{"id":22560,"date":"2017-02-20T06:16:25","date_gmt":"2017-02-20T06:16:25","guid":{"rendered":"http:\/\/www.biphoo.com\/bipnews\/?p=22560"},"modified":"2017-02-20T06:16:25","modified_gmt":"2017-02-20T06:16:25","slug":"gm-shares-climb-35-percent-sells-opel","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/business\/gm-shares-climb-35-percent-sells-opel.html","title":{"rendered":"GM shares could climb 35 percent if it sells Opel"},"content":{"rendered":"<h2 style=\"text-align: justify;\">\n\t<span style=\"font-size:22px;\"><strong><span style=\"color:#000000;\"><span style=\"font-family:arial,helvetica,sans-serif;\">GM shares could climb 35 percent if it sells Opel<\/span><\/span><\/strong><\/span><br \/>\n<\/h2>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\"><strong>GM shares could climb 35 percent if it sells Opel:-<\/strong> General Motors Co (GM.N) shares could climb by as much as 35 percent if it succeeds in selling its European Opel brand and focuses on its healthier markets, Barron&#39;s said on Sunday.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Last week, GM confirmed reports that it was in talks to sell its Opel business to Paris-based PSA Group, which manufactures brands including Peugeot.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">If the deal goes through, it could net GM as much as $1 billion in cash, Barron&#39;s says, citing analysts. However, the real value from the sale would come from offloading a money-losing business and refocusing on operations in China, Latin America and North America, it said.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Last year, GM reported a $257 million operating loss from its Opel unit. Cutting away Opel could gain GM nearly $1 billion in additional annual cash flow, on top of the immediate proceeds from the deal, Barron&#39;s said.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">It also said that investors might reward GM&#39;s stock because the sale would demonstrate a willingness by Chief Executive Mary Barra to focus on value-generating business.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Barron&#39;s added that, although GM is a cyclical stock and a downturn in auto sales is widely expected in the near future, its trough earnings per share will be better than many investors expect, perhaps around $3 to $4.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"color:#000000;\"><span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">GM shares are trading around $37.<\/span><\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:8px;\"><span style=\"color:#000000;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Source:-&nbsp;http:\/\/www.reuters.com\/article\/us-gm-opel-strategy-idUSKBN15Z065<\/span><\/span><\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/business\/gm-shares-climb-35-percent-sells-opel.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>GM shares could climb 35 percent if it sells Opel GM shares could climb 35 percent if it sells Opel:- General Motors Co (GM.N) shares could climb by as much as 35 percent if it succeeds in selling its European Opel brand and focuses on its healthier markets, Barron&#39;s said [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":22561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[13935,10520,6452,10785,2489],"class_list":["post-22560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-gm-shares-could-climb-35-percent-if-it-sells-opel","tag-latest-business-news","tag-local-news","tag-usa-business-news","tag-world-news-today"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/22560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=22560"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/22560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/22561"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=22560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=22560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=22560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}