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Jacobson told Yahoo Finance the company would stay aggressive on buybacks in 2025.. In Q3, GM delivered 659,601 vehicles, down 2% compared with a year ago; however, retail sales were up 3%. GM ...
DETROIT (Reuters) -General Motors surpassed Wall Street's expectations in the third quarter, sending its shares up 8% on Tuesday thanks to a resilient consumer demand for its trucks and SUVs. "The ...
U.S. stock markets saw minimal changes on Tuesday as General Motors surged 10.4% on strong earnings offset a steep drop in GE Aerospace shares.. S&P 500: 5,851.20 ⬇️ down 0.0047%. Nasdaq ...
Jacobson said GM will continue to execute share repurchases in 2025 to win over skeptics on the stock. GM stock was up 2% in early trading. The company hiked its annual profit forecast.
Good morning, and welcome to the General Motors third-quarter 2024 earnings conference call. [Operator instructions] As a reminder, this conference call is being recorded Tuesday, October 22nd, 2024.
October 9, 2024 at 7:15 AM. With shares returning just 72% over the past 10 years (including reinvested dividends), General Motors (NYSE: GM) has dramatically underperformed the S&P 500, which ...
That's about the right level for GM stock right now, according to Bernstein analyst Daniel Roeska. In a new report, Roeska lowered his rating on the stock from the equivalent of a buy to a hold ...
GM's stock has outperformed its rivals and the S&P 500 in 2024. The company's share price has increased 38% this year as of Monday, while cross-town rival Ford Motor has notched an 18% increase ...