public marks

PUBLIC MARKS from bacon with tag general

April 2009

GM Probably Needs $4.6 Billion more government aid 'soon'

GM CEO Fritz Henderson on Friday called reports that the automaker is considering shedding more brands, such as Pontiac and GMC, “speculation” at this point. General Motors will need five billion dollars in additional government aid “...

General Growth Properties Seeks Chapter 11 Bankruptcy

GENERAL GROWTH PROPERTIES, INC. (“GGP”), the second-largest U.S. shopping-mall owner, today announced that it is voluntarily seeking relief to reduce and restructure its debts under chapter 11 of the United States Bankruptcy Code in the United Stat...

Ethisphere Institute named 2009 World’s Most Ethical Companies!

The Ethisphere Institute on Monday named 99 companies it says are the world’s most ethical, its third annual listing designed to encourage ethical practices within the global business community. The 99 companies, which include Honeywell Internati...

Treasury Tells GM To Prepare For "surgical" Bankruptcy

The US government Treasury Department told struggling carmaker General Motors, operating under emergency US government loans, to ready itself for a possible bankruptcy filing by June 1. Members of President Barack Obama’s automotive task force ha...

GE Invests in Car-battery maker A123 Systems Inc

Car-battery maker A123 Systems Inc, world’s leading suppliers of high-power lithium ion batteries, is expected to announce Monday that it has raised $69 million as part of its most recent capital campaign, and that primary backer General Electric...

March 2009

General Motors launches "Total Confidence" program (customer protection plan) to encourage buyers

General Motors launches “Total Confidence” program (customer protection plan). Or is it just to encourage buyers! The market is so excited about the GM plan in which they get to use taxpayer money to cover their payments if they lose their ...

American Axle & Manufacturing Holdings Inc's Future, what about others?

American Axle & Manufacturing Holdings Inc said in a regulatory filing today that it may violate the terms of its loan agreements as the future of its primary customers are still in question. General Motors Corp. and Chrysler LLC are American Axle...

February 2009

After Shashi Seth, General Wesley Clark Twitter's Jack Dorsey Joins Ustream.tv Advisory Board!

Jack Dorsey has joined the board of advisors of a video company even tougher to ‘monetize’ that YouTube: live streamer Ustream. Tough job, but he’s in powerful company. Also an advisor to Ustream: retired General Wesley Clark and form...

GM and Delphi talks; GM May Take Back Part of Delphi!

General Motors Corp is in talks to take back large portions of Delphi Corp , the parts supplier spun off by the auto maker a decade ago, the Wall Street Journal said, citing people involved in the negotiations. - General Motors Corp is in talks to take...

December 2008

Why Rick Wagoner GM CEO is worst among all?

My heart goes out to all the workers who will be impacted by this. But I’ve got a lump of goal for management’s stocking. HQ dropped the ball big time and they, not the worker, should suffer the consequence. This brings back the image of th...

November 2008

Jeff Immelt says General Electric Co will make $20 billion

The U.S. conglomerate General Electric Co. (GE) will earn 20 billion dollars this year, said its CEO Jeff Immelt in an interview with the economic daily Les Echos, without specifying what results. U.S. investor Warren Buffett injected $5 billion into G...

October 2008

Portland General Electric CFO Jim Piro appointed as next CEO and President

Portland General Electric Company today announced the appointment of Jim Piro as Chief Executive Officer and President of PGE effective January 1, 2009. Peggy Fowler, who has held the CEO and president position since April 2000, will retire as CEO on M...

A technical Analysis for General Electric Q3 earnings: What went wrong?

I think GE’s greatest strength and weaknesses is in their higher levels of management. The businesses are great on accountability, metrics, efficiency, and other areas. GE is too big, too slow, too leveraged and too anti-customer to make it in t...

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