Dow Average Futures Advance as Bond Yields, Oil Drop; GM, Blackstone Gain

(Bloomberg) -- Dow Jones Industrial Average futures
rose after bond yields fell and oil prices dropped.

General Motors Corp. climbed after Goldman, Sachs & Co.
advised clients to buy shares of the biggest U.S. automaker
because the United Auto Workers union may offer larger-than-
expected concessions. Blackstone Group LP, the private-equity
firm valued at $38 billion after its initial public offering June
22, also gained.


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GM, Ford Trounce Toyota's Shares, Bonds; Chrysler Buyout Buoys Investors

(Bloomberg) -- In case you missed it, General Motors
Corp. and Ford Motor Co. outperformed Toyota Motor Corp. in the
stock market the past 12 months. The next year may be no
different as Cerberus Capital Management LP seeks to turn
Chrysler around.

Armed with a $12 billion war chest, the private-equity firm
can take a hard line in July-to-September labor contract talks
with the United Auto Workers. That will benefit all of the Big
Three U.S. automakers because contract settlements at one company
usually form the basis for agreements at others, analysts said.


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