General Motors’ announcement that it will buy back $5 billion worth of stock raises the question of whether the stock buyback has turned into a shareholder activist shakedown. G.M. did not open its coffers willingly. Harry J. Wilson, a …
DETROIT, MI- General Motors Co.’s stock this morning hit an all-time low since its record initial public offering in November 2010. The Detroit-based automaker’s stock [NYSE: GM] price per share fell to as low as $18.85. Its previous …
Buffett has filled his portfolio with high quality dividend growth stocks. One such dividend stock is General Motors (GM). GM stock makes up approximately 1.2% of Berkshire’s portfolio. GM does not have a long history of paying …
Q: Now that General Motors has filed bankruptcy and has emerged from bankruptcy proceedings as the "new" GM, is the "old" GM common stock worthless? If so, can I take a capital gains loss for this for 2009 tax year? A: The old GM isn't …
DETROIT — Investors delivered a vote of confidence for General Motors Co.’s leadership and direction by rejecting a stock-split proposal Tuesday. But the company still faces the challenge of boosting a stock price that has climbed only …
Last month, General Motors announced the recall of 1.6 million older vehicles due to faulty ignition switches. The switches are blamed for a series of accidents in which 13 people have died. Concerns that GM had known about the …
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General Motors Co.’s net income in the first quarter soared nearly 34 percent to $2.61 billion, a new record for the three-month period. But the stock market largely shrugged off the results Friday. While GM announced Friday six first-quarter …
Want to buy some General Motors stock? I mean, who wouldn’t want to buy stock in GM today, am I right? Well, if you want to sink your money into the albatross that General Motors has become, shares are down to $33.30, which is just …
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. …
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 …