General Mills Inc. (GIS) has completed the sale of its Canadian Yogurt business to Sodiaal, marking a significant step in the company's ongoing portfolio reshaping strategy. This divestiture includes the Canada operations of several well-known yogurt brands, including Yoplait and Liberte, two key players in the Canada yogurt market. The sale encompasses a manufacturing facility in Saint-Hyacinthe, Quebec. This move is in line with General Mills' broader efforts to streamline its operations and focus on high ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

General Motors passed a major milestone in its efforts to make electric vehicles profitable.The Detroit automaker said EVs were "variable profit positive" in 2024.GM built 189,000 EVs last year and aims to build 300,000 this year.General Motors is finally making some money in the electric vehicle business. The automaker reported its EVs were "variable profit positive" in 2024, meaning that they earned more money than GM spent on manufacturing costs like labor and parts.GM doesn't break out its EV earnings l ...

General Motors (GM) reported fourth-quarter 2024 adjusted earnings of $1.92 per share, which surpassed the Zacks Consensus Estimate of $1.85. The bottom line also increased from the year-ago quarter’s level of $1.24. Higher-than-expected revenues from GM North America (GMNA), GM International (GMI) and GM Financial segments led to the outperformance. Revenues of $47.71 billion beat the Zacks Consensus Estimate of $44 billion and increased from $42.98 billion recorded in the year-ago period.See the Zacks Ear ...

General Motors (GM -10.58%) closed out a strong 2024 with fourth-quarter results that beat Wall Street's expectations. The U.S.-based automaker also predicts another good year in 2025 with even better bottom-line results.So investors might wonder why the stock tanked by more than 10% on Tuesday morning after that report came out. GM shares remained down by 10.4% as of 11:44 a.m. ET.One reason for the stock's sharp decline was that GM stock soared nearly 50% in 2024. But it's what the company didn't say in i ...

About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...

Key TakeawaysGeneral Motors posted a surprise net loss for the fourth quarter, but its revenue and adjusted earnings per share beat estimates.The automaker posted billions in one-time charges for recent moves like restructuring its China business and halting development of its Cruise robotaxis.GM predicts rising profits in 2025, assuming a "stable policy environment" in North America. General Motors (GM) posted better fourth quarter revenue and adjusted earnings than analysts had expected, as it recorded bi ...

General Motors (GM) came out with quarterly earnings of $1.92 per share, beating the Zacks Consensus Estimate of $1.85 per share. This compares to earnings of $1.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 3.78%. A quarter ago, it was expected that this an automotive manufacturer would post earnings of $2.49 per share when it actually produced earnings of $2.96, delivering a surprise of 18.88%.Over the last four quarter ...

General Motors impressed with strong Q4 2024 earnings, as well as healthy guidance for 2025.Automotive giant General Motors (GM 1.87%) reported strong earnings for the fourth quarter and full-year 2024 on Tuesday, Jan. 28. Robust adjusted earnings per share (EPS) of $1.92 topped the analysts' consensus estimate of $1.85 and were up 55% year over year. Quarterly revenue of $47.7 billion jumped 11% from the previous year's Q4 and beat estimates of $44.98 billion. Despite facing challenges, GM's North American ...

Wilminton, Delaware,, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Introspective Market Research is thrilled to announce the statement of its newest report, "Gluten Free Oats Market." This inclusive analysis discloses that the global Gluten Free Oats market, valued at USD 235.44 Million in 2023, is on a course of significant growth, predictable to reach USD 466.35 Million by 2032. This rising determination corresponds to a robust CAGR of 7.89% over the estimate period from 2024 to 2032. Gluten-free oats are especially ...