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 …
DETROIT (AP) — 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.
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 …
General Motors Company (NYSE:GM) released its Q4 2017 earnings report before opening bell this morning. GM earnings came in at $1.65 per share on an adjusted basis, representing a 21.3% year-over-year increase, while sales …
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 ...
Berkshire Hathaway also added to its stakes in U.S. Bancorp ( USB), Bank of New York Mellon Corp ( BK) and Monsanto Co. ( MON) and reduced its positions in American Airlines Group ( AAL), General Motors Co ... 5.1 billion of Apple stock.
DETROIT: General Motors shareholders on Tuesday overwhelmingly rejected a proposal to divide company shares into two distinct classes with different objectives, the company announced. The vote at the auto giant's annual meeting …
DETROIT (AP) — Surprise! 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 it would lose substantial cash in …
Faced with a potential cash shortage, General Motors crashed yesterday to close at its lowest price since the dark days of 1974. Shares had initially tumbled 12 percent intraday to a new trading low of $11.21 after Goldman Sachs …
General Motors announced a $5 billion US stock buyback as part of a plan to return more cash to investors. In return, an activist shareholder decided to drop a potentially divisive bid for a seat on the company's board. The moves, announced …
CBC2y