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Here's Why General Motors (GM) Is a Great 'Buy the Bottom' Stock Now
ZACKS· 2025-02-21 15:55
A downtrend has been apparent in General Motors (GM) lately. While the stock has lost 11.7% over the past four weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.The formation of a hammer pattern is considered a technical indication of nearing a bottom with likely subsiding of selling pressure. But this is not the only factor that makes a bullish case f ...
Edmunds Approved as a Turnkey Certified Provider for General Motors IMR Funds
GlobeNewswire News Room· 2025-02-20 14:03
Santa Monica, Calif., Feb. 20, 2025 (GLOBE NEWSWIRE) -- Edmunds, a leading advertising solutions provider for dealers and automakers, today announced that its trade tools (Edmunds Trade-In Tool and Edmunds Instant Cash Offer) have been certified as In-Market Retail (IMR) Turnkey Products for General Motors[1]. This certification empowers GM dealerships across the nation to take advantage of Edmunds’ simple, fast and accurate trade tools to support lead generation and supercharge their marketing strategies — ...
General Motors Company (GM) Management presents at Barclays 42nd Annual Industrial Select Conference (Transcript)
Seeking Alpha· 2025-02-19 19:51
General Motors Company (NYSE:GM) Barclays 42nd Annual Industrial Select Conference February 19, 2025 9:15 AM ET Company Participants Paul Jacobson - Executive VP & CFO Conference Call Participants Dan Levy - Barclays Dan Levy Thank you very much, everyone, as we continue Day 1 of the Barclays Industrial Select Conference, the Autos Track. I'm Dan Levy. I lead Autos and Mobility Coverage, and very pleased to have with us GM at the conference, Paul Jacobson, the company's CFO. We're going to go through a ser ...
How General Mills' Accelerate Strategy is Shaping Long-Term Growth
ZACKS· 2025-02-19 14:20
General Mills, Inc. (GIS) has been making strong strides in its Accelerate strategy, introduced five years ago, which has enabled the company to focus on long-term, sustainable growth. The strategy has been centered around strengthening its brand portfolio, increasing innovation, building digital infrastructure and enhancing its commitment to people and the planet. These efforts have paid off in the form of financial results that meet or exceed long-term goals, reinforcing the company’s confidence in its fu ...
Notice of Marimekko Corporation's Annual General Meeting
GlobeNewswire News Room· 2025-02-19 06:40
Core Points - Marimekko Corporation's Annual General Meeting is scheduled for April 15, 2025, at 2:00 p.m. EEST in Helsinki [1] - Shareholders can vote in advance and follow the meeting online via webcast [2] Agenda Items - Attendance recording and voting list adoption [4] - Presentation of financial statements, Board of Directors' report, auditor's report, and sustainability assurance report for 2024 [4][5] - Adoption of financial statements and resolution on profit distribution, proposing a regular dividend of EUR 0.40 and an extraordinary dividend of EUR 0.25 per share, totaling approximately EUR 26.3 million [6][7] - Discharge of liability for Board members and the President and CEO for the financial year 2024 [8] - Consideration of the remuneration report for governing bodies [8][9] - Proposal for Board members' remuneration to remain unchanged from 2024, with specific amounts for Chair, Vice Chair, and other members [10][11] - Proposal to elect six members to the Board of Directors, with specific individuals nominated for re-election [13][14] - Proposal for auditor's remuneration to be paid as per invoice approved by the company, and re-election of KPMG Oy Ab as the auditor [19][20] - Proposal to amend Articles of Association to include provisions for appointing a sustainability assurance provider [23] - Authorization for the Board to acquire a maximum of 150,000 of the company's own shares, representing approximately 0.4% of total shares [26] - Authorization for the Board to issue new shares or transfer the company's own shares, not exceeding 200,000 shares, representing approximately 0.5% of total shares [27] Financial Overview - As of December 31, 2024, the parent company's distributable funds amounted to EUR 70,604,754.43, with a profit of EUR 25,011,306.84 for the financial year [6] - In 2024, Marimekko's net sales totaled EUR 183 million, with a comparable operating profit margin of 17.5% [50]
Decibel Expands General Admission Brand's International Footprint
Prnewswire· 2025-02-18 13:00
Core Viewpoint - Decibel Cannabis Company Inc. has expanded its global presence by entering into a supply and trademark license agreement with Keren Tirk Ltd. to distribute General Admission dried medical cannabis flower in Israel [1][7]. Company Overview - Decibel is a consumer-focused cannabis company committed to delivering high-quality products through innovation. It operates brands like General Admission, Qwest, and Vox, with a growing international market presence [3]. - Following the acquisition of AgMedica Biosciences in Q4 2024, Decibel has enhanced its capabilities with an EU-GMP certified facility, supporting its international distribution growth [3]. Product Launch and Market Strategy - The initial shipment of General Admission branded products to Israel is expected in Q2 2025, targeting the mainstream segment of the market [7]. - The launch of General Admission complements existing Qwest branded products and aims to capture larger volume opportunities in the mainstream product segments, moving beyond the premium price point historically targeted by Decibel [7]. Brand Positioning - General Admission has established itself as a leading cannabis brand in Canada, focusing on quality, accessibility, and innovation. The company aims to leverage its domestic success to build a globally recognized brand [2].
