GM plans to cut 500 Mich. jobs
at Investor's Business Daily - 48 mins ago
The automaker said that in Jan., it will cut its 2nd shift at its small-car Orion Assembly plant in suburban Detroit, reflecting the shift from passenger cars to SUVs and trucks. General Motors (GM) said most workers will be offered positions at...
GM: 35.95 (+0.53)
Auto Zone: Apple CEO, Ferrari IPO, Unreliable Tesla
at Investor's Business Daily - 1 hr 59 mins ago
The Ferrari (RACE) IPO, Tesla Motors' (TSLA) reliability and Apple 's (AAPL) interest in injecting its technology into autos were among the industry highlights. Consumer Reports Dings Tesla Tesla generated buzz when it began downloading to customers...
TSLA: 209.09 (-2.63), F: 15.67 (+0.09), GM: 35.95 (+0.53), GOOGL: 719.33 (+38.19), FCAU: 15.37 (+0.13), MBLY: 47.00 (+0.25), AAPL: 119.08 (+3.58), RACE: 56.38 (-0.37)
Few Can Grab Big-Cap Coattails
at The Street - Fri Oct 23, 3:15PM CDT
Another good day, but it's a narrow market.
AMZN: 599.03 (+35.12), GE: 29.51 (-0.07), VRX: 116.16 (+6.29), AXP: 74.59 (+2.09), SKX: 31.64 (-14.55), VFC: 63.75 (-9.46), WHR: 145.90 (-13.91), T: 33.74 (-0.22), SPY: 207.51 (+2.25), IBM: 144.68 (+0.59), TGT: 72.94 (-4.17), SRCL: 120.31 (-28.73), MCD: 112.59 (+1.72), GM: 35.95 (+0.53), GOOGL: 719.33 (+38.19), MSFT: 52.87 (+4.84)
Now It's General Motors' Turn to Face the Union
John Rosevear, The Motley Fool - Motley Fool - Fri Oct 23, 2:05PM CDT
Workers assemble a Chevrolet Corvette at a GM factory in Bowling Green, Kentucky. The UAW is focusing its efforts on completing a new four-year labor agreement with GM. Image source: General Motors On to the General: The United Auto Workers (UAW)...
F: 15.67 (+0.09), GM: 35.95 (+0.53), TM: 125.74 (+0.51), FCAU: 15.37 (+0.13)
Domino's' Pizza Delivery Vehicle to Hit 25 US Markets Soon
Zacks Equity Research - Zacks Investment Research - Fri Oct 23, 12:51PM CDT
Domino's Pizza, Inc. (DPZ) recently announced the launch of DXP (Delivery Expert), a specially designed pizza delivery vehicle.
JACK: 74.73 (+0.21), GM: 35.95 (+0.53), DPZ: 104.10 (+0.14), DRI: 63.91 (-0.18)
GM Stock Up as UAW Turns Its Attention to Detroit Carmaker
at The Street - Fri Oct 23, 12:48PM CDT
GM stock is increasing after the United Auto Workers union announced it will focus on a new contract with GM after workers approved the Fiat Chrysler (FCAU) contract.
GM: 35.95 (+0.53)
Early Market Euphoria Has Cooled Off
at The Street - Fri Oct 23, 10:25AM CDT
But there are a lot of dip buyers out there.
AMZN: 599.03 (+35.12), GE: 29.51 (-0.07), VRX: 116.16 (+6.29), AXP: 74.59 (+2.09), SKX: 31.64 (-14.55), T: 33.74 (-0.22), SPY: 207.51 (+2.25), IBM: 144.68 (+0.59), SRCL: 120.31 (-28.73), MCD: 112.59 (+1.72), GM: 35.95 (+0.53), GOOGL: 719.33 (+38.19), MSFT: 52.87 (+4.84)
GM's Work Shift Cut in Michigan Is Sign of Waning Demand for Small Cars
at The Street - Fri Oct 23, 9:50AM CDT
GM's assembly plant in Orion Township, Mich., was a showcase for the Obama administration, which has favored U.S. assembly of small cars instead of imports from Mexico and overseas.
GM: 35.95 (+0.53)
GM cuts 2nd Orion Assembly plant shift; 500 layoffs planned
AP - Fri Oct 23, 9:31AM CDT
ORION TOWNSHIP, Mich. (AP) — General Motors Co. says it's cutting the second shift at its Orion Assembly plant in suburban Detroit in a move that's expected to result in about 500 hourly worker layoffs.
GM: 35.95 (+0.53)
General Motors Leads Ford Stock in the Earnings Grand Prix -- So Far
at The Street - Fri Oct 23, 7:51AM CDT
General Motors beat analysts’ earnings estimates on Wednesday, accelerating past Ford Motor, which releases its own earnings results before the opening bell on Tuesday.
