GM (NYSE: GM) has offered buyouts to 3,000 workers at 14 of its plants. Most of these employees have special skills beyond assembly work. Many are electricians and welders. The more seasoned…
The new tax package made it through the first stage of Congressional approval. (Reuters) The federal government began the process of setting higher capital requirements for US banks. (Reuters) China will have…
We have a different cast of characters in this weekend’s UNUSUAL SUSPECTS for the week ahead. Many bits of news and rumors are carrying over from last week into the coming week…
China’s November car sales hit a one-month record. Total cars and light vehicles shipped to dealers reached 1.34 million, up 29% from the same month last year. Sales for the first eleven…
At the annual United Nations sessions on climate issues in Cancun, US energy secretary Steven Chu predicted that electric vehicles powered by batteries will be able to compete more effectively with petroleum-burning…
GM (NYSE: GM) says the miles-per-gallon equivalent that its new Chevy Volt will get depends on how it is driven. The No.1 US car company says “The Volt is a complex vehicle…
Douglas A. McIntyre Reuters: SAP will pay Oracle (NASDAQ: ORCL) $1.3 billion for copyright infringement. Reuters: The FBI sent warnings to a number of more hedge funds. Reuters: The euro fell to two month lows…
These are some of this Tuesday’s key analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Analog Devices Inc. (NYSE: ADI) Reiterated Buy but raised target to $46 at Gleacher…
General Motors Corporation (NYSE: GM) may have been one of the top IPOs of American history. It was also one of the biggest bankruptcies in American history. S&P Equity Research has decided…
German automaker Volkswagen AG (OTC: VLKAY) doesn’t exactly say that it wants to be the world’s largest carmaker. Instead it says that it plans “to make Volkswagen the world’s most future-proof automotive…
Government Motors is now back to being General Motors (NYSE: GM). The taxpayer will start to recollect some of the bailout money, although shares would have to be far far higher for…
General Electric Co. (NYSE: GE) is furthering its ambitions to promote cleaner energy and its Ecomagination initiative, although this is actually a company-wide issue. GE has announced that it will purchase 25,000…
Car manufacturers will announce their domestic sales for October today. Analysts expect them to be good, although that is relative. The annual run rate of US vehicle sales will probably be below…
Today’s corporate America is dominated by service companies, tech firms, and huge retailers which have thousands of locations and hundreds of thousands of workers. At the end of the decade following WWII,…
GM’s largest problem for the IPO seems to be investor skepticism. Late yesterday came the SEC filing paperwork from General Motors for its long awaited initial public offering. There has been a…
