Even for those living on a distant continent, the confiscation of state-guaranteed bank deposits in Cyprus is a reminder. (At this stage, it is not clear the Eurocrats will succeed.) Governments and central-banks blew their capital to save a financial Ouija board – not system – in 2008. Former Federal Reserve Chairman Paul Volcker reminded…
Tag Archive for General Motors
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GM chief blames weak share price on Europe
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GM chief blames weak share price on Europe (via AFP) The head of General Motors blamed the automaker’s weak share price on the unsettled economic climate in Europe Tuesday as he prepared to address an annual shareholder’s meeting. “There is a lot of uncertainty generally about the strength of a major trading partner,” chairman and…
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Study by comScore and Facebook Shows ROI on Ads – Sci-Tech Today
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TechnoratiStudy by comScore and Facebook Shows ROI on AdsSci-Tech TodayThe question of how cost-effective Facebook's paid ads are came to the fore just before the IPO in mid-May, when General Motors confirmed to the media that it …Facebook – Too …
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Why You Should Buy Facebook (And Sell GM) – Fast Company
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Fast CompanyWhy You Should Buy Facebook (And Sell GM)Fast CompanyGeneral Motors, most traditional of the giant traditional advertisers, set off the mass chanting of "ad revenue, ad revenue" when it pulled its $10 million ad buy from Facebook …
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GM registers record China auto sales for May – Full story
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GM registers record China auto sales for May (via AFP) US auto giant General Motors said Tuesday that its China sales for May hit a record 231,183 vehicles, despite a looming slowdown in the world’s second largest economy. GM’s sales in the country surged 21.3 percent in May from the same month last year and…
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US auto sales strong in May despite slow economy – Full story
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(via AFP) Chrysler and Volkswagen posted nearly 30 percent sales increases for May on Friday and Toyota rebounded 87 percent from its earthquake-forced shutdown a year ago as Detroit proved resistant to the slow US economy. Ford, General Motors and Nissan also reported double-digit increases as May’s figures…
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Facebook’s Advertising Problem – InformationWeek
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Facebook's Advertising ProblemInformationWeekIt may never be clear how much General Motors' public disparagement of Facebook advertising helped cool investor enthusiasm for the social network. But even if Facebook's IPO woes owe more to pro…
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GM Bows Out of Super Bowl Advertising – Wall Street Journal
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The RepublicGM Bows Out of Super Bowl AdvertisingWall Street JournalBy SHARON TERLEP And SUZANNE VRANICA General Motors Co. has decided it won't advertise in the next Super Bowl, a surprising reversal of strategy that comes as the auto maker overha…
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Warren Buffett’s investment firm buys 10 million shares of GM – Detroit Free Press
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USA TODAYWarren Buffett's investment firm buys 10 million shares of GMDetroit Free PressBy Nathan Bomey Legendary investor Warren Buffett's Berkshire Hathaway disclosed Tuesday that it had acquired 10 million shares of General Motors common sto…
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General Motors to pull ads from Facebook – Los Angeles Times
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CBS NewsGeneral Motors to pull ads from FacebookLos Angeles TimesGM's decision to stop its paid advertising on Facebook comes as investors have been weighing revenue prospects on the social networking site. News about the Facebook IPO outside NASDA…
