ToplineConstellation Brands, the producer of Modelo and Corona, lost about $450 million in market capitalization as shares for several alcohol makers and distributors dipped on Friday after Surgeon General Vivek Murthy called for Congress to update warning labels on alcoholic beverages to include cancer risks.Drinking alcohol results in an increased risk of at least seven types of cancer, Vivek Murthy said.Copyright 2010 AP. All rights reserved. Key FactsShares of Constellation Brands dropped by more than 1 ...

ATLANTA, Jan. 03, 2025 (GLOBE NEWSWIRE) -- Gray Media, Inc. (NYSE: GTN) today announced the promotion of Alison Davis to the position of General Manager of WTOK, the ABC/CW/Telemundo affiliate in Meridian, Mississippi, effective January 6, 2025. She will retain her current position as Director of Sales for the station. Alison Davis has more than 30 years experience in media sales. After beginning her broadcast career as a local account executive in Fort Wayne, Indiana, she relocated to Indianapolis, Indian ...

Dollar General (DG -0.25%) is a business that needs a catalyst to turn things around, desperately. Over the past 12 months, it has lost more than 40% of its value. Simply opening more stores for the sake of increasing sales hasn't been paying off.The large discount retailer is facing many challenges these days. It has said in the past that its core customers are struggling, and many of those cash-strapped shoppers are turning to online retailers for cheap goods. Even if it means waiting a few weeks, shopper ...

HONG KONG, Jan. 3, 2025 /PRNewswire/ -- iClick Interactive Asia Group Limited ("iClick" or the "Company") (NASDAQ: ICLK) today announced the results of the Company's extraordinary general meeting of shareholders (the "EGM") held in Hong Kong today.At the EGM, shareholders approved, through a special resolution, the agreement and plan of merger, dated as of November 29, 2024 (the "Merger Agreement") by and among the Company, Overlord Merger Sub Ltd. ("Merger Sub") and Amber DWM Holding Limited ("Amber DWM"), ...

Zacks Rank and Earnings Estimate Revisions - General Motors upgraded to Zacks Rank 2, placing it in the top 20% of Zacks-covered stocks, indicating potential for near-term stock price increase [2][9] - Zacks Rank system effectively harnesses the power of earnings estimate revisions, which strongly correlate with near-term stock movements [8][10] - Zacks Rank 1 stocks have generated an average annual return of +25% since 1988, showcasing the system's impressive track record [13] General Motors Earnings Outlook - General Motors expected to earn $10.34 per share for fiscal year ending December 2024, a 34.6% increase from the previous year [11] - Zacks Consensus Estimate for General Motors has increased by 3.9% over the past three months, reflecting upward trend in earnings estimates [14] - Upgrade to Zacks Rank 2 reflects improving business fundamentals and positive earnings outlook for General Motors [6][15] Earnings Estimate Revisions and Stock Price Impact - Changing earnings picture is a powerful factor influencing near-term stock price movements, with earnings estimate revisions strongly correlated to stock performance [5][7] - Institutional investors use earnings estimates to calculate fair value of stocks, leading to price movements based on their large transactions [7] - Zacks rating system maintains equal proportion of 'buy' and 'sell' ratings, with only top 5% of stocks receiving 'Strong Buy' rating, ensuring unbiased recommendations [16]

The U.S. auto industry faced headwinds in 2024, with affordability emerging as a central issue amid high interest rates and elevated vehicle prices. These challenges dampened demand, leading to a 2% year-over-year decline in third-quarter new vehicle sales — the second consecutive quarterly drop. Production forecasts for North American light vehicles were adjusted downward to 15.5 million units from an earlier estimate of 15.8 million as automakers opted for strategic production cuts to manage inventory lev ...

To many, the automotive space may not seem all that exciting. Although, given the movement in electric vehicles over the past several years, perhaps that sentiment is not as true as it used to be. But I digress. Certainly, we can all agree that the automotiveCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock mod ...

Volt Carbon Technologies Announces Closing of Second Tranche of Private Placement for Gross Proceeds of C$200,000.01 and Notice of Annual General MeetingDecember 24, 2024 1:09 PM EST | Source: Volt Carbon TechnologiesCalgary, Alberta--(Newsfile Corp. - December 24, 2024) -  Volt Carbon Technologies Inc. (TSXV: VCT) (OTCQB: TORVF) ("Volt Carbon" or the "Company"), is pleased to announce that it has closed the second tranche of the private placement (the "Offering") announced on Nov 19, 2024, by ...

Besra Gold Announces Results of Annual General and Special Meetings of ShareholdersDecember 23, 2024 10:55 AM EST | Source: Besra Gold Inc.Melbourne, Victoria, Australia--(Newsfile Corp. - December 23, 2024) - Besra Gold Inc. (ASX: BEZ) (the Company or Besra) is pleased to announce the results of voting at its annual general and special meetings of shareholders held on Friday, December 20, 2024, at 12:30 pm (Sydney, Australia time) in Sydney, New South Wales, Australia (the Meeting).Matters s ...

Shares of General Motors Company GM are little changed Monday despite news that rivals Honda Motor Co., Ltd. HMC and Nissan Motor Co., Ltd. NSANY are discussing a merger. This would create the world's third-largest automaker.It is not clear how this would affect the long-term prospects of GM. But in the short term, the recent downtrend may be over. The stage may be set for a rally. This is why we have made it our Stock of the Day.Some analysts believe that markets are efficient and stocks follow a ‘random w ...