Ferrari Set to Remain a “Family Business” Even After Yesterday’s Initial Public Offering
22 Oct 2015, 15:40 UTC · By: Vlad Mitrache / Enzo's son and the heirs of Fiat's founder will make sure Ferrari doesn't end up in the wrong hands - or in anyone other's hands but theirs, for that matter
Ferrari CEO Against IPO
26 Jun 2012, 12:04 UTC · By: Mihnea Radu / If you’re rich enough to own a Ferrari you probably want to have a part of the money this Italian company makes every time you spec a matching piece of luggage or buy a race-branded watch. Unf...
Chrysler IPO Still a Go, Date Unknown
31 Mar 2011, 18:25 UTC · By: Daniel Patrascu / Having witnessed its brother into bankruptcy, GM make a monumental comeback when it filed its initial public offering last year, Chrysler is now weighing its options for a similar move. The idea of ...
US Could Sell Remaining GM Stake Sooner than Expected
27 Jan 2011, 13:01 UTC · By: Mihnea Radu / The US Treasury could sell its remaining share in General Motors by the end of next year, according to an Obama administration official’s statement, much sooner than was originally expected. A...
GM IPO Becomes Largest in History
27 Nov 2010, 11:21 UTC · By: Daniel Patrascu / A carmaker of GM's magnitude wouldn't have had it any other way. The initial public offering recently made by the American manufacturer has become, by all intents and purposes, the largest...
GM Executives Bought Stock at Initial Price
25 Nov 2010, 10:48 UTC · By: Andrei Costea / {img}Ten GM directors and ten executives bought shares for $33 each, the initial offering price, according to documents filed Wednesday with federal regulators. General Motors Co. gave about 600,...
Chrysler Hopes to Be the Next Big Comeback
24 Nov 2010, 15:35 UTC · By: Andrei Costea / General Motors' initial public offering has taken a lot of people by surprise, raising a record $23 billion and repaying part of its $50 billion debt to the US Government. Widely perceived a...
Treasury Department Gains $11.7 Bn from GM's IPO
24 Nov 2010, 12:02 UTC · By: Andrei Costea / The US Treasury Department has received $11.7 billion following the sale of 358.5 million shares of stock in General Motors Co. Its stake shrunk to 37 percent from 61 percent after the IPO, and coul...
GM Shares Fell Before Stock Exchange Opened
19 Nov 2010, 15:49 UTC · By: Andrei Costea / GM shares dipped in electronic trading just ahead of today's opening bell, leaving investors curious about what will happen to the new stock on its second day of trading, according to a report ...
GM's IPO: The Spiritual Rebirth of a Giant
19 Nov 2010, 09:51 UTC · By: Andrei Costea / Yesterday, in New York, the beginning of a new era has happened. General Motors CEO Dan Akerson rang the opening bell at the New York Stock Exchange, followed by the satisfying roar of a muscle car&...
SAIC Buys GM Shares
18 Nov 2010, 15:33 UTC · By: Andrei Costea / SAIC Motor Corp. Ltd. announced today the acquiring of 15.15 million common shares in General Motors, representing a 0.97 percent stake, priced at US $500 million. "This investment is made o...
GM Celebrated Its IPO on Wall Street
18 Nov 2010, 14:44 UTC · By: Andrei Costea / General Motors launched its historic public offering on the New York Stock Exchange, filling Wall Street this morning with a procession of vehicles. On the front of the stock exchange a giant blu...
GM IPO in Effect
18 Nov 2010, 09:28 UTC · By: Daniel Patrascu / The moment which has been so debated these past few months, centered around General Motors initial public offering (IPO), came on Wednesday, when the carmaker went public. The shares in what has bec...
Chrysler to Pay Off Government Loans Prior to IPO
17 Nov 2010, 14:41 UTC · By: Andrei Costea / Chrysler will pay off some of its loans to the US and Canadian governments next year and wants some refinancing solutions before its initial public offering in the second half of the year. Sergio...
GM Increases IPO Size
17 Nov 2010, 14:35 UTC · By: Daniel Patrascu / The moment of the first major initial public offering by a major automotive manufacturer and at the same time the second largest in history after the one made by VISA in 2008 is approaching. Until t...
GM Ups the Stakes in IPO Offering
16 Nov 2010, 13:51 UTC · By: Daniel Patrascu / Steven Rattner' wishes came true today, as American manufacturer GM announced it has decided to ask more and offer more in the upcoming initial public offering (IPO). Simply put, the price of i...
China to Invest in GM's Initial Public Offering
15 Nov 2010, 15:17 UTC · By: Andrei Costea / Among the banks helping General Motors with its initial public stock offering next week are two identified by initials only: ICBC and CICC. This is especially interesting to Americans who disagre...
GM Posts Q3 Financial Results Ahead of IPO
10 Nov 2010, 14:26 UTC · By: Andrei Costea / GM has announced third quarter financial results today, a week before it will ask potential investors for a vote of confidence in the amount of US $13 billion to fund its return to public trading. ...
GM Announces IPO Pricing
5 Nov 2010, 08:18 UTC · By: Daniel Patrascu / The moment all the men and women in the executive chain of American manufacturer GM were waiting for finally arrived this week. The American carmaker announced it has commenced a process at the end ...
Chrysler Considering IPO
30 Oct 2010, 09:44 UTC · By: Daniel Patrascu / The two brothers-into-bankruptcy of 2009, GM and Chrysler, are currently on a rebound and their new found fate in their own future is causing them to look out for the promises brought about by a pub...