DETROIT -- Banks cut automaker ratings, oil climbed to a record high, and stock prices in the auto industry plummeted on Wednesday. General Motors shares closed at $9.98, their lowest close in more than 50 years after a Merrill Lynch …
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 --- Among the banks helping General Motors with its initial public stock offering this week are two identified by initials only: ICBC and CICC. Americans uncomfortable with U.S. government ownership of General Motors might want …
DETROIT (AP) — 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 …
See also: Five Star Stock Watch - Google The company, through its subsidiary, General Motors Financial Company, Inc. provides automotive financing services and lease products through GM dealerships in connection with the sale of used …
DETROIT (AP) — 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 that …
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 stockholders voted for the plan from David Einhorn’s Greenlight Capital hedge …
The training wheels of government support are about to come off at General Motors. The question remains whether the car company can move forward on its own. On Wednesday, GM outlined plans to sell 500 million shares to the public later …
worth of GM common stock last month. The report dated on Monday says the government has recovered about $29.8 billion of its $49.5 billion bailout of the Detroit automaker. That means taxpayers are still $19.7 billion in the hole. The …
One of the many spectacular failures of 2009 was General Motors. Unbelievably, GM went from one of the most important companies and stocks in the nation to a penny stock. GM got a bailout, but its shareholders didn't. With tax time at …