General Motors Company (NYSE:GM) is increasing stakes on its bet so as to sales of fuel-thirsty sport utility vehicles will keep driving its worldwide profits as Chinese as well as other markets sag. GM reported on Tuesday it aims to spend $1.4B to modernize the factory in Arlington, Texas, with […]

Shares of Tesla Motors, Inc. (NASDAQ:TSLA) moved up in afterhours trading session as its new Model X sport utility vehicle will double the firm’s sales volume, CEO Elon Musk said. Musk, speaking with reporters Tuesday at the annual Allen & Co. media conference in Sun Valley, Idaho, did not elaborate. […]

Semiconductor company, United Microelectronics Corporation (NYSE:UMC) declared that unaudited net sales for the month of June 2015 declined 2.83 percent to NT$12.06 billion from last year’s NT$12.41 billion. For the January – June 2015 six-month period, net sales amounted to NT$75.66 billion, up 11.99 percent from NT$67.56 billion in the […]