GM Stock Down One-Third From IPO
Washington -- One year after its much-heralded IPO, which raised a record $23.1 billion, General Motors Co.'s stock has swooned 30 percent from its in...
Washington -- One year after its much-heralded IPO, which raised a record $23.1 billion, General Motors Co.'s stock has swooned 30 percent from its in...
bloomberg.com | Rebecca Christie and Ian Katz | Posted 05.25.2011
Nov. 26 (Bloomberg) -- Want to underwrite one of the largest initial public offerings in history? Chop your usual fee by three-fourths and commit to l...
AP | Posted 05.25.2011
WASHINGTON — President Barack Obama on Thursday celebrated the return of a reborn General Motors to the U.S. stock market, saying it shows some ...
Posted 05.25.2011
NEW YORK/DETROIT (By Clare Baldwin and Kevin Krolicki) - General Motors Co GM.UL raised the common stock portion of its initial public offering by 31...
AP | TOM KRISHER | Posted 05.25.2011
DETROIT — Investor demand for General Motors stock has been so strong that the company will expand its initial public offering by 31 percent, to...
AP | TOM KRISHER and DEE-ANN DURBIN | Posted 05.25.2011
DETROIT — Strong profits on new cars and trucks helped General Motors Co. earn $2 billion in the third quarter, enhancing the company's appeal a...
Posted 05.25.2011
DETROIT: General Motors Co (GM.N) shares rose as much as 3.1 percent and closed 2.1 percent higher on Tuesday after banks resumed coverage of the aut...
Posted 05.25.2011
WASHINGTON (By John Crawley) - General Motors Co Chief Executive Dan Akerson said on Friday that the automaker is seeking "some relaxation" in the re...
Catherine Lutz | Posted 05.25.2011
The much-touted improved profitability of many car companies is not based on earnings from manufacturing or selling the vehicles but from charging interest.
nytimes.com | NICK BUNKLEY and MICHAEL J. De La MERCED | Posted 05.25.2011
DETROIT -- The initial public stock offering by General Motors will be smaller than previously suggested, and the federal government will most likely ...
Steve Parker | Posted 05.25.2011
While today is surely a time to celebrate GM, it's also critical to take a quick look at the 11 ways GM could find itself in the same bankruptcy boat which nearly destroyed forever the American auto business as we'd known it for 100 years.
Charles Gasparino | Posted 05.25.2011
While it's unclear whether taxpayers will make money out the GM fiasco, it's pretty clear Wall Street has. Yesterday's rally in the stock market was attributed to strong demand for the IPO of a company designated Too Big To Fail.
Posted 05.25.2011
NEW YORK (By Clare Baldwin and Soyoung Kim) - NEW YORK (Reuters) -General Motors Co shares gained as much as 9 percent on Thursday as investors bet th...
Steven Rattner | Posted 05.25.2011
The mother of all IPOs went off better than anyone expected. Of course, questions abounded: Could GM sustain profitability? Was its new management team up to the job? When will GM have a product slate as highly rated as Ford's?
AP | Posted 05.25.2011
DETROIT — SAIC Motor Corp., China's largest automaker and a joint-venture partner with General Motors, is preparing to buy about $500 million wo...
Posted 05.25.2011
DETROIT (BY, SHARON SILKE CARTY) -- General Motors executives are playing up three bright spots in the company's future as they try to persuade invest...
AP | TOM KRISHER | Posted 05.25.2011
DETROIT — A person briefed on the matter says Swiss bank UBS is no longer working on General Motors' initial stock offering because a bank emplo...
Posted 05.25.2011
NEW YORK/DETROIT (Reuters, By Clare Baldwin, Soyoung Kim and Kevin Krolicki) - Steve Girsky remembers sitting at his kitchen table in New York on the...
CNBC | Posted 05.25.2011
General Motors is on track to move ahead with its initial public offering during the week of Nov. 15 after a recent round of meetings with sovereign w...
nytimes.com | ANDREW ROSS SORKIN | Posted 05.25.2011
That helps explain the timing of General Motors' biggest deal since it emerged from bankruptcy in July 2009. Two weeks ago, the company agreed to buy ...
DailyFinance | PETER COHAN | Posted 05.25.2011
There's still a chance that the U.S. could get back the money it invested in saving General Motors from collapse during the recent financial crisis, b...
Posted 05.25.2011
DETROIT (AP) - Thirteen months ago, General Motors was fighting for its life in bankruptcy court. Now, the automaker is laying the groundwork to sell ...
AP | TOM KRISHER and KEN THOMAS | Posted 05.25.2011
DETROIT — General Motors Co. on Wednesday filed the first batch of paperwork required to sell stock to the public, a significant step toward she...
HuffPost/AP | Posted 05.25.2011
UPDATE: GM CEO Edward Whitacre Jr. step down from his position on September 1, the WSJ reports. He will be succeeded by board member Dan Akerson. ...
The Detroit News | Posted 11.15.2011