News, analysis and personal reflections on the markets & the financial sector

Thursday, December 31, 2009

This Day in Wall Street History 1955: GM earnings exceed $1 billion

Executives at General Motors had reason to celebrate, as the company announced on this day that it had hauled in $1,189,477,082 during the past year, making the auto giant the first U.S. corporation to push its earnings past the billion-dollar mark.

Source: History.com

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