RESTON, Va., Dec. 04, 2024 (GLOBE NEWSWIRE) -- Science Applications International Corp. (NASDAQ: SAIC) announced today that the company’s board of directors declared a cash dividend of $0.37 per share ...
General Motors expects over $5 billion in non-cash charges and writedowns from restructuring its joint venture operations ...
GM’s issues in China are no surprise to the automaker. The company lost $347 million in the region through Q3 of this year ...
The poor performance of General Motors’ Chinese joint ventures is forcing the company to write down assets and take a ...
China, once GM’s largest and most important market, has become its biggest problem. General Motors told shareholders on Wednesday that it would record two non-cash charges totaling more than $5 ...
General Motors and other foreign automakers are selling fewer cars and losing lots of money in China, where domestic electric ...
The charge marks the latest example of how global automakers are struggling in China as local consumers embrace electric ...
GM’s CEO Mary Barra told Fortune in October that China’s EV price war “has become a race to the bottom with pricing and the ...
Automakers such as General Motors are beginning to fall behind as Chinese automakers stretch ahead in sales, appealing to consumers wanting EV and hybrid vehicles.
Fintel reports that on December 2, 2024, UBS initiated coverage of Science Applications International (NasdaqGS:SAIC) with a ...
UBS analyst Gavin Parsons initiated coverage of SAIC (SAIC) with a Neutral rating and $134 price target as the firm initiates coverage on on ...