Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Nyse  >  General Motors Company    GM

SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

General Motors Company : Ally Financial to Sell About $1 Billion in Common Stock -CNBC

08/16/2013 | 12:11pm US/Eastern

Ally Financial Inc. plans to sell about $1 billion of its common stock, possibly as early as later Friday, CNBC reported, citing people familiar with the matter.

Proceeds from the offering could be used to pay back the Treasury Department for its holding of a convertible preferred stake in Ally as well as boosting the company's capital levels.

Full story at: www.cnbc.com

Write to nymonitoring@dowjones.com

React to this article
Latest news on GENERAL MOTORS COMPANY
04:57p GENERAL MOTORS : Buyer's Guide
04:30pDJEuropean Style Work Vans Spur a U.S. Sales Revival
01:36p GENERAL MOTORS : Ford UAW leaders vow no concessions in new contract
04:16a UK new car registrations up 9.6 percent in August - SMMT
12:55aDJBASF, Gazprom Renew Abandoned Asset-Swap Plan
09/03 Detroit Three show interest in UAW healthcare overhaul idea
09/03 Fiat Chrysler says talking with UAW union about health care co-op
09/03DJFormer Saab Board Members Hit With Forgery Charges
09/03 Ford opens $275 million engine plant in Russia
09/03 GENERAL MOTORS : Research Conducted at General Motors Has Updated Our Knowledge ..
Advertisement
Chart
Duration : Period :
General Motors Company Technical Analysis Chart | GM | US37045V1008 | 4-Traders
Income Statement Evolution
More Financials