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THURSDAY, NOVEMBER 20, 2008
CHARTING THE MARKET TODAY  

Stocks in the Spotlight Thursday

General Motors (GM)

Shares of the auto giant rose 3% on news that Congressional leaders had agreed to a plan for helping American car companies prop up their balance sheets, before delaying a vote. The stock rose and fell throughout the day as news about the bailout changed. "Despite the apparent rebuff in congress of the Detroit 3's leadership, we expect a government assistance package to be made available for the domestic automakers," wrote Standard & Poor's Equity Research analyst Efraim Levy, who rates ...

 
 
 
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