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GE (GE) General malaise and concern that conglomerate structure does not work. Falls to $30.35 from 52-week high of $42.15.…
According to Reuters, Microsoft’s (MSFT) Steve Ballmber said his company will not bid for Yahoo! (YHOO). Reuters writes that HP’s…
It did not take a story in The Wall Street Journal to let Wall St. know that it would be…
GM (GM) said yesterday that it might want to raise some capital. Today, Lehman indicated that the car company may…
According to Reuters, lenders and Clear Channel (CCU) have reached an agreement for an LBO of the company. Reuters writes…
GM (GM) says it has plenty of money on hand for tough times. So do Ford (F) and Chrysler. Based…
Ford (F), GM (GM), and Chrysler have continued to maintain the hope that car sales will turn in the second…
According to Reuters, AIG (AIG) lost $7.8 billion in the last quarter and will have to raise money. Reuters reports…
According to Reuters, UBS (UBS) will cut 5,500 jobs. The company is also selling $15 billion in subprime mortgage paper…
Owning one of those new cars that runs on ethanol or electricity may be more expensive than the old-school gas…
April sales at GM (GM) fell 16.2% to 257,638. Adjusted for two extra selling days sales dropped 22.7% led by…
Detroit is now viewed as a metaphor for the car industry in the US, even if GM (GM) and Ford…
According to Reuters, bank analysts are concerned that Citigroup’s (C) decision to raise money signals more trouble ahead for banks.…
GM (GM) revised its outlook for US car sales in 2008 down to 15 million. But, results moved the shares…
According to Reuters, the Fed will probably cut rates and them pause for some time Reuters writes that senior financiers…
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