Market perplexed by GM announcement
Market perplexed by GM announcement
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Washington: Tribune Content Agency LLC
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English
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Washington: Tribune Content Agency LLC
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Under Chief Financial Officer John Devine, who joined GM on Jan. 1, 2001, the Detroit automaker has fairly reliably issued guidance and beaten it. GM stock and bonds plunged in the morning, but rebounded in the afternoon to only a slight decline, perhaps because investors who had shorted GM -- sold stocks they didn't yet own -- bought shares in the...
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Market perplexed by GM announcement
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TN_cdi_proquest_wirefeeds_464878215
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_proquest_wirefeeds_464878215