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Stock Market & Financial Investment News

News Breaks
August 13, 2014
10:02 EDTGMGeneral Motors invests $174M in new Lansing stamping facility
General Motors will start construction of a $174M stamping facility that will create or retain about 145 jobs, the company said. The new facility, part of the company’s Lansing Grand River Assembly Plant, will produce stamping components for the Cadillac ATS and Cadillac CTS family of vehicles and a future product. The new facility, which comes on line in 2016, will save about $14M a year in logistics costs tied to material handling.
News For GM From The Last 14 Days
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October 22, 2014
10:08 EDTGMBass says General Motors taking back share from Ford
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10:05 EDTGMKyle Bass says General Motors still largest position
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06:24 EDTGMNHTSA says over 6M cars involved in Takata airbag recalls
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October 21, 2014
12:08 EDTGMGeneral Motors says supports Michigan House Bill 5606
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10:13 EDTGMGeneral Motors volatility elevated into Q3 and outlook
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10:00 EDTGMOn The Fly: Analyst Initiation Summary
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06:26 EDTGMGeneral Motors initiated with a Neutral at Susquehanna
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October 20, 2014
11:53 EDTGMDeaths tied to faulty GM ignition-switch increases to 29, Reuters says
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08:22 EDTGMCourt rules GM loan docs valid despite mistake, Reuters reports
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October 17, 2014
18:10 EDTGMGeneral Motors General Counsel Michael Millikin to retire in early 2015
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16:31 EDTGMGeneral Motors announces $12.5B revolving credit facility
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October 16, 2014
12:04 EDTGMStocks with call strike movement; ABBV GM
AbbVie (ABBV) January 60 call option implied volatility decreased 5% to 29, General Motors (GM) March 33 call option implied volatility decreased 4% to 39 according to IVolatility.
06:34 EDTGMChina to punish automakers that miss fuel standards, Reuters reports
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October 15, 2014
13:27 EDTGMGM faces $10B suit due to recalls, Bloomberg says
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10:16 EDTGMGeneral Motors reports Q3 worldwide sales up 2% to 2.45M units
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October 14, 2014
10:01 EDTGMOn The Fly: Analyst Downgrade Summary
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06:20 EDTGMGeneral Motors downgraded to Buy from Conviction Buy at Goldman
Goldman removed General Motors from the Conviction Buy List and lowered estimates to to cuts in North American and European production and a difficult pricing environment. The firm maintains its Buy rating and views risk/reward as favorable and expects reasonably strong comps over then next two quarters. Price target lowered to $47 from $48.
October 13, 2014
12:10 EDTGMGM lawyer says 27 people eligible for ignition switch compensation, AP reports
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06:44 EDTGMRegulators seeking banks' auto loan data, Reuters reports
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October 12, 2014
17:21 EDTGMTesla ahead of other car makers on semiautonomous driving system, WSJ says
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