On Monday, Shares of General Motors Company (NYSE:GM), lost -0.40% to $31.61.
General Motors is close to becoming the first major automaker to sell a China-made vehicle in the U.S. in a move that could fuel political consternation over the decline of the American manufacturing sector, according to USA Today.
Industry analysts expect that the automaker will import the compact crossover Buick Envision from a plant in China to U.S. dealerships by the end of 2016. In fact, IHS Automotive analysts are so sure it will happen, they’ve already integrated it into their official U.S. sales forecasts. USA Today Reports
“That’s what we expect,” IHS analyst Stephanie Brinley said. “It will be interesting to see, if GM follows through on this plan, how consumers will react.”
General Motors Company designs, builds, and sells cars, crossovers, trucks, and automobile parts worldwide. It operates through GM North America, GM Europe, GM International Operations, GM South America, and GM Financial segments.
Shares of American Eagle Outfitters (NYSE:AEO), inclined 2.06% to $18.35, during its last trading session.
The total number of shares changed hands during the day was 4.94 million. After opening at $17.98, the stock hit as high as $18.38. However, it traded between $10.63 and $18.41over the last twelve months.
In conjunction with American Eagle Outfitters (AEO) second quarter 2015 earnings release, you are invited to listen to a broadcast of the conference call live over the Internet on Wednesday, August 19, 2015 at 11:00 a.m. ET.
- What: American Eagle Outfitters Second Quarter 2015 Earnings Conference Call
- When: 11:00 a.m. ET, Wednesday, August 19, 2015
American Eagle Outfitters, Inc. operates as a retailer of apparel and accessories in the United States and internationally. The company’s stores offers denims, pants, shorts, sweaters, fleece, outerwear, graphic T-shirts, footwear, and accessories for 15 to 25 year old men and women under the American Eagle Outfitters brand name; and intimates and personal care products for women the aerie brand name. As of January 31, 2015, it operated 955 American Eagle Outfitters stores and 101 aerie stand-alone stores.
Finally, Credit Suisse Group AG (ADR) (NYSE:CS), ended its last trade with 0.79% gain, and closed at $28.18.
Credit Suisse declared that Pedro Jorge Villarreal will become the Chief Executive Officer of Mexico, effective right away. Our leading Mexico franchise has grown significantly over the past half-century into a fully integrated Investment Bank, Private Bank and Asset Administration business.
Robert Shafir, CEO of Credit Suisse Americas Region, said: “I am thrilled that Pedro Jorge Villarreal, an established and recognized leader in our Latin America franchise, will be taking on this leadership role as country CEO for Mexico. Mexico’s growing economy brings with it a need for raised financial intermediation, wealth creation and deeper capital markets - and Credit Suisse is uniquely positioned to meet these needs. I expect our success in Mexico to continue under the leadership of Mr. Villarreal. I would also like to thank Mr. Grisi for his considerable contributions during his many years at the bank.”
This appointment marks a natural progression for Mr. Villarreal and for Credit Suisse in Mexico, where the bank dominates the Equities business as the biggest trader on the local stock exchange for four years in a row and the No. 1 underwriter for initial public offerings and follow-on equity issuance. The bank has also maintained a top 3 position in Debt Capital Markets and a top 5 spot in onshore Private Banking, while building out our Asset Administration business and offering clients top-tier equities and fixed income research.
Credit Suisse Group AG, together with its auxiliaries, provides various financial services to private, corporate, institutional, government clients, and high-net-worth individuals, in addition to affluent and retail clients worldwide.
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