The smile on the face of GM Chairman Ed Whitacre Jr. says it all. The quiet confidence from GM Vice Chairman Steve Girsky makes it clear. Read between the lines, you'll see GM is speeding toward profitability.
As most of us focus on GM paying off its remaining loans to the U.S. And Canadian government, few are paying attention to Detroit's other troubled automaker.
Few at GM will admit it in the open. Heck, they don't even like to talk about it. But make no mistake, GM is moving to have an initial public offering. It's still too early to project when it will be, but I have little doubt it will happen this year.
The Dow pulled off a gain Monday as Goldman Sachs shares finished higher following news that the SEC vote to sue was close — raising doubt that the charges will stick. Citigroup jumped 7 percent after blowing past earnings forecasts.
It might be a stretch to say GM and Toyota are going in different directions, but Monday was the clearest sign yet these two automakers find themselves in completely different places than they have in the past.
Stocks pushed higher on Monday after a more-than-expected rise in leading indicators and strong earnings from Citigroup. Fritz Meyer, senior market strategist at Invesco AIM and Linda Duessel, equity market strategist at Federated Investors shared their market outlooks.
Stocks pushed higher Monday after a sharper-than-expected rise in leading indicators and an earnings beat from Citigroup.
U.S. stock index futures were lower ahead of the open Monday as investors were still reeling from Friday's news that the Securities and Exchange Commission charged Goldman Sachs with fraud, with banks leading European indexes lower.
While much of the country is fixated on the millions of Toyota vehicles that have been recalled, there's news about recalled cars that is getting little attention.
Stocks rose for a sixth straight dayas investors cheered a pair of solid manufacturing reports and shrugged off a jump in jobless claims.
Stocks rose Thursday in mid-afternoon trading, following a five-day winning streak as investors digested a jump in jobless claims against a pair of solid manufacturing reports.
There are a lot of warnings signs that markets may have come too far, too fast, said Steve Hochberg, chief market analyst at Elliot Wave International.
Overnight, Toyota executives in Japan made the decision to test all of the company's SUVs to see if any of them have an issue with their electronic stability control, as is suspected with 2010 Lexus GX 460 models.
Stocks rallied for a fifth straight session Wednesday, with Intel and JPMorgan at the front of the Dow pack after the companies delivered blockbuster results. The S&P crossed above 1,200 at the opening bell — and held there through the close.
Cramer explains why stocks can still move higher and the US in particular right now is "more investable than most" other countries.
Stocks continued their gains for a fifth straight session Wednesday after Intel and JPMorgan reported earnings that topped expectations. The S&P held its ground above 1,200.
Stocks advanced and the S&P crossed the key 1,200 mark after Intel and JPMorgan beat earnings and revenue forecasts.
U.S. stock index futures were higher ahead of the open Wednesday, following four straight sessions of modest gains on Wall Street, after Intel reported better-than-expected earnings.
Toyota says it will temporarily stop selling the Lexus GX460 after Consumer Reports said the SUV carried an unusually high risk of a rollover accident during certain types of turns.
The Dow finished above 11,000 for a second straight day Tuesday but it was a rocky session as Alcoa's revenue miss and a regional-bank downgrade rattled the market. 1,200 remained out of reach for the S&P 500.