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Without GM, Southeast Michigan Companies Post Profit

Brent Snavely of Crain's Detroit Business reports that as long as you exclude the monstrous losses of General Motors, Southeast Michigan's publicly traded companies collectively made a profit during the fourth quarter of 2005. Total fourth-quarter net income for 46 publicly traded companies based in Southeast Michigan was $3.67 billion, up from $1.12 billion for the same period in 2004.

Read Minus GM, earnings up for local firms from Crain's Detroit Business

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