Goldman Sachs Group won’t stop taking orders for General Motor’s initial public offering at noon Friday, the investment banking giant now says, despite an email sent by the bank to clients on Thursday that said it would, Dow Jo…
After reporting a $4.3 billion loss during the last half of 2009, General Motors saw two positive quarters during the first half of the the year and is expected to stay on course when it reports its latest earnings Wednesday.
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Stock in Ford hit levels not seen since the summer of 2004 Thursday, a day after the Dearborn, Mich., automaker reported solid sales for the month of October. The stock rose as much as 4.3% to $15.83 a share in morning trading …
After much anticipation, General Motors finally revealed details of its public offering of stock, which is expected later this month. The automaker plans to raise $13 billion.
Continue reading General Motors Se…
It’s not unusual for a departing chief exec to maintain some involvement with the corporation he or she led, usually by holding onto or taking a position on the company’s board of directors.
That can be a bad idea. Consider GM’…