The GM stock price climbed 0.6% to $35.66 Thursday as the Detroit automaker prepares to sell its first Chinese-built car in the United States. The GM stock price has now climbed 19.2% in the last three months.
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General Motors streetcar conspiracy theorists believe that the electric tram didn't die a natural death; rather, it was murdered by GM and the savviness of one innovative businessman.
This evil entrepreneur had one thing on his mind: monopolizing American surface transportation.
In stock market news today, April 23, 2015, U.S. stock futures forecasted a 21-point decline from Wednesday's close.
The DJIA slid 60 points as corporate earnings continue to show the effects of a strong U.S. dollar. The dollar has surged more than 9% year to date and punished companies with a broad international focus and reliance on overseas sales. The Nasdaq moved 19 points higher on news of a proposed biotech merger.
Most investors check on the Dow Jones Industrial Average at the end of every trading day, if not more frequently.
Over its 119-year history, the DJIA has become synonymous with the markets. But while investors big and small rely on the Dow Jones to measure how well or how poorly stocks are doing, how much do most people really know about it?
The GM recall cover-up was a tragic case stemming from neglect. The company knew about the issue since 2001! Now 51 people have died.
Unfortunately, this isn't the first incidence of major recall cover-ups.
U.S. auto sales were up big in 2014 and are expected to stay strong in 2015:
Oil prices have collapsed and are expected to stay low, fueling demand for pickup trucks, SUVs and RVs...
The average age of the U.S. auto fleet is at a record high 11.4 years while the average age of a full-size pickup truck is an even older 12.5 years according to industry analysts Polk....
Auto financing is readily available...
Indeed, all the signs of a boom time for the American auto industry appear aligned, yet auto stocks are trading at depressed values compared to the rest of the stock market.
Dear General Motors (NYSE: GM),
It's been a really bad 2014. Between recalls and lies, we're not surprised GM stock's dropped more than 25%.
Stock market today, October 3, 2014: U.S. stock market futures were up this morning (Friday), after U.S. crude oil prices fell to the lowest price in nearly 18 months on Thursday, and the S&P 500 Volatility Index (VIX) - which gauges fear in the market - dropped by 3%.
Stock market news today, September 12, 2014: A light economic schedule that includes an update on U.S. retail prices is in store today (Friday). In Europe, gold prices were down a little more than $1 per ounce, while Brent crude prices were up more than $1 a barrel. Investors grow more cautious ahead of the U.S. Federal Reserve meeting next week - many have suggested the central bank will take a more hawkish approach toward interest rates at the Federal Open Market Committee meeting. Despite the concern, the U.S. dollar is at a six-year high against the Yen.
While commodities have been dominating our best stocks to buy lists lately, that's not the only asset hitting our radar...
Our new best stocks list includes a blue chip giant that's beating the broader market by roughly 50%, five small-cap stocks on the rise, and one generic drug-maker to buy now.
Our warning column on General Motors Co. (NYSE: GM) really seemed to resonate with you folks.
It generated a lot of emotion, eliciting some personal experiences from and even a few suggestions that we recommend "shorting" the stock.
I cannot overstate what a big role General Motors (NYSE: GM) has played in my life. So, it saddens me when I see the headlines about recalls over the past few years - this year alone, about 29 million worldwide.
Many on Wall Street and in the mainstream financial media are saying this is a "Buy" opportunity.
Yesterday (Monday), General Motors (NYSE: GM) recalled 8.45 million more vehicles. The latest round means GM has set a new record for U.S. automaker vehicle safety fixes in a calendar year at 29 million - it's now recalled nearly 3% of the world's total cars.
General Motors Co. (NYSE: GM) announced another set of recalls this week that brings the company's 2014 recall total to 44, covering nearly 18 million vehicles.
But amid the continuing recall fiasco, GM stock has actually gained 5% in the last three months. So does that make GM stock a buy now?
Money Morning's Defense and Tech Specialist Michael A. Robinson joined FOX Business' "Varney & Co." today (Tuesday) and discussed how he would play GM stock given the recent news and the stock's performance.
Take a look...