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 …
Proving once again that greed and idiocy often go hand in hand, federal regulators have revealed that investors are still plowing money into General Motors stock--the only problem being that the General Motors in which they're investing …
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: 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 …
General Motors Co. (GM) has applied and received approval for a voluntary delisting of its common stock from the Toronto Stock Exchange (TSX) in Canada. The delisting from the TSX will not affect the company’s listing on the New York …
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 …
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 …
DETROIT (Reuters) - Six General Motors Corp (GM.N) executives disclosed on Monday they sold almost $315,000 in stock and liquidated their remaining direct holdings in the struggling automaker. In filings with U.S. securities …
General Motors (GM) re-entered the stock market in November 2010, following the company's 2009 bankruptcy and government bailout. Since then the company has been strongly profitable and piling up cash. Yet, as of the end of May …