GM to report earnings Tuesday during UAW strike

Canada News News

GM to report earnings Tuesday during UAW strike
Canada Latest News,Canada Headlines
  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 68 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

General Motors' (GM) third-quarter earnings are due out on Tuesday, October 24, with Wall Street expecting mixed performances on the automaker's top and...

, with Wall Street expecting mixed performances on the automaker's top and bottom lines. This comes as analysts keep a closer eye on how the prolonged United Auto Workers strike is hitting the margins of other Big Three manufacturers Ford -- T. Rowe Price Group Inc. is reeling from a $127 billion exodus over just two years. At Franklin Resources Inc., the latest member of a billionaire family to run the firm is trying to reverse a nearly uninterrupted 20-quarter losing streak.

I was all set for my trip, or so I thought. That's when my friend told me to always keep a bread clip when traveling. The reason is quite clever. -- Hyundai Motor Co. has agreed to a deal with Saudi Arabia’s sovereign wealth fund to develop a more than $500 million car assembly plant, joining electric vehicle maker Lucid Motors Inc. in producing cars in the oil-rich kingdom.

Baron Funds, an investment management firm, released its “Baron Real Estate Income Fund” third quarter 2023 investor letter, a copy of which can be downloaded here. In the first nine months of 2023, the Fund has increased 1.20%, outperforming the REIT Index, which declined 2.89%. As of September 30, 2023, the Fund has maintained its Locking in a powerful yield by buying a discounted dividend stock shouldn’t be a one-dimensional decision. You should also look into its long-term return potential.

TORONTO — A new survey suggests the number of Canadians struggling with their monthly mortgage payment is on the rise, along with worries of potentially higher payments when it comes time to renew with their lender. Around 15 per cent of borrowers say they find the financial aspect of their mortgage "very difficult," up from 11 per cent in June and eight per cent in March, according to data released on Monday by the Angus Reid Institute.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

YahooFinanceCA /  🏆 47. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

UAW reaches tentative agreement with General DynamicsUAW reaches tentative agreement with General DynamicsExplore stories from Atlantic Canada.
Read more »

UAW reaches tentative deal with General Dynamics, preventing strikeUAW reaches tentative deal with General Dynamics, preventing strikeThe four-year deal provides a 14% wage hike, protection against inflation, reduces the time it takes to get to top pay and ‘beats back the company’s proposed health care concessions,’ the UAW says
Read more »

UAW Members at Stellantis’ Michigan Truck Plant Walk Off JobUAW Members at Stellantis’ Michigan Truck Plant Walk Off JobUnited Auto Workers union members at Stellantis NV’s lucrative pickup truck plant in Sterling Heights, Michigan, walked off the job Monday morning, expanding the six-week strike against Detroit’s three largest automakers to more than 40,000 people.
Read more »

GM, Ford slip after UAW warns of more walkouts, analysts say deal is closeGM, Ford slip after UAW warns of more walkouts, analysts say deal is closeExplore stories from Atlantic Canada.
Read more »

GM, Ford slip after UAW warns of more walkouts, analysts say deal is closeGM, Ford slip after UAW warns of more walkouts, analysts say deal is closeUAW President Shawn Fain said on Friday that the automakers had converged on a 23% wage hike, but told members there was 'more to be won'. Though Fain...
Read more »

UAW expands strike against Stellantis, hitting pickup truck plantUAW expands strike against Stellantis, hitting pickup truck plantExplore stories from Atlantic Canada.
Read more »



Render Time: 2025-02-22 14:55:48