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 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 …
Diane Alter: General Motors Co. (NYSE:GM) is one of the most recognizable brands in the United States and is worth more than $50 billion. That’s why readers regularly ask us, “Should I Buy GM Stock?” General Motors has grown both …
DETROIT -- The U.S. government's short stint in the auto business is coming to an end. The Treasury Department said that it will sell its remaining stake in General Motors by early 2014, writing the final chapter of a $50 billion bailout that …
Just days after a court allowed the city of Detroit to file for Chapter 9 municipal bankruptcy, the federal government announced that it would finally sell the last of its stock in General Motors. The auto manufactures stock soared on …
General Motors gm stock fell to $1 a share Wednesday morning as investors fearing bankruptcy continued to flee the once-mighty blue chip industrial giant. The stock traded from $1 to $1.35. Shares of GM on Tuesday fell to 1933 levels …
General Motors Co.’s recent stock offering was staged to start paying back the government for its $50 billion bailout, but one group made out much better than the taxpayers or other investors: the company’s union. Thanks to a generous …
General Motors Co shareholders on Tuesday overwhelmingly rejected proposals by hedge fund Greenlight Capital to restructure the company’s stock and reshape its board, backing chief executive Mary Barra’s efforts to rev up the …
Investors with a bullish thesis on major automakers General Motors (NYSE: GM) and Ford Motor Company have been proven correct as record profits have flowed in over the past couple of years. Investors have also become disgruntled as …
DETROIT — Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North America, according to a U.S. Treasury Department statement. GM and the Treasury …