Subscribe Register Login

Wednesday, October 01, 2014, 7:28 p.m.
Top Picks - Mobile App

GM investors unshaken as recall cuts $3 billion in value

By Bloomberg News

This article was published April 7, 2014 at 11:15 a.m.

Many institutional investors in General Motors Co. say they’re keeping faith in the stock after the recall crisis wiped out more than $3 billion in shareholders’ value over four weeks.

Chief Executive Officer Mary Barra has apologized for the lives lost in accidents tied to an ignition switch defect and promised an investigation.

Through Friday, GM shares had slumped 7.6 percent since March 7 as the crisis escalated, the company expanded the recall and the Justice Department opened its probe.

Read tomorrow's Arkansas Democrat-Gazette for full details.

Comment on: GM investors unshaken as recall cuts $3 billion in value

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

Subscribe Register Login

You must login to make comments.

Displaying 1 - 1 of 1 total comment

AmericasDoomed says... April 7, 2014 at 1:23 p.m.

I would never buy a Government Motors vehicle.

( | suggest removal )

  • page
  • 1
Click here to make a comment

To report abuse or misuse of this area please hit the "Suggest Removal" link in the comment to alert our online managers. Read our Terms of Use policy.

TOP JOBS

  • Life skill tech

    Saturday & Sunday 6a-6:30p. Direct care. Experience in long ...
    NORTH LITTLE ROCK, AR

  • Internists

    Hospitalists () to provide medical servicesLittle Rock, AR. ...
    LITTLE ROCK, AR

  • Park interpreter

    Bull Shoals White River State Park, Lake View, AR Position ...
    LITTLE ROCK, AR

  • Computer tech

    The Carlisle School District is looking for: network adminis...
    CARLISLE, AR

  • Dietary assistant

    dietary assistantlocal retirement center seeking dependable ...
    LITTLE ROCK, AR

Search 945 jobs >

Top Picks - Mobile App
Arkansas Online