Stocks and Finance

General Motors

General Motors 9/10/2010

16:51 : New GM CEO Receives $9M Pay Package - General Motors Co will pay new Chief Executive Dan Akerson $9 million in cash salary and stock grants, the U.S. government-owned automaker said Friday.
Source : foxbusiness-com
16:11 : New GM CEO to receive $1.7 million cash salary - General Motors Co's new chief executive, Dan Akerson, will receive a $1.7 million cash salary as well as stock grants, the U.S. government-owned automaker said on Friday.
Source : ibtimes-com
15:17 : GM CEO Akerson gets $9 million pay package - SAN FRANCISCO (MarketWatch) -- General Motors Co. Chief Executive Daniel Akerson will get an annual pay package totaling $9 million, the automaker said Friday in a filing with the Securities and Exchange Commission. Akerson will ...
Source : marketwatch-com

General Motors 9/8/2010

15:22 : AP Source: New GM CEO wants automaker to beat BMW - DETROIT (AP) -- New General Motors CEO Daniel Akerson (AAAK-er-sun) is telling employees that the automaker needs to make cars and trucks that are better than competitors such as BMW....
Source : usnews-com

General Motors 9/5/2010

11:58 : Taxpayers may face initial loss on GM IPO: sources - 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.
Source : reuters-com

General Motors 9/3/2010

20:07 : Taxpayers likely to face initial loss on GM IPO: sources - 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.
Source : reuters-com
09:51 : The Treasury Department is concerned about the political fallout of allowi - The Treasury Department is concerned about the political fallout of allowing overseas investors to buy big stakes in General Motors through the car maker's upcoming IPO. The caution could involve limiting or being selective about ...
Source : seekingalpha-com

General Motors 9/2/2010

16:22 : Analyst: GM plans to sell shares on Nov. 18 - An IPO research firm says it has been told General Motors plans to start trading shares on Nov. 18. IPO Boutique, a firm that researches initial public offerings, says the automaker wants to start a road show to drum up interest ...
Source : sfgate-com

General Motors 9/1/2010

22:54 : Sources tell Reuters that General Motors will start its IPO roadshow after - Sources tell Reuters that General Motors will start its IPO roadshow after the Nov. 2 midterm elections, with a plan to price on Nov. 17 and debut the following day. (GM August sales) 1 comment!
Source : seekingalpha-com
22:37 : GM roadshow to begin after elections: sources - NEW YORK (Reuters) - Automaker General Motors Co plans to begin courting investors for its initial public offering immediately after the November 2 U.S. midterm congressional elections, two sources familiar with the plans said on ...
Source : reuters-com
21:32 : GM IPO reportedly to price Nov. 17 - SAN FRANCISCO (MarketWatch) -- General Motors Co. plans to start courting investors for its initial public offering of stock immediately after the Nov. 2 U.S. midterm congressional elections and price those shares soon after, according ...
Source : marketwatch-com
14:13 : GM's Shanghai sales up 57 pct in first 8 months - Shanghai General Motors saw its auto sales rise 57 percent to 641,351 units in the first eight months of2010, the company said in a statement on Wednesday.
Source : ibtimes-com
13:45 : US auto sales turn frail in August - Auto sales, once a bright spot in the economic recovery, grew fainter last month. General Motors Co.'s August sales fell 7 percent from July, and an even sharper 25 percent from August of 2009, when sales were boosted ...
Source : sfgate-com
12:30 : GM's U.S. Sales Fell 25% in August - General Motors said its U.S. light-vehicle sales fell 25% from a year earlier, when the government's "cash for clunkers" rebate program had boosted results.
Source : wsj-com
11:11 : GM August U.S. sales down 24.9% to 185,176 units - SAN FRANCISCO (MarketWatch) -- General Motors Co. said Wednesday that U.S. sales in August slumped 24.9% to 185,176 vehicles from 246,479 in August 2009. "Last year's Cash for Clunkers program spiked industry sales in 2009, so results ...
Source : marketwatch-com
11:07 : GM reports 7 percent sales dip compared with July - DETROIT (AP) -- General Motors says its August sales dropped 7 percent compared with July, as the shaky economy discouraged customers from buying new cars and trucks....
Source : usnews-com
05:53 : Old GM, Motors Liquidation, files plan to revamp - TEL AVIV (MarketWatch) -- Motors Liquidation Co., what was left of General Motors Corp. after GM's car operations were split off in a bankruptcy reorganization, filed a revamping plan in U.S. Bankruptcy ...
Source : marketwatch-com

