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Tag Archives: new

Why GM Stock Slumped 6.6% Last Week

General Motors (GM) stock slumped 6.6% from August 12 to August 16. GM stock wasn’t the only stock to plunge in the week. Other auto stocks also sank. Ford Motor Company (F), Fiat Chrysler Automobiles (FCAU), and Tesla (TSLA) also plunged 5.2%, 5.4%, and 6.4%, respectively. Ferrari (RACE) saw the …

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Ford Stock Fell 5.2% Last Week amid Recession Fears

Ford Motor Company (F) stock fell 5.2% last week. The fall extended the stock’s decline to 13.3% since its second-quarter results on July 24. Ford stock fell amid Q2 earnings Ford’s second-quarter earnings disappointed analysts. The company reported an EPS of $0.28 compared to market expectations of $0.31. During the …

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US STOCKS-Wall St rallies on stimulus cheer, Apple leads tech gains

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Trump and the Black Vote

President Donald Trump speaks to reporters before boarding Air Force One in Morristown, N.J., August 15, 2019. (Jonathan Ernst/Reuters) “Donald Trump is a racist, white supremacist, white nationalist. So are his supporters.” Some version of that refrain is heard almost hourly somewhere in mainstream media. Democratic politicians seem to proclaim it more often than …

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GE Just Responded to Fraud Claims. Here’s What Investors Need to Know.

General Electric , in a statement emailed to investors Monday morning, disputed many of the allegations raised by forensic accountant Harry Markopolos. Markopolos, known for correctly identifying the Bernie Madoff Ponzi scheme, alleged last Thursday that the company is engaged in accounting fraud in its long-term care insurance business—a claim …

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The good, the bad and the ugly for Trump in the new NBC/WSJ poll

Even on Hurricane Katrina, Americans were split 48 percent to 48 percent on Bush’s handling of that tragedy back then. “Americans typically rally around their president in times of national tumult and tragedy,” says Democratic pollster Jeff Horwitt, whose firm co-conducted the NBC/WSJ survey with Republican pollster Bill McInturff. “Yet …

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