New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 11, 2013
05:59 EDTGMGeneral Motors to cease manufacturing in Australia by 2017
As part of its ongoing actions to decisively address the performance of its global operations, General Motors announced it would transition to a national sales company in Australia and New Zealand. The company also said it would discontinue vehicle and engine manufacturing and significantly reduce its engineering operations in Australia by the end of 2017. As a result of the company’s actions, approximately 2,900 positions will be impacted over the next four years. This will comprise 1,600 from the Elizabeth vehicle manufacturing plant and approximately 1,300 from Holden’s Victorian workforce. Holden will continue to have a significant presence in Australia beyond 2017, comprising a national sales company, a national parts distribution center and a global design studio. Reference Link
News For GM From The Last 14 Days
Check below for free stories on GM the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 | 4 | all recent GM news | >>
April 9, 2014
06:40 EDTGMCar sales rose 9% last month in China, China Daily says
Subscribe for More Information
06:32 EDTGMGeneral Motors downgraded to Underweight from Equal Weight at Morgan Stanley
Morgan Stanley downgraded General Motors based on expectations the industry will be pressured by increasing technology capex needs. The analyst believes GM will need to invest heavily into connected vehicles, advanced power trains and eventually autonomous cars which will pressure margins and earnings. The firm views valuation as fair but not on a relative basis vs. its coverage universe and assigned an Underweight rating on shares with a $33 price target.
06:00 EDTGMGeneral Motors workers in Kentucky vote to allow strike, AP reports
GM's auto workers at its Bowling Green, Kentucky plant have voted to authorize a strike over safety concerns, the Associated Press reports. More than 90% of the eligible union workers voted to call a strike if necessary. Reference Link
April 8, 2014
18:56 EDTGMOn The Fly: After Hours Movers
NOTABLE: General Motors (GM) was fined by the National Highway Traffic Safety Administration for failing to respond to the agency's inquiry into the company's recall of faulty ignition switches in a timely manner... According to a report by The Wall Street Journal, Goldman Sachs (GS) executives have broached the subject of closing its dark pool trading operation, Sigma X. HIGHER: Constant Contact (CTCT), up 13% after giving a preliminary first quarter revenue outlook that beat estimates and raising its fiscal 2014 revenue guidance... Alcoa (AA), up 2.5% after reporting adjusted profit that beat estimates on revenue that missed expectations. LOWER: Intuitive Surgical (ISRG), down 9.5% after giving a first quarter revenue outlook that widely missed expectations and saying it will take a $67M charge in the quarter related to legal settlements.
18:23 EDTGMGeneral Motors planning lower-priced Chevy Volt, Reuters says
Subscribe for More Information
17:14 EDTGMGeneral Motors fined $28,000 by NHTSA for timeliness of response to inquiry
Subscribe for More Information
17:06 EDTGMGeneral Motors fined $28,000 by NHTSA, reports CNBC
12:33 EDTGMGeneral Motors to invest $449M in support of electric vehicles
Subscribe for More Information
09:32 EDTGMGeneral Motors appears oversold, says RBC Capital
Subscribe for More Information
07:31 EDTGMGM workers in Bowling Green to hold vote on strike, AP reports
Subscribe for More Information
07:17 EDTGMChina car sales up 9% as curbs spark early purchases, Bloomberg says
Subscribe for More Information
07:14 EDTGMGM SUVs earn top scores among rivals in crash test, Bloomberg says
The Insurance Institute for Highway Safety said GM's (GM) Chevrolet Equinox and GMC Terrain earned the highest scores among mid-size sport-utility cars in a test made to simulate one of the deadliest kinds of front-end crashes, according to Bloomberg, citing a statement from IIHS's Chief Research Officer David Zuby. Toyota's (TM) Highlander earned an "acceptable" rating, while the other six cars that were tested were given a "marginal" or "poor" rating. Reference Link
April 7, 2014
17:25 EDTGMGeneral Motors to invest $450M in electric cars, WSJ says
Subscribe for More Information
14:16 EDTGMGroup says General Motors' Impala could have air bag defect, Bloomberg reports
Subscribe for More Information
11:17 EDTGMGeneral Motors upgraded to Buy from Hold at Standpoint Research
Subscribe for More Information
06:35 EDTGMGM investors keep faith as recall reduces $3B in value, Bloomberg says
A variety of institutional investors in GM say they still feel confident in the stock after the recall crisis reduced more than $3B in shareholders’ value over four weeks, reported Bloomberg. Reference Link
06:29 EDTGMGeneral Motors considers range of options for victim-compensation, WSJ says
Subscribe for More Information
April 6, 2014
18:12 EDTGMGM to begin fixing faulty ignition switches, WSJ says
Subscribe for More Information
16:07 EDTGMGM's Opel brand planning compact electric car by 2017, Reuters says
Subscribe for More Information
14:53 EDTGMMcCaskill says GM ignition case could lead to criminal charges, Reuters says
Subscribe for More Information
1 | 2 | 3 | 4 | all recent GM news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use