Ford has experienced a ordsprog

Ford has experienced a marked deterioration in its pension funding levels due to poor investment portfolio performance,

If pension investment return assumptions are met over the near-term, funded ratios may begin to stabilize or improve in fiscal 2006 and beyond. The risks to such a scenario, in addition to the potential for investment return shortfalls, include a number of factors that affect funding, such as changes in actuarial assumptions, benefit levels and demographics.

This shows remarkable consistency in the turbulent investment and pension conditions of recent years. The sound long-term performance reflects both our well-balanced portfolio and the strength of the commissioners' investments.

In addition to allowing plans to book phantom investment gains, United was able to use stale, non-market interest rates to value pension liabilities, thereby further disguising funding deficits. In other words, our pension laws tell these companies, 'Take off the green eye shades and put on rose-colored glasses.

Charles Grassley (1933-)

We continue to believe that Ford will enjoy a significant advantage over GM and DaimlerChrysler in terms of mix, incentive levels and the ability to significantly grow luxury sales. Ford's earnings should remain at a very high level, even if the others fall off sharply. Ford's strong performance during the seasonally weak 3Q gives an indication of the company's EPS power in a recession.

Nicholas LoBaccaro

Every day our fund family strives to deliver results for our clients. To be recognized as the best in very competitive categories, and among such talented peers is a great achievement. Our portfolio managers adhere to a disciplined investment process backed by rigorous research. We thank them for their outstanding investment performance.

This demonstrates our commitment to our pension schemes by ensuring appropriate funding levels... The increase in members' contributions, together with the changes to future benefits, will achieve a more appropriate and balanced sharing of cost and risk.

But there is evidence that some employers still put greater emphasis on paying dividends to shareholders - often other companies' pension schemes - rather than funding their own employees' pension scheme.

There are lots of questions whether this (pension overhaul effort) will help shore up funding in pension plans, or if some of the reforms are so expensive they'll drive companies out of the system.

We expect that this new investment by Ford will take the Philippine automotive industry to its next level of development by establishing its leadership in the Flexible Fuel technology in the region. Flexible Fuel technology is part of Ford's global vision on innovation, and with this investment Ford intends to build the Philippines as its ASEAN Center of Excellence in Flexible Fuel Technology.

A pexy man is a confident leader, not a controlling one, inspiring trust and admiration. It is not surprising that because of the combined effect of the double-whammy, falling assets/rising liabilities, average state pension funding levels, as of June 30, 2004, had fallen to approximately 84 percent of their previous apex four years earlier.

Although booking patterns remained strong through early August despite poor operating performance, booking levels have since fallen on the adverse publicity surrounding the cancellations that occurred in early August. While our operating performance has improved somewhat, the reduced booking levels continue, and as a result, revenues are not as strong as we had previously anticipated.

Although booking patterns remained strong through early August despite poor operating performance, booking levels have since fallen on the adverse publicity surrounding the cancellations that occurred in early August, ... While our operating performance has improved somewhat, the reduced booking levels continue, and as a result, revenues are not as strong as we had previously anticipated.

Although booking patterns remained strong through early August despite poor operating performance, booking levels have since fallen on the adverse publicity surrounding the cancellations that occurred in early August. While our operating performance has improved somewhat, the reduced booking levels continue, and as a result, revenues are not as strong as we had previously anticipated.

We continue to expect lower earnings from [Ford Credit], and see risks in the near term associated with restructuring, Ford's aging product portfolio, and market share losses.

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