Though UAW stand-up strikes only began near the end of the quarter, investors and analysts will be keen to hear what the impact of the staggered strikes will have on GM, the biggest US automaker by sales.
Whether those profit projections remain following the now 5-week labor strike against GM is another story. In addition to GM plants in Wentzville, Missouri and Lansing Michigan, the UAW is striking at all GM parts and distribution centers, crippling the automaker’s ability to service customers’ cars and provide parts to other assembly plants. Just this Monday morning the UAWto third-quarter profits due to the ongoing strike.
Kevin O'Leary says you need to have $5M in the bank to 'survive' no matter what happens — here's the math behind his number and how to hit it ‘I wouldn’t touch with anybody’s money’: Grant Cardone says these two major US cities are some of 'the worst markets to be in right now' for real estate investors — here's whyThe TFSA is one of the best places to hold long-term stocks. Here are three that could be reliable bets for life. The post TFSA Investors: 3 Reliable Stocks to Buy and Hold for Life appeared first on The Motley Fool Canada.