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Nomination Committee for the ASSA ABLOY 2025 Annual General Meeting
Prnewswire· 2024-10-11 14:44
STOCKHOLM, Oct. 11, 2024 /PRNewswire/ -- The following representatives of ASSA ABLOY AB's shareholders will be members of the Nomination Committee for the 2025 Annual General Meeting:- Johan Menckel, Investment AB Latour, Chairman of the Nomination Committee- Mikael Ekdahl, Melker Schörling AB- Marianne Nilsson, Swedbank Robur Fonder- Yvonne Sörberg, Handelsbanken Fonder- Carina Silberg, AlectaThe Chairman of the Board, Johan Hjertonsson, has been co-opted to the Nomination Committee.The Nomination Committe ...
This General Dynamics Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday
Benzinga· 2024-10-11 13:27
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying GD stock? Here’s what analysts think: Read More: ...
General Dynamics Wins a $378M Deal to Aid Virginia Class Submarine Program
ZACKS· 2024-10-10 15:11
General Dynamics Corp.’s (GD) business unit, Electric Boat, recently clinched a modification contract to support the Virginia Class submarine program. The award has been offered by the Naval Sea Systems Command, Washington, D.C.Details of the DealValued at $376.8 million, the contract is expected to be completed by October 2025. Per the terms of the deal, General Dynamics will provide lead yard support, conduct development studies and design efforts related to Virginia Class submarines.Most work related to ...
Dynasty Gold Announces 2024 Annual General Meeting Results and Provides Thundercloud Drilling Update
Newsfile· 2024-10-10 14:00
Dynasty Gold Announces 2024 Annual General Meeting Results and Provides Thundercloud Drilling UpdateOctober 10, 2024 10:00 AM EDT | Source: Dynasty Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - October 10, 2024) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) ("Dynasty" or the "Company") is pleased to report the results from its 2024 annual general meeting held on Friday, Oct. 4, 2024. Total vote counts represent more than 42% of total issued and outstanding shares. A ...
Braxia Scientific Announces Voting Results from the Annual General and Special Meeting of Shareholders
Newsfile· 2024-10-10 11:23
Braxia Scientific Announces Voting Results from the Annual General and Special Meeting of ShareholdersSale of Company's Assets ApprovedOctober 10, 2024 7:23 AM EDT | Source: Braxia Scientific Corp.Toronto, Ontario--(Newsfile Corp. - October 10, 2024) - Braxia Scientific Corp. (CSE: BRAX) (OTC Pink: BRAXF) (FSE: 4960) ("Braxia", or the "Company"), is pleased to announce the voting results from its Annual General and Special Meeting of Shareholders held on Wednesday, October 9, 2024. A total of ...
Stock Of The Day: Market Memory Keeps GM Under Key Levels As 2025 Silverado EV Set To Launch
Benzinga· 2024-10-09 20:31
General Motors GM is set to launch its 2025 Chevrolet Silverado EV, offering options at different price points. This strategic pricing reflects how markets have a memory, with key price levels often maintaining their influence for weeks, months, or even years, affecting both stock movements and investor sentiment.This dynamic can be seen on General Motors’ chart, which is why it’s our Stock of the Day.In August 2021, the $49 level supported the stock. Four years later, the market “remembers” that it’s impor ...
General Motors Shows Interest To Hybrid Again
GuruFocus· 2024-10-09 16:47
Maybe we're not ready to shift to fully electric vehicles. It is reported that Ford Motor (F, Financial) had lost billions of dollars with their EV (electric vehicles) production and General Motors (GM, Financial) announced a renewed interest in hybrids as their EVs don't sell as they researched earlier. GM has experienced difficulties with their EV sales and has decided to give up on their “Ultium” EV batteries brand. They also reduced inventories in China and restructured their EV arm. But Mary Barra, the ...
General Motors' Silverado EV Work Truck Model Now Starts at $57K
ZACKS· 2024-10-09 15:39
General Motors Company’s (GM) automobile division, Chevy, revealed that the 2025 Silverado EV will feature lower prices, increased driving range and new trim options. The starting price for the all-electric truck is $57,095 for the Work Truck (WT) model, with the LT trim being introduced for the first time. The Max Range version of WT will offer 492 miles of EPA range for $77,795. GM’s rival, Ford, also offers the F-150 Lightning Pro, a simpler version of its F-150 Lightning electric truck, starting at $54, ...
General Motors expects steady earnings in 2025 as it eyes improved EV earnings
Proactiveinvestors NA· 2024-10-09 15:07
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Here's what investors need to know after GM's capital markets day
CNBC· 2024-10-09 14:51
Core Viewpoint - General Motors (GM) held an investor day focusing on operational updates and strategies to differentiate itself in a challenging market, but the event did not significantly impact its stock price [1][3]. Financial Performance and Projections - GM expects its 2025 adjusted earnings to be in a "similar range" to 2024, with targeted adjusted earnings before interest and taxes for 2024 between $13 billion and $15 billion, or $9.50 to $10.50 per share, an increase from previous guidance [5]. - For the first half of 2024, GM reported $8.3 billion in EBIT-adjusted earnings and $6.4 billion in adjusted automotive free cash flow [6]. - GM anticipates narrower losses for electric vehicles in 2025, projecting a decline of $2 billion to $4 billion in losses, aided by increased production volume and reduced costs [7]. Electric Vehicle Strategy - GM plans to produce and wholesale about 200,000 EVs in North America in 2024, achieving profitability on a contribution-margin basis by the end of 2023, a reduction from earlier targets [7]. - The company will discontinue the "Ultium" branding for its electric vehicle batteries, opting for a multifaceted approach to battery technologies [8]. Internal Combustion Engine (ICE) Outlook - GM expects continued growth in sales and profits from traditional ICE vehicles, with a focus on cost-cutting measures [9]. Shareholder Returns - GM plans to remain active in share buybacks, targeting to reduce outstanding shares to below 1 billion by early 2025, having returned approximately $20 billion to shareholders through buybacks and dividends from 2022 to the end of 2024 [10]. Challenges and Market Position - Wall Street analysts expressed disappointment with GM's updates on its Cruise autonomous vehicle unit and operations in China, where earnings have been declining [11]. - GM's CEO indicated a potential turnaround in China with reduced dealer inventory and modest sales improvements expected [11]. Additional Notes - GM is working on definitive agreements with Hyundai following a non-binding memorandum of understanding [12]. - The next-generation Chevrolet Bolt EV is expected to be priced slightly higher than the 2023 model, which started at $28,795 [12].