GM stock trading halted as earnings announcement delayed

General Motors Corp., reportedly on the verge of releasing enormous third-quarter losses and more cost-cutting measures, delayed this morning's scheduled announcement.

Bloomberg News is reporting that the sale of its stock also was halted shortly after 11 a.m. as the company prepares to disclose results.

Stock last traded at at $4.83 per share this morning after closing on Thursday at $4.80 per share.

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