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Fireweed Announces Results from Annual General and Special Meeting of Shareholders
GlobeNewswire News Room· 2025-04-24 22:00
Core Points - Fireweed Metals Corp. held its annual general and special meeting of shareholders on April 23, 2025, in Vancouver, BC, where all matters submitted for approval were approved by the requisite majority of votes cast [1][2] - A total of 89,433,316 common shares, representing 49.12% of the votes attached to all outstanding shares, were represented at the meeting [2] - The nominees for directors were elected with high approval rates, with James Beck receiving 99.99% of votes for his position [2] - The company granted a total of 798,000 stock options to certain employees and directors, exercisable at a price of $1.85 per share for a five-year term [3] - Fireweed is focused on exploring a new critical metals district in Northern Canada, owning the Macpass District, which includes the Macpass zinc-lead-silver project and the Mactung tungsten project [4] Company Information - Fireweed Metals Corp. trades on the TSX Venture Exchange in Canada (TSXV: FWZ) and on the OTCQX Venture Market in the USA (OTCQX: FWEDF) [5] - The company is part of the Lundin Group and is positioned to create meaningful value in the critical metals sector [4]
General Motors (GM) Q1 Earnings Preview: What You Should Know Beyond the Headline Estimates
ZACKS· 2025-04-24 14:20
In its upcoming report, General Motors (GM) is predicted by Wall Street analysts to post quarterly earnings of $2.66 per share, reflecting an increase of 1.5% compared to the same period last year. Revenues are forecasted to be $42.37 billion, representing a year-over-year decrease of 1.5%. Over the last 30 days, there has been a downward revision of 1.8% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their ini ...
GM CEO on Tariffs and GM's EV Future
PYMNTS.com· 2025-04-23 22:18
Group 1: Tariffs and Government Relations - General Motors (GM) is engaged in "very productive" conversations with the Trump administration regarding the new 25% automotive tariffs, with CEO Mary Barra stating alignment with the administration's goals for a strong U.S. auto industry [2][3] - Barra emphasized that the administration's intent is not to harm U.S. automakers, and GM is focused on helping the administration understand the complexities of the automotive industry's investment cycles and supply chain [3][4] - The company seeks "clarity" and "consistency" in public policies to aid decision-making, given the five- to six-year development cycle for new vehicles [5] Group 2: Electric Vehicles (EVs) and Infrastructure - Barra remains optimistic about the future of electric vehicles (EVs), believing that consumers will eventually prefer them over gas-powered vehicles, contingent on improved charging infrastructure [6][8] - GM is investing in charging infrastructure through partnerships, including one with Pilot Flying J for charging stations along highways and a deal with Tesla for access to its Supercharger Network [8] - Current barriers to EV adoption include price and the insufficient number of chargers, with many EV owners still relying on gasoline vehicles for longer trips due to "charge anxiety" [7] Group 3: Autonomous Vehicles (AVs) Strategy - GM is shifting its focus from robotaxis to personal autonomy, prioritizing safety in its autonomous vehicle strategy [10] - The company has absorbed its Cruise robotaxi business and is now concentrating on enhancing its Super Cruise system, which allows for driver assistance [11] - Barra noted that 85% of drivers who have experienced Super Cruise would prefer it in their next vehicle, indicating strong consumer interest in advanced driver assistance technologies [11] Group 4: Talent Acquisition and Industry Competition - GM is actively recruiting top talent from technology companies to lead its EV transformation, recognizing the competitive and rapidly evolving nature of the industry [9] - Barra acknowledged the competitiveness of Chinese automakers, emphasizing the need for fair trade practices to ensure a level playing field [5][6]
General Mills faces tough year ahead, UBS warns in initial coverage
Proactiveinvestors NA· 2025-04-23 16:47
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company has a team of experienced news journalists who produce independent content across various financial markets [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The content includes insights into sectors such as biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance its content creation and workflow processes [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all published content is edited and authored by humans [5]
General Dynamics' Q1 Earnings Beat Estimates, Revenues Rise Y/Y
ZACKS· 2025-04-23 16:00
Core Insights - General Dynamics Corporation (GD) reported first-quarter 2025 earnings per share (EPS) of $3.66, exceeding the Zacks Consensus Estimate of $3.47 by 5.5% and reflecting a 27.1% increase from $2.88 in the same quarter last year [1] - Total revenues reached $12.22 billion, surpassing the Zacks Consensus Estimate of $11.95 billion by 2.3% and showing a year-over-year improvement of 13.9% [2] Segment Performance - Aerospace segment revenues were $3.03 billion, up 45.2% year over year, with operating earnings improving 69.4% to $432 million [3] - Marine Systems revenues rose 7.7% to $3.59 billion, with operating earnings increasing 7.8% to $250 million [3] - Technologies segment revenues improved 6.8% to $3.43 billion, with operating earnings totaling $328 million, an 11.2% year-over-year increase [3] - Combat Systems revenues were $2.18 billion, up 3.5% from the previous year, with operating earnings improving 3.2% to $291 million [4] Operational Highlights - Operating earnings totaled $1.27 billion, a 22.4% increase from $1.04 billion in the prior year [5] - Operating costs and expenses increased 13% year over year to $10.96 billion [5] - Interest expenses rose 8.5% year over year to $89 million [5] Backlog and Financial Condition - Total backlog was $88.66 billion, down from $90.60 billion in the fourth quarter of 2024, with a funded backlog of $74.93 billion [6] - Cash and cash equivalents as of March 30, 2025, totaled $1.24 billion, down from $1.70 billion at the end of 2024 [7] - Long-term debt remained stable at $7.26 billion [7] - Cash used by operating activities in the first three months of 2025 was $148 million, compared to $278 million in the same period last year [7] Zacks Rank - General Dynamics currently holds a Zacks Rank 3 (Hold) [8]
