stocks
Tesla Just Reported a $312-Million Profit
Wall Street appears to be happy.
Fiat Chrysler Automobiles Makes Wall Street Debut
Fiat Chrysler Automobiles (FCA) made its Wall Street Debut today. The Italian company is working to shift its focus from Europe to the United States.
Warren Buffett Buys 10 Million Shares of GM
Warren Buffett must have been a wealthy lemming in a past life, because when he dives from a cliff others follow — often into a pit of money. His latest plunge involved acquiring 10 million shares of General Motors, which could signal future strength for the company.
Dan Akerson, CEO of General Motors Buys 10,000 GM Shares
Yesterday, the CEO of General Motors, Dan Akerson purchased $250,500 in shares of the automaker, buying 10,000 shares at $25.05. As of yesterday, Akerson owns 103,600 shares in the company. This last week has seen the worst stock market decline since 2008, with the crash has wiping out more than $6.7 billion from the value of…
Morgan Stanley Replaces Ford With GM As Top Long-Term Stock
Move on over Ford, GM is picking up momentum. According to analysts of Morgan Stanley, General Motors is the better long-term pick among domestic automakers. Morgan Stanley has been especially impressed with the new product cadence at GM, something expected to continue with the introduction of the Chevrolet Sonic and Buick Verano. “We believe GM…
