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General Dynamics Stock Is Worth $317
Seeking Alpha· 2024-08-23 20:16
Boarding1Now/iStock Editorial via Getty Images In July, I covered General Dynamics (NYSE:GD) and maintained my buy rating on the stock with a $316.50 price target, closely matching the Wall Street analysts' price target of $316.50. Since then, the company has reported its second quarter results, which provides a good moment to review the earnings and update the price target for General Dynamics stock and explain that despite supply chain issues, the stock remains compelling. Why Our General Dynamics Ana ...
General Motors' (GM) Cruise Teams Up With Uber to Offer Robotaxi
ZACKS· 2024-08-23 15:16
General Motors’ (GM) self-driving unit, Cruise, is set to start offering its autonomous vehicles (AVs) on Uber Technologies, Inc.’s (UBER) platform beginning next year, in an effort to revive its robotaxi business. This multi-year partnership will give Uber riders the option to choose a ride in a Cruise AV. This partnership with Uber isn't GM’s first venture with a ride-hailing company. In early 2016, GM invested $500 million in Lyft, intending to develop a fleet of autonomous vehicles accessible via Lyft’s ...
Burford Capital Announces Results of Extraordinary General Meeting
Prnewswire· 2024-08-23 11:00
NEW YORK, Aug. 23, 2024 /PRNewswire/ -- Burford Capital Limited ("Burford" or the "Company"), the leading global finance and asset management firm focused on law, is pleased to announce that all of the resolutions proposed at its extraordinary general meeting (the "EGM") held on August 20, 2024 were approved by shareholders.The votes received are detailed below:Total votes for Total votes against Total votes withheld Ordinary resolutions 1. To appoint KPMG LLP as the Company's external auditor to hold of ...
Bengal Energy Announces Filing of Information Circular - Proxy Statement for Annual General Meeting and Additional Board of Director Changes
Newsfile· 2024-08-23 03:30
Bengal Energy Announces Filing of Information Circular - Proxy Statement for Annual General Meeting and Additional Board of Director ChangesAugust 22, 2024 11:30 PM EDT | Source: Bengal Energy Ltd.Calgary, Alberta--(Newsfile Corp. - August 22, 2024) - Bengal Energy Ltd. (TSX: BNG) ("Bengal" or the "Company") announces that it has filed the information circular - proxy statement (the "Information Circular") and related meeting and proxy materials (together with the Information Circular, the "Me ...
Why Is General Motors (GM) Up 0.2% Since Last Earnings Report?
ZACKS· 2024-08-22 16:36
A month has gone by since the last earnings report for General Motors (GM) . Shares have added about 0.2% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is General Motors due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important drivers. General Motors Q2 Earnings Top EstimatesGeneral ...
Cruise recalls robotaxi fleet to resolve federal safety probe
TechCrunch· 2024-08-22 15:33
General Motors’ AV company, Cruise, has recalled its fleet of 1,194 self-driving cars to resolve long-standing trouble with unexpected braking. Cruise has shipped software updates to those vehicles that should mitigate the braking problems, and as such, the National Highway Traffic Safety Administration has closed nearly two-year probe into the issue.The recall and the conclusion of the probe takes one worry off of Cruise’s plate at a time when the company is under great scrutiny. It is still under active f ...
General Mills: The Market Is Overreacting To A Bad Quarter
Seeking Alpha· 2024-08-22 07:46
Thomas Faull/iStock Unreleased via Getty Images I have been bullish on General Mills (NYSE:GIS) since early 2021 and for the most part, the stock has performed as expected. I did turn neutral in mid-2023, which coincided with the stock's large drop in the second half of the year. Then in late 2023, I once again upgraded the stock to a buy, but performance has been lacklustre since then. Year-to-date, GIS delivered a total return of slightly above 10%, which is below that of the sector as measured by the ...
Nauticus Robotics Announces Appointment of New General Counsel
Prnewswire· 2024-08-21 21:13
HOUSTON, Aug. 21, 2024 /PRNewswire/ -- Nauticus Robotics, Inc. (NASDAQ: KITT), a leading innovator in subsea robotics and software, announces that John Symington was appointed as General Counsel of the company on August 14, 2024. Nick Bigney recently announced his departure and the two are working together through the transition period.Mr. Symington has over 20 years' experience in-house, including serving as General Counsel at Frank's International and Seadrill, complemented by 10 years in private practice ...
Kuke Music Holding Limited to Hold Annual General Meeting and Class Meeting on September 20, 2024
GlobeNewswire News Room· 2024-08-21 12:30
Beijing, China, Aug. 21, 2024 (GLOBE NEWSWIRE) -- Kuke Music Holding Limited (“Kuke” or the “Company”) (NYSE: KUKE), a leading classical music service platform in China, today published a notice to announce that it will hold an annual general meeting (the “AGM”) of shareholders (the “AGM Notice”) at 10:30 a.m., Beijing time, on September 20, 2024 at Room 303, Beijing Broadcasting Tower, No. Jia 14, Jianwaidajie, Chaoyang District, Beijing, People’s Republic of China (or after the Class B Meeting, as defined ...
Legal & General: Our Upside Is Still Here, Buy Confirmed
Seeking Alpha· 2024-08-20 23:46
DNY59/iStock via Getty Images Following Legal & General Group Plc Capital Market Day (OTCPK:LGGNF)(OTCPK:LGGNY), released in mid-June, we are back to comment on the H1 results today. As a reminder, UK companies typically report their financial results twice a year, following a practice known as interim reporting. Inter and final results are crucial for stakeholders as they provide insight into the company's financial health and operational performance. For this reason, it is essential to report the latest e ...