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KIRK KERKORIAN
- Ford, GM financial arms face writedowns
Ford Motor’s and General Motors’ financial arms may need to write down $1.1 bn and $1.5 bn, respectively, an analyst said.
- Billionaire investor Kirk Kerkorian increases stake in Ford
Billionaire investor Kirk Kerkorian's Tracinda Corp. reported on Thursday it has increased its stake in Ford Motor Co. by about 20 million ...
- Billionaire investor Kerkorian adds $100 mn in Ford bid
Billionaire investor Kirk Kerkorian has added $100 million in financing as part of his bid to increase his stake in Ford Motor Co.
- Ford’s break-even may drag up to 2009
Ford Motor said it won't meet chief executive officer Alan Mulally's goal of returning to profit next year as higher steel costs drive up e...
- Kirk Kerkorian wants more of Ford Motor
Billionaire investor Kirk Kerkorian said he may increase his Ford Motor stake beyond 5.6% as he followed up on his plan to buy additional s...
- Ford rally silences sceptics of founding family's power
Ford Motor’s rally, spurred by chief executive officer Alan Mulally’s recovery plan, may quiet critics demanding the founding family relinq...
- Kerkorian buys into Ford’s revival story, picks up 4.7%
Kirk Kerkorian, the billionaire investor who tried to overhaul General Motors three years ago, said he has bought a 4.7% stake in Ford Moto...
- Billionaire Kerkorian discloses Ford stake, offers $8.50 a share for up to 20M shares
Billionaire Kirk Kerkorian, making yet another significant investment in a U.S.-based automaker, plans to make an offer that would expand h...
- Dubai World to buy stake in MGM Mirage
Dubai agreed to pay $5 billion for a 9.5% stake in MGM Mirage and half of the casino company’s CityCenter hotels and condominiums project t...
- Kerkorian keen to bond with Chrysler
Billionaire Kirk Kerkorian, who offered to buy DaimlerChrysler's Chrysler unit for $4.5 billion earlier this week, said he wants “a true pa...
- General Motors likely to face Kerkorian-led proxy fight
General Motors may face a proxy fight aimed at electing a new board after the resignation of a director who criticised the company’s reject...
- ‘GM calls off alliance talks with Renault, Nissan’
General Motors ended talks aimed at forming an alliance with Carlos Ghosn’s Renault and Nissan Motor, The Wall Street Journal said, citing ...
- Kerkorian may buy up to 12m more GM shares
General Motors dissident shareholder Kirk Kerkorian told GM he is interested in buying up to 12m more shares of the company as he presses t...
- Renault may get up close with Ford if GM drives away
Carlos Ghosn’s Renault and Nissan Motor may start talks with Ford Motor as prospects fade for a link with General Motors, two people with k...
- GM, Nissan to review pact within 90 days
General Motors, Renault and Nissan Motor agreed on Friday to review the benefits of a potential alliance that could change the world auto i...
- Nissan, GM chiefs to meet soon on tie-up
Renault and Nissan chief executive Carlos Ghosn is set to meet his General Motors counterpart Rick Wagoner later this month in Detroit, the...
- GM to discuss Nissan-Renault deal on Friday
General Motors’s board will meet on Friday to discuss shareholder Kirk Kerkorian’s proposal to join an alliance between Nissan Motor and Re...