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CORRECTION: Nano Labs Announces Results of Annual General Meeting of Shareholders
GlobeNewswire News Room· 2024-10-25 20:30
HANGZHOU, China, Oct. 25, 2024 (GLOBE NEWSWIRE) -- In the news release "Nano Labs Announces Results of Extraordinary General Meeting of Shareholders," issued October 23, 2024 by Nano Labs Ltd over GlobeNewswire, we are advised by the company that the final paragraph should be "The Share Consolidation will be effective from 5 P.M. on November 3, 2024, Eastern time. The expected market effective date of the Share Consolidation is November 4, 2024 (as of the opening of business)." The complete, corrected relea ...
Portland General Electric Announces Third Quarter 2024 Results
Prnewswire· 2024-10-25 09:00
Third quarter results reflect improved power cost conditions and continued robust demand growth from high-tech and data center customers Narrowing 2024 adjusted earnings guidance from $2.98 to $3.18 to a revised range of between $3.08 and $3.18 per diluted share to reflect year-to-date performancePORTLAND, Ore., Oct. 25, 2024 /PRNewswire/ -- Portland General Electric Company (NYSE: POR) today reported net income based on generally accepted accounting principles (GAAP) of $94 million, or $0.90 per diluted s ...
Navigating Earnings Season: A Tale Of Three Companies
Seeking Alpha· 2024-10-25 08:05
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General Motors: Surging Higher
Seeking Alpha· 2024-10-24 13:00
On many fronts, General Motors Company (NYSE: GM ) has reached a critical turning point in 2024. On a YTD basis, the stock has seen tremendous gains of over 49% even while the S&P 500 is currently lagging far behind (with gains ofAnalyst’s Disclosure: I/we have a beneficial long position in the shares of GM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I hav ...
GM Stock Is Crushing the Competition in 2024 – Is It Time to Buy?
MarketBeat· 2024-10-24 11:08
General Motors TodayGMGeneral Motors$52.91 -0.82 (-1.53%) 52-Week Range$26.30▼$54.19Dividend Yield0.91%P/E Ratio5.94Price Target$56.97Add to WatchlistIn a year of disappointing returns for auto companies, General Motors NYSE: GM has excelled among them. The stock has provided investors with a total return of just around 51% this year, the highest mark among automakers traded on U.S. exchanges. In fact, it's one of only three firms in the green this year. Its “Detroit 3” competitors, Ford NYSE: F and Stellan ...
Impressive Results From GM Are A Boost Of Confidence
Seeking Alpha· 2024-10-24 07:11
GM (NYSE: GM ) showed off impressive Q3 results on the 22 nd of October, and it was rightly rewarded by a 10%+ jump in its share price and its market cap – taking the share price gains to 80% over the pastI have an extensive 24-year career experience in analyzing and valuing companies. I started my career as a buy side then a sell side equity analyst, then I worked as a private equity analyst for several years then as a long-term corporate investor of both equity and debt. Since the start of my career until ...
General Motors: Inflection Point
Seeking Alpha· 2024-10-24 03:49
Shares of General Motors (NYSE: GM ) surged 10% on Tuesday after the automaker reported better than the expected results for the third fiscal quarter. For the third time this year, General Motors raised its full-year outlook in terms of EBIT Analyst's Disclosure: I/we have a beneficial long position in the shares of GM, F either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seekin ...
General Dynamics' Q3 Earnings Lag Estimates, Revenues Rise Y/Y
ZACKS· 2024-10-23 17:05
General Dynamics Corporation (GD) reported third-quarter 2024 earnings per share (EPS) of $3.35, which missed the Zacks Consensus Estimate of $3.54 by 5.4%. However, the bottom-line increased 10.2% from $3.04 per share recorded in the year-ago quarter.The year-over-year bottom-line appreciation can be attributed to sales growth as well as an improvement in operating earnings.Total Revenues of GDRevenues of $11.67 billion missed the Zacks Consensus Estimate of $11.72 billion by 0.4%. The top line however imp ...
GM Stock Hits 52-Week High on Blowout Q3: Hold or Lock Profits?
ZACKS· 2024-10-23 15:01
U.S. legacy automaker General Motors (GM) delivered stellar third-quarter results yesterday, which drove its shares to a 52-week high. The stock rose nearly 10%, marking its biggest daily percentage gain since 2020, as the company outpaced Wall Street's expectations and raised its full-year 2024 guidance for the third time this year. GM stock is currently trading above its 50 and 200-day moving averages, indicating bullishness. This technical strength reflects positive market perception and confidence in Ge ...
GM Stock Explodes on Surprise Earnings Beat
The Motley Fool· 2024-10-23 13:15
GM is outperforming rivals in internal combustion vehicles and electric vehicles.General Motors (GM 9.81%) reported phenomenal results for the third quarter of 2024, showing both strong top-line growth and higher-than-expected profitability. The stock is up 9% at 1:00 p.m. ET, and in this video, Travis Hoium tells you why there's still long-term upside for shareholders.*Stock prices used were end-of-day prices of Oct. 22, 2024. The video was published on Oct. 22, 2024. ...