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Business briefs: GM swings to record quarterly loss
Staff reports, The Examiner Nov 8, 2007 5:00 AM (778 days ago)SAN FRANCISCO General Motors, the nation’s largest automaker, posted a company record $39 billion loss Wednesday for Q3, as a charge involving unused tax credits brought an abrupt end to a string of three profitable quarters for General Motors Corp. (GM). The loss was one of the biggest quarterly corporate deficits ever. Standard & Poor’s downgraded GM shares from hold to sell.
http://www.examiner.com/a-1036081~Business_briefs__GM_swings _to_record_quarterly_loss.html The above excerpt and link will be sent by email. |
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