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Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE General Motors Corp., down 92 cents at $2.70.
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General Motors Corp.’s new chief executive says there’s a greater risk that the company will have to reorganize through bankruptcy, because of greater demands from the Obama administration to get debt off its balance sheet.
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Fujitsu Ltd reaffirmed the company’s commitment to its high-end computer server franchise, even though its partner in that business faces an uncertain future.
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Japan’s Nikkei stock average fell 4 percent on Monday after a U.S. autos task force rejected restructuring plans submitted by General Motors and Chrysler LLC, sending automakers tumbling.
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The White House forced the resignation of General Motors Corp.’s top executive Sunday, on the eve of announcing new aid and a 60-day deadline for the ailing auto giant to restructure.
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