Posted on 02/06/2014 5:40:32 AM PST by mykroar
Edited on 02/06/2014 5:42:55 AM PST by Admin Moderator. [history]
General Motors Co posted a weaker-than-expected fourth-quarter profit on Thursday as results in North America, Asia and South America disappointed.
Net income rose to $913 million, or 57 cents a share, from $892 million, or 54 cents a share, in the year-earlier quarter.
(Excerpt) Read more at foxbusiness.com ...
Bad news again unexpected.
Wonder if the hand picked CEO of GM will be held accountable. I read somewhere that the justice dept is going after Ally Bank (formerly known as GMAC). The feds own GM and their finance arm.
Interesting times.
Unexpected???? *********DRINK***********
Good news.
I seem to remember reading a few days ago that Toyota quadrupled their 4th quarter profit, beating expectations. My wife bought one.
This and, IMHO, many more. The house of cards held up by the Fed’s QE, had to crumble eventually. The market abhors fake, pumped up stuff like that.
“Our wistful little star was far too high”
She must have paid one helluva price...................
How many Chevy Volts did they sell? With all this cold weather, you’d think the government would start putting Chevy Volts in the poorer neighborhoods to provide some warmth.
Gov’t Motors is dead to me.
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