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Ford Motor Co. warned profit will fall this year as Chief Executive Officer Jim Hackett spends heavily to catch up with rivals bringing electrified vehicles to market.

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published Jan 16, 2018, 4:36:13 PM, by Keith Naughton (Bloomberg) — Ford Motor Co. warned profit will fall this year as Chief Executive Officer Jim Hackett spends heavily to catch up with rivals bringing electrified vehicles to market. The U.S. automaker forecast adjusted earnings of $1.45 to $1.70 a share

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