GM Posts Record Profit Amid Rescue Reforms and Global Demand
General Motors posted a 2011 profit of 7.6 billion, aided by cost cuts and strong North American and Asian sales, reclaiming the title of world's biggest automaker from Toyota. International Operations earned 1.9 billion before taxes, while 47,500 workers receive 7,000 profit-sharing checks.
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Greek plan cannot cut Greece debt to target level
A European diplomat said plans to aid Greece still leave debt near 129 percent of GDP, well above the 120 percent target and beyond the reach of new bailout funds. The figures come from a Greece debt report by the EC IMF and ECB, amid debate over further eurozone rescue measures and ECB bond holdings.
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Mars restricts calories on chocolate bars by end of next year
Mars Inc plans to stop producing chocolate bars over 250 calories by year end next year. Snickers currently 280 calories and both Twix and peanut M M s packs reach 250. Mars argues health commitment while noting ongoing product changes and sodium reductions targeted by 2015. Based in McLean Virginia, Mars owns Uncle Ben s Seeds of Change and Whiskas.
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Market In Review From Week’s Trading
A brief market review highlights weekly stock movements with notable gains in technology and energy shares. Traders remained hopeful on inflation data while volatility kept some sectors under pressure amid macro uncertainty.
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Readable OCR fragment notes funds available for a mutal fund sale. The text mentions numerous shares and possible damper details but lacks clear names, dates, or locations to anchor a full event.
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Uas
Dainers A
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