UPDATE 1-GM delays Q4 report, to restate past results

Newswire

(Adds details) DETROIT, Jan 25 (Reuters) - General Motors Corp. said it would delay its fourth-quarter financial report and restate past results due to tax accounting issues. The world's largest automaker said it expected to be profitable in the fourth quarter of 2006, with net income expected to "improve significantly" over year-earlier levels. GM had been scheduled to report fourth-quarter and full-year results on Tuesday. It announced its restatement after the close of regular trade ...

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