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General Motors Co

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  • Stocks Close Higher On Financials, Lower Oil Thursday, 29 May 2008 | 3:25 PM ET

    Stocks closed with solid gains, though well  off their highs, amid strength in the financial sector and a big decline in oil prices.

  • GM Says 19,000 U.S. Factory Workers Take Buyouts Thursday, 29 May 2008 | 2:42 PM ET
    General Motors

    General Motors said about 19,000 U.S. factory workers—just more than a quarter of its American blue-collar work force—had taken buyouts to leave the automaker.

  • Financials Push Stocks Up as Oil Tumbles Thursday, 29 May 2008 | 2:01 PM ET

    Stocks turned higher, pushed upward by credit card companies despite some less-than-stellar economic reports and news that oil supplies took a dramatic and unexpected slide.

  • Stocks Get Boost from Credit Cards, Financials Thursday, 29 May 2008 | 12:49 PM ET

    Stocks turned higher, pushed upward by credit card companies despite some less-than-stellar economic reports and news that oil supplies took a dramatic and unexpected slide.

  • Yes, gas prices are soaring, SUV values are tanking, and Detroit is bracing for the possibility of more job cuts. But there are reasons to be optimistic about the future of the industry. Here are four:

  • Lehman Cuts GM Price Target amid Revamp Talks Thursday, 29 May 2008 | 7:28 AM ET

    Lehman Brothers reduced its estimates for General Motors, cutting the share price target to $19.50 from $24, citing a fall in sales of pickup trucks and SUVs as well as a doubling of steel costs among headwinds facing the car maker.

  • GM's Problems: Who's To Blame? You Tell Me Wednesday, 28 May 2008 | 9:47 AM ET
    General Motors Headquarters

    It's not often that an e-mail makes me stop and say "Hmmmmm. Do a lot of people feel the same way?" But, this one from Nathan did just that.

  • Oil Drops, Stocks Pop Tuesday, 27 May 2008 | 6:19 PM ET

    The Dow ended higher Tuesday led by technology companies as a sharp drop in crude oil prices rekindled hopes of increased consumer and business spending on tech gear...

  • Oil Spikes 5% On Week Friday, 23 May 2008 | 6:14 PM ET

    Oil rose on Friday due to the weak U.S. dollar and ongoing long-term supply concerns. What's the "Word on the Street?"

  • Oil Prices Snag Stocks' Two-Month Rally Friday, 23 May 2008 | 5:20 PM ET

    Oil's relentless ascent finally pushed stocks over the edge, abruptly snapping the market's two-month rally.  The Dow dropped 3.9% for the week, dragged down by GM's 15% decline. Crude jumped $6 this week, settling at $132.19 a barrel. All U.S. financial markets are closed Monday.

  • Dow Down Nearly 4% for Week as GM Drags Friday, 23 May 2008 | 3:21 PM ET

    Stocks declined as a slightly-better-than-expected report on U.S. home sales offered a brief reprieve but proved no match for relentless oil prices.  The Dow Jones Industrial Average and Nasdaq were on track to record their worst weekly percentage declines since mid-February.

  • Stocks Set for Worst Week Since February Friday, 23 May 2008 | 2:40 PM ET

    Stocks pared some losses after a slightly better-than-expected report on U.S. home sales. Oil climbed above $133 a barrel.

  • GM's Stock Sell-Off And Why It's Happening Friday, 23 May 2008 | 2:31 PM ET
    GM logo, General Motors logo

    Depending on where things end up Friday GM shares go into the weekend at roughly $17.50 a share. dropping roughly 4% on Friday. It's nothing short of a horrendous end to a very tough week for General Motor's shareholders.

  • Oil Clamps Down on Stocks; BUD Pops Friday, 23 May 2008 | 12:09 PM ET

    Stocks pared some losses after a slightly better-than-expected report on U.S. home sales. Oil climbed above $133 a barrel.

  • Stocks Snap Losing Streak; Energy Skids Thursday, 22 May 2008 | 4:42 PM ET

    Stocks held onto modest gains, boosted by an an unexpected drop in jobless claims and merger buzz in the utility sector. Oil was a bargain around $132, after earlier surpassing $135 a barrel.

  • Ford No Longer Sees 2009 Profit, Cuts Production Thursday, 22 May 2008 | 4:36 PM ET

    Ford Motor warned on Thursday that it no longer expects to meet a key target of returning to profitability in 2009 and would cut production through this year in response to a slumping U.S. auto market.

  • Financials Lead Rebound; Energy Skids Thursday, 22 May 2008 | 2:29 PM ET

    Stocks held onto modest gains, boosted by an an unexpected drop in jobless claims and merger buzz in the utility sector. Oil was a bargain around $132, after earlier surpassing $135 a barrel.

  • Merger Buzz, Jobless Report Boost Stocks Thursday, 22 May 2008 | 1:47 PM ET

    Stocks held onto modest gains, boosted by an an unexpected drop in jobless claims and merger buzz in the utility sector. Oil was a bargain around $132, after earlier surpassing $135 a barrel.

  • Stocks Hold Gains as Housing Prices Tumble Thursday, 22 May 2008 | 10:35 AM ET

    Stocks opened flat after an unexpected drop in jobless claims and a pullback in oil prices, which earlier topped $135 a barrel. A separate report showed the largest decline in housing prices on record.

  • Honda Revs Up The Hybrid And Hydrogen Fuel Cell Race Wednesday, 21 May 2008 | 8:53 AM ET
    2007 Honda FCX

    In hybrids, Honda has announced that early next year it will roll out a lighter, more affordable 5 door hatchback that will look similar to the hydrogen fuel cell FCX Clarity model. The plan: annual sales 200,000 worldwide, including a 100,000 here in the U.S.

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