The sale of the final 31.1-million shares would close the books on GM's $51-billion rescue. The Obama administration expects to post a $10-billion loss on the bailout, although officials have said they never expected to turn a profit and …
GM’s stock increased thanks to the news about the Standard & Poor’s, which will add the company’s shares to two of its stock indexes. The US automaker’s shares rocketed on Monday after the agency announced it will add GM shares to …
Shares of General Motors reached an important milestone Friday, closing above their initial public offering price of $33 for the first time in more than two years. GM shares reached $33.77 Friday before slipping back to close at $33.42, up 3.2 …
Sept 21 (Reuters) - The U.S. Treasury expects General Motors Co’s stock price to rise in the future, offering the government a better chance to cut its losses in the automaker, people familiar with Treasury’s thinking said. While the …
Marshall Hargrave: It’s been a heck of a turnaround since General Motors Company (NYSE:GM) went bankrupt in 2009. But GM stock is up just 12% since completing its IPO in 2010. Meanwhile, the S&P 500 is up 73% over that period. …
DETROIT • Chief Executive Mary Barra's plan to keep a big cash cushion for General Motors Co. is under attack from a group of shareholders led by a member of the auto task force that helped restructure the company during its 2009 …
Consider this. Since late December 2005, GM’s (GM) stock has doubled to about $38. With all of the excitement about the sale of Chrysler, Daimler’s (DCX) stock is up 80%. Ford (F) and Toyota (TM) are up about 20% over that period. GM’s …
Reporting from Los Angeles and New York — General Motors Co. is set to reemerge as a public company this week in one of the year's hottest initial public stock offerings, but many American taxpayers who helped rescue the company …
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 …