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S&P 500 Stock Index
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Cruze Diesel a Jetta Fighter (5/20/13)
cusp of regaining our investment grade credit rating and before too long I expect you'll rejoin the S & P 500 . GM was dropped from the S & P 500 on the eighteenth of its June 2009 bankruptcy. It was the first time GM had been aunts and since the
grade credit rating and before too long I expect you'll rejoin the S&P 500 . GM was dropped from the S&P 500 on the eighteenth of its June 2009 bankruptcy. It was the first time GM had been aunts and since the index was -
China's Drag on Nissan (5/10/13)
price at the automaker's annual meeting. Despite fifteen straight profitable quarters. Ford's share price has lagged the S & P 500 gains for about two years. This stock closed at fourteen dollars and twenty cents at Thursday. Bill Ford is saying quote just
meeting. Despite fifteen straight profitable quarters. Ford's share price has lagged the S&P 500 gains for about two years. This stock closed at fourteen dollars and twenty cents at Thursday. Bill Ford is saying quote just
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GM to invest about $16 billion in U.S. market by 2016
The automaker's shares gained 11 percent this year through May 3 compared with a 13 percent increase for the Standard and Poor ' s 500 Index. GM's May 3 closing price of $32.10 was the highest in almost two years and compares with the stock
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GM redemption seen culminating in return to SandP 500 Index
the U.S. Treasury sells off its shares of General Motors Co., the automaker is likely to return to the Standard and Poor ' s 500 Index in the next year, passing another milestone in its redemption. "GM is a pretty highly eligible candidate
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Bankruptcy for EV Maker (5/1/13)
million dollars. Code as the CEO is former GM executive top. Chris outlook has been raised to positive from stable by Standard and Poor ' s . Plus the agency says in May upgrade the automaker's credit rating in the next twelve months. Fraser's rating remains
-- top. Chris outlook has been raised to positive from stable by Standard and Poor's . Plus the agency says in May upgrade the automaker's credit rating in the next twelve months. Fraser's rating remains -- levels below -
Chrysler's outlook raised to positive from stable by SandP
DETROIT (Reuters) -- Chrysler Group may get an upgrade in its credit rating in the next 12 months, said Standard and Poor ' s , which raised Chrysler's outlook to "positive" from "stable" on Tuesday. SandP changed its outlook on the company
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Federal-Mogul shares rise 16% as restructuring takes hold
the close in New York, the biggest one-day gain March 2009. They have fallen 28 percent this year as the Standard and Poor ' s 500 Index rose 11 percent. "We are coming out of a fourth quarter 2012 earnings trough with improved operating
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PSA bank rating cut to junk by Moody's on Europe car-sales slump
Guillaume Lucien-Baugas, an analyst at Moody's in Paris, said in the statement. The bank division's debt at Standard and Poor ' s was cut in February to BB+, also the first junk grade, with a negative outlook. Pierre-Olivier Salmon, a PSA spokesman
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PSA credit rating cut on Europe recovery doubts
plan," Frey said in a statement. Fitch Ratings lowered PSA to four levels below investment grade in February, while Standard and Poor ' s Ratings Services has it at three levels lower. PSA, Europe's second-largest carmaker after Volkswagen Group, is
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How the Fed fueled surge in subprime loans
billion in securities backed by subprime auto loans, compared with $11.75 billion in 2011, according to ratings firm Standard and Poor ' s . The pace has continued so far this year, with $5.7 billion of the securities issued, compared with $4.4 billion
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How the Fed fueled an explosion in subprime auto loans
billion in securities backed by subprime auto loans, compared with $11.75 billion in 2011, according to ratings firm Standard and Poor ' s . The pace has continued so far this year, with $5.7 billion of the securities issued, compared with $4.4 billion
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U.S. auto sales wrapping up a strong March
also are rising for the full year on improving U.S. economic indicators. The Dow Jones 30 Industrials and Standard and Poor ' s 500 indexes set record highs this month. IHS Global Insight economist Nigel Gault expects gains next week in monthly
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Sonic, citing weak accounting controls at dealerships, delays annual report
biggest intraday decline since Oct. 15. Sonic shares rose 17 percent this year through March 15, exceeding the Standard and Poor ' s 500 Index's 9.4 percent increase during that span. AutoNation Inc. and Penske Automotive Group Inc. are the
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Ford seeks more pension stability after funding shortfall widens
of which will be discretionary. Ford shares rose 0.1 percent Friday to close at $13.45 in New York trading. The shares have advanced 3.9 percent this year, compared with a 9.4 percent gain for the Standard and Poor ' s 500 Index.
