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General Dynamics Wins $878M Contract to Aid Virginia Class Submarines
ZACKS· 2024-10-11 14:50
General Dynamics Corporation (GD) recently secured a modification contract valued at $878 million involving the Virginia Class submarines. Per the terms of the modification contract, the company will provide additional materials to support the construction of two Virginia Class submarines, SSN 812 and SSN 813. The award has been provided by the Naval Sea Systems Command, Washington, D.C. The work under this contract will be executed across various locations, like Chesapeake, VA and EL Cajon, CA. The project ...
Nomination Committee for the ASSA ABLOY 2025 Annual General Meeting
Prnewswire· 2024-10-11 14:44
STOCKHOLM, Oct. 11, 2024 /PRNewswire/ -- The following representatives of ASSA ABLOY AB's shareholders will be members of the Nomination Committee for the 2025 Annual General Meeting:- Johan Menckel, Investment AB Latour, Chairman of the Nomination Committee- Mikael Ekdahl, Melker Schörling AB- Marianne Nilsson, Swedbank Robur Fonder- Yvonne Sörberg, Handelsbanken Fonder- Carina Silberg, AlectaThe Chairman of the Board, Johan Hjertonsson, has been co-opted to the Nomination Committee.The Nomination Committe ...
This General Dynamics Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday
Benzinga· 2024-10-11 13:27
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Considering buying GD stock? Here’s what analysts think: Read More: ...
General Dynamics Wins a $378M Deal to Aid Virginia Class Submarine Program
ZACKS· 2024-10-10 15:11
General Dynamics Corp.’s (GD) business unit, Electric Boat, recently clinched a modification contract to support the Virginia Class submarine program. The award has been offered by the Naval Sea Systems Command, Washington, D.C.Details of the DealValued at $376.8 million, the contract is expected to be completed by October 2025. Per the terms of the deal, General Dynamics will provide lead yard support, conduct development studies and design efforts related to Virginia Class submarines.Most work related to ...
Dynasty Gold Announces 2024 Annual General Meeting Results and Provides Thundercloud Drilling Update
Newsfile· 2024-10-10 14:00
Dynasty Gold Announces 2024 Annual General Meeting Results and Provides Thundercloud Drilling UpdateOctober 10, 2024 10:00 AM EDT | Source: Dynasty Gold Corp.Vancouver, British Columbia--(Newsfile Corp. - October 10, 2024) - Dynasty Gold Corp. (TSXV: DYG) (FSE: D5G1) (OTC Pink: DGDCF) ("Dynasty" or the "Company") is pleased to report the results from its 2024 annual general meeting held on Friday, Oct. 4, 2024. Total vote counts represent more than 42% of total issued and outstanding shares. A ...
Braxia Scientific Announces Voting Results from the Annual General and Special Meeting of Shareholders
Newsfile· 2024-10-10 11:23
Braxia Scientific Announces Voting Results from the Annual General and Special Meeting of ShareholdersSale of Company's Assets ApprovedOctober 10, 2024 7:23 AM EDT | Source: Braxia Scientific Corp.Toronto, Ontario--(Newsfile Corp. - October 10, 2024) - Braxia Scientific Corp. (CSE: BRAX) (OTC Pink: BRAXF) (FSE: 4960) ("Braxia", or the "Company"), is pleased to announce the voting results from its Annual General and Special Meeting of Shareholders held on Wednesday, October 9, 2024. A total of ...
Stock Of The Day: Market Memory Keeps GM Under Key Levels As 2025 Silverado EV Set To Launch
Benzinga· 2024-10-09 20:31
General Motors GM is set to launch its 2025 Chevrolet Silverado EV, offering options at different price points. This strategic pricing reflects how markets have a memory, with key price levels often maintaining their influence for weeks, months, or even years, affecting both stock movements and investor sentiment.This dynamic can be seen on General Motors’ chart, which is why it’s our Stock of the Day.In August 2021, the $49 level supported the stock. Four years later, the market “remembers” that it’s impor ...
General Motors Shows Interest To Hybrid Again
GuruFocus· 2024-10-09 16:47
Core Insights - Ford Motor has incurred significant losses in electric vehicle (EV) production, while General Motors (GM) is refocusing on hybrid vehicles due to disappointing EV sales [1][2] - GM has decided to abandon its "Ultium" EV battery brand and restructure its EV division, although CEO Mary Barra remains optimistic about future EV profitability [1][2] - GM aims to produce 200,000 EVs in North America this year despite current challenges [1] Group 1: Company Performance - GM is projecting a reduction in operating losses from $4 billion to $2 billion by 2025, aided by the reintroduction of plug-in hybrid vehicles (PHEV) in 2027 [3] - The company is facing uneven demand for fully electric vehicles, prompting a strategic shift [3] Group 2: Market Conditions - A small wheels shop highlighted several challenges for EV adoption, including the need for a minimum range of 300 miles, quick charging capabilities, and comparable pricing to fossil fuel vehicles [2] - Battery replacement costs for EVs are noted to be higher than traditional engine replacements, which may deter potential buyers [2]
General Motors' Silverado EV Work Truck Model Now Starts at $57K
ZACKS· 2024-10-09 15:39
General Motors Company’s (GM) automobile division, Chevy, revealed that the 2025 Silverado EV will feature lower prices, increased driving range and new trim options. The starting price for the all-electric truck is $57,095 for the Work Truck (WT) model, with the LT trim being introduced for the first time. The Max Range version of WT will offer 492 miles of EPA range for $77,795. GM’s rival, Ford, also offers the F-150 Lightning Pro, a simpler version of its F-150 Lightning electric truck, starting at $54, ...
General Motors expects steady earnings in 2025 as it eyes improved EV earnings
Proactiveinvestors NA· 2024-10-09 15:07
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...