General Motors Recalls another 1.3 Million Vehicles and Google to Finally Go Through a 2-for-1 Stock Split
General Motors Company (NYSE: GM) announced even more vehicle recalls on Monday and more than doubled its estimate of the costs of recalling faulty vehicles this quarter. The company’s CEO Mary Barra, prepared for questioning from sceptical US legislators. GM said its expected charge this quarter for recalls had risen from the $300m it announced in mid-March to $750m. This latest recall calls for 1.3 million older vehicles, as recent as 2009-2010. These cars according to GM could experience “a sudden loss of electric power steering assist.” General Motors has already recalled 2.2 million compact cars over potentially dangerous ignition switches and 1.5 million vehicles recalled for other issues.
General Motors Company (GM) designs, manufactures, and markets cars, crossovers, trucks, and automobile parts worldwide. The company markets its vehicles primarily under the Buick, Cadillac, Chevrolet, GMC, Opel, Holden, and Vauxhall brand names, as well as under the Alpheon, Jiefang, Baojun, and Wuling brand names.
Get more information on General Motors Company and free access to the in depth equity report at: www.TrendingWallStreet.com/stockquote/GM
Google Inc. (NASDAQ: GOOG) will finally go through a 2-for-1 stock split on April 3rd, a move that has been two years in the making. The split would help strengthen founders Larry Page’s and Sergey Brin’s control over the company. Page and Brin had super-voting Class B shares which controlled 56% of Google as of last April’s proxy filing. Google has issued Class A shares to finance acquisitions and pay employees with stock. Each Class A share carries one vote, while a Class B share carries 10 votes. Google has created Class C shares which will be issued on April 3rd to shareholders of record March 27th. No voting rights come with these shares and these are the shares Google intends to issue for compensation and acquisitions in the future.
Google Inc., a technology company, builds products and provides services to organize the information. The company offers Google Search, which provides information online; Knowledge Graph that allows searching for things, people, or places, as well as builds systems that recognize speech and understand natural language; Google Now, which provides information to users when they need it; and Product Listing Ads that offer product image, price, and merchant information. It also provides AdWords, an auction-based advertising program; AdSense, which enables Websites that are part of the Google Network to deliver ads; Google Display, a display advertising network; DoubleClick Ad Exchange, a marketplace for the trading display ad space; and YouTube that offers video, interactive, and other ad formats.
Get more information on Google Inc. and free access to the in depth equity report at: www.TrendingWallStreet.com/stockquote/GOOG
ABOUT US:
Whether it’s a bull or bear market, TrendingWallStreet has you covered.
TrendingWallStreet.com wants to help everyday people gain awareness about some of the hottest stocks trading in the stock market today.
TrendingWallStreet.com releases momentum alerts on companies that you may have never heard about or thought about looking at.
TrendingWallStreet.com offers you the best stock tips found on the net. These are sometimes cheap and under-valued stocks in the United States that have the potential to offer gains of 100% or more.
Take a few minutes to register with us at http://www.trendingwallstreet.com/ to get full access to our free stock reports.
Disclosure: TrendingWallStreet.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell securities. Investors should always conduct their own due diligence with any potential investment. Please read our report and visit our website, for complete risks and disclosures.
Tags: