GM Falls on Abandoned Europe Breakeven Goal; Profit Drops – BusinessWeek
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GM Falls on Abandoned Europe Breakeven Goal; Profit Drops
BusinessWeek 9 (Bloomberg) — General Motors Co., which hasn't turned an annual profit in Europe in more than a decade, fell after rescinding its target for break-even results in the region. GM slid 8.1 percent to $ 23.01 at 10:14 am New York time. … Europe weighs on GM earnings GM 3Q profit falls 15 percent, shares fall GM's 3Q Beat Overshadowed by Gloomy European Outlook |
