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 …
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., …
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
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 …
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 …
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 …
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 …
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 …
Just days after a court allowed the city of Detroit to file for Chapter 9 municipal bankruptcy, the federal government announced that it would finally sell the last of its stock in General Motors. The auto manufactures stock soared on …
General Motors Corp. has been dropped from the New York Stock Exchange, and Fitch Rating Service announced this week it is no longer keeping tabs on the company's finances since it has filed for bankruptcy. Nevertheless, trading in …