General Motors Company

NYSE: GM
$52.92
-$0.81 (-1.5%)
Closing Price on October 23, 2024

GM Articles

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...
Reuters : Intel (INTC) said its results are running better than expected. Reuters :  The government is looking at a pay overhaul in the financial sector. Reuters: Economic woes are hurting the...
Forget about 52-week lows.  General Motors Corp. (NYSE: GM) is trading at what looks to be the lowest levels since April or May of 1933.  There has not been fresh news from the company, but there...
According to Reuters, Bernanke says he was encouraged by the stress tests. Reuters reports that GM (GM) will probably exit the Dow. Reuters writes that Bank of America (BAC) will probably sell its...
In the right hands, big turnarounds do happen. By Mark Gimein of The Big Money Once upon a time, there was a car company that was one of the world’s sickest. Its managers spent their time fighting...
As the government tries to dig the economy out of recession, the Administration is beginning to see that some of its stimulus packages are beginning to compete with one another. Congress and the...
According to Reuters, Obama says his healthcare programs will save billions. Reuters reports that AIG (AIG) expects a long restructuring process. Reuters writes that Soros says the economic downturn...
According to Reuters, stress tests results will force ten banks to have to raise nearly $75 billion. Reuters reports that Toyota (TM) lost $6.9 billion and warned of more losses ahead. Reuters writes...
GM (GM) lost money in the last quarter, a total of $6 billion. That it only lost that much is a testament to its successful cost control work. The company’s revenue dropped a breathtaking 47% to...
According to Reuters, GM (GM) is expected to post huge losses ahead of decisions about whether it will go into Chapter 11. Reuters reports that Obama is seeking budget savings due to a widening...
It appears that the creditors at Chrysler and GM (GM) may be running out of luck and time to get what they think is a reasonable payments for their investments. A federal bankruptcy judge has...
According to Reuters, Bank of America (BAC) will have to raise billions of dollars. Reuters reports that a judge has approved a quick auction of Chrysler assets over the objections of creditors....
GM’s (GM) most valuable asset may be its operation in China. Sales at the division rose 50% in April to 151,084.  The No. 1 US car company sold 173,007 light vehicles in the US last month. China...
According to Reuters, changes at Yahoo! (YHOO) are getting mixed reviews from employees. Reuters reports that ten banks could could have to raise new money after stress tests. Reuters reports that...
When GM (GM) was by far the largest car company in the world at the beginning of the decade it had vast operations in the US, Europe, Asia, and Latin America. The bulk of its sales, and profits,...