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- Hollywood sleuth guilty of bugging ex-wife of billionaire
- LOS ANGELES AFP — The private investigator convicted of a Hollywood wiretapping scandal was on Friday found guilty of bugging the phones of billionaire Kirk Kerkorian's ex-wife. Anthony Pellicano, who was found guilty in a separate case involving Hollywood celebrities earlier this year, was accused in his latest trial...
- Research articles 2008-08-29
- Stockholders offer 1.3 billion Ford shares to Kerkorian
- DETROIT -- Ford Motor investors know a good deal when they see one. Shareholders tendered more than 1.3 billion shares to investor Kirk Kerkorian, who offered to buy 20 million of the ailing automaker's outstanding shares for $8.50 each. The offer was...
- Research articles 2008-06-11
- Kerkorian ups stake in Ford
- CHICAGO AFP — Investors rushed to help billionaire Kirk Kerkorian build a 5.5 percent stake in Ford Motor Co., his Tracinda Corp said Tuesday. Nearly half of Ford's 2.2 million outstanding shares were tendered after Kerkorian made an offer of 8.50 dollars per share in order to sweep up...
- Research articles 2008-06-10
- Kerkorian builds stake in Ford, seeks more
- NEW YORK AFP — Billionaire Kirk Kerkorian said Monday he has built a 4.7 percent stake in Ford Motor Co. and is seeking another one percent, saying the troubled automaker is making "meaningful traction in its turnaround efforts." In a statement, Kerkorian's personal holding company Tracinda Corporation said it...
- Research articles 2008-04-28
- Kerkorian stock sale focuses attention on GM's turnaround plan,
- WASHINGTON -- Billionaire investor Kirk Kerkorian's decision to unload his large stake in General Motors Corp. removes -- at least for now -- the automaker's leading foil and focuses attention on the company's turnaround plan, analysts said Friday. Kerkorian's investment company, Tracinda Corp., on Thursday reportedly dumped the...
- Research articles 2006-12-04
- Kerkorian to cut stake in GM
- NEW YORK AFP — Billionaire investor Kirk Kerkorian announced he had cut his stake in General Motors after failing to engineer a global alliance of the US auto giant with the Renault-Nissan group. Kerkorian's personal holding company, Tracinda Corp. announced that it had reduced its stake in GM to 7.4...
- Research articles 2006-11-22
- Kerkorian's next move with GM up in air
- LOS ANGELES -- For General Motors, the question now is whether billionaire Kirk Kerkorian will escalate his fight or walk away. With Friday's abrupt resignation of his lieutenant from GM's board, Kerkorian is likely to battle for his ideas from the outside, one analyst says. "It kind of sounds like...
- Research articles 2006-10-09
- Kerkorian decides not to up GM stake as rep resigns from board
- DETROIT, United States AFP — General Motor's largest private shareholder backed out of plans to up his stake Friday as his representative on the board resigned after the automaker ended alliance talks with Renault-Nissan. Kirk Kerkorian, whose Tracinda Corp. owns a 9.9 percent stake in GM, said in regulatory filings...
- Research articles 2006-10-06
- Kerkorian seeks 12% stake in General Motors
- Billionaire investor Kirk Kerkorian plans to buy up to 12 million more shares of General Motors stock, giving him a 12% stake in the automaker and more clout to engineer the alliance he wants with France's Renault and Japan's Nissan Motor. Kerkorian's Tracinda investment company disclosed its intentions in a...
- Research articles 2006-09-29
- Advanced Growing Systems Engages Whitley Penn to Fulfill Requirements to Move Up Exchanges.
- M2 PRESSWIRE-29 September 2006-InvestSource Inc.: Advanced Growing Systems Engages Whitley Penn to Fulfill Requirements to Move Up ExchangesC1994-2006 M2 COMMUNICATIONS LTD RDATE:29092006 Stocks in the News: Advanced Growing Systems, Inc. (OTC: AGWS), General Motors Corp. (NYSE: GM), Ford Motor Co. (NYSE:...
