General Motors Co.

According to an article in the Wall Street Journal, General Motors Co. is going to price its IPO above the expected range of $26-$29 per share, as the company is set to return to the public markets this week. GM had filed for bankruptcy protection last year, and the U.S. Treasury provided it with $...

The Wall Street Journal reports that when General Motors Co. relists its stock next month, the United States will reduce its ownership stake to 35%. New projects say that GM could have a stock-market value at $50 billion, which is roughly the same as Ford Motor Company (NYSE: F). However, for the U...

General Motors reported this morning that its Q2 net earnings came in at $1.3 billion, which compares to a profit of $865 million in the first quarter of the year. This release comes, not coincidentally, the day before GM is expected to file for its IPO. GM’s results represented a 47% rise in...

General Motors sales are up 21% this month, in comparison to March of 2009. Along with other companies such as Toyota (NYSE: TM), GM's incentives have car buyers flocking to their lot. The result? An increase in sales for most dealers. Although GM is in the process of phasing out of selling...

General Motors Co. could be turning over a new leaf in 2010 according to the Chief Financial Officer (CFO). CFO Chris Liddell, former employee of Microsoft Corp. (NASDAQ: MSFT), said the company could turn a full-year profit in 2010 as auto sales begin to recover since the economic downturn....