GM May Need $7.3 Billion of Capital, Lehman Says

Bloomberg On The Money: Morning Analyst Calls

Stock news and reports from Wall Street including upgrades, downgrades and market reactions.

GM May Need $7.3 Billion of Capital, Lehman Says
Wed Aug 20 12:21:46 EDT 2008

Aug. 20 (Bloomberg) -- General Motors Corp., the biggest U.S. automaker, will probably need $7.3 billion of fresh capital to pay its bills through 2009, Lehman Brothers Holdings Inc. said. Included are analysts' calls for Morgan Stanley, Kohl's Corp., Macy's, Inc., Analog Devices Inc., Dr. Pepper Snapple Group Inc., Yamana Gold Inc., Dish Network Corp., O'Reilly Automotive Inc., ITT Corp., National Instruments Corp., Jack Henry & Associates Inc. and Amgen Inc. External site

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