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Legal & General Deal With Japanese Life Insurer Could Be The Catalyst It Needs To Improve The Share Price
Seeking Alpha· 2025-02-09 13:08
Analyst’s Disclosure: I/we have a beneficial long position in the shares of LGGNY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Long Legal & General on LSESeeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is bei ...
对抗特斯拉,8巨头充电联盟在美部署全国网络
汽车商业评论· 2025-02-07 15:59
编译 / 钱亚光 设计 / 师 超 来源 / www.ionna.com, www.autonews.com, electrek.co 公共充电设施不足、运行状况不良是美国电动汽车车主面临的一个问题,也是美国电动汽车推广的一个主要障碍。据 J.D. Power 的数据,2024 年第三 季度约有五分之一的充电尝试未能成功,主要原因是充电桩离线或损坏。 2月4日,8家全球汽车制造商齐聚美国北卡罗来纳州阿佩克斯的首个 IONNA 充电站和位于北卡罗来纳州达勒姆的新总部及客户体验实验室,共同举行 剪彩仪式,标志着其在美国本土打造一流的充电网络,由设计、工程到建设全部完成,从公开测试阶段过渡到全国充电网络部署阶段。 IONNA 是一家新兴的合资企业,2023 年 7 月首次宣布成立。它相当于北美汽车制造商充电网络联盟,创始成员包括宝马、通用汽车、起亚、本田、现 代、奔驰、Stellantis和丰田。它与欧洲的IONITY类似,那是由七家汽车制造商支持的欧洲充电网络。 汽车制造商们表示,计划利用联邦和州政府在公共充电方面的投资,结合自身公共和私人资金,迅速开发并实施一个覆盖北美的"高功率"电动汽车充电 网络。每个即将建 ...
UPDATED MSG NETWORKS STATEMENT ON ALTICE DISPUTE
Prnewswire· 2025-02-06 17:17
NEW YORK, Feb. 6, 2025 /PRNewswire/ -- MSG Networks released the following statement about ongoing negotiations with Altice USA:"We applaud the Attorneys General in demanding Altice do right by its subscribers and either issue a full refund or immediately reach an agreement to return MSG Networks to Optimum subscribers."To read the press release from the Attorneys General, click here.About MSG NetworksMSG Networks, a pioneer in sports media, owns and operates two award-winning regional sports and entertainm ...
Report: GM Cuts 1,000 Jobs at Cruise After Ending Robotaxi Project
PYMNTS.com· 2025-02-04 23:04
Group 1 - General Motors is cutting 1,000 jobs in its Cruise business unit, which represents almost half of the workforce in Cruise [1][2] - Several key leaders in Cruise, including CEO Marc Whitten and Chief Safety Officer Steve Kenner, will leave amid the restructuring [2] - GM announced it would stop funding the robotaxi project due to the considerable time and resources required to scale the business and the competitive market [3] Group 2 - GM plans to combine Cruise and GM technical teams and refocus its autonomous driving strategy on advanced driver assistance systems [3] - The company aims to lower spending by more than $1 billion annually through restructuring and refocusing Cruise's operations [4] - GM has completed its acquisition of Cruise, making it a wholly owned subsidiary, and will integrate Cruise technology into its Super Cruise system [5][6]
GM cuts 50% of Cruise staff after ending robotaxi business
CNBC· 2025-02-04 17:59
General Motors is laying off roughly half of its employees who remain at its discontinued Cruise robotaxi business.The plans come two months after GM said it would no longer fund Cruise after spending more than $10 billion on the robotaxi unit since acquiring it in 2016."Today, Cruise shared the difficult decision to part ways with approximately 50% of its workforce," Cruise said in an emailed statement. "We are grateful for their passion and contributions to help us reach this stage, and our focus is on su ...
Cruise to slash workforce by 50% after GM cuts funding to robotaxi operations
TechCrunch· 2025-02-04 17:16
Autonomous vehicle company Cruise is laying off 50% of its workforce — cuts that extend to the CEO and several other top executives — as it prepares to shut down operations. What remains of Cruise will move under parent company General Motors as the automaker directs its resources towards improving its hands-free driver assistance system Super Cruise — and eventually rolls out personal autonomous vehicles. The layoffs were announced by Craig Glidden, Cruise’s president and chief administrative officer, acco ...
General Motors Digital Transformation Analysis Report: Technology Focus and Initiatives, Venture Arm, Investments, Acquisitions and Partnerships, Network Map, ICT Budget and Contracts
GlobeNewswire News Room· 2025-02-04 16:10
Dublin, Feb. 04, 2025 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: General Motors Company 2024" report has been added to ResearchAndMarkets.com's offering. The report provides insights into company's tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives. General Motors Co (GM) is an automobile manufacturing company. It designs, builds, and markets cars, SUVs, crossovers trucks, and automobile parts. GM also provides automotiv ...
General Mills Makes For A Sweet Treat For Your Portfolio
Seeking Alpha· 2025-02-04 06:56
Beyond any doubt, one of the most iconic brands the world has ever known is General Mills (NYSE: GIS ). The diverse food company is a massive player in the markets in which itCrude Value Insights offers you an investing service and community focused on oil and natural gas. We focus on cash flow and the companies that generate it, leading to value and growth prospects with real potential.Subscribers get to use a 50+ stock model account, in-depth cash flow analyses of E&P firms, and live chat discussion of th ...
Heritage Commerce Corp and Heritage Bank of Commerce Announce Appointment of Janisha Sabnani as General Counsel
GlobeNewswire News Room· 2025-02-03 21:30
SAN JOSE, Calif., Feb. 03, 2025 (GLOBE NEWSWIRE) -- Heritage Commerce Corp (NASDAQ: HTBK) (“Company”), parent company of Heritage Bank of Commerce (“Bank”), today announced the appointment of Janisha Sabnani as Executive Vice President and General Counsel of the Company and the Bank. As General Counsel, Ms. Sabnani will report directly to Chief Executive Officer (“CEO”) Robertson “Clay” Jones and will have primary responsibility for advising executive management, directors, and business unit executives on ...
Wall Street Turns Bullish on GM Post Q4 Earnings: Time to Buy?
ZACKS· 2025-02-03 15:25
U.S. auto giant General Motors (GM) has seen its earnings estimates for 2025 and 2026 move north over the past seven days. Last Tuesday, the company released impressive fourth-quarter 2024 results. The top and bottom lines beat expectations and rose from the corresponding quarter of 2023.See the Zacks Earnings Calendar to stay ahead of market-making news.General Motors’ full-year 2024 revenues grew 9% to roughly $187 billion. Revenues have grown at a CAGR of 10% since 2021. GM retained its title of the top- ...