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Bernstein downgraded GM stock to Market Perform from Outperform and cut its price target slightly to $53 from $54.50. GM shares were down over 2% in early trading on Monday. While a $10 billion ...
General Motors chair and CEO Mary Barra served up a big message to investors on Wednesday. ... The automaker today uncorked a new $10 billion stock buyback plan, and tacked on a 33% dividend ...
Loaded 0%. GM (GM) reported third quarter sales in the US that were lower compared to a year ago, though retail sales climbed higher and EV sales hit a fresh record. For the quarter, GM delivered ...
The stock closed Monday at $47.57, up about 32.4% this year. The announced buyback plans come amid uncertainty surrounding the adoption of all-electric vehicles, which GM has bet heavily on, and ...
GM stock jumps 7.8% on Q4 sales and profit beat, bullish 2024 profit outlook ... 2024 at 4:58 PM. General Motors ... Read the latest financial and business news from Yahoo Finance. Show comments.
General Motors Company (GM) [2] is an American multinational automotive manufacturing company headquartered in Detroit, Michigan, United States. [3] The company is most known for owning and manufacturing four automobile brands: Chevrolet, Buick, GMC, and Cadillac.
The Renaissance Center in Detroit, Michigan, is the world headquarters of General Motors.. The history of General Motors (GM), one of the world's largest car and truck manufacturers, dates back more than a century and involves a vast scope of industrial activity around the world, mostly focused on motorized transportation and the engineering and manufacturing that make it possible.
For the quarter, GM reported: Revenue: $43.1 billion vs. $40 billion expected. Adjusted EPS: $2.12 vs. $1.69 expected. On the profitability front, GM reported adjusted EBIT (earnings before ...