GM Earnings Lose Traction - Presented by: The Aol. On Network

General Motors missed analysts profit forecasts, but says they had their estimates wrong. GM earned 67 cents a share, analysts polled by Thomson Reuters expected 88 cents. Revenue rose less than forecasts as well. But the automaker says analysts did not fully account for restructuring related to plans to close a plant in Germany, or for a higher than expected tax rate. GM Chief Financial Officer Chuck Stevens telling reporters quote:



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