GM to take $7.1B hit from electric vehicle production changes, China restructuring

GM said in a Form 8-K filed with the U.S. Securities and Exchange Commission that the charge will impact fourth-quarter 2025 earnings.
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Imperial Oil targets $150M annual expense reduction by 2028 through restructuring, while reporting record upstream production

John Whelan, Chairman, President & CEO, reported "another strong quarter," highlighting cash flow from operations of nearly $1.8 billion and approximately $1.9 billion of cash on hand at quarter-end.
Seeking Alpha

Astronova targets $3M annualized cost reductions as new CEO restructures sales and operations

Management expects Aerospace gross margin to improve in the second half of the year as shipments of the ToughWriter to a major OEM ramp up, and higher volume and improved mix in Product ID are ...
CompositesWorld

SGL Carbon reports lower sales amid weak markets, early gains from Carbon Fibers restructuring

Increasing uncertainty about the future development of global trade, tariff increases between the U.S. and Europe, and weak demand in some of its markets have weighed on SGL Carbon’s (Wiesbaden, ...