GM gets SEC request, details Delphi exposure
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General Motors Corp.  said on Thursday that U.S. securities regulators were reviewing the automaker's accounting for foreign exchange and commodity derivatives and said a similar hedge-related probe into its former finance arm could force it to restate results again.
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General Motors Corp.  Chief  Financial Officer Fritz Henderson said on Thursday it is  "feasible" but "would be tight" for the auto maker to hammer  out a deal with Delphi Corp. by the end of the first quarter of  2007, the Wall Street Journal reported on its Web site.
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U.S. regulators asked automotive giants  General Motors Corp. GM.Nand Ford Motor Co. F.N for  information on how they account for pension and health care  plans, the companies said on Tuesday.
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Delphi, the largest auto parts supplier to General Motors, intends to sell its interiors business to a billionaire industrialist, Ira L. Rennert, as part of an effort to emerge from bankruptcy protection.
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General Re Corporation, a wholly owned subsidiary of Berkshire Hathaway Inc., acknowledged that it has received a request from the United States Securities and Exchange Commission to provide documentation and information relating to non-traditional or
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General Motors Acceptance Corp., the finance arm of General Motors Corp. (GM.N: Quote, Profile, Research) Corp., may periodically sell up to $3 billion in adjustable rate demand
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Berkshire Hathaway Inc., the holding  company run by billionaire Warren Buffett, on Thursday said its  General Re insurance unit received a request from the U.S.  Securities and Exchange Commission to provide information on  some insurance products.
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The U.S. Securities and Exchange  Commission has asked Marsh & McLennan Cos. Inc. MMC.N for  information about partnerships that individuals affiliated with  the company have invested in, the insurance broker said in a  statement.
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General Motors Corp. GM.N will offer  car buyers nervous about rising interest rates a chance to  lock-in today's low rates in a bid to boost its sluggish U.S.  sales, car dealers briefed about GM's new sales incentive plan  said on Tuesday.
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Investor Kirk Kerkorian said he may   consider buying up to 12 million additional shares of General   Motors Corp. GM.N common stock, according to a filing on   Thursday with the U.S. Securities and Exchange Commission.
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Auto parts maker Delphi Corp  said it would file a reorganization plan on Thursday that lays out a definitive agreement with former parent General Motors Corp  and a path to exiting bankruptcy by the end of the year.
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General Motors Acceptance Corp., the  former finance arm of General Motors Corp. , on Tuesday  said it would receive another $1 billion from GM and warned it  would be hit by pressure from a weakening market for U.S.  mortgages.
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The U.S. Securities and Exchange Commission wants to know more about the circumstances surrounding the resignation of Thomas Perkins from the Hewlett-Packard board earlier this year.
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Comcast Corp.CMCSA.O said Wednesday  it plans to explore ways with mobile electronics maker Delphi  Corp. DPH.N to send video programing to cars, pitting the top  U.S. cable company against Sirius Radio and even Microsoft in a  new battleground for digital entertainment.
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The United Autos Workers union said on Tuesday that bankrupt parts maker Delphi Corp.'s  management will be forced to meet with the union to reach a settlement.
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General Motors Corp.  and bankrupt auto parts maker Delphi Corp.  are near a deal with the United Auto Workers union that would provide a cash payout to Delphi workers in exchange for lower hourly wages, the Detroit News reported on Thursday.
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