Archive forFebruary, 2009

GM posts $9.6B 4Q loss, burns through $6.2B cash (AP)

February 26, 2009 @ 7:45 pm · Filed under More Finance

General Motors Corp. posted a $9.6 billion fourth-quarter loss and said it burned through $6.2 billion of cash in the last three months of 2008 as it fought the worst U.S. auto sales climate since 1982 and sought government loans to keep the century-old company running.

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More Grim Economic News (at Seeking Alpha)

February 26, 2009 @ 7:45 pm · Filed under More Finance


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Midday Glance: Autos companies (AP)

February 26, 2009 @ 7:45 pm · Filed under More Finance


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GM Obama Meeting Update (CNBC)

February 26, 2009 @ 7:45 pm · Filed under More Finance

http://us.news2.yimg.com/us.yimg.com/p/fi/21/14/94.jpg/yfinance/cnbc2/Government/1046447200 http://www.cnbc.com/ http://l.yimg.com/us.yimg.com/i/us/fi/gr/partner_logos/cnbc_1.png

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MarketWatch First Take: Market shrugs off latest corrosive job numbers (at MarketWatch)

February 26, 2009 @ 7:45 pm · Filed under More Finance


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[audio] Midday Report from MarketWatch Radio Network [1.0 min] (at MarketWatch)

February 26, 2009 @ 7:45 pm · Filed under More Finance

The latest money news from the MarketWatch Radio Network

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February Sales Could Drive Detroit to Request More Bailout Funds (at The Wall Street Journal Online)

February 26, 2009 @ 7:45 pm · Filed under More Finance


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GM losses deepen in 4Q (at bizjournals.com)

February 26, 2009 @ 7:45 pm · Filed under More Finance


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What GM Can Learn from IBM (at BusinessWeek)

February 26, 2009 @ 7:45 pm · Filed under More Finance

The automaker’s future may depend as much on selling a service as a product, a lesson that helped save IBM from extinction two decades ago

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General Motors Lost $85 Million Every Day (TechTicker)

February 26, 2009 @ 7:45 pm · Filed under More Finance


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