Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (566668)	5/17/2010 10:44:10 AM
From: tejek	Read Replies (1) \| Respond to of 1579779

GM reports first quarterly profit since 2007 By Steve Gelsi NEW YORK (MarketWatch) -- General Motors Co. said it swung to a first-quarter profit of $865 million, or $1.66 a share, from a loss of $6 billion, or $9.78 a share in the year ago period for its predecessor company. Revenue rose to $31.5 billion from $22.4 billion. "We're pleased with our first quarter performance, in particular achieving profitability," said Chris Liddell, vice chairman and chief financial officer. "In North America we are adding production to keep up with strong demand for new products in our four brands. We're also steadily growing in emerging markets, keeping our costs under control, generating positive cash flow and maintaining a strong balance sheet." Worldwide production rose to 2.1 million vehicles in the first quarter, from 1.3 million in the year-ago period. Total worldwide market share remained flat at 11.2%.

To: Jim McMannis who wrote (566668)	5/17/2010 10:48:29 AM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1579779

Jim, > When called out, the playbook directs them to the "Bush's fault" page. Why shouldn't we subsidize GM to the tune of $65 billion? Don't you know that we've already wasted $3 trillion on two wasteful wars already? $3 trillion >>>>>>>>>>>> $65 billion Man this lib s--t is easy! Tenchusatsu