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 …
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 …
General Motors Chairperson and CEO Mary Barra speaks to the news media at the company's annual meeting of shareholders June 6, 2017 in Detroit. General Motors Chairperson and CEO Mary Barra speaks to the news media at …
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 …
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 …
Make in U.S.A.or pay big border tax! — Donald J. Trump (@realDonaldTrump) January 3, 2017 GM’s stock dropped by about 1 percent, roughly a quarter billion dollars in value, after his tweet. ADVERTISEMENT The automaker revealed …
DETROIT, MI- General Motors Co.’s stock this morning hit an all-time low since its record initial public offering in November 2010. The Detroit-based automaker’s stock [NYSE: GM] price per share fell to as low as $18.85. Its previous low of $19 ...
NEW YORK (CNNMoney) -- General Motors ... price performance, asking that GM restore its dividend or announce a share repurchase with the cash it has on hand. Shareholder Conrad Trendowski asked what Akerson was being told by Wall …
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 …
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 …