One of these two defense stocks is about to get a giant boost to sales in its most profitable division.What do Iranian drones have in common with Russian hypersonic missiles and China's DF-21D "aircraft carrier killer" rocket? All three pose a clear and present danger to U.S. forces and their allies, and all three require air defense missiles to protect against this threat.That's a problem for the U.S. and allied militaries, though, and for defense companies like Lockheed Martin (LMT -0.36%) and RTX Corpora ...

JHVEPhoto Shares of General Motors (NYSE:GM) continue to shine in 2024. The stock is higher by 36%, dividends included, while Ford (F), which I still like on valuation, is off by 2%. Meanwhile, shares of Tesla (TSLA) have been volatile on the year and are still lower by 11% year to date. Finally, Stellantis (STLA) was in the headlines 12 months ago amid labor strikes, but the domestic stock has failed to hold gains – it's down 23% in 2024. GM continues to be a darling of the sellside with a high number ...

Shares of the Detroit automaker have crushed the market this year.General Motors (GM 4.54%) has been a terrific business to have owned this year. Shares have climbed 30% in 2024 (as of Aug. 22), easily outpacing the 18% rise of the broader S&P 500 index.The Detroit carmaker is pleasing its shareholders during a time when its crosstown rival, Ford, has dropped 10%. But is GM a smart buy right now? Let's look at both the bull and bear cases for this auto stock.GM's momentumGM's business is performing well, as ...

Boarding1Now/iStock Editorial via Getty Images In July, I covered General Dynamics (NYSE:GD) and maintained my buy rating on the stock with a $316.50 price target, closely matching the Wall Street analysts' price target of $316.50. Since then, the company has reported its second quarter results, which provides a good moment to review the earnings and update the price target for General Dynamics stock and explain that despite supply chain issues, the stock remains compelling. Why Our General Dynamics Ana ...

General Motors’ (GM) self-driving unit, Cruise, is set to start offering its autonomous vehicles (AVs) on Uber Technologies, Inc.’s (UBER) platform beginning next year, in an effort to revive its robotaxi business. This multi-year partnership will give Uber riders the option to choose a ride in a Cruise AV. This partnership with Uber isn't GM’s first venture with a ride-hailing company. In early 2016, GM invested $500 million in Lyft, intending to develop a fleet of autonomous vehicles accessible via Lyft’s ...

NEW YORK, Aug. 23, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford" or the "Company"), the leading global finance and asset management firm focused on law, is pleased to announce that all of the resolutions proposed at its extraordinary general meeting (the "EGM") held on August 20, 2024 were approved by shareholders.The votes received are detailed below:Total votes for Total votes against Total votes withheld Ordinary resolutions 1.    To appoint KPMG LLP as the Company's external auditor to hold of ...

Bengal Energy Announces Filing of Information Circular - Proxy Statement for Annual General Meeting and Additional Board of Director ChangesAugust 22, 2024 11:30 PM EDT | Source: Bengal Energy Ltd.Calgary, Alberta--(Newsfile Corp. - August 22, 2024) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") announces that it has filed the information circular - proxy statement (the "Information Circular") and related meeting and proxy materials (together with the Information Circular, the "Me ...

A month has gone by since the last earnings report for General Motors (GM) . Shares have added about 0.2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is General Motors due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. General Motors Q2 Earnings Top EstimatesGeneral ...

General Motors’ AV company, Cruise, has recalled its fleet of 1,194 self-driving cars to resolve long-standing trouble with unexpected braking. Cruise has shipped software updates to those vehicles that should mitigate the braking problems, and as such, the National Highway Traffic Safety Administration has closed nearly two-year probe into the issue.The recall and the conclusion of the probe takes one worry off of Cruise’s plate at a time when the company is under great scrutiny. It is still under active f ...

Thomas Faull/iStock Unreleased via Getty Images I have been bullish on General Mills (NYSE:GIS) since early 2021 and for the most part, the stock has performed as expected. I did turn neutral in mid-2023, which coincided with the stock's large drop in the second half of the year. Then in late 2023, I once again upgraded the stock to a buy, but performance has been lacklustre since then. Year-to-date, GIS delivered a total return of slightly above 10%, which is below that of the sector as measured by the ...