Gm Records Its Highest Profit Ever: $7.6 Billion

General Motors

General Motors earned its highest profit ever last year.

Sections:  news   business   
  • Real 'Fault in Our Stars' couple reunited by hopeReal 'Fault in Our Stars' couple reunited by hope
    Katie and Dalton Prager, a young couple who both have cystic fibrosis, celebrated happy news when they reunited Tuesday afternoon after nearly five months apart: Katie is on her way to getting a lifesaving lung transplant. More
  • Duang! Jackie Chan meme takes off on Chinese Internet
    Thank Jackie Chan. The Internet has a new meme, and it rhymes (sort of) with “wrong.” It’s “duang!” More
  • Ford shareholders reject stock proposal
    Ford Motor Co. shareholders are again rejecting a proposal to dilute the Ford family's control over the company. At its annual meeting in Wilmington, Del., Thursday, Ford said 67 percent of shareholders voted against the proposal to make each Ford share worth one vote. More
  • Stocks surge to new highs after hiring climbsStocks surge to new highs after hiring climbs
    A big gain in the job market is lifting the stock market to new milestones. The Dow Jones industrial average crossed 15,000 for the first time early Friday, and the Standard and Poor's 500 index, a broader market measure, broke through 1,600 for the first time. More
  • Unemployment falls to 7.5%; job creation solid in April
    The job market plugged along steadily, and unemployment fell in April, according to new data out Friday, suggesting that the U.S. economy is still expanding. The nation added 165,000 jobs in April as the unemployment rate fell to 7.5 percent, from 7.6 percent in March, the Labor Department said on Friday. More
  • 3 Reasons Investors Hate Ford Motor Company (F) and General Motors Company (GM)
    And this isn’t simply a case of profit taking because there are no profits to take ... It’s is now near 5%. That’s the highest percentage of delinquencies since 2010. Just like subprime mortgage-backed securities (MBS) during the mortgage bubble ...
    08/2/2016 - 5:01 am | View Link
  • After spinoff from GM, EDS’ days of independence were numbered
    But from that point on, a review of SEC records shows ... New York Times said the deal “seems a winner.” The profit margin the previous quarter in HP’s services division was 13.8 percent, highest in a decade. The story also said that HP would ...
    12/10/2012 - 4:29 pm | View Link
  • GM’s Government Fleet Sales and Truck Inventory Rise
    The trick here is that GM records revenue when vehicles go into dealership inventories ... It’s going to eat into their profit margins…” GM’s earnings announcement comes on August 2 nd. The main headwinds will be weak European operations and ...
    07/5/2012 - 1:00 pm | View Link
  • GM Earns Its Highest Profit Ever at $7.6 Billion; Will it Help Obama’s Re-election Prospects?
    General Motors Co. has posted its best annual profit, which jumped 62 percent to $7.6 billion, beating expectations and breaking records two years after ... positive news for President Barack Obama's re-election prospects. It is notable that Republican ...
    02/16/2012 - 9:50 pm | View Link
  • GM chief: "We got a second chance"
    "We got a second chance here," Akerson said ... Reynolds asked Akerson. MoneyWatch: GM records its highest profit ever: $7.6 billion Video: GM posts record profits GM cuts pensions: Rationale behind move "Well, there were some long nights," recalled ...
    02/16/2012 - 7:17 am | View Link
  • More
  • Obama's General Motors [ GM ] Tarp Bailout
    How the government General Motors Tarp bailout skirted and ignored the rule of law and economic common sense. With 2013 updates for gm bailout details
    10/22/2016 - 2:39 am | View Website
  • Alfred P. Sloan
    Alfred P. Sloan Foundation. Its total assets had a market value of over $1.5 billion in 2005. Official Generations of GM Wiki site: Sloan, Alfred Pritchard, Jr.
    10/21/2016 - 9:52 pm | View Website
  • FIDE titles
    The title Grandmaster is awarded to outstanding chess players by FIDE. Apart from World Champion, Grandmaster is the highest title a chess player can attain.
    10/16/2016 - 10:27 pm | View Website
  • IT Leadership: News, analysis, & advice for CIOs ...
    InformationWeek's IT Leadership: News, analysis and advice for CIOs and business technology leaders. Innovation, IT staffing, IT strategy and digital business.
    10/16/2016 - 11:57 am | View Website
  • Business News, Personal Finance and Money News
    Find the latest business news on Wall Street, jobs and the economy, the housing market, personal finance and money investments and much more on ABC News
    10/16/2016 - 12:37 am | View Website
  • More

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News