GENERAL MOTORS

Traders work on the floor of the New York Stock Exchange

Stock index Futures Point To More Losses

Stock index futures pointed to a lower opening on Wall Street on Wednesday, with futures for the S&P 500 and Dow Jones down around 0.1 percent, while the Nasdaq 100 fell 0.4 percent at 4:10 a.m. EDT.

Facebook boosts IPO size by 25 percent, aims for $15 billion

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Facebook Inc will increase the size of its initial public offering by 25 percent to raise about $15 billion, a source familiar with the matter said, as strong investor demand for a share of the No.1 social network trumped ongoing debate about the company's long-term potential to make money.
Traders on the floor of the New York Stock Exchange

US Stock Index Futures Point To Tuesday Rebound

U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with the futures for the S&P 500 and the Dow Jones up 0.6 percent and Nasdaq 100 futures up 0.8 percent at 0733 GMT.
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The new CUE system in the 2013 Cadillac XTS and accompanying iPad app.

2013 Cadillac XTS Will Come With Free iPad, Teaching Apps

Every new 2013 Cadillac XTS will come with an Apple Incorporated (NASDAQ: AAPL) iPad with a suite of customer education apps pre-loaded to teach new owners about the car's Cadillac User Experience (CUE), General Motors Company (NYSE: GM) announced on Wednesday.
Ally Financial

Ally Received Treasury Approval on ResCap Bankruptcy: Report

Ally Financial Inc., the auto lender majority-owned by U.S. taxpayers, has received conditional approval from the U.S. Treasury Department on plans to put its struggling mortgage servicing and lending unit into bankruptcy, Bloomberg reported, citing an anonymous Obama administration official.
Chevrolet cars on the parking lot of Tropical Miami General Motors dealership

GM First Quarter Earnings Slump Despite Strong U.S. Sales

General Motors Company (NYSE: GM), the world's largest auto company, reported profits down 69 percent for the first quarter, but the loss resulted from outsized, one-time profits the year before. Overall performance for the company was strong, with revenue driven 4.4 percent higher by strong U.S. sales and improved global margins.
GM

GM 1Q Earnings Beat Street On Strong US Demand

General Motors reported a first-quarter profit that surpassed forecasts as it was able to boost vehicle prices, especially in North America, and cut losses in its troubled European operations.
Bin Laden

Osama Bin Laden Death Anniversary Fuels Partisan Feuding

As the Obama administration uses the approaching one-year anniversary of Osama bin Laden's death to tout the president's decision to launch a strike on the former Al Qaeda leader, Republicans have accused the administration of unnecessarily politicizing the issue.
Technicians monitor data flow in the control room of an internet service provider.

Technology Focus: ?Big Data? Goes Consumer, Too

It?s not just enterprises and government agencies that are already starting to benefit from the new era of so-called ?Big Data.? Consumers are already beneficiaries, even if they don?t know it.
Ford Motor Company CEO Alan Mulally

Ford Earnings Stall In 1Q On Poor Global Performance

Ford Motor Company (NYSE: F), the second-largest U.S. carmaker, said Friday profit fell 20.5 percent, missing analysts' predictions, on lower European sales, plunging South American profit and a drop in Ford Credit profit.
Ford Motor Company CEO Alan Mulally

Ford (F) Earnings Preview: Weakness In Europe Will Hurt 1Q Earnings

Ford Motor Co. (NYSE: F), the second-largest U.S. carmaker, is expected to report Friday its first-quarter earnings plunged by 42.6 percent as gains in North America couldn't offset a slump in vehicle demand in Europe and slowing sales growth in South America and Asia.
Employees of French carmaker PSA Peugeot Citroen work on the new engine "EB" assembly line at the company engines factory in Tremery near Metz

Peugeot Citroen Might Build Cars In India With General Motors

PSA Peugeot Citroen may build cars in India with General Motors its new partner, said Gregoire Olivier, Peugeot's head of Asian operations, according to a Reuters report. The move would effectively discard its planned $850 million investment in its own manufacturing facility in India, Reuters report said.
Apple

50 Key Earnings Reports To Watch, April 23-27

Earnings season is in full swing, and about 80 percent of the companies that have already reported topped estimates. We ran a screen and produced a list of 50 key companies set to report their earnings between April 23 and 27.
A 2012 Ford Focus

Ford Plans $760 Million Factory in China

Ford Motor Co. (NYSE: F) said Thursday it will build a $760 million assembly plant in Hangzhou as part of a plan to double its production capacity in China by 2015 and catch up with global rivals.

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