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0Report: U.S. breaks even if GM stock hits $133.78 1285264920
According to Neil Barofsky, the treasury department's inspector general, in order for the U.S. government to break even on its investment in General Motors, the company's stock will have to hit at least $133.78 a share. Thanks to the massive auto industry bailout, the government currently holds a ...
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GM to Investors: Internal financial reporting controls are ineffective 1282509180
Now that General Motors has submitted the necessary paperwork for its IPO to the SEC, Forbes read through the entire 734 page filing and found this curious tidbit: "We have determined that our disclosure controls and procedures and our internal control over financial reporting are currently not ...
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Report: Bill Ford admits Blue Oval may lose investors to GM IPO, seems unconcerned 1282339740
Bill Ford, executive officer for Ford Motor Co., seems to be taking a fairly realistic stance when it comes to arch-rival General Motors releasing its IPO. While speaking at the kickoff of this weekend's Woodward Dream Cruise, Ford said that he was certain that some of his company's investors ...
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BREAKING: General Motors files for IPO 1282162500
General Motors, the largest automaker based in the United States, has officially filed paperwork with the Securities and Exchange Commission for an Initial Public Offering. By offering preferred stock along with its IPO, GM is looking to allow the U.S. Treasury (and by extension, American ...
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Report: Whitacre says GM anticipates offering entire company in IPO 1281128340
At this point, the only thing we know for sure about the General Motors initial public offering is that it will happen... eventually. With the United States government holding a 61-percent equity stake in the automaker, the political pressure is huge to make a stock sale occur sooner rather than ...
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GM shooting for mid-August IPO filing? 1279984140
A year ago, General Motors needed a $50 billion U.S. government bailout to stave off liquidation. One year later, the Detroit-based automaker is on the precipice of filing for one of the largest initial public offerings in American history. Automotive News quotes unnamed sources who claim GM will ...
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General Motors asks IPO banks to take cars instead of fees 1279540620
At some point in the not too distant future, General Motors will return to being a publicly traded company, with the timing likely to be based in part on both business and politics. In May, the automaker began soliciting investment banks to handle the sale of its stock. With what will likely be one ...
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Autoblog Podcast #184 - IPOs, Manly Minivans, City Cars and Hemi horsepower 1277846880
Click above for the Autoblog Podcast in iTunes, RSS or listen now!Chris Shunk rejoins Sam, Alex and Dan for Episode #184 of the Autoblog Podcast. Topics we mull are Tesla's actual IPO and General Motors' apparently impending public offering. Gordon Murray's T.25 city car makes the cut before we ... -
Report: General Motors may file for IPO as soon as next week 1277307060
It looks like General Motors could file its first paperwork for an initial public stock offering as soon as next week. The IPO registration is the first step in the process of getting approval from the Securities and Exchange Commission to become a publicly traded company again. A stock sale ...
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Report: Top GM execs awarded millions in stock ahead of IPO 1276036080
It pays to be an executive for General Motors. Actually, scratch that... it will soon pay to be an executive with General Motors, assuming that the automaker's upcoming Initial Public Offering takes place according to plan. According to our friends at TheDetroitBureau.com, a dozen top officials at ...

