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Earnings Roundup: Molson Coors, GMAC Financial
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Among the earnings stories for Tuesday, May 5, from AP Financial News:
DENVER (AP) — Molson Coors Brewing and SABMiller said the first-quarter profit for their U.S. joint venture MillerCoors rose 51 percent as sales of Coors Light, Miller Lite and other brands were helped by higher prices and fewer promotions.
NEW YORK (AP) — GMAC Financial Services said its loss widened in the first quarter as the weak credit markets continued to weigh on its automotive financing and mortgage businesses. ...
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