General Motors, fresh off its initial public offering, reported today that November sales rose 11.4% compared to the same month a year ago. Among its four core brands, Buick, Cadillac, GMC and Chevrolet, GM said sales rose near…
General Motors, fresh off its initial public offering, reported today that November sales rose 11.4% compared to the same month a year ago. Among its four core brands, Buick, Cadillac, GMC and Chevrolet, GM said sales rose near…
After its near-miraculous emergence so quickly from bankruptcy, the new GM will certainly make big bucks for investors if it fulfills its potential to beat sales forecasts and earnings expectations. And, no, it wouldn’t take an…
The General Motors IPO is now the largest ever, following the expansion of the offering by the underwriters.
Continue reading Banks Make GM IPO the Largest Ever
Banks Make GM IPO the Largest Ever…
Ford Motor announced Wednesday that it had reduced its debt by $1.9 billion after note-holders converted their debt into 274 million shares of common stock. The automaker’s annual interest expenses will be reduced by $180 mill…