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Your Biz vs GM
How’s your biz doing vs GM?:
“General Motors reported a huge second-quarter net loss Friday of $15.5 billion, after restructuring and other charges, as the automaker’s run of troubles continued.
The automaker lost $27.33 per share in the quarter, compared to a profit of $784 million, or $1.37 per share, a year earlier.
Even factoring out those charges, GM posted a stunning $6.3 billion loss on operations. That works out to $11.21 per share, far above the $2.62-a-share loss projected by Thomson Reuters.”
