GM Sets Buyback, Placating Activists

General Motors Co. on Monday became the latest company to return billions of dollars to shareholders amid tussles with investors over how to better allocate corporate cash, reported The WSJ. Facing a potentially contentious fight over a board seat and a larger buyback, the car maker tried to walk the line between placating big investors ... Read More »

Fiat Chrysler Raises $3.9 Billion in Share, Bond Offerings

Fiat Chrysler Automobiles said today that it was able to raise $3.89 billion before expenses from the sale of 100 million shares of stock and a separate bond offering, reported Detroit Free Press. The sale of the stock and bonds will give the automaker much needed capital that it can use to pay down debt ... Read More »

GM Said to Aim for Up to $16 Billion in Stock Sale