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General Motors enjoying 'healthy backdrop' as auto sales tick up - RBC
Proactiveinvestors NA· 2025-01-07 14:40
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
GM Defense to provide Suburban Shield armored vehicles to Qatar Armed Forces
Prnewswire· 2025-01-07 13:00
WASHINGTON, Jan. 7, 2025 /PRNewswire/ -- GM Defense is providing next generation Suburban Shield armored vehicles to the Qatar Armed Forces and Special Forces Command for protected diplomatic security and VIP transport.The Suburban Shield is based on General Motors' full-size pickup truck and sport utility vehicle architecture. The vehicle features a high percentage of commercial parts, including the body, exterior, propulsion, interior, and brakes. GM Defense is providing next generation Suburban Shiel ...
Invest in These 4 Value Stocks for Promising 2025 Returns
ZACKS· 2025-01-06 16:35
The U.S. stock market staged a comeback on Friday, marking a sharp rebound after a subdued start to the new year. Investors ended the holiday-shortened week with optimism bolstered by expectations of potential rate cuts and the prospect of pro-business policies under the new regime. Technology stocks played a pivotal role in Friday’s rally.The S&P 500 rose 1.3% to close at 5,942.47, while the Nasdaq Composite Index jumped 1.8%, ending the session at 19,621.68. The Dow Jones Industrial Average climbed 0.8% t ...
Former Pioneer Natural Resources Managing Associate General Counsel Bryan L. Clark Joins Bracewell's Dallas Office
Newsfile· 2025-01-06 15:56
Former Pioneer Natural Resources Managing Associate General Counsel Bryan L. Clark Joins Bracewell's Dallas OfficeJanuary 06, 2025 10:56 AM EST | Source: BracewellDallas, Texas--(Newsfile Corp. - January 6, 2025) - Bracewell LLP announced today that Bryan L. Clark has joined the firm's Dallas office as a partner in both the firm's oil and gas and energy transition practice groups. Clark is returning to private practice after serving for over a decade as the primary midstream counsel at Pioneer ...
General Motors' Q4 US Sales Rise 21% Y/Y on Robust EV Deliveries
ZACKS· 2025-01-06 15:46
General Motors Company (GM) had a robust 2024, achieving growth in U.S. sales and market share with its revamped lineup of electric and gas-powered vehicles. In 2024, GM’s total sales increased 4% to 2.7 million units, the company’s highest since 2019. GM estimates its 2024 market share at 16.5% and ended the year with 54 days of inventory, aligning with its target. All major brands — Chevrolet, GMC, Buick, and Cadillac — posted significant sales gains.In the fourth quarter, GM's sales rose 21% year over ye ...
Revving Up: Why General Motors Is Posed For A Breakout Year
Seeking Alpha· 2025-01-06 08:44
General Motors (NYSE: GM ) trades for an extraordinarily low valuation for a company in the S&P 500. Compared to the index average of almost 30x earnings, General Motors trades for under six times earnings, a sizable differential. So what justifies this lowDaly Asset Management is a Maryland based C-Corp designed to aggressively grow the owners assets. We pursue deep value investments, companies with unrecognized growth potential, and employ options to outsize returns. We intend to publish research roughly ...
Here's Why Air Products Stock Declined in December and Why Its Annual General Meeting Could Be a Thriller
The Motley Fool· 2025-01-03 18:43
Share Price Decline - Shares of Air Products declined by 13.2% in December, driven by administrative matters rather than end markets or operational issues [1] Activist Hedge Fund Involvement - Mantle Ridge, an activist hedge fund owning 1.8% of Air Products' stock, initiated a conflict with the company's management in December [2] - Mantle Ridge proposed four independent candidates to the Board, including former Praxair CEO Dennis Reilley, and aims to appoint Eduardo Menezes as CEO [3] - The hedge fund filed a proxy statement urging investors to vote for its nominees at the AGM on Jan 23, citing underperformance and management problems [4] Air Products' Response - Air Products' Board criticized Mantle Ridge's track record, citing its history of value destruction and lack of a serious plan [5] - The Board highlighted Mantle Ridge's three successive settlements with companies and subsequent stock underperformance [5] - The Board questioned the qualifications of Mantle Ridge's proposed candidates, noting Menezes' lack of CEO experience and Reilley's absence from operational roles for over 17 years [5] Ongoing Battle - Both parties have issued investor presentations outlining their strategies, setting the stage for a continued battle for shareholder support leading up to the AGM on Jan 23 [6] - The share price decline may reflect market speculation about Mantle Ridge's potential success, with uncertainty expected to persist until the AGM [6]
S&P 500: Nvidia Jumps, Alcohol Stocks Fall After Surgeon General's Warning
FX Empire· 2025-01-03 18:06
EnglishItalianoEspañolPortuguêsDeutschالعربيةFrançaisImportant DisclaimersThe content provided on the website includes general news and publications, our personal analysis and opinions, and contents provided by third parties, which are intended for educational and research purposes only. It does not constitute, and should not be read as, any recommendation or advice to take any action whatsoever, including to make any investment or buy any product. When making any financial decision, you should perform your ...
Alcohol Stocks Drop—Corona Owner Plummets $450 Million In Value—After Surgeon General Says Alcohol Should Have Cancer Warning
Forbes· 2025-01-03 14:49
ToplineConstellation Brands, the producer of Modelo and Corona, lost about $450 million in market capitalization as shares for several alcohol makers and distributors dipped on Friday after Surgeon General Vivek Murthy called for Congress to update warning labels on alcoholic beverages to include cancer risks.Drinking alcohol results in an increased risk of at least seven types of cancer, Vivek Murthy said.Copyright 2010 AP. All rights reserved. Key FactsShares of Constellation Brands dropped by more than 1 ...
Gray Media Promotes Alison Davis to General Manager of WTOK-TV in Meridian, Mississippi
GlobeNewswire News Room· 2025-01-03 13:15
ATLANTA, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) today announced the promotion of Alison Davis to the position of General Manager of WTOK, the ABC/CW/Telemundo affiliate in Meridian, Mississippi, effective January 6, 2025. She will retain her current position as Director of Sales for the station. Alison Davis has more than 30 years experience in media sales. After beginning her broadcast career as a local account executive in Fort Wayne, Indiana, she relocated to Indianapolis, Indian ...