S&P

GM says ratings upgrade will aid lending arm, support global sales push

12:34 am U.S. ET | Sept. 26, 2014
GM plans to leverage its return to investment grade, which could lower borrowing costs, by strengthening its lending arm, CFO Chuck Stevens said. GM was forced to sell control of its former GMAC lending arm to raise money, and it now has a smaller, more strategic, finance unit that is getting stronger....
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Tesla bonds get 'junk' rating from S&P

May 29, 2014 06:01 CET
Tesla's bonds were assigned a B- rating, or “junk” status from bond raters at Standard & Poor's. Companies are given junk-bond ratings when Wall Street determines there is an increased possibility of default....
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Tesla bonds assigned 'junk' status by S&P

5:06 pm U.S. ET | May 27, 2014
Tesla received a far less rousing recommendation from bond raters at Standard & Poor's Corp. -- which assigned the electric-vehicle maker a B- rating, or “junk” status....
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Racing, tech events draw crowds to Hoffman stores

Racing, tech events draw crowds to Hoffman stores

Hoffman Auto Group holds more than 100 elaborate events annually to attract and retain customers. Some buyers zip around a racetrack in Porsches at 130 mph. Mon., October 27
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