Ford and GM Give Hourly Workers These Bonuses

Hourly workers at General Motors (NYSE:GM) and Ford (NYSE:F) can expect to receive bonus checks for $250 this week or next. The payment is a reward for meeting specific goals asserted in the new contract with the UAW.

Here’s how these two automakers stocks are performing on the news:

General Motors Corporation (NYSE:GM): GM shares recently traded at $20.40, down $0.4, or 1.92%. They have traded in a 52-week range of $19.05 to $39.48. Volume today was 5,705,627 shares versus a 3-month average volume of 12,295,600 shares. The company’s trailing P/E is 4.46, while trailing earnings are $4.57 per share. Get the most recent company news and stock data here >>

Ford Motor Co. (NYSE:F): F shares recently traded at $10.80, down $0.05, or 0.46%. They have traded in a 52-week range of $9.05 to $18.97. Volume today was 20,471,291 shares versus a 3-month average volume of 62,517,000 shares. The company’s trailing P/E is 6.48, while trailing earnings are $1.67 per share. Get the most recent company news and stock data here >>

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