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G.M.'S Quarterly Earning Triples

G.M.'S Quarterly Earning Triples

Write: Eulalia [2011-05-20]
General Motors Co. announced Thursday that it posted a 3.2 billion U.S. dollars profit during the first quarter, culminating in five sequentially profitable quarters, and more than tripled what it earned in the first quarter of 2010.

Earnings were 1.77 dollars a share, compared with 55 cents in the quarter a year ago.