World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
GM buying back $2.1 billion in government preferred stock.
Keywords:
After the $2.1 billion buyback of preferred shares from the government GM will have repaid $9.5 billion of its $49.5 billion bailout. GM will still owe the government $40 billion. GM also plans to make a contribution of $6 billion in cash and stock to its underfunded employee pension plans, and a $2.8 billion payment to the United Auto Workers retiree health care trust fund. In total, the actions taken by GM will reduce its debt by about $11 billion and reduce interest by $500 million.
GM's (General Motors) Debt Reduction Strategy in 2010-2012
10/28/2010
Grouped Articles
GM buying back $2.1 billion in government preferred stock.
Detroit News 10/28/2010
GM's Drive: Getting Out of Debt
Wall Street Journal 12/15/2010
Wall Street Bets on Debt That Doesn't Exist
Wall Street Journal 02/28/2011
Wall Street Journal 08/05/2011
GM Cuts Benefits for Salaried Staff
Wall Street Journal 02/16/2012
New York Times 05/03/2012
GM (General Motors) financial performance 2010-2015
01/11/2010
Grouped Articles
GM Earnings: Weaker North America Hits Profit
Wall Street Journal 05/03/2013
GM Earnings: Car Maker Beats Views as Europe Improves
Wall Street Journal 07/26/2013
Is General Motors Rushing Its Initial Public Offering?
New York Times 06/22/2010
GM Restores Dividend as Global Vehicle Sales Rise
Wall Street Journal 01/15/2014
GM Expects Modest Earnings Gain in 2014
Wall Street Journal 01/17/2014
GM's New Chief to Accelerate Profit Push
Wall Street Journal 01/26/2014
GM (General Motors) debt, credit ratings and borrowing costs
10/28/2010
Grouped Articles
GM buying back $2.1 billion in government preferred stock.
Detroit News 10/28/2010
GM (General Motors) performance 2010-2018
01/11/2010
Grouped Articles
GM Earnings: Weaker North America Hits Profit
Wall Street Journal 05/03/2013
GM Earnings: Car Maker Beats Views as Europe Improves
Wall Street Journal 07/26/2013
Is General Motors Rushing Its Initial Public Offering?
New York Times 06/22/2010
BusinessWeek 09/30/2010
GM Restores Dividend as Global Vehicle Sales Rise
Wall Street Journal 01/15/2014
GM Expects Modest Earnings Gain in 2014
Wall Street Journal 01/17/2014
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us
