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GM's expects more than $5 billion impact from China restructuring, including plant closures
CNBC· 2024-12-04 19:47
Employees work on Buick Envision SUVs at General Motors' Dong Yue assembly plant, officially known as SAIC-GM Dong Yue Motors Co., Ltd., on Nov. 17, 2022, in Yantai, Shandong Province of China.DETROIT – General Motors expects a restructuring of its joint venture operations with SAIC Motor Corp. in China to cost more than $5 billion in charges and writedowns, the Detroit automaker disclosed in a federal filing Wednesday morning.GM said it expects to write down the value of its joint-venture operations in Chi ...
Perimeter Provides Update on Canada Postal Strike and Mailing of the Company's 2024 Annual General Meeting Materials
Prnewswire· 2024-12-04 05:30
TORONTO and DALLAS, Dec. 3, 2024 /PRNewswire/ - Perimeter Medical Imaging AI, Inc. (TSXV: PINK) (OTC: PYNKF) ("Perimeter" or the "Company"), a commercial-stage medical technology company, wishes to notify shareholders that in case of disruption due to the ongoing Canada Post strike, the Company's meeting materials (the "Meeting Materials") for the Company's upcoming annual general meeting to be held on December 12, 2024 at 1:00 p.m. (Toronto Time) (the "Meeting"), may be viewed on the Company's SEDAR+ profi ...
Lockheed Martin Names New General Counsel
Prnewswire· 2024-12-04 05:15
BETHESDA, Md., Dec. 3, 2024 /PRNewswire/ -- The Board of Directors at Lockheed Martin (NYSE: LMT) named Kevin O'Connor as the corporation's new senior vice president, general counsel and corporate secretary. Effective Jan. 13, O'Connor will succeed Maryanne Lavan, who plans to retire. O'Connor most recently served as senior vice president and chief legal officer for Carrier. Kevin O'Connor "Kevin is a proven leader who brings insight, expertise, and a shared commitment to our 21st Century Security® vis ...
Stock Of The Day: Is General Motors Headed Lower?
Benzinga· 2024-12-04 03:56
General Motors Company GM shares are trading lower on Tuesday. They may also be breaking support.Stocks that break support tend to head lower and that could be the case here. This is why our team of technical analysts have made it our Stock of the Day.Some analysts don't understand technical analysis. They try to identify patterns on charts without understanding the price action that causes them to form.If understood and applied correctly, technical analysis is the study of supply and demand in a market.If ...
Dollar General Q3 Earnings on the Horizon: Drivers to Watch
ZACKS· 2024-12-04 00:26
Dollar General Corporation (DG) is likely to register an increase in the top line when it reports third-quarter fiscal 2024 results on Dec. 5 before the opening bell. The Zacks Consensus Estimate suggests that the company will achieve revenues of $10.14 billion, marking a 4.6% increase compared to the same quarter last year. Despite the expected rise in revenues, Dollar General's bottom line is likely to have faced challenges. The Zacks Consensus Estimate for earnings per share for the third quarter has sli ...
General Motors to Offload Stakes in Battery Plant at Michigan
ZACKS· 2024-12-03 23:01
General Motors Company (GM) plans to sell its stake in a joint venture battery plant in Lansing, MI, to its partner, LG Energy Solution, as part of efforts to scale back its electric vehicle (EV) strategy. The sale, expected to close by the end of March, will allow GM to recover its $1-billion investment in the facility.The deal does not affect GM's ownership stake in the Ultium Cells joint venture, which operates battery plants in Ohio and Tennessee. The Lansing plant, nearing completion, will serve a new, ...
ACG Announces Results of Annual General Meeting of Shareholders
GlobeNewswire News Room· 2024-12-03 21:30
BEIJING, Dec. 03, 2024 (GLOBE NEWSWIRE) -- ATA Creativity Global (“ACG” or the “Company”, Nasdaq: AACG), an international educational services company focused on providing quality learning experiences that cultivate and enhance students’ creativity, today announced that its 2024 Annual General Meeting of Shareholders (“AGM”) was held on Tuesday, December 3, 2024. All of the proposals submitted to shareholders at the 2024 AGM were approved. Specifically, shareholders approved: Re-election of Zhilei Tong to s ...
General Motors offloads Michigan EV battery factory stake
Proactiveinvestors NA· 2024-12-03 20:13
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 ...
Burning Rock Announces 2024 Annual General Meeting to be Held on December 31, 2024
GlobeNewswire News Room· 2024-12-03 19:45
GUANGZHOU, China, Dec. 03, 2024 (GLOBE NEWSWIRE) -- Burning Rock Biotech Limited (NASDAQ: BNR, the “Company” or “Burning Rock”), a company focusing on the application of next generation sequencing (NGS) technology in the field of precision oncology, today announced that it will hold its annual general meeting (“AGM”) on December 31, 2024 at 10:00 a.m. (local time) at the Company’s Shanghai office at 6/F, Building 10C, Pujiang Smart Plaza, No. 2168 Chenhang Highway, Minhang District, Shanghai. The notice of ...
Despite G700 Delivery Delays, General Dynamics Appears On Track
Seeking Alpha· 2024-12-03 11:54
Analyst’s Disclosure: I/we have a beneficial long position in the shares of GD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any inv ...