-
GM to Soar in 2012 on China Success?
Friday, December 30, 2011 - 4:02pm | 985Read More...GM vehicles are expected to fly out of Chinese showrooms in 2012. In America, General Motors (NYSE: GM) vehicles are already flying…right off the road! The Associated Press reports (via Jalopnik) that GM is recalling 4,296 Chevy Sonics because of the “possibility” that some are missing an inner or...
-
Will the 2014 Corvette Redesign Help or Hurt GM's Bottom Line?
Tuesday, November 15, 2011 - 10:58am | 1120Read More...“These aren't photos, but this is absolutely the next-generation Chevy Corvette in ZR1 trim. GM so doesn't want you to see these.” That's the word from Jalopnik, which has three exclusive renderings of the 2014 model. While there have been numerous reports of spy shots showing a real Corvette (...
-
Citi Provides Color on Automotive Industry
Monday, June 27, 2011 - 8:28am | 133Read More...Citi provided color on the automotive industry. In a research report published today, Citi stressed improvements in the troubled giants – Ford (NYSE: F) and GM (NYSE: GM). In the report, Citi states, “Our checks suggest that recent industry pricing and market share gains have held up nicely with...
-
GM Wants to Provide Loans to a Quarter of its Dealers, J.P. Morgan Reports
Tuesday, June 14, 2011 - 7:26am | 82Read More...In a report on the auto industry, J.P. Morgan reports that the Detroit News has reported that GM's (NYSE: GM) CEO wants the automaker's financial arm “to provide loans to a quarter of its dealers, and to step in if dealer credit dries up.” “The CEO envisions the company's loan portfolio at roughly...
-
Three "Supernatural" Stocks While Waiting for Season 7
Saturday, May 21, 2011 - 11:48am | 783Read More...Love it or hate it, the season finale of the CW's Supernatural, with its showdown between the Winchester brothers and the angel Castiel, has brought season 6 to a close. Already the speculation about Supernatural season 7 is rampant: What does being a god mean for Castiel? Can Dean forgive him for...
-
Benzinga's Jason Raznick Drops By Fox Business
Monday, April 11, 2011 - 3:08pm | 196Read More...In February, Benzinga's very own Jason Raznick, the President and co-founder of the site, dropped by CNBC to discuss the company, social media, and SEC regulation. Now Raznick has visited Fox Business to examine the point at which inflation will curtail consumer spending. Watch the latest video...
-
Auto Stocks With A Flat Tire Today (F, TM, HMC)
Friday, November 12, 2010 - 2:47pm | 147Read More...The auto stocks, along with the broader markets are off their highs today, as momentum money was coming into the space, ahead of the General Motors IPO. Ford Motor Company (NYSE: F) is off 41 cents to $16.21, a loss of 2.4%. Toyota Motor Corporation (NYSE: TM) is still up 31 cents to $75.56, but...
-
GM IPO Leaves Small Investors Behind
Friday, November 12, 2010 - 2:12pm | 350Read More...(TheStreet) -- The little guy appears to be losing out on the General Motors initial public offering. Trading shops like E*Trade (NASDAQ: ETFC), TD Ameritrade (NYSE: TD) and Charles Schwab (NYSE: SCHW) aren't getting access to the GM public offering, expected to occur next week. Despite 35...
-
General Motors Company Commences $13B Public Offering
Wednesday, November 3, 2010 - 3:39pm | 74Read More...General Motors Company (GM) today announced it has commenced a public offering. The offering will consist of 365 million shares of common stock to be sold by certain of its stockholders. The company will also issue 60 million shares of its Series B mandatory convertible junior preferred stock with...
-
GM files to offer 365M shares in IPO, Sees Pricing of $26-$29 share
Wednesday, November 3, 2010 - 3:37pm | 15Read More...GM files to offer 365M shares in IPO. The company sees pricing of $26-$29 share.
-
GM Provides Preliminary Third Quarter Results; Revenue $34B
Wednesday, November 3, 2010 - 3:13pm | 131Read More...General Motors Company announced today that for the third quarter, ending September 30, 2010, the company expects to generate: Revenue of approximately $34 billion Net income attributable to common stockholders of $1.9-$2.1 billion and Earnings before interest and taxes (EBIT) of $2.2-$...
-
General Motors to Repurchase Treasury Preferred Stock
Thursday, October 28, 2010 - 2:13pm | 181Read More...The U.S. Department of the Treasury today announced that it has accepted an offer by General Motors (GM) to repurchase its $2.1 billion of Series A preferred stock issued under the Trouble Asset Relief Program, conditioned on the closing of the proposed initial public offering of GM's common stock...
-
GM to Reduce Leverage by $11 Billion
Thursday, October 28, 2010 - 1:29pm | 530Read More...General Motors Company today announced a series of actions to further reduce financial leverage. "These actions will bring down our leverage by $11 billion by reducing debt and improving our pension funding position," said Chris Liddell, GM vice chairman and chief financial officer. GM...
-
GM CEO Predicts IPO To Be At $20 - $25 Share Price
Thursday, October 14, 2010 - 10:36am | 166Read More...A recent report released by USA Today said that When General Motors sells stock to the public, it will be priced from $20 to $25 a share, Chairman Ed Whitacre predicted Wednesday. Whitacre said it was still too early to give a time frame on when to expect the IPO as well as the stock's initial...
-
GM Invests $23.5 Million for Electric Components
Wednesday, September 29, 2010 - 9:31am | 140Read More...General Motors said Wednesday it will invest $23.5 million for additional production of vehicle electrification components on the site of the Baltimore Transmission Plant, where the first electric motor manufacturing facility in the U.S. will be operated by a major automaker. The new investment...



