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JPMorgan Chase To Raise $5 Billion To Repay TARP

Posted: 06/01/2009 - JPMorgan Chase & Co. plans to raise $5 billion through a common stock offering as it seeks to repay the $25 billion that the bank was awarded in the government's troubled asset relief program.

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Stocks Rally After Positive Economic Data

Updated: 06/02/2009 - The stock market started June with a rally thanks to more benign economic data. Monday brought better-than-expected readings on manufacturing, consumer spending and construction spending.

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GM To Close Or Idle 12 More Plants

Posted: 06/01/2009 - General Motors Corp. says it will permanently close nine more plants and idle three others to trim production and labor costs under bankruptcy protection.

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GM Bankruptcy Court Filings Begin With NY Dealer

Posted: 06/01/2009 - A General Motors dealership in New York has filed for bankruptcy protection, beginning the wave of court filings expected Monday as the automaker files for legal protection to complete its reorganization.

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UAW Members Approve General Motors Concessions

Updated: 05/29/2009 - GM is thanking its employees after the United Auto Workers union ratified a package of concessions it says will save the automaker more than $1 billion a year.

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GM Shares Fall Below $1 As Deadline Approaches

Posted: 05/29/2009 - Shares of General Motors Corp. have fallen below $1 for the first time in 76 years as a Chapter 11 bankruptcy filing for the automaker appears increasingly likely.

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UAW Members Likely To Approve GM Concessions

Posted: 05/29/2009 - Workers at six General Motors Corp. factories have voted overwhelmingly to approve contract concessions and local union leaders say the deal appears headed for ratification.

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Stocks Mixed After GDP Drop Gets Trimmed

Posted: 05/29/2009 - Stocks are mixed after the government said the economy shrank in the first quarter at a slower pace than initially estimated.

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Chrysler Heads Back To Bankruptcy Court Today

Posted: 05/29/2009 - It'll take at least one more day for a judge to determine whether it's in the best interests of Chrysler and its stakeholders to sell most of the company to Italy's Fiat Group SpA.

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Crash Diet: GM Getting In Shape For Chapter 11

Posted: 05/29/2009 - With General Motors expected to file for bankruptcy protection as early as Monday, the company is trying to secure whatever cost concessions it can beforehand.

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