Workflow
GM(GM)
icon
Search documents
Nashville General Hospital Implements Oracle Health CommunityWorks to Simplify Clinician Experience, Enhance Patient Care
Prnewswire· 2024-12-18 14:00
Core Insights - Nashville General Hospital (NGH) has selected Oracle Health CommunityWorks to enhance its clinical, financial, and operational capabilities, aiming for a unified electronic health record system across its facilities [1][2] - The implementation of Oracle Health Data Intelligence and Oracle Clinical Trial Management System (CTMS) is expected to improve patient care, operational efficiency, and increase access to clinical trials [3][4] Group 1: Oracle Health CommunityWorks Implementation - NGH is adopting Oracle Health CommunityWorks to automate manual processes and replace outdated systems, thereby simplifying the experience for both clinicians and patients [1][2] - The cloud-based model of Oracle Health CommunityWorks allows for integrated user experiences and facilitates information sharing across various services, enhancing care coordination [2] Group 2: Data Intelligence and Operational Insights - NGH plans to utilize Oracle Health Data Intelligence to gain insights into patient health, operational performance, and financial metrics by integrating data from diverse sources [3] - This data-driven approach aims to improve care quality for chronic conditions and manage costs effectively in value-based care settings [3] Group 3: Clinical Trials Expansion - NGH intends to enhance patient access to clinical trials by implementing Oracle CTMS, which will streamline and automate clinical trial operations [4] - The hospital has committed to participating in 10 clinical trials in the upcoming year, with plans to increase this number to 30 trials within three years [4] Group 4: Community and Industry Impact - The collaboration between NGH and Oracle Health aims to strengthen community healthcare services and improve financial performance while bridging clinical research with patient care [5]
General Mills sinks as price reductions force guidance cut
Proactiveinvestors NA· 2024-12-18 13:40
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Tetragon Financial Group Limited Annual General Meeting
Prnewswire· 2024-12-17 06:55
LONDON, Dec. 17, 2024 /PRNewswire/ -- Annual General Meeting:Tetragon's annual general meeting will be held on 31 December 2024. The Notice of General Meeting may be found at the following link.About Tetragon:Tetragon is a Guernsey closed-ended investment company. Its non-voting shares are listed on Euronext in Amsterdam, a regulated market of Euronext Amsterdam N.V., and also traded on the Specialist Fund Segment of the Main Market of the London Stock Exchange. Our investment manager is Tetragon Financial ...
What Makes General Mills A Top Pick For 2025
Seeking Alpha· 2024-12-16 21:06
Looking back at previous General Mills, Inc. (NYSE: GIS ) coverage in June and August , we see that the Buy rating has proven right so far. The research article"Business valuation is an art, not a science," claim some. However, in my Bachelor's and Master's studies, I have successfully engaged in the scientific examination of valuation and capital investment. Thanks to a cumulative four-year experience in Consulting and Auditing firms including a professional Valuation position, Controlling positions and Fr ...
Besra Gold Inc Appoints Independent Chair for Annual General and Special Meeting of Shareholders
Newsfile· 2024-12-16 16:27
Core Points - Besra Gold Inc. has appointed Mr. Jeremy Wickens as the independent chair for the upcoming annual general and special meeting of shareholders scheduled for December 20, 2024 [1][2] - The Board has approved an amendment to Besra's By-Law No. 1 to allow for the appointment of an independent chair, moving away from the previous practice where the Chairperson of the Company presided over meetings [3] - The amendment will be subject to confirmation by shareholders at the meeting, requiring a simple majority vote for approval [4] Governance Practices - The appointment of an independent chair aligns with best corporate governance practices, which the Board believes is in the best interests of Besra and its shareholders [5] - Management intends to vote in favor of the amendment during the meeting, relying on discretionary authority granted in the proxy form previously distributed [7] Meeting Logistics - The meeting will take place at Level 40, 2 Park Street, Sydney, New South Wales, Australia, at 12:30 PM Sydney time [1] - Shareholders who wish to change their voting instructions must follow the procedures outlined in the circular [8][9]
General Mills Set to Release Q2 Earnings: Should You Expect a Beat?
ZACKS· 2024-12-16 15:20
Core Viewpoint - General Mills, Inc. (GIS) is expected to report revenue growth in its second-quarter fiscal 2025 earnings, with a consensus estimate of $5.16 billion, reflecting a 0.4% increase year-over-year, while earnings per share are projected to decline by 2.4% to $1.22 [1][3]. Factors Influencing Results - Current consumer trends indicate a challenging environment for General Mills, characterized by persistent inflation, value-driven purchasing behavior, increased competition, and regional economic instability [3][4]. - Consumers are increasingly opting for lower-cost options due to inflation, which has negatively impacted consumer confidence and spending capacity [3]. - The focus on value has constrained General Mills, as consumers resist price increases, highlighting vulnerabilities for the company in the upcoming quarter [4]. Cost Management and Margin Outlook - General Mills has implemented a Holistic Margin Management strategy to control costs, but input cost inflation is expected to be 3-4% of the cost of goods sold in fiscal 2025 [5]. - Brand-building investments, while essential for growth, are anticipated to negatively impact margins in the short term, with a projected 40-basis point contraction in adjusted operating margin to 18.9% for the second quarter [5]. Strategic Initiatives - The company benefits from strong brand equity and its Accelerate strategy, which focuses on brand building, innovation, leveraging scale, and social responsibility [6]. - General Mills continues to emphasize core markets, global platforms, and local brands with growth potential, particularly in its Pet segment, which shows robust growth due to high consumer demand and strategic investments [6]. Earnings Prediction - The current model does not predict an earnings beat for General Mills, as it holds a Zacks Rank of 3 (Hold) and an Earnings ESP of -0.29% [7].
