General Motors Inc. is sort of the anti-Ross Perot, the company that informs you that no matter what the circumstance, it still needs a boatload of money just to make getting up in the morning worth it. The automotive giant (ish) asked for $18 billion in federal loans, one-and-a-half times the size of what it asked for a few weeks ago, amid a 41% decline in auto sales in November. But the thin...
Results 1 - 10 of 1317 for "EURO"
European Commission report on price volatility in agricultural commodities markets recommends talks with US
Calm returned to US and European stock markets, although concerns about the global economic outlook kept credit spreads wide and government bonds in demand
DETROIT/LONDON (Reuters) - The auto industry reeled from further sales declines in the United States as a slowdown that began there showed signs of spreading to Europe, Asia and Africa, forcing automakers to slash production.
Danger To Eurodollar Futures Volumes Seen In Harkin BillEasyBourse.com,France- 51 minutes ago… of derivatives trading onto exchange-traded platforms, putting the instruments under the jurisdiction of the Commodity Futures Trading Commission. … Written by "futures trading" - Google News and Powered by WordPress
The dollar fell against major currencies Tuesday as stocks rallied and investors awaited the expected rate cuts of European central banks.
The euro rally is testing resistance against its counterparts.
Multinational corporations, for several quarters, saw their earnings grow as a result of the weakness of the U.S. dollar. Since the dollar reversed course and began to strengthen in the mid-summer, this advantage has eroded. After reporting third-quarter earnings, the guidance issued by many multinational companies was based on certain assumptions of the dollar’s strength. Some of those c...
Buy, Sell or Hold Insight: GM Remains a High Risk Profit Play – Even as it Files its Turnaround Plan Today
Tue, Dec 2, 11:31 AM ET
With America’s “Big Three” automakers all due to submit turnaround plans to Congress today (Tuesday) – a requirement if General Motor Corp. (GM), Ford Motor Co. (F), and Chrysler Corp., are to receive $25 billion in government loans – I couldn’t help but recall the moment eight years ago when I realized the U.S. auto industry was skidding toward a financial c...
ICE says November futures volume rose 9 percentCNNMoney.com- 5 hours ago… more than offset declines of 5 percent and 45 percent, respectively, in European and Canada as oil trading slowed amid the commodity's slumping prices. … Written by "futures trading" - Google News and Powered by WordPress