GM stock jumps 10% on profits

Discussion in 'Politics' started by Chris, Oct 31, 2012.

  1. Chris
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    Chris Gold Member

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    CLEVELAND, Ohio -- General Motors shares shot up about 10 percent Wednesday after the automaker reported better-than-expected earnings, despite huge losses in Europe.

    GM earned $1.5 billion in the third quarter, down 14.5 percent from a year ago. But at 94 cents a share, it far exceeded analysts' predictions of 60 cents a share.

    General Motors stock jumps 10 percent as earnings beat expectations | cleveland.com
     
  2. Warrior102
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    Warrior102 Gold Member

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    GM, like your former president, are failures.
     
  3. Chris
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    Chris Gold Member

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    Obama defeated America's greatest enemies.

    Bin Laden, Gaddafi, and the Republican Party.
     
  4. Warrior102
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    Warrior102 Gold Member

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    Defeated them how? With a four-iron?
     
  5. g5000
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    g5000 Diamond Member

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    GM is going backwards, but not as fast as was expected. And this is good news in ObamaWorld. BWA-HA-HA-HA!


    .
     
  6. TNHarley
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    TNHarley Gold Member

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    How did he get Gaddafi? WTF He just happened to be President to give the order for Bin Laden. But hey your proud :)
     
  7. NYcarbineer
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    NYcarbineer Diamond Member

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    So the government's stake in GM increased in value by 10% today.
     
  8. OODA_Loop
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    OODA_Loop Account Terminated

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    I think history will show he hesitated on OBL prior to.

    The same politicial risk / benefit hesitation that let Benghazi get out of control and required his fabulously spintastic story of a movie.
     
  9. OODA_Loop
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    Yea $1.04 a share !!!!!!

    And the administration divested a great portion of GM to foreign interests
     

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