GM Earnings
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Updated: 9:02 PM Nov 16, 2009
GM Earnings
GM reports $1.2Billion 3 Quarter loss, says it shows progress
Posted: 7:31 AM Nov 16, 2009
Reporter: AP
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General Motors Co. says it lost $1.2 billion from the time it left bankruptcy protection through Sept. 30, far better than previous quarters and a sign that the auto giant is starting to turn around.

The company also says it will begin repaying $6.7 billion in U.S. government loans with a $1.2 billion payment in December. It could pay off the full amount by 2011, four years ahead of schedule.

Chief Financial Officer Ray Young cautioned that the second- and third-quarter figures don't comply with U.S. accounting standards and shouldn't be compared with previous earnings.

GM says it is re-valuing its assets and liabilities and should comply with accounting standards next year.
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Ad Experts Question Domino's New Tactic
Ad Experts Question Domino's New Tactic
  • Posted By: bob: we tried one, ehh, more cheese would be nice, boring crust,to much sauce.
  • Posted By: : I tried one of the new pizzas. It still tastes like cardboard but with a little flavor. Best pizza in town is DeLuca's. I was not impressed with Domino's.
  • Posted By: Gary: They can do what they want with domino's pizza and anyone elses. The best all time pizza that this person ever had was a good ole DeMarcos double cheese double ham no other except Deluccas will ever come close.
  • Posted By: Kelly: It is a very good advertising campaign. I've always thought Domino's was absolutely the worst pizza around, and I've tried it several times in the last 25 years. Now, because of this campaign, I will make it a point to try it again once they've changed it!
  • Posted By: Sans: While most of us know Domino's pizza wasn't very good, most of us have eaten it. But are they also giving out free pizza to show us how much better the new pizza is? Did the prices go up. I also agree that there are very few pizza places in this area that makes a good pizza. But I would drive to Chicago in a heart beat for a Chicago Deep Dish pizza. I never seen anyone eat more than 1 slice at a time, and it is by far the best pizza in the world. The darn thing's are about 3 inches thick and melt in your mouth. No one around here makes a deep dish pizza that isn't dripping in grease, and tastes nasty.
  • Posted By: bob: could be just another way to make a quick dollar. michingan does not know how to make pizza there are only a handfull of good pizza places, most are new york style crusts. my favorites would be mr.scribs and fricanos,also a small place in the u.p. called riverside family restuarant in iron river. i used to drive 6 hours for there pizza.. true story.. michigan seems to know nothing about crust and sauce and cheese
  • Posted By: LegallyRad: Bring back the Noyd!
  • Posted By: : Best Pizza comes from DeLuca's It not a big box place it's a local eatery. None of these other pizza's can even come close.
  • Posted By: MIme: Honesty in advertising - now there's a concept! Good, bad or indifferent, the Domino's campaign is still better then Taco Bell's new adds selling their products as a new diet plan!!!
  • Posted By: : Why is every news article someone have to talk about government. Put that comment in the articles that deal with government. Not a food one!
  • Posted By: Felix: I have always thought of Dominos pizza as the lower end of the PIZZA (but cheap pizza)the kind you would buy in BULK for a big party with kids=certainly not a LEXUS or CADILLAC kind of PIZZA (that would go to PIZZA HUT or PAPA JOHNS)..
  • Posted By: : Here we have a news article talking about a product and ad campaign. Someone is not very smart if they are questioning the effectiveness of the new campaign.
  • Posted By: Better Pizza: I know exactly the technique that Domino's is using because I know several major corporations that have used this process. I was not a fan of Domino's pizza's but I would be willing to test taste their new product. We can only hope our politicians would do the same publicly an admit they spent trillions of our taxpayer money on a cardboard projects. Like Domino's the government is going to have a makeover in 2010 elections. Hope the citizens of America are ready to start from scratch with OUR DOUGH. Maybe the CEO of Domino's can help us break through the tough crust of our government and help us find public servants that are more pallitable.
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