Detroit: General Motors should consider using its excess cash for a stock repurchase from the US government because of the low valuation of the automaker's shares, according to a JPMorgan Chase & Co analyst. "GM is likely to consider …
Sept 21 (Reuters) - The U.S. Treasury expects General Motors Co’s stock price to rise in the future, offering the government a better chance to cut its losses in the automaker, people familiar with Treasury’s thinking said. While the …
Reporting from Los Angeles and New York — General Motors Co. is set to reemerge as a public company this week in one of the year's hottest initial public stock offerings, but many American taxpayers who helped rescue the company won't …
DETROIT • Chief Executive Mary Barra's plan to keep a big cash cushion for General Motors Co. is under attack from a group of shareholders led by a member of the auto task force that helped restructure the company during its 2009 …
DETROIT — Shares of the old General Motors Corp. lost half their value Wednesday after the stock symbol was changed to reflect the company's new name, Motors Liquidation Co. Trading of GM stock under the symbol GMGMQ had been …
We've been down this road before: Hey, didn't you hear that the GM bailout is working out just swell! Why, we're likely to make us a profit on the bailout, so let's not dawdle over details, such as whether the whole goddamn thing was even …
Whether it’s a matter of ignorance or greed, people are still buying General Motors stock, even though the company and the government have warned that the shares will someday be worthless. Investors are picking up millions of shares …
General Motors Company (NYSE:GM) is one step closer to getting American taxpayers out of its business, but the …
DETROIT (Reuters) - Six General Motors Corp (GM.N) executives disclosed on Monday they sold almost $315,000 in stock and liquidated their remaining direct holdings in the struggling automaker. In filings with U.S. securities …