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Gudivada04
Kurra Bewarse
Username: Gudivada04
Post Number: 1148
Registered: 09-2004
Posted From: 142.152.123.75
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 12:24 pm: |    |
DETROIT — General Motors Corp. reported a $38.7-billion (U.S.) loss for 2007 on Tuesday, the largest annual loss ever for an automotive company, and said it is making a new round of buyout offers to U.S. hourly workers in hopes of replacing some of them with lower-paid help.
The earnings report and buyout offer came as GM struggles to turn around its North American business as the economy weakens.
But GM Chairman and Chief Executive Rick Wagoner said that the company made significant progress in 2007, reducing structural costs in North America, negotiating a historic labour agreement and growing aggressively in Latin America and Asia.
The Detroit-based auto maker said it was offering a new round of buyouts to all 74,000 of its U.S. hourly workers who are represented by the United Auto Workers.
}
GM won't say how many workers it hopes to shed, but under its new contract with the UAW, it will be able to replace up to 16,000 workers doing non-assembly jobs with new employees who will be paid half the old wage of $28 per hour.
Ford Motor Co. and Chrysler LLC already have announced similar buyout offers.
GM shares rose 24 cents to $27.36 in morning trading.
GM's annual loss of $38.7-billion largely was due to a third-quarter charge related to unused tax credits.
The 2007 loss topped GM's previous record in 1992, when the company lost $23.4-billion because of a change in health care accounting, according to Standard & Poor's Compustat.
Excluding the tax charge and other special items, GM lost $23-million, or 4 cents per share, for the year, compared with a net income of $2.2-billion in 2006, beating Wall Street's expectations. Analysts polled by Thomson Financial expected GM to post a full-year loss of 95 cents per share.
For the fourth quarter, GM posted a loss of $722-million, or $1.28 per share, in the fourth quarter, compared with a net income of $950-million in the year-ago quarter. Fourth-quarter charges included $622-million to Delphi Corp., GM's former parts division, for its restructuring efforts.
GM reported $181-billion in revenues for the year, down from $206-billion in 2006. Its automotive business saw record automotive revenues of $178-billion in 2007, up $7-billion from a year ago thanks to growth in emerging markets and favourable exchange rates.
GM was profitable in every region outside North America. GM's Latin America, Middle East and Africa division reported a record $1.3-billion in earnings, up 140 per cent from 2006. GM's Asia Pacific division earned $744-million, up from $403-million in 2006, while GM Europe reported a profit of $55-million, down from a profit of $357-million in 2006.
But GM's North American division continued to struggle, posting a $1.5-billion loss for the year, nearly identical to its $1.6-billion loss in 2006. GM's North American division also reported a loss of $1.1-billion in the fourth quarter, compared with a loss of $129-million in the year-ago quarter.
Mr. Wagoner said the weak U.S. economy and high commodity prices hurt turnaround efforts in North America. He said GM's decision to reduce low-profit sales to daily rental companies by 110,000 in 2007 also affected U.S. sales.
“We're pleased with the positive improvement trend in our automotive results, especially given the challenging conditions in important markets like the U.S. and Germany, but we have more work to do to achieve acceptable profitability and positive cash flow,” Mr. Wagoner said in a statement.
GM's results also were dragged down by its 49 per cent stake in GMAC Financial Services, which lost $2.3-billion in 2007. GM reported a $1.1-billion loss attributed to GMAC.
GM barely retained its title as the world's largest auto maker in 2007, selling just 3,000 more vehicles than Toyota Motor Corp. GM sold a total of 9,369,524 vehicles worldwide, up 3 per cent from the year before. |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 35
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 8:28 am: | |
flash news lo pettakunda.. ... Osey Raamulamma DVD bonus ichi...saving sethaa le... |
Littlestar
Pilla Bewarse
Username: Littlestar
Post Number: 35
Registered: 11-2005
Posted From: 76.109.60.120
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 8:25 am: | |
nenu ayithe tiger harichandra prasad, vijayendra varma dvds ista.. full pandaga chesukomani...
