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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 ...
The stock shed another 1% through midday trading on Wednesday. The stock had gained 50% in 2024 as GM moved quickly to slash billions in costs and repurchase stock. Results also consistently beat ...
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 ...
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 ...
Of all the great rivalries throughout time, whether it be sports or business, or something else, you'd be hard pressed to find as great a rivalry as Ford Motor Company (NYSE: F) and General Motors ...
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.
GM stock hit a 52-week high of $61.24 in December and is up 47% year to date — far ahead of its Big Three peers. Ford's stock is down 15% in 2024, while Stellantis shares have dropped nearly 40%.