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    Report: Fed mulling summer sale of GM stock, would take big loss
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    The Federal Reserve is eying a move to dump a large portion of its remaining General Motors stock this summer, a move that could see taxpayers lose nearly $11 billion on the deal. According to The Wall Street Journal, GM stock hasn't done nearly as well as banks and Fed officials predicted it ...

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    Williams F1 team considering IPO stock issue
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    Rubens Barrichello tests the Williams FW32 with new Pirelli tires at Yas Marina Circuit in Abu Dhabi
    What's the best way to make a small fortune in Formula One? Arrive with a large one. Williams has another idea though, and it's a radical one in the field of motor racing: The British outfit may ...

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    Fiat to increase Chrysler stake to 51% ahead of IPO?
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    According to Automotive News, Fiat may be looking to increase its stake in Chrysler from 20 percent to 51 percent before the Pentastar goes public. If true, that would mean that Fiat intends to repay Chrysler's federal loans before their 2013 due date. Doing so would allow the Italian automaker to ...

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    Report: Saudi prince claims to own 1% of GM
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    The dust is beginning to settle around the General Motors IPO, and we're finally getting a sense of exactly who is holding onto big slices of the company. The New York Times is reporting that Saudi Prince Walid bin Talal has managed to snag a full one percent of the automaker with a massive $500 ...

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    Report: Marchionne admits Fiat may sell off Ferrari ahead of merger
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    Sergio Marchonne, CEO of Fiat and the Chrysler Group, has stated that he is looking to raise some cash ahead of the upcoming Fiat/Chrysler merger. One possible way to do this? Reduce its 90 percent ownership stake in Ferrari through an IPO. Fiat estimates that Ferrari is currently worth $3.3 ...

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    Report: Ralph Nader urges government to postpone GM IPO
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    Ralph Nader has written a letter to President Barack Obama, urging him to delay General Motors' IPO. According to The Detroit News, his fear is that the automaker is still the "same old arrogant GM" and that the government stands to lose a bundle on the sale of its stock. Nader is not alone in ...

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    GM IPO is go!
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    As expected, following yesterday's nationwide election proceedings, General Motors has filed the details on its forthcoming Initial Public Offering with the Securities and Exchange Commission. Targeting a share price range of $26.00 to $29.00, the company will offer 365 million shares of common ...

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    Will GM's EV policy be dictated by the success of its IPO?
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    2011 Chevrolet Volt – Click above for high-res image gallery
    General Motors is getting closer to the day it takes that financial plunge and once again offers its stock to the world. The day of the IPO, which is speculated to occur in November, will be a very important day for the future of ...

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    Followup: GM officials take issue with Whitacre's IPO share price estimates
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    It was only last week when Reuters reported that Ed Whitacre, Jr. told the media that General Motors IPO shares would "likely to be priced between $20 and $25 in the initial public offering by the automaker in November." GM didn't respond immediately, but now, like a judge giving instructions to ...

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    Report: GM to offer stock to employees, retirees and dealers
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    General Motors is getting ready for its Initial Public Offering, which is expected to occur later this year. Ahead of that, GM has announced that it will offer nearly 600,000 employees (current and retired) and dealers the opportunity to purchase stock at the opening IPO price. According to The ...

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    Report: GM courting Middle East, Asian sovereign wealth funds ahead of IPO
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    General Motors has been busy courting potential investors for the company's upcoming IPO. According to Bloomberg, the manufacturer has met with wealth funds in both the Middle East and Asia in an attempt to feel out global interest in the company's stock. The article says that GM's bankers are ...

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    Report: Marchionne predicts Chrysler IPO in second half of 2011
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    The timeline for Chrysler's IPO is gradually coming into focus. Four months ago Fiat CEO Sergio Marchionne said he expected to Chrysler's offering to happen "probably" in 2011. Now he's narrowed that down to becoming "a second-part-of-the-year event." The timing makes all kinds of sense: not ...

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    U.S. to limit foreign investors in GM IPO?
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    According to The Wall Street Journal, members of the U.S. Treasury are worried about General Motors' upcoming IPO. They aren't concerned for the automaker's stock price, or how even how many investors may decide to buy into the company – they're concerned about what country the money is ...

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    GM to Investors: Internal financial reporting controls are ineffective
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    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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    BREAKING: General Motors files for IPO
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    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
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    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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    General Motors asks IPO banks to take cars instead of fees
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    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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    Report: GM decides not to create its own finance unit, will investigate teaming with banks
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    Another piece of General Motors' IPO puzzle has been solved: in spite of CEO Ed Whitacre's desire to add a captive finance arm to GM's operations, the company looks set to go without. Acquiring in-house financing always stuck out in Whitacre's aggressive battle plan for getting an IPO done later ...

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    Hulme CanAm supercars said to be struggling to find investors
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    Hulme CanAm – Click above for high-res image gallery
    It seems like every day, a new startup flashes a rendering on the interwebs claiming to be the next big thing in the automotive world. Maybe it's a mid-engine supercar or an all-electric savior that's come to deliver us from dino juice. ...

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    Report: GM pushes IPO filing back to August due to financial issues
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    General Motors – or perhaps it was all those sources 'in the know' – had their drums beating about a possible IPO filing as early as last week. Here we are a week later and there's still no firm sign of a stock offering. Reuters, quoting a "source familiar with the situation," now ...

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