General Motors Company
NYSE: GM
$45.98
+$0.30 (+0.7%)
Closing Price on October 7, 2024
GM Articles
GM (GM) revised its outlook for US car sales in 2008 down to 15 million. But, results moved the shares up 5%. GM revenue dropped less than 1% to $42.7 billion. Auto earnings before 2007 adjustments...
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According to Reuters, the Fed will probably cut rates and them pause for some time Reuters writes that senior financiers see the current economic situation as a recession on Main Street and ...
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Ford’s stock has gone through a series of spasms the last few days. First the company said it has made $100 million. Almost no one expected that and the stock rose sharply. The next day an auto...
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According to Reuters, Cadbury is looking at buying Hershey. Reuters writes that banks being sued by Clear Channel (CCU) have asked for a delay of a Texas trial. Reuters reports that share of Visa (V)...
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The shell game of controlling gas and diesel prices in China is not terribly clever, but it has worked. The government and the oil & refinery companies which it controls buy crude and sell the...
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The tendency among buyers of auto stocks is to look at falling expenses at the big firms like GM (GM) and Ford (F) and to hope that unit sales in the US won’t keep dropping, dragging down revenue....
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Acording to Reuters profits at Apple (AAPL) rose but Wall St. did not like margins. Reuters reports that Starbucks (SBUX) cut its outlook due to the housing crisis. Reuters writes that Amazon’s...
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The mid-month reports on short interest in NYSE shares showed that many short sellers moved out of big financial stocks but made large bets against airlines and auto companies. With the prices in...
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These are not all of the analyst calls affecting shares, but these are the initial calls we are focusing on early this Friday morning: Alliance Data Systems (NYSE: ADS) Raised to Buy From Neutral at...
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GM (NYSE: GM) and Toyota (NYSE: TM) are, between the two of them, recalling 662,000 cars in the US, a market where only 15 million vehicles will be sold this year. Most of the problems are with power...
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According to Reuters, Yahoo! (YHOO) is seeking a merger with Time Warner’s (TWX) AOL which Microsoft (MSFT) and News Corp (NWS) at a joint bid for the No.2 search company. Reuters writes that AMR...
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The Big Three reason that if they cannot sell enough cars in the US, they can make them here and send them overseas. There new agreement with the UAW and a weak dollar make the projects feasible....
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When Appaloosa Management pulled out a $2.55 billion equity deal to support Delphi in its exit from Chapter 11 the reason given was that an increasing investment by GM (GM) would give the car company...
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With sales off nearly 20% in March, GM (NYSE: GM) does not need any more headaches. But, it got one today. The company’s former parts operation, Delphi, is in the process of coming out of Chapter...
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According to Reuters, The Treasury said that regulators saved Bear Stearns (BSC) to help the markets. Reuters writes that Sony (SNE) will cut costs and boost order to fight the strong yen. Reuters...
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