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General European Strategic Investments Inc. Announces the Passing of our CEO and Board Chairman
Newsfile· 2025-01-11 06:05
Las Vegas, Nevada--(Newsfile Corp. - January 10, 2025) - GENERAL EUROPEAN STRATEGIC INVESTMENTS INC. (OTC Pink: GESI) (the "Company or GESI") It is with deep sadness that the Board of Directors of General European Strategic Investments Inc. announces the passing of our beloved CEO, Wolfgang Rauball. Mr. Rauball passed away peacefully in his sleep on Saturday January 4, 2025. Our thoughts and heartfelt condolences go out to the Rauball family during this difficult time.Wolfgang was an extraordinary leader w ...
General Motors' China Q4 Sales Rise 41% Q/Q on Strong NEV Deliveries
ZACKS· 2025-01-11 00:41
General Motors Company (GM) and its joint ventures concluded 2024 with impressive momentum in China, achieving a 40.6% quarter-over-quarter increase in fourth-quarter deliveries, totaling nearly 600,000 vehicles. This represents the company’s strongest sequential growth since the second quarter of 2022. For the full year, GM delivered more than 1.8 million vehicles in the Chinese market compared with 2.1 million units in 2023.China remains a crucial market for GM, ranking second only to its U.S. operations. ...
General Dynamics Wins a $188M Deal to Aid Virginia Class Submarines
ZACKS· 2025-01-10 23:36
General Dynamics Corporation’s (GD) business unit, Electric Boat, recently clinched a modification contract involving Virginia Class Block V submarines. The award has been offered by the Naval Sea Systems Command, Washington, D.C.Details of GD’s DealValued at $188 million, the contract is expected to be completed by September 2035. Per the terms of the deal, General Dynamics will provide construction spares for Virginia Class Block V submarines.The work related to this deal will be executed in multiple loca ...
Mercury General Corporation Provides Preliminary Information Regarding Recent Wildfires in Southern California
Prnewswire· 2025-01-10 22:05
LOS ANGELES, Jan. 10, 2025 /PRNewswire/ -- Mercury General Corporation (the "Company," "Mercury" or "We") announced today its preliminary assessment of the impact of the recent wildfires in Southern California.An extreme wind-driven wildfire event that began on January 7, 2025 has caused widespread damage across parts of Southern California. The wildfires continue to burn, and it will be some time before the Company has an estimate of the total losses caused by this event. Based on information available to ...
General Motors (GM) Stock Falls Amid Market Uptick: What Investors Need to Know
ZACKS· 2025-01-10 07:50
General Motors (GM) closed the most recent trading day at $51, moving -1.89% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.16%. On the other hand, the Dow registered a gain of 0.25%, and the technology-centric Nasdaq decreased by 0.06%.The an automotive manufacturer's stock has dropped by 2% in the past month, exceeding the Auto-Tires-Trucks sector's loss of 3.73% and the S&P 500's loss of 2.7%.The upcoming earnings release of General Motors will be of gre ...
General Dynamics to Webcast 2024 Fourth-Quarter and Full-Year Financial Results Conference Call
Prnewswire· 2025-01-10 01:00
RESTON, Va., Jan. 9, 2025 /PRNewswire/ -- General Dynamics (NYSE: GD) will webcast its fourth-quarter and full-year 2024 financial results conference call on Wednesday, January 29, beginning at 9 a.m. EST.The live webcast of the conference call will be available at www.gd.com. A replay will be available shortly after the live presentation.More information about General Dynamics is available at www.gd.com.  SOURCE General Dynamics ...
General Motors Learns a Valuable Lesson With $10 Billion "Mistake"
The Motley Fool· 2025-01-08 21:22
There's something investors can learn from GM's recent Cruise development.Oftentimes, when you've made a bad decision, the worst thing you can do is double down. The best approach can be cutting your losses and moving forward as well as possible. It's a hard lesson, but extremely valuable, and General Motors (GM -2.90%) is currently in the process of learning it after investing $10 billion in its Cruise autonomous vehicle program.The Detroit automaker had once vowed not to step off the accelerator of autono ...
General Motors Holden transmission issues spark Australian class action
Proactiveinvestors NA· 2025-01-08 19:56
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
General Motors enjoying 'healthy backdrop' as auto sales tick up - RBC
Proactiveinvestors NA· 2025-01-07 22:40
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
GM Defense to provide Suburban Shield armored vehicles to Qatar Armed Forces
Prnewswire· 2025-01-07 21:00
WASHINGTON, Jan. 7, 2025 /PRNewswire/ -- GM Defense is providing next generation Suburban Shield armored vehicles to the Qatar Armed Forces and Special Forces Command for protected diplomatic security and VIP transport.The Suburban Shield is based on General Motors' full-size pickup truck and sport utility vehicle architecture. The vehicle features a high percentage of commercial parts, including the body, exterior, propulsion, interior, and brakes. GM Defense is providing next generation Suburban Shiel ...