General Motors Company
NYSE: GM
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GM Articles
According to Reuters, the Obama financial reforms face a bumpy road. Reuters reports that the NY State Attorney General has subpoenaed AIG (AIG) over its CDS contracts. Reuters reports that Obama’s...
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The Administration’s blue ribbon panel assigned the task of deciding what should happen to GM (GM) and Chrysler has, as would be expected, said that it wants to keep the two companies out of...
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According to The Wall Street Journal, the Administration’s auto task force will recommend that the government give GM (GM) and Chrysler billions of dollars in more bailout capital rather than have...
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Based on the rise in the short interest in banks at mid-month, it is clear how badly investors betting bank stocks would go down were mauled. As of March 15, shares short in AIG (AIG) were up 17% to...
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Ford (F) is in the best financial health of The Big Three. Its position could improve more, at least temporarily, if its deals to cut debt and reset its contract with the UAW work well. But, the No.2...
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The team that plans to bring the economy out of the recession is a bit like a traveling circus. Once every few days, it stops on Wall St., the metaphor for all of the troubled banks, brokerages,...
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According to Reuters, the US will woo private capital to get buyers for bank toxic assets. Reuters reports that US shoppers are likely to remain frugal. Reuters reports that US car dealers are...
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These are the top upgrades and downgrades from Wall Street analysts this Friday morning: Expedia (EXPE) Raised to Buy at Citigroup. Ford (F) Started as Buy at UBS. Johnson & Johnson (JNJ) Raised...
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The wooden but plucky CEO of GM (GM), Rick Wagoner, told the press that if his company is allowed to go into Chapter 11, it will end up being a simple liquidation. GM will be torn into pieces and...
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According to Reuters, AIG (AIG) will have to pay taxpayers back for bonuses it paid out before it can get its next $30 billion in loans. Reuters reports that Coke (KO) is being blocked by the Chinese...
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For over a year, analysts have said that one of the largest problems car companies face is dealers who go bankrupt. It is actually a double-edged sword. If under-performing franchises fold, it can...
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The Administration appears to be ready to give GM (GM) and Chrysler more money. According to The Detroit Free Press, the car companies are about to get further aid in the form of more government...
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According to Reuters, Obama faces backlash due to AIG (AIG) compensation issues which could set bank his efforts to salvage the financial system. Reuters reports that Lehman will put two of its...
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According to Reuters, a price battle among goods makers is beginning. Reuters reports that payments to AIG (AIG) employees is causing rage among people already concerned about the bailout. Reuters...
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America’s car companies are still operating on the premise that the new car market will recover in a year or two. It may not rebound from its current annual run-rate of 10 million light vehicles to...
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