DETROIT (AP) - General Motors may be free of government ownership by the end of the year — news that sent the company's stock higher on Wednesday. The Treasury Department, in a monthly report to Congress, said …
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 …
Ford Motor Company is warning of impending short-term layoffs at several of its factories to reduce a backlog of unsold vehicles. The announcement came amid a continuing drop off in car sales, with Ford’s sales slumping …
Ford
If you run a mutual fund, and a lot of your stocks have done well over the past few years, you can afford to exit a giant, unwanted stock position at a loss. That mentality, apparently, holds in the Treasury Department’s …
General Motors
General Motors (GM) sees robust earnings growth continuing in 2017 as the auto giant plans more cost cuts and share buybacks. Ford Motor (F) late Tuesday announced a special dividend as well as "improved profitability" …
Șoarș
DETROIT (AP) — Shares of General Motors Co. sank to a 10-month low Friday amid continuing fallout from a mishandled recall of 2.6 million small cars. Standard & Poor’s raised doubts that GM’s credit rating would be …
The company that got stuck with General Motors Co.’s debts and bad assets will begin selling stock and warrants in the new GM, according to a regulatory filing Tuesday. Motors Liquidation Co. said in the filing with …
DETROIT -- General Motors stock closed at $34.19 today, just above the $33 price of the initial public offering. GM's owners sold at least 478 million common shares and were expected to sell 15 percent more, just 16 …
Stock
General Motors Stock in Trump’s Crosshairs General Motors Company (NYSE:GM) stock is in the news again after another tweet from President-elect Donald Trump. Trump resorted to his favorite medium—Twitter—to …
We've been down this road before: Hey, didn't you hear that the GM bailout is working out just swell! Why, we're likely to make us a profit on the bailout, so let's not dawdle over details, such as whether the whole goddamn …
Private