Items Tagged with 'General Motors'

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GM China Sales Increase 11.3%

General Motors Has Another Record Year in China

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.


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GM Report Record Sales

Chevrolet Expands Global Reach with Record 2012 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.


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December Best Retail Sale Month for GM

GM’s U.S. Sales up 5 percent in December

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.


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GM to Buy Back $5.5 billion in Stock

GM to Buy Back Stock from U.S. Treasury Department

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.


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GM Reports Second Quarter Net Income of $1.5 Billion

General Motors Financials Released

On August 2, 2012, General Motors Co. (NYSE: GM) announced second quarter 2012 financial results.


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GM Evaluates Strasbourg Sale Options

General Motors Review Announced

On May 9, 2012, General Motors (NYSE: GM) is conducting a comprehensive strategic review of its Strasbourg (France) transmission operations for potential sale.


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GM Reports Slight Quarterly Revenue Increase

General Motors Financials Reported

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.


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GM April Fleet Sales Decrease 25%

General Motor Sales Release

On May 1, 2012, General Motors Co. (NYSE: GM) reported April sales of 213,387 vehicles in the United States.


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George Putnam's Favorite Stocks for 2016

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Distressed Investing Blog

Distressed Investing Blog

Focus on Core Business Operations

Selecting a turnaround stock with solid profit potential can almost be considered an art form in itself. As noted in our other distressed investing blog entries there are many factors to evaluate to determine the real possibilities in any turnaround situation, and here is one more: Look for solid core businesses. Read More.

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Banking on a Financial Sector Turnaround

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MoneyShow.com recently tapped George's favorable opinion for a banking industry rebound. In "Turnaround Expert's Banking Bets," Steve Halpern highlights a trio of Putnam's top stock picks from the battered financial sector.

 

George reminds value investors: "Fortunately, many of the factors...just aren't present in the market, and the other reason that investors seem to be down on the banks is they sort of expected the Fed to raise interest rates a little faster than they have. And the banks do better when interest rates are rising because they have wider margins on their loans, but I think the Fed will gradually raise rates to we will see profits improve, and so I think this downturn is really temporary."

 

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