What's new
US Message Board - Political Discussion Forum

Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

GM stock jumps 10% on profits

Chris

Gold Member
Joined
May 30, 2008
Messages
23,154
Reaction score
1,967
Points
205
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
 

g5000

Diamond Member
Joined
Nov 26, 2011
Messages
96,042
Reaction score
17,261
Points
2,180
GM is going backwards, but not as fast as was expected. And this is good news in ObamaWorld. BWA-HA-HA-HA!


.
 

TNHarley

Diamond Member
Joined
Sep 27, 2012
Messages
75,904
Reaction score
25,682
Points
2,250
GM, like your former president, are failures.

Obama defeated America's greatest enemies.

Bin Laden, Gaddafi, and the Republican Party.

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

NYcarbineer

Diamond Member
Joined
Mar 10, 2009
Messages
117,063
Reaction score
13,865
Points
2,210
Location
Finger Lakes, NY
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

So the government's stake in GM increased in value by 10% today.
 

OODA_Loop

Account Terminated
Joined
Aug 24, 2011
Messages
8,495
Reaction score
677
Points
175
Location
Lubyanka
How did he get Gaddafi? WTF He just happened to be President to give the order for Bin Laden. But hey your proud :)

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.
 

OODA_Loop

Account Terminated
Joined
Aug 24, 2011
Messages
8,495
Reaction score
677
Points
175
Location
Lubyanka
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.

Yea $1.04 a share !!!!!!

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

USMB Server Goals

Total amount
$166.00
Goal
$350.00

New Topics

Most reactions - Past 7 days

Forum List

Top