DETROIT — Shares of the old General Motors Corp. lost half their value Wednesday after the stock symbol was changed to reflect the company's new name, Motors Liquidation Co. Trading of GM stock under the symbol GMGMQ had been …
Last Tuesday, General Motors (NYSE: GM) posted another strong quarterly profit. While GM's profit fell significantly on a year-over-year basis -- even excluding charges related to the sale of its European operations -- the company still posted …
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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.
When Stephen Sanford was a New York securities analyst 40 years ago, he came across what he considered one of the stock market`s best indicators. ``Investors seeking aid in the rather difficult business of accumulating a fortune would …
Dear Mr. Berko: I recently subscribed to the Value Line Investment Survey. One of its analysts, Ian Gendler, is recommending buying stock in General Motors, the largest automaker in the world. Gendler says that GM has "strong …
That's why bondholders -- like stock investors -- must monitor the company to make sure its financial conditions are not worsening. Attentive GM bondholders could have recovered much more than now. In 2005, some analysts predicted …
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 …
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 ...