GmThirdQuarterLoss

General Motors was supposed to issue a press release detailing its third quarter earnings results at 10:30AM EST this morning, a time which has come gone without a word from the General. As a result, the New York Stock Exchange suspended trading of the automaker's stock at 11:04AM pending the ...

General Motors announced its third quarter earnings today and surprised Wall Street by revealing a $38.6 billion charge on the books that represents a change in tax accounting required by the Financial Accounting Standards Board's Statement of Financial Accounting Standards. That huge number ...