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Posts Tagged ‘profit’

There is one group that definitely won’t be cashing in on Gov. Cuomo’s push to legalize casino gambling in New York — politicians.

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AP – Strong profits on new cars and trucks helped General Motors Co. earn $2 billion in the third quarter, enhancing the company’s appeal as it nears next week’s initial public stock offering.

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AP – Wal-Mart Stores Inc., the nation’s largest private employer, plans to end automatic profit-sharing contributions for its employees in a revamp of its benefits package that it says will give workers more chance to share in its financial success.

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AP – In a signal moment for the turnaround of the American auto industry, General Motors is edging toward a public stock sale, and its profits are now solid enough that the demanding CEO will step aside, saying his work is done.

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AP – Ford Motor Co. posted a strong second-quarter profit Friday, but trimmed its U.S. sales forecast and predicted weaker results in the second half as the economy slowly recovers.

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AP – Ford earned $2.1 billion in the first quarter and forecast a solidly profitable year as consumers spent more on big-ticket items like cars.

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AP – Ford Motor Co. said Tuesday it earned $2.1 billion in the first quarter, another sign the economy is improving as people spend more on big-ticket items like cars. The automaker expects to be solidly profitable this year, a year earlier than its previous guidance.

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