US Government Sells Final GM Stock, Loses $10 Billion
10 Dec 2013, 10:28 UTC · By: Ciprian Florea / The Treasury Department has sold off the last of its remaining shares in General Motors, recovering only $39 billion of the $49.6 billion it spent to save the Detroit manufacturer in 2009, costing t...
GM Stock Hits All-Time High at $40.17
9 Dec 2013, 14:50 UTC · By: Ciprian Florea / General Motors stock price hit an all-time high on Friday, topping $40 a share for the first time since the Detroit-based manufacturer went public in 2010. GM shares rose 2.8 percent to $40.17 as...
GM Stock Worth $1.2 Billion Sold by US Government in October
13 Nov 2013, 15:17 UTC · By: Ciprian Florea / The US government sold $1.2 billion worth of General Motors stock last month, the Treasury Department said in a report to Congress, adding that it had recovered $37.5 billion of the $51 billion it s...
GM Stock Worth $877 Million Sold by US Treasury
14 Aug 2013, 13:53 UTC · By: Ciprian Florea / The US government has sold another piece of its stake in General Motors last month as it moves to exit its investment in the company by early 2014. In a report to Congress earlier this week, the ...
Warren Buffett Buys 10 Million General Motors Shares
16 May 2012, 10:09 UTC · By: Mihnea Radu / Warren Buffett might be 81 years of age now, but when the Omaha oracle speaks, the world tends to listen... or at least discuss what he did and shrug it off as an investment that’s too long te...