CLEVELAND, Ohio -- General Motors shares shot up about 10 percent Wednesday after the automaker reported better-than-expected earnings, despite huge losses in Europe. GM earned $1.5 billion in the third quarter, down 14.5 percent …
David Einhorn, the activist investor who has proposed that General Motors create two classes of stock, has accused the company of misleading credit-rating agencies about the plan. Einhorn told Business Insider that rating agencies were …
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 …
OK, investors, take a deep breath and start your engines: "GM owns 13 brands: Alpheon, Chevrolet, Buick, GMC, Cadillac, Holden, HSV, Opel, Vauxhall, Wuling, Baojun, Jie Fang, and UzDaewoo in 37 countries," says Christopher Ma, director …
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 …
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 …
Investors have had their minds on oil lately and not the machines that run on it. It may have escaped their notice that General Motors' stock (GM) has suffered an alarming tailspin. After being offered for sale at $33 a share last November …
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 …