Topic: Sean McAlinden
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With big GM stock offering, vindication for the government bailout?
GM stock is trading again, after automaker's emergence from bankruptcy and a partial government takeover. But the debate goes on over the wisdom of the US bailout.
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GM stock price up 3.6 percent on first day: five questions about the IPO
The GM stock price ends at $34.19 on its first day of trading, as the company's recent profitability stokes demand for the IPO stock. The $23.1 billion raised will help pay back the US Treasury.
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Rising auto sales could rescue Michigan, Big Three
Auto sales are up, even for the Big Three. The worst may be over for US automakers – and for Michigan.
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Saturn: Why one of Detroit's brightest hopes failed
Penske's bid to buy Saturn from GM fell apart Thursday, ending a grand experiment in American automaking.
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