Earnings Roundup: General Motors, Cablevision

Among the earnings stories for Thursday, May 7, from AP Financial News:

DETROIT (AP) — General Motors Corp. lost $6 billion in the first quarter and its revenue fell by nearly half as car buyers worldwide steered clear of showrooms out of fear that the wounded auto giant may go bankrupt and stop honoring its warranties.

Cablevision Systems Corp. reported a profit for the first quarter Thursday as revenue climbed 11 percent, due to subscriber growth and the addition of the recently acquired Long Island-based newspaper Newsday and the Sundance channel.

HOUSTON (AP) — Oil and gas services company Cameron International Corp. on Thursday said its first-quarter profit slid 7 percent, driven by severance costs and lower sales.

NEW YORK (AP) — Value meals at Wendy's and a new line of roast beef sandwiches at Arby's helped bring in customers, but Wendy's/Arby's Group Inc. still posted a loss in its first quarter on Thursday.

NEW YORK (AP) — Canadian coffee-and-doughnut chain Tim Hortons Inc. said Thursday that its profit rose 7 percent in the first quarter partly on increased prices and new product offerings.