Take an ax to GM stock and somehow chop it into two? Are we looking at what could be a good deal for everyday investors? Or just another potential money maker for a hedge fund manager? General Motors' top management made …
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 …
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 …
General Motors (GM) announced on Wednesday that it has been approved to voluntarily delist from the Toronto Stock Exchange. The auto giant reassured its shareholders that the TSX delisting will not impact its current listing on the New …
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 …
(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 …
The old saying that what's good for General Motors is good for the country took on new meaning Thursday after the carmaker went public in a $20-billion-plus stock offering. General Motors Co. shares accelerated smoothly in their first …
Washington -- One year after its much-heralded IPO, which raised a record $23.1 billion, General Motors Co.'s stock has swooned 30 percent from its initial offering price. And taxpayers are still holding a big chunk of stock on which they'll …
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 …
News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here. General Motors (NYSE: GM) stock, likes its automotive brand portfolio, suffers from an marketing crisis, …