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General Motors Co

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  • NEW YORK, Oct 23- Dow component Caterpillar Inc was among Thursday's biggest premarket movers, with the heavy machinery maker up on heavy volume following its results. Caterpillar also said that its expectations for 2014 earnings continued to improve. In the broader market, U.S. stock index futures were higher, adding to earlier gains on Caterpillar's results.

  • DETROIT, Oct 23- General Motors Co on Thursday posted a higher-than-expected profit for the third quarter on strong demand in its home North American market and in China. Net income rose to $1.38 billion, or 81 cents a share, from $698 million, or 45 cents a share, a year earlier. The quarter included $300 million in special items for flood damage sustained at the...

  • GM 3Q profit nearly doubles, led by N. America Thursday, 23 Oct 2014 | 7:30 AM ET

    DETROIT— Big profits from rising SUV and truck sales in North America helped General Motors nearly double its third-quarter net profit and more than offset its struggles in Europe and South America. Without $331 million in one-time items, GM would have made 97 cents per share, exceeding Wall Street's expectations. In North America, revamped pickup trucks and...

  • Here's what might rattle the markets today Thursday, 23 Oct 2014 | 7:28 AM ET
    Traders on the floor of the New York Stock Exchange.

    Strategists said stocks could continue a pattern of consolidation Thursday, after the massive spring back rally earlier in the week.

  • Asia stocks, US futures dented by NY Ebola case Thursday, 23 Oct 2014 | 1:58 AM ET

    NEW YORK— A combination of strong company earnings and encouraging economic reports, both in the U.S. and Europe, gave the stock market another day of solid gains on Thursday. Caterpillar jumped after its third-quarter earnings report was better than Wall Street analysts had been expecting. 3 M, the maker of Post-it notes, industrial coatings and ceramics, was...

  • Sharp drops in many of the stocks owned by Buffett's Berkshire Hathaway in recent weeks hit the sprawling conglomerate's equity portfolio hard. The loss on seven of those holdings alone totals more than $5 billion provided Berkshire's stakes have remained the same since June 30, the last date for which they were disclosed. Berkshire Hathaway did not respond...

  • DETROIT, Oct 22- The United Auto Workers hopes to be recognized as the exclusive bargaining agent for workers at a Volkswagen AG assembly plant in Chattanooga, Tennessee within a year, the union's President Dennis Williams said on Wednesday. He said "I hope so," however, when asked if the UAW would gain recognition to bargain for VW workers by the time contract talks...

  • Final Glance: Autos companies Wednesday, 22 Oct 2014 | 6:09 PM ET

    Ford Motor Co. fell$. 13 or. 9 percent, to $14.13. General Motors Co. rose$. 47 or 1.5 percent, to $31.31. Honda Motor Co. rose$. 07 or. 2 percent, to $31.62.

  • NEW YORK, Oct 22- U.S. federal prosecutors are trying to determine whether Japanese auto parts maker Takata Corp misled U.S. regulators about the number of defective air bags it sold to automakers, including Toyota Motor Corp and Honda Motor Co Ltd, The Wall Street Journal reported on Wednesday. Word of the investigation follows a notice on Tuesday from the U.S....

  • Bungled air bag alerts leave car owners scrambling Wednesday, 22 Oct 2014 | 4:06 PM ET
    The Takata Corp. logo is displayed outside the company's headquarters in Tokyo.

    A NHTSA spokesperson said a further increase could follow in its massive air bag recall, noting, "The agency has an open investigation going."

  • Correction: Air Bag Recall-Glance story Wednesday, 22 Oct 2014 | 3:28 PM ET

    The National Highway Traffic Safety Administration has expanded the number of vehicles and manufacturers covered by a warning about air bags. But Wednesday it added multiple models and removed about 133,000 older General Motors cars that were put on the list by mistake. The agency is urging people in high-humidity areas such as Florida, Puerto Rico, Guam,...

  • Midday Glance: Autos companies Wednesday, 22 Oct 2014 | 1:18 PM ET

    Ford Motor Co. fell$. 09 or. 6 percent, to $14.17. General Motors Co. rose$. 40 or 1.3 percent, to $31.24. Honda Motor Co. rose$. 30 or 1.0 percent, to $31.85.

  • Oct 22- U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp airbags that could spray shrapnel at occupants. Following is a list of U.S. vehicle recalls so far in 2014 that are related to the airbags:. Recalled more than 5 million potentially affected...

  • DETROIT, Oct 22- U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp air bags that could spray shrapnel at occupants. The NHTSA has urged owners of certain Toyota, Honda, Mazda, BMW, Nissan, Mitsubishi, Subaru, Chrysler, Ford and General Motors vehicles to...

  • Early Glance: Autos companies Wednesday, 22 Oct 2014 | 10:36 AM ET

    Ford Motor Co. rose$. 03 or. 2 percent, to $14.29. General Motors Co. rose$. 31 or 1.0 percent, to $31.15. Honda Motor Co. rose$. 37 or 1.2 percent, to $31.92.

  • Hayman still owns General Motors     Wednesday, 22 Oct 2014 | 10:05 AM ET

    Discussing the tough year at Hayman because of the recall crisis at General Motors, with Kyle Bass, Hayman Capital Management. GM is Hayman's largest position.

  • Air bag warning extended again—is your vehicle safe? Wednesday, 22 Oct 2014 | 9:15 AM ET
    An employee sews an airbag at Takata's crash-testing facility in Auburn Hills, Michigan, August 19, 2010.

    The problems for Takata grew after U.S. safety regulators expanded a warning about faulty air bags to 6.1 million vehicles in the United States.

  • GM: Keep passengers out of front seat in these cars Wednesday, 22 Oct 2014 | 8:57 AM ET
    The General Motors world headquarters.

    GM is notifying owners of some vehicles that passengers should not ride in the front passenger seat until the air bag inflator has been replaced.

  • GM to issue new warning against faulty air bag     Wednesday, 22 Oct 2014 | 8:56 AM ET

    General Motors is warning car owners about a front seat air bag issue, reports CNBC's Phil LeBeau.

  • DETROIT, Oct 22- U.S. safety regulators on Wednesday expanded the number of vehicles in the United States that may be affected by recalls for potentially defective Takata Corp air bags that could spray shrapnel at occupants. The NHTSA has urged owners of certain Toyota, Honda, Mazda, BMW, Nissan, Mitsubishi, Subaru, Chrysler, Ford and General Motors vehicles to...