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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].
纯电增速放缓后,插混和增程会在北美成为主流吗
汽车商业评论· 2025-03-02 14:44
该报告还指出,公共充电设施持续存在的问题阻碍了电动汽车更广泛的普及。从长远来看, J.D.Power预测到2030年电动汽车市场将占零售市场的26%,约为前总统乔·拜登(Joe Biden)50%目 标的半数。然而,国际能源署等机构预测显示,到2030年,电动汽车将占美国汽车销量的50%。 撰 文 / 戈 戈 设 计 / 琚 佳 随着大多数市场中纯电动汽车销量增长放缓,汽车行业正在权衡新的方法以加快电动化的发展势 头。除了插电式混合动力电动汽车(PHEV)之外,增程式电动汽车(EREV)作为一种潜在的解 决方案重新受到关注,以缓解现有燃油车、混合动力车和电动汽车车主对续航里程焦虑和成本方面 的担忧。 2024年,美国轻型车市场同比增长2.2%,达到1590万辆,销量增长的主力来自于混动车型,同比增 长了36.7%。 其中,插混汽车的销量同比增长了35.4万辆,达到144万辆,占当年汽车市场的11%,比上一年增长 了2.4个百分点。 据 J.D. Power发布的最新预测,由于关税和激励措施的不确定性,电动汽车在美国零售市场的份额 将与去年持平,2025年将达到9.1%,120万辆。 美国总统特朗普(Donal ...
Portland General Electric: Small-Cap Dividend Gem
Seeking Alpha· 2025-03-01 10:55
Group 1 - The article suggests that small-cap Portland General Electric (POR) may represent a valuable investment opportunity, described as a "find" discovered by chance [1] Group 2 - The investment strategy focuses on individual investors who prefer a limited number of diversified stocks, seeking those that are undervalued and favoring dividend growth or income [2] - The analysis emphasizes the importance of fundamental investment analysis, supplemented by technical charts, and mentions the use of options strategies primarily for income generation or risk hedging [2]
Platinum Group Metals Announces Positive Results of Annual General Meeting of Shareholders
Newsfile· 2025-02-28 22:00
Core Points - Platinum Group Metals Ltd. announced positive results from its Annual General Meeting held on February 28, 2025, in Vancouver, British Columbia [1] - The meeting had a shareholder turnout of 59.31% of issued shares eligible to vote, with strong support for the Board's appointment and proposed resolutions [2] Shareholder Voting Results - The number of directors was fixed at six, and all management's nominees were elected by shareholders [2] - Voting results for each director were as follows: - Diana Walters: 48,788,342 shares (99.10% for, 0.90% withheld) - Frank Hallam: 48,759,306 shares (99.05% for, 0.95% withheld) - Timothy Marlow: 48,345,254 shares (98.20% for, 1.80% withheld) - John Copelyn: 48,671,091 shares (98.87% for, 1.13% withheld) - Stuart Harshaw: 48,732,566 shares (98.99% for, 1.01% withheld) - Mpho Makwana: 48,764,078 shares (99.06% for, 0.94% withheld) [2] Auditor Re-appointment - PricewaterhouseCoopers LLP was re-appointed as auditors for the ensuing year, with 96.99% of shareholders voting in favor [2] Company Overview - Platinum Group Metals Ltd. operates the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa, in joint venture with several partners [4]
General Motors (GM) Falls More Steeply Than Broader Market: What Investors Need to Know
ZACKS· 2025-02-27 23:50
In the latest market close, General Motors (GM) reached $47.63, with a -1.71% movement compared to the previous day. The stock fell short of the S&P 500, which registered a loss of 1.59% for the day. Meanwhile, the Dow experienced a drop of 0.45%, and the technology-dominated Nasdaq saw a decrease of 2.78%.Shares of the an automotive manufacturer have depreciated by 2.65% over the course of the past month, outperforming the Auto-Tires-Trucks sector's loss of 16.95% and lagging the S&P 500's loss of 2.23%.Th ...
GM's Investor Moves Impress but is it a Buy Amid Tariff Risks?
ZACKS· 2025-02-27 14:40
U.S. auto giant General Motors (GM) just gave investors a reason to cheer, announcing a 25% dividend hike and a $6 billion share buyback program. The stock rose 3.75% yesterday on the news as the automaker reinforced its commitment to shareholder returns.While the payout boost is exciting, should you buy General Motors stock now? Tariff risks loom large. U.S. President Trump is set to impose a 25% tariff on imports from Mexico and Canada. And GM — which has the highest exposure to Mexico among U.S. automake ...
Do GM Stock Buybacks Make the Stock Buyable For Investors?
MarketBeat· 2025-02-27 14:15
General Motors Stock Forecast Today12-Month Stock Price Forecast:$59.7123.40% Upside HoldBased on 20 Analyst RatingsHigh Forecast$96.00Average Forecast$59.71Low Forecast$34.00General Motors Stock Forecast DetailsU.S. auto giant General Motors NYSE: GM recently made headlines with the announcement of a new $6 billion share buyback program. This move continues the company’s aggressive efforts to reduce its outstanding share count. But what’s the reasoning behind GM’s decision to allocate such a large sum towa ...