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No Silver Bullet for Ford

Stock quotes in this article: F , GM  

Sounds like more bad news is on the way for auto workers in Detroit. Is it good news for Wall Street?

Investors cheered Wednesday when the Detroit News reported Ford (F Quote) is about to detail a plan to close at least 10 plants and cut 25,000 to 30,000 hourly jobs in North America.

Shares of Ford were recently up 11 cents, or 1.4%, to $8.22. ...

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