Reuters – General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a year after it emerged from a landmark bankruptcy. See the rest here: GM ties …
Also tagged a-year-after, bank, billion-credit, deal-said, the-capital, the-top, ties-NEW YORK (Reuters) – General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a year after it emerged from a landmark bankruptcy. Originally posted here: GM …
Also tagged a-landmark-bankruptcy-, a-year-after, bank, billion-credit, general-motors, has-secured, the-capital, the-top, two-people, wednesday, yorkNEW YORK (Reuters) – CIT Group , the commercial lender that last year emerged from bankruptcy, on Tuesday reported a quarterly profit that dwarfed analysts’ estimates.
Also tagged a-quarterly-profit, businessnews, cit, commercial, last-year, new, quarterly-profit, the-commercial, tuesday, yorkDETROIT (Reuters) – Chrysler reported net losses of nearly $4 billion since it emerged from bankruptcy last year, but it had an operating profit in the first quarter and affirmed that it was on track to break even in 2010.
Also tagged bankruptcy-last, billion-since, break-even, businessnews, chrysler, first, operating-profit, quarter-and, reported-net, since-it-emerged, the-first(Reuters) – Delphi, the auto-parts maker that emerged from a four-year bankruptcy in October, is forming a new board of directors and will name retired Dupont Chief Executive John Krol as its chairman, the Wall Street Journal said.
Also tagged auto, businessnews, directors-and, dupont, executive-john, four-year-bankruptcy, krol-as-its, october, the-auto-parts, will-nameCTV.ca Japan unemployment hits record high guardian.co.uk Unemployment in Japan rose to a record high and consumer prices dropped at an unprecedented pace last month, adding to fears that the country’s economic recovery is already stalling under the grip of deflation. Just two weeks after Japan emerged from … …
Also tagged a-record-high, and-consumer, country, ctv, economic-recovery, grip-, hits-record, pace-last, the-country, two-weeks, under-the-grip, unemploymentGM’s first new car since it emerged from bankruptcy is as good as or better than the ES350 in every way, and is actually desirable. Fighter pilots call it “target fixation” when you become so focused on a single adversary that you lose situational awareness and fly into something large …
Also tagged actually-desirable, every-way, fly-into, pilots-call, since-it-emerged, single-adversary, something-largeDETROIT (Reuters) – The board of General Motors Co endorsed the automaker’s direction and the focus of management after the first meeting of directors since GM emerged from a U.S. government-financed bankruptcy last month.
Also tagged bankruptcy-last, businessnews, direction-and, directors-since, endorsed-the, endorsed-the-automaker, first, focus, general, general-motors, management-after, the-firstguardian.co.uk GM exits bankruptcy Reuters DETROIT (Reuters) – A new General Motors emerged from bankruptcy protection on Friday — far more quickly than most industry watchers had expected — as a leaner automaker pledging to win back American consumers and … After a quick bankruptcy, now it’s General Motors … Read …
Also tagged bankruptcy-protection, consumers-and, exits-bankruptcy, far-more, protection-on-friday, reuters, watchers-hadDETROIT (Reuters) – A new General Motors emerged from bankruptcy protection on Friday — far more quickly than most industry watchers had expected — as a leaner automaker pledging to win back American consumers and pay back taxpayers.
Also tagged bankruptcy-protection, consumers-and, friday, general, general-motors, leaner-automaker, pay-back, win-back