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Retired U.S. Army General Edward M. Daly Appointed to Olin's Board of Directors
Prnewswire· 2025-03-06 11:30
Core Insights - Olin Corporation appointed General Edward Daly as a new director on its Board effective March 5, 2025, and he will serve on the Compensation Committee [1] - General Daly has over 36 years of military experience, with his last role as the 20th Commanding General of the U.S. Army Materiel Command, overseeing a budget exceeding $50 billion [2] - Since retiring, General Daly founded Virtus 9, focusing on U.S. national security, and serves as President of Daly Consulting & Logistics, along with advisory roles in other companies [3] Company Overview - Olin Corporation is a leading vertically integrated global manufacturer and distributor of chemical products and a major U.S. manufacturer of ammunition [5] - The chemical products produced by Olin include chlorine, caustic soda, vinyls, epoxies, chlorinated organics, bleach, hydrogen, and hydrochloric acid [5] - Winchester, a subsidiary of Olin, manufactures and distributes various types of ammunition, including sporting, law enforcement, and military ammunition [5]
General Motors (GM) Moves 7.2% Higher: Will This Strength Last?
ZACKS· 2025-03-06 09:46
General Motors (GM) shares ended the last trading session 7.2% higher at $48.48. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 6.9% loss over the past four weeks.General Motors shares have gained following the Trump administration's decision to postpone tariffs on automakers for one month, provided their vehicles meet the United States-Mexico-Canada Agreement requirements. This development is particularly benefic ...
Why General Dynamics Stock Flew Almost 5% Higher Today
The Motley Fool· 2025-03-05 23:42
Core Points - General Dynamics announced a quarterly dividend of $1.50 per share, a nearly 6% increase from the previous $1.42 per share [2] - This marks the 28th consecutive year of dividend increases for General Dynamics, with the payout growing from $1.10 per quarter since the start of 2020 [3] - The stock closed nearly 5% higher following the dividend announcement, while the S&P 500 index rose by 1.4% [1] Financial Performance - General Dynamics reported its fourth-quarter and full-year 2024 figures at the end of January, beating expectations on revenue and profitability [5] - Despite the overall positive results, certain business units, particularly the Gulfstream aircraft division, reported sales figures below analysts' estimates, leading to some market disappointment [4][5] - The stock performance has stabilized, being approximately even year to date despite the earlier sell-off [5]
Iveco Group publishes its 2024 Annual Report and calls the Annual General Meeting
GlobeNewswire News Room· 2025-03-05 18:45
Core Points - Iveco Group N.V. filed its 2024 Annual Report with the Netherlands Authority for the Financial Markets, which includes a Sustainability Statement [1] - The Annual Report will be discussed at the Shareholders' Annual General Meeting scheduled for 16th April 2025, which includes a proposal for a cash dividend of €0.33 per outstanding common share [2][3] - The common shares will be quoted ex-dividend on 22nd April 2025, with the record date on 23rd April 2025 and payment on 24th April 2025 [3] - The 2024 Annual Report includes a reclassification of the post-tax loss on the disposal of the Fire Fighting business, impacting the Profit/(loss) from Discontinued Operations but not the total reported Net Income [4] - Iveco Group operates under seven brands, employing 36,000 people globally, with 19 industrial sites and 31 R&D centres [5]
General Motors: Inventory Doesn't Lie And Says Buy
Seeking Alpha· 2025-03-04 15:12
My last analysis on General Motors Company (NYSE: GM ) was published back in 2023. More specifically, in Nov 2023, I published an article on GM entitled “General Motors: $10B Share Repurchase Program As you can tell, our core style is to provide actionable and unambiguous ideas from our independent research. If your share this investment style, check out Envision Early Retirement. It provides at least 1x in-depth articles per week on such ideas.We have helped our members not only to beat S&P 500 but also av ...
Metasphere Labs Announces Upcoming Annual General & Special Meeting
Thenewswire· 2025-03-03 23:05
Vancouver, British Columbia – March 3, 2025 - TheNewswire – Metasphere Labs Inc. (“Metasphere” or the “Company”) (CSE: LABZ ) (OTC: LABZF) (FRA: H1N) , a leader in blockchain, metaverse, and decentralized identity technology, announces that it will hold its annual general and special meeting (the “AGSM”) on April 2, 2025.At the AGSM, in addition to normal course of business items, the Company intends to seek shareholder approval for a proposed share consolidation of its issued and outstanding common shares ...
Arthur J. Gallagher & Co. Acquires RMA General Limited
Prnewswire· 2025-03-03 22:00
ROLLING MEADOWS, Ill., March 3, 2025 /PRNewswire/ -- Arthur J. Gallagher & Co. today announced the acquisition of New Zealand-based RMA General Limited (RMA) and its associated insurance broking businesses. Terms of the transaction were not disclosed.RMA provides commercial and personal insurance products as well as tailored life and health solutions to clients throughout New Zealand. Josh Adams and his team will operate under the direction of Carl O'Shea, head of Gallagher's New Zealand retail brokerage op ...
