REDWOOD CITY, Calif., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Check Point Software Technologies Ltd. (NASDAQ: CHKP) today announced that shareholders approved all seven proposals presented at the 2024 Annual General Meeting. Approximately 87.6 million shares, representing approximately 79.6% of the shares outstanding as of the record date, were voted at the meeting. Check Point would like to thank shareholders for the support and confidence they have in the company and its employees. For more information on the a ...

31st October 2024 | SAINT HELIER, Jersey | CoinShares International Limited (“CoinShares” or “the Group”) (Nasdaq Stockholm: CS; US OTCQX: CNSRF), the leading European investment company specialising in digital assets, is pleased to announce the appointment of Lisa Avellini as Group General Counsel, effective November 4, 2024. Lisa brings a wealth of valuable experience to CoinShares, with an extensive background in legal and compliance roles within leading global financial institutions. She joins CoinShare ...

Toronto, Ontario--(Newsfile Corp. - October 30, 2024) - Premium Nickel Resources Ltd. (TSXV: PNRL) ("PNRL" or the "Company") is pleased to report on the results of its Annual General and Special Meeting (the "Meeting") of shareholders held on October 29, 2024. All proposed resolutions, each described in the notice of the meeting and management information circular of the Company dated September 19, 2024, were approved by the shareholders of the Company. The shareholders re-elected James Gowans (Chairman), ...

Here's one good reason to like General Dynamics stock -- and another reason not to buy the stock. General Dynamics (GD -0.71%) stock shed about 1% of its market cap since reporting earnings a week ago, closing out Tuesday just under $302 a share. That's a curious reaction on investors' part, however, in light of the company's third-quarter results. For fiscal Q3, ended Sept. 29, General Dynamics reported 10% sales growth, 12% operating profit growth, and 10% growth in net income, to $3.35 per share. Sales g ...

General Motors CEO Mary Barra said on Tuesday that EV manufacturers face steep competition in China.That competition comes with prices that are going "lower and lower," she said.It's not sustainable for EV manufacturers like GM, Barra said. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed while you're ...

Core Insights - The political landscape is influencing the electric vehicle (EV) market, with GM's CEO highlighting the unexpected nature of this development [1] - GM is focused on enhancing vehicle affordability and charging infrastructure while pursuing battery innovations to lower costs and improve energy density [2][4] - The company aims to provide affordable EV options, with models like the Equinox EV starting in the mid $30,000 range, targeting a range of 300 miles to alleviate consumer range anxiety [3] Charging Infrastructure - GM has invested hundreds of millions of dollars to improve charging infrastructure in collaboration with companies like EVgo, emphasizing the importance of accessible and well-lit charging stations [4] Autonomous Vehicles (AVs) - GM's acquisition of Cruise in 2016 was aimed at leveraging autonomy technology, with the company allowing Cruise to operate independently, leading to the commercialization of fully driverless robotaxis [5] - Despite setbacks, including a safety incident that led to the suspension of Cruise's operating permits, GM remains optimistic about the future of AVs and their potential to enhance safety [6] - Plans for a purpose-built AV without human controls were halted due to safety concerns, but GM still envisions such vehicles in the future [7] Data Security - As modern EVs collect extensive data, GM prioritizes cybersecurity and data privacy, having ceased sharing consumer driving data with certain insurance companies and appointing an executive to oversee customer privacy [8][9] Market Dynamics in China - GM's operations in China are facing challenges, with the company describing the competition as a "race to the bottom" due to domestic brands benefiting from government support [10] - In Q3, GM's joint venture in China reported a loss of $137 million, a significant decline from a $192 million profit the previous year, highlighting the unsustainable nature of current market conditions [10][11]

LOS ANGELES, Oct. 29, 2024 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today for the third quarter of 2024: Consolidated Highlights Three Months Ended September 30, Change Nine Months Ended September 30, Change 2024 2023 $ % 2024 2023 $ % (000's except per-share amounts and ratios) <td colspan="1" nowrap rowspan="1" heigh ...

Core Insights - General Motors CEO Mary Barra remains optimistic about the future of autonomous vehicles, specifically a model without steering wheels and pedals, despite the cancellation of the Origin project [1][2] - The decision to cancel the Origin was influenced by the challenges in changing Federal Motor Vehicle Safety Standards (FMVSS) and the difficulty in passing new legislation [2] - GM incurred a $583 million charge due to the cancellation of the Origin, which was initially projected to be produced in the tens of thousands [2] Company Perspective - Barra has been working on autonomous vehicle initiatives for approximately six to seven years, indicating a long-term commitment to the technology [2] - The company still envisions a future where consumers will purchase personal autonomous vehicles, emphasizing the need to observe how technology is adopted by consumers [2] - The timeline for the advancement of autonomous vehicle technology has been slower than anticipated, with expectations from 2016-2017 being overly optimistic [3]

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If value investors take a close look at the Detroit automotive industry, one company seems to stand out among the competition.Value investors looking for stocks could very well stumble into the Detroit automotive industry, with shares such as Ford Motor Company (F 2.71%), General Motors (GM -1.21%), and at least for this exercise, Stellantis (STLA 0.81%) all trading at cheap valuations as intense competition in the EV industry, among other issues, has weighed on financial results.But really, out of those th ...