Mercury General: Rebuilding Its Capital Quickly After LA Wildfires
I remain bullish on Mercury General due to consistent underwriting profits and regulatory tailwinds driving double-digit rate increases. MCY has rebuilt its capital base faster than expected, with strong combined ratios in personal auto and homeowners sectors. Despite wildfire impacts, 1Q 2025 earnings showed a 10% y/y growth in net premiums and a 25% increase in investment income.
Is it Time to Buy or Sell Dollar General as It Slips Below 50-Day SMA?
Dollar General slips below its 50-day SMA. Does this signal short-term pain or a long-term opportunity?
Mercury General: Still Smoldering From California Fires, But A Rebound May Be Brewing
In January 2025, Mercury General faced significant uncertainties due to multiple wildfires in California, causing billions in losses. Investors feared that smaller insurers like Mercury might struggle to survive without capital injections, dividend cuts, or debt issuance. While the insurance carrier was on good track to deliver steady results for FY2025, the California fires deteriorated an already-weak situation.
General Motors targeting launch of magnesium-rich EV battery technology by 2028
General Motors Company (NYSE:GM) and LG Energy Solution are developing a new lithium manganese-rich (LMR) battery cell designed to power GM's future electric trucks and SUVs, the automaker said on Tuesday. The company said the new cells will deliver higher energy density and lower costs, with US production expected by 2028.
GM unveils new 'groundbreaking' EV battery tech, aims to be first to market
GM expects to pioneer a new "groundbreaking" EV battery technology that the automaker says will reduce costs and boost profitability of its largest electric SUVs and trucks. GM says lithium manganese-rich (LMR) prismatic battery cells will be used in its EVs beginning in 2028.
GM's new ‘manganese rich' battery promises cheaper EVs in 2028
General Motors revealed Tuesday a new battery chemistry called lithium-manganese-rich (LMR), which it says should slash costs while delivering driving range that's just shy of the most advanced batteries on the market.
GM hires self-driving company leader as chief product officer
General Motors has hired Sterling Anderson, co-founder of self-driving trucking company Aurora, as its executive vice president of global product, the company said Monday.
GM taps Aurora co-founder for new chief product officer role
General Motors has turned to Sterling Anderson, a veteran of the autonomous vehicle industry, to oversee its entire product line of gas-powered and electric vehicles in a newly created job that will touch nearly every department at the U.S. automaker. The new VP of global product and chief product officer position will cover the entire lifecycle of GM portfolio and include hardware, software, services, and user experience.
General Dynamics: A Rare Blend Of Stability, Attractive Dividend And Value
General Dynamics Corporation is a resilient investment with strong financial performance, making it a buy for long-term investors seeking stability, growth, and income. GD's Q1 2025 results show double-digit revenue growth, a strong order backlog, and diverse segment performance, indicating sustained financial growth. Rising global military budgets and GD's strategic defense portfolio position it to benefit from increased defense spending, ensuring revenue visibility.
Mercury General Q1 Loss Narrower Than Expected, Revenues Rise Y/Y
MCY's Q1 results reflect higher net premiums earned and average invested assets, offset by wider catastrophe losses and higher expenses.
General Motors and Adapting to Tariffs
General Motors (GM 0.47%) will be hit hard by tariffs, there's no doubt about that. But the company is adapting and moving some production to the U.S. On top of that, it's leaning on a strong market share in big trucks and SUVs to keep profits rolling in.
General Motors Company (GM) is Attracting Investor Attention: Here is What You Should Know
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.
