Ford names Hackett as CEO to tackle car rivals, Silicon Valley

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David Einhorn Issues Letter to General Motors (GM) Shareholders Highlighting the Board’s Failures

May 23, 2017 9:04 AM EDT

Greenlight Capital, Inc. and its affiliates (Greenlight), which own 3.6% of the common stock of General Motors Company (NYSE: GM), making it GMs fifth largest public shareholder, is mailing a letter to GM shareholders highlighting that GMs Board of Directors has been unwilling to take the steps Greenlight believes are necessary to unlock billions of dollars of shareholder value either by embracing Greenlights plan to split the Companys common stock into two classes of common equity (the Plan) or by putting forth any other plan to help fix the Companys significant valuation problem. Greenlight... More

Ford Motor (F) Plans News Conference Today at 9:45 a.m. EDT

May 22, 2017 7:07 AM EDT

Ford Motor Company (NYSE: F) will host a news conference at 9:45 a.m. EDT today at Ford World Headquarters.

A video livestream and conference call will be available for news media unable to attend in person and members of the investment... More