Tuesday, December 22, 2009, 10:48AM ET - U.S. Markets close in 5 hours and 12 minutes.
Fortune 500 - #4
Monday, April 21, 2008provided by
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General Motors
Last Year's Ranking: 3
Revenue ($ millions): 182,347.00
Profit ($ millions): -38,732.00
GM’s recovery is slow going. High gasoline prices, weak auto sales, layoffs, buyouts and a looming recession helped shrink sales 12% and led to a $39 billion loss. Still, GM remains the world’s largest automaker, though it very nearly lost its top position in global car sales - which it has held for 76 years - to Japanese rival Toyota. A two-day nationwide autoworkers strike (the company’s first since 1970) resulted in a cost-saving labor deal that could make the company more competitive with nonunion rivals. It also created a trust fund for retiree health benefits, the first of its kind for autoworkers.
Rates
See today's average rates across the country.
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Loan Type Today Last Week 30 Year Fixed 5.11% 5.07% 15 Year Fixed 4.48% 4.55% 1 Year ARM 3.91% 3.94% 30 Year Fixed Jumbo 5.90% 5.86% 5/1 ARM 4.25% 4.19% 3/1 ARM 4.94% 4.97% Source: Bankrate -
Loan Type Today Last Week $30K Home Equity Loan 8.38% 8.34% $50K Home Equity Loan 8.28% 8.22% $75K Home Equity Loan 8.31% 8.25% $30K HELOC 5.17% 5.19% $50K HELOC 4.91% 4.93% $75K HELOC 4.91% 4.93% Source: Bankrate -
Loan Type Today Last Week 36 Month New Car Loan 6.71% 6.70% 48 Month New Car Loan 6.84% 6.82% 60 Month New Car Loan 6.88% 6.86% 72 Month New Car Loan 6.12% 6.12% 36 Month Used Car Loan 7.17% 7.17% 48 Month Used Car Loan 7.05% 7.05% Source: Bankrate -
Card Type Today Last Week Business Credit Cards 10.74% 9.74% Low Interest Credit Cards 11.97% 11.65% Balance Transfer Credit Cards 12.09% 12.13% Cash Back Credit Cards 12.49% 12.08% Instant Approval Credit Cards 13.32% 13.32% Reward Credit Cards 13.42% 13.29% Source: CreditCards.com
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