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General Motors Co

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  • AP Top Extended Financial Headlines At 12:03 p.m. EDT Thursday, 24 Jul 2014 | 12:03 PM ET

    IMF cuts global growth forecast because of slowdowns in US, Russia and emerging markets French foreign minister: Missing Air Algerie plane' probably crashed' in northern Mali General Motors 2 Q profit falls 85 pct., drained by massive recall costs Ford's second quarter net income up 6 percent to $1.3 billion as Europe makes money again US new-home sales tumble 8.1 percent in June to annual rate of 406,000 US stocks inch up after Facebook, Ford, Caterpillar report results; homebuilders hit hard Nokia says Q2 profit up 20 percent, gives upbeat outlook after sale of troubled handset unit Amid easing of tensions over downing of Malaysia jet, markets solid despite mixed US data Wal-Mart promotes exec of Asia division Greg Foran as new CEO of Wal-Mart US stores Flush with more revenue, American Airlines posts profit, declares first dividend since 1980

  • AP Top Extended Financial Headlines At Noon EDT Thursday, 24 Jul 2014 | 12:00 PM ET

    IMF cuts global growth forecast because of slowdowns in US, Russia and emerging markets French foreign minister: Missing Air Algerie plane' probably crashed' in northern Mali General Motors 2 Q profit falls 85 pct., drained by massive recall costs Ford's second quarter net income up 6 percent to $1.3 billion as Europe makes money again US new-home sales tumble 8.1 percent in June to annual rate of 406,000 US stocks inch up after Facebook, Ford, Caterpillar report results; homebuilders hit hard Nokia says Q2 profit up 20 percent, gives upbeat outlook after sale of troubled handset unit Wal-Mart promotes exec of Asia division Greg Foran as new CEO of Wal-Mart US stores Flush with more revenue, American Airlines posts profit, declares first dividend since 1980 Applications for US jobless benefits dip to 284,000; lowest level since February 2006

  • Early Glance: Autos companies Thursday, 24 Jul 2014 | 11:37 AM ET

    Ford Motor Co. rose$. 25 or 1.4 percent, to $18.03. General Motors Co. fell$. 96 or 2.6 percent, to $36.45. Toyota Motor Corp. rose$. 13 or. 1 percent, to $119.56.

  • Ford sets North American record     Thursday, 24 Jul 2014 | 10:17 AM ET

    CNBC's Phil LeBeau breaks down the quarterly performance of General Motors and Ford Motor Company. LeBeau says Ford reported a record $2.44 billion quarterly profit in North America.

  • After much movement, stocks end where they began Thursday, 24 Jul 2014 | 9:25 AM ET

    NEW YORK— Only Wall Street could make the buying and selling of more than 3 billion shares look like nothing happened. "It's a stock-specific market right now," said Ryan Larson, head of equity trading at RBC Global Asset Management. Facebook's stock rose 5 percent while Caterpillar's fell 3 percent after the companies each reported quarterly results.

  • AP Top Extended Financial Headlines At 9:14 a.m. EDT Thursday, 24 Jul 2014 | 9:14 AM ET

    French official: Air Algerie flight carrying 116 people vanishes over northern Mali Applications for US jobless benefits dip to 284,000; lowest level since February 2006 World shares subdued despite China manufacturing as reports say EU mulls new Russia sanctions General Motors 2 Q profit falls 85 pct., drained by massive recall costs Ford's second quarter net income up 6 percent to $1.3 billion as Europe makes money again Flush with more revenue, American Airlines posts profit, declares first dividend since 1980 With summer travel season in full swing, United Airlines breaks into the black Higher fares, more full seats help push Southwest Airlines to record 2 Q profit of $465 million Wal-Mart promotes exec of Asia division Greg Foran as new CEO of Wal-Mart US stores Caterpillar 2nd- quarter profit rises, revenue falls; lifts full-year earnings forecast

  • Ford earnings, jobless claims to lift Wall Street Thursday, 24 Jul 2014 | 8:40 AM ET

    U.S. stock index futures rose on Thursday, ahead of one of the heaviest days for U.S. and European second-quarter earnings.

