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Gm Ipo

GM Stock Down One-Third From IPO

The Detroit News | Posted 11.15.2011 | Detroit

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...

U.S. Cut Wall Street's Windfall On GM IPO -- But Taxpayers Haven't Broken Even Yet

bloomberg.com | Rebecca Christie and Ian Katz | Posted 05.25.2011 | Business

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...

Obama: GM IPO Proves Government Made The Right 'Tough Decisions' On Rescue

AP | Posted 05.25.2011 | Business

WASHINGTON — President Barack Obama on Thursday celebrated the return of a reborn General Motors to the U.S. stock market, saying it shows some ...

GM Boosts IPO Size To Reduce Government Stake

Posted 05.25.2011 | Business

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...

GM's IPO Just Got More Expensive

AP | TOM KRISHER | Posted 05.25.2011 | Business

DETROIT — Investor demand for General Motors stock has been so strong that the company will expand its initial public offering by 31 percent, to...

GM Reports Big 3Q Profit Ahead Of IPO

AP | TOM KRISHER and DEE-ANN DURBIN | Posted 05.25.2011 | Business

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...

GM Stock Soars After Analysts Rave About Automaker's Prospects

Posted 05.25.2011 | Business

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...

GM Wants 'Some Relaxation' Of Government's Pay Restrictions

Posted 05.25.2011 | Business

WASHINGTON (By John Crawley) - General Motors Co Chief Executive Dan Akerson said on Friday that the automaker is seeking "some relaxation" in the re...

The Re-Inflating Car Bubble

Catherine Lutz | Posted 05.25.2011 | Business
Catherine Lutz

The much-touted improved profitability of many car companies is not based on earnings from manufacturing or selling the vehicles but from charging interest.

Government Said To Sell 'Relatively Small' Portion Of GM Stake

nytimes.com | NICK BUNKLEY and MICHAEL J. De La MERCED | Posted 05.25.2011 | Business

DETROIT -- The initial public stock offering by General Motors will be smaller than previously suggested, and the federal government will most likely ...

GM a Winner, But Dangers Still Lurk

Steve Parker | Posted 05.25.2011 | Business
Steve Parker

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.

GM IPO Continues Trend of Rewarding Those Who Failed

Charles Gasparino | Posted 05.25.2011 | Business
Charles Gasparino

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.

GM IPO Ranks As The Biggest In U.S. History

Posted 05.25.2011 | Business

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...

GM IPO Increase: How They Turned It All Around

Steven Rattner | Posted 05.25.2011 | Business
Steven Rattner

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?

SAIC, China's Largest Automaker, To Invest In GM

AP | Posted 05.25.2011 | Business

DETROIT — SAIC Motor Corp., China's largest automaker and a joint-venture partner with General Motors, is preparing to buy about $500 million wo...

5 Reasons To Avoid Buying GM's IPO

Posted 05.25.2011 | Business

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...

UBS Employee Reportedly Leaked Info On GM IPO

AP | TOM KRISHER | Posted 05.25.2011 | Business

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...

White House Reportedly Calling The Shots On GM IPO

Posted 05.25.2011 | Business

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...

GM Reportedly On Track For Mid-November IPO

CNBC | Posted 05.25.2011 | Business

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...

Can Subprime Loans Save Government-Owned GM ?

nytimes.com | ANDREW ROSS SORKIN | Posted 05.25.2011 | Business

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 ...

GM Bailout: Can American Taxpayers Get A Return On Their Investment?

DailyFinance | PETER COHAN | Posted 05.25.2011 | Business

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...

GM's Massive IPO: Are You Buying It?

Posted 05.25.2011 | Business

DETROIT (AP) - Thirteen months ago, General Motors was fighting for its life in bankruptcy court. Now, the automaker is laying the groundwork to sell ...

GM Will List IPO On US And Canadian Exchanges

AP | TOM KRISHER and KEN THOMAS | Posted 05.25.2011 | Business

DETROIT — General Motors Co. on Wednesday filed the first batch of paperwork required to sell stock to the public, a significant step toward she...

Government-Owned GM Posts $1.3 Billion Profit -- IPO Could Come Soon

HuffPost/AP | Posted 05.25.2011 | Business

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. ...