General Motors Company
NYSE: GM
$52.92
-$0.81 (-1.5%)
Closing Price on October 23, 2024
GM Articles
The UAW took what it could get in its negotiations with GM (GM), and that was not much. The union will end up owning 17.5% of GM’s shares to fund retirement and pension obligations to it members....
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Reuters: Bears control the dollar because of concerns about the deficit and heal of the US economy. Reuters: Crunch time looms for the GM (GM) and Chrysler restructurings. Reuters: The US...
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The Administration is starting to face some resistance in Congress to its plan to put GM (GM) into Chapter 11 using Treasury money to sustain the company as it works it way to profitability. The...
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Now that GM (GM) has a reasonable deal in place with the UAW, the federal government is preparing the car company for a Chapter 11 filing which may come ahead of the June 1 deadline that it had set...
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Reuters: Chrysler is already seeing positive effects from bankruptcy. Reuters: The US is working with GM (GM) on a Chapter 11 filing as the June1 deadline looms. Reuters: Pimco’s Gross...
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The federal government will end up owning bits and pieces of businesses including banks, car companies and insurance firms as it puts money into industries weakened by the recession. The Achilles...
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Reuters: The Treasury is keeping banks guessing about when they can repay TARP funds. Reuters: Bank of America (BAC) has raised more than $13 billion in share sales. Reuters: ...
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Chrysler and GM will force 2,000 car dealerships to close. This event has elicited a great many opinions from industry experts. The consensus is that the most damage to the car companies will...
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Reuters: Twitter will release business tools in an attempt to make money. Reuters: A GM (GM) bankruptcy is seen as nearly inevitable. Reuters: American Express (AXP) will cut 4,000 jobs....
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Reuters: Small businesses are having trouble finding financing. Reuters: VW has stopped tie-up talks with Porsche. Reuters: The US budget chief says there are signs the economic free fall...
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GM (GM) is about to notify about 20% of its dealer network that it will not renew its contracts with them when they expire next year. By most estimates well over 1,000 GM dealers will be cut off. The...
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GM (GM) is getting close to a deal with the UAW which will allow the auto company to lower its annual expenses by $1 billion. It will also lead to the layoffs of another 20,000 GM workers. Every time...
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Reuters SEC employees are under investigation for insider trading Reuters Treasury has approved several insurance companies for receiving TARP funds Reuters GM (GM) is close to a deal...
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Reuters Obama hopes to have healthcare bill by July Reuters Documents on Paulson’s meetings with banks forcing them to take TARP have been released Reuters Banks sued MBIA (MBI) over...
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It was just yesterday that shares of General Motors Corporation (NYSE: GM) went to the lowest price since 1933. Shares were around $1.15 on that alert. It has become even worse. Shares hit the...
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