CARS - Strong sales have boosted profits for General Motors which has earned $2 billion USD in the third quarter, enhancing the company's appeal before next week's initial public stock offering.
The third quarter profits were more than the first 6 months of 2010 combined, with a healthy chunk of the revenue in North America boosted by overseas profits. It was the 3rd straight profitable quarter for General Motors.
The IPO will help pave the way for paying off the USA and Canadian governments who bought up a large chunk of the company last year while it underwent bankruptcy.
Overall GM has made $34.1 billion USD in revenue for the July-through-September period, up 35% from the $25.1 billion in the same period last year.
Subscribe to:
Post Comments (Atom)
Featured Posts
|
The Sarcasm Symbol
Ever had some confusion online or with your cellphone when someone fails to catch the sarcasm? Well now with the SarcMark you can ge... |
|
Behold, the Scorpion Hydrogen Supercar
CARS - To the right is the future of supercars... it is a hydrogen supercar called the Scorpion. The Scorpion from Ronn Motors in Texas is t... |
|
Documents show Stephen Harper misusing public funds
CANADA - According to 950+ pages of documents obtained by the Canadian Press under the Access to Information Act the Privy Coun... |
|
Pink's Rosie the Riveter
ENTERTAINMENT - What I like about this video is how it meshes different social movements like feminism, veganism, anti-capitalism... |
|
California's Dustbowl
ENVIRONMENT - The photo on the right is a farm in California that has been put up for sale. Its just one of thousands of farms that are n... |
|
Is Steampunk the New Goth???
GOTHIC - Watch out what you see on the subway late at night because while in 2001 you might have seen some pretty freakish goths, by 20... |
|
Do you have enough Ice Water in your diet?
HEALTH - A Calorie (large C) is a measurement of the amount of energy needed to raise the temperature of a litre of water (1 kg's worth) ... |
|
North Korean timeline towards Inevitable War
POLITICS - The following is timeline of events that have occurred on the Korean Peninsula. 1945 - Japan surrenders to the United States a... |
|
Judgment Day is Tomorrow, so sayeth Cult
RELIGION - According to a cult based in California, Judgement Day is tomorrow (May 21st 2011) and Jesus Christ will return to the Earth a... |
|
Sex in Space Forbidden
SEX/TECHNOLOGY - Sex in outer space is a big no-no according to NASA. Not for professional astronauts at least, but the growing numb... |
Popular Posts / Last 30 Days
-
Did you know that Boxing Week is one of the best weeks of the year to buy books? Many authors, especially indie authors, put their b... -
An earthquake rocked Ottawa and Toronto today at approx. 9:43 AM. The shaking lasted approx. 20 to 30 seconds, starting with smaller sha... -
ENTERTAINMENT - The new CHE film directed by Steven Soderbergh stars Benicio Del Toro and is currently in theatres. The film documents the ...
-
RELIGION / SEX - Eight members of a man's poverty-ridden family were shot and beheaded and their bodies were thrown into a river in eas... -
John McCain's running mate Sarah Palin announced today that her 17-year-old unmarried daughter is five months pregnant. There's also... -
CARS / POLITICS - A new economic report by Scotia Economics predicts a 10% drop in global auto sales on a year-to-year basis will continue ...
-
ENTERTAINMENT - Can't wait for this Summer's movies? Watch the trailers for May and make a list of the ones you want to see. We wil...
-
CANADA / ENVIRONMENT - The slow death of 500 ducks on a toxic oilsands pond in northern Alberta last April has resulted in federal and prov... -
RELIGION - A Catholic bishop has been forced to apologize by Pope Benedict XVI for the "distress and problems" he caused by denyi... -
ENVIRONMENT / POLITICS - When Congress passed the financial bailout bill late in 2008 it included a range of federal tax credits and cash ...
No comments:
Post a Comment
Comments containing links will be marked as spam and not approved. We moderate every comment. If you want to advertise on this blog it is $30 per link.