Dec. 18 (Bloomberg) — General Motors Co. said it cant conclude the sale of its Saab Automobile division to Spyker Cars NV, and plans to wind down the money-losing Swedish brand. The companies encountered certain issues that couldnt be resolved during talks on a sale, Detroit-based GM said ...
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Deborah Kostroun reports on the performance of the US equity market today. US stocks tumbled the most in three weeks after Citigroup Inc. sold stock at a discount, FedEx Corp.s profit forecast trailed analyst estimates and jobless claims unexpectedly increased. (Source: Bloomberg) ... US Stocks ...
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Second Curve Capital LLC, talks with Bloomberg’s Betty Liu about Citigroup Inc.'s stock sale and the impact on shareholder value. Citigroup sold 5.4 billion shares at $3.15 apiece, less than the $3.25 the government paid when it acquired its stake in September. (This is an excerpt of the full in...
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about Citigroup Inc.'s share sale and US banks' efforts to repay the Troubled Asset Relief Program. Citigroup sold 5.4 billion shares at $3.15 apiece, less than the $3.25 the government paid when it acquired its stake in September. The New York-based bank said the Treasury wont sell any of its s...
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GM to Close Saab After Ending Sale Talks With Spyker: Video
