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Версія за 14:38, 26 жовтня 2015



The talks between G.M. and Cerberus Capital Management, the private equity firm that owns Chrysler, began more than 30 days ago, and the negotiations are not certain to produce an arrangement. Two people close towards process said the probability of a merger were "50-50" as of Friday and would most likely still take weeks to work out.

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Red Bank, N.J.-based home builder Hovnanian Enterprises(HOV_) reported a much wider loss for its fiscal second quarter since. last year as gross margins deteriorated and contract backlog repudiated.

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