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 ...

HOUSTON, Aug. 21, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, announces that John Symington was appointed as General Counsel of the company on August 14, 2024. Nick Bigney recently announced his departure and the two are working together through the transition period.Mr. Symington has over 20 years' experience in-house, including serving as General Counsel at Frank's International and Seadrill, complemented by 10 years in private practice ...

Beijing, China, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Kuke Music Holding Limited (“Kuke” or the “Company”) (NYSE: KUKE), a leading classical music service platform in China, today published a notice to announce that it will hold an annual general meeting (the “AGM”) of shareholders (the “AGM Notice”) at 10:30 a.m., Beijing time, on September 20, 2024 at Room 303, Beijing Broadcasting Tower, No. Jia 14, Jianwaidajie, Chaoyang District, Beijing, People’s Republic of China (or after the Class B Meeting, as defined ...

DNY59/iStock via Getty Images Following Legal & General Group Plc Capital Market Day (OTCPK:LGGNF)(OTCPK:LGGNY), released in mid-June, we are back to comment on the H1 results today. As a reminder, UK companies typically report their financial results twice a year, following a practice known as interim reporting. Inter and final results are crucial for stakeholders as they provide insight into the company's financial health and operational performance. For this reason, it is essential to report the latest e ...

Layoffs signal that a company is changing strategies, pulling back … maybe the market demand is not there that had been anticipated.In the wake of General Motors’ latest corporate actions, is it fair to say that the road ahead for connected cars — and by extension, connected car commerce — may be bumpy?Given the spate of partnerships, the emergence of artificial intelligence (AI), the apps and the voice assistants, the road ahead is long and winding. As widely reported this week, General Motors laid off ove ...

In this articleGM2024 Sierra EV Denali Edition 1Source: General MotorsMILFORD, Mich. — General Motors' premium GMC brand wants to become the leader in all-electric truck sales for U.S. consumers as it launches its new electric Sierra pickup.The Sierra EV joins electric versions of the Hummer, including an SUV and pickup, in GMC's electric "truck" lineup. The automaker is expecting the Sierra will become GMC's top seller for its EV lineup as lower-priced variants become available next year. A roughly $100,00 ...

About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...

General Motors said Monday it is laying off more than 1,000 salaried employees at its software and service units worldwide.GM, confirming the layoffs initially reported by CNBC, said in a statement that “as we build GM’s future, we must simplify for speed and excellence, make bold choices, and prioritize the investments that will have the greatest impact.”CNBC said the job cuts include roughly 600 jobs at GM’s tech campus near Detroit. GM, which said about half of the cuts are in the United States, said the ...

General Motors is laying off staff in the company's software and services division. The layoffs affect 600 employees in Warren, Michigan, where GM has its Global Technical Center. The automaker didn't specify the overall number affected by the cuts. CNBC reported on Monday that the layoffs will impact a total of more than 1,000 workers within the automaker’s software and services unit. They are global in nature.GM said the company "must simplify for speed and excellence, make bold choices, and prioritize th ...

General Motors is cutting around 1,000 software workers around the world in a bid to focus on more “high-priority” initiatives like improving its Super Cruise driver assistance system, the quality of its infotainment platform and exploring the use of AI.The job cuts are not about cost cutting or individual performance, GM spokesperson Stuart Fowle told TechCrunch. Rather, they are meant to help the company move more quickly as it tries to compete in the world of “software-defined vehicles.” For example, F ...