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Results of the votes of the Combined Shareholders' General Meeting of December 11, 2024
GlobeNewswire News Room· 2024-12-12 21:00
Daix (France), New York City (New York, United States), December 11, 2024 – Inventiva (Euronext Paris and Nasdaq: IVA) (the “Company”), a clinical-stage biopharmaceutical company focused on the development of oral small molecule therapies for the treatment of metabolic dysfunction-associated steatohepatitis (“MASH”), also known as non-alcoholic steatohepatitis (“NASH”), and other diseases with significant unmet medical needs, today announced the results of the votes of its Combined Shareholders’ Meeting. ...
Thor Explorations Announces Results of Annual General Meeting
Newsfile· 2024-12-12 19:30
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2024) - Thor Explorations Ltd. (TSXV: THX) (AIM: THX) ("Thor Explorations" or the "Company") announces that at the Annual General Meeting of the Company held at 9.00 a.m. (Pacific time) on December 12, 2024, all of the resolutions were duly passed.Canaccord Genuity (Nominated Adviser & Broker)Henry Fitzgerald-O'Connor / James Asensio / Harry ReesTel: +44 (0) 20 7523 8000Hannam & Partners (Broker)Andrew Chubb / Matt Hasson / Jay Ashfield / Franck N ...
RIP, Cruise robotaxi
TechCrunch· 2024-12-12 18:35
Autonomous Vehicles - GM's decision to no longer fund its self-driving car subsidiary Cruise was a surprise, leading to significant changes including layoffs of 24% of Cruise's workforce and the resignation of its co-founder Kyle Vogt [1] - Cruise, acquired by GM for $1 billion in 2016, faced regulatory suspension and ceased operations after an incident involving a pedestrian in October 2023 [1] - The autonomous vehicle industry has seen consolidation, with major players like GM's Cruise, Alphabet's Waymo, Hyundai-backed Motional, and Amazon-owned Zoox remaining by 2023 [1] - San Francisco is identified as the most prepared city for new transportation technologies like AI, autonomous vehicles, and air taxis [10] - Uber and WeRide launched a robotaxi service in Abu Dhabi [10] Urban Air Mobility - Hyundai's urban air mobility startup, Supernal, is shifting its global headquarters from Washington, D C to Irvine, affecting around 5% of its workforce [2][3] - Investors continue to show interest in future-of-flight SPACs, with companies like Archer Aviation and Joby Aviation raising significant funds [5][6] - Archer Aviation raised $430 million for a new business unit focused on defense applications, including a partnership with Anduril to build a hybrid VTOL [7] - Joby Aviation launched a public offering to sell up to $300 million of its shares, adding to the $222 million raised in October, aiming for a total of $522 million [7] Electric Vehicles and Charging - Fisker resolved a federal safety investigation regarding its Ocean SUVs potentially rolling away unexpectedly [11] - Lightship launched its all-electric travel trailer, the AE 1 Cosmos Edition, with plans to produce only 50 units priced at $250,000 [12] - Lucid Gravity SUV entered production with an estimated EPA range of 450 miles [12] - Rivian's EVs ranked last on Consumer Reports' reliability list [12] - WeaveGrid, an EV charging software startup, raised $28 million in a round led by Toyota's Woven Capital [7] Other Transportation News - Amazon expanded into online car sales with Amazon Autos, allowing customers to buy new vehicles from dealerships [13] - Salvatore Palella resigned as CEO of Micromobility com, with his holding company taking on all of the company's debt [13] - Spotify discontinued its in-car streaming device, Car Thing, with all units now disabled [13] - Uber has 30 days to require certain drivers to get fingerprinted to continue transporting unaccompanied teens in California [13] Industry Trends and Investments - Nikola, a producer of battery and hydrogen-electric trucks, is taking steps to repay debts and raise equity, including a $100 million common stock sale [7] - The autonomous vehicle industry saw significant hype and investment, with parallels drawn to the current AI boom [1]
Forum Announces Results of Annual General Meeting
Newsfile· 2024-12-12 18:14
Vancouver, British Columbia--(Newsfile Corp. - December 12, 2024) - Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") reports that all proposed resolutions at its Annual General Meeting of Shareholders held on December 11, 2024 were duly passed by 25.25% of votes cast by the Company's Shareholders. Richard Mazur, Anthony Balme, Michael Steeves, Larry Okada, Paul Dennison, Janet Meiklejohn and Brian Christie were re-elected as Directors. Davidson & Company, Chartered Profession ...
