GM Stock Rises on Earnings Beat, Guidance Boost

Key TakeawaysGeneral Motors exceeded first-quarter profit and revenue estimates as its net income from North American operations jumped.CEO Mary Barra noted the North American unit's pricing has been steady and sales incentives were much lower than the industry average.The biggest U.S. automaker also raised its full-year earnings guidance. General Motors (GM) shares surged in intraday trading Tuesday after the biggest U.S. automaker posted better-than-expected quarterly results and raised its guidance on po ...