Notice convening the Annual General Meeting of AB Electrolux
Prnewswire· 2025-02-14 07:50
Core Points - The Annual General Meeting (AGM) of AB Electrolux is scheduled for March 26, 2025, at 4:00 p.m. CET in Stockholm, Sweden, with registration starting at 3:00 p.m. CET [1] - Shareholders can vote by postal voting prior to the AGM, and the meeting will be available via live webcast [2] - The agenda includes the election of the Board of Directors, approval of the financial statements, and resolutions regarding share programs [14][18][27] Registration and Participation - Shareholders wishing to attend the AGM must notify the company with their identification details and any proxies [3] - Proxies must provide a written and dated authorization, and legal entities must submit a registration certificate [4][11] - Postal voting requires a specific form, which can be obtained from the company's website [7][8] Agenda Highlights - Key agenda items include the election of the Chair of the AGM, approval of the voting list, and the presentation of the Annual Report [14] - The Board of Directors proposes no dividend distribution for the fiscal year 2024, with available funds carried forward [18] - The number of Directors is proposed to be nine, with no Deputies appointed [19] Board of Directors and Fees - The Nomination Committee proposes re-elections for several Directors and the election of a new member, Yannick Fierling [22][24] - Proposed fees for the Chair of the Board are SEK 2,660,000, with other Directors receiving SEK 775,000 each [23] Share Programs - The Board proposes a performance-based long-term share program for 2025, with a maximum cost estimated at MSEK 629 [35] - The program aims to include up to 800 senior managers and key employees, with performance targets based on earnings per share and CO2 reduction [33][32] - The maximum number of Performance Shares that could be allotted is limited to 6,518,000, representing approximately 2.30% of total shares [39] Share Transfers and Equity Swap - The Board seeks authorization to transfer own shares for company acquisitions and to cover costs related to the share program for 2023 [27][29] - If the majority for share transfers is not reached, the company may enter into an equity swap agreement with a third party [42] Shareholder Information - As of the announcement date, there are 283,077,393 shares in AB Electrolux, with 12,581,075 own shares held by the company [48] - Shareholders have the right to request information regarding agenda items and the company's financial situation during the AGM [49]
Top Wall Street Forecasters Revamp Portland General Electric Price Expectations Ahead Of Q4 Earnings
Benzinga· 2025-02-14 07:25
Portland General Electric Company POR will release its fourth-quarter financial results, before the opening bell, on Friday, Feb. 14, 2025.Analysts expect the Portland, Oregon-based company to report quarterly earnings at 35 cents per share, down from earnings of 67 cents per share in the year-ago period. Portland General Electric projects quarterly revenue of $663.32 million, compared to $725 million a year earlier, according to data from Benzinga Pro.On Feb. 12, the company's board of directors declared a ...
Mercury General Q4 Earnings Top on Higher Net Investment Income
ZACKS· 2025-02-13 14:15
Mercury General Corporation (MCY) reported fourth-quarter 2024 operating income of $2.78 per share, which beat the Zacks Consensus Estimate by more than four-fold. The bottom line surged more than double year over year.See the Zacks Earnings Calendar to stay ahead of market-making news.The quarterly results of MCY were aided by improved net premiums and higher average invested assets and cash. However, the upside was partly offset by wider catastrophe losses and escalating expenses.Operational Update ...
General Motors: More Headwinds Than Recovery Catalysts - Uncertainties Ahead
Seeking Alpha· 2025-02-13 14:00
Core Insights - The article emphasizes the importance of conducting personal in-depth research and due diligence before making investment decisions [3]. Company and Industry Summary - The analysis is intended solely for informational purposes and should not be considered as professional investment advice [3]. - There is a clear indication that past performance does not guarantee future results, highlighting the inherent uncertainties in investment [4].