F: 15.67 (+0.09), GM: 35.95 (+0.53)
I Would Not Chase This Rocket Ship Open
at The Street - Fri Oct 23, 6:12AM CDT
Act incrementally and you'll catch some momentum.
T: 33.74 (-0.22), AMZN: 599.03 (+35.12), GE: 29.51 (-0.07), AXP: 74.59 (+2.09), IBM: 144.68 (+0.59), GM: 35.95 (+0.53), MCD: 112.59 (+1.72), GOOGL: 719.33 (+38.19), MSFT: 52.87 (+4.84)
GM's Detroit-Hamtramck Assembly to Add Second Shift and More Than 1,200 Jobs
M2 - Fri Oct 23, 5:50AM CDT
General Motors is nearly doubling its workforce at Detroit-Hamtramck Assembly by adding a second shift and more than 1,200 hourly and salaried jobs.
GM: 35.95 (+0.53)
Tech companies face rocky road on the way to making cars
By BREE FOWLER - AP - Fri Oct 23, 12:30PM CDT
NEW YORK (AP) — Silicon Valley may think it can build a better car. But should it?
GM: 35.95 (+0.53), TM: 125.74 (+0.51), GOOGL: 719.33 (+38.19), GOOG: 702.00 (+50.21), AAPL: 119.08 (+3.58)
Fiat-UAW pact sets the tone
at Investor's Business Daily - Thu Oct 22, 6:16PM CDT
After months of wrangling, a new contract that Fiat Chrysler Automobiles (FCAU) hammered out with the UAW has been ratified. It will lead to the elimination of a 2-tier wage system the UAW has fought to kill and set a precedent for ongoing UAW talks...
F: 15.67 (+0.09), GM: 35.95 (+0.53), FCAU: 15.37 (+0.13)
What the UAW's Deal Means for Fiat Chrysler and Its Rivals
John Rosevear, The Motley Fool - Motley Fool - Thu Oct 22, 6:03PM CDT
UAW-represented workers at Fiat Chrysler Automobiles voted to approve their new contract this week, the union announced on Thursday. Image source: Fiat Chrysler Automobiles Bullet dodged: U.S. factory workers at Fiat Chrysler Automobiles have...
F: 15.67 (+0.09), GM: 35.95 (+0.53), FCAU: 15.37 (+0.13)
General Motors
at Investor's Business Daily - Thu Oct 22, 6:02PM CDT
General Motors (GM) will create a 2nd shift with 1,200 workers at its Detroit-Hamtramck plant next year, a move intended to help meet demand anticipated for cars made there, Reuters reported.
GM: 35.95 (+0.53)
Voice-command systems in
at Investor's Business Daily - Thu Oct 22, 5:52PM CDT
Voice-command systems in cars are still distracting. The AAA Foundation for Traffic Safety found that drivers take up to 27 seconds to turn their full attention back to driving after using voice commands to make a call or turn on the radio. The study...
F: 15.67 (+0.09), GM: 35.95 (+0.53)
Fiat Chrysler-UAW Pact Sets Precedent For GM, Ford
at Investor's Business Daily - Thu Oct 22, 3:38PM CDT
After months of wrangling, a new contract that Fiat Chrysler Automobiles (FCAU) hammered out with the United Auto Workers has been ratified. The contract will lead to eliminating a two-tier wage system that the UAW fought hard to kill. The agreement...
TSLA: 209.09 (-2.63), F: 15.67 (+0.09), GM: 35.95 (+0.53), FCAU: 15.37 (+0.13)
Dow Chemical and eBay are big market movers
AP - Thu Oct 22, 3:28PM CDT
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
KO: 42.79 (-0.45), VRX: 116.16 (+6.29), AXP: 74.59 (+2.09), BA: 146.70 (+0.39), CTXS: 81.14 (+0.56), VRX.TO: 152.69 (+8.64), SWK: 106.05 (+0.58), LRCX: 74.57 (+1.96), CMG: 649.72 (-0.90), TXN: 58.98 (+0.89), GM: 35.95 (+0.53), DOW: 50.32 (+0.40), SNDK: 78.37 (+1.28)
UAW approves new contract with Fiat Chrysler
By TOM KRISHER and DEE-ANN DURBIN - AP - Thu Oct 22, 3:18PM CDT
DETROIT (AP) — The United Auto Workers union has approved a new four-year contract with Fiat Chrysler and now will turn its attention to bargaining with General Motors.
F: 15.67 (+0.09), GM: 35.95 (+0.53)