Billionaire Investor David Einhorn of Greenlight Capital called for a split in General Motors stock. He wanted to create two investment options, one that provided a steady dividend and another that offers returns on future growth. The idea was it …
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General Motors tumbled to its lowest price in more than 33 years after Goldman Sachs cut its investment rating on the automaker because of a worsening sales outlook. The stock sank nearly 11%, or $1.38 to $11.43 after Goldman …
the governments will continue to hold more than 119 million GM common shares and 16.1 million GM series A preferred stock through a federal agency. Both Ottawa and the Ontario government acquired GM shares in 2009 after providing …
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DETROIT – General Motors shareholders have overwhelmingly turned down an activist shareholder’s plan to split the company’s stock into two classes. Only about 9 percent of the stockholders voted for the plan from David Einhorn’s …
NEW YORK/DETROIT, Oct 29 (Reuters) - Ford Motor Co’s (F.N) emergence as Detroit’s darling may have fueled jealousy at General Motors Co [GMAAF.UL] headquarters, but the archrival’s rising shares could help GM as it readies its …
General Motors shareholders have overwhelmingly turned down an activist shareholder's plan to split the company's stock into two classes. Only about 9 percent of the stockholders voted for the plan from David Einhorn's Greenlight Capital …
(Reuters) - Greenlight Capital's plan to split up General Motors Co's (NYSE:GM - News) 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 …
When Elon Musk, CEO of Tesla Motors (TSLA), unveiled his company's Model 3 electric car, even he must have been relieved to see pre-orders stream in. Orders surpassed 325,000 within a week, even though production won't begin until …
Click to share on Twitter (Opens in new window) Click to share on Google+ (Opens in new window) Share on Facebook (Opens in new window) Click to share on Pinterest (Opens in new window) DETROIT (AP) — General Motors
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