- Research articles 2006-09-29
- Kerkorian's share of GM may top 10%
- DETROIT -- Billionaire investor Kirk Kerkorian pressed his case for a three-way alliance of General Motors Corp., Renault and Nissan on Thursday, backing up his argument with a threat to push his GM holdings to more than 10 percent. Kerkorian's Tracinda Corp. broke the news in a filing...
- Research articles 2006-09-29
- I'm the Right Guy for GM'
- On the Friday morning before all of General Motors was to go on its Independence Day holiday, a surprise letter hummed over CEO Rick Wagoner's fax machine. It was from GM's largest individual investor, 89-year-old Vegas billionaire Kirk Kerkorian. And though it was addressed to Wagoner, the June 30 missive...
- Research articles 2006-07-24
- 'I'm the Guy to Run GM'
- Over dinner in Detroit last Friday night, General Motors CEO Rick Wagoner and Renault-Nissan chief Carlos Ghosn discussed concocting a car colossus that would control one quarter of the world's auto sales. But for Wagoner, the dinner was a blind date. Last month GM's largest shareholder, 89-year-old Las Vegas billionaire...
- Research articles 2006-07-24
- GM, Renault-Nissan chiefs to meet late Friday
- DETROIT, United States AFP — Top executives from General Motors Corp. and Nissan-Renault were set to discuss a global alliance in which plans for emerging markets could be key. Nissan-Renault's Carlos Ghosn noted during an interview with CNBC Thursday that mature markets in the United States, Japan and Europe...
- Research articles 2006-07-14
- THE SAVIOUR OF MOTOR CITY? CARS: GLOBAL ALLIANCE General Motors is
- IN automotive circles, Carlos Ghosn is known as the 10billion- dollar man. That is the amount industry experts believe the Brazilian-born Mr Fix-it can bring to the share value of any major car company lucky enough to lure him on board. When Ghosn was installed at the helm...
- Research articles 2006-07-09
- Investor could seize GM
- DETROIT -- Billionaire investor Kirk Kerkorian could seize control of General Motors Corp. easily with help from automakers Nissan and Renault. Kerkorian's Tracinda Corp. owns 9.9 percent of GM's shares. If Renault SA of France and Nissan Motor Co. of Japan each buy stakes of up to 10...
- Research articles 2006-07-06
- GM board to meet Friday after shareholder proposes alliance
- DETROIT -- General Motors Corp. said Wednesday its board of directors will meet by telephone Friday, a week after dissident shareholder Kirk Kerkorian disclosed his efforts to link the company with foreign competitors Renault and Nissan. GM spokeswoman Toni Simonetti said the meeting was scheduled before Kerkorian proposed...
- Research articles 2006-07-05
- Nissan, Renault wait for GM reply to overture on talks
- PARIS AFP — Prospects for creating a king-of-the-road auto group hangs on a reply from General Motors to interest from Renault and Nissan in a three-way alliance to get GM back on track and face up to Toyota. Uncertainty overshadowed the proposal however, with some saying it had been...
- Research articles 2006-07-04
- GM eyeing partnership with foreign auto giant
- Renault-Nissan, the Franco-Japanese auto giant, is interested in buying a 20-percent stake in General Motors Corp. and establishing a massive global alliance with the ailing No. 1 U.S. automaker. The bold plan was conceived in secret talks between billionaire GM shareholder Kirk Kerkorian and Carlos Ghosn, chief executive...
- Research articles 2006-07-01
- Proposal for GM alliance with Renault/Nissan gains traction
- DETROIT, United States AFP — Top General Motors executives held emergency consultations Friday to discuss a surprise bid that seeks a possible alliance between GM and French automaker Renault and its Japanse partner Nissan. Industry analysts offered a positive take on the possible alliance and GM's shares surged immediately...
- Research articles 2006-06-30
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