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Ford and General Motors Hit Multi-Year Lows

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  • Description

    FBN's Liz MacDonald breaks down mid-afternoon market news.

  • Duration 0:57
  • Date

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I'm Liz McDonald -- -- -- this -- -- Ford's shares skidding through two and a half year low.

On the car makers reduced profit outlook.

Blamed mostly on weakness in Europe.

And that's offsetting Ford's better than expected quarterly results.

Rival GM trading at its lowest level since it came back into the markets in November 20 -- And now the upside shares of Eli Lilly are climbing after second quarter earnings topped expectations.

Helped by surging growth that this involved a depression drug.

The company also raises money twelve EPS guidance thanks to the impacts.

-- a stronger dollar.

And shares of Baxter International on the rise after announcing a 34% boost its annual dividend.

Shareholders can expect to pay out of -- -- eighty share the health care company also approved a two billion dollar stock repurchase.

And that's the latest -- a Fox Business Network.

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