They count as sold. Nesvold comes pretty close to calling stock manipulation: “Perhaps the most significant takeaway is the different pickup-truck inventory strategies being pursued by GM and F. Ford F-series inventories are around 79 days, while GM’s ...
The stock rose slightly on the news. There are some compelling reasons why GM may look more attractive than Ford. The stock is cheaper. GM is trading at less than 8 times 2015 earnings forecasts compared to Ford's price-to-earnings-ratio of more than 9.
CNN Money · 3y
DETROIT, MI- In wake of the U.S. Treasury Department announcing its planned exit of General Motors Co., the automaker’s stock surged to more than a 52-week high in early morning trading. The Detroit-based automakers stock [NYSE: GM] was trading for as ...
MLive · 5y
General Motors Co. (NYSE: GM) is one of the most recognizable brands in the United States and is worth more than $50 billion. That's why readers regularly ask us, "Should I Buy GM Stock?" General Motors has grown both sales and profits for years.
The old saying that what's good for General Motors is good for the country took on new meaning Thursday after the carmaker went public in a $20-billion-plus stock offering. General Motors Co. shares accelerated smoothly in their first day of trading ...
CLEVELAND, Ohio -- General Motors' initial public stock offer launched this morning with the company selling more than $20 billion in stock at $33 per share. After GM released its shares, traders pushed the stock higher. By about 10 a.m., it was trading at ...
NEW YORK — General Motors stock began trading on Wall Street again Thursday, signaling the rebirth of an American corporate icon that collapsed into bankruptcy and was rescued with a $50 billion infusion from taxpayers. The stock rose sharply in its ...
MassLive · 7y
(CNN) – In an interview published Tuesday, Mitt Romney said as president he would sell the government's share of GM stock, even if that means cutting a loss. The presumptive GOP presidential nominee accused the president of delaying the sale of the ...
In the years since General Motors went bankrupt and took a massive taxpayer bailout, the company has maintained a “fortress balance sheet,” heavy on shock-absorbing cash. After a monthlong siege, however, that fortress has proved permeable, as …
GM stockholders, especially the large stockholder in Washington, DC, have reason to rejoice: Today, GM shares “topped their 2010 initial public offering price, which will help the automaker’s largest shareholder, the U.S. Treasury, pare its losses ...