General Motors said it has "decided to restructure The Durant Guild and correspondingly optimize GM China's operations" because of "significant changes to economic conditions."
GM urges lawmakers to block California's strict zero-emission vehicle mandate as demand for EVs plummets.
General Mills faces persistent negative business momentum, with declining sales, lowered guidance, and no turnaround in sight, challenging its defensive reputation. Despite a 4%+ dividend yield and a safe payout, the current valuation (17x EV/FCF) offers no margin of safety for investors. Consumer shift to value brands and weak demand undermine the company's brand strength and organic growth prospects, making the stock unattractive now.
Dollar General has addressed COVID-era margin issues with a 'Back to Basics' turnaround, targeting shrink, inventory, and store upgrades. Core low-income customers remain pressured by inflation, but labor market strength and moderating food costs offer stabilization potential. Remodels and improved service are attracting higher-income 'trade-down' customers, boosting average transaction size and margins.
Recently, Zacks.com users have been paying close attention to General Motors (GM). This makes it worthwhile to examine what the stock has in store.
I rate Dollar General as a HOLD due to persistent inflation and weaker consumer spending impacting profitability. Short-term headwinds include declining financials, management issues, and rising competition, which may keep the stock under pressure. Despite recent struggles, Dollar General's long-term growth potential remains intact, supported by a resilient top-line history.
The senate is to vote as early as next week on a measure to revoke the state's emissions waiver.
Full-size trucks and Detroit automakers are a match made in heaven, and the former have kept a grip on the U.S. market for decades. It's a good thing too, because the margins and profits delivered with full-size trucks are gigantic compared to mainstream sedans.
A few up days does not mean volatility won't return. In fact, I think most investors expect more market turbulence in the future, not less.
General Motors reveals new LMR battery tech aimed at cutting EV costs, boosting range, and slashing weight, targeting production in 2028.
GD's unit, Bath Iron Works, secures a $216.5 million contract to provide planning yard support for the DDG 51 warships.
Costco Wholesale Corporation COST and Dollar General Corporation DG stand out prominently in the Retail–Discount Stores industry. Costco boasts a substantial market capitalization of approximately $440 billion, operating on a membership-based warehouse model focused on selling bulk goods at discounted prices.