Your common stock becomes worthless. The value of your shares is zero dollars.
General Motors(GM Quote - Cramer on GM - Stock Picks), struggling with decades-low sales, will cut 10,000 salaried jobs worldwide.* More on GM * Stocks Open Mixed Ahead of Stimulus Vote * Dow Watch: An Even Smaller GM * China Sells More Cars Than U.S. in January * Stocks Finish Mixed Ahead of Government News * Navigating the Maze of GPS Devices * GM Vice Chairman Lutz to Retire at End of 2009 * Nissan's $2B Red Line * Today's Outrage: Chevron's Big Oil Find * GM Could Take Back Parts of Delphi: Report * CDS Regulation: Stocks to Avoid * Market Activity * Ford Motor Company| FDOWN* General Motors Corporation| GMDOWNThe automaker said it will reduce salaried workers from 73,000 to 63,000 this year, about 3,400 of those job cuts coming in the U.S. GM also said it will cut the pay of most of its salaried U.S. workers beginning May 1 and continuing at least through the end of the year at which time the pay cuts will be evaluated. The pay of U.S. executive employees will be cut by 10%, while other salaried workers will see cuts of 3 percent to 7 percent, GM said. GM faces a Feb. 17 deadline to present to the government a plan showing it can become viable. The plan is required by the terms of $9.4 billion in low-interest government loans to the wounded automaker, which is seeking another $4 billion from the Treasury Department. GM's auto sales fell 49% in January, while Ford(F Quote - Cramer on F - Stock Picks), saw sales drop 39% and Chryslersaw a 55% decline. General Motors(GM Quote - Cramer on GM - Stock Picks), struggling with decades-low sales, will cut 10,000 salaried jobs worldwide.* More on GM * Stocks Open Mixed Ahead of Stimulus Vote * Dow Watch: An Even Smaller GM * China Sells More Cars Than U.S. in January * Stocks Finish Mixed Ahead of Government News * Navigating the Maze of GPS Devices * GM Vice Chairman Lutz to Retire at End of 2009 * Nissan's $2B Red Line * Today's Outrage: Chevron's Big Oil Find * GM Could Take Back Parts of Delphi: Report * CDS Regulation: Stocks to Avoid * Market Activity * Ford Motor Company| FDOWN* General Motors Corporation| GMDOWNThe automaker said it will reduce salaried workers from 73,000 to 63,000 this year, about 3,400 of those job cuts coming in the U.S. GM also said it will cut the pay of most of its salaried U.S. workers beginning May 1 and continuing at least through the end of the year at which time the pay cuts will be evaluated. The pay of U.S. executive employees will be cut by 10%, while other salaried workers will see cuts of 3 percent to 7 percent, GM said. GM faces a Feb. 17 deadline to present to the government a plan showing it can become viable. The plan is required by the terms of $9.4 billion in low-interest government loans to the wounded automaker, which is seeking another $4 billion from the Treasury Department. GM's auto sales fell 49% in January, while Ford(F Quote - Cramer on F - Stock Picks), saw sales drop 39% and Chryslersaw a 55% decline.
GM got involved in credit card financing in a cobranding arrangement with MasterCard, thus providing automobile and credit card financing to its customers. By 1994, GM had earned $9.4 billion from financing
US bills weigh approximately 1 gm each. A US pound weighs 453.6 gm so one pound (except for the 0.6 gm!) of them would be worth 453 x 20 = $9060.
GM preferred stock symbols are: bgm, rgm, gmw, xgm, gms, hgm and gpm. Good luck!
All current US bills weigh 1 gm. A US pound is 453.6 gm so 5 pounds is 5 x 453.6 = 2268 gm. 2,268 $10 bills would be $22,680.
With GM problems now is not a good time to buy GM stocks.
GM
The short answer is no. The long answer involves the government-controlled bankruptcy.
GM
Different people have different investment needs, but a diversified stock portfolio should have a few trustworthy big board stocks, and GM would not be a bad choice.
If GM declares bankruptcy and stops making the vehicles sold by a GM dealer, then that dealer will have to find something else to sell or go out of business. Some forms of bankruptcy do not require that the company stop operating, but merely require that they operate under the supervision of a court while they sell off assets and reorganize to better pay off their debts. In that kind of a GM bankruptcy, many GM dealers may continue to have product to sell.
gm superman gm monster
NO. GM doesn't even own GM. The Government owns GM.
General Motors(GM Quote - Cramer on GM - Stock Picks), struggling with decades-low sales, will cut 10,000 salaried jobs worldwide.* More on GM * Stocks Open Mixed Ahead of Stimulus Vote * Dow Watch: An Even Smaller GM * China Sells More Cars Than U.S. in January * Stocks Finish Mixed Ahead of Government News * Navigating the Maze of GPS Devices * GM Vice Chairman Lutz to Retire at End of 2009 * Nissan's $2B Red Line * Today's Outrage: Chevron's Big Oil Find * GM Could Take Back Parts of Delphi: Report * CDS Regulation: Stocks to Avoid * Market Activity * Ford Motor Company| FDOWN* General Motors Corporation| GMDOWNThe automaker said it will reduce salaried workers from 73,000 to 63,000 this year, about 3,400 of those job cuts coming in the U.S. GM also said it will cut the pay of most of its salaried U.S. workers beginning May 1 and continuing at least through the end of the year at which time the pay cuts will be evaluated. The pay of U.S. executive employees will be cut by 10%, while other salaried workers will see cuts of 3 percent to 7 percent, GM said. GM faces a Feb. 17 deadline to present to the government a plan showing it can become viable. The plan is required by the terms of $9.4 billion in low-interest government loans to the wounded automaker, which is seeking another $4 billion from the Treasury Department. GM's auto sales fell 49% in January, while Ford(F Quote - Cramer on F - Stock Picks), saw sales drop 39% and Chryslersaw a 55% decline. General Motors(GM Quote - Cramer on GM - Stock Picks), struggling with decades-low sales, will cut 10,000 salaried jobs worldwide.* More on GM * Stocks Open Mixed Ahead of Stimulus Vote * Dow Watch: An Even Smaller GM * China Sells More Cars Than U.S. in January * Stocks Finish Mixed Ahead of Government News * Navigating the Maze of GPS Devices * GM Vice Chairman Lutz to Retire at End of 2009 * Nissan's $2B Red Line * Today's Outrage: Chevron's Big Oil Find * GM Could Take Back Parts of Delphi: Report * CDS Regulation: Stocks to Avoid * Market Activity * Ford Motor Company| FDOWN* General Motors Corporation| GMDOWNThe automaker said it will reduce salaried workers from 73,000 to 63,000 this year, about 3,400 of those job cuts coming in the U.S. GM also said it will cut the pay of most of its salaried U.S. workers beginning May 1 and continuing at least through the end of the year at which time the pay cuts will be evaluated. The pay of U.S. executive employees will be cut by 10%, while other salaried workers will see cuts of 3 percent to 7 percent, GM said. GM faces a Feb. 17 deadline to present to the government a plan showing it can become viable. The plan is required by the terms of $9.4 billion in low-interest government loans to the wounded automaker, which is seeking another $4 billion from the Treasury Department. GM's auto sales fell 49% in January, while Ford(F Quote - Cramer on F - Stock Picks), saw sales drop 39% and Chryslersaw a 55% decline.
Nothing happens if we don't have GMO foods, though not having GMO foods is not very likely now that they are being used commercially and the modified genes are already released into the environment.
gm flare it has a bigger middle
what is a gm in metric and what is it when converted from 17gm's to gm's