GM outshines with a 53% gain in first half of the year
Media Release
Jun. 30, 2006

It's beset by a bewildering array of problems, its debt trades as junk, and speculation that it will be forced into bankruptcy continually resurfaces, but, with a 53% gain, General Motors Corp.'s stock was the best performer in the Dow Jones Industrial Average during the year's first half.

GM outshines with a 53% gain in first half of the year
Media Release
General Motors Corp.'s stock was the best performer in the Dow Jones Industrial Average during the year's first half.
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Blackstone, the private equity group run by Steve Schwarzman, on Friday emerged as the buyer of Cendant's travel distribution business
Media Release
Blackstone, the private equity group run by Steve Schwarzman, on Friday emerged as the buyer of Cendant's travel distribution business, which includes the Orbitz online travel site and the Galileo reservations system...
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Boeing on Friday said it had reached a final agreement with the US justice department following two procurement scandals
Media Release
Boeing on Friday said it had reached a final agreement with the US justice department following two procurement scandals which led to the ousting of one chief executive and a prison term for its former chief financial officer.
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French carmaker Renault and its Japanese affiliate Nissan open to alliance with GM
Media Release
French carmaker Renault and its Japanese affiliate Nissan said they were open to the idea of an industry-transforming triple alliance with General Motors.
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Stocks rallied Thursday afternoon as investors breathed a sigh of relief on the day of the Federal Reserve's decision on interest rates.
Media Release
The Dow (up 81.89 to 11,055.45, Charts) and the broader Standard & Poor's 500 index (up 10.28 to 1,256.28, Charts) both jumped around 0.8 percent.
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Dow fell more than 100 points on higher interest rates expectation
Media Release
Dow fell more than 100 points as better-than-expected reports on consumer confidence and the housing market raised interest-rate jitters ahead of the Fed meeting. GM slid nearly 6%.
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The war of influence starts - US will press China to reform and open up its domestic financial system : new US Treasury Secretary
Media Release
Hank Paulson, the former chief executive of Goldman Sachs nominated by President George W Bush to be the new US Treasury Secretary, set the stage for a possible shift in US China policy at his Senate confirmation hearing on Tuesday.
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A consortium of private equity groups has agreed to buy Univision
Media Release
consortium of private equity groups has agreed to buy Univision, the US Spanish-language broadcasting company, for $12.3bn in cash, in a buy-out structured with an aggressive financing package.
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Johnson & Johnson said Monday it is buying Pfizer Inc.'s consumer health care unit for $16.6 billion
Media Release
Johnson & Johnson said Monday it is buying Pfizer Inc.'s consumer health care unit for $16.6 billion in a nearly all-cash deal that strongly boosts J&J's smallest division.
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