The market has not been kind to General Motors. Its stock is down about 15% in 2014 as the automaker has contended with seven million recalls and questions from victims' families and government officials about why it took 10 years to …
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 …
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 …
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 Co. (NYSE: GM) is one of the most recognizable brands in the United States and is worth more than $50 billion. That's why readers regularly ask us, "Should I Buy GM Stock?" General Motors has grown both sales and …
Investing legend Warren Buffett's faith in General Motors has not been shaken. Buffett's holding company Berkshire Hathaway (BRKA) bought nearly 3 million shares of GM (GM) during the second quarter, according to a regulatory filing …
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 Co.'s stock soared today after the automaker reported its largest annual profit in history. Since the 103-year-old Detroit-based automaker announced a $7.6 billion profit for 2011, the stock has climbed nearly nine percent to …
General Motors released third-quarter earnings before opening bell Thursday. Its report sent GM stock up more than 3% in pre-market trading, and the gain has continued this morning. The company matched analyst estimates with earnings …
The stock rose slightly on the news. There are some compelling reasons why GM may look more attractive than Ford. The stock is cheaper. GM is trading at less than 8 times 2015 earnings forecasts compared to Ford's price-to-earnings-ratio …