With General Motors appearing stalled in its talks about joining a global auto alliance, billionaire shareholder Kirk Kerkorian stepped back into the limelight Thursday, saying he still thinks an agreement with Renault and Nissan is a …
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 …
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 …
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 …
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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General motors stock is tumbling today. It’s down more than 3 percent so far. That’s after news that GM stocks plunged 18 percent in May. The company blames a drop in sales on low gas prices, among other things.
WASHINGTON -- General Motors will be issuing new stock, a signal that the company is emerging from the ashes like the mythical phoenix. There is much to celebrate with this public offering. The corporate giant and employer of 209,000 …
CHICAGO--(BUSINESS WIRE)--Fitch Ratings has assigned a rating of 'B-' to General Motors Company's (GM) new Series B mandatory convertible junior preferred stock that is slated to be issued in conjunction with the initial public …
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 …