Tag Archives: General Motors

Not all market news is scary — Alcoa, S&P 500 profits rising

Concern about the global economy has Wall Street tumbling today, but not all the market news is quite so scary. Consider the profit expectations for aluminum maker Alcoa Inc.

Bloomberg says Alcoa, which has a large presence next door in Blount County, may report that its second quarter profit more than doubled on rising global demand. Alcoa is benefiting from the growth of companies like General Motors and Airbus.

But wait, there’s more.

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General Motors return — what the experts say

820d7421817b9f13dc0e6a706700e60a.jpgIt’s way too early to pass judgement on General Motors return to the stock market, but that isn’t stopping analysts, politicians and others from having their say.

Here’s a sampling of what’s being said, including a video from the White House blog. So far, most of the chatter has been positive, but what will the experts be saying a year from now?

White House White Board: The Rebirth of the American Auto Industry

SmartMoney: The General Motors Bait-and-Switch

Barron’s: The Other Way to Play GM

MarketWatch: GM shares retreat some from re-entry gains

MarketBeat – WSJ.com: GM Stock: Trading but whtih training wheels

Photo: (AP Photo/Paul Sancya, file) In this file photo taken Thursday, Nov. 18, 2010, General Motors headquarters are shown in Detroit. Shares of the reborn General Motors lost momentum in early trading Friday, Nov. 19.

Four signs the recovery is on track

The economy still has a ways to go but these stories suggest good things are happening with the recovery.

Specifically — cosumers are shopping again, investors are regaining their confidence, advertising is bouncing back and, perhaps, most significant, there is light at the end of the tunnel for General Motors.

GM pays back government loans from US, Canada

Best Non-Holiday Quarter for Apple

Yahoo earnings nearly triple

Morgan Stanley’s profit of $1.41B tops forecasts