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The Treasury sold the last of its remaining 31.1 million GM shares today. The taxpayer loss on the GM bailout finishes at $10.5 billion. The Treasury department said it recovered $39 billion from selling its GM stock ... editor at Reason magazine and ...
Reason · 12/9/2013
General Motors Company (NYSE:GM) shares are currently trading just about 5.6% below its one-year high price of $38.15. The company delivered a stunning performance for the fourth quarter crushing all estimates in the process. As a result, the stock
investcorrectly.com · 2/10/2015
NEW YORK—Would you buy stock in a company that has hemorrhaged tens of billions of dollars for years and run through three bosses in quick succession just because it's turned a profit for a few months? That is essentially what General Motors will ask ...
Boston · ByBernard Condon · 8/18/2010
General Motors is getting beat up in the newspapers and Washington, but the stock is prime for a lot of sweet love in the options market. GM options premiums have been pushed higher by a triple whammy: the news cycle, time, and perceived risk. To profit ...
Barron's · BySteven M. Sears · 3/12/2014
As the U.S. Treasury continues to remove the “government” from what has been disparagingly called “government motors,” the department’s monthly report to Congress for July reported another $877 million in GM stock sold. This is part of the ...
Hybrid Cars · ByJeff Cobb · 8/14/2013
The offering will take place along with the sale of 20 million shares of GM ... stock. There was $13.9 trillion held in U.S. mutual funds at the end of April, $6.9 trillion of which was held in equity mutual funds, according to Lipper, a unit of Thomson ...
Reuters · ByMargaret Chadbourn · 6/5/2013
DETROIT - General Motors' stock rose the second day it traded as it rebounded from an early swoon. The automaker's stock climbed 7 cents, or 0.2 percent, to close at $34.26 on Friday, one day after it began trading on Wall Street again, signaling the ...
The Sun · 11/19/2010
WASHINGTON (AP) -- The U.S. Treasury Department on Thursday set a price of $34.41 per share for the sale of 30 million shares of General Motors stock. Treasury said the sale will result in aggregate proceeds to the government of $1.03 billion. A United ...
The Oakland Press · ByMartin Crutsinger · 6/6/2013
The Treasury Department, in a monthly report to Congress, said Tuesday that it sold $1.2 billion worth of GM stock in October. The report didn't say how many shares were sold, but it's likely that the government's stake in of the company is now less than 4 ...
bigstory.ap.org · ByTom Krisher · 11/13/2013
I’m saying it, because if the Obama administration’s recent divestment of GM stock just before the company’s current recall woes began to drive its stock prices into the gutter turns out to be something more than a simple coincidence, it will be an ...
Gas2.0 · 5/24/2014

General Motors

General Motors Company, commonly known as GM, is an American multinational corporation headquartered in Detroit, Michigan, that de…
General Motors Company, commonly known as GM, is an American multinational corporation headquartered in Detroit, Michigan, that designs, manufactures, markets and distributes vehicles and vehicle parts and sells financial services. General Motors produces vehicles in 37 countries under thirteen brands: Alpheon, Chevrolet, Buick, GMC, Cadillac, Holden, HSV, Opel, Vauxhall, Wuling, Baojun, Jie Fang, UzDaewoo. General Motors holds a 20% stake in IMM, and a 77% stake in GM Korea. It also has a number of joint-ventures, including Shanghai GM, SAIC-GM-Wuling and FAW-GM in China, GM-AvtoVAZ in Russia, Ghandhara Industries in Pakistan, GM Uzbekistan, General Motors India, General Motors Egypt, and Isuzu Truck South Africa. General Motors employs 212,000 people and does business in more …
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