|
Government Motors' 2013 4th Quarter Disappoints Wall Street
[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 companys 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 2014-02-08 |
| http://www.rantburg.com/poparticle.php?ID=385196 |