Good News, Quarterly Earnings | featured news

General Motors says it made $2 billion in the third quarter, a strong showing that helps the company's pitch to investors who may buy stock in an initial public offering.

Ford Motor Co. is on a roll. Its popular new cars and trucks are grabbing a bigger share of the U.S. market. It's about to erase a big portion of its health care debts. And Ford is adding a significant number of jobs for the first time in years.

Target meets analyst expectations with its fiscal second quarter earnings.

Ford Motor Co F.N posted a stronger-than-expected quarterly profit of $2.6 billion and said it was on track for higher earnings and lower debt in 2011, sending its shares up 3 percent in premarket trade.

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The number of banks with risky levels of bad loans rose slightly in the latest quarter, even as bank profits rose sharply. Check your bank or credit union in the BankTracker.

General Electric Co called the end to its two-year slump on Friday, reporting earnings that beat Wall Street forecasts and saying profit should rise through the rest of 2010.

The bank, which is often considered a bellwether, said that it had clawed back to profitability in the first quarter, after two consecutive periods of losses.