General Motors Company
NYSE: GM
$45.68
+$0.70 (+1.6%)
Closing Price on October 4, 2024
GM Articles
According to Reuters, AIG (AIG) will receive as much as $30 billion from the government in a deal which pieces of some of the insurance company will be owned by the Fed. Reuters reports that HSBC...
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According to Reuters, Obama is prepared to put up to $750 billion into banks. Reuters reports that the government and Citigroup (C) has worked out an equity conversion deal that will give the...
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GM (GM) posted a loss of $9.65 a share for Q4 2008 compared to analyst forecasts of a $7.40 loss. Under most circumstances, that would be terribly bad news. For the full year, revenue fell from...
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Short sellers think financial stocks believe that financial stocks still have further to fall. Based on data as of February 15, short sellers kept a big bet on Citigroup (C). Share short in AIG (AIG)...
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According to Reuters, Obama is pushing for a new health-care plan which will take ten years to fully take effect. Reuters says Obama is pushing for quick Wall St. reform. Reuters reports that...
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The federal government has seen fit, perhaps appropriately, to cap the pay packages of bankers and will probably do the same with auto company executives. What has not been limited so far are the...
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According to Reuters, Obama set out his goals in an address before Congress. Reuters reports that UAW leaders are urging members to vote for the new Ford (F) contract. Reuters reports that The San...
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Ford (F) has come to an agreement with the UAW which will cut the car company’s costs enough so that it can afford to pass on taking any money from the federal government to operate until it can...
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According to Reuters, the US government may take a 40% interest in Citigroup (C). Reuters reports that the Treasury is considering funding options for Chrysler and GM (GM). Reuters reports that a...
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Citigroup (C) Worries about bank nationalization take shares to $1.61 from 52-week high of $27.35. Bank of American (BAC) Ditto. Down to $2.53 from 52-week high of $43.50. Wells Fargo (WFC) More of...
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Will GM (GM) and Chrysler file for protection from creditors, their unions, and supplier costs? Now there is a recent precedent to do so, maybe they are more likely to. Saab went belly up. Find a...
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Does the economy get worse from here or do the government programs recently signed into law increase confidence and start to put capital to work to create jobs and build businesses? In a downturn the...
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According to Reuters, Allan Stanford was found in Virginia. Reuters reports that the stimulus is unlikely to fix state problems. Reuters writes that US consumer prices probably moved up in January....
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Toyota (TM) wants GM (GM) to go out of business. Then the Japanese car company could take the No.1 market share position in America, perhaps over 25%, and make a fortune when the consumer gets back...
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According to Reuters, the biggest problem GM (GM) may face is a mountain of debt. Reuters reports that investors in Stanford funds are pushing hard to get their money out. Reuters reports that Obama...
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