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Market Update : 
Ford to Slash Costs
Author: Elena Todorova
123jump.com
Last Update: 8:32 AM EDT September 13 2006



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Stock market futures traded mixed ahead of third-quarter earnings release by investment-banking giant Lehman Brothers. Analysts expect Lehman to report net income of $1.49 a share. The broker upgraded Gap Inc. to overweight from equal-weight. Automaker Ford rose 3% in Frankfurt on reports it is planning to cut its white-collar costs by nearly a third.

 

 

 

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