General Motors : GM

Media Digest 4/30/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, Bank of America (BAC) shareholders voted to separate the chairman and CEO roles and Ken Lewis was…

If The Government Owns The Car And Bank Industries, How Does It Get Money Back? (BAC)(C)(GM)(TM)

By the middle of the year, the federal government will own large, and in some cases, controlling interests, in two car…

When The Government Funds Companies To Fire People

GM (GM) must fire another 21,000 factory workers, as part of a plan to get an additional $11.6 billion in…

Media Digest 4/29/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, world health officials are fighting to contain the new flu. Reuters reports that the government may be…

Is GM (GM) Worth $130 Billion?

On news that GM (GM) has put together a new and very aggressive restructuring program, its shares are higher by…

GM (GM) Shares Jump On Plans To Hammer Bondholders

GM (GM) has decided to go for all or nothing with its bondholders. They can swap their debt of stock,…

When Does GM (GM) Get Too Small To Survive

Media Digest 4/28/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, a new generation of netbooks may reshape the PC industry. Reuters reports that concerns about swine flu…

The Top Ten Stocks For Short Sellers (MSFT)(INTC)(SIRI)(F)(AIG)(C)

Short selling is among the most controversial investment practices and has been blamed for sharp sell-offs in the stocks of a number…

Government Slips Another $2 Billion Into GM’s (GM) Pocket

It makes the federal government look weak. GM (GM) got another $2 billion to stay afloat while it negotiates with…

Auto Future: ‘The Big 3’ Becomes ‘The Big 2’ (F, GM, DAI)

“The Big 3” is now likely more than ever about to become a term of the past.  Chrysler looks like…

Media Digest 4/24/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, tech giants reported reasonable earnings for last quarter because of cost cutting and a resilience in a…

Treasury Talks With Chrysler May Foul Up GM (GM) Negotiations

The Treasury has started to sweeten terms for Chrysler creditors in an attempt to keep the car company out of…

Media Digest 4/23/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, a bill to restrict credit card charges cleared a key committee in Congress. Reuters reports that Ken…

GM (GM) Won’t Make $1 Billion Debt Payment On June 1, Shares Trade Flat

Missing a $1 billion debt payment should be bad news. According to The Wall Street Journal, GM’s (GM) CFO said…