Items Tagged with 'General Motors'
GM China Sales Increase 11.3%
On January 14, 2013, Supported by unprecedented demand for all of their major brands, General Motors (NYSE: GM) and its joint ventures sold a record 2,836,128 vehicles in China in 2012. Sales increased 11.3 percent from 2011.
GM Report Record Sales
On January 14, 2013, Chevrolet, the world’s-fastest growing major automotive brand, sold more than 4.95 million vehicles in 2012, setting a global sales record and driving General Motors Co. (NYSE: GM) global sales to more than 9.2 million vehicles, a 2.9 percent gain compared with 2011.
December Best Retail Sale Month for GM
On January 3, 2013, General Motors Co.’s (NYSE: GM) U.S. dealers delivered the company’s highest December sales in five years, with deliveries up 5 percent year over year to 245,733 vehicles.
GM to Buy Back $5.5 billion in Stock
On December 19, 2012, General Motors (NYSE: GM) said it will purchase 200 million shares of GM common stock held by the U.S. Department of the Treasury for $5.5 billion, or $27.50 per share.
GM Reports Second Quarter Net Income of $1.5 Billion
On August 2, 2012, General Motors Co. (NYSE: GM) announced second quarter 2012 financial results.
GM June U.S. Sales Up 16%
On July 3, 2012 General Motors Co. (NYSE: GM) reported June 2012 sales.
GM Evaluates Strasbourg Sale Options
On May 9, 2012, General Motors (NYSE: GM) is conducting a comprehensive strategic review of its Strasbourg (France) transmission operations for potential sale.
GM Reports Slight Quarterly Revenue Increase
On May 3, 2012, General Motors Co. (NYSE: GM) announced first quarter net income attributable to common stockholders of $1.0 billion, or $0.60 per fully diluted share.
GM April Fleet Sales Decrease 25%
On May 1, 2012, General Motors Co. (NYSE: GM) reported April sales of 213,387 vehicles in the United States.
GM Declares Dividend on Preferred Stock
On April 18, 2012, General Motors (NYSE: GM) announced that its Board of Directors has
approved a quarterly dividend of $0.59375 per share on its Series B mandatory convertible junior
preferred stock. Read More
Learn George Putnam's Turnaround Secrets
Turnaround Investing Blog
Investors have newfound enthusiasm for domestic economic growth, as a Trump presidency could bring new infrastructure spending, lighter regulatory burdens and lower corporate taxes. While the distance between campaign promises and corporate profits can be vast, we agree with the market’s general assessment of how government policies might change.
Market-Beating Profit: The 200+ Club
Turnaround stocks present a unique opportunity for savvy investors to buy in at bargain prices. Take a look at this list of just a few of our purchase recommendations that have realized a return rate of 200% or better:
* Bristow remains in our active portfolio (currently as a Hold), and 2,057% gain is as of 11/9/16.
Bet on These Battered Stocks
Chicago Tribune highlighted this Kiplinger's Money Power write-up on George's contrarian investing approach and The Turnaround Letter's April 2016 monthly turnaround stock pick.
Darren Fonda notes, "…besieged stocks often start to recuperate as the headlines fade and investors anticipate a return to precrisis sales and profits. The trick, of course, is to find companies that are more likely to rebound from a setback than collapse entirely."
Learn more about Putnam's turnaround investing strategy.
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