GO
Loading...

General Motors Co

More

  • Stock Markets Ascend with GM Bailout Hopes Thursday, 20 Nov 2008 | 2:11 PM ET

    After getting creamed yesterday, stocks opened down a couple hundred points this morning in what has become a truly dismal bear-market recession scenario. There were more bad numbers this morning on leading economic indicators that are sinking, a terrible manufacturing report from the Philly Fed index, and a big spike up in jobless claims.

  • Stocks Retreat as Auto Bailout May Stall Thursday, 20 Nov 2008 | 1:29 PM ET

    Stocks wobbled as key lawmakers said an auto bailout deal might have to wait until December.

  • GM, Ford & Chrysler CEOs Take Their Medicine Thursday, 20 Nov 2008 | 12:10 PM ET
    Big 3 Bailout

    So, I know I'm going a little off the Rx reservation, but as a former metro Detroiter I felt compelled to write about what's going on with the American automakers in the wake of what I see as a tremendous missed opportunity for some good PR and goodwill yesterday.

  • Stocks Slide as Bailout Uncertainty Grows Thursday, 20 Nov 2008 | 11:01 AM ET

    Stocks opened sharply lower Thursday as jobless claims hit a 16-year high, exacerbating anxiety in the market about the faltering auto bailout and uncertainty about the TARP plan.

  • Big 3 CEOs: What They Might Have Done To Help Their Case Thursday, 20 Nov 2008 | 10:16 AM ET

    It's hard to say if the Big 3 CEOs blew it on Capitol Hill, but it certainly wasn't the best couple of days. While Rick Wagoner, Alan Mulally, and Bob Nardelli all gave legitimate answers and tried their best to spell out just how important a $25 Billion loan is to their survival, their hearings did not turn out well.

  • Futures Slide as Jobless Claims Soar Thursday, 20 Nov 2008 | 9:21 AM ET

    Futures tumbled Thursday after jobless claims jumped to a 16-year high. This followed Wednesday's crushing selloff that saw the Dow close below 8,000 for the first time in more than five years.

  • Chrysler Still Wants GM Merger: Report Thursday, 20 Nov 2008 | 7:06 AM ET

    Chrysler hopes to restart merger talks with General Motors if the government comes up with a bailout package for automakers, the Financial Times reported Thursday.

  • Pensions Pullback Mulled by Congress Thursday, 20 Nov 2008 | 5:57 AM ET

    Stung by outsize investment losses, some of the nation’s biggest companies are pushing Congress to roll back rules requiring them to put more money into their pension funds, just two years after President Bush signed a law meant to strengthen the pension system.

  • Market Condition: Critical! Wednesday, 19 Nov 2008 | 10:38 PM ET

    You could hear the screams on Wall Street (and perhaps a few sighs of relief that the bloodletting was over -- for today at least) when the Dow closed down 427 points -- to a level BELOW 8,000 for the first time in over five years. The market's in "critical condition," says Cramer, and likens it to a "hospital emergency room."

  • Market Insider: Credit Crunches Wall Street Wednesday, 19 Nov 2008 | 7:44 PM ET

    There is no joy on Wall Street, and frankly, the mood is getting worse. On Wednesday, stocks hit a 5-1/2 year low on waves of selling stemming from a meltdown in financials. The group was down nearly 12%, with some big names like Citigroup at shocking lows.

  • Auto Bailout Is Still Unlikely Despite Compromise Effort Wednesday, 19 Nov 2008 | 6:10 PM ET

    Senate negotiators sought to craft a compromise plan to bail out US auto makers, though prospects for a deal before Congress adjourns for the year still appeared remote.

  • Stocks Plunge to 5 1/2 Year Lows Wednesday, 19 Nov 2008 | 5:48 PM ET

    The Dow tumbled on Wednesday closing below the psychologically important 8,000 level for the first time since March 2003.

  • Dow Ends Below 8,000, More Than 5-Year Low Wednesday, 19 Nov 2008 | 5:21 PM ET

    Stocks plunged to a more than five-year low amid worries about the fate of the auto industry — and the economy — as a bailout for the sector grows increasingly unlikely.

  • No Auto Bailout? Investors May Just Say 'No Problem' Wednesday, 19 Nov 2008 | 4:21 PM ET
    Car Factory Employees

    If Congress turns its back on the Big Three auto makers—as many expect—investors probably won't drive the stock market off a cliff.

  • Advertisers Want Auto Industry To Stay Afloat Wednesday, 19 Nov 2008 | 3:46 PM ET
    GM Dealership

    When it comes to the auto industry, there are more than just millions of auto-related jobs on the line. Billions of dollars in advertising—arguably the cornerstone of the industry—is at stake.

  • Trouble With Stocks: Lost Identity Wednesday, 19 Nov 2008 | 2:08 PM ET

    The flight into Treasuries, as well as the fact that credit default swap spreads are widening, is causing broad weakness in the stock market. .

  • Stocks Tumble Amid Dim Prospects for Autos Wednesday, 19 Nov 2008 | 1:45 PM ET

    Stocks declined Tuesday amid worries about the fate of the auto industry as a bailout grows increasingly unlikely.

  • See What People Are Saying About... Big 3 Bailout Wednesday, 19 Nov 2008 | 1:14 PM ET

    An appeal for money from the Big Three is certainly generating a lot of interest among Fast Money's audience. What do you have to say?

  • Lexus Going Ahead On Sports Sponsorships: Buick Cuts Back Wednesday, 19 Nov 2008 | 12:39 PM ET
    Lexus

    Luxury automaker Lexus will be moving ahead as planned with its USGA and USTA sponsorships for 2009. Lexus spokeswoman Nancy Hubbell tells me the company is committed to its golf and tennis promotional activities for next year.

  • Stocks Idle Amid Focus on Auto Hearings Wednesday, 19 Nov 2008 | 10:22 AM ET

    Stocks opened mixed Tuesday as a pop in commodities and sharp drop in consumer prices briefly offset worries that Congress won't bail out auto makers.