6:45am ET
Cars and Drivers
GM Should Leave Europe Now
General Motors (NYSE: GM) lost $747 million, before interest and taxes, in Europe in 2011 and has lost $15.6 billion since 1999, the last year GM made money in the region. The big…
Companies
/Consumer Cyclical
General Motors Company
$86.99
▲ $1.37 (+1.60%) today
Markets open · 3:28pm ET
GM Coverage
Page 1516:44am ET
Investing
Why Mark Zuckerberg Should Resign from Facebook
That is an attention grabbing headline. And Mark Zuckerberg should leave Facebook (NASDAQ: FB). He will not be pushed out, though, like Steve Jobs was at Apple (NASDAQ: AAPL) in 1985 when he…
2:04pm ET
Industrials
US Energy Department Invests in Some Big Names (GM, WFR, DOW, LYB, APD, DLPH, TDY)
On Tuesday the US Department of Energy announced awards to 13 projects totaling more than $54 million. According to the press release: to advance transformational technologies and materials that can help American…
6:29am ET
Media
Media Digest (6/14/2012) Reuters, WSJ, NYT, FT, Bloomberg
Nokia (NYSE: NOK) to lay off 10,000 people. (Reuters) RealtyTrac reports foreclosures rise for the first time in 27 months. (Reuters) China may cut rates rather than press stimulus. (Reuters) A number…
6:42am ET
Investing
What’s Important in the Financial World (6/13/2012)
Leading business TV network CNBC, which is controlled by Comcast (NASDAQ: CMCSA), and Yahoo! Finance, one of the most successful parts of the Yahoo!’s (NASDAQ: YHOO) content operations, will join forces in an attempt to form a…
6:35am ET
Cars and Drivers
GM’s Chief Opens His Mouth
GM’s (NYSE: GM) CEO Dan Akerson used the car company’s annual meeting to make several senseless comments. The first was that politician in Washington will need to end gridlock about how the…
Douglas A. McIntyre 6:29am ET
Media
Media Digest (6/13/2012) Reuters, WSJ, FT, Bloomberg
Members of the Chesapeake Energy (NYSE: CHK) board are close to picking a new chairman. (Reuters) Apple’s (NASDAQ: AAPL) lack of success blocking rivals in court and the slow introduction of the iPhone…
11:47am ET
Technology
A123 Jumps on Technology Announcement (AONE, ENS, XIDE, JCI, MXWL, GM, TM, NSANY, F, TSLA)
US lithium-ion battery maker A123 Systems Inc. (NASDAQ: AONE) has definitely had a rough year. Shares are down about -72%, making it the worst performer out of US battery makers like EnerSys…
6:10am ET
Media
Media Digest (6/12/2012) Reuters, WSJ, NYT, Bloomberg
Apple (NASDAQ: AAPL) will challenge Google (NASDAQ: GOOG) with its own map service. (Reuters) A Manpower Group survey shows that companies in most parts of the world do not want to add…
8:39am ET
Cars and Drivers
Chinese Automakers: Too Many Cars, Not Enough Sales (TM, HMC, GM, F, NSANY, VLKAY)
China’s auto dealers are taking more deliveries of new cars than they can sell. Deliveries totaled 1.28 million vehicles in May, higher than the consensus estimate of 1.22 million and the third…
4:06pm ET
Banking, finance, and taxes
Counter-Take: Will A Moody’s Downgrade Actually Be Good For U.S. Bank Stocks? (DB, GE, F, CS, MS, UBS, BCS, GS, HBC, BAC, NMR)
Moody’s has telegraphed a banking sector review for quite some time, and it has actually been ongoing and the ‘bad news’ should be out very soon. We skipped many of the smaller…
11:42am ET
Energy
Who to Believe: A123 or A123? (AONE, GM, NSANY)
Just last week, A123 Systems Inc. (NASDAQ: AONE) filed a notice with the US SEC regarding the company’s ability to continue as a “going concern.” Nothing much has changed for the company…
Paul Ausick 6:37am ET
Economy
Have America’s Most Crippled Regions Begun to Recover?
The Bureau of Economic Analysis released its data on GDP growth by state for 2011. One of the trends the data show are that many of the states most badly hurt by…
7:39am ET
Industrials
Salesforce Places Big Bet on Social Networks (CRM, FB, GM, LNKD, GOOG, ORCL)
Customer relationship management firm Salesforce.com Inc. (NYSE: CRM) has signed a definitive agreement to acquire privately held Buddy Media for approximately $689 million in cash and stock. The transaction is expected to…
6:39am ET
Media
Media Digest (6/4/2012) Reuters, WSJ, NYT, FT, Bloomberg
The European Union may form a central office of treasury to match the European Central Bank. (Reuters) Ford (NYSE: F) may create brands specific to the Chinese market. (Reuters) The slowing economy…