The government’s fiance department announced “plans to sell 30 million shares of General Motors Co common stock as part of its ongoing effort to wind down the government’s stake in the bailed-out automaker,” Reuters says. On June 6, …
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 …
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., …
After years of turmoil and failure, General Motors made a smooth return to the stock market Thursday, posting a modest gain in shares in a massive public offering that President Obama touted as proof of the auto industry bailout's success. …
President Barack Obama on Thursday celebrated the return of a reborn General Motors to the U.S. stock market, saying it shows some of the "tough decisions that we made" during the financial crisis were beginning to pay off. "American …
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 …
In the years since General Motors went bankrupt and took a massive taxpayer bailout, the company has maintained a …
Diane Alter: 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 …
General Motors Corp. headquarters are shown in Detroit. The top-performing stock among automakers in the U.S. this quarter is General Motors. The company, which endured management upheaval during the quarter and announced that …
Just days after a court allowed the city of Detroit to file for Chapter 9 municipal bankruptcy, the federal government announced that it would finally sell the last of its stock in General Motors. The auto manufactures stock soared on …