GM Details Delphi Exposure, Gets SEC Request
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General Motors said Thursday it expects to take a $1 billion charge in the second quarter and pay a total of $7 billion to cover retirement costs for workers at the Delphi Corporation.
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The control of a reorganized  and potentially profitable U.S. auto parts maker Delphi Corp.   may come down to a fight between its two largest  shareholders.
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U.S. conglomerate General Electric Co   is expected to make changes to its accounting policies  in a bid to end a U.S. Securities and Exchange Commission  probe, the Wall Street Journal reported on Tuesday citing  people familiar with the situation.
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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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General Motors Corp.&#39;s   priorities for this year include concluding a deal to  allow its former parts subsidiary Delphi Corp  to  emerge from bankruptcy and cutting its own health care costs,  the automaker&#39;s chief executive said on Tuesday.
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General Motors Corp.  said on Thursday U.S. securities regulators had requested documents relating to its accounting for financial hedges and said a parallel inquiry at its former finance arm could force the automaker to restate past results again.
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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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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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Google has received the green light for its initial stock offering -- but not without ruffling a few feathers at the Securities &amp; Exchange Commission, which oversees share offerings. The SEC&#39;s job is to make sure that companies disclose all the ...
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LOS ANGELES (CBS.MW) - The US Securities and Exchange Commission is probing transactions between Delphi Corp and EDS, which supplies the automotive parts and components giant with technology services, Delphi said late Wednesday.
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The US Securities and Exchange Commission has asked Marsh &amp; McLennan Cos. Inc. (MMC) for information about partnerships that individuals affiliated with the company have invested in, the insurance broker said in a statement.
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THE REGION Sapient Corp., a technology consulting company, said the Securities and Exchange Commission is investigating the company's stock options granting practices. Sapient will cooperate fully with the commission, the Cambridge company said in a regulatory filing. Sapient said last month that an internal review of the practices had ended and found no misconduct.
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Federal prosecutors have asked the Securities and Exchange Commission for information gathered from an investigation of Merrill Lynch &amp; Co's  activities in mortgage securities, The Wall Street Journal reported on Friday.
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The company may be hinting at going public.
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Investors sold off shares of auto parts makers Friday after Delphi Corp. issued a profit warning and said it would cut nearly 5 percent of its work force next year.
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General Motors Acceptance Corp., the finance arm of General Motors Corp. (GM.N: Quote, Profile, Research) , may periodically sell up to $3 billion in adjustable-rate demand notes, according to a regulatory filing on Friday.
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Delphi said yesterday that it had accepted an offer led by private-equity firm Appaloosa Management to invest as much as $2.55 billion in the bankrupt auto-parts maker.