NEW YORK, Nov. 21, 2008 (Reuters) — Amid growing concern that a power vacuum in Washington was contributing to the global financial crisis, shares of U.S. banking giant Citigroup skidded on Friday while legislators and corporate chieftains weighed the fate of the U.S. auto industry. ... > full story
DETROIT, Nov. 8, 2008 (Reuters) — General Motors Corp and Ford Motor Co reported far deeper-than-expected quarterly losses on Friday and said their rate of cash burn had accelerated, as an extended slump in car sales raised questions about the future of the U.S. auto industry. ... > full story
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Closing Glance: Aerospace and defense shares skid June 20, 2008 (Conde Nast Portfolio) — Shares of aerospace and defense companies dropped Friday, falling with the market as major indexes took a sharp downturn.. . The Dow Jones ...
S&P places General Motors on negative credit watch June 20, 2008 (Conde Nast Portfolio) — Standard & Poor's Ratings Services has placed the corporate credit ratings of automaker General Motors Corp. on CreditWatch with negative ...
S&P Raises Daimler Credit Rating Apr. 14, 2008 (Conde Nast Portfolio) — Standard & Poor's Ratings Services on Monday raised its long-term corporate credit ratings for Daimler AG to the investment grade of "A-" from ...
S&P Says Auto-Backed ABS Doing Well Apr. 11, 2008 (Conde Nast Portfolio) — U.S. asset-backed securities backed by automotive loans from Detroit's three auto finance companies are doing "moderately well," despite the ...
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