|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's range||39.44 - 40.01|
|52-week range||30.56 - 45.00|
|Beta (3Y monthly)||1.03|
|PE ratio (TTM)||7.23|
|Earnings date||30 Apr 2019|
|Forward dividend & yield||1.52 (3.85%)|
|1y target est||47.14|
As their company was swirling around the financial drain in the early 2000s, General Motors executives came up with an idea to counter its gas-guzzling image and point the way to transportation of the future: an electric car with a gas-engine backup that could travel anywhere. At Detroit's auto show in 2007, they unveiled the Chevrolet Volt concept car, not knowing yet whether they had the technology to pull off a major breakthrough in battery-powered vehicles. GM had hopes that customers would be ready for a car that could go 38 miles on electricity before a small internal combustion generator kicked in.
Will Trump Seal a US-China Trade Deal Next Month?The US marketThis afternooon, the NASDAQ Composite Index (QQQ) and Dow Jones Industrial Average (DIA) appear to be on their way to ending their ninth consecutive week in positive territory. At 2:32 PM
General Motors is extending the life of its only Detroit factory until early next year. The plant on the border of Detroit and the hamlet of Hamtramck was to stop making vehicles as of June 1. The factory is one of five that GM plans to shutter as part of a restructuring to cut costs and reduce underused plants.
Elon Musk’s Twitter Habits Could Get Him into Trouble—Again(Continued from Prior Part)Tesla in ChinaIn the previous article, we looked at Tesla’s (TSLA) plans to expand in the Chinese market (XLY) despite its ongoing struggle in the country.
Elon Musk’s Twitter Habits Could Get Him into Trouble—Again(Continued from Prior Part)Tesla’s fourth quarterIn the previous article, we looked at electric carmaker Tesla’s (TSLA) recent stock price movements. In the fourth quarter of 2018,
Could Trump’s '6G' Innovation Save US Tech Companies?Donald Trump’s tweetsDonald Trump’s battle with the US media is ongoing, with much of it comprising insults being lobbed back and forth—earlier today, Trump tweeted a meme on CNN’s
General Motors Co said on Friday it had extended the production at its Detroit Hamtramck plant until January 2020, against an earlier plan to discontinue production in June this year. The No.1 U.S. automaker is revamping its operations, which include plant closures and thousands of job cuts, as it looks to boost profitability in the wake of declining U.S. auto sales. The Hamtramck plant will continue to produce the Chevrolet Impala and Cadillac CT6 sedans until early next year, the company said.
Zacks.com featured highlights include: Mallinckrodt, Dell, American Axle, Daqo and General Motors
Century Aluminum Posted a Loss despite Trump’s TariffsCentury AluminumOn February 21, Century Aluminum (CENX) released its fourth-quarter earnings after the markets closed. The company posted an adjusted net loss of $40.7 million in the fourth
Canada's Magna International Inc said on Friday profits beat market forecasts as a big spike in vehicle assembly work more than offset declining global auto production in the fourth quarter. Shares of Magna popped 3.8 percent higher after the world's third-biggest auto supplier said profits fell less than analysts had feared in the latest quarter, partly reflecting a lower share count from its buyback program.
General Motors Co Chief Executive Mary Barra will not come before Canadian legislators to answer questions about the automaker's future in the country, but lower-ranking executives will appear, a lawmaker said on Thursday. GM said in November it would close its Oshawa, Ontario, assembly plant by year-end, part of a broad restructuring affecting four other plants in the United States, as it cuts costs and invests in electric and self-driving vehicles.
Consumer Reports on Thursday pulled a recommendation for Tesla Inc's Model 3, citing reliability problems, and the influential U.S. magazine turned up the pressure on other automakers to include crash-avoiding automatic braking as standard equipment. The magazine's decision to withdraw its endorsement for the Tesla Model 3 less than nine months after recommending the electric sedan highlighted questions about quality that Tesla has faced since the vehicle's difficult launch. Tesla shares fell 3.4 percent to $292.19 in afternoon trading Thursday on the Nasdaq.
U.S. President Donald Trump's administration has formally ended talks with California over federal plans to roll back fuel economy rules, the White House said on Thursday, setting the stage for what could be a lengthy legal fight over the state's ability to regulate greenhouse gas emissions. California could be joined in any court fight by 12 other states that have adopted its standards and want stricter rules to fight climate change. Several other states have also demanded the administration abandon its August proposal to freeze federal fuel efficiency standards after 2020 and take away California's ability to impose stricter emissions rules.
The fourth quarter stock plunge was the perfect buying opportunity for value investors. Did Berkshire Hathaway's portfolio jump in to buy?
Has Trump Managed to Breach the Great Wall of China?(Continued from Prior Part)Seven pointsAs noted in the previous article, US-China trade talks seem to be making progress, which is evident in China’s (EEM) (FXI) recent statements. The country
One of the most promising new trends is the intersection of transportation, computers and clean energy in the form of autonomous electric cars. That's why we bring you the best stocks to play the autonomous vehicle revolution.
Jerry Dias, the leader of Canada's auto union, is unsparing in his rhetorical attacks on General Motors Co's decision to close its Oshawa, Ontario, assembly plant and lay off thousands of union workers by year-end. Dias promised "drastic measures" to compel GM to extend production of sedans and pickups, including the Silverado, to Sept. 21, 2020, when the current labor contract expires.