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17 Mar 2010, 8:54 am
General Motors has a "reasonable chance" of turning a profit this year, but the car maker is still a work in progress, the company's new chief financial officer said on Wednesday, according to press reports. [read post]
14 Jul 2009, 2:57 pm
Securities regulators on Tuesday issued an official warning that shares once associated with General Motors are likely to be worthless, amid continued confusion from some investors about which company the stock represents. [read post]
9 Mar 2010, 7:54 am
The chief financial officer of GMAC, the onetime General Motors finance arm that was bailed out by the government, is leaving the company for a job at the private equity firm Providence Equity Partners. [read post]
2 Jun 2009, 8:48 am
USA Today reports the section 363 procedures of the U.S. bankruptcy code being used to split General Motors into two separate companies might be distorting the basic tenets of Chapter 11. [read post]
5 Jun 2013, 1:16 pm
Department of the Treasury announced that it plans to sell 30 million additional shares of General Motors Company (GM) common stock in an underwritten public offering in conjunction with GM’s inclusion to the S&P 500 index effective as... [read post]
11 May 2009, 1:24 pm
General Motors bondholders argued after the company's conference call on Monday that they shouldn't be blamed if the carmaker files for bankruptcy, since they have professed to making efforts to compromise. [read post]
28 Oct 2009, 11:14 pm
As the Obama administration contemplates a third rescue of GMAC, the onetime finance arm of General Motors, federal officials, automotive executives and analysts all say the company is - just like the biggest Wall Street firms - too big to fail. [read post]
19 Aug 2010, 12:36 pm
General Motors isn't the only big company planning an initial public offering, and plenty of Am Law 200 corporate securities lawyers are lining up for a piece of the action. [read post]
11 May 2009, 9:09 am
General Motors does not plan to sweeten its debt exchange offer to bondholders, even though its failure would probably push the company into bankruptcy, G.M.'s chief executive said Monday. [read post]
19 Nov 2010, 4:19 pm
A day after General Motors made a triumphant return to the capital markets, the world's largest gaming company pulled its planned $500 million initial public offering, citing difficult market conditions. [read post]
28 Sep 2010, 12:47 pm
The debtors at Claim Jumper Restaurants are seeking bankruptcy court approval to quickly sell the company's assets, a move that echoes the Chapter 11 sales of General Motors and Chrysler. [read post]
18 Aug 2010, 2:55 pm
Department of the Treasury today announced that it has agreed to be named as a selling shareholder of common stock in General Motors Company's (GM) registration statement on Form S-1 filed with the Securities and Exchange Commission (SEC)... [read post]
1 Jul 2009, 8:18 am
DealBook's Michael J. de la Merced reports live from day two of the General Motors hearing to win approval of its asset sale to a new government-backed company. [read post]
13 Nov 2009, 2:10 am
General Motors, which is beginning to cut layers off its legendary bureaucracy, will present its first post-bankruptcy scorecard on Monday, when the company reports third-quarter earnings and its cash reserves. [read post]
6 Mar 2024, 12:40 pm
General Motors is recalling some 820,000 Chevrolet Silverado and GMC Sierra pickup trucks over faulty tailgates, the company recently told federal vehicle safety regulators. [read post]
8 Dec 2009, 1:17 pm
The new president of North American operations at General Motors said Tuesday that the automaker hoped to repay its federal loans and become a public company again by the end of next year. [read post]
23 Mar 2010, 2:55 am
Victor Muller, chief executive of Spyker Cars, the Dutch sports car maker that arranged to buy Saab from General Motors this year, said he hoped to list the company within a year, a Swedish newspaper reported Tuesday. [read post]
10 Sep 2009, 6:56 am
General Motors told the German government Thursday that it had chosen to sell its European operations to Magna International, the Canadian-Austrian auto parts and engineering company, but with conditions, a person close to the decision told The New York Times. [read post]
25 Jan 2010, 4:05 am
Shares in the small, loss-making Dutch luxury carmaker Spyker Cars surged again Monday on hopes the company's owners will reach a deal to buy Saab from General Motors. [read post]
29 Apr 2009, 12:32 pm
Dewey & LeBoeuf partner Martin Bienenstock is busy on a "discreet project"--advising General Motors on how to come out of bankruptcy as a new, streamlined company. [read post]
