General Motors Co.'s recent stock offering was staged to start paying back the government for its $50 billion bailout, but one group made out much better than the taxpayers or other investors: the company's union. Thanks to a generous …
DETROIT (Bloomberg) -- General Motors Co. will probably seek to raise $8 billion to $10 billion in an initial public offering in November, a smaller sale than the automaker originally targeted, said two people familiar with the matter. The U.S. …
Listen, he's not Johnny Manziel, but that failure (of Manziel in the NFL) will make you caution this," the GM told Sporting News, speaking on the condition of anonymity. (NFL GMs are not allowed to comment publicly on current college …
DETROIT (AP) — Surprise! The top-performing stock among automakers in the U.S. this quarter is General Motors. The company, which endured management upheaval during the quarter and announced that it would lose substantial cash in …
KANSAS CITY, Kan. - Even though GM is number one and makes billions in profits every year, the stock has stayed at $33 for seven years. On Tuesday morning shareholders will vote on a plan to divide GM stock into two classes. Under …
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(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 on the hedge …
WASHINGTON -- Here we go again. Another major corporate bankruptcy and a once-stellar stock worth less than four rolls of one-ply toilet paper. There's much concern for GM employees, dealers and customers -- and for good reason. But …
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 …
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 …