GM China Sales UP 15% and 2 Morning Hot Stocks Trading Now
July was a strong month for General Motors (NYSE:GM) in China – it sold 199,503 vehicles, up 15% y-on-y, as minivans made by its JV with SAIC Motor and Liuzhou saw excellent demand despite tougher competition and a slowing economic scenario.
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The Dark Knight Rises by Time Warner (NYSE:TWX) continued its strong performance at the box office with takings of $36.4 million in its third week, keeping new film debuts on the defensive. Expectations are that the trend may continue as film-goers get over the Colorado shooting tragedy; another notable feature was the record collection of $48 million, out of a total of $354.6 million, that came from IMAX (NASDAQ:IMAX) theatres.
More of McDonald’s (NYSE:MCD) restaurants are rising to meet the challenge posed by Taco Bell (NYSE:YUM) and its popular “Fourth Meal” options in the late hours, by keeping open till later, or converting to a round-the-clock service. In Tampa, out of 186 locations, about 135 are now 24-hour restaurants.
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