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 — Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North America, according to a U.S. Treasury Department statement. GM and the Treasury …
With General Motors appearing stalled in its talks about joining a global auto alliance, billionaire shareholder Kirk Kerkorian stepped back into the limelight Thursday, saying he still thinks an agreement with Renault and Nissan is a …
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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DETROIT – The U.S. government plans to sell another 30 million shares of General Motors stock in a public offering on Thursday as it speeds up efforts to divest itself from a stake in the auto giant that it got in a bailout four years ago. The …
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 …
DETROIT (AP) — 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 …
General Motors Co. (GM) has applied and received approval for a voluntary delisting of its common stock from the Toronto Stock Exchange (TSX) in Canada. The delisting from the TSX will not affect the company’s listing on the New York …
Every year on average there are at least 4 momentum stocks ... s momentum stock candidates is so important from an investment strategy. It is very helpful to be aligned with all the players on the right side of the investment. Drivers for GM
Wasn't the Obama administration supposed to make money back on a sale of GM stock? Or so Treasury Secretary Timothy Geithner and other administration officials suggested back in 2009. Now taxpayers learn that Mr. Obama …