BOSTON – Ray in Livonia, Mich., is torn between optimism and frustration. The long-time General Motors shareholder had just learned that his favorite company suffered a crushing fourth-quarter loss, it's fifth consecutive quarter in the red. …
DETROIT -- Greenlight Capital Inc.'s proposal to split General Motors' stock was overwhelmingly rejected by the automaker's shareholders. Based on preliminary results, GM on Tuesday reported Greenlight's dual-class common …
Since GM declared bankruptcy in 2009 and was bailed out by the Obama administration, Obama and GM executives have publicly set business benchmarks — such as market share — they have failed to reach while publicly pumping up …
Headquartered in Detroit, General Motors Company (GM) is a global automotive player that designs, builds and sells trucks and cars. In addition, other fast-growing peripheral businesses include auto loan financing, leases, and …
General Motors released third-quarter earnings before opening bell Thursday. Its report sent GM stock up more than 3% in pre-market trading, and the gain has continued this morning. The company matched analyst estimates with earnings …
General Motors will be issuing new stock, a signal that the company is emerging from the ashes like the mythical phoenix. There is much to celebrate with this public offering. The corporate giant and employer of 205,000 people …
Last Tuesday, General Motors (NYSE: GM) posted another strong quarterly profit. While GM's profit fell significantly on a year-over-year basis -- even excluding charges related to the sale of its European operations -- the company still posted …
From a financial perspective, the new post-bailout General Motors (NYSE: GM) has been a resounding success. The company is on pace to produce an operating profit of more than $10 billion for a third consecutive year, something that …
(CNN) – In an interview published Tuesday, Mitt Romney said as president he would sell the government's share of GM stock, even if that means cutting a loss. The presumptive GOP presidential nominee accused the president of delaying …
WASHINGTON -- The federal government on Monday sold its remaining shares of General Motors Co. stock, ending the controversial $49.5-billion bailout of the automaker with an approximately $10.5-billion loss for taxpayers. "This marks …