General Motors 8/30/2010

14:48 : Ride-and-Drive event features latest vehicles, job fair - Pontiac -- The General Motors Minority Supplier Council and GM Minority Dealers Association, along with Pontiac area churches and the city of Pontiac, rolled out a different type of Dream Cruise on Sunday.
Source : detnews-com
00:39 : Pontiac job fair puts GM cars in the spotlight - The General Motors Minority Supplier Council and GM Minority Dealers Association, along with Pontiac area churches and the city of Pontiac, rolled out a different type of Dream Cruise today in its downtown business district.
Source : detnews-com

General Motors 8/27/2010

05:51 : EPA orders removal of contaminated soils at former GM plant - EPA ordered Motors Liquidation Co., formerly the General Motors Corp., to remove materials and soil contaminated with polychlorinated biphenyls from the General Motors Central Foundry Division Superfund site ...
Source : ibtimes-com
03:39 : GM mulls 'cornerstone' sales in IPO -sources - General Motors Co is considering selling a chunk of the carmaker's stock to institutions who would commit to buy and hold major stakes as the company prepares for its initial public offering, people familiar with the discussions ...
Source : ibtimes-com

General Motors 8/23/2010

17:52 : Biden: U.S. May Keep GM Stake Beyond This Year - Vice President Joe Biden reiterated Monday that the U.S. government may maintain an ownership stake in General Motors beyond this year, as the auto maker prepares to return to the stock markets as early as this fall.
Source : wsj-com

General Motors 8/22/2010

01:53 : GM stock could appeal to brave investors - (By Bernard Condon, Associated Press) Would you buy stock in a company that has hemorrhaged tens of billions of dollars for years and run through four bosses in quick succession just because it's turned a profit for a few months'That is essentially what ...

General Motors 8/21/2010

12:53 : NewsWatch: Should investors steer clear of GM IPO? - The second-biggest IPO in U.S. history is finally winding its way toward Wall Street, and while the road ahead is fraught with hazards, some analysts still see big potential in a rebuilt General Motors.
Source : marketwatch-com

General Motors 8/20/2010

19:20 : Weekend Investor: Should investors steer clear of GM IPO? - The second-biggest IPO in U.S. history is finally winding its way toward Wall Street, and while the road ahead is fraught with hazards, some analysts still see big potential in a rebuilt General Motors.
Source : marketwatch-com
12:36 : Funds may rebalance auto stocks on GM IPO: Ford - DETROIT (Reuters) - Mutual funds and other large stockholders may rebalance auto sector holdings after General Motors Co's initial public offering, but day-to-day stock prices are not the main measure of Ford Motor ...
Source : reuters-com

General Motors 8/19/2010

20:08 : GM’s IPO Filing Reveals Challenges That Could Discourage Investors  - When General Motors Co. filed registration papers for an initial public stock offering (IPO) on Wednesday, it also revealed the formidable challenges it faces – some of which may give pause to investors considering taking a stake ...
Source : moneymorning-com
18:00 : GM Hires Marketing Executive From Hyundai - General Motors Co. has tapped Christopher J. Perry to oversee the marketing of the car maker's Chevrolet brand, hiring him away from Hyundai Motor America Inc.
Source : wsj-com
07:52 : GM's balance sheet draws praise ahead of IPO - NEW YORK (MarketWatch) -- Peter Bible, partner-in-charge at accounting firm EisnerAmper LLP, said General Motors is now carrying a much stronger balance sheet than its predecessor, based on the company's initial public offering filed ...
Source : marketwatch-com

General Motors 8/18/2010

23:33 : General Motors back from the brink and set for $20bn flotation - America's biggest carmaker, General Motors, has taken the first step towards a stock market flotation barely a year after struggling through bankruptc...
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