Hughes Electronics


was down 4.3% in early afternoon after it reported a 47% drop in cash flow, in line with guidance the satellite services provider announced last week. The

General Motors

(GM) - Get Report

unit said its

loss widened to $88.5 million, including accounting adjustments, from $29.6 million a year ago. Speculation has been rampant that Hughes would sell its


unit, but the company made no statement about it in earnings release.