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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
Core Insights - General Motors (GM) is maintaining strong underlying business performance despite macroeconomic challenges such as tariffs and weather disruptions [5]. Group 1: Business Performance - GM experienced a strong performance in December, achieving new market share highs, which aligns with the company's long-term strategic goals [5]. - January sales showed a slight decline compared to December, attributed to adverse weather conditions and other external factors, but the overall outlook for the year remains positive [5]. Group 2: Conference Context - The conference is being held during a challenging winter season, which adds a unique context to the discussions [4]. - The CFO of GM, Paul Jacobson, emphasized the importance of executing the company's plans and launching new vehicles as part of their strategy moving forward [5].
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]
SiriusXM Appoints Richard N. Baer as Executive Vice President, General Counsel and Secretary
Prnewswire· 2025-02-18 21:00
NEW YORK, Feb. 18, 2025 /PRNewswire/ -- Sirius XM Holdings Inc. (NASDAQ: SIRI) today announced the appointment of Richard N. Baer as Executive Vice President, General Counsel and Secretary, effective March 3, 2025. Baer succeeds Patrick Donnelly who, as previously announced, is retiring.Baer is an accomplished attorney and business advisor with over 40 years of experience. Most recently, Baer served as Chief Legal Officer at Airbnb, Inc., where he oversaw its legal, community policy and ethics and complianc ...
美国车辆可靠性因疫情余波而骤降
汽车商业评论· 2025-02-18 13:19
软件故障成为焦点 编译 / 钱亚光 设计 / 师 超 来源 / w w w. j d p o w e r. c o m , w w w. a u t o n e w s. c o m , g e a r j u n k i e . c o m 疫情的深远影响仍在持续笼罩着汽车行业。根据最近发布的 2025 年 J.D. Power 美国车辆可靠性研究(VDS),车辆的可靠性已降至近十年来的最低水 平。 该研究指出,购买了三年车龄车辆(即在新冠疫情供应链中断的高峰期所产车型)的车主所面临的问题比 2009 年以来的任何时候都要多。与 2024 年的 研究结果相比,每 100 辆车的问题数量(PP100)增加了 6%,比一年前恶化了 12 PP100,行业平均值为 202 PP100。 问题数量的增加部分归因于大众市场品牌增加了 16 PP100,部分原因是软件缺陷。这一结果凸显了汽车制造商面临的持续困境,尤其是在车辆变得越来 越科技化的情况下。 该报告涵盖了汽车制造商、车型、零部件以及售后服务等多个方面。或许并不令人意外的是,与软件相关的故障已成为现代车辆的致命弱点。Android Auto和Apple Car ...
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].
The General Counsel Report Identifies Priorities and Biggest Drivers of Cost Increases for Legal Departments
GlobeNewswire News Room· 2025-02-18 12:00
WASHINGTON, Feb. 18, 2025 (GLOBE NEWSWIRE) -- FTI Consulting, Inc. (NYSE: FCN) and global technology company Relativity today announced findings from part one of The General Counsel Report 2025. The study found that 85% of general counsel expect corporate risk and demand on the legal department to increase at an accelerating rate in the year ahead. This expectation is combined with a reported increase in the overall volume of disputes and investigations, which is now considered a top five risk for 51% of ge ...
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 ...