GM's 'unusual' investor day could include more details on restructuring: analyst
General Motors Co. is likely to reiterate the need for its restructuring and frame the measures as "necessary to withstand market volatility and to make necessary investments in future technologies," analysts at Morgan Stanley said in a note Tuesday ahead of GM's investor day on Friday. The analysts, led by Adam Jonas, said they also expect management to signal "a strategy that reinforces the need for a separate unit" in regards to GM's Cruise, the company's driverless-car unit, although they said the company is unlikely to be offer specifics. The investor day's timing is "unusual," coming ahead of the Detroit auto show, the analysts said. GM in November announced a sweeping restructuring plan, which includes layoffs, closing plants, and streamlining its vehicle lineup. GM shares rose 1.5% in midday trading Tuesday and are down 21% in the past 12 months. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.