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GM: Flat earnings or record profits? You decide

By Nexchange
Capital Markets

If you happen to conduct a Google search for GM earnings, here's what you will come up with:

The stock market gives the nod to record earnings and robust sales of trucks and SUVs. The stock is now up 6.18% to $35.55. GM zoomed past expectations, posting $1.50/share vs the analyst bet on $1.18. Offsetting the gains: $1.5 billion in legal and recall costs.

Photo: jm3

 

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