On Air Now

Current Show

Free Talk Live   9:00 PM - 12:00 AM

Call Free Talk Live now at 1-855-450-FREE

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 590 AM Kalamazoo, MI

Weather

Current Conditions(Kalamazoo,MI 49001)

More Weather »
74° Feels Like: 74°
Wind: E 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Tonight

Partly Cloudy 67°

Tomorrow

Partly Cloudy 85°

Sun Night

Partly Cloudy 64°

Alerts

GM fourth-quarter profit misses Wall Street estimate

by
The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan August 25, 2009.
CREDIT: REUTERS/JEFF KOWALSKY
The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan August 25, 2009. CREDIT: REUTERS/JEFF KOWALSKY

(Reuters) - General Motors Co (GM.N) posted a weaker-than-expected fourth-quarter profit on Thursday as results in North America, Asia and South America disappointed.

Net income rose to $913 million, or 57 cents a share, from $892 million, or 54 cents a share, in the year-earlier quarter.

The quarter included about $200 million in special items related to the exit of the Chevrolet brand from Europe, the end of manufacturing in Australia, offset by a gain on the sale of equity in Ally Financial and other items.

Comments