stock offering

BlackRock's stock price fell sharply on Wednesday morning after the global investment management firm confirmed that Bank of America and PNC Financial Services would sell 42 million of its shares in a secondary offering.

Auto giant General Motors is expected to file for its IPO as soon as Wednesday. The filing is likely to include preferred as well as common shares and will help the government unload its 61% stake in the carmaker.

Here's news from the business world and other money matters to watch out for Wednesday (last updated at 7:59 a.m. Eastern time): FCC Bungling Propelled 'Net Neutrality' Deal: Efforts by the Federal Communications Commission in recent years to maintain a level playing field for Internet traffic may...

Goldman Sachs' big discount in underwriting fees for the GM IPO has squeezed the other underwriters in the deal. The banks now stand to make only a fraction of what they would normally rake in for the stock offering.

Here's news from the business world and other money matters to watch out for Monday (last updated at 8:14 a.m. Eastern time): IPO's Success Falls To New CEO: As General Motors speeds toward its public stock offering, newly named CEO Daniel Akerson will need to convince shareholders that the...

Three months after turning in its first profit since bankruptcy, GM is expected to report even bigger profits during the second quarter when it releases its latest results on Thursday.

GM CEO Ed Whitacre dampened hopes that the company's anticipated initial public offering would be any time soon. "We're not there yet," he told a reporter at an industry conference.

Nomura Holdings (NMR), the Japanese megabank that owns the remnants of Lehman Brothers' overseas operations, says it's raising $5.6 billion (well, ¥511 billion, actually) to expand in the United States and elsewhere. Nomura, Japan's largest brokerage, plans to sell about 800 million shares...

Ford (F) as much as admitted that it needed cash today. While the money may not go toward operations, the car company has other obligations that will require access to capital. Ford today announced that it planned to sell 300 million shares. The majority of that will almost certainly go toward...