Watch for General Motors to Potentially Rebound After Falling 3.79% Yesterday
Comtex SmarTrend(R) - 0 mins ago
General Motors (NYSE:GM) traded in a range yesterday that spanned from a low of $28.46 to a high of $29.04. Yesterday, the shares fell 3.8%, which took the trading range below the 3-day low of $29.27 on volume of 10.0 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.
GM: 28.38 (-1.44)
General Motors Poised on Strategic Initiatives amid Headwinds
Zacks Equity Research - Zacks Investment Research - Fri Jun 24, 8:12AM CDT
On Jun 23, 2016, we issued an updated research report on General Motors Company (GM).
GM: 28.38 (-1.44), SUP: 25.85 (-1.71), OSK: 45.88 (-2.76), LEA: 104.85 (-11.02)
GM plans $290 million investment in Corvette plant
AP - Fri Jun 24, 8:09AM CDT
BOWLING GREEN, Ky. (AP) — Kentucky officials say General Motors Corp. plans to invest $290 million at the automaker's Corvette plant in Bowling Green.
GM: 28.38 (-1.44)
AP Sources: VW to pay near $10.2B to settle emissions claims
By TOM KRISHER and MICHAEL BIESECKER - AP - Thu Jun 23, 3:52PM CDT
DETROIT (AP) — Volkswagen will spend about $10.2 billion to settle an emissions cheating scandal in the U.S. that has turned into one of the largest cases of corporate deception in the nation's history.
GM: 28.38 (-1.44)
New Stock Research Reports for June 23, 2016
Sheraz Mian - Zacks Investment Research - Thu Jun 23, 12:51PM CDT
New Stock Research Reports for June 23, 2016
ISRG: 644.29 (-17.03), F: 12.52 (-0.88), IBM: 146.78 (-8.57), MET: 39.44 (-4.73), GM: 28.38 (-1.44), WY: 27.76 (-1.76), SRE: 110.36 (-0.72), AAPL: 93.48 (-2.62)
CORRECTING and REPLACING Hagens Berman: GM Latest Automaker Hit by Diesel Emissions Lawsuits, Chevy Cruze Owners Sue
BusinessWire - Wed Jun 22, 1:51PM CDT
Please replace the release with the following corrected version due to multiple revisions to the bulleted information.
GM: 28.38 (-1.44)
Car quality improves even as new technology is introduced
By TOM KRISHER - AP - Wed Jun 22, 1:37PM CDT
DETROIT (AP) — Despite adding sophisticated electronic safety features and touch screens that once were prone to glitches, most automakers improved their reliability scores this year in an annual survey of new-car buyers.
GM: 28.38 (-1.44)
Verizon to Strengthen Foothold in Connected Vehicle Market
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 10:03AM CDT
Verizon Communications Inc. (VZ) has decided to acquire privately held Telogis Inc., a developer of cloud-based solutions for mobile workforces, specifically telematics, compliance and navigation software.
T: 41.58 (-0.30), F: 12.51 (-0.89), GM: 28.38 (-1.44), VZ: 54.49 (-0.18)
Microchip's MOST Solution Installed in General Motors Cars
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 9:44AM CDT
Microchip (MCHP) recently announced that General Motors (GM) is using its Media Oriented Systems Transport (MOST) Intelligent Network Interface Controllers (INICs) to run the infotainment system networking functions in its global compact car platform.
MTSI: 32.99 (-1.74), SLAB: 47.26 (-3.44), MCHP: 50.50 (-2.34), GM: 28.38 (-1.44)
eBay Adds Lyft Co-founder & CEO Logan Green to its Board
Zacks Equity Research - Zacks Investment Research - Wed Jun 22, 9:41AM CDT
E-commerce giant eBay Inc. (EBAY) on Tuesday announced the inclusion of Lyft co-founder and CEO Logan Green to its board.
AMZN: 700.25 (-21.83), EBAY: 23.16 (-1.69), GM: 28.38 (-1.44), PYPL: 35.10 (-1.56)
Boeing says it signs historic sales agreement with Iran Air
By JON GAMBRELL and NASSER KARIMI - AP - Tue Jun 21, 11:37PM CDT
DUBAI, United Arab Emirates (AP) — Boeing Co. said Tuesday it signed an agreement with Iran Air "expressing the airline's intent" to buy its aircraft, setting up the biggest business deal between the Islamic Republic and America since the 1979 U.S. Embassy takeover in Tehran — if it goes through.
