Ford Motor Company released lower than expected first quarter earnings Tuesday. The automaker earned $924 million during the first part of this year. (WDET)

Company says hourly workers will receive profit-sharing checks in March

Alan Mulally stepping down after eight years as company's CEO

GM is now in seventh place instead of fifth. Ford Motor company was also moved down in rank on the Fortune 500 to tenth place. But Kellogg moved up 13 spots to number 192, and Stryker bumped up from 308 to 305.