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Showing 41 - 50 of 85 results for "General Motors"

Market Wrap - Morning

AAP  |  WEDNESDAY, 18 FEB 2009
... Jones industrial average sank near the multi-year lows it reached last November. A big worry on Wall Street is that General Motors Corp and Chrysler LLC might not be able to prove by Tuesday's deadline that they can repay billions of dollars in loans ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 DEC 2008
... America's three biggest automakers within a week. Congress is expected to pass a $15 billion bailout for Ford Motor Co, General Motors Corp, and Chrysler as soon as Tuesday. Major US stock indexes fell last week after a number of negative reports seemed ...

Market Wrap - Morning

AAP  |  FRIDAY, 5 DEC 2008
... All Ordinaries lost 8.4 points, or 0.24 per cent, to 3,468.1. NEW YORK - US stocks fell, pushed down by concern General Motors Corp may file for bankruptcy and a plunge in energy shares following Merrill Lynch & Co's prediction that oil will hit $US25 ...

Three rich beggars

BENJAMIN ONG  |  FRIDAY, 21 NOV 2008
... through 2009. The pie would be divided with US$7 billion each allocated to Chrysler and Ford and the remainder to General Motors. GM said that it has only weeks left before it runs out of cash to meet its financial obligations. The same is true for the ...

Market Wrap - Morning

AAP  |  THURSDAY, 20 NOV 2008
... the session after the automakers pleaded for relief during a second day of hearings in Washington. The heads of General Motors Ford and Chrysler are asking for a massive infusion of cash to prevent millions of layoffs and stave off bankruptcy. Investors ...

Main Street is burning

BENJAMIN ONG  |  TUESDAY, 18 NOV 2008
... is happening not only to the fourth largest bank in the US. Others are also affected. The big three carmakers - General Motors, Ford Motor Co and Chrysler LLC - are kneeling before the Government, cup in hand. Target Corp reported a 24 per cent drop ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 12 NOV 2008
... would be next year. Investors are also jittery as the nation's automakers try to get a bailout from the government. General Motors Corp, whose shares have plunged to 60-year lows, said late on Monday it would cut 1,900 factory jobs on top of the 3,600 ...

Market Wrap - Morning

AAP  |  MONDAY, 10 NOV 2008
... amid relief that a bad report on unemployment wasn't worse and followed dour third-quarter reports from Ford and General Motors, was to be expected as Wall Street experiences a rocky recovery from October's devastating selling. The major indices jumped ...

Market Wrap - Morning

AAP  |  MONDAY, 4 AUG 2008
... workers still face a tough economy. The major indices ended a turbulent week mixed. A massive quarterly loss at General Motors Corp and rising oil prices also gave investors reason to trade cautiously, but the market was considerably calmer than the ...

Market Wrap - Morning

AAP  |  MONDAY, 23 JUN 2008
... reignited investor fears of worse to come. Adding to the pessimism, S&P said it may cut its ratings on Ford Motor Co, General Motors and Chrysler LLC, citing financial damage from high gasoline prices. GM shares fell 6.8 per cent and Ford tumbled 8.1 ...