LOS ANGELES, Feb. 11, 2025 /PRNewswire/ -- Mercury General Corporation (NYSE: MCY) reported today the fourth quarter and fiscal 2024 results: Consolidated Highlights Three Months Ended December 31, Change Twelve Months Ended December 31, Change 2024 2023 $ % 2024 2023 $ % (000's except per-share amounts and ratios) <td colspan="1" nowrap rowspan="1" height="" width="" ...

General Motors (NYSE: GM ) beat fourth-quarter estimates on the top and bottom line at the end of January. The automaker also saw solid momentum in terms of electric vehicle sales and managed to grow its market share in the EVAnalyst’s Disclosure: I/we have a beneficial long position in the shares of GM, F either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have ...

Mercury General Corporation (MCY) is expected to register an improvement in its top line but a decrease in its bottom line when it reports fourth-quarter 2024 results on Feb. 12, before the opening bell.See the Zacks Earnings Calendar to stay ahead of market-making news.The Zacks Consensus Estimate for MCY’s fourth-quarter revenues is pegged at $1.4 billion, indicating 15.5% growth from the year-ago reported figure.The consensus estimate for earnings is pegged at 64 cents per share. The Zacks Consensus Esti ...

Company AnnouncementNo. 1/2025                    Copenhagen, 10 February 2025 Proposals for motions to be includedin the agenda of the Annual General Meeting As previously announced, the Annual General Meeting of Scandinavian Tobacco Group A/Swill take place on 9 April 2025. Shareholders who wish to have a proposed motion included in the agenda of the AnnualGeneral Meeting must inform the Board of Directors of Scandinavian Tobacco Group A/Sin writing. Requests must be received no later than 25 February 202 ...

Analyst’s Disclosure: I/we have a beneficial long position in the shares of LGGNY either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Long Legal & General on LSESeeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is bei ...

NEW YORK, Feb. 6, 2025 /PRNewswire/ -- MSG Networks released the following statement about ongoing negotiations with Altice USA:"We applaud the Attorneys General in demanding Altice do right by its subscribers and either issue a full refund or immediately reach an agreement to return MSG Networks to Optimum subscribers."To read the press release from the Attorneys General, click here.About MSG NetworksMSG Networks, a pioneer in sports media, owns and operates two award-winning regional sports and entertainm ...

General Motors is reportedly cutting 1,000 jobs in its Cruise business unit after a previously announced decision to stop funding its robotaxi project.The cuts amount to almost half of the workforce in Cruise, Bloomberg reported Tuesday (Feb. 4), citing an internal memo and unnamed sources.Several Cruise leaders will leave amid the restructuring, including CEO Marc Whitten, Chief Safety Officer Steve Kenner, Global Head of Public Policy Rob Grant, and Chief Human Resources Officer Nilka Thomas, according to ...

General Motors is laying off roughly half of its employees who remain at its discontinued Cruise robotaxi business.The plans come two months after GM said it would no longer fund Cruise after spending more than $10 billion on the robotaxi unit since acquiring it in 2016."Today, Cruise shared the difficult decision to part ways with approximately 50% of its workforce," Cruise said in an emailed statement. "We are grateful for their passion and contributions to help us reach this stage, and our focus is on su ...

Autonomous vehicle company Cruise is laying off 50% of its workforce — cuts that extend to the CEO and several other top executives — as it prepares to shut down operations. What remains of Cruise will move under parent company General Motors as the automaker directs its resources towards improving its hands-free driver assistance system Super Cruise — and eventually rolls out personal autonomous vehicles. The layoffs were announced by Craig Glidden, Cruise’s president and chief administrative officer, acco ...

Dublin, Feb. 04, 2025 (GLOBE NEWSWIRE) -- The "Enterprise Tech Ecosystem Series: General Motors Company 2024" report has been added to ResearchAndMarkets.com's offering. The report provides insights into company's tech activities, including its digital transformation strategies, its innovation programs, and its technology initiatives. General Motors Co (GM) is an automobile manufacturing company. It designs, builds, and markets cars, SUVs, crossovers trucks, and automobile parts. GM also provides automotiv ...