NEW YORK/DETROIT, Oct 29 (Reuters) - Ford Motor Co’s (F.N) emergence as Detroit’s darling may have fueled jealousy at General Motors Co [GMAAF.UL] headquarters, but the archrival’s rising shares could help GM as it readies its …
General Motors tumbled to its lowest price in more than 33 years after Goldman Sachs cut its investment rating on the automaker because of a worsening sales outlook. The stock sank nearly 11%, or $1.38 to $11.43 after Goldman …
DETROIT -- Banks cut automaker ratings, oil climbed to a record high, and stock prices in the auto industry plummeted on Wednesday. General Motors shares closed at $9.98, their lowest close in more than 50 years after a Merrill Lynch …
DETROIT --- Among the banks helping General Motors with its initial public stock offering this week are two identified by initials only: ICBC and CICC. Americans uncomfortable with U.S. government ownership of General Motors might want …
Today has seen General Motors – also known as GM – start trading on the NY Stock exchange on IPO day, you should be able to see the GM stock price today on Market Watch. The initial public offering has set records, which analysts …
THE US government has sold another chunk of its stake in General Motors Company. The Treasury Department says in its February report to Congress that it sold $US489.9 million ($A479.14 million) worth of GM common stock last month. …
The training wheels of government support are about to come off at General Motors. The question remains whether the car company can move forward on its own. On Wednesday, GM outlined plans to sell 500 million shares to the public later …
One of the many spectacular failures of 2009 was General Motors. Unbelievably, GM went from one of the most important companies and stocks in the nation to a penny stock. GM got a bailout, but its shareholders didn't. With tax time at …
Teddy Bridgewater's fall from potential No. 1 overall pick to possibly dropping out of the first round can seemingly be traced back to one bad day -- March 17, when his "average at best" pro day workout left several observers …
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This is the VOA Special English Economics Report. America's biggest carmaker accepted fifty billion dollars in federal aid from the Obama and Bush administrations. People joked that GM meant "Government Motors." Now, General Motors