General Dynamics Stock Lower After Analyst Downgrade
Schaeffers Investment Research· 2024-12-12 15:17
Core Viewpoint - General Dynamics Corp has been downgraded by Jefferies from "buy" to "hold" with a price target reduction from $345 to $300 due to delivery delays of G700 aircrafts and extended certification times for custom interiors [1] Group 1: Stock Performance - General Dynamics shares are down 1.5% at $261.47, marking the lowest level since January [2] - The stock has decreased by 13.8% this quarter and has gapped lower from a record high of $316.90 on November 14 [2] - The equity recently breached its 320-day moving average [2] Group 2: Market Sentiment - Short-term options traders exhibit bearish sentiment towards General Dynamics, as indicated by a Schaeffer's put/call open interest ratio that is higher than 84% of readings from the past 12 months [3]
Hormel Foods Announces Appointment of Mike Clausman as Vice President, Deputy General Counsel and Assistant Secretary
Prnewswire· 2024-12-12 13:00
Core Insights - Hormel Foods Corporation has appointed Mike Clausman as vice president, deputy general counsel, and assistant secretary to enhance its legal support for brand and business growth initiatives [1][2]. Group 1: Appointment Details - Mike Clausman will oversee legal support for commercial transactions, mergers and acquisitions, and intellectual property [2]. - Clausman will report to Colleen Batcheler, senior vice president of external affairs and general counsel [2]. Group 2: Background of Mike Clausman - Clausman joined Hormel Foods in 2011 after nearly a decade as an attorney at a Minneapolis law firm, progressing from corporate attorney to senior counsel in 2013 and then to assistant general counsel, transactions in 2021 [3]. - He holds a J.D. from the University of Minnesota Law School and a bachelor's degree in finance and communications from the University of Northern Iowa [4]. Group 3: Company Overview - Hormel Foods Corporation, based in Austin, Minnesota, generates approximately $12 billion in annual revenue and operates in over 80 countries [5]. - The company is recognized for its diverse brands, including PLANTERS®, SKIPPY®, SPAM®, and HORMEL® NATURAL CHOICE®, among others [5].
The Zacks Analyst Blog General Motors, Alphabet's, Tesla, Amazon's and Baidu
ZACKS· 2024-12-12 08:01
For Immediate ReleasesChicago, IL – December 12, 2024 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include including General Motors (GM) , Alphabet’s (GOOGL) , Tesla (TSLA) , Amazon’s (AMZN) and Baidu (BIDU) .Here are highlights from Thursday’s Analyst Blog:Robotaxi Faceoff: Waymo vs. Tesla After GM's ExitU.S. legacy automa ...
New Zealand Energy Corp. Announces Results of 2024 Annual General and Special Meeting of Shareholders
Newsfile· 2024-12-12 00:18
Core Points - New Zealand Energy Corp. held its Annual General and Special Meeting of shareholders on December 12, 2024, with 4,157,052 common shares voted, representing over 25.81% of the total issued and outstanding shares [3][4]. Group 1 - All current Directors, including Frank Jacobs, Michael Adams, Robert Bose, and Bill Treuren, were re-elected to serve until the next annual general meeting or until successors are appointed [4]. - The meeting approved the re-appointment of Ernst & Young, Chartered Accountants, as auditors for the upcoming year [4]. - The amended stock option plan of the Company was also approved during the meeting [4].
CubicFarm Systems Corp. Announces Availability of Annual General Meeting Materials
Newsfile· 2024-12-11 23:53
Vancouver, British Columbia--(Newsfile Corp. - December 11, 2024) - CubicFarm® Systems Corp. (TSXV: CUB) ("CubicFarms" or the "Company"), a local chain agricultural technology company, announces that the Company will be relying on, and has satisfied all of the conditions to rely on, CSA Coordinated Blanket Order 51-931 for exemption from the requirements to send proxy-related materials, including the proxy and voting information forms and the Company's management information circular (the "Circular", and c ...
General Motor Stock Lower After Ditching Robotaxi Unit
Schaeffers Investment Research· 2024-12-11 20:16
General Motors Co (NYSE:GM) stock is down 1.3% to trade at $52.07 at last check, amid news that the company stopped funding the development of its Cruise robotaxi. Though the automaker had already spent $10 billion on the self-driving unit, it is now planning to focus on advanced driver assistance systems and autonomous systems for personal vehicles.GM has been pulling back from a Nov. 25, two-year high of $61.24, but a familiar floor at the $50 level looks ready to contain any additional losses. The securi ...