penske automotive group

Five Top Stock Picks for the Fourth Quarter

Every quarter, analysts at investment firm Gabelli & Co. come up with five value stocks that are trading way below their intrinsic worth. And their track record at beating the S&P 500 is nothing less than remarkable. Here are their five stock picks for the rest of 2010.

Five Stocks
Mario Gabelli Is Focusing On Now

Every quarter, Gabelli and a team of hotshot stock-pickers select five name -- their Focus Five -- as potential index-beaters. And more times than not, they're choices are spot-on. Here are the team's five picks for the third quarter.

GM to Spyker: No Deal for Saab

Unswayed by the latest offer from Dutch sports car maker Spyker Cars, Detroit-based GM is preparing to mothball Saab for good, The Economic Times has reported, citing a news report published Wednesday in Sweden.

GM's Saab Story Not Over Yet

After announcing Friday that it would shutter Swedish car maker Saab, GM has reportedly received several inquiries from potential buyers. One is from previously rejected Saab suitor Spyker Cars, which has submitted a revised bid that expires at 5 p.m. Monday.

GM to shut down Saturn brand

General Motors said Wednesday it will shut down its Saturn brand, after negotiations with potential buyer Penske Automotive Group (PAG)...