10 result(s) displayed (1 - 10 of 10):

Who is buying old GM stock? (from Corporate Dealmaker)

OK, if you're a day trader and see MTLQQ.PK, don't buy it. The government and folks at General Motors Co. have warned investors not to buy old GM stock, but the price is jumping and falling by 50 cents and more on some days. Apparently, people think they are getting...

Posted on August 20, 2009 4:31 PM

Ford discussing deals for Volvo sale (from Corporate Dealmaker)

Ford Motor Co. (NYSE:F) is closer to selling its struggling Swedish brand Volvo Cars AB. Ford is talking with several parties but would not name who or how many potential buyers there are. "Ford has been pleased with the number and quality of these parties, and preliminary discussions have...

Posted on March 25, 2009 12:05 PM

Electric car battery makers jostle for position (from Corporate Dealmaker)

The most recent news on the battle for market share supplying lithium-ion batteries for electric cars comes from Johnson Controls Inc. of Milwaukee and from Silicon Valley's Tesla Motors.Automakers and their suppliers hammered by a global financial meltdown are placing many bets on the hyrbid and electric car market. They...

Posted on January 15, 2009 1:54 PM

Auto bailout -- yes, no ... How about a merger? (from Corporate Dealmaker)

The Deal's Lou Whiteman is diligently covering events as they unfold at the House's auto bailout hearing, and it's still not clear if help will be forthcoming. But there's no denying Friday's job numbers have bolstered the Big Three's call for assistance. Nonfarm payroll employment fell by 533,000 in November...

Posted on December 5, 2008 12:28 PM

GMAC files for bank status; will GM transfer ownership? (from Corporate Dealmaker)

Questions about GMAC Financial Services survival may be answered if it gets the ability to tap TARP funds. Thursday morning, the firm -- owned by Cerberus Capital Management LP and General Motors Corp. -- announced like so many others that it applied to the Federal Reserve to become a bank...

Posted on November 20, 2008 10:37 AM

BofA's Ken Lewis: Big Three should be Big Two (from Corporate Dealmaker)

In a lunch meeting at the Detroit Economic Club on Tuesday, Bank of America Corp. CEO Ken Lewis (pictured) said he would only favor a bailout for cash-leaking Big Three automakers General Motors Corp., Chrysler LLC and Ford Motor Co. if it were to yield major consolidation in the industry....

Posted on November 19, 2008 9:27 AM

A clear day, but you can't see General Motors (from Corporate Dealmaker)

Maybe French President Nicolas Sarkozy is right, and we really are reinventing capitalism. It sure feels that way when the topic is the fate of General Motors Corp., as it so often is these days.Adding another voice to the hubbub of opinion Tuesday is former General Electric Co. chairman Jack...

Posted on November 18, 2008 10:20 AM

Devine guidance for bankrupt Dana (from Corporate Dealmaker)

Former General Motors Corp. (and Ford Motor Co.) CFO John Devine will become chairman of bankrupt auto parts maker Dana Corp., according to The Wall Street Journal. Now backed by PE firm Centerbridge Capital Partners, Dana looks set to emerge from bankruptcy soon, though asbestos claimants are objecting to the...

Posted on January 10, 2008 10:35 AM

Common cause (from Corporate Dealmaker)

As some recent deals demonstrate, what once seemed unlikely now seems inevitable. But that doesn't mean everyone's pedaling along together in perfect harmony.

Posted on June 15, 2006 7:00 PM

Industrial-strength finance (from Corporate Dealmaker)

In addition to managing the capital needs of an industrial behemoth, the treasurer's office at General Motors helps to carry out its constant flow of deals. Led by Walter Borst, this storied power center offers some lessons for other companies.

Posted on December 15, 2003 5:30 PM