All Posts Tagged With: "General Motors (GMGQ)"

Market Update: General Motors (GMGQ), McDonald’s (MCD), Apple (AAPL)

GM Cans Mid-Size Trucks; Treasury Yields Soar to 7-month High; Airlines Grounded by $9 Billion Loss; Copper Sinks as Dollar Rises; Supreme Court Delays Chrysler Sale; McDonald’s misses estimates; Apple debuts new iPhone

  • After repeated attempts to sell its medium-duty truck operations, General Motors Corp. (OTC: GMGQ), yesterday (Monday) said that it would halt their production by July 31. Reuters reported. “After four years of working with multiple potential buyers, General Motors has decided to wind down its medium-duty truck operations,” the automaker said in a statement.  GM plans to cease production of Chevrolet Kodiak and GMC Topkick. The automaker sold about 20,000 of the…
9Jun2009 | Money Morning | 1 comment | Continued

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