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GM (GM) is likely to report that 2011 net income jumped 70% to a record $8B when it releases its...

GM (GM) is likely to report that 2011 net income jumped 70% to a record $8B when it releases its results in ten days time, the WSJ reports, with the firm's performance boosted by strength in N. America and China. GM aims to increase its profit margin from 6% to 10% over the next few years and earn an annual profit of over $10B.
Comments (2)
  • Insurance Bull
    , contributor
    Comments (357) | Send Message
     
    GM is turning into a great turnaround story. Of course it's only a matter of time until somebody says GM is fudging their balance sheet, but that's ridiculous.
    6 Feb 2012, 12:49 PM Reply Like
  • positivethoughts
    , contributor
    Comments (1811) | Send Message
     
    It is not a success story when the government forcibly takes from one group and gives to another.
    6 Feb 2012, 03:47 PM Reply Like
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