CORRECTED-New U.S. accounting rule seen pinching GM earnings

Newswire

In NEW YORK story dated July 8 and headlined "New U.S. accounting rule seen pinching GM earnings" please read in second paragraph ... "Under recommendations being proposed by the Financial Accounting Standards Board, these stock-bond hybrids would be included to calculate earnings per share of a company" ... instead of ... "Under recommendations being proposed by the Financial Accounting Standards Board, these convertible bonds, stock-bond hybrids that can be converted into company stock at ...

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