Fiat Chrysler names Jeep boss to replace stricken CEO Marchionne
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General Motors (GM) Declares $0.38 Quarterly Dividend; 3.9% Yield
July 24, 2018 5:53 PM EDTGeneral Motors (NYSE: GM) declared a quarterly dividend of $0.38 per share, or $1.52 annualized.
The dividend will be payable on September 21, 2018, to stockholders of record on September 7, 2018, with an ex-dividend date of September 6, 2018.
The annual yield on the dividend is 3.9 percent.
For a... More
Bullish Options Positioning Continues in General Motors (GM) Targeting Upside in Shares Ahead of Earnings Announcement Tomorrow -Susquehanna
July 24, 2018 2:55 PM EDTSusquehanna options strategist Alison Edwards notes continued upside positioning in General Motors (NYSE: GM) ahead of tomorrow's earnings report, an investor bought 5.5k Aug31 39.5 Calls for $1.50. Similarly yesterday, there was mainly buying of 39.5 and 40 strike calls expiring over the next few weeks
... MorePiper Jaffray Examins Sales Trends; Says General Motors (GM) Outperforms Ford (F) in China
July 24, 2018 7:29 AM EDTPiper Jaffray's analyst, Alexander Potter, says that it's clear that GM (NYSE: GM) (Overweight) is outperforming Ford (NYSE: F) (Neutral) in China. GM's retail sales have risen by 4.4% through June, versus market-wide wholesale/retail growth of +5.2%/+3.0%. In... More
Credit Suisse Remains Bullish on Ferrari (RACE) Following Management Change
July 23, 2018 9:48 AM EDTCredit Suisse reiterated an Outperform rating and $156.00 price target on Ferrari (NYSE: RACE) following the company's announcement that CEO Marchionne will not return due to health issues. While Credit Suisse expects near-term volatility as the stock digests the leadership change, they would... More
