Can you deduct a loss for your worthless GM stock? With tax time at hand, you may be wondering if you can ... the day that GM filed for bankruptcy. Each share of GM stock became a share in Motors Liquidation. While it was widely reported that the shares were worthless, those shares still traded, then ... 07/2/2014 - 11:00 am | View Link
Susan Tompor: Time to claim tax loss on GM shares It was not until March 31, 2011, that Motors Liquidation Co. -- the new name for the old GM stock -- stopped trading in the over-the-counter market when it closed at 4 cents a share. So, the 2011 tax return becomes the key time to book a tax loss for a ... 03/25/2012 - 6:25 am | View Link
GM stock, warrants being sold Motors Liquidation Co. said in the filing with the Securities and Exchange Commission that the stock and warrants being sold starting ... The nation’s second largest tax preparer said its lenders agreed to a restructuring plan to lower debt and interest ... 05/24/2011 - 1:00 pm | View Link
Singletary: GM's old stock not worth much But investors who are holding the old GM stock are probably not so elated. Their stocks are nearly worthless, except to those who sell shares to lock in their losses for tax-deduction ... GM is now known as the Motors Liquidation Co. It is separate and ... 11/17/2010 - 12:01 pm | View Link
No stock exchange for old, new GM shares And now the company is planning to sell millions of new shares of common stock for $32 to $33 per share ... The old bankrupt GM is now known as the Motors Liquidation Co. It is separate and distinct from the new General Motors. One would think that ... 11/16/2010 - 11:00 am | View Link
GM: Summary for General Motors Company Common S- Yahoo ... View the basic GM stock chart on Yahoo! Finance. Change the date range, chart type and compare General Motors Company Common S against other companies. 09/1/2014 - 5:42 am | View Website
General Motors Chapter 11 reorganization The General Motors Chapter 11 sale of the assets of automobile manufacturer General Motors and some of its subsidiaries was implemented through section 363 of Chapter ... 09/1/2014 - 3:04 am | View Website
GM Stock Quote Updated stock quote for gm - including gm stock price today, earnings and estimates, stock charts, news, futures and other investing data. 09/1/2014 - 2:28 am | View Website
General Motors | Official Global Site | GM.com General Motors is home to Buick, Cadillac, GMC and Chevrolet. Find the latest news about GM automotive innovations, investor relations and more. 08/31/2014 - 9:42 pm | View Website
Image Credit: Lumo BodyBetter posture can make in important difference for both the body and mind. Researchers and doctors find that a more upright posture not only makes us more confident at our jobs but also helps alleviate the nasty joint pain associated with desk work. Now a new wearable aims to urge users into the habit of great posture: the Lumo Lift.
In 1964, Richard Feynman gave a series of seven, hour-long lectures at Cornell University that have gone down in history as a wonderfully accessible introduction to physics. Now, you can read them online for free. Read more
ATLANTIC CITY, N. J. — It's the most spectacular and costly failure in Atlantic City's 36-year history of casino gambling: the $2.4-billion Revel Casino Hotel emptied its hotel Monday. The casino itself will shut early Tuesday morning.
Revel is shutting down a little over two years after it opened, aiming to revitalize Atlantic City's struggling gambling market
But mired in its second bankruptcy in two years, Revel has been unable to find anyone willing to buy the property and keep it open as a casino.
The Long Island village of Asharoken (ASH'-uh-roh-kehn) faces a dilemma as it seeks to protect itself from erosion and other problems in the wake of Superstorm Sandy.
It can accept federal aid to build a dune and create public access to its beach for the first time in nearly 90-year history.
Maseru (Lesotho) (AFP) - Lesotho's exiled prime minister is heading home, and aide told AFP on Monday, as regional mediators sought to reinstall him to power days after an apparent coup. "We are going home now, most probably we will be in Lesotho tomorrow," Samonyane Ntsekele, an advisor to Prime Minister Tom Thabane, said from Pretoria, where southern African states brokered a deal to end the crisis.
Kiev (AFP) - Ukrainian forces ceded a strategic eastern airport to pro-Russian insurgents on Monday as the government in Kiev accused Moscow of launching a "great war" that could claim tens of thousands of lives. The sense of foreboding in Kiev came as European-mediated talks over the fast-escalating crisis opened in the Belarussian capital Minsk behind closed doors, attended by government, separatist and Russian envoys. The rebels have launched a major counteroffensive in recent days that the Ukrainian government and its Western allies claim is backed by Russian forces -- a charge Moscow denies. Ukraine's Defence Minister Valeriy Geletey vowed on Monday to "immediately mount defences against Russia, which is trying not only to secure positions held by terrorists before but to advance on other territories of Ukraine"."A great war arrived at our doorstep, the likes of which Europe has not seen since World War II," he wrote on Facebook, warning of "tens of thousands of deaths".