Ford Announces Public Offering of another 300 Million Shares of Common Stock
Ford Motor Company (NYSE: F) announced late today a public offering of 300 million shares of its common stock at a par value of $0.01 per share. Ford said it also expects to grant to the underwriters a...
View ArticleFord Raises $1.4 Billion through a new Common Stock Offering
The loss-making company also has a proposal pending at the annual meeting later this week for approval to issue additional shares of common stock in a transaction or series of related transactions in...
View ArticleUAW Ratifies Revised GM Contract
GM employees represented by the United Auto Workers Union have ratified the modifications to their National Labor Agreement. The amended agreement covers approximately 54,000 hourly employees located...
View ArticleUAW Picks Its GM Board Member from within
The United Auto Workers and the trustees of the Voluntary Employee Beneficiary Association (VEBA) for retired workers selected Stephen J. Girsky yesterday to fill its seat on General Motors’ board of...
View ArticleFeds May Break Rules on GM Retiree Pension Plan
The U.S. Department of Labor's Employee Benefits Security Administration (EBSA) this morning announced a proposed exemption that -- if granted -- would allow the General Motors Company to transfer...
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