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General Motors Co

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  • Pros Say: Crucial Opportunity For Oil, Equities Monday, 22 Dec 2008 | 1:01 PM ET

    Monday's market is still feeling last week's pain, as lowered earnings outlooks add to the downward pressure from big bank downgrades. And forensic analysts continue to sift through the alleged Bernie Madoff fraud, asking: Can investors get anything back? But CNBC heard from experts who are anticipating an annual Santa Claus rally — and think it's crucial to buy oil stocks and other selected equities now.

  • Stocks Slide as Firms Lower Outlooks Monday, 22 Dec 2008 | 12:37 PM ET

    Stocks turned lower Monday as a pair of lowered outlooks arrived just in time for the holidays.

  • Revisiting TARP Monday, 22 Dec 2008 | 10:47 AM ET

    The TARP plan that debuted in October was described as a way to purchase toxic assets from banks and other lenders in order to unclog the credit system, which is so essential to the efficient functioning of the economy. I supported that plan then, and I still do now.

  • Toyota's Loss Shows All Auto Makers Paying Price Monday, 22 Dec 2008 | 9:44 AM ET

    Most of you are waking up this morning, hearing that Toyota has just forecast it's first annual loss in decades, and may be saying, "Wow, even Toyota is hurting." This news shouldn't come as a surprise.

  • Stock Volatility Gone Or Just Taking A Holiday? Monday, 22 Dec 2008 | 9:21 AM ET

    We have been seeing volatility and volumes decline for the past two weeks. Whether this is due to the Christmas slowdown or to a genuine belief that stock volatility will be moving down in the coming months is hotly debated.

  • Happier Days Are Here Again Monday, 22 Dec 2008 | 2:53 AM ET

    Mortgage rates are falling, a housing bottom looks near, oil's at $34, and GM lives to see another day.

  • S&P Ends Wild Week Higher Friday, 19 Dec 2008 | 6:10 PM ET

    The S&P 500 rose on Friday after the U.S. government said it would throw a $17.4 billion lifeline to automakers grappling with falling consumer demand.

  • Stocks End Wild Week With Mixed Results Friday, 19 Dec 2008 | 4:28 PM ET

    The stock market ended both the day and the week essentially flat, with the twin stimuli of interest rate cuts and an automaker bailout unable to overcome a weakening economy and pessimism about the future of the banking system.

  • Auto Bailout Cheer vs. Bank Downgrade Fear Friday, 19 Dec 2008 | 2:37 PM ET

    On Friday, stocks are holding onto modest gains. The news the government is extending $17.4 billion in loans to Chrysler and General Motors was well received at the open, but markets haven't been able to sustain those gains. Retailers are acting squirrely on concerns about weak Christmas spending, and financials are mixed after Standard & Poor's cut its outlook and ratings on 12 major banks. One thing giving traders hope: the continued slide in the VIX.

  • Pros Say: Darwinian Pain Good For Strong Companies Friday, 19 Dec 2008 | 12:57 PM ET

    On Friday, the auto bailout was announced: General Motors and Chrysler will get up to $17.4 billion in short-term loans from the U.S. in return for deep concessions. Treasury boss Hank Paulson reversed himself, asking for the second half of the TARP fund. Who gets bailed out next — and where does it end? Strategists told CNBC the bailout is going to make things worse; but one airline CEO sees a healthy Darwinian process.

  • Stocks Simmer as Banks Cool Bailout Rally Friday, 19 Dec 2008 | 12:18 PM ET

    Stocks advanced Friday after Bush announced details of a rescue plan for auto makers.

  • General Motors and Chrysler will receive up to $17.4 billion in short-term loans from the US government as part of an aid package to the troubled auto industry.

  • As More Companies Seek Aid, 'Where Do You Stop?' Friday, 19 Dec 2008 | 9:16 AM ET

    The US government could be entering a bottomless pit of bailouts if it starts propping up failing companies outside the financial sector—including the struggling auto industry, economists say.

  • Futures Gain Ahead of Bush Auto Speech Friday, 19 Dec 2008 | 8:29 AM ET

    U.S. stock index futures pointed to a cautiously higher open for Wall Street Friday as troubled automakers reportedly are close to an emergency loan deal.

  • So Much for a Santa Claus Rally Thursday, 18 Dec 2008 | 8:46 PM ET

    President Bush, General Electric and oil all came together to kill the markets.

  • Dow Drops 2%, Led By GE Thursday, 18 Dec 2008 | 5:33 PM ET

    The Dow fell for the second day on Thursday after Standard & Poor's threatened to strip General Electric of its 'AAA' credit rating and slumping oil prices crippled energy shares.

  • Dow Sheds Over 200 as GE, GM Drag Thursday, 18 Dec 2008 | 5:06 PM ET

    Stocks declined Thursday as worries about General Electric's credit and the fate of the auto industry weighed on the market.

  • Pros Say: Oil Will Take Stocks to Heaven Thursday, 18 Dec 2008 | 2:19 PM ET

    Thursday: U.S. jobless claims eased from a 26-year peak but still showed weakness in the economy. After the Federal Reserve's moves this week, homeowners are scrambling to refinance; the dollar is sliding against the euro. And the second half of the $700 billion TARP bailout fund looks likely to go toward foreclosure relief and economic stimulus. CNBC heard from experts who say crude oil prices are finally correct — and oil, stocks and gold are going to soar.

  • GMAC Still Short of Capital to Become a Bank Thursday, 18 Dec 2008 | 2:09 PM ET

    Financing company GMAC said in a regulatory filing Thursday that about $16.9 billion, or 58 percent, worth of its notes have been tendered as part of a plan to swap $38 billion of debt and amass enough regulatory capital to become a bank holding company.

  • Stocks Wobble After Philly Fed Report Thursday, 18 Dec 2008 | 1:39 PM ET

    U.S. stock index futures were mixed Thursday as the possibilty of global interest rates at zero increased and deals both broke down and reemerged.