Resolutions passed by Vopak's Annual General Meeting
GlobeNewswire News Room· 2025-04-23 10:29
Company Overview - Koninklijke Vopak N.V. (Royal Vopak) provides storage and infrastructure solutions for essential products, including liquids and gases for energy, chemicals for manufacturing, and edible oils for cooking [1] - The company has been a leader in fundamental transformations for over 400 years, focusing on safety, reliability, and efficiency [1] - Vopak is actively supporting the energy transition by developing infrastructure solutions for hydrogen, ammonia, CO₂, battery energy storage, and low-carbon fuels [1] Annual General Meeting Resolutions - The AGM held on 23 April 2025 approved the implementation of the remuneration policy for the 2024 financial year [2] - Financial statements for the 2024 financial year were adopted, and a dividend of EUR 1.60 per ordinary share will be distributed in cash on 2 May 2025 [2] - The Executive Board and Supervisory Board members were discharged from liability for their conduct and supervision during the 2024 financial year [2] - Mr. R.M. Hookway was re-appointed to the Supervisory Board for a term of 4 years [2] - Amendments to the Articles of Association of Royal Vopak were approved [2] - The Executive Board was authorized to acquire fully paid-up ordinary shares for a period of 18 months, subject to Supervisory Board approval [2] - PricewaterhouseCoopers Accountants N.V. was appointed as the external auditor for the financial statements and sustainability reporting for the 2026 financial year [2] - Approval was given to cancel the ordinary shares acquired by the company [2]
Suncor Energy to Release First Quarter 2025 Financial Results and Hold Annual General Meeting
Newsfile· 2025-04-22 21:00
Suncor Energy to Release First Quarter 2025 Financial Results and Hold Annual General MeetingApril 22, 2025 5:00 PM EDT | Source: Suncor Energy Inc.Calgary, Alberta--(Newsfile Corp. - April 22, 2025) - Suncor Energy (TSX: SU) (NYSE: SU) will release its first quarter financial results on May 6, 2025 before 5:00 p.m. MT (7:00 p.m. ET).A webcast to review the first quarter will be held on May 7, 2025 at 7:30 a.m. MT (9:30 a.m. ET). Representing management will be Rich Kruger, President and Chief ...
Why General Motors (GM) is Poised to Beat Earnings Estimates Again
ZACKS· 2025-04-22 17:15
Core Insights - General Motors (GM) has a strong track record of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 11.33% [1][5] - The company reported earnings of $1.92 per share for the most recent quarter, surpassing the expected $1.85 per share by 3.78% [2] - In the previous quarter, GM's earnings were $2.96 per share against an expectation of $2.49 per share, resulting in a surprise of 18.88% [2] Earnings Estimates and Predictions - There has been a favorable shift in earnings estimates for General Motors, indicated by a positive Earnings ESP (Expected Surprise Prediction) of +6.34% [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [6][8] - The next earnings report for General Motors is anticipated to be released on April 29, 2025 [8]
Stocks Of The Day: Will Dollar Tree, Dollar General Breakout?
Benzinga· 2025-04-22 17:11
Dollar Tree, Inc. DLTR and Dollar General Corp. DG shares may be breaking out. This action suggests a continued move higher.This is why our technical analysis team has picked them as our Stocks of the Day.Stocks trend higher due to an imbalance in supply and demand. If there are more shares to be bought than for sale, buyers need to outbid each other. They know sellers will go to whoever wants to pay the highest price. This action forces the shares into an uptrend.At resistance levels, there are as many or ...
General Motors (GM) Earnings Expected to Grow: Should You Buy?
ZACKS· 2025-04-22 15:06
Core Viewpoint - General Motors (GM) is anticipated to report a year-over-year increase in earnings despite a decline in revenues for the quarter ending March 2025, with the actual results being crucial for the stock's near-term price movement [1][2]. Earnings Expectations - The earnings report is scheduled for release on April 29, 2025, and could positively influence the stock if the results exceed expectations; conversely, missing estimates may lead to a decline [2]. - The consensus estimate for GM's quarterly earnings is $2.64 per share, reflecting a year-over-year increase of 0.8%, while revenues are projected at $42.37 billion, a decrease of 1.5% from the previous year [3]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 1.83%, indicating a reassessment by analysts regarding GM's earnings prospects [4]. - The Zacks Earnings ESP (Expected Surprise Prediction) model suggests that recent estimate revisions provide insights into the company's business conditions leading up to the earnings release [5][6]. Earnings Surprise Potential - GM's Most Accurate Estimate is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +6.34%, indicating a likelihood of beating the consensus EPS estimate [10][11]. - Historically, GM has successfully beaten consensus EPS estimates in the last four quarters, with a notable surprise of +3.78% in the most recent quarter [12][13]. Conclusion - While GM is positioned as a strong candidate for an earnings beat, other factors should also be considered when evaluating the stock ahead of the earnings release [16].