Stellantis (STLA) to cut 3,500 U.S. jobs
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- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
- One killed, three injured when man attacks Swedish school with sword
GM Releases 2023 First-Quarter Results and Raises Full-Year Guidance
April 25, 2023 6:30 AM EDTDETROIT, April 25, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) today reported first-quarter 2023 revenue of $40.0 billion, net income attributable to stockholders of $2.4 billion and EBIT-adjusted of $3.8Â billion.
GM is also updating its full-year 2023 earnings guidance:
U.S. GAAP net income attributable to stockholders of $8.4 billion-$9.9 billion, compared to the previous outlook of $8.7 billion-$10.1... MoreGeneral Motors and Samsung SDI Plan to Invest More than $3 Billion to Expand U.S. Battery Cell Manufacturing
April 25, 2023 5:00 AM EDTDETROIT and SEOUL, South Korea, April 25, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) and Samsung SDI announced today they plan to invest more than $3 billion to build a new battery cell manufacturing plant in the United States that is targeted to begin... More
GM Declares Quarterly Dividend
April 24, 2023 4:00 PM EDTDETROIT, April 24, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) announced today that its Board of... More
Inclusive Corporate Culture Supports Indigenous STEM Professionals
April 24, 2023 1:00 PM EDTAUBURN HILLS, Mich., April 24, 2023 /PRNewswire/ --
