TITLE

GM Rallies Market

AUTHOR(S)
Jensen, Trevor
PUB. DATE
June 2005
SOURCE
Adweek;6/13/2005, Vol. 46 Issue 24, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that General Motor Corp. (GM) boosted the stock market on Friday, as the Dow Jones industrial average closed at 10,512.63, up a half point for the week. GM shares were up nearly 9 percent on Friday because of reports that its major union may be willing to negotiate health-care costs that the automaker has blamed for holding it down. The major advertising agency holding companies experienced little movement through a week in which two of three finished with an increase. Interpublic Group of Cos. Inc. closed at $12.63, a rise of 7 cents or .5 percent for the week.
ACCESSION #
17432558

 

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