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General Motors (GM) Is Weakening In Early Trade

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1/16/2013 10:04 AM ET

General Motors (GM: Quote) announced after the close Tuesday that it expects its global profitability to rise modestly in 2013 on an earnings before interest and tax adjusted basis, with improvements anticipated from each region.

General Motors gapped open lower Wednesday and is now down 1.16 at $29.44. The stock is pulling back from the highs of the year and has set a one-week low.

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by RTT Staff Writer

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