General Motors shareholders might not ask many hard questions as they gather today at the Renaissance Center for their annual meeting, but that won't erase the nagging question that persists throughout this combative election year: …
WASHINGTON — The U.S. government is taking advantage of the recent run-up in General Motors stock to sell off another 30 million shares in the auto giant that it acquired in a bailout. The Treasury Department said Wednesday that …
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 …
Taxpayers are expected to lose $10 billion on the deal unless General Motors (GM) can turn the government’s $1.2 billion stake into $11.1 billion, growth that would have GM trading at more than $350 per share, on par with elite companies, …
DETROIT, Aug. 16, 2017 /PRNewswire/ -- General Motors Co. (NYSE: GM; TSX: GMM.U) today announced that it has applied and received approval for a voluntary delisting of its common stock from the Toronto Stock Exchange (TSX) in …
DETROIT — The initial public stock offering by General Motors will be smaller than previously suggested, and the federal government will most likely sell a relatively small portion of its 61 percent stake in the company, according to people …
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 …
DETROIT -- 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 it's sending …
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 …
June 5 (Reuters) - Greenlight Capital's plan to split up General Motors Co's stock, as well as its challenge to the company's board of directors, will come to a head on Tuesday, as the U.S. automaker's shareholders cast their votes …