GM shares rose 1.8 percent to $40.90 in regular trading Monday, at one point reaching $41.17, the highest level since GM’s 2010 initial public offering. DETROIT – The U.S. government ended up losing $10.5 billion on the General Motors
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 …
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 …
NEW YORK - Would you buy stock in a company that has hemorrhaged tens of billions of dollars for years and run through four bosses in quick succession just because it's turned a profit for a few months? That's what General Motors Co. will …
With General Motors appearing stalled in its talks about joining a global auto alliance, billionaire shareholder Kirk Kerkorian stepped back into the limelight Thursday, saying he still thinks an agreement with Renault and Nissan is a …
General Motors might be fine for the garage, but do you want it in your investment portfolio? You'll soon have a chance to buy stock in the "new" General Motors Co., which has filed for an initial public offering that's expected to happen …
DETROIT — Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North America, according to a U.S. Treasury Department statement. GM and the Treasury …
Detroit: General Motors should consider using its excess cash for a stock repurchase from the US government because of the low valuation of the automaker's shares, according to a JPMorgan Chase & Co analyst. "GM is likely to consider …
DETROIT – 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. The …
Billionaire Investor David Einhorn of Greenlight Capital called for a split in General Motors stock. He wanted to create two investment options, one that provided a steady dividend and another that offers returns on future growth. The idea was it …
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