Auto maker General Motors made a huge profit in 2011. February  17, 2012- General Motors released its earnings report for 2011 and ended the year with a profit of $7.6 billion. After the annual report was released, GM’s stock closed at $27.17. That price is the highest close for the automaker’s stock since the beginning of August last year. Analysts were pleased by the profit from the company’s North America unit even though losses were announced in both South America and Europe.  Since the... 

Despite Walt Disney's increase in profit, the stock went down in trading. February 8, 2012- Walt Disney Co., the largest entertainment company in the U.S. in market value announced that its profits had increased by 12% due to growth in ESPN and other U.S. entertainment resorts. Net income for the company increased to $1.45 billion representing $0.80 per share from the $1.3 billion and $0.68 per share recorded in the same quarter a year ago. Profits were more than analysts’ estimates that were...