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Los Angelas, CA -- (SBWIRE) -- 01/29/2013 -- General Motors Company (NYSE:GM): General Motors Company is going to spend $600 million on the Kansas City, Kansas plant where they build some of their most important midsize sedans. GM announced today that the upgrades to the Fairfax Assembly and Stamping Plant, as it is known, will include a new 450,000 square-foot paint shop, a new stamping press and other improvements. The Chevrolet Malibu and Buick LaCrosse are built at that plant.
Is GM Breaks $24.00 From Here : Find Out Here
Best Buy (NYSE:BBY) is currently one of the more popular stocks that has been heavily discussed to date, partly due to the buzz generated by a possible buyout courtesy of businessman Richard Schulze. However, this news is hardly encouraging for traders who own or wish to purchase stock in the company, as Best Buy may go private at a price ranging from five to six billion US dollars, which is just about half of what it was originally worth. Still, it has been one of the global leaders in sales of consumer electronics, with over 1,400 stores, around 170,000 employees, and $50 billion in yearly revenue at one point. So is Best Buy a good buy?
Will BBY Continue Its Current Trend? Find Out Here.
Toyota Motor Corporation (NYSE:TM): Toyota Motor Corporation is recalling sixteen models from the 2009 to 2013 model years over a potential issue with passenger seat airbag calibration. In spite of the large number of different Toyotas covered by the recall, just 3,235 units are included. These were vehicles installed with accessories like leather seat covers and headrest DVD systems by Southeast Toyota Distributors and during the modifications, the passenger seat occupant sensor system might not have been calibration tested. If the sensors are not set up properly, the passenger airbag might not work as it should.
How Should Investors React To TM Now? CHECK HERE
Sprint Nextel Corp. (NYSE:S): T-Mobile has joined Sprint Nextel Corp. and Verizon in offering Zoove’s StarStar Me service, letting users replace their phone number with their name. Sprint was the first to adopt the service back in October and Verizon quietly signed on shortly thereafter. T-Mobile’s use of the personalization product solidified their place in the wireless arena. To date, Zoove has seen over 100,000 calls on the service and a StarStar Me number is called every 2 minutes in the U.S.
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