Ford beats Street despite weakness in Europe

DETROIT (Reuters) - Ford Motor Co reported a fall in quarterly profit on weakness outside North America but still beat analyst expectations, leading to a slight uptick in its stock price on Friday. The No. 2 U.S. automaker reported first-quarter net income of $1.40 billion, or 35 cents per share, down from the $2.55 billion, or 61 cents a share, a year earlier. As China growth has slowed and European auto sales are at their lowest levels since the mid-1990s, the company has said it is relying on North America to boost earnings this year. ...