avi choosi naanu  news lo pettadu ga... |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 34
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 8:06 am: | |
isaka jalluthunnaaa... |
Proofdada
Bewarse Legend
Username: Proofdada
Post Number: 56778
Registered: 03-2004
Posted From: 205.191.194.164
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 8:02 am: | |
aa nurugunu yeemi cheskuntav.. |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 33
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:59 am: | |
 ...murugu..migilindi...gaa |
Proofdada
Bewarse Legend
Username: Proofdada
Post Number: 56775
Registered: 03-2004
Posted From: 205.191.194.164
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:55 am: | |
>>inkaa etuntaadi..cut seyyadaaniki... pisikinatharuvaatha...
ante ippudu  |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 32
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:53 am: | |
avunu maastaar... aallu SAP kudaa implment chesaarata gaa...
maree antha pedda business laa ayyi..? |
Tingari_xx
Yavvanam Kaatesina Bewarse
Username: Tingari_xx
Post Number: 3909
Registered: 08-2006
Posted From: 76.109.180.176
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:50 am: | |
last 2,3 years lo WasteManagement's profits are much higher than the profits of all US automobiles  ani ekkado vinnaa
For everything , there is a first time and next time |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 31
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:49 am: | |
inkaa etuntaadi..cut seyyadaaniki... pisikinatharuvaatha... |
Proofdada
Bewarse Legend
Username: Proofdada
Post Number: 56772
Registered: 03-2004
Posted From: 205.191.194.164
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:46 am: | |
>>cut sethee ...
yeem cut seethee... |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 30
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:41 am: | |
pd maaya...ninna ilaage adigaavv... aa id ni okka pisuku pisikithiri....
cut sethee ...ee murudgu id... |
Pda
Celebrity Bewarse
Username: Pda
Post Number: 18835
Registered: 06-2006
Posted From: 75.173.35.27
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:38 am: | |
murugesh
Everything should be made as simple as possible, but no simpler. |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 29
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:36 am: | |
wild fire ettethaa... |
Proofdada
Bewarse Legend
Username: Proofdada
Post Number: 56771
Registered: 03-2004
Posted From: 205.191.194.164
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:33 am: | |
>>ee saari..annavaram DVD + CD bonus ichesthaaa
appudandharu sullaku mullul antichukostharemoo ... |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 28
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:31 am: | |
thirigi vasthe oorukuntaamenti...
ee saari..annavaram DVD + CD bonus ichesthaaa |
Vizagyouth
Pilla Bewarse
Username: Vizagyouth
Post Number: 714
Registered: 02-2005
Posted From: 167.127.24.25
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:29 am: | |
thirigi vaachi kodithe Murugu gaaru lucky fella...Gang bang chesetharu aa cinemalu gani chusthe
BTDB Ishant Sharma Fans President |
Onlytruth
Celebrity Bewarse
Username: Onlytruth
Post Number: 10129
Registered: 03-2004
Posted From: 74.76.219.62
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:27 am: | |
naa daggara... stalin, andarivaadu, sakar dada 1,2 DVDs unnaayi...
avannee ichethaa...pandaga sesukuntaaru...
>>>>
chusi irritation vachi back ki vachi Ku pagalakotti elthaaru
Lakshallo Okkadu, Lakshala Mandhiki Okkadu..Vaade -> "OKKAMAGAADU" |
Vizagyouth
Pilla Bewarse
Username: Vizagyouth
Post Number: 713
Registered: 02-2005
Posted From: 167.127.24.25
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:26 am: | |
OT akkade vundhi..valuable dorikithe happy gane velthadu...emi dorkapothe Egiri nalugu thanthadi Kitti laga...Doola thiripothadhi...
Leedha okka Indian ni pakkaku thesukelli bending cheichadu anuko...Naa samiranga ..Indians evaru malli office to home thappa inkemi pettukoru..
India lo fake gold pettukunandhuku dongalu mahilala meedha dadi chesina sandarbalu vunnayi..
BTDB Ishant Sharma Fans President |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 27
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:25 am: | |
naa daggara... stalin, andarivaadu, sakar dada 1,2 DVDs unnaayi...
avannee ichethaa...christmas pandaga sesukuntaaru... |
Proofdada
Bewarse Legend
Username: Proofdada
Post Number: 56768
Registered: 03-2004
Posted From: 205.191.194.164
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:23 am: | |
 |
Onlytruth
Celebrity Bewarse
Username: Onlytruth
Post Number: 10128
Registered: 03-2004
Posted From: 74.76.219.62
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:21 am: | |
unemployment perigi nallollu prethi area loo rechutharemo..jagratha omlika brothers..
