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Stocks General Motors Co


  • Web Extra: Getting Detroit Into Gear Thursday, 19 Feb 2009 | 6:34 PM ET

    It appears GM will need more money from the Obama administration to stay afloat. A lot more money. What's the trade?

  • Stop Trading!: The Market's New Leadership? Thursday, 19 Feb 2009 | 3:34 PM ET

    Plus, Cramer speculates on whom the new Dow Jones Industrial constituent could be.

  • Angry? Join Rick Santelli's Chicago Tea Party! Thursday, 19 Feb 2009 | 2:09 PM ET

    Will the Obama Administration's plan to save the U.S. economy actually help the markets? Mega-investor Wilbur Ross Jr. says no. And CNBC's Rick Santelli

  • Is Saturn Set For A New Orbit? Thursday, 19 Feb 2009 | 1:56 PM ET

    Saturn owners are getting an e-mail today that essentially tells them their beloved brand is not going to die.

  • Bankruptcy Could Be More Costly Thursday, 19 Feb 2009 | 10:45 AM ET
    GM auto dealership with sign.

    Businesses filing for bankruptcy need loans to work out their troubles, or face liquidation. But General Motors  and its smaller rival, Chrysler, have threatened that they will need $125 billion, in what would be the largest bankruptcy financing packages ever, if they do not receive the additional federal aid they are requesting.

  • Job Cuts Keep Coming—Is Your Firm On the List? Thursday, 19 Feb 2009 | 10:44 AM ET

    Another round of layoffs was announced on Thursday, adding to the gloom over rising unemployment. Delta Air Lines and Performance Food Group were among the latest names on Wednesday to announce job cuts.

  • HUMMER's End Game Thursday, 19 Feb 2009 | 9:51 AM ET

    GM says that by the end of March it will reach a decision to either sell the brand or phase it out. My gut, based on talking with people in GM and the industry, is HUMMER is sold, but for far, far less than what GM wants.

  • Stocks End Flat; Big Banks Slide Wednesday, 18 Feb 2009 | 4:49 PM ET

    Stocks limped to the finish line Wednesday as broad strokes on the bank plan from Bernanke failed to comfort the market.

  • Wagoner:  Conservative Outlook Costs More Wednesday, 18 Feb 2009 | 11:27 AM ET
    General Motors Chairman and Chief Executive Rick Wagoner.

    GM CEO Richard Wagoner, Jr., says taking a conservative view of the future sent him back to the government to ask for more money.

  • GM's Next Move Will Be The Toughest Wednesday, 18 Feb 2009 | 10:39 AM ET
    General Motors Headquarters

    Yes, the numbers are staggering. Anytime a company says it may need up to another $16.5 Billion to fix its business, there's no way to sugar coat it.

  • Housing Starts Hit Home Wednesday, 18 Feb 2009 | 9:23 AM ET

    Housing starts were terrible, well below expectations (multifamily construction down 25 percent). The only good news is that 30-year mortgage rates dropped below 5 percent, according to the Mortgage Bankers Association.

  • Futures Point Higher After Selloff Wednesday, 18 Feb 2009 | 9:02 AM ET

    Futures pointed higher Wednesday as investors looked to scoop up some bargains after the previous session's selloff and shrugged off another dismal housing data point.

  • GM Brands: Adieu Saturn ... Pontiac Next? Wednesday, 18 Feb 2009 | 8:15 AM ET
    2008 Saturn Aura

    The brand that was once hailed as an important part of the future of General Motors now will be part of its past.

  • Pros Say: Markets in 'Bottoming Process' Tuesday, 17 Feb 2009 | 6:15 PM ET

    Tuesday: President Obama signed the $787 billion economic stimulus bill into law, as governments around the world consider their own actions. But global markets plunged on fears of a deepening recession; Chrysler asked the U.S. for $2 billion more in loans and General Motors is widely expected to follow suit. Investors are fleeing to bonds and gold-backed securities. CNBC heard from experts who warned that the March "bear market bull" won't happen — but that we are, indeed, in a "bottoming process."

  • Dow Nears 5 1/2 Year Low Tuesday, 17 Feb 2009 | 6:04 PM ET

    The Dow slid within striking distance of its bear-market low on Tuesday, despite the fact that President Obama signed the economic stimulus into law. What went wrong?

  • Dow Ends Within a Point of November Low Tuesday, 17 Feb 2009 | 5:26 PM ET

    Stocks tumbled to November levels Tuesday as investors faced a fresh sign of the deepening recession and dilution worries gnawed at bank stocks. Wal-Mart was the lone gainer on the Dow after the retail giant beat earnings expectations.

  • Trading Today: Anxiety But No Panic Tuesday, 17 Feb 2009 | 4:18 PM ET

    We have seen these days often in the past month. Stocks start lower on heavy volume (it looked like we might do 2 billion shares at the NYSE at the open), but very quickly the selling pressure eased, and an old-fashioned buyers strike ensued.

  • Major Indices Approach their November 20th Lows Tuesday, 17 Feb 2009 | 3:07 PM ET

    As we are getting close to the November 2008 lows, here are some key dates for for each of the major indices, both on a closing and intraday basis.

  • Bankruptcy Threat Is Necessary: Auto Nation CEO Tuesday, 17 Feb 2009 | 10:12 AM ET

    The threat of  a government-backed bankruptcy is necessary to drive a "breakthrough," structural change for the auto industry, said Mike Jackson, AutoNation chairman & CEO.

  • Job Cuts Keep Coming—Is Your Firm On the List? Tuesday, 17 Feb 2009 | 9:50 AM ET

    Another round of layoffs was announced on Tuesday, adding to the gloom over rising unemployment.