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General Dynamics' Unit Secures Contract for Additional Oilers
ZACKS· 2024-09-17 01:56
General Dynamics Corporation's (GD) subsidiary, General Dynamics NASSCO, has secured a major contract with the U.S. Navy to construct up to eight additional John Lewis-class fleet replenishment oilers (T-AO 214 through 221). The contract for the first ship in this new deal is valued at $780 million. The total contract value of manufacturing all eight ships will likely be more than $6.7 billion. GD's John Lewis-class Oilers The John Lewis-class fleet replenishment oilers play an important role in the U.S. Na ...
General Mills' Q1 Earnings Coming Up: What Awaits GIS Stock?
ZACKS· 2024-09-16 22:47
General Mills, Inc. (GIS) is likely to register a top and bottom-line decline when it reports first-quarter fiscal 2025 earnings on Sep. 18. The Zacks Consensus Estimate for revenues is pegged at $4.78 billion, which suggests a decrease of 2.5% from the prior-year quarter’s reported figure.The consensus mark for quarterly earnings has remained unchanged in the past 30 days at $1.05 per share. This indicates a decline of 3.7% from the year-ago quarter’s reported figure. GIS has a trailing four-quarter earnin ...
General Motors & EVgo to Install 400 Fast Charging Stations Across US
ZACKS· 2024-09-16 22:25
General Motors Company (GM) and EVgo Inc. (EVGO) , an EV charging network provider, are expanding their partnership by installing 400 fast charging stations in key locations across major U.S. cities. These stations will include advanced features like 350kW chargers, canopies, lighting, pull-through access and security cameras to meet the growing need for reliable EV charging infrastructure.The flagship stations will be tactically placed in metropolitan areas in states like Arizona, California, Florida, Geor ...
General Copper Gold Reassesses Historical Drill Hole; Additional Samples Submitted for Assay
Newsfile· 2024-09-16 20:00
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2024) - General Copper Gold Corp. (CSE: GGLD) (FSE: 7S50) (OTCQB: GNRGF) (the "Company") is pleased to announce the relogging of a previously drilled holes and infilled samples sent for assay at its Topley Richfield Project in British Columbia.The decision to re-examine drill hole was made as part of the Company's efforts to maximize exploration data and enhance its understanding of mineralization. New zones of interest were identified during the ...
Despite Dollar General's Struggles, Don't Panic
Seeking Alpha· 2024-09-16 20:00
J. Michael Jones Dollar General Overview Low-price retailing is a tricky game--when things are good, consumers tend to 'shop up' by going to larger, pricier outlets. When times are not so good, your core consumer can become stretched to the point where they're no longer buying in the quantity they used to, even from you (the low-cost retailer). This is the story of Dollar General (NYSE:DG), the powerhouse of inexpensive shopping and the country's largest retailer by location count. When we last covered ...
General Dynamics NASSCO Receives Additional Eight-Ship Contract to Build T-AO 10-17
Prnewswire· 2024-09-14 05:09
 NASSCO is currently under contract for the first nine ships of the class, and has delivered three to date. With this award the company will build seventeen of the Navy's twenty-ship program of record.SAN DIEGO, Sept. 13, 2024 /PRNewswire/ -- General Dynamics NASSCO, a subsidiary of General Dynamics (NYSE: GD), announced today that it has received a block-buy contract from the U.S. Navy for the construction of up to eight additional John Lewis-class fleet replenishment oilers (T-AO 214 through 221) . The te ...
General Motors Signs MoU With Hyundai to Optimize Cost & Efficiency
ZACKS· 2024-09-13 23:02
General Motors Company (GM) and Hyundai have reached an agreement to explore future collaboration in several strategic areas aimed at cutting costs and improving efficiency. They are considering co-development and production of passenger and commercial vehicles, including internal combustion engines, as well as clean energy solutions like electric and hydrogen technologies.This nonbinding memorandum of understanding (MoU) comes as the auto industry is shifting focus toward capital efficiency after years of ...
The Price Is Right To Buy Dollar General Stock
Seeking Alpha· 2024-09-12 20:00
Flashpop/DigitalVision via Getty Images Introduction In this article, I will share my stock investing process and explain why I recently bought Dollar General (NYSE:DG) stock after having avoided it for several years. I will begin by establishing a profile for the business and stock, and then I will share my valuation and risk/reward analysis. I approach stock investing in this way because there are certain profiles and situations that have higher odds of success over the medium and long-term time frame ...
DevvStream Holdings Inc. Announces Voting Results from 2024 Annual General and Special Shareholder Meeting and Provides Transaction Update
Newsfile· 2024-09-12 19:30
DevvStream Holdings Inc. Announces Voting Results from 2024 Annual General and Special Shareholder Meeting and Provides Transaction UpdateSeptember 12, 2024 7:30 AM EDT | Source: DevvStream Holdings Inc.Vancouver, British Columbia--(Newsfile Corp. - September 12, 2024) - DevvStream Holdings Inc. (Cboe CA: DESG) (OTCQB: DSTRF) (FSE: CQ0) ("DevvStream" or the "Company"), a leading carbon credit project co-development and generation firm specializing in technology-based solutions, is pleased to a ...
Why Did GM Stock Drop 5% In A Day?
Forbes· 2024-09-12 18:00
LINCOLNWOOD, ILLINOIS - JANUARY 31: The Cadillac logo is displayed on a sign at the Zeigler Cadillac ... [+] of Lincolnwood dealership on January 31, 2023 in Lincolnwood, Illinois. General Motors, the makers of the Cadillac brand, reported better-than-expected fourth-quarter earnings today and predicted a strong 2023, sending the stock price up more than 8 percent. (Photo by Scott Olson/Getty Images)Getty ImagesGeneral Motors stock declined by over 5% in Tuesday’s trading, falling to $43 per share. Although ...