Tag Archives: gm stock

GM Rebuffs Pending Greenlight Director Nominations

Posted on 5 May 2017 by Ken Zino

“Greenlight’s candidates were nominated specifically to advance Greenlight’s dual-class stock plan, which GM’s Board views as high-risk and detrimental to the long-term best interests of GM and its shareholders. Continue reading →

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GM UAW VEBA Warrants at $3.85 allow $42.31 Share Buy

Posted on 7 August 2013 by Ken Zino

The UAW Retiree Medical Benefits Trust (UAW VEBA) secondary public offering of up to 45,454,545 warrants to purchase GM common stock was priced at $3.85. They allow the purchase of one share at $42.31. The warrants expire 31 December 2015. Continue reading →

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Ford Motor and General Motors Declare Stock Dividends

Posted on 12 October 2012 by Ken Zino

The Boards of Directors of Ford Motor (NYSE: F) and General Motors Company (NYSE: GM) have declared quarterly stock dividends, as the U.S. auto industry continues its slow financial recovery because of increasing auto sales. Continue reading →

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U.S. Sales to Jump to 13 Million in 2011, GM Predicts

Posted on 4 January 2011 by Ken Zino

GM predicts that the total U.S. vehicle market in 2011 will be in the 13-13.5 million range, including medium and heavy duty trucks, up from a projected 11.8 million in 2010. Don Johnson, vice president of U.S. sales operations provided … Continue reading →

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General Motors Underwriters Take Maximum Number of Shares in IPO

Posted on 26 November 2010 by Ken Zino

What this really means is U.S. taxpayers now own about 33% of General Motors, down from the U.S. Treasury’s ownership of GM’s outstanding shares of common stock of 61% before the IPO. Continue reading →

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GM Stock Price Soars on IPO Frenzy

Posted on 18 November 2010 by Ken Zino

My how quickly public perceptions change. General Motors, the ailing symbol of demonstrably bad senior management and worse union labor practices, is now the darling of Wall Street as it returns to public trading today in New York and Toronto under the ticker symbol “GM.” Continue reading →

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Just How Bad is GM’s Accounting?

Posted on 14 November 2010 by Ken Zino

GM says that it doesn’t have the financial controls in place to know if its published results are real or if there are potential material changes lurking. Continue reading →

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