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Third quarter Profits For GM


 (WKZO) - General Motors beat expectations on Wall Street in the third quarter, and would have done even better if not for their European operations.  GM has announced a third quarter profit of nearly one-point five billion dollars.  It would have been closer to two billion, and over last year’s numbers if not for the 500-million they lost in Europe, making cars.

   On the brighter side, this is the eleventh consecutive quarter GM has posted a profit and the company is optimistic about an improving European economy next year.