General Motors Company
NYSE: GM
$52.73
-$0.20 (-0.4%)
Real Time Data Delayed 15 Min.
GM Articles
“The Big 3” is now likely more than ever about to become a term of the past. Chrysler looks like it may be the first one out, and the question immediately after that is on the future of General...
Published:
Last Updated:
According to Reuters, tech giants reported reasonable earnings for last quarter because of cost cutting and a resilience in a bad economy. Reuters reports that Chrysler is still working on a deal...
Published:
Last Updated:
The Treasury has started to sweeten terms for Chrysler creditors in an attempt to keep the car company out of Chapter 11. According to The Wall Street Journal, “The Treasury now proposes that the...
Published:
Last Updated:
According to Reuters, a bill to restrict credit card charges cleared a key committee in Congress. Reuters reports that Ken Lewis of Bank of America (BAC) says his firm what urged by the Treasury to...
Published:
Last Updated:
Missing a $1 billion debt payment should be bad news. According to The Wall Street Journal, GM’s (GM) CFO said it would not meet its obligation on June 1. In reaction, GM’s stock barely moved and...
Published:
Last Updated:
For all of the restructuring work that GM (GM) has done, all the layoffs, and negotiations with the UAW and creditors, it has never admitted that the domestic car market may not rebound for years....
Published:
Last Updated:
According to Reuters, Yahoo!’s (YHOO) profit dropped 80% and it will cut 5% of staff. Reuters reports that Chrysler bondholders offered to swap some debt for equity. Reuters reports that Geithner...
Published:
Last Updated:
The Administration is losing it grip on the process of restructuring the auto industry. It has let another deadline pass and will supply more money to Chrysler and GM (GM) as they allegedly...
Published:
Last Updated:
According to Reuters, the government will give Chrysler and GM (GM) new aid. Reuters reports that IBM (IBM) revenue fell more than expected. Reuters writes that the Treasury’s plan to get toxic...
Published:
Last Updated:
The Chinese government has become more aggressive about buying foreign assets. Chinese leaders recently said they would begin to make investments in Europe through their sovereign wealth fund. The...
Published:
Last Updated:
According to Reuters, PepsiCo (PEP) is offering $6 billion for a number of its bottlers. Reuters reports that GlaxoSmthKline (GSK) is in talks to buy Stiefel Laboratories. Reuters writes that the US...
Published:
Last Updated:
VW may have passed Toyota (TM) as the world’s No.1 car company just as Toyota passed GM (GM) a year ago. The companies all operate in an industry where being on the top of the pile does not matter...
Published:
Last Updated:
The engagement has become hand-to-hand as the fight to see who will make it out of the rubble of the GM (GM) restructuring comes to a close. The most recent development is that the car company’s...
Published:
Last Updated:
According to Reuters, banks may be hard hit by the bankruptcy of General Growth (GGP) and future commercial real estate defaults. Reuters reports that VW may overtake Toyota (TM) as the No.1 car...
Published:
Last Updated:
According to Reuters, Obama vowed to overhaul the tax code. Reuters reports that GM (GM) is working on a plan to cut dealers at an accelerated pace. Reuters writes that China’s first quarter growth...
Published:
Last Updated: