GM - General Motors Company

NYSE - NYSE Delayed Price. Currency in USD
35.54
+0.23 (+0.65%)
At close: 4:00PM EST
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Previous close35.31
Open35.64
Bid35.50 x 900
Ask35.60 x 4000
Day's range35.44 - 35.76
52-week range31.46 - 41.90
Volume8240856
Avg. volume9,070,429
Market cap51B
Beta (3Y monthly)1.39
PE ratio (TTM)5.79
EPS (TTM)6.14
Earnings date5 Feb 2020
Forward dividend & yield1.52 (4.30%)
Ex-dividend date2019-12-05
1y target est47.33
  • GM, South Korea's LG hook up in EV battery joint venture
    Reuters Videos

    GM, South Korea's LG hook up in EV battery joint venture

    General Motors is teaming up with South Korea's LG Chem to build an electric vehicle battery factory in Ohio - which would be one of the biggest battery building facilities in the world. Plans for the joint venture were announced Thursday. The two companies will pile in more than $2 billion combined to set up the unit, which will be built near the site of a shuttered GM plant in Lordstown, Ohio. This joint venture is expected to put more than 1100 people to work. Sources familiar with the plan said those employees would likely be part of the United Auto Workers union, which would make this the first unionized battery factory in the United States. GM has come under fire from President Trump for closing factories and shedding jobs. And Democratic presidential candidates joined the picket line with union workers who went on strike demanding better wages and angry about the use of lower-paid contract employees. Like most automakers, GM is looking to bolster sales by investing heavily in electric vehicles and newer self-driving technologies. Construction is set to begin the middle of next year.

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    Investing.com

    Stocks - Tesla, Crowdstrike Rise Premarket; Uber, Zoom Video Fall

    Investing.com -- Stocks in focus in premarket trade on Friday, 6th December.

  • Strong U.S. job growth highlights economy's resilience
    Reuters

    Strong U.S. job growth highlights economy's resilience

    U.S. job growth increased by the most in 10 months in November as former striking workers returned to General Motors' GM.N payrolls and the healthcare industry boosted hiring, the strongest sign yet the economy was not in danger of stalling. The Labor Department's closely watched monthly employment report on Friday also showed steady wage gains and the unemployment rate falling back to 3.5%, suggesting consumers will continue to drive the longest economic expansion in history, now in its 11th year. U.S. central bank policymakers are expected to highlight the economy's resilience when they meet on Dec. 10-11, though trade tensions continue to reverberate in the background.

  • Investing.com

    Top 5 Things to Know in the Market on Friday

    Investing.com -- It's payrolls day, and hiring in the U.S. economy is expected to have rebounded in November from October's dip due to the end of the strike at General Motors (NYSE:GM). Elsewhere, OPEC and its allies are set to sign off on a largely symbolic cut in output through March 2021, while Saudi Aramco is now the world's most valuable company after completing its $25.6 billion IPO. Here's what you need to know in financial markets on Friday, 6th December.

  • Returning General Motors workers seen boosting U.S. November payrolls
    Reuters

    Returning General Motors workers seen boosting U.S. November payrolls

    U.S. job growth likely accelerated in November as former striking workers returned to General Motors' payrolls, which would confirm that the economy remained on a moderate expansion path despite a prolonged manufacturing slump. The Labor Department's closely watched monthly employment report on Friday is also expected to show steady wage gains and the unemployment rate holding near a 50-year low.

  • Financial Times

    Robust US jobs data show labour market’s resilience

    The US economy added 266,000 jobs in November, surpassing analyst estimates by a wide margin and demonstrating the continued strength of the US labour market. Hourly earnings increased 3.1 per cent over the past year, also beating estimates of a 3 per cent gain. “The fact that the labour market hasn’t slowed, I mean, really, that’s amazing — given all the worry we’ve had, all the recession talk,” said Ethan Harris, head of global economics research for Bank of America Merrill Lynch.

