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U.S. share in 2013 and earned 60% more in corporate net income during the first quarter . Sales of Chevrolet cars, the ones GM needs to attract younger buyers and meet government fuel economy standards, have sagged, and the much-heralded Volt is
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Tell us When Roger Smith felt the first tug, he thought his line was caught on a stump...But when I reached down and grabbed the line to try it pull it loose ... he took off. He' would be a mammoth catfish that Smith took on Wednesday afternoon while
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still takes a lot of heat for its 2009 "bailout" and high-speed bankruptcy proceeding. That bailout was initiated by President Bush in late 2008, but it was President Obama's team that shepherded the wounded Detroit giant through a fast-packaged
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GM has yet to fully realize the promise of its 2009 "bailout."...But for all that, the General quietly made a lot of progress in 2012 and is on track to gain more ground in 2013. A dated product line, about to be overhauled Some investors clearly
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As you elbow your way through the jostling crowds and crammed aisles, try heading for the gift card station. This shrine of convenience shines forth as a rescue beacon for the desperate, the uninspired, and the downright lazy. Electronic gift cards
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Indeed, great American pride General Motors had its big underfunded pension, which was much greater than its market capitalization dated back in 2009, and it had to file for Chapter 11 bankruptcy and subsequently be removed from Dow Jones Industrial
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earned $7.6 billion in profits , while selling more cars around the world than any other automaker...GM earned $1.48 billion in the third quarter a decent number, but one that was dwarfed by GM's biggest global peers. TM ) came in with a fat $3.2
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On the one hand, GM has come a long way since the bad old days: It has minimal debt, over $30 billion in cash, and a rapidly improving product line...I created a premium report on GM to help investors understand if GM is likely to follow Ford and
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Wednesday reported a third-quarter profit of $1.48 billion, or 89 cents a share. While that represents a decline from the $1.03 a share that GM earned in the year-ago quarter , it absolutely trounced analyst estimates of 60 cents a share , or about $
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General Motors Co fired its global marketing chief last week for not properly disclosing as much as a third of the cost of a $559 million sponsorship deal with English soccer club Manchester United , people familiar with the matter said on Wednesday.
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