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GM to pour $888M into building new V-8 engine in New York plant
New York Post· 2025-05-28 20:24
General Motors is investing $888 million in its Tonawanda Propulsion plant in Buffalo, New York, “to support the production of the sixth generation of GM’s V-8 engines,” the automaker announced Tuesday. The investment is a shift from a previously announced $300 million commitment to make electric-vehicle drive units at the plant, as the V-8 engines are used in GM’s full-sized trucks and SUVs.GM says the newer engines will provide drivers better fuel economy and reduce emissions by utilizing “new combustion ...
argenx Announces Results of Annual General Meeting of Shareholders
GlobeNewswire News Room· 2025-05-28 20:01
May 28, 2025 – 10:01 PM CET Amsterdam, the Netherlands – argenx SE (Euronext & Nasdaq: ARGX), a global immunology company committed to improving the lives of people suffering from severe autoimmune diseases, announced the results of its Annual General Meeting of shareholders held on May 27, 2025. 91.1% of the Company’s share capital was represented at the Annual General Meeting. All items on the agenda received the required majority of votes in favor except for agenda item 5 (adoption of the remuneration po ...
Dollar General: A Strong Turnaround Story That Could Double In Price
Seeking Alpha· 2025-05-28 13:25
As I mentioned in more detail in a previous write-up , I like to classify my investments into different buckets. Regarding Dollar General (NYSE: DG ), I put them in my medium-term bucket but believe they could end upI am a CFA Charterholder, have my M.B.A. from a Top 20 Business school, and am a Marine Corps Veteran. My investment approach is opportunistic, flexible, fundamentally based, and valuation driven. I will invest in individual stocks, options, warrants, bonds, ETF's, CEF's, or mutual funds based o ...
GM to pour $888M into building new V-8 engine in New York
Fox Business· 2025-05-28 11:21
General Motors is investing $888 million in its Tonawanda Propulsion plant in Buffalo, New York, "to support the production of the sixth generation of GM's V-8 engines," the automaker announced Tuesday. The investment is a shift from a previously announced $300 million commitment to make electric-vehicle drive units at the plant, as the V-8 engines are used in GM's full-sized trucks and SUVs. GM says the newer engines will provide drivers better fuel economy and reduce emissions by utilizing "new combustion ...
Should You Buy Dollar General Stock Before June 3?
The Motley Fool· 2025-05-28 08:55
Why Dollar General might struggle Dollar General (DG -0.45%) shares have risen by 33% this year (as of Tuesday afternoon), dwarfing the comparable performance of the S&P 500 index and its 0.5% gain. Despite the volatility and uncertainty of the economy, the discount retailer has become a bit of safe haven investment to hold on to this year. A big test for the retailer will come on June 3, when the company reports its latest earnings numbers. The stock could move quickly following the release of those number ...
General Dynamics Wins a $199M Contract to Support USS America Warship
ZACKS· 2025-05-27 15:36
General Dynamics Corp.’s (GD) business unit, NASSCO, recently clinched a contract for the maintenance, modernization and repair of USS America (LHA 6) warship. The award has been offered by the Naval Sea Systems Command, Washington, D.C.Valued at $199 million, this contract includes options that, if exercised, will bring the total contract value to $209.2 million. The contract is expected to be completed by July 2027. The work related to this deal will be carried out in San Diego, CA.What’s Favoring GD Stoc ...
Cardiol Therapeutics to Webcast Virtual Annual General Meeting of Shareholders on May 28th at 4:30 p.m. EDT
Newsfile· 2025-05-27 11:27
Cardiol Therapeutics to Webcast Virtual Annual General Meeting of Shareholders on May 28th at 4:30 p.m. EDTMay 27, 2025 7:27 AM EDT | Source: Cardiol Therapeutics Inc.Toronto, Ontario--(Newsfile Corp. - May 27, 2025) - Cardiol Therapeutics Inc. (NASDAQ: CRDL) (TSX: CRDL) ("Cardiol" or the "Company"), a clinical-stage life sciences company focused on developing anti-inflammatory and anti-fibrotic therapies for the treatment of heart disease, announces that the Company's virtual Annual General M ...
Dollar General Set For Q1: Analyst Sees Trade-In Momentum, Margin Recovery, Strong Price Gaps Over Rivals
Benzinga· 2025-05-23 17:31
Core Viewpoint - BofA Securities analyst Robert F. Ohmes maintains a Buy rating on Dollar General Corp, increasing the price target from $100 to $115, anticipating positive financial results for the fiscal 2025 first quarter [1]. Financial Performance - Dollar General is expected to report an adjusted EPS of $1.40 for Q1, with comparable sales projected to rise by 1% [1]. - Real-time sales data indicates an acceleration in sales for the quarter, suggesting potential upside compared to current estimates [2]. Operational Insights - Profit gains from reduced shrink are expected to be offset by pressures from store remodel activities and labor costs, with approximately $20 million in expenses related to store closures [3]. - Margin performance is anticipated to improve progressively throughout the year [3]. Strategic Initiatives - The company is expected to benefit from trade-in programs that will support comparable sales and mitigate spending fluctuations among core customers, with adoption gaining traction [4]. - Despite concerns over Walmart's stronger comp performance, Dollar General's significant price gaps, digital expansion momentum, and ongoing store closures at competitors are seen as supportive factors [5]. Market Activity - Dollar General shares are currently trading higher by 1.25% at $101.90 [6].
Should You Buy General Motors Stock Amid Rising Tariffs?
The Motley Fool· 2025-05-23 12:14
Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool recommends General Motors. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...
Voting Results from Constellium's 2025 Annual General Meeting
GlobeNewswire News Room· 2025-05-23 09:00
Group 1 - Constellium SE held its Annual General Meeting of Shareholders on May 15, 2025, and published the voting results on its website [1] - All proposals at the AGM were adopted, including the appointment of Bradley Soultz and the re-appointment of Emmanuel Blot, Martha Brooks, and Lori Walker to the Board of Directors for a three-year term [2] - Constellium is a global leader in developing innovative, value-added aluminum products for various markets, generating $7.3 billion in revenue in 2024 [3]