  • DETROIT, July 24- General Motors Co reported a much lower second-quarter profit on Thursday due to numerous recalls and the expected cost of at least $400 million for a compensation fund for those killed or injured by a defective ignition switch linked to at least 13 deaths.

  • GM earnings slammed by recall-related charges Thursday, 24 Jul 2014 | 8:35 AM ET
    General Motors headquarters in Detroit

    General Motors reported a lower profit due to numerous recalls and the expected cost of at least $400 million for its victims' compensation fund.

  • Ford profit beats, sets record for North America Thursday, 24 Jul 2014 | 8:20 AM ET
    Mark Fields expected to be named the next CEO of Ford Motor.

    Ford Motor reported quarterly earnings that beat analysts' expectations on Thursday.

  • AP Top Extended Financial Headlines At 8:11 a.m. EDT Thursday, 24 Jul 2014 | 8:11 AM ET

    French official: Air Algerie flight carrying 116 people vanishes over northern Mali Flush with 2 Q profit, American Airlines will pay its first dividend to shareholders since 1980 General Motors 2 Q profit falls 85 pct., drained by massive recall costs Ford's second quarter net income up 6 percent to $1.3 billion as Europe makes money again Caterpillar 2nd- quarter profit climbs, revenue falls; lifts full-year earnings forecast World shares subdued despite China manufacturing as reports say EU mulls new Russia sanctions Survey finds eurozone economic growth picking up in July but faces uncertainty from Ukraine Applications for US jobless aid likely rose last week; layoffs still at pre-recession levels New home sales expected to slow in June Dunkin' 2 Q profit increases 13 percent

  • Early movers: GM, F, CAT, AAL, JPM, FB, T & more Thursday, 24 Jul 2014 | 8:05 AM ET
    Traders work the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • GM CFO: No cap on compensation program     Thursday, 24 Jul 2014 | 7:52 AM ET

    CNBC's Phil LeBeau talks with General Motors CFO Chuck Stevens about GM's Q2 results and the $400 million fund the company set aside for the ignition switch recall. Ultimately the cost of the program will be independently determined by Ken Feinberg, says Stevens.

  • GM profit 2Q falls 85 pct. on recall costs Thursday, 24 Jul 2014 | 7:35 AM ET

    DETROIT— Recall expenses chopped $1.5 billion from General Motors' bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes. Without one-time items GM would have made 58 cents per share, equaling Wall Street's expectations, according to data provider FactSet.

  • GM takes whopping special charges     Thursday, 24 Jul 2014 | 7:30 AM ET

    CNBC's Phil LeBeau takes a look at General Motor's quarterly numbers, which came in shy on earnings and revenues.

  • DETROIT, July 24- General Motors Co reported a lower second-quarter profit on Thursday due to numerous recalls and the expected cost of at least $400 million for its victims' compensation fund for those killed or injured by a defective ignition switch linked to at least 13 deaths.

  • Ford 2Q net profit up 6 percent to $1.3 billion Thursday, 24 Jul 2014 | 6:40 AM ET

    DEARBORN, Mich.— Ford Motor Co. beat Wall Street's expectations in the second quarter as it chalked up a record profit in North America and made money in Europe for the first time in three years. Marketing expenses for new products, like the truck and the Ford Edge in the U.S. and the Mondeo and Focus sedans in Europe, will also take a bite out of earnings.

  • Asian equity markets ended mixed on Thursday following gains in the morning session as attention turned to the region's earnings season.

  • Get ready for an earnings avalanche Thursday Wednesday, 23 Jul 2014 | 6:44 PM ET

    An earnings deluge will hit the stock market Thursday, and analysts say that mostly good reports could continue to drive new highs.

  • Details of 6 GM recalls announced Wednesday Wednesday, 23 Jul 2014 | 4:23 PM ET

    General Motors announced six more recalls Wednesday, bringing its total so far this year to 60, affecting nearly 30 million vehicles. Wednesday's recalls total nearly 823,000 cars, trucks and SUVs in North America, plus a small number of exports.