Investors offer about $38.8 billion in Greek buyback: source

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Delphi Automotive CEO declines to address GM recall costsComments Off

Parts supplier Delphi Automotive Plc Chief Executive Officer Rodney O’Neal declined on Thursday to discuss costs related to the General Motors Co ignition switch recall.

30-year-mortgage Rate Rises To 4.33%Comments Off

The average rate for a 30-year fixed-rate mortgage rose to 4.33% in the week that ended April 24 from 4.27% in the prior week, according to a Thursday report from federally controlled mortgage-buyer Freddie Mac .

European, U.S. Stocks Erase Gains As Russia Starts Military DrillsComments Off

European and U.S. stock markets turned lower in afternoon action on Thursday amid heightened tensions between Ukraine and Russia.

GM posts lower profit after recall; core outlook on targetComments Off

General Motors Co said on Thursday that first-quarter profit tumbled 88 percent after a massive recall due to defective ignition switches, but results still topped expectations on strong pricing for its redesigned pickup trucks in North America and imp…

Apple Bond Prices Slip After Buyback AnnouncementComments Off

Prices of bonds sold by Apple Inc. slipped Thursday after the company announced that it was increasing its share buyback program to $90 billion from $60 billion.

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