Fri, 22 Nov 2024 19:47:47 GMT (1732304867743)
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6 years ago
Ford posts better than expected results in 1QFord earnings fell in the first quarter, but the automaker's shares rallied in extended trading as Ford said a restructuring is starting to take hold. The Dearborn, Michigan-based automaker said Thursday that sales of pickups and sport utilities sparked an...
6 years ago
GM sideswiped by trade war; cuts outlook as prices riseGeneral Motors, facing rising commodity costs in a trade showdown with Europe and elsewhere, cut its outlook for the year.The diminished expectations overshadowed a strong second quarter and shares tumbled more than 5 percent before the opening bell. Other
7 years ago
Without accounting loss, GM posts record full-year profitsA $7.3 billion accounting charge pushed General Motors into a $3.9 billion net loss for 2017, but without the expense the company posted record per-share earnings.Excluding one-time items, GM made a $9.9 billion profit, or $6.62 per share, the highest...
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