Bullish Analysts Give General Motors Shares a Boost

GM’s stock price rose as much as 2.5% in trading Tuesday after several brokerage houses began coverage of the stock, with several issuing upbeat initial ratings and hefty price targets. GM still faces a hard road forward, but W…

Moody’s: U.S. Aaa Rating Not Under Pressure in 2010 or 2011

The U.S. Aaa credit rating won’t be under pressure from budget deficits in 2010 or 2011, Moody’s Investors Service (MOD) said.

The White House budget office projects that the federal deficit will top $1.5 trillion this year.

“Certainly over time, a…