General Mills Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Benzinga· 2024-12-16 10:13
General Mills, Inc. GIS will release earnings results for its second quarter, before the opening bell on Wednesday, Dec. 18.Analysts expect the Minneapolis, Minnesota-based company to report quarterly earnings at $1.22 cents per share, down from $1.25 per share in the year-ago period. General Mills projects to report revenue of $5.14 billion for the recent quarter, compared to $5.14 billion a year earlier, according to data from Benzinga Pro.General Mills shares gained 0.9% to close at $66.69 on Friday.Benz ...
From growth to gone: GM's Cruise robotaxi business is latest growth initiative to falter
CNBC· 2024-12-15 13:00
Core Perspective - General Motors (GM) is shifting its focus from ambitious robotaxi operations to core business areas, ending its Cruise robotaxi service after significant financial investment and operational challenges [5][6][7][8]. Business Strategy - GM's CEO Mary Barra has emphasized a transition towards a tech-driven company, exploring new market opportunities in electric vehicles (EVs), software, and personal autonomous vehicles [2][3][4]. - The decision to end the robotaxi business is part of a broader industry trend to preserve capital and focus on core operations amid economic uncertainties [5][10]. Financial Implications - GM has spent over $10 billion on Cruise since its acquisition in 2016, and analysts expect the decision to save the company more than $1 billion in capital annually, which could be redirected towards share buybacks [7][11]. - The company had previously projected an $8 trillion market opportunity for robotaxis, with expectations of $50 billion in revenue by 2030, which have now been reassessed [6][10]. Market Competition - GM's main competitor in the robotaxi space was Waymo, which remains the only significant player with public operations, while other companies like Tesla have yet to commercialize their robotaxi ambitions [9][25]. - The competitive landscape has led to a reevaluation of GM's growth strategies, with Wall Street responding positively to the decision to exit the robotaxi market [9][11]. Operational Challenges - The decision to wind down Cruise was influenced by the competitive nature of the robotaxi market and the substantial resources required to scale the business [8][26]. - GM's previous attempts to diversify into mobility ventures have largely not met expectations, leading to the folding of several initiatives [14][15]. Future Focus - GM plans to concentrate on enhancing its Super Cruise hands-free driver assistance system, which is seen as a more viable path for advancing autonomous vehicle technology [17][20]. - The company continues to operate other non-core businesses, such as GM Energy and its military defense unit, which have shown more promise [15][16].
General Motors Hits Costly $5 Billion Speed Bump Overseas
The Motley Fool· 2024-12-15 11:56
Core Viewpoint - General Motors is facing significant challenges in the Chinese market, leading to a major restructuring plan that will incur over $5 billion in costs, as the company aims to adapt to a rapidly changing automotive landscape dominated by local electric vehicle manufacturers [1][4][6]. Group 1: Sales and Market Dynamics - GM's vehicle sales in China peaked at 4 million in 2017 but have since declined by nearly 50%, resulting in three consecutive quarters of losses [2][4]. - The rise of domestic Chinese automakers, particularly in the electric vehicle sector, has been fueled by substantial government subsidies, allowing them to dominate EV battery technology and consumer markets [2][3]. - In July, 51% of vehicles sold in China were battery electric or plug-in hybrids, highlighting the shift in consumer preferences and the competitive landscape [3]. Group 2: Restructuring Strategy - GM plans to restructure its China operations rather than exit the market, which will involve noncash charges of $2.7 billion and an additional $2.6 billion to $2.9 billion for the declining value of its stake in SAIC Motor Corp [4][5]. - The restructuring will likely include the elimination of multiple vehicle models and plant closures, with a focus on electric vehicles, hybrids, and high-end imports [5]. - The company aims to return to profitability in China by 2025 with a significantly smaller operation, requiring minimal future investment [5][6]. Group 3: Future Outlook - The previous perception of China as a lucrative market for GM is shifting to a recognition of it as a weakness in the company's core business [7]. - The competitiveness of GM's electric vehicles in both the U.S. and international markets will be crucial for future success, necessitating cost reductions to ensure profitability [7].
GM ‘blindsides' Cruise by giving up on robotaxis
TechCrunch· 2024-12-14 21:17
Group 1 - General Motors (GM) has decided to cease funding for its commercial robotaxi business and will integrate its self-driving car subsidiary, Cruise, into its own driver-assistance development efforts [1] - GM acquired Cruise in 2016 for $1 billion and has invested over $10 billion in its development since then [1] - OpenAI has launched real-time video capabilities for ChatGPT, allowing users to interact with the app by pointing their phones at objects and sharing screens [1] Group 2 - Google introduced Project Mariner, an AI agent that can navigate the web and perform tasks within the Chrome browser, marking a shift in user interaction with websites [1] - Duolingo has partnered with Netflix to help viewers learn Korean ahead of the new season of "Squid Game," also releasing a TikTok filter inspired by the show [3] - Google announced its latest quantum computing chip, Willow, claiming it operates at extraordinary speeds, suggesting it may utilize computational power from other universes [3] Group 3 - Spotify has discontinued its in-car streaming device, Car Thing, and is offering refunds to customers who provide proof of purchase [3] - Bluesky is exploring a paid subscription model, teasing features such as custom app icons and post analytics [3] - Krispy Kreme reported a cyberattack that caused operational disruptions but confirmed that its shops remain open and deliveries are unaffected [3]