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What To Know About GM, Lordstown And Trump
Monday, March 18, 2019 - 11:40am | 1041Read More...General Motors Company (NYSE: GM) said it will negotiate with the United Automobile Workers — and the UAW only — this fall to decide the fate of the recently shuttered Lordstown, Ohio, plant. But some stakeholders are growing impatient. “Why wait, start them now!”...
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Wall Street Reacts Favorably To GM Layoffs, Plant Closures
Tuesday, November 27, 2018 - 10:28am | 1027Read More...General Motors Company (NYSE: GM) announced Monday it would close or contract seven plants, lay off 14,000 assembly and white-collar workers, and discontinue six vehicle models. The strategy, which simplifies the corporate structure and redirects resources to more profitable segments, caught some...
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Highlights From Detroit's CityLab Conference
Thursday, November 1, 2018 - 3:16pm | 824Read More...Detroit is a city rich in history with narratives of achievement and revival that continue to unfold. The city played host to The Atlantic's CityLab conference, welcoming leaders, executives and peers from around the world to discuss the challenges faced by cities. “Cities are...
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Mary Barra Hopes GM Will Be Considered A Tech Company In The Near Future
Monday, October 29, 2018 - 12:52pm | 585Read More...CEO and chairman of General Motors Co. (NYSE: GM), Mary Barra spoke Monday morning to the attendees of the CityLab Conference in Detroit on the future of GM and the future of the auto industry. Rise Of Technology As technology greatly impacts the economy on a global scale, it comes as no...
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GM's Cruise, Honda Team Up On Autonomous Vehicle Development
Wednesday, October 3, 2018 - 9:08am | 529Read More...Honda Motor Co Ltd (NYSE: HMC) announced a 5.7-percent stake in and partnership with General Motors Company (NYSE: GM)’s Cruise subsidiary to advance autonomous vehicle development. "This is the logical next step in General Motors and Honda's relationship, given our joint work on...
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GM Announces Launch Of 130 Autonomous Chevy Bolts In 3 Cities
Tuesday, June 13, 2017 - 11:03am | 473Read More...General Motors Company (NYSE: GM) has built 130 autonomous Chevrolet Bolt test vehicles in a factory setting and is deploying them in three American cities, CEO Mary Barra said Tuesday. The first commercial use of autonomous GM vehicles will be with ride-sharing services, Barra said. The autonomous...
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Greenlight's Controversial Dual-Class Stock Split Proposal Defeated At GM's Shareholder Meeting
Tuesday, June 6, 2017 - 11:38am | 405Read More...David Einhorn needs a new vision for General Motors Company (NYSE: GM). The Greenlight Capital founder suffered defeat at Tuesday’s annual meeting as shareholders rejected his Board nominees and proposal to establish two stock classes. Heeding the advice of advisory firms Institutional...
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9 Milestones Reached By Women On And Off Wall Street
Wednesday, March 8, 2017 - 3:55pm | 665Read More...The Shakespearean quote "Frailty, thy name is woman" may not resonate well in today's world. Defying odds and stereotypes, women have risen to the occasion, making a mark in whichever field they are engaging in. Wall Street is no exception, where women have forayed, found success and flourished....
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Why GM Is Bowing Out Of The European Auto Market
Tuesday, March 7, 2017 - 11:59am | 696Read More...Europe hasn't traditionally been a good hunting ground for U.S. automakers. For example, crosstown rivals General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F) haven't done as well across the Atlantic as they have done in the United States. GM On Back Foot In Europe Both the...
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General Motors Reports Strong 2017 Guidance, Adds $5 Billion In Buybacks
Tuesday, January 10, 2017 - 2:12pm | 451Read More...On Tuesday, General Motors Company (NYSE: GM) said it expects 2017 diluted EPS guidance to increase to $6.00-$6.50, higher than the $5.83 average analysts had expected. In addition, the company expects to maintain or improve EBIT-adjusted margins in the coming year. GM management shared the...
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Trump To General Motors: Make Cars In The US Or Pay Big Border Tax!
Tuesday, January 3, 2017 - 9:43am | 491Read More...President-elect Donald Trump has taken to Twitter once again to convey another warning to an American company: produce in the United States or pay big border taxes. After previously blasting Boeing Co (NYSE: BA) over the high manufacturing cost of the next generation of Air Force One...
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Top Tweeter, Top Leader
Sunday, September 25, 2016 - 2:03pm | 685Read More...Benzinga reviewed the Twitter accounts of several corporate America leaders to gauge their “twitterbility.” Our conclusion: Definitely follow General Motors Company (NYSE: GM) CEO Mary Barra. Barra, the first female CEO to lead any of the Big 3, her Twitter account captures GM’s...
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8 More CEOs You Need To Follow
Friday, September 23, 2016 - 12:04pm | 583Read More...Twitter Inc (NYSE: TWTR) can be an extremely useful and tradeable tool for investors, but only if you follow the right people. Last month, Benzinga made a list of 10 CEOs to follow on Twitter. Here’s a look at nine more CEOs who have the potential for market-moving tweets. 1. Jeff...
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Chrysler And Ford Earnings: Following In GM's Footsteps?
Sunday, April 24, 2016 - 4:38pm | 725Read More...Upcoming earnings highlights include the latest results from two automaker giants. Wall Street analysts are looking for strong earnings growth from both of them. However, estimates have been slipping for one and rising for the other. Expectations were already high for the latest earnings from...
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General Motors Gains 3+% Following Q1 Top And Bottom Line Beat
Thursday, April 21, 2016 - 8:38am | 301Read More...Shares of General Motors Company (NYSE: GM) were trading higher by more than 3 percent early Thursday morning after the company reported its first-quarter results. General Motors said that it earned $1.26 per share in the first quarter on revenue of $37.3 billion. Wall Street analysts were...
















