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 …
(See below for why that argument had about as much credibility as a Chevy Citation's cooling system). Now GM has done its first stock IPO and everything is on track for a happy ending. Right? Right! Right? GM sold about 478 million shares …
DETROIT — Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North America, according to a U.S. Treasury Department statement. GM and the Treasury …
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 …
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 …
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 …
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 …
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 …
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 shareholders have overwhelmingly turned down an activist shareholder's plan to split the company's stock into two classes. Only about nine per cent of the stockholders voted for the plan from David Einhorn's Greenlight Capital …
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