WASHINGTON -- 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 209,000 …
General Motorsstock fell to lows not seen since the Great Depression on Tuesday as investors reacted to news that six top executives had sold the remainder of their holdings in the company. As GM careens toward bankruptcy, the latest …
General Motors might be fine for the garage, but do you want it in your investment portfolio? You'll soon have a chance to buy stock in the "new" General Motors Co., which has filed for an initial public offering that's expected to happen …
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 …
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If the saying "As goes General Motors so goes America" holds true then it doesn't look very good for America or for the stock market. In a March 16th profit warning GM announced that significant weakness in the North American …
(See below for why that argument had about as much credibility as a Chevy Citation's cooling system). Now GM has done its first stock IPO and everything is on track for a happy ending. Right? Right! Right? GM sold about 478 million shares …
For investors, Detroit auto giant General Motors (NYSE: GM) has been a mixed bag since its post-bankruptcy return to the public markets in late 2010. On the one hand, GM's profits and margins have been rising, and the company pays a …
Berkshire Hathaway also added to its stakes in U.S. Bancorp ( USB), Bank of New York Mellon Corp ( BK) and Monsanto Co. ( MON) and reduced its positions in American Airlines Group ( AAL), General Motors Co ... 5.1 billion of Apple stock.
General Motors Co. (GM) avoided a potential $1 billion-plus stock payout to address claims stemming from the auto giant's ignition-switch crisis after a judge found a settlement between plaintiffs and a trust for the company's bankruptcy …
General Motors Company (NYSE:GM) is one step closer to getting American taxpayers out of its business, but the …