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Stock Market & Financial Investment News

News Breaks
June 6, 2014
16:02 EDTGMGeneral Motors announces three safety recalls, one non-compliance recall
General Motors announced three safety recalls and one non-compliance recall, all of which were reported to the NHTSA on Thursday, June 5. GM is recalling 57,512 model year 2014 Chevrolet Silverado LD, 2014 GMC Sierra LD and model year 2015 Silverado HD, Tahoe and Suburban and 2015 GMC Sierra HD and Yukon and Yukon XL models because the base radio may not work; 31,520 model year 2012 Buick Verano and Chevrolet Camaro, Cruze and Sonic compact cars for a defect in which the shorting bar inside the dual stage driverís air bag may occasionally contact the air bag terminals; 61 model year 2013-2014 Chevrolet Spark and 2013 model year Buick Encores because the vehicles may have a condition in which the front passenger airbag end cap could separate from the airbag inflator; and 33 model year 2014 Chevrolet Corvettes in the U.S. because an internal short-circuit in the sensing and diagnostic module could disable frontal air bags, safety belt pretensioners and the Automatic Occupancy Sensing module.
News For GM From The Last 14 Days
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August 14, 2014
17:16 EDTGMPaulson & Co gives quarterly update on stakes
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16:54 EDTGMBerkshire Hathaway gives quarterly update on stakes
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12:46 EDTGMHayman Capital gives quarterly update on stakes
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11:56 EDTGMGM planning to invest $2.8B in Brazil over 5-year period, Reuters reports
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11:12 EDTGMGM executive says company in 'massive transformation,' WSJ says
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10:05 EDTGMOn The Fly: Analyst Initiation Summary
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August 13, 2014
16:07 EDTGMGeneral Motors initiated with an Underperform at Credit Suisse
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10:02 EDTGMGeneral Motors invests $174M in new Lansing stamping facility
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06:24 EDTGMGM says antitrust regulator approached China division, Reuters says
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06:07 EDTGMOpel CFO expects to be profitable in Europe by mid-decade, Detroit News reports
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06:04 EDTGMGM workers returning to Warren tech center after flooding, Detroit News reports
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August 12, 2014
09:19 EDTGMGeneral Motors shares washed out, says Sterne Agee
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06:21 EDTGMGeneral Motors to streamline international business model, WSJ reports
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August 11, 2014
15:23 EDTGMJPMorgan to hold a conference
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06:38 EDTGMGM's ignition switch fund receives 63 death case claims, AP reports
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06:07 EDTGMGM's Lansing plant to halt Cadillac production temporarily, Detroit News reports
General Motors will halt Cadillac production at its Lansing Grand River Assembly Plant for three weeks, effective August 18, the Detroit News reports. According to sources, the halt is due to lower than expected demand for the cars. Reference Link
August 9, 2014
15:40 EDTGMGM loses attempt to dismiss revived ignition-death lawsuit, Bloomberg says
A Georgia judge rejected General Motors' attempt to dismiss a revived lawsuit over the death of woman that precipitated the recall of 2.59M cars over faulty ignition switches, says Bloomberg. Reference Link
August 8, 2014
14:09 EDTGMGeneral Motors announces 269K vehicle recall
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06:47 EDTGMGM aims to unveil new Volt hybrid in six months, Reuters says
GM said that it plans to showcase its newest model of its Chevrolet Volt hybrid electric vehicle in six months, reported Reuters. Company officials did not explain details on the pricing or driving range of the 2016 model, but said the car will be revealed at the North American International Auto Show. Reference Link
August 7, 2014
06:18 EDTGMGM issues recall for certain model year SAABs, Trailblazer EXTs, others
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