Bloomberg the Company

Bloomberg Anywhere Login


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Follow Us

Industry Products

Markets & Finance

Goldman Downgrades General Motors to Underperform

Goldman Sachs downgraded General Motors (GM) to underperform from in-line.

Analyst Gary Lapidus says he sees GM missing earnings by a wide margin in either 2004 or 2005, possibly both. He cites dangerously high inventory, falling market share, interest rate-driven negative vehicle prices, and unexpected dilution from its contingent-convertibles.

Lapidus downgraded the shares within the context of his cautious coverage view.

The Aging of Abercrombie & Fitch
blog comments powered by Disqus