DETROIT — Investment bankers handling the upcoming General Motors Co. stock sale are expected to court foreign investors as well as those in North America, according to a U.S. Treasury Department statement. GM and the Treasury …
General Motors Co. (GM) has applied and received approval for a voluntary delisting of its common stock from the Toronto Stock Exchange (TSX) in Canada. The delisting from the TSX will not affect the company’s listing on the New York …
June 5 (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 …
DETROIT/BOSTON, April 12 (Reuters) - Greenlight Capital nominated three directors to General Motor Co's board on Wednesday and accused the company of misrepresenting to ratings agencies the prominent hedge fund's proposal to …
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Proving once again that greed and idiocy often go hand in hand, federal regulators have revealed that investors are still plowing money into General Motors stock--the only problem being that the General Motors in which they're investing …
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 …
Detroit: General Motors should consider using its excess cash for a stock repurchase from the US government because of the low valuation of the automaker's shares, according to a JPMorgan Chase & Co analyst. "GM is likely to consider …
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 …
NEW YORK - Would you buy stock in a company that has hemorrhaged tens of billions of dollars for years and run through four bosses in quick succession just because it's turned a profit for a few months? That's what General Motors Co. will …
DETROIT — The initial public stock offering by General Motors will be smaller than previously suggested, and the federal government will most likely sell a relatively small portion of its 61 percent stake in the company, according to people …