Now that the GM share finally is trading a wee bit above its IPO price, The Treasury is eager to bail from the bailout. The government’s fiance department announced “plans to sell 30 million shares of General Motors Co common stock as …
Back in May and after a nice start to the year, General Motors Company (NYSE:GM) stock looked technically vulnerable. I dared to catch that knife and it paid off. Now I still see upside potential, so I am willing to reset another bullish trade …
MSN1mon
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 …
DETROIT — Investors delivered a vote of confidence for General Motors Co.’s leadership and direction by rejecting a stock-split proposal Tuesday. But the company still faces the challenge of boosting a stock price that has climbed only …
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 …
Washington -- One year after its much-heralded IPO, which raised a record $23.1 billion, General Motors Co.'s stock has swooned 30 percent from its initial offering price. And taxpayers are still holding a big chunk of stock on which they'll …
BMO Capital Markets reaffirmed their market perform rating on shares of General Motors Company (NYSE:GM) (TSE:GMM.U) in a report issued on Wednesday morning. Other research analysts also recently issued research …
Photo: Associated Press General Motors Co. rejected Greenlight Capital Inc.’s plan to have it separate its stock into dividend- and nondividend-paying classes as “unprecedented,” adding that the move would create “an unacceptable level …
DETROIT — Whether it’s a matter of ignorance or greed, people are still buying General Motors stock, even though the company and the government have warned that the shares will someday be worthless. Investors are picking up millions …
General Motors Co. accused the trust set up to handle its bankruptcy claims of secretly plotting with plaintiffs’ attorneys to make it pay $1 billion in stock as part of a $15 million class-action settlement. The accord, revealed at a hearing …