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Annaly Capital Management (NLY) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-06-13 23:16
In the latest close session, Annaly Capital Management (NLY) was down 1.54% at $19.18. The stock's change was less than the S&P 500's daily loss of 1.13%. Elsewhere, the Dow lost 1.79%, while the tech-heavy Nasdaq lost 1.3%. Coming into today, shares of the real estate investment trust had lost 1.17% in the past month. In that same time, the Finance sector gained 1.24%, while the S&P 500 gained 3.55%. Market participants will be closely following the financial results of Annaly Capital Management in its upc ...
Harvest Gold Announces Annual General Meeting Results
Thenewswire· 2025-06-13 10:30
Company Overview - Harvest Gold Corporation is focused on exploring near surface gold deposits and copper-gold porphyry deposits in politically stable mining jurisdictions [2] - The board of directors, management team, and technical advisors have a collective geological and financing experience exceeding 400 years [2] AGM Results - The annual general meeting (AGM) held on June 12, 2025, resulted in all resolutions being approved with over 99% of votes cast in favor [1] - A total of 21,129,144 common shares were voted, representing 23.97% of the issued and outstanding common shares [1] Board Appointments - Len Brownlie was appointed as Chair of the board, with Edward Zablotny and Patrick Donnelly appointed to the Audit Committee, and Patrick Donnelly and Edward Zablotny to the Compensation Committee [2] - The number of Directors was set at five, with Richard Mark, Christopher P. Cherry, Edward Zablotny, Patrick Donnelly, and Len Brownlie elected as directors [6] Project Details - Harvest Gold has three active gold projects in the Urban Barry area, totaling 377 claims covering 20,016.87 hectares, located approximately 45-70 km west of the Gold Fields - Windfall Deposit [3] - The three properties, Mosseau, Urban-Barry, and LaBelle, cover over 50 km of favorable strike along mineralized shear zones [4] Auditor Re-appointment - Dale Matheson Carr-Hilton Labonte LLP was re-appointed as the auditor of the Company [6] Stock Options Plan - The Company's 10% Rolling Stock Options Plan was re-approved during the AGM [6]
Innovent to Present Multiple R&D Results of General Biomedicine Pipeline at the ADA's 85th Scientific Sessions
Prnewswire· 2025-06-13 01:00
Core Viewpoint - Innovent Biologics is set to present multiple clinical study results of mazdutide at the American Diabetes Association's 85th Scientific Sessions, highlighting its potential as a next-generation treatment for Type 2 Diabetes (T2D) and other metabolic diseases [1] Group 1: Clinical Studies and Presentations - The first Phase 3 study of mazdutide in Chinese adults with T2D (DREAMS-1) will be presented orally [1] - Multiple exploratory mechanism of action (MoA) analyses of mazdutide and a preclinical study of IBI3030 will be showcased in poster presentations [1] - The presentations include various studies on mazdutide's effects on liver fat accumulation, hyperuricemia, and cardiovascular risk markers [1][1][1] Group 2: Product Development and Regulatory Status - Mazdutide is currently under review with two New Drug Applications (NDAs) accepted by the National Medical Products Administration (NMPA) [4] - The drug is being evaluated in six Phase 3 clinical studies, with GLORY-1, DREAMS-1, and DREAMS-2 having met their primary endpoints [4] - Innovent has plans for several new clinical studies involving mazdutide, targeting conditions such as metabolic dysfunction-associated steatohepatitis (MASH) and heart failure with preserved ejection fraction (HFpEF) [7] Group 3: Company Overview and Partnerships - Innovent Biologics, founded in 2011, focuses on developing high-quality biopharmaceuticals for various diseases, including oncology and metabolic disorders [4] - The company has launched 15 products and has 3 new drug applications under regulatory review, with 4 assets in Phase III trials and 15 molecules in early clinical stages [4] - Innovent collaborates with over 30 global healthcare companies, including Eli Lilly, to enhance its product offerings and market reach [4]
First Hydrogen Corp. Provides Update on Canada Postal Negotiations and Voting at the Company's 2025 Annual General Meeting
Newsfile· 2025-06-12 23:10
Company Update - First Hydrogen Corp. is advising shareholders to vote by internet or phone due to ongoing Canada Postal negotiations and the proxy cut-off time of 10 a.m. Pacific Time on July 16, 2025, ahead of the annual general meeting on July 18, 2025 [2] - Detailed voting instructions are available on the company's website and shareholders must contact Computershare Trust Company of Canada for a control number before voting [3][4] Company Overview - First Hydrogen Corp. is focused on zero-emission vehicles and green hydrogen production and distribution, with operations in Vancouver, Montreal, Germany, and London [5] - The company has designed and built two hydrogen fuel-cell-powered light commercial vehicles (FCEV) that are road-legal in the UK, having completed 6,000 km of testing and achieving a range of over 630 kilometers on a single refueling [5]
Why Casey's General Stores Stock Skyrocketed This Week
The Motley Fool· 2025-06-12 17:38
Shares of Midwestern pizza and convenience store chain Casey's General Stores (CASY 1.19%) were 13% higher this week as of 12:30 p.m. ET Thursday, according to data provided by S&P Global Market Intelligence.Reporting fourth-quarter earnings, Casey's delivered earnings before interest, taxes, depreciation, and amortization (EBITDA) and earnings per share growth of 20% and 12%, surpassing analysts' expectations.This booming profitability, paired with management's announcement of a 14% dividend increase, sent ...
