×

Stocks General Motors Co

  • Bondholders would be "nuts" not take General Motor's offer of 225 common shares for each $1,000 principal amount of notes, billionaire investor Wilbur Ross told CNBC.

  • Despite recent gains in the stock markets, many experts remained grim and skeptical about an economic recovery. 

  • Stocks show only modest weakness, despite concerns over swine flu. Airlines, hotels, cruise ships and some food processors are down, but the overall market is only fractionally to the downside.

  • Hugh Johnson of Johnson Illington Advisors told CNBC that it's time to start buying stocks again. "Financial markets are sending a very clear signal: 'We've seen the worst, we're starting a bull market and all the right sectors are performing well.'"

  • Great. As if the bank stress test wasn't confusing enough, as if the auto restructuring wasn't enough uncertainty, now we have half of the trading community frantically Googling "Tamiflu" this morning. The concern is that swine flu this could create another slowdown in global travel just as we are trying to figure out a bottom. Commodities, airlines, and hotels are weak this morning.

  • GM Headquarters

    Now that GM is putting Pontiac out to pasture, planning to cut another 6 production plants in the U.S., and squeeze out hundreds of dealers, I am hard pressed to see how GM remains #1 in U.S. sales.

  • Stocks enter the week ahead locked in an intense tug-of-war between investors who hope the worst is over and those who expect more bad economic news to derail the market's rally.

  • On last night’s Kudlow Report I asked Sen. Jon Kyl his thoughts on President Obama’s first one hundred days and whether he believes that government is taking over the economy.

  • pontiac_g8_gxp.jpg

    After eight decades the Pontiac brand is about to die or be sold by GM. The auto maker will announce the end of the iconic American brand early next week. Pontiac is the latest casualty of the radical down-sizing of General Motors.

  • vault_logo_2.jpg

    If any evidence is needed that businesses bear a responsibility that goes far beyond concerns such as bottom lines and the happiness of investors, one could do worse than consider the case of Flint, Michigan.

  • Alan Mulally

    Seldom has a loss of almost $2 Billion ever looked so good. Then again, when you are Ford and you continually turn in better than expected results, losing a couple billion is further proof business is turning around.

  • Futures are off their highs and are set for a fairly flat open this morning. While futures strengthened following an encouraging report out of Ford early this morning, a round of cautious earnings guidance from other industrial companies dampened investors’ enthusiasm.

  • Stocks pulled off a gain after a wobbly session Thursday as banks rose and some better-than-expected earnings helped offset gloomy economic data.

  • The Treasury Department is preparing a Chapter 11 bankruptcy filing for Chrysler that could come as soon as next week, people with direct knowledge of the action said Thursday.

  • Chrysler

    Negotiations over the fate of Chrysler continue between the Treasury department and the banks that hold $6.9 billion of Chrysler's debt.

  • With President Obama committing $2.4 billion in stimulus package money for the development of electric vehicle technology, US automakers may have enough incentive to make the green car plunge and help contribute to the one million plug-in vehicles the President would like to have on the road by 2015. So-called alt energy-powered vehicles, both production or concept models, were on display at the recent New Yok Auto Show. Here's a sampling.

    So-called alt energy-powered vehicles, both production or concept models, were on display at the recent New Yok Auto Show. Here's a sampling.

  • SUVS_lot.jpg

    U.S. industrywide retail auto sales declined about 33 percent in the first 16 days of April compared to a year ago, but the market shows some signs of stabilizing, according to J.D. Power and Associates.

  • A quick pop at the open fizzled Thursday as economic data cast a shadow over the market and some better-than-expected earnings. Jobless claims jumped and existing-home sales fell.

  • Energy prices were mixed on Wednesday -  crude markets bounced despite a reported surge in supply, while products fell because of a reported surge in supply, writes Stephen Schork.

  • A quick pop at the open fizzled Thursday as economic data cast a shadow over the market and some better-than-expected earnings. Jobless claims jumped and existing-home sales fell.