>>>
mana daggara emundhi boodidha tappa ??
road meedha kodite card icchi ishtam vachina chota geekko ani cheppocchu
Inti paina daadi chesthe , mana desi daggara emuntaayi ? deals lo vethiki vethiki konna LCD tv lu, Walmart saruku...naa M lo...pattukellehe edhi kavalante adhi ani cheppocchu
Lakshallo Okkadu, Lakshala Mandhiki Okkadu..Vaade -> "OKKAMAGAADU" |
Codes
Celebrity Bewarse
Username: Codes
Post Number: 12651
Registered: 05-2006
Posted From: 212.99.225.2
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:20 am: | |
nenu kooda adee surprise ayya , few mnths back edo report chadiva.. chala changes chestunaru , its getting better ani..
aa retirement schemes ipudu offer chesinavi kadhu anukunta.. close to a year nunchi nadustunayi naku telisi..
None is worse than other.. and Everyone is better than the other..  |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 26
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:20 am: | |
randramu big..big..big eee....
Bill gates maaya...yahoo...reject kada...
plz buy GM..plz.plz
make windows...with gaali cars |
Proofdada
Bewarse Legend
Username: Proofdada
Post Number: 56767
Registered: 03-2004
Posted From: 205.191.194.164
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:19 am: | |
unemployment perigi nallollu prethi area loo rechutharemo..jagratha omlika brothers... |
Onlytruth
Celebrity Bewarse
Username: Onlytruth
Post Number: 10127
Registered: 03-2004
Posted From: 74.76.219.62
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:18 am: | |
Cheekatlo chiru deepam
subprime market ki koddhigaa voorata
http://money.cnn.com/2008/02/11/real_estate/mortga ge_help.ap/index.htm
Lakshallo Okkadu, Lakshala Mandhiki Okkadu..Vaade -> "OKKAMAGAADU" |
Onlytruth
Celebrity Bewarse
Username: Onlytruth
Post Number: 10126
Registered: 03-2004
Posted From: 74.76.219.62
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:17 am: | |
edho wrong interpretation jarigindhi starting lo ..anni channels , websites sensationalise chesaayi
NOW they says GM results are good
http://money.cnn.com/2008/02/12/markets/stockswatc h_ny/index.htm
http://money.cnn.com/2008/02/12/news/companies/gm/ index.htm
Lakshallo Okkadu, Lakshala Mandhiki Okkadu..Vaade -> "OKKAMAGAADU" |
Proofdada
Bewarse Legend
Username: Proofdada
Post Number: 56766
Registered: 03-2004
Posted From: 205.191.194.164
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:17 am: | |
drifter gaadu ee news ini...frustration motham malli obama gaadi meedha chooisthadu anukunta.. |
Onlytruth
Celebrity Bewarse
Username: Onlytruth
Post Number: 10125
Registered: 03-2004
Posted From: 74.76.219.62
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:15 am: | |
74,000 employees ki BUYOUT offer anta
http://blog.mlive.com/grpress/2008/02/gm_reports_r ecord_loss_offers.html
anyways , CNN vaadu malli endho improvised result antaadu endhi ? ippati daaka REDD banner heading pettaadu
http://money.cnn.com/2008/02/12/news/companies/gm/ index.htm?cnn=yes
Lakshallo Okkadu, Lakshala Mandhiki Okkadu..Vaade -> "OKKAMAGAADU" |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 25
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:06 am: | |
(GM) reported an operating loss more than 11 times larger than expected and a $39 billion charge that was among the biggest profit hits ever reported.
The nation's No. 1 automaker, which was hit with a soft U.S. auto market and a two-day strike by the United Auto Workers union during the quarter, lost $1.6 billion, or $2.80 a share, excluding special items.
That compares to the forecast of a 25-cent-a-share loss from analysts surveyed by earnings tracker Thomson First Call and earnings per share of $497 million, or 88 cents, on that basis in the year-earlier period.
