Do GM Stock Buybacks Make the Stock Buyable For Investors?
U.S. auto giant General Motors NYSE: GM recently made headlines with the announcement of a new $6 billion share buyback program. This move continues the company's aggressive efforts to reduce its outstanding share count.
Booming Today, Balancing Tomorrow: General Dynamics Cyclical Challenge
General Dynamics reported strong FY2024 results with $47.7 billion in revenue and $4.8 billion in operating earnings, showcasing impressive growth across its divisions. The Aerospace division, despite its cyclical nature, showed significant improvement with a 30.5% revenue growth and an operating margin increase to 13% in FY2024. Management expects growth in revenue, margins, and EPS for FY2025, but I remain cautious about the Aerospace segment's vulnerability to economic downturns.
Why Dollar General, PepsiCo, and The Hershey Company Plunged Today
Shares of food and essentials companies Dollar General (DG -5.59%), PepsiCo (PEP -3.14%), and The Hershey Company (HSY -4.12%) all fell on Wednesday, down 5.4%, 2.9%, and 4%, respectively, as of 2:45 p.m. ET.
General Motors shares rise on dividend boost, new share repurchase program
General Motors Company (NYSE:GM) shares gained more than 5% after the automaker boosted its quarterly dividend and initiated a $6 billion share buyback. The company is raising its dividend by $0.03 from $0.12 to $0.15 per share, marking a 25% increase.
GM raises quarterly dividend, plans to buyback $6 billion in stock
CNBC's Phil LeBeau joins 'Squawk on the Street' to report on sales and fundamentals for Tesla and GM's buyback plan.
3 Auto Stocks Investors Are Watching Closely Today
The auto industry is in the spotlight today, as several major stocks react to earnings reports, strategic moves, and executive changes.
GM raises dividend and unveils $6 billion buyback program to cheer weary shareholders
Uncertainty about tariffs and labor-cost headwinds have weighed on stock this year
GM to increase dividend by 25%, buy back another $6 billion of shares
General Motors said on Wednesday it would increase its quarterly dividend by 25% and undertake a new $6 billion share buyback program to return excess cash and increase shareholder value.
GM raises quarterly dividend, initiates $6 billion stock buyback
General Motors said Wednesday it is increasing its quarterly dividend by 25% to 15 cents per share — matching that of crosstown rival Ford Motor. It also announced a $6 billion stock repurchase program, $2 billion of which is expected to be completed during the second quarter.
Prediction: Trump's Tariffs Would Cause These Stocks to Be Big Losers in 2025
As a presidential candidate, Donald Trump liked to call himself "tariff man." Now that he's back in the White House, he's living up to his self-given nickname.
Defense Spending Cut Fears Open A Window Of Opportunity: General Dynamics In Focus
The article discusses reasons for the abysmal performance of defense stocks since the election of Donald Trump, while explaining why a window of opportunity is opening for long-term oriented investors. I take a brief look at L3Harris Technologies, RTX Corp., Lockheed Martin, Northrop Grumman, and Huntington Ingalls Industries and share where I plan to allocate more capital. I'll take an in-depth look at the fundamentals of General Dynamics, a surprisingly well-diversified and financially sound hybrid commercial aviation and defense company.
General Mills: Relative Valuation Has Become More Attractive
General Mills shares have underperformed the S&P 500 since the publication of my prior piece. The company recently cut guidance as it intends to increase investments in the near term in hopes of generating long-term growth. Consensus estimates appear conservative and are below the company's medium-term guidance for a 7% Adjusted EPS CAGR.
