G.M. Reports Unexpected Increase in Feb. Sales
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Meanwhile, Detroitâs other automakers experienced significant declines.
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HMS Holdings has seen an increase in revenues and net income.
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Automakers got off to a rough start in 2008, but General Motors served up a surprise on Friday with higher sales in January on strong demand for its new car models.
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General Motors Corp. GM.N on Friday  said its U.S. sales soared 20.5 percent in September as  month-end incentives from the world's largest automaker lured  consumers back to dealerships after three months of weaker  results.
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General Mills Inc.  on Tuesday reported a 19 percent rise in quarterly earnings as price increases and stronger sales of Pillsbury products helped offset higher ingredient and energy costs.
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The food maker General Mills reported on Wednesday that its first-quarter profit rose 8 percent as rising revenue offset higher ingredient costs and increased spending on marketing.
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Shoppers were out last month, propelling sales at the nation&#39;s retailers by a strong 1.5%, best showing since March. The sizable gain reported by the Commerce Department on Friday came
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General Motors reports a 4% rise in US car sales in August, its first rise in seven months, thanks to heavy discounts attracting customers.
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General Mills Inc , on Wednesday posted a 1 percent increase in quarterly profit, as higher sales were partially offset by more expensive marketing and a pizza recall.
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The increase resulted from a sharp rise in sales in its business software unit, the company said.
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Sales of food and retail items unexpectedly climbed 0.3% last month after falling 0.4% in December, a report said.
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Teen clothing retailer American Eagle Outfitters Inc.  said on Wednesday sales rose in February, helped by the popularity of its early spring fashions.
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Shares of General Motors Corp.  rose to a four-month high on Monday after Goldman Sachs raised its ratings on the No.1 U.S. automaker, citing the potential for sizable wage and benefit cuts during talks with the United Auto Workers for a new labor contract.
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U.S. retail sales jumped a more-than-expected 1.2 percent in December, but first-time jobless claims posted a surprise climb and import prices dipped more than anticipated, government reports showed on Thursday.
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General Motors Corp. (GM.N: Quote, Profile, Research) on Friday said its US sales soared 20.5 percent in September as month-end incentives from the world&#39;s largest
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New orders for long-lasting U.S.-made manufactured goods rose by a much bigger-than-expected 5.2 percent  and a key gauge of business spending also surged, the government reported.
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Gross mortgage lending rose in January despite unsettled market conditions, industry figures show.