Shares of General Motors Company GM are little changed Monday despite news that rivals Honda Motor Co., Ltd. HMC and Nissan Motor Co., Ltd. NSANY are discussing a merger. This would create the world's third-largest automaker.It is not clear how this would affect the long-term prospects of GM. But in the short term, the recent downtrend may be over. The stage may be set for a rally. This is why we have made it our Stock of the Day.Some analysts believe that markets are efficient and stocks follow a ‘random w ...

General Dynamics Corporation’s (GD) business unit, Electric Boat, recently clinched a modification contract involving attack submarines. The award has been offered by the Naval Sea Systems Command, Washington, D.C.Details of GD’s DealValued at $235.5 million, the contract is expected to be completed by September 2025. Per the terms of the deal, General Dynamics will provide engineering, technical, design agent and planning yard support for operational strategic and attack submarines.The majority of work rel ...

Nextleaf Shares a Commercial Update Including 14 New Product Listings, and Announces Date for Annual General MeetingDecember 23, 2024 9:00 AM EST | Source: Nextleaf Solutions Ltd.Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - Nextleaf Solutions Ltd. (CSE: OILS) (OTCQB: OILFF) (FSE: L0MA) ("Nextleaf", "OILS", or the "Company"), a leading life science firm and licensed cannabis processor, is excited to announce 14 new product listings nationally across 4 categories, and the ...

Astra Exploration Announces Results of Annual General Meeting and Issues Stock OptionsDecember 23, 2024 7:30 AM EST | Source: Astra Exploration Inc.Vancouver, British Columbia--(Newsfile Corp. - December 23, 2024) - Astra Exploration Inc. (TSXV: ASTR) (OTCQB: ATEPF) ("Astra Exploration" or the "Company") is pleased to report voting results for the Company's Annual General Meeting held on December 12, 2024, as follows:Total votes numbered 33,656,970 representing 40.02% of the 84,091,108 issued ...

My bearish view on Dollar General (NYSE: DG ) is playing out well as the stock has underperformed the S&P 500 ( SPY ) ( SPX ) ( IVV ) ( VOO ) since my initiating coverage on the stock:Providing alpha-generating investment ideas. I am an independent investor managing my family's portfolio, primarily via a Self Managed Super Fund. You can expect my articles to deliver a clearly structured, evidence-based thesis. But first and foremost, I encourage readers to judge me on my performance.I have a generalist appr ...

Company Overview - Dollar General is the largest retailer in the US by store count, with over 20,000 stores, significantly more than any other retailer [1] - The company's stock gained over 1,000% from its IPO in 2009 to its peak in 2022, but has since declined by 71% from that peak [2][3] Financial Performance - Dollar General's gross margin is currently at 29%, the lowest since its IPO, and its operating margin is at a historic low of 5% over the last four quarters [5] - Despite struggles, the company has managed to grow same-store sales and revenue, although profits have fallen [7] Growth Strategy - Dollar General plans to open 575 stores annually over the next three years, aiming to reach approximately 22,000 stores, a 9% increase from its current base [4] - The company forecasts revenue growth of 15%-20% over the next three years, reaching $46.7 billion to $48.7 billion, driven by store expansion and modest same-store sales growth of 2%-3% annually [13] Turnaround Efforts - Dollar General is implementing a "Back to Basics" strategy, focusing on improved inventory management, reducing theft, and enhancing customer experience [11] - The company is piloting same-day delivery through its DG app and has partnered with DoorDash to offer delivery from around 16,000 stores [12] - Store remodels under Project Elevate aim to remodel 2,250 older stores, with 2,000 full remodels and 575 new store openings planned for fiscal 2025 [12] Operational Improvements - Management expects store remodels to increase same-store sales by 6%-8%, partly due to adding more coolers for perishable foods [8] - The company is improving its supply chain to remove capacity constraints and investing in private brands to remain competitive on price [7] Future Outlook - With modest improvements, Dollar General aims to increase its operating margin from 5% to 7%, which, combined with revenue growth, could lift operating profit by nearly 70% over the next three years [14] - The company's position in 2027 will depend on the success of its turnaround efforts, including store expansion, margin improvement, and execution of its strategic initiatives [9][10]

Vancouver, British Columbia--(Newsfile Corp. - December 20, 2024) - Blackrock Silver Corp. (TSXV: BRC) (OTCQX: BKRRF) (FSE: AHZ0) (the "Company" or "Blackrock") is pleased to report that all resolutions proposed and voted on at the Annual General Meeting of its shareholders held on December 20, 2024, in Vancouver, British Columbia (the "Meeting") were approved.Shareholders approved: (i) fixing the number of directors of the Company at six (6); (ii) the election of William Howald, David Laing, Tom Peregoodo ...

I recommended a hold rating for Casey’s General Stores (NASDAQ: CASY ) when I wrote about it last year as I expected fuel margins (cents per gallon [CPG]) to see normalization given the weak demand outlook, which would drag downI consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hand ...

Eliminating Cruise changes GM's upside potential.General Motors (GM 1.30%) recently announced it is ending its Cruise robotaxi business in order to focus on autonomous driving for personal vehicles. That changes the stock's investment thesis, as Travis Hoium covers in this video.*Stock prices used were end-of-day prices of Dec. 17, 2024. The video was published on Dec. 19, 2024. ...

InMed Announces Results of 2024 Annual General MeetingDecember 18, 2024 8:00 PM EST | Source: InMed PharmaceuticalsVancouver, British Columbia--(Newsfile Corp. - December 18, 2024) - InMed Pharmaceuticals Inc. (NASDAQ: INM) ("InMed" or the "Company"), a pharmaceutical company focused on developing a pipeline of proprietary small molecule drug candidates for diseases with high unmet medical needs, today confirmed that, at its annual general meeting of shareholders held on December 18, 2024 (the ...