DETROIT (Reuters) - General Motors Co (GM.N) on Thursday posted a higher-than-expected profit for the third quarter on strong demand in its home North American market and in China.
The Eurozone got a modest lift Thursday as new surveys showed the economy picking up speed in October, thanks mainly to a rebound in Germany.
Spain's unemployment rate fell to the lowest since the end of 2011 in the third quarter as its economy turned into one of the fastest-growing in the euro region.
On a per-share basis, the Atlanta-based company said it had net income of 37 cents. The results beat Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 36 cents per share.
Consumer goods giant Unilever failed to impress the City as currency swings continued to hit the consumer goods giant after reporting weak third quarter results.