General Motors to Make an Investment of $4B in Three U.S. Plants
ZACKS· 2025-06-12 16:06
Key Takeaways GM will invest $4B across three U.S. plants, repurposing capacity to build gas-powered SUVs and trucks. Blazer production moves fully to the U.S.; Equinox output will be added but not fully shifted from Mexico. Investment boosts U.S. capacity past 2M vehicles and reflects GM's tariff-aware production strategy.General Motors Company (GM) plans to make an investment of around $4 billion across three U.S. assembly plants. The plans include shifting or expanding the production of two vehicles cu ...
GM doubles down on American manufacturing with $4B investment
New York Post· 2025-06-11 21:45
General Motors is investing $4 billion in its U.S. plants over the next two years to boost the manufacturing of gas and electric vehicles.With the multibillion-dollar investment, the Michigan-based automaker will be able to assemble more than 2 million vehicles per year in the U.S. The latest investment comes just two weeks after the company announced it earmarked $888 million for its Tonawanda Propulsion plant near Buffalo, New York, to support production of its next-generation V-8 engine.Prior to the inve ...
Renée James will join Portland General Electric board of directors, effective June 11, 2025
Prnewswire· 2025-06-11 21:00
PORTLAND, Ore., June 11, 2025 /PRNewswire/ -- Renée James has been appointed to the Portland General Electric (NYSE:POR) ("PGE" or the "Company") board of directors, effective June 11, 2025."We are pleased to welcome Renée to the PGE Board," said Jim Torgerson, chair of PGE's board of directors. "Renée brings valuable experience from the technology sector at a time when reshoring and onshoring of high-tech and semiconductor manufacturing are driving growth in our industry."Renée James is the founder, Chair ...
Bonterra Resources Announces Election Results of its 2025 Annual General Meeting
Newsfile· 2025-06-11 21:00
Bonterra Resources Announces Election Results of its 2025 Annual General MeetingJune 11, 2025 5:00 PM EDT | Source: Bonterra Resources Inc.Val-d'Or, Quebec--(Newsfile Corp. - June 11, 2025) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") announces election results of its 2025 annual general meeting held on June 11, 2025 ("2025 AGM"), representing its fiscal year ended 2024.Bonterra is pleased to announce that shareholders have approved all matters ...
General Motors Company (GM) Presents at Deutsche Bank Global Auto Industry Conference Transcript
Seeking Alpha· 2025-06-11 16:50
General Motors Company (NYSE:GM) Deutsche Bank Global Auto Industry Conference Call June 11, 2025 9:35 AM ET Company Participants Paul A. Jacobson - Executive VP & CFO Conference Call Participants Xin Yu - Deutsche Bank AG, Research Division Xin Yu GM, Paul Jacobson. Thank you so much for joining. Paul A. Jacobson Thanks for having us. Appreciate it, Edison. Question-and-Answer Session Xin Yu It's been a dynamic start to the year, to say the least. We have tectonic shifts in U.S. policy. Generally speaking, ...