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REPORT: Despite having no real value, investors continue to trade GM stock
As of 10 am this morning, General Motors stock was trading at about 80 cents. If you think that is a bit of a bargain, you may be a bit of crazy. With The General apparently almost finished with bankruptcy, there is near certainty that the company's common stock will mean exactly nothing in a manner of days or weeks. GM is warning investors that the stock grab is a bad idea, releasing a statement reiterating its "strong belief that there will be no value for the common stockholders in the bankruptcy liquidation process, even under the most ... Read more →
Ford to offer 300 million shares of common stock Chris Shunk
Right now, cash is king in the automotive world, and Ford Motor Company is looking to raise some serious greenbacks with 300 million shares of common stock. The money will be used to fund automotive ...
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REPORT: Despite having no real value, investors continue to trade GM stock 5 months ago on Autoblog
As of 10 am this morning, General Motors stock was trading at about 80 cents. If you think that is a bit of a bargain, you may be a bit of crazy. With The General apparently almost finished with bankruptcy, there is near certainty that the company's common stock will mean exactly nothing in a ...
Ford to offer 300 million shares of common stock 6 months ago on Autoblog
Right now, cash is king in the automotive world, and Ford Motor Company is looking to raise some serious greenbacks with 300 million shares of common stock. The money will be used to fund automotive operations, with a portion of the payments Ford is required to make to the Voluntary Employee ...
Autoblog Podcast #155: 'Twas the night before LA...
Chris, Dan, and Editor Paukert go over some LA Preview action and quietly whoop it up on the podcast.
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