They count as sold. Nesvold comes pretty close to calling stock manipulation: “Perhaps the most significant takeaway is the different pickup-truck inventory strategies being pursued by GM and F. Ford F-series inventories are around 79 …
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 …
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 ...
DETROIT (AP) — Shares of General Motors are rising Tuesday as a proxy fight escalates between the company and an activist shareholder who wants to split its shares into two classes. David Einhorn’s Greenlight Capital said Tuesday that …
Greenlight Capital's plan to split up General Motors Co's stock, as well as its challenge to the company's board of directors, will come to a head on Tuesday, as the U.S. automaker's shareholders cast their votes on the hedge fund's …
DETROIT (AP) - General Motors may be free of government ownership by the end of the year — news that sent the company's stock higher on Wednesday. The Treasury Department, in a monthly report to Congress, said Tuesday that …
General Motors' sale of stock on Thursday is poised to be one of the largest initial public offerings in U.S. history. For most companies that would be cause for celebration. But when the shares start trading on the New York and Toronto …
In the years since General Motors went bankrupt and took a massive taxpayer bailout ... founder and CEO of Mainstay …
GM is on the verge of leaving the government fold, once the U.S. Department of Treasury sells the remaining stock it owns in the company. Taxpayers have been shortchanged and have so far lost $8.4 billion. The company received $49.5 …
DETROIT – General Motors has rejected a proposal from investor David Einhorn to split its stock into two classes. The plan from Einhorn’s Greenlight Capital hedge fund would create one dividend-paying stock and one “capital allocation” …