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 …
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 …
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 …
(CNN) – In an interview published Tuesday, Mitt Romney said as president he would sell the government's share of GM stock, even if that means cutting a loss. The presumptive GOP presidential nominee accused the president of delaying …
They count as sold. Nesvold comes pretty close to calling stock manipulation: “Perhaps the most significant takeaway is the different pickup-truck inventory strategies being pursued by GM and F. Ford F-series inventories are around 79 …
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 …
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 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 …
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 …
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 …