Earnings at General Motors Corp. were up in 2004 but down in the fourth-quarter vs. like-2003 figures. Including special items, GM earned $3.7 billion in 2004, or $6.51 per share, down from $3.8 billion ($7.14 per share). Excluding the special items, GM earned $3.6 billion, or $6.40 per share, in 2004, up from $3.2 billion ($5.62 per share) in 2003 and thumping Wall Street estimates by about 10 cents per share. Adjusted revenue rose 4.5% to a record $193 billion. GM CFO John Devine ...
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