4 Articles
Taking Stock: GM shares hit 75-year low, Visteon delisted after trading at 2 cents

With both evidence and speculation mounting that General Motors and Tier-1 supplier Visteon Corp. have bleak futures, both companies' stock shares continue to get hammered, with GM's shares trading as low as $1.40 Friday morning and Visteon dropping from 7 cents to 2 cents on Thursday. For GM, that's its lowest price since May 23, 1933, and the price for Visteon is so low that the New York Stock Exchange delisted it – its last day on the exchange was yesterday.

GM stock gets big boost on analyst upgrade

An analyst from Merrill Lynch had good things to say about General Motors' future prospects, and the automaker's stock leaped nearly 10 percent on the news, closing at $26.51-- a substantial increase over its recent low of $18.33, but still a long ways away from the Kerkorian-fueled high of $37.70.

Dana Corp. stock rebounds on word of bank meetings

Tier-1 automotive parts supplier Dana Corp. announced Monday that is discussing financing issues with banks and lenders, with hopes of coming up with a plan within a two-week timeframe.