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    Day Ahead: Top 3 Things to Watch

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  • GM, LG Chem to build $2.3 billion electric vehicle battery plant in Ohio
    Reuters

    GM, LG Chem to build $2.3 billion electric vehicle battery plant in Ohio

    General Motors Co and South Korea's LG Chem said on Thursday they will invest $2.3 billion (£1.79 billion) to build an electric vehicle battery cell joint venture plant in Ohio, creating one of the world's largest battery facilities. The plant, to be built near GM's closed assembly plant in Lordstown in northeast Ohio, will employ more than 1,100 people, the companies said.

  • Financial Times

    GM and LG Chem to invest $2.3bn in US battery plant venture

    General Motors and South Korea’s LG Chem plan to invest a combined $2.3bn in a joint venture to build a new battery plant in the US, as the automaker prepares to ramp up production of electric vehicles. The companies announced on Thursday they will break ground in the middle of next year in the Lordstown area in north-east Ohio, near the location of a vehicle assembly plant GM has idled. The equally-owned venture also calls for the group to jointly develop new battery technologies with the goal of cutting costs.

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  • How the end of the GM strike may affect Friday’s jobs report
    Yahoo Finance

    How the end of the GM strike may affect Friday’s jobs report

    Wall Street is expecting a rebound in Friday’s payrolls report, even with Wednesday’s weaker-than-expected ADP private payroll figures.

  • The Zacks Analyst Blog Highlights: Toyota Motor, Tesla, General Motors, Alphabet and NVIDIA
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  • Why the 2010s were a decade divided
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  • Fiat (FCAU) Enters 4-Year Tentative Labor Contract With UAW
    Zacks

    Fiat (FCAU) Enters 4-Year Tentative Labor Contract With UAW

    Fiat (FCAU) commits an investment of $9 billion, boosting the $50-billion merger plans of Fiat and PSA to create the world's fourth largest automaker.

  • Japan 2020 Olympics Set to Showcase a New Era of Mobility
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    Japan 2020 Olympics Set to Showcase a New Era of Mobility

    Japan-based automakers are yet to grab global headlines when it comes to driverless cars but they are eyeing 2020 Olympics to promote several self-driving cars and catch attention.

  • Fiat Chrysler reaches tentative labor deal with United Auto Workers
    Reuters

    Fiat Chrysler reaches tentative labor deal with United Auto Workers

    Fiat Chrysler Automobiles NV and the United Auto Workers (UAW) union on Saturday announced a tentative agreement for a four-year labor contract, a boost for the automaker as it works to merge with France's Groupe PSA. Italian-American Fiat Chrysler and PSA, the maker of Peugeot and Citroen, last month announced a planned $50 billion merger to create the world's fourth-largest automaker. The tentative agreement with Fiat Chrysler, which is subject to ratification by the union members, follows contracts that the UAW already concluded with Ford Motor Co and General Motors Co.

  • Auto Stock Roundup: Tesla's Cybertruck Craze, GM's Lawsuit Against Fiat & More
    Zacks

    Auto Stock Roundup: Tesla's Cybertruck Craze, GM's Lawsuit Against Fiat & More

    While Tesla's (TSLA) Cybertruck is getting enough attention with more than 250,000 pre-orders till now, General Motors (GM) files a federal racketeering lawsuit against Fiat Chrysler.

  • Tenneco (TEN) Down 64% Over a Year: Dismal Run to Continue?
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    Tenneco (TEN) Down 64% Over a Year: Dismal Run to Continue?

    Tenneco (TEN) forecasts a decline in light-vehicle production and a slight deceleration in commercial vehicle markets, which are likely to negatively affect the upcoming results.

  • Spartan Motors, Occidental, Tesla, Ford and General Motors highlighted as Zacks Bull and Bear of the Day
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    Spartan Motors, Occidental, Tesla, Ford and General Motors highlighted as Zacks Bull and Bear of the Day

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  • Tesla (TSLA) Stock Rebounds: Can the Cybertruck Redeem Itself?
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    Tesla (TSLA) shares edged higher Monday after a botched Friday debut of its new pickup truck that Elon Musk has dubbed Cybertruck.

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