In November 2010, GM issued a new initial public offering at a price of $33 per share. Today, GM stock is trading at approximately $19.36, down about 40% from its initial price. And the executive turmoil in the company is reaching fever …
NEW YORK — General Motors stock began trading on Wall Street again Thursday, signaling the rebirth of an American corporate icon that collapsed into bankruptcy and was rescued with a $50 billion infusion from taxpayers. The stock
Photo: Associated Press General Motors Co. rejected Greenlight Capital Inc.’s plan to have it separate its stock into dividend- and nondividend-paying classes as “unprecedented,” adding that the move would create “an unacceptable level …
General Motors Corp. headquarters are shown in Detroit. The top-performing stock among automakers in the U.S. this quarter is General Motors. The company, which endured management upheaval during the quarter and announced that …
For investors, Detroit auto giant General Motors (NYSE: GM) has been a mixed bag since its post-bankruptcy return to the public markets in late 2010. On the one hand, GM's profits and margins have been rising, and the company pays a …
The U.S. Treasury Department announced Thursday morning that it will sell the remaining 31.1 million shares of stock the government owns in General Motors Co. (NYSE: GM) by the end of 2013 if average daily trading volumes in the stock
General Motors' (NYSE: GM) top executives want you to know something: They think GM stock is a strong buy. Lately, they've stepped up their efforts to make the case to Wall Street -- and to individual investors. This isn't entirely new. Not …
General Motors Corp. has been dropped from the New York Stock Exchange, and Fitch Rating Service announced this week it is no longer keeping tabs on the company's finances since it has filed for bankruptcy. Nevertheless, trading in …
DETROIT: General Motors Co (GM.N) shares rose as much as 3.1 percent and closed 2.1 percent higher on Tuesday after banks resumed coverage of the automaker with high \ marks for its strong post-bailout balance sheet and its …
(Reuters) - Greenlight Capital’s plan to split up General Motors Co’s (GM.N) stock, as well as its challenge to the company’s board of directors, will come to a head on Tuesday, as the U.S. automaker’s shareholders cast their votes …