Posted by Reuters: Business News on February 24, 2011
DETROIT (Reuters) – General Motors Co posted fourth-quarter results that topped Wall Street expectations, capping its most profitable year in over a decade after slashing costs and debt in a landmark…
Posted by Reuters: Business News on November 17, 2010
NEW YORK (Reuters) – General Motors Co landmark initial public offering priced at $33 a share, the high end of a price range for the deal that had previously been increased, as investors clamored…
Posted by Reuters: Business News on
NEW YORK (Reuters) – General Motors Co on Wednesday set the final terms for a landmark initial public offering that could raise up to $22.7 billion after a surge of investor interest in an automaker…
Posted by Reuters: Business News on November 16, 2010
NEW YORK/DETROIT (Reuters) – General Motors has increased the preferred stock on offer in its landmark IPO by a third and raised the price for common stock, bringing the U.S. government closer to…
Posted by Reuters: Business News on November 13, 2010
NEW YORK (Reuters) – General Motors Co’s landmark initial public offering has already garnered $60 billion in orders, six times the amount it had planned to raise, in a sign of healthy investor…
Posted by Reuters: Business News on October 18, 2010
NEW YORK (Reuters) – A single trader alone could not have caused the “flash crash,” a report by Instinet said on Monday, adding its voice to those casting doubt on a landmark regulator report that…
Posted by Reuters: Business News on September 3, 2010
NEW YORK/DETROIT (Reuters) – The U.S. government is likely to take a loss on General Motors Co in the first offering of the automaker’s stock, six people familiar with preparations for the landmark IPO said.
Posted by Reuters: Business News on August 18, 2010
NEW YORK/DETROIT (Reuters) – General Motors Co took a big step toward repaying a controversial taxpayer-funded bailout by declaring plans for a landmark stock offering that represents a critical test for the Obama administration.
Posted by Reuters: Business News on
NEW YORK/DETROIT (Reuters) – General Motors Co will list its shares on the New York Stock Exchange and Toronto Stock Exchange after its initial public offering, a source familiar with the matter said on Wednesday.
Posted by Reuters: Business News on August 12, 2010
NEW YORK (Reuters) – General Motors Co has secured a $5 billion credit facility, two people briefed on the bank deal said on Wednesday, marking the return of the top U.S. automaker to the capital markets a year after it emerged from a landmark bankruptcy.
