General Motors (GM) Gains After Earnings Beat, Seen as a 'Major Step in the Right Direction'

General Motors (GM) Recalls Electric Hummer over Faulty Battery Seal

October 25, 2022 1:39 PM EDT

General Motors (NYSE: GM) has issued a recall for 735 of the companys electric Hummer models and 89 BrightDrop EV600 electric vans after a fault was found in the battery seal that could allow water into the battery pack. If water were to enter the battery pack, the vehicles may... More

CFRA Downgrades General Motors (GM) to Sell

October 25, 2022 8:46 AM EDT

CFRA analyst Garrett Nelson downgraded General Motors (NYSE: GM) from Hold to Sell with a price target of $32.00 (from $36.00).

For an analyst ratings summary and ratings history on General Motors click here. For more ratings news on General Motors click here.

Shares of General Motors closed at $35.72 yesterday.

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GM's strong Q3 results ease investor fears of slowdown

October 25, 2022 6:42 AM EDT

By Joseph White and Paul Lienert

DETROIT (Reuters) -Investors cheered a solid third quarter at General Motors Co as the automaker's performance and confidence tamped down growing fears of a global recession.

GM shares were up nearly 2% in early trading on Tuesday as the company's strong North American truck sales and prices drove a higher quarterly profit that beat analysts' estimates.

While investors have been concerned that a U.S. economic slowdown could hurt demand for new vehicles, Chief Financial Officer Paul Jacobson said on Tuesday: "We havent seen any direct impact on our products. Pricing... More

General Motors (GM) Tops Q3 EPS by 36c

October 25, 2022 6:31 AM EDT

General Motors (NYSE: GM) reported Q3 EPS of $2.25, $0.36 better than the analyst estimate of $1.89. Revenue for the quarter came in at $41.89 billion versus the consensus estimate of $41.72 billion.

GUIDANCE:

General Motors sees FY2022 EPS of $6.50-$7.50, versus the consensus of... More

Stocks expected to have increasing option volume: DFS RRC RTX GE MMM ITW SHW ADM GM

October 25, 2022 5:24 AM EDT

Stocks expected to have increasing option volume: DFS RRC RTX GE MMM ITW SHW ADM GM

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General Motors (GM) Declares $0.09 Quarterly Dividend; 1% Yield

October 24, 2022 4:00 PM EDT

General Motors (NYSE: GM) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.

The dividend will be payable on December 15, 2022, to stockholders of record on December 2, 2022, with an ex-dividend date of December 1, 2022.

The annual yield on the dividend is 1 percent.

For a... More