General Motors (GM) closed the latest trading day at $48.21, indicating a +1.35% change from the previous session's end. The stock outpaced the S&P 500's daily gain of 0.27%. On the other hand, the Dow registered a loss of 0.31%, and the technology-centric Nasdaq increased by 0.88%.Coming into today, shares of the an automotive manufacturer had gained 5.31% in the past month. In that same time, the Auto-Tires-Trucks sector lost 0.81%, while the S&P 500 gained 2.85%.The investment community will be closely m ...

TORONTO, June 11, 2024 (GLOBE NEWSWIRE) -- Probe Gold Inc. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) announces the voting results for the Annual General Meeting of Shareholders (the “Meeting”) held today, in Toronto. Results of the Meeting The Company is reporting the voting results of its Meeting held on Tuesday, June 11, 2024. The summary of the results as follows: Total Shares Voted:109,245,445Total Shares Issued and Outstanding:170,966,371Total Percentage of Shares Voted:63.9%  Election of Di ...

General Motors Company (NYSE:GM) Deutsche Bank Global Auto Industry Conference June 11, 2024 11:30 AM ET Company Participants Paul Jacobson - EVP and CFO Conference Call Participants Emmanuel Rosner - Deutsche Bank Jim Irwin - Moon Capital Emmanuel Rosner All right. Good morning, everybody. Thank you so much for joining us for this keynote session with GM as part of Deutsche Bank's Global Automotive Conference. My name is Emmanuel Rosner and I'm the lead US Autos and Auto Technology Analyst here at Deutsche ...

General Motors Company (NYSE:GM) Deutsche Bank Global Auto Industry Conference June 11, 2024 11:30 AM ET Company Participants Paul Jacobson - EVP and CFO Conference Call Participants Emmanuel Rosner - Deutsche Bank Jim Irwin - Moon Capital Emmanuel Rosner All right. Good morning, everybody. Thank you so much for joining us for this keynote session with GM as part of Deutsche Bank's Global Automotive Conference. My name is Emmanuel Rosner and I'm the lead US Autos and Auto Technology Analyst here at Deutsche ...

General Motors (GM)  stock printed another day of fresh 52-week highs after the auto giant announced an additional $6 billion in stock buybacks. Continuing to appease investors, this comes as General Motors launched a $10 billion accelerated share repurchase (ASR) program at the end of last year and increased its dividend by 33% going into 2024.This is certainly a nod to the confidence General Motors has in its business operations and the ability to generate cash flow but let’s see if it's time to buy GM fo ...

General Motors is investing $850 million into Cruise as the autonomous vehicle subsidiary slowly makes its way back to testing in Phoenix, Dallas and, as of Tuesday, Houston.GM’s CFO Paul Jacobson announced the capital infusion on stage at Deutsche Bank’s Global Automotive Industry Conference on Tuesday. “This will help bridge Cruise funding until we can find the right long-term capital efficient strategy, including potential new partnerships and external funding,” Tiffany Testo, a spokesperson for the co ...

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 ...

General Motors (NYSE:GM) stock is getting a boost on Tuesday after the automotive company announced a $6 billion share buyback program.The board of directors at General Motors signed off on the repurchase of up to $6 billion in shares of GM stock. The company is announcing this news share buyback program as it expects to complete its prior $10 billion one by the end of June.It’s worth pointing out that this share buyback is a morale boost for GM investors amid turbulence at the company. This comes as consum ...

General Motors said Tuesday its board approved a fresh repurchase authorization to buy back up to $6 billion worth of the automaker's common stock, a month after beating Wall Street estimates in the first quarter on strong demand for gas-powered vehicles. "We are very focused on the profitability of our ICE [internal combustion engine] business, we're growing and improving the profitability of our EV [electric vehicle] business and deploying our capital efficiently," GM executive vice president and CFO Pau ...

GM's 2024 Chevrolet Equinox EV during a media launch event for the vehicle in Detroit, May 16, 2024.DETROIT – General Motors is trimming its expected sales of all-electric vehicles this year, as U.S. adoption of EVs occurs slower than expected.GM Chief Financial Officer Paul Jacobson said the company now expects production of 200,000 to 250,000 EVs this year, down from a previously announced range of 200,000 to 300,000. The company has continued to say it will produce to demand, which is growing, but lower ...