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Transcripts For KQED Nightly Business Report 20140701

Im in tofor Tyler Mathisen aga. We begin tonight with General Motors and its widening safety crisis. The automaker stunned consumers and investors today announcing another huge recall and this one involves more fatalities. Gm is recalling over eight million vehicles, all in the u. S. , after defective parts linked to another three crashrelated fatalities. Now this brings the total number of recalls to 28 million vehicles worldwide. Just for this year. Now on top of that, gm also said it would increase the Second Quarter charge to earnings to 1. 2 billion to help pay for all those recalls. The surprising news came on the same day that gm laid out the plans to compensate survivors and the families of another 13 people who were killed in crashes related to those faulty switches. Investors sold on the news. Gm shares fell nearly 1 . Joining us now to talk about all of this, phil lebeau who is covering the gm crossice fris day one. And also with us, Collin Langdon from ubs. So, phil, let me

Transcripts For WHYY Nightly Business Report 20140630

Motors and its widening safety crisis. The automaker stunned consumers and investors today announcing another huge recall and this one involves more fatalities. Gm is recalling over eight million vehicles, all in the u. S. , after defective parts linked to another three crashrelated fatalities. Now this brings the total number of recalls to 28 million vehicles worldwide. Just for this year. Now on top of that, gm also said it would increase the Second Quarter charge to earnings to 1. 2 billion to help pay for all those recalls. The surprising news came on the same day that gm laid out the plans to compensate survivors and the families of another 13 people who were killed in crashes related to those faulty switches. Investors sold on the news. Gm shares fell nearly 1 . Joining us now to talk about all of this, phil lebeau who is covering the gm crossice fris day one. And also with us, Collin Langdon from ubs. So, phil, let me begin with you. You are just a few weeks ago the ceo of gm wa

Basswood Capital Management L L C Has $8 82 Million Holdings in Metropolitan Bank Holding Corp (NYSE:MCB)

Basswood Capital Management L.L.C. lifted its holdings in Metropolitan Bank Holding Corp. (NYSE:MCB – Free Report) by 226.5% in the 4th quarter, Holdings Channel reports. The firm owned 159,279 shares of the company’s stock after buying an additional 110,493 shares during the quarter. Basswood Capital Management L.L.C.’s holdings in Metropolitan Bank were worth $8,821,000 as […]

Ranger Investment Management L P Acquires 5,575 Shares of Metropolitan Bank Holding Corp (NYSE:MCB)

Ranger Investment Management L.P. raised its stake in shares of Metropolitan Bank Holding Corp. (NYSE:MCB – Free Report) by 4.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 146,578 shares of the company’s stock after acquiring an additional 5,575 shares during the quarter. […]

Veritas Asset Management LLP Has $11 39 Million Position in HDFC Bank Limited (NYSE:HDB)

Veritas Asset Management LLP lifted its holdings in shares of HDFC Bank Limited (NYSE:HDB – Free Report) by 19.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 169,772 shares of the bank’s stock after purchasing an additional 28,000 […]

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