General Motors (GM) PT Raised to $47 at Benchmark

Go back to General Motors (GM) PT Raised to $47 at Benchmark

General Motors (GM) PT Raised to $43 at Deutsche Bank

November 6, 2020 6:55 AM EST

Deutsche Bank analyst Emmanuel Rosner raised the price target on General Motors (NYSE: GM) to $43.00 (from $35.00) while maintaining a Buy rating.... More

General Motors (GM) PT Raised to $47 at Credit Suisse

November 6, 2020 6:04 AM EST

Credit Suisse analyst Dan Levy raised the price target on General Motors (NYSE: GM) to $47.00 (from $42.00) while maintaining a Outperform rating.... More

General Motors (GM) IV at 44 as shares at upper end of range

November 6, 2020 5:03 AM EST

General Motors (NYSE: GM) 30-day option implied volatility is at 44; compared to its 52-week range of 21 to 188 into November 19 event.

... More

General Motors (GM) PT Raised to $45 at Barclays

November 6, 2020 4:42 AM EST

Barclays analyst Brian Johnson raised the price target on General Motors (NYSE: GM) to $45.00 (from $40.00) while maintaining a Overweight rating.... More

Increasing option volume: PTON SPCE UBER DKNG ZNGA GM

November 6, 2020 4:31 AM EST

Increasing option volume: PTON SPCE UBER DKNG ZNGA GM

... More

Honda doubles profit forecast, boosted by China rebound

November 6, 2020 1:16 AM EST

By Tim Kelly

TOKYO (Reuters) - Honda Motor Co on Friday more than doubled its full-year operating profit forecast as it reported second-quarter earnings grew 28% amid a rebound in China after auto sales were squeezed by the impact of the coronavirus pandemic.

Japan's third-biggest automaker said it now forecasts a full-year operating profit of 420 billion yen ($4.06 billion) up from a previous prediction of a 200 billion yen profit.

That was well above an average estimate for a 254.6... More

Exclusive: GM thinks bigger in China with plan to import full-size SUVs

November 5, 2020 8:02 PM EST

By Yilei Sun and Brenda Goh

SHANGHAI (Reuters) - General Motors Co (NYSE: GM) plans to sell full-size sport-utility vehicle (SUV) models in China for the first time, and will import a range of models to beef up its product lineup into the world's biggest car market, its China chief told Reuters.

The plan would mark a change of tack for GM, which currently produces all of the vehicles it sells in China within the country, which is set to be the only major economy to grow this year amid the COVID-19 pandemic.

... More

GM (GM) CEO Barra Says Carmaker to Reinstate Dividend in Mid-2021 - Bloomberg

November 5, 2020 10:16 AM EST

GM (NYSE: GM) CEO Barra Says Carmaker to Reinstate Dividend in Mid-2021 - Bloomberg

... More

GM (GM) Ramps 6% As Earnings Smash Expectations

November 5, 2020 8:53 AM EST

Shares of General Motors (NYSE: GM) are up 5.6% in premarket trading Thursday after the company reported much better earnings compared to Streets expectations.

Adjusted EPS came in at $2.83 per share to blow past $1.38 expected from the market analysts. Revenue was reported at $35.48 billion vs $35.51 expected.

This year, and the third quarter, is a testament to GMs resilience. We entered the pandemic in a... More

GM (GM) CEO Says Continuing Talks with Nikola (NKLA) - CNBC

November 5, 2020 8:40 AM EST

GM (NYSE: GM) CEO Says Continuing Talks with Nikola (NASDAQ: NKLA) - CNBC

... More

GM to boost spending on EVs, funded by expanded pickup production

November 5, 2020 7:38 AM EST

By Ben Klayman and Rachit Vats

(Reuters) - General Motors Co (NYSE: GM) Chief Executive Mary Barra said Thursday the automaker will boost capital spending over the next three years to speed development of electric vehicles, funded by expanded production of high-profit pickup trucks in North America.

Barra said GM was talking with automakers about partnerships to develop more vehicles using GM's battery technology.

GM plans EVs "across our brands ... into affordable high volume segments," she said.

The automaker's EV push is being funded by robust profit from sales... More

General Motors (GM) Tops Q3 EPS by $1.45

November 5, 2020 7:31 AM EST

(Updated - November 5, 2020 7:31 AM EST)

General Motors (NYSE: GM) reported Q3 EPS of $2.83, $1.45 better than the analyst estimate of $1.38. Revenue for the quarter came in at $35.5 billion versus the consensus estimate of $35.51 billion.

EPS-diluted of $2.78, and EPS-diluted-adjusted of $2.83

EPS-diluted-adjusted includes a $0.05 gain from... More

General Motors (GM) November weekly 136 calls active into quarter results

November 4, 2020 10:59 AM EST

General Motors (NYSE: GM) November weekly call option implied volatility is at 76, November is at 51; compared to its 52-week range of 21 to 187 into the expected release of quarter results before the bell on November 5. Call put ratio 7.2 calls to 1 put with focus on November 36 calls.

... More