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GM delays Indiana electric vehicle battery factory but finalizes joint venture deal with Samsung
TechXplore· 2024-08-28 19:26
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: People walk by Samsung SDI Co.' booth during the InterBattery 2021, the country's leading battery exhibition, at COEX in Seoul, South Korea, on June 9, 2021. Credit: AP Photo/Ahn Young-joon, File Production at an electric vehicle battery cell plant jointly run by General Motors and Samsung SDI has been delayed as EV sales have s ...
3 Reasons Why Growth Investors Shouldn't Overlook General Motors (GM)
ZACKS· 2024-08-28 17:46
Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...
GM Delays Indiana EV Battery Plant To 2027
Investopedia· 2024-08-28 13:01
KEY TAKEAWAYS General Motors is delaying the start of production at its Indiana battery plant by a year to 2027.The delay marks the latest retreat by the largest U.S. automaker on softer-than-expected electric vehicle (EV) demand. GM is teaming up with Samsung SDI to invest around $3.5 billion for a plant scheduled to start mass production in 2027, with the plant expected to employ some 1,600 people. General Motors (GM) is pushing back the start of production at its Indiana battery plant by a year to 2027, ...
Report: General Motors Hires Apple Veteran Tim Twerdahl
PYMNTS.com· 2024-08-27 23:42
General Motors (GM) has reportedly hired former Apple leader Tim Twerdahl as vice president of product management for the automaker’s software services group.Twerdahl will report to GM’s senior vice president of software and services product management, Baris Cetinok, Bloomberg reported Tuesday (Aug. 27), citing unnamed sources.General Motors did not immediately reply to PYMNTS’ request for comment.The automaker has previously added some other leaders who were with Apple in the past, according to the report ...
V2X Names Jeremy Nance to General Counsel
Prnewswire· 2024-08-27 13:00
MCLEAN, Va., Aug. 27, 2024 /PRNewswire/ -- V2X, Inc. (NYSE: VVX) has appointed Jeremy Nance as General Counsel. In this role, Nance will be responsible for managing all legal matters related to V2X's operations, transactions, and business practices. He will also join the executive team and report directly to President and Chief Executive Officer, Jeremy C. Wensinger.Nance has served on V2X's legal team since July 2018, and most recently as Vice President, Deputy General Counsel and Chief Compliance Officer ...
NANO Nuclear Energy Appoints Former Commanding General of U.S. Marine Corps Forces in the Pacific and “Top Gun” Graduate as Chair of its Executive Advisory Board for Federal and Defense Appropriations and Requirements
GlobeNewswire News Room· 2024-08-27 12:30
Appointment of Lt. General (Ret.) Terry G. Robling Expands NANO Nuclear’s Contacts with U.S. Military New York, N.Y., Aug. 27, 2024 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear”), a vertically integrated advanced nuclear energy and technology company developing portable clean energy solutions, today announced that it has appointed Lieutenant General Terry G. Robling, USMC (Ret.), as the Chair of its Executive Advisory Board for Federal and Defense Appropriations and Requirement ...
KWESST Announces Results of 2024 Annual General and Special Meeting of Shareholders
Newsfile· 2024-08-27 12:00
Ottawa, Ontario--(Newsfile Corp. - August 27, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (TSXV: KWE) (TSXV:KWE.WT.U) ("KWESST" or the "Company") today announced the results of its 2024 Annual and Special Meeting of shareholders held on Monday, August 26, 2024 in virtual format.Shareholders approved all the resolutions detailed in the management information circular of the Company dated July 16, 2024, namely:To set the number of Directors at seven;Electing all the nominees to the Board of Directors of ...
General Mills: Underrated Company, Good Long-Term Buy
Seeking Alpha· 2024-08-27 02:35
Katrina Wittkamp I’ll keep this brief: I believe General Mills, Inc. (GIS) is an underrated company with strong fundamentals. The company consistently pays substantial, growing dividends and generates billions in free cash flow (FCF) each year, showing a solid upward trend. Currently, GIS is trading at lower P/E and EV/EBITDA ratios compared to many of its peers, and it has a business model built on recession-resistant revenue streams. After all, even in tough economic times, food is one of the last thi ...
Altima Annual General Meeting Results
Newsfile· 2024-08-26 19:32
Vancouver, British Columbia--(Newsfile Corp. - August 26, 2024) - Altima Resources Ltd. (TSXV: ARH) (OTC Pink: ARSLF) (the "Company" or "Altima") is pleased to announce that Altima shareholders have approved all matters voted on at the annual general meetings of shareholders (collectively the "Meetings") for the financial years ended, 2022, 2023 and 2024 held on August 26, 2024.At the Meetings with respect to the resolution approving the re-election of the following directors of the Company:Joe DeVriesRich ...
General Mills Hopes Travis and Jason Kelce Can Be Its Lucky Charms
Investopedia· 2024-08-26 17:56
Key TakeawaysTravis and Jason Kelce are part of a push to attract football fans to General Mills products, with a new cereal — the "Kelce Mix" — landing next month.The brothers recently competed in a "cereal training camp" that will result in content for TV and the internet.General Mills is coming off a quarter of declining sales amid a challenging consumer environment. General Mills (GIS) is bringing football’s most-famous brothers to the cereal aisle. The owner of Lucky Charms, Cinnamon Toast Crunch and ...