360° Coverage : Care needed with General Motors stake sale

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Care needed with General Motors stake sale

Source: SCMP, Nov 8 2012, 2:45pm CST

The bailout of General Motors played an important role in the re-election of President Barack Obama, but now comes the hard part, which is unloading the government's stake, probably at a big loss. GM received ...

Continue reading on: SCMP

 
 
Update
10

6 hours ago

GM: Taxpayers won't win

Source: FOX Sports  |   May 20 2013, 4:01pm CDT

Shares of General Motors (GM), Detroit's largest automaker, have surged more than 17% this year, eclipsing their $33 IPO price. That's mostly thanks to strong performances in the U.S. and China. The stock' ...

Continue reading on: FOX Sports  More like this

 
Update
9

7 hours ago

Carney: Yes, Chief of Staff and Treasury Sec. Met Many Times in Last Month with Obama

Source: The Weekly Standard  |   May 20 2013, 2:45pm CDT

A reporter confirmed with Jay Carney, today at the press briefing, that President Obama met with his chief of staff and the treasury secretary many times over the last month and that neither official told the presiden ...

Continue reading on: The Weekly Standard  More like this

 
Update
8

27 weeks ago


Quote:
"Announcement of a selldown plan, combined with a co-ordinated share repurchase plan by GM, could actually boost the stock ... Announcement of such a plan would help the Treasury's cause, as the stock could see a boost."


Source: SCMP

 

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7

8 hours ago

US Treasury Unloading GM Stock

Source: The Epoch Times  |   May 20 2013, 1:46pm CDT

General Motors Co. (GM), a company that was and might still be considered “too big to fail,” is still beholden to U.S. taxpayers and under the auspices of the Troubled Asset Relief Program (TARP), a Treasury program that was establishe ...

Continue reading on: The Epoch Times  More like this

 
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6

9 hours ago

GM gearing up for big ad push for crucial new pickups: executive

Source: Reuters Mobile  |   May 20 2013, 1:20pm CDT

The General Motors logo is seen outside its headquarters at the Renaissance Center in Detroit, Michigan August 25, 2009. DETROIT (Reuters) - The launch of General Motors Co's (GM.N) redesigned Chevrolet Silverado, the most important ...

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Update
5

10 hours ago

General Motor’s Sruggling Times

Source: All Free Essays   |   May 20 2013, 12:15pm CDT

Problem in GM arose in 1930 when GM’s legendary CEO Alfred P.Sloan published his landmark memoir, My years with General Motors in 1963,the title page bored the name of his collaborator, a Fortune editor named John McDonald. GM’s survival was in ques ...

Continue reading on: All Free Essays  More like this

 
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4

10 hours ago

#IRS scandal: Obama met with Treasury union chief the day before the targeting began

Source: Sister Toldjah  |   May 20 2013, 12:01pm CDT

According to the White House Visitors Log, provided here in searchable form by U.S. News and World Report, the president of the anti-Tea Party National Treasury Employees Union, Colleen Kelley, visited the ...

Continue reading on: Sister Toldjah  More like this

 
Update
3

11 hours ago

Renacci asks Treasury for dealership closure records

Source: WKSU  |   May 20 2013, 11:11am CDT

Here and Now Here! Now! Imperative: not to be avoided: necessary. In a typical week, the show will cover not only all the big news stories, but also the stories behind the stories, or some of the less crucial but equall ...

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2

11 hours ago

What Tesla Motors Inc (TSLA) Has Accomplished Isn’t Luck

Source: ETF daily news  |   May 20 2013, 10:47am CDT

Gary Gately: I drive a 1994 Geo Prizm, rusted and sputtering, that came from a factory near San Francisco that was owned by a GM-Toyota joint venture that eventually flopped. The car’s held up all these years, but other than that, there’s not muc ...

Continue reading on: ETF daily news  More like this

 
Update
1

12 hours ago

Goldman Sachs To Exit Chinese Bank With $1.1 Billion Stake Sale

Source: Dealbook  |   May 20 2013, 10:38am CDT

The budget airline attributed the result to the strength of its “ultra-low-cost model” with air travelers. Lin Haiyan, a businesswoman, told investors the $100 million they gave her was going into stock offerings and bank depos ...

Continue reading on: Dealbook  More like this

 
 
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