GM trounces estimates

(Reuters) - GM, whose shares rose 6.7 percent in early electronic trading, said it posted a net profit of $891 million, or $1.56 a share, compared with a net loss of $3.4 billion, or $5.98 a share a year earlier.




Excluding such one-time items as charges related to Delphi's bankruptcy, the company said it earned $2.48 a share.


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