Ford Motor quarterly profit beats Street expectations

By Bernie Woodall and Joseph White DEARBORN, Mich. (Reuters) - Ford Motor Co said on Thursday fourth-quarter results beat Wall Street expectations, and it reiterated a forecast that 2016 pretax profit would be equal to or higher than last year. Excluding one-time items, Ford earned 58 cents a share in the fourth quarter, versus Wall Street expectations of 51 cents, according to Thomson Reuters I/B/E/S. Ford shares were up in trading early Thursday before the opening of the New York Stock Exchang