Tue, Jun 2nd, 2009
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TOKYO, June 2 (Reuters) - Japan's Nikkei stock average rose0.3 percent on Tuesday, logging an eight-month closing high forthe second straight day, with carmakers up after uncertaintyabout General Motors (GM.N) cleared in the wake of its bankruptcyfiling.Blue-chip tech shares such as Advantest Corp (6857.T) climbedon growing hopes for the U.S. economy, but gains were checked byfalls in shippers, with investors locking in profits after recentsharp gains.
Related stories from top sites:
Rocker Evan Dando takes on GM
Jun 1st, 2009 - Los Angeles Times
It’s a shame, really. Evan Dando, the founder of the fleetingly popular alt-rock band the Lemonheads, is suing General Motors over what the musician claims is the unauthorized copying of one of his songs for two car ads.
Obama turned down Bush proposal on autos
Jun 1st, 2009 - Freep.com
WASHINGTON ? President Barack Obama's transition team turned down a pitch last November from Bush administration officials to publicly join forces in setting tough conditions on General Motors Corp...
Roger Penske: 'We're going to build a Saturn team'
Jun 1st, 2009 - USA Today
Roger Penske, known for his successful racing teams, in addition to being the nation's second-largest auto dealer, has struck a tentative deal to buy the Saturn brand from General Motors...
Nikkei at 8-mth closing high, techs and autos climb
Jun 1st, 2009 - Reuters
* Nikkei at 8-month closing high for second straight day * Resistance at 9,800 and 9,900 * Automakers rise as GM uncertainty cleared * Shippers down on profit-taking after sharp gains TOKYO...
GM to file for bankruptcy, Chrysler sale cleared
Jun 1st, 2009 - Reuters
* GM bankruptcy filing planned for Monday in New York * U.S. government would own 60 percent of "new GM" * Judge clears sale of Chrysler assets to Fiat-led group * Obama to speak on auto industry on Monday (For Reuters coverage on autos...




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