General Motors Company (NYSE: GM) stock traded higher by 1.4 percent on Tuesday morning after the company reported record fourth-quarter earnings. After factoring in a one-time $7.3 billion non-cash charge from tax reform, GM reported …
Most experts, including your humble Fool, agree that the auto industry is in the midst of what will likely be a wrenching transition from the old way of doing things (privately owned gas-burning cars and trucks), to a future built around electric ...
Editor's note: This report has been updated to reflect the correct date of Greenlight's letter to shareholders and the correct title of Consol Energy's William Thorndike. Greenlight Capital's plan to split up General Motors stock, as well as its …
DETROIT • General Motors shareholders have overwhelmingly turned down an activist shareholder's plan to split the company's stock into two classes. Only about 9 percent of the stockholders voted for the plan from David Einhorn's …
DETROIT, Michigan – General Motors’ shareholders rejected Greenlight Capital’s proposal to split the company’s stock into two classes, with 91 percent rejecting maverick hedge fund investor David Einhorn’s attempt to separate automotive ...
Last Tuesday, General Motors (NYSE: GM) posted another strong quarterly profit. While GM's profit fell significantly on a year-over-year basis -- even excluding charges related to the sale of its European operations -- the company still posted …
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General Motors Co. Chief Executive Mary Barra faces shareholders this week, under pressure from a hedge-fund investor and fresh scrutiny following the ouster of her counterpart at a crosstown rival. Continue Reading Below Shareholders …