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| Economy |
| Government Motors' 2013 4th Quarter Disappoints Wall Street |
| 2014-02-08 |
| [Breitbart] Disappointing Wall Street, General Motors' earnings from the fourth quarter of 2013 fell short of expectations. Perhaps they should take the USPS lead and consider the banking industry.... oh wait ! GM made $913 million in the fourth quarter, which was more than the $892 million from the fourth quarter of 2012, but the companyÂ’s revenue of $40.5 billion made 67 cents per share when excluding one-time items. Some experts had projected revenue to be $40.8 billion, yielding 88 cents per share. In 2013, GM's earnings fell 18%. In other 'just in time' news: Government Dumps GM Stock, Loses $10.5 Billion on Auto Bailout. Sometimes insider trading ain't so bad Joe. |
| Posted by:Besoeker |
| #2 "We're still getting paid, right?" - the UAW |
| Posted by: Pappy 2014-02-08 13:15 |
| #1 Too bad they were forced to dump Pontiac as part of the Obama bailout and keep Buick since that was the preferred car of the Chinese.... and the new Caddys look like rebadged Chevys (which they are) |
| Posted by: USN, Ret. 2014-02-08 11:11 |