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...
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Late-traded shares of General Motors Corp. move higher after the automaker submits its long-term business plan to U.S. lawmakers as it works to secure federal loans to keep afloat and eventually return to profitability.
Barchart Stock Chart of the Day – December 2, 2008Inside Futures,IL- 2 hours ago… corporations and has spent 19 years developing and back testing sophisticated trading systems for top Wall Street brokers and commodity trading firms. … Written by "futures trading" - Google News and Powered by WordPress
Tonight I am ensconced in my preferred Portland hotel in anticipation of an early morning presentation. A good opportunity to work in the holiday-decorated lobby bar, listening to Christmas music while logging some quiet work hours throughout the evening. How quickly, however, a quiet evening can become unsettled. A second glass of wine and an inadvertent click on a link brought me to Larry Kud...
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
Allow me to illustrate the simple application of support and resistance to a very short-term trade. First, the chart: As I stumbled downstairs, puppy in hand, I glanced at the ES chart and saw that it had fought its way back up to short-term resistance (see horizontal line). I figured this was a pretty safe place to short, so I sold 20 ES at 834. My initial stop was set to 837, but as the marke...
Filed under: Ford Motor (F), General Motors (GM), Employees, Financial CrisisThe Big 3 CEOs are trying to turn lemons into lemonade.After being pilloried by members of Congress for flying in separate corporate jets to beg for a $25 billion bailout from the federal government, Rick Wagoner of General Motors Co. (NYSE: GM), Ford Motor Co.'s (NYSE: F) Alan Mulally and Robert Nardelli of Chrysler L...
Markets Likely to Keep to the Recent Trading Range - RTTNews Daily … - Trading Markets (press release)
Reuters Markets Likely to Keep to the Recent Trading Range - RTTNews Daily …Trading Markets (press release),CA- 3 hours agoReflecting the tumbling commodity prices, the prices paid index declined to 25.5 from 37 in the previous month. Chris Low from FTN Financial said that the …Video: Stocks Drop Nearly 700 on Recession Confirmation AssociatedPress Global markets drop after US plun...
The New Zealand dollar may face increased selling pressures over the next 24 hours of trading as the RBNZ is widely expected to lower the benchmark interest...
Friedman Billings Ramsey comments on Tessera (NASDAQ:TSRA) after the Administrative Law Judge (ALJ) in the wireless ITC case determined that TSRA's asserted patents are valid but not infringed by the respondents (ATI, Freescale, Motorola, Qualcom, Spansion, ST Micro).FBR notes this is the same judge who (in February 2008) granted the same respondents a stay of motion, which was actually overrul...