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Ford CEO Mulally's 2012 compensation falls 29% to $20.99 million
Ratings lifted the company to the status in April. Standard and Poor ' s ranks Ford's debt BB+, the highest level of ..... ago, rose 20 percent last year, outpacing the Standard and Poor ' s 500 Index's 13 percent climb. The shares rose 0
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U.S. sold $489.9 million in GM shares in February
DETROIT (Bloomberg) -- The U.S. Treasury, which is exiting its ownership stake in General Motors, accelerated its sell-down of the automaker in February, saying it received $489.9 million in proceeds from the sale of common shares. The government disclosed the trading results Monday in its monthly report to Congress on the status of the Troubled Asset Relief Program. A similar report last month said the Treasury received $156.4 million from selling GM shares in January. The number of GM shares sold and average price per share will be disclosed when each pre-arranged trading plan is completed, the report said. The United States invested about $50 billion in GM, the biggest portion of an auto industry bailout that was a centerpiece of President Barack Obama's first term. The investment drew criticism from Republican officials and GM received the label "Government Motors" that CEO Dan Akerson now is trying to shed. "The story is moving on at GM," Matthew Stover, an analyst with Guggenheim Securities LLC in Boston, who has a neutral rating on the shares. "They have to get on with the business of growing and moving past the crisis period, and one of the important pieces of all that is the government leaving the business." GM in December purchased 200 million of its shares for $5.5 billion from the Treasury, moving the government a step closer to ending the auto bailout. After that transaction, the Treasury was left holding about 300 million shares, or 19 percent on a fully diluted basis and planned to sell its entire holding within 15 months. GM shares have climbed 11 percent since Dec. 18, the day before the company disclosed the share purchase from Treasury, through Monday. The Standard and Poor's 500 Index increased 7.6 percent during that span. GM shares closed Tuesday at $28.37, up 6 cents from Monday's close, on the New York Stock Exchange. Akerson, 64, took command of GM in September 2010, overseeing the final stages of the company's initial public offering in November of that year. He is trying to boost GM's profit margins, regain market share in the United States and break even in Europe by mid-decade as it competes with Toyota Motor Corp. and Volkswagen AG for global auto sales leadership.
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PSA will offer retail banking to raise funds for dealers, auto ops
euros. It exceeded that goal and had total deposits of 893 million euros at end of December, RCI Banque said last month. Standard and Poor ' s Ratings Services cut PSA's debt in February by one level and downgraded debt at the banking unit to junk. France's
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Federal-Mogul plans more plant closings amid cash burn, third straight quarterly loss
8.45 in Nasdaq trading on Wednesday. The shares had gained 13 percent this year through Tuesday, as the Standard and Poor ' s 500 Index rose 5 percent. The auto-parts supplier is controlled by billionaire Carl Icahn, who controlled 78
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Delphi initiates dividend to show confidence in business
Chief Financial Officer Kevin Clark said last year he expected Delphi to earn such a rating by the end of April 2013. Delphi has a corporate credit rating of BB+, the highest non-investment grade, from Standard and Poor ' s Ratings Services.
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Tesla loss widens but EV maker expects to become profitable in Q1
close in New York on Wednesday. They've risen 14 percent this year, compared with a 6 percent gain in the Standard and Poor ' s 500 Index. andnbsp; Bloomberg contributed to this report andnbsp;