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Stock Market & Financial Investment News

News Breaks
December 19, 2012
11:42 EDTAXL, GMGM to buy back Treasury shares, AXL trades higher
American Axle (AXL), a maker of driveline and drivetrain systems for light trucks, and a General Motors (GM) supplier is up almost 4% or 40c in late morning trade following news that GM is repurchasing shares from the U.S. Treasury.
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May 7, 2013
07:14 EDTGMGM recalling hybrid cars due to electrical problem, WSJ reports
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05:53 EDTGMGM staying in South Korea, seeks to resolve labor issues, Reuters reports
General Motors won't pull out of South Korea but will discuss labor problems with South Korean President Park Geun-hye, CEO Dan Akerson was quoted as saying by its Korean union, a move that could complicate already troubled relations with its local workforce, reports Reuters. .Reference Link
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