PTX Metals Receives Conditional Approval to List on the TSX Venture Exchange and Announces Annual General and Special Meeting Results
Newsfile· 2025-03-03 20:29
Core Points - PTX Metals Inc. has received conditional approval from the TSX Venture Exchange for the listing of its common shares as a Tier 2 Mining Issuer, pending the fulfillment of certain conditions [1] - The company plans to voluntarily delist its common shares from the Canadian Securities Exchange, with the delisting expected to take effect once trading begins on the TSXV [2] - The CEO of PTX stated that the move to TSXV aligns with the company's long-term growth strategy and will facilitate further investment from institutional and international stakeholders [3] Annual General and Special Meeting Results - At the annual general and special meeting held on February 25, 2025, shareholders re-elected all members of the board of directors and re-appointed Baker Tilly WM LLP as the auditor [4] - Shareholders approved the adoption of an omnibus long-term incentive plan, which replaces the previous stock option plan and allows for a broader range of incentives to be granted [5] - Voting results showed unanimous support for the appointment of auditors and board members, with 100% approval for most motions, and 99.96% approval for the Omnibus Long-Term Incentive Plan [6][7] Company Overview - PTX Metals Inc. is focused on high-quality critical minerals projects, including two flagship projects in northern Ontario, a region known for its mineral resources [8] - The company's portfolio includes valuable metals such as gold, copper, nickel, PGE, uranium, and rare metals, strategically acquired for their geological advantages [9] - PTX is based in Toronto, Canada, and is listed on multiple exchanges, including the CSE, Frankfurt, and OTCQB [10]
Helix BioPharma Corp. receives approval for the Extension of Annual General and Special Meeting to Seek Approval of Asset Acquisitions and Proposed Financing
Thenewswire· 2025-03-03 17:15
Core Viewpoint - Helix BioPharma Corp. is extending its Annual General and Special Meeting to March 26, 2025, to secure shareholder approval for proposed asset acquisitions and financing arrangements [1][2]. Group 1: Meeting Details - The Annual General and Special Meeting has been rescheduled to March 26, 2025, to allow more time for shareholder approval regarding asset acquisitions from Laevoroc Immunology AG and Laevoroc Chemotherapy AG [1]. - The Ontario Superior Court of Justice approved the application to hold the Meeting by the new date on February 26, 2025 [2]. - Meeting materials, including the Notice of Meeting and Voting Instruction Form, were mailed to shareholders and posted on SEDAR+ on February 24, 2025 [3]. Group 2: Shareholder Participation - Shareholders of record as of January 31, 2025, are eligible to vote at the Meeting and are encouraged to vote in advance [4]. - Proxies must be received by 10 a.m. (EST) on March 24, 2025, to be counted [4]. Group 3: Company Overview - Helix BioPharma Corp. is focused on developing novel therapies for hard-to-treat cancers, with a pipeline that includes a proprietary technology platform targeting CEACAM6-expressing solid tumors [6]. - The lead candidate, Tumour Defence BreakerTM L-DOS47, is an antibody-enzyme conjugate that aims to enhance anti-cancer immunity and has completed Phase Ib studies in non-small cell lung cancer [6][7].
General Dynamics' Arm Wins a Contract to Aid Virginia Class Submarines
ZACKS· 2025-03-03 15:12
Core Viewpoint - General Dynamics Corporation's Electric Boat unit has secured a $35 million modification contract for Virginia Class submarines, expected to be completed by December 2027, which reflects the growing demand for advanced military systems globally [1][2][3]. Group 1: Contract Details - The contract involves providing lead yard support, conducting development studies, and assisting with design efforts related to Virginia-class submarines [2]. - The work will be executed in the continental United States [2]. Group 2: Market Dynamics - Global defense spending is increasing, particularly in advanced military systems like submarines, benefiting General Dynamics as a key manufacturer [3]. - Virginia Class submarines are designed for modern missions, enhancing their demand due to their stealth capabilities and compatibility with other military systems [4]. Group 3: Growth Prospects - Rising military conflicts and national security concerns are driving investments in submarine fleets, with a forecasted compound annual growth rate of 7.6% for the global submarine market from 2025 to 2030 [5][6]. - General Dynamics' Electric Boat division is responsible for the design and engineering of Columbia-class ballistic missiles and Virginia-class attack submarines, positioning the company favorably in the market [6]. Group 4: Competitor Insights - Other defense companies like Huntington Ingalls Industries, BAE Systems, and Northrop Grumman are also positioned to benefit from the expanding submarine market, with respective long-term earnings growth rates of 11.1%, 10%, and 4.2% [7][8][9][10]. Group 5: Stock Performance - General Dynamics' stock has seen a decline of 1.9% over the past month, compared to a 0.5% decline in the industry [11].