Core Viewpoint - Tonner Drones is convening a shareholders' general meeting on October 21, 2024, to vote on important resolutions, including a mandate to expand its strategy following a successful restructuring and refinancing process [1][2]. Group 1: Mandate Strategy - Shareholders will vote on a mandate to implement a new strategy and amend the articles of association, aimed at helping other listed companies escape challenging financing structures [2]. - The company has completed a restructuring process, settling various financing contracts and terminating all equity-lines, positioning itself to advise other companies and consider direct investments [2]. Group 2: Board Changes - Proposed new board members Olaf Graeff and David Cloetingh will be voted on during the GM; both have extensive experience as independent investors [3]. - The departure of Chairman Jean Francois Ott and CEO Brad Taylor is part of the company's efforts to reduce debt and costs, with measures subject to shareholder approval [4]. Group 3: Future Outlook - The new management believes the reduced cost structure and investment strategy will facilitate profitability, targeting to achieve this for the first time in 2025 [5]. - The company is awaiting the finalization of semi-annual results, which will reflect high restructuring costs and asset write-downs [5]. Group 4: Company Overview - Tonner Drones, formerly Delta Drone, develops technologies for the logistics sector and holds stakes in promising French drone manufacturers [6]. - The company aims to leverage its shareholdings through active asset management and partnerships with private equity funds, while retaining R&D in France [6].

Tonner Drones Convenes GM and Expands Strategy Cannes, 18 September 2024 18:00, Tonner Drones (the “Company”) is pleased to announce that it is convening a shareholders’ general meeting to be held on October 21th (the “GM”) so that shareholders can vote on several important resolutions including the mandate to expand its strategy. Mandate Strategy During the GM, shareholders will be asked to vote on a mandate to implement a new strategy and amend the articles of association accordingly. The Company has su ...

Key TakeawaysGeneral Mills saw sales and profits drop from the same time last year as lower prices and higher costs weighed on the breakfast and snack food maker's margins.The company affirmed its outlook for the full fiscal year, noting that customers face a "uncertain macroeconomic backdrop."Last week, the company announced plans to sell its U.S. and Canadian yogurt businesses including brands like Yoplait to a pair of French dairy companies. General Mills (GIS) reported sales and profits dropped in its f ...

VANCOUVER, BC, Sept. 17, 2024 /PRNewswire/ - September 18, 2024 – Sydney, AustraliaPatriot Battery Metals Inc. (the "Company" or "Patriot") (TSX: PMET) (ASX: PMT) (OTCQX: PMETF) (FSE: R9GA) is pleased to announce results of voting at its Annual General Shareholder Meeting held on Tuesday, September 17, 2024, at 4pm (Eastern Time) in Montreal, Quebec, Canada (the "Meeting").All matters submitted to shareholders for approval as set out in the Company's Notice of Annual General Meeting of Shareholders and Info ...

The most recent trading session ended with General Motors (GM) standing at $47.52, reflecting a +1.39% shift from the previouse trading day's closing. The stock exceeded the S&P 500, which registered a gain of 0.03% for the day. Meanwhile, the Dow experienced a drop of 0.04%, and the technology-dominated Nasdaq saw an increase of 0.2%.The an automotive manufacturer's stock has climbed by 2.43% in the past month, exceeding the Auto-Tires-Trucks sector's gain of 1.96% and the S&P 500's gain of 1.54%.The inves ...

NEW YORK, Sept. 17, 2024 /PRNewswire/ --The Board of Directors of Sivers Semiconductors AB (publ) ("Sivers Semiconductors" or the "Company") (Nasdaq Stockholm: SIVE) has resolved, subject to approval by the Extraordinary General Meeting on 11 October 2024, to carry out a directed new share issue of 1,524,584 ordinary shares corresponding to approximately 6.9 million SEK to the Company's CEO Vickram Vathulya (the "Directed Issue"). The Board of Directors has also proposed that the Extraordinary General Meeti ...

PSEG Deputy General Counsel and Chief Litigation Counsel Grace Park Appointed as Executive Vice President and General Counsel to Succeed LindeNEWARK, N.J., Sept. 17, 2024 /PRNewswire/ -- As part of a planned succession process, PSEG announces that Executive Vice President and General Counsel Tamara L. Linde plans to retire from PSEG effective March 14, 2025. PSEG Deputy General Counsel and Chief Litigation Counsel Grace Park has been appointed Executive Vice President and General Counsel, effective Septembe ...

Dollar General’s second-quarter results show the impact of inflation on its primary customer base, and the retailer is doubling-down on in-store experiences to attract shoppers.CEO Todd Vasos acknowledged that the company’s performance fell short of expectations, attributing it to rising prices and tightened consumer budgets, which have altered spending behaviors.Despite a slight uptick in store traffic, the company has experienced a decline in average spending, highlighting the strain both on the retailer ...

ABILENE, Texas, Sept. 16, 2024 /PRNewswire/ -- First Financial Bankshares, Inc. (NASDAQ: FFIN) (the "Company," "First Financial Bankshares," "we", "us" or "our") has announced the election of Brian D. Goodrich as Executive Vice President and General Counsel.Mr. Brian Goodrich"We are delighted to welcome Brian to Abilene and to the Company's executive management team as the first General Counsel for First Financial Bankshares," said F. Scott Dueser, Chairman, President, and CEO.  "Brian's vast banking, legal ...

General Dynamics Corporation’s (GD) subsidiary, General Dynamics NASSCO, has secured a major contract with the U.S. Navy to construct up to eight additional John Lewis-class fleet replenishment oilers (T-AO 214 through 221). The contract for the first ship in this new deal is valued at $780 million. The total contract value of manufacturing all eight ships will likely be more than $6.7 billion.GD’s John Lewis-class OilersThe John Lewis-class fleet replenishment oilers play an important role in the U.S. Navy ...