Movers: GM, McDonald's, Alcatel-Lucent, Target, Qualcomm
General Motors (GM) rises after the Wall Street Journal reports that the United Auto Workers are willing to create a union-controlled health-care trust fund that would allow the Big Three to shed $95 billion in retiree costs. Also, the Detroit News reports that GM is pursuing a two-tier wage system that would allow it to pay new hires less than veterans. Citigroup initiated coverage of the stock with a buy opinion.
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