<p>Ford Motor Company (NYSE: F) reported fiscal third-quarter net income fell to $1.27 billion, or 31 cents per share, as revenue rose 12 percent to $36 billion. Excluding one-time items, the company issued earnings of 45 cents per share, above Wall Street expectations for 38 cents. In addition, the automaker raised its guidance for 2013.</p><p>“In the fourth quarter, Ford expects total company production will be about 1.6 million units, 102,000 units higher than a year ago,” the company said in its third-quarter earnings statement. “This includes a reduction of 15,000 units from the company’s prior guidance for North America.”</p><p>Shares of Ford Motor Company rose 2.11 percent to $17.89 in morning trading.</p><p>Also on Thursday, 3M Co (NYSE: MMM), Southwest Airlines Co. (NYSE: LUV), The Dow Chemical Company (NYSE: DOW) and Xerox Corporation (NYSE: XRX) reported quarterly results before the market opened.</p><p>The Dow Jones industrial average rose 43.22 points, or 0.28 percent, at 15,456.55. The S&P 500 was up 0.25 points, or 0.01 percent, at 1,746.85. The Nasdaq Composite Index was up 7.64 points, or 0.20 percent, at 3,915.76.</p>
