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None of the publicly owned stocks or bonds issued by the former General Motors Corporation (now renamed "Motors Liquidation Company"), including its common stock formerly traded on the New York Stock Exchange under the ticker symbol "GM", are or will become securities of General Motors Company (the "new GM"), which is an independent separate ...
Motors Liquidation Company (MLC), formerly General Motors Corporation, was the company left to settle past liability claims from Chapter 11 reorganization of American car manufacturer General Motors. It exited bankruptcy on March 31, 2011, only to be carved into four trusts; the first to settle the claims of unsecured creditors, the second to ...
General Motors' (GM) hot stock has sprung a leak after its latest earnings report on Tuesday. Shares of the auto giant fell as much as 11% on Tuesday and closed down 9%. It marked the worst day ...
The value of that stock, options and pension has been lost in the bankruptcy restructuring that Congress approved for GM. GM sent letters to tens of thousands of their dealers, supplier executives, employees and union members, asking recipients to call and write Congress with several "talking points" about the potential effects of a GM bankruptcy.
General Motors (NYSE: GM) closed out a strong 2024 with fourth-quarter results that beat Wall Street's expectations. The U.S.-based automaker also predicts another good year in 2025 with even ...
Warren Buffett’s Berkshire Hathaway unloaded its entire $850 million worth of General Motors stock last quarter, ... Shares of Berkshire Hathaway are up about 15.8% year to date. The S&P 500 ...
Industrials editor Brendan Byrnes discusses GM hitting a post-bankruptcy low. This looks like a very attractive entry point, as the stock trades at only five times earnings. While the auto company ...
General Motors (NYSE: GM) has been on a stock buyback tear as the company takes advantage of a low valuation to reduce its share count. In this video, Travis Hoium shows just how quickly the ...