GD hikes its quarterly dividend payout to $1.50 per share. This increase represents the company's 28th consecutive annual dividend hike.
General Motors (GM) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.
No matter their investing style, it's safe to say that nearly every person who puts money into stocks likes a dividend raise. These investor-pleasing moves are almost always met with approval, and that dynamic was in play Wednesday for veteran aerospace and defense company General Dynamics (GD 4.85%).
The United Auto Workers said on Wednesday that workers at a battery manufacturing joint venture between General Motors and South Korea's LG Energy Solution have overwhelmingly approved a first contract with the company.
I rated GM as a HOLD in my last coverage due to concerns about its capital allocation priorities and debt burden. The latest financial update provided in its FQ4 report showed much-improved debt coverage. Furthermore, its inventory level has also significantly decreased to about $14.5 billion, the lowest in recent years.
General Motors (GM) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The U.S. National Highway Traffic Safety Administration (NHTSA) on Tuesday closed a preliminary evaluation into about 72,926 General Motors hybrid vehicles over concerns related to its battery control module.
General Motors on Monday announced the hiring of its first chief artificial intelligence officer as the automaker looks to use the technology more in its vehicles and in other parts of its business.
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GD secures a modification contract for lead yard support, development studies and design efforts for Virginia-class submarines.
Portland General Electric is a well-managed regulated utility company sporting a 4.6% dividend yield and 6% historical dividend growth; coupled with a solid forward power demand and EPS runway. I believe the stock is quite inexpensive on valuation, in part due to being painted with the same risk-on brush as California utilities affected by wildfires. It isn't. Small-cap Portland General appears to offer superior asymmetrical risk - reward, making it a potential investment gem.
General Motors (GM) is at a turning point in an evolving automotive world as it continues to forge ahead in the electric vehicle (EV) race.