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CENTOGENE Announces Voting Results of Extraordinary General Meeting
GlobeNewswire News Room· 2024-12-05 00:51
CAMBRIDGE, Mass. and ROSTOCK, Germany and BERLIN, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Centogene N.V. (OTC: CNTGF) (“CENTOGENE” or the “Company”), the essential life science partner for data-driven answers in rare and neurodegenerative diseases, today announced the voting results of the Company’s Extraordinary General Meeting. Shareholders voted in favor of all proposals, which included the approval of the previously announced envisaged sale and transfer of Centogene GmbH to Charme Capital Partners Limited, a ...
Genesis AI Corp Confirms Availability of Annual General and Special Meeting Materials and Alternative Voting Procedures
Newsfile· 2024-12-05 00:43
Genesis AI Corp Confirms Availability of Annual General and Special Meeting Materials and Alternative Voting ProceduresDecember 04, 2024 7:43 PM EST | Source: Genesis AI Corp.Vancouver, British Columbia--(Newsfile Corp. - December 4, 2024) - Genesis AI Corp. (CSE: AIG) (OTCQB: AIGFF) (the "Company") is to hold its annual general and special meeting of the shareholders (the "Shareholders") of the Company on December 19, 2024 at 10:00 a.m. (Pacific Time) (the "Meeting"). The Shareholders of reco ...
Correction Notice Of Press Release Announcing Wah Fu Education Group Ltd. to Hold Annual General Meeting on December 20, 2024
GlobeNewswire News Room· 2024-12-04 20:41
Beijing, China, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Wah Fu Education Group Ltd. (NASDAQ: WAFU, the “Company”) today announced corrections to its press release sent out on December 2, 2024. Holders of record of the Company’s ordinary shares of par value US $0.01 each on the close of business on November 21, 2024, Eastern Standard Time (the “Record Date”) or their proxy holders are entitled to vote at the AGM or any adjournment or postponements thereof. Each holder of ordinary shares has one (1) vote for each o ...
General Motors Company (GM) UBS Global Industrials and Transportation Conference - (Transcript)
2024-12-04 20:17
Company and Industry Overview * **Company**: General Motors Company (NYSE:GM) * **Industry**: Automotive, Electric Vehicles (EVs) * **Date**: December 4, 2024 Key Points Battery Strategy and Partnerships * **Ultium Cells Site 3 Sale**: GM sold its interest in the Ultium Cells Site 3 to LG, allowing for better flexibility in pouch and prismatic cell production [3, 4, 5, 6]. * **Prismatic Cell Collaboration**: GM and LG will collaborate on prismatic cell production, providing additional flexibility and capacity [5, 6]. * **SDI Work Continues**: GM will continue its work on solid-state batteries (SDI) [6]. China Restructuring * **Restructuring Charge**: GM expects to take a restructuring charge in China due to impairment analysis on the business [7]. * **No Additional Capital Injection**: The restructuring plan aims to avoid injecting additional capital from the US into China [9, 10]. * **Profitability Target**: GM expects to be profitable in China again next year, albeit on a smaller scale [10]. Core Business Performance * **Strong Sales and Pricing**: GM experienced strong sales and pricing in November, with a 12% market share in EVs and a 17% overall market share [21]. * **Inventory Management**: GM aims to maintain inventory in the 50 to 60-day range, positioning the company well for the fourth quarter [23]. * **EV Profitability**: GM remains on track to achieve variable profit positivity for EVs in the fourth quarter [24]. EV Strategy and Policy * **Consumer Tax Credit**: GM does not believe the consumer tax credit can be looked at in isolation and will consider the overall policy landscape [30]. * **Leasing**: GM is using leasing as a means to drive EV demand, particularly for higher-income customers who may not qualify for the tax credit [31]. * **Plug-in Hybrids**: GM views plug-in hybrids as a compliance option and may reassess their focus depending on regulatory changes [35]. Trade and Geopolitical Factors * **Mexico Tariffs**: GM is planning for various scenarios related to tariffs on Mexican-made vehicles and will maintain flexibility in its operations [42, 43, 44]. * **International Production**: GM will consider reallocating production if necessary, depending on the trade environment [44]. Other Key Points * **Large SUV Refresh**: GM has high expectations for the refresh of its full-size SUVs, which could positively impact pricing [47]. * **Escalade IQ**: GM is optimistic about the Escalade IQ and does not expect significant cannibalization from ICE vehicles [47]. * **Cruise**: GM expects to provide more clarity on Cruise's funding and plans before the end of the year [53]. * **Capital Allocation**: GM remains committed to returning capital to shareholders through share repurchases and dividends [55, 57].
General Dynamics Board Declares Dividend, Authorizes Additional Share Repurchases
Prnewswire· 2024-12-04 20:00
RESTON, Va., Dec. 4, 2024 /PRNewswire/ -- The board of directors of General Dynamics (NYSE: GD) today declared a regular quarterly dividend of $1.42 per share on the company's common stock, payable February 7, 2025, to shareholders of record on January 17, 2025.The board also provided management with the authority to repurchase an additional 10 million shares of the company's issued and outstanding common stock on the open market.General Dynamics is a global aerospace and defense company that offers a broad ...
General Electric Digital Transformation Strategy 2024 - Accelerators, Incubators and Other Innovation Programs
GlobeNewswire News Room· 2024-12-04 19:07
Dublin, Dec. 04, 2024 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: General Electric - 2024" company profile has been added to ResearchAndMarkets.com's offering. The report provides insights into the company's tech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, investments, and acquisitions. The report provides information and insights into GE's tech activities, including: Insights of its digital transformation strategies and i ...
Is GM Giving Up on Electric Vehicles (EVs)? Not So Fast
The Motley Fool· 2024-12-04 16:17
General Motors is selling a battery plant, but it isn't pulling back on electric vehicles.Earlier this week, General Motors (GM -1.03%) announced it is selling its stake in a battery plant to its partner LG Energy Solution. Some interpret this as another sign GM is pulling back on EVs, but that's not the case. In this video, Travis Hoium shows why this is a simple business model shift from GM and makes a lot of sense for the company's strategy long-term.*Stock prices used were end-of-day prices of Dec. 2, 2 ...
General Motors Recalls 132K Trucks Due to Tailgate Defect
ZACKS· 2024-12-04 15:51
General Motors Company (GM) is recalling more than 132,000 trucks with power-unlatching tailgates, per the National Highway Traffic Safety Administration (NHTSA).Per the NHTSA notice, the recall stems from the possibility of the tailgate's electronic release switch short-circuiting because of water exposure, which could cause the tailgate to unlatch unintentionally while the vehicle is parked. Dealers will replace the exterior touchpad switch assemblies at no cost to owners, with notification letters expect ...
Amazon Accused Of ‘Secretly' Excluding Low-Income Neighborhoods From Prime Delivery By D.C. Attorney General
Forbes· 2024-12-04 15:01
ToplineTwo historically low-income neighborhoods in Washington, D.C., have been secretly excluded from Amazon’s expedited delivery service over the last two years, despite residents paying millions of dollars for the company’s Prime membership, a lawsuit filed Wednesday alleges.The company instead relied on third-party delivery services like UPS to make Prime deliveries, a new ... [+] lawsuit alleges.Getty Images Key FactsIn a lawsuit filed in the D.C. Superior Court, Attorney General Brian Schwalb alleges ...
GM takes $5.6B charge for China turnaround
Proactiveinvestors NA· 2024-12-04 14:27
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 ...