Canadian Government Looking to Get Rid of GM Stake
6 Aug 2013, 12:24 UTC · By: Ciprian Florea / The Canadian government is planning to sell its stake in General Motors “as quickly as feasible”, a spokeswoman for the country’s Finance Minister revealed last week. According to ...
GM Stock Climbs the Price Ladder
29 Dec 2010, 10:12 UTC · By: Daniel Patrascu / One year almost to the brink of destruction, another star of the Wall Street trading floor. This is how you can sum up American manufacturer GM, whose initial public offering made a month ago shortl...
Porsche's Share Sale Has Shareholders' Support
1 Dec 2010, 09:48 UTC · By: Andrei Costea / Porsche investors approved a EUR5 billion stock sale to reduce the company's debt prior to its merger with Europe's largest carmaker, Volkswagen AG. Company shareholders voted in favor of ...
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,...
Ford Sells Portion of Mazda Ownership to... Mazda
21 Nov 2012, 14:06 UTC · By: Mihai Boca / Following the strategy adopted by GM management, Ford is now selling a portion of its ownership stakes to Mazda, leaving Ford with a ratio of ownership over Mazda stock of just 13%.In line with Ford...
GM Loses Its Ticker in Canada
21 Nov 2010, 09:34 UTC · By: Andrei Costea / Michael England, the CEO of Geo Minerals, was surprised to be offered the GM ticker symbol by Canada’s stock exchange when his company went public in 2007. Now that General Motors was relisted...
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&...
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...
GM Execs Get Stock Deals
8 Jun 2010, 09:17 UTC · By: Daniel Patrascu / Fresh out of its debt to the US government, American manufacturer GM issued 184,255 salary stock units and 71,155 restricted stock, to be made available to 12 executives if they hit certain performa...
Toyota Preps for Sales Drop
2 Feb 2010, 08:48 UTC · By: Daniel Patrascu / On January 26, Japanese carmaker Toyota hinted to its sales target for 2010: 7.4 million units to be sold in the new year, a 6 percent increase compared to the better than expected 2009. The forecas...
GM Chinese Dealer - No Inventory, Lots of Buyers
31 Dec 2009, 22:03 UTC · By: Bogdan Popa / There's no doubt China is playing the key market role for most carmakers selling vehicles in the country and recent predictions are hinting that this impressive boom could continue in 2010. Gen...
Harley-Davidson Approves Dividends
11 Dec 2009, 14:48 UTC · By: Alina Dumitrache / American motorcycle manufacturer Harley-Davidson announced today that its Board of Directors approved a cash dividend of $0.10 per share for the fourth quarter of 2009. The dividend is payable Decem...
Porsche Raided by Prosecutors
21 Aug 2009, 07:04 UTC · By: Daniel Patrascu / Just when things seemed to clear up and German manufacturer Porsche was beginning to see redemption, the country's public prosecutor's office decided yesterday to raid the offices of Porsc...
Ford Is Selling Stock
12 May 2009, 14:53 UTC · By: Daniel Patrascu / The third-party of the now extinct Detroit Three, Ford Motors, emerged from the dark and has announced it registered a public offering of 300 million shares of its common stock to be sold at a value...
GM Confirms It Expects Chapter 11
28 Apr 2009, 13:37 UTC · By: Daniel Patrascu / Alongside with the new survival plan submitted by the American manufacturer yesterday, GM has also launched its "public exchange offers for $27 billion of its unsecured public notes". As p...
Buffett Throws Lifeline to Harley-Davidson
4 Feb 2009, 14:25 UTC · By: Madalina Iancu / A famous brand name can get you out of troubles even in the most critical situations. This seems to be the case of Harley Davidson who has lots of debts hidden behind a high-sounding name. Accord...