President Barack Obama on Thursday celebrated the return of a reborn General Motors to the U.S. stock market, saying it shows some of the "tough decisions that we made" during the financial crisis were beginning to pay off. "American …
GM stockholders, especially the large stockholder in Washington, DC, have reason to rejoice: Today, GM shares “topped their 2010 initial public offering price, which will help the automaker’s largest shareholder, the U.S. Treasury, pare its …
CLEVELAND, Ohio -- General Motors' initial public stock offer launched this morning with the company selling more than $20 billion in stock at $33 per share. After GM released its shares, traders pushed the stock higher. By about 10 a.m., …
The old saying that what's good for General Motors is good for the country took on new meaning Thursday after the carmaker went public in a $20-billion-plus stock offering. General Motors Co. shares accelerated smoothly in their first …
NEW YORK — General Motors stock began trading on Wall Street again Thursday, signaling the rebirth of an American corporate icon that collapsed into bankruptcy and was rescued with a $50 billion infusion from taxpayers. The stock
DETROIT: General Motors Co (GM.N) shares rose as much as 3.1 percent and closed 2.1 percent higher on Tuesday after banks resumed coverage of the automaker with high \ marks for its strong post-bailout balance sheet and its …
After years of turmoil and failure, General Motors made a smooth return to the stock market Thursday, posting a modest gain in shares in a massive public offering that President Obama touted as proof of the auto industry bailout's success. …
Diane Alter: 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 …
General Motors Corp. headquarters are shown in Detroit. The top-performing stock among automakers in the U.S. this quarter is General Motors. The company, which endured management upheaval during the quarter and announced that …
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 people …