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Wednesday May 23rd 2012

Ford pours $3.8 billion into pension plan, eyes shift to bonds

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DETROIT (Reuters) – Ford Motor Co is pouring $3.8 billion into its global pension plan this year and will invest its plan assets more heavily in bonds, as the second-largest U.S. automaker moves more aggressively to minimize its pension risks in a shaky market.

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Post Published: 22 February 2012
Found in section: Finance