Among the problems hurting GM results was a $2.3 billion loss in the home loan business at GMAC due to problems from the meltdown in subprime mortgages. GM sold a majority of GMAC but still owns 49 percent of the lender |
Pda
Celebrity Bewarse
Username: Pda
Post Number: 18833
Registered: 06-2006
Posted From: 75.173.35.27
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:06 am: | |
 idedo buss thread.. 39billions ante ettesukovcatame..
http://www.bloomberg.com/apps/news?pid=20601087&si d=aZNqyVuFUQlI&refer=home
GM's deficit for the full year rose to $38.7 billion, including a $39 billion expense in the third quarter related to a tax-accounting change. In 2006, GM lost $1.98 billion, or $3.50.
The third quarter included a $1.6 billion tax gain and $768 million in one-time expenses.
Everything should be made as simple as possible, but no simpler. |
Proofdada
Bewarse Legend
Username: Proofdada
Post Number: 56765
Registered: 03-2004
Posted From: 205.191.194.164
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:04 am: | |
 |
Codes
Celebrity Bewarse
Username: Codes
Post Number: 12649
Registered: 05-2006
Posted From: 212.99.225.2
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 7:02 am: | |
39bn loss aa.. valla turnover enth vuntundi inka ? 
None is worse than other.. and Everyone is better than the other.. |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 24
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 6:56 am: | |
naa gunnu.. id ni oka pisiku pisikithiri...okka rojukee....
edoo.. aa rojullo.. ee murugu id ni musugulo...create chesaa...
ee roju pwd gurthukochi...kummethunnaa..
murugu antee...muragaDoss ki kiss peru...
Stalin the black buster bommaki gurthugaa.. eee ID |
Onlytruth
Celebrity Bewarse
Username: Onlytruth
Post Number: 10124
Registered: 03-2004
Posted From: 74.76.219.62
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 6:53 am: | |
murugu annay , nuvvu olu ?
ee madhya intha manchi user id soodale !
Lakshallo Okkadu, Lakshala Mandhiki Okkadu..Vaade -> "OKKAMAGAADU" |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 23
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 6:51 am: | |
ye...dharthee hamaaraa.bhoomi..eyy eyy ey....eyyy..
itlu...
erra sokka narayana murthy... |
Basky_indya
Mudiripoyina Bewarse
Username: Basky_indya
Post Number: 6351
Registered: 03-2006
Posted From: 65.30.78.134
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 6:48 am: | |
SIPOI Chinnayya:
Naa janma bhoomi entha andamaina DESAMuuu
na illu andulona kammanie pradesamuu....
 GANA THANTHRA DINOTSAVA WISHES 2008 http://www.angelfire.com/on2/ravib/index.html |
Onlytruth
Celebrity Bewarse
Username: Onlytruth
Post Number: 10123
Registered: 03-2004
Posted From: 74.76.219.62
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 6:47 am: | |
ANR SONG Okati undhi
naa janma bhooooooooooooooomi..(echo effect lo: bhooomi...bhoomi...bhoomi)
Naa janma bhoomi entha andamaina pradesamu
naa saami rangaa..hai hai naa saami rangaaa
gurthosthaandhi
Lakshallo Okkadu, Lakshala Mandhiki Okkadu..Vaade -> "OKKAMAGAADU" |
Murugu
Pilla Bewarse
Username: Murugu
Post Number: 22
Registered: 10-2006
Posted From: 69.91.95.161
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 6:45 am: | |
OT ..maayaa..kevvv keka..asala...
eella bathukulu...ika anthe..india ..china ki H1 seyinchokoka thappadu... |
Onlytruth
Celebrity Bewarse
Username: Onlytruth
Post Number: 10122
Registered: 03-2004
Posted From: 74.76.219.62
Rating:N/A
Votes: 0(Vote!) | | Posted on Tuesday, February 12, 2008 - 6:41 am: | |
2007 year ki $39B loss
Highest ever annual loss for any automaker in history of USA
Lakshallo Okkadu, Lakshala Mandhiki Okkadu..Vaade -> "OKKAMAGAADU" |
