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Cadillac Enters China
Thursday, January 21, 2016 - 9:09am | 173Read More...Shares of General Motors Company (NYSE: GM) were trading higher by more than 1 percent. Various media outlets reported that the company opened a $1.2 billion factory in Shanghai, China. According to The Wall Street Journal, General Motors' new factory will be used to build Cadillac-...
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Buckingham Research Cuts GM Targets, Sees 10 Percent Downside
Thursday, July 9, 2015 - 1:32pm | 336Read More...In a report published Thursday, Buckingham Research Group analyst Joseph Amaturo maintained a Neutral rating on shares of General Motors Company (NYSE: GM) while slashing his price target to $28 from a previous $37 to reflect continued moderation of growth in China and expectations for "...
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Deutsche Bank: General Motors Executing Well But Macro Headwinds Still A Concern
Friday, October 24, 2014 - 8:58am | 267Read More...General Motors Company (NYSE: GM) earned $0.97 per share during its third quarter with a healthy EBIT of $2.058 billion. Despite the fact that the company posted respectable results across most geographic regions, some analysts are taking a cautious approach. On Friday, Rod Lache of Deutsche...
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General Motors: Best Third Quarter Global Sales In Over 30 Years
Wednesday, October 15, 2014 - 10:49am | 335Read More...General Motors Company (NYSE: GM) released a press statement on Wednesday morning that it's third quarter performance was its "best third quarter since 1980." General Motors sold 2,449,595 vehicles globally in the third quarter, a 2 percent improvement from a year ago. Throughout 2014, General...
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Stocks Mildly Higher To End The Week
Friday, June 27, 2014 - 4:33pm | 2073Read More...U.S. stocks were mildly higher as the second quarter comes to an end on Monday, before the markets pause for the Fourth of July holiday. Economic data was light as investors showed little interest as consumer sentiment improved in June from May. Recommended: Will The Markets Be Bullied By The...
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Market Wrap For May 6: Dow Suffers Triple-Digit Point Loss, Nasdaq Underperforms Once Again
Tuesday, May 6, 2014 - 4:42pm | 2644Read More...U.S. stocks declined on Tuesday after the Dow and S&P 500 closed near all time highs. Momentum names such as Twitter, Facebook, Tesla and others saw heavy losses. Not helping the cause was poor earnings by American International Group on Monday which dragged the financial sector lower....
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Market Wrap For April 15: Who Doesn't Love A Turnaround?
Tuesday, April 15, 2014 - 4:30pm | 2505Read More...U.S. stock futures were pointing towards a modestly higher open as investors found enough optimism from Dow components Coca-Cola and Johnson & Johnson who both reported better than expected quarterly results. Investors were further spooked by reports of pro-Russian separatists taking...
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Market Wrap For April 11: Markets Pick Up Exactly Where They Left Off
Friday, April 11, 2014 - 4:49pm | 2266Read More...U.S. stocks declined sharply for the second day in a row as investors found little reason to reverse Thursday's bullish activity. Right off the bat, JPMorgan reported disappointing quarterly results which led to a decline in the S&P 500 index. The Volatility Index, also known as the "fear...
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General Motors Continues Its Battle To Win The Chinese Market
Wednesday, March 5, 2014 - 2:45pm | 529Read More...China is vital for General Motors (NYSE: GM). Afterall, the Detroit-based automaker sells more vehicles in China than any other country, including the United States. When General Motors announced that February deliveries rose 20 percent, investors should find further conviction that the company...
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Market Wrap For February 11: Yellen Re-assures Markets & Wakes Up The Sleeping Bulls
Tuesday, February 11, 2014 - 5:47pm | 3158Read More...U.S. stocks rose on Tuesday as the Federal Reserve's new Chief Janet Yellen reassured investors that she is the right person for the job. In her congressional testimony, Yellen promised to stay the course in regards to the Federal Open Market Committee's approach to monetary policy. Yellen also...
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General Motors Revs Ups Its Engines At Detroit's Auto Show
Wednesday, January 15, 2014 - 3:52pm | 1012Read More...General Motors (NYSE: GM) is taking central stage at the North American International Auto Show with a plethora of news announcements. Dividend announcement: investors should share in success On Tuesday evening, General Motors announced that the company will issue a $0.30 quarterly dividend...