GM: 28.38 (-1.44), BA: 126.50 (-7.05)
Dominion Dealer Solutions' Dealer Management System Now Integrated with General Motors' Vehicle Invoice Service
BusinessWire - Tue Jun 21, 8:30AM CDT
Dominion Dealer Solutions announced today that Dominion ACCESS(R), a fully-integrated dealer management system, has become the first automotive DMS provider to achieve General Motors' Vehicle Invoice Service (VIS) version 2.2 integration. Through this integration, GM provides inventory management support to its dealers, allowing them to stock vehicles and post their values from invoices downloaded to Dominion ACCESS.
GM: 28.38 (-1.44)
GM Financial Kicks off Summer Elite Sales Series across North America
BusinessWire - Tue Jun 21, 8:00AM CDT
GENERAL MOTORS FINANCIAL COMPANY, INC. recently kicked off its annual elite sales series, which gives auto dealers exclusive access to hundreds of the best pre-owned GM vehicles at a series of one-day sales across the U.S., and for the first year ever, Canada. Known for its creative marketing campaign each year, this year's series theme, 2016 Summer Lanes, is a nod to the upcoming summer Olympics in Rio de Janeiro and includes unique promotional features, including a 60-second video advertisement, social media campaign and exciting prize packages and a Buick Enclave giveaway.
GM: 28.38 (-1.44)
General Motors Global Compact Car Platform Now Includes Microchip's MOST50 Automotive Infotainment Networking Solution
PR Newswire - Tue Jun 21, 7:03AM CDT
Microchip Technology Inc. (NASDAQ: MCHP), a leading provider of microcontroller, mixed-signal, analog and Flash-IP solutions, today announced that General Motors (GM) is using Microchip's Media Oriented Systems Transport (MOST®) Intelligent Network Interface Controllers (INICs) to manage the infotainment system networking functions in their global compact car platform. This includes the Chevy Cruze, Chevy Volt, Opel Astra, Buick Excelle and Buick Verano. In addition to these GM compact cars, the synchronous, flexible, and cost-effective MOST networking technology has also been implemented in GM mid-size, full-size, performance, cross-over and SUV, truck, and luxury platforms across all vehicle brands.
MCHP: 50.50 (-2.34), GM: 28.38 (-1.44)
Toyota's US robotics boss promises results within 5 years
By YURI KAGEYAMA - AP - Sun Jun 19, 11:46PM CDT
TOKYO (AP) — The U.S. robotics expert tapped to head Toyota's Silicon Valley research company says the $1 billion investment by the giant Japanese automaker will start showing results within five years.
GM: 28.38 (-1.44), TM: 104.02 (-5.93)
Alkane Truck Company expects $500 Million in international sales of its clean-burning Alkane Dominator™
PRWeb - Sat Jun 18, 6:00PM CDT
Alkane Truck Company announced that it expects the sale of the 4WD Alkane Dominators to exceed $500 Million by the last quarter of 2020. A large market the company is pursuing is specialty applications, such as police, fire and rescue, border patrol, forestry, wildlife and other similar government applications where challenging road conditions and rugged terrain might present issues for standard equipment.
GM: 28.38 (-1.44)
Navistar to Gain from Innovative Products & Strategic Efforts
Zacks Equity Research - Zacks Investment Research - Thu Jun 16, 7:36AM CDT
On Jun 15, 2016, we issued an updated research report on Navistar International Corporation (NAV).
GM: 28.38 (-1.44), NAV: 11.76 (-1.38), SUP: 25.85 (-1.71), LEA: 104.85 (-11.02)
Holy Land Principles Challenges GM
PR Newswire - Wed Jun 15, 9:03AM CDT
One of the world's largest auto makers -- producing vehicles in 37 countries-- has for the first time in its history been challenged on its fair employment in Israel/Palestine.
GM: 28.38 (-1.44)