General Motors Company
NYSE: GM
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GM Articles
General Motors (NYSE: GM) warned that losses in Europe will be greater than expected in the second half, according to the Wall Street Journal. The news was easy to forecast. None of the large car...
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Yahoo! (NASDAQ: YHOO) appoints Google’s (NASDAQ: GOOG) Marissa Mayer as CEO. (Reuters) A Senate report says that HSBC (NYSE: HBC) handled Iran and drug cartel funds. (Reuters) Many investors do...
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GlaxoSmithKline (NYSE: GSK) will take over Human Genome Sciences (NASDAQ: HGSI) for $2.8 billion. (Reuters) A poll from the National Association for Business Economics shows few companies plan to...
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Ford Motor Co. (NYSE: F) announced today that sales in its 19 traditional western European markets fell by -16.1% in June and by -10.3% for the first half of 2012. The drop in June sales was...
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Moody’s cuts Italy’s rating by two notches and indicates the cuts may not be finished. (Reuters) Treasury Secretary Geithner pressed UK regulators on Libor in 2008. (Reuters) A hack of Yahoo!’s...
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Ford (NYSE: F) recently said its losses in Europe last quarter will be three times expectations. The recession that has spread across Europe is that bad. General Motors (NYSE: GM) will post more...
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U.S. car companies cannot rely on Europe for profits. As a matter of fact, poor demand has caused losses in the region for General Motors (NYSE: GM) and Ford (NYSE: F). In a perverse way, Chrysler is...
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Italy may turn to the eurozone as it weighs options for its debt. (Reuters) AMR, still in Chapter 11, will consider mergers with other airlines, which could include US Airways (NYSE: LCC), JetBlue...
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The US Trade Representative has taken its case challenging China’s imposition of an anti-dumping duty on US-made automobiles to the World Trade Organization (WTO). At stake is more than $3 billion...
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Updated throughout the day on the 24/7 Wall St. Wire GM (NYSE: GM) has begun negotiations with Facebook over being to advertise on the social network again (Reuters) Apple (NASDAQ: AAPL) will launch...
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Auto retailer AutoNation Inc. (NYSE: AN) reported this morning that June sales rose 38% compared with June 2011, to 22,862 units. The company sells vehicles made by Ford Motor Co. (NYSE: F), General...
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Aside from the partial buyout of Chrysler by Fiat, the current auto market should dissuade big manufacturers from moving further into the business. That did not stop Volkswagen from taking over of...
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Following on the heels of strong results from Ford (NYSE: F) and Chrysler, GM (NYSE: GM) posted impressive sales for June, up 16% over the same month last year to 248,750. GM said the month was its...
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Cars sales may best represent the recovery of the consumer economy. People who can spend $20,000, $30,000 or even $40,000 must have confidence in their prospects. Otherwise, why take on such a large...
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Bob Diamond, CEO of Barclays (NYSE: BCS), quits. (Reuters) Microsoft (NASDAQ: MSFT) takes a $6.2 billion write-off, primarily due to its buyout of aQuantive. (Reuters) The U.S. probe begins on...
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