RealPeopleGroup Crude oil prices are in full-blown rally mode, and RBOB gasoline is not far from multi-month highs. The prompt contract of WTI is now up for five consecutive weeks – the best such stretch since the energy boom of early 2022. Not surprisingly, the Energy sector is likewise on a heater, and is among…
Champion Iron Limited (OTCQX:CIAFF) Q1 2024 Earnings Conference Call July 28, 2023 9:00 AM ET Company Participants Michael Marcotte – SVP of Corporate Development and Capital Markets David Cataford – CEO Conference Call Participants Orest Wowkodaw – Scotiabank Lucas Pipes – B. Riley Securities Alexander Pearce – BMO Gordon Lawson – Paradigm Craig Hutchison –…
Eoneren/E+ via Getty Images By Jim Madden, Tony Tursich, and Beth Williamson In 2021, the operations of buildings accounted for 30% of global final energy consumption. This share is expected to increase in the coming decades as the global population grows and becomes more urbanized. Given the global focus on reducing energy use, there are…
FinWise Bancorp (NASDAQ:FINW) Q2 2023 Earnings Conference Call July 27, 0000 5:30 PM ET Company Participants Kent Landvatter – Chief Executive Officer and President Javvis Jacobson – Chief Financial Officer Jim Noone – President, Chief Credit and Chief Strategy Officer Brad Cohen – Partner ICR Conference Call Participants Andrew Terrell – Stephens, Inc. Operator Greetings…
Terna S.p.A. (OTCPK:TERRF) Q2 2023 Earnings Conference Call July 27, 2023 11:00 AM ET Company Participants Omar Al Bayaty – Head of Investor Relations and Sustainability Giuseppina Di Foggia – Chief Executive Officer & General Manager Agostino Scornajenchi – Chief Financial Officer Operator Good day ladies and gentlemen and welcome to Terna’s First Half 2023…
John Wreford/iStock Editorial via Getty Images It has only been a little under four months since I last covered global hotelier Accor (OTCPK:ACRFF) (OTCPK:ACCYY), but with half a year of operating results behind us plus updated near and medium-term guidance, there have been enough developments here to warrant an update. These shares have done well…
Technip Energies N.V. (OTCPK:THNPY) H1 2023 Earnings Call July 27, 2023 7:00 AM ET Company Participants Phillip Lindsay – Head of Investor Relations Arnaud Pieton – Chief Executive Officer Bruno Vibert – Chief Financial Officer Conference Call Participants Bertrand Hodée – Kepler Cheuvreux Daniel Thomson – BNP Paribas Exane Guillaume Delaby – Societe Generale Jean-Luc…
Snam S.p.A. (OTCPK:SNMRF) Q2 2023 Earnings Conference Call July 27, 2023 9:00 AM ET Company Participants Francesca Pezzoli – Head of Investor Relations Stefano Venier – Chief Executive Officer Luca Passa – Chief Financial Officer Conference Call Participants Jose Ruiz – Barclays Javier Suarez – Mediobanca Meike Becker – HSBC Marcin Wojtal – Bank of…
Dimitrios Kambouris Tesla Is Not An Investment That Is For The Faint-Hearted We previously covered Tesla, Inc. (NASDAQ:TSLA) in April 2023, with the CEO, Elon Musk, in favor of sacrificing margins for the long-term full self-driving (“FSD”) software as a service (“SaaS”) strategy. Historically, the magic of TSLA was tied to Elon Musk and its…
Moncler S.p.A. (OTCPK:MONRF) Q1 2023 Earnings Conference Call July 26, 2023 12:00 PM ET Company Participants Elena Mariani – Strategic Planning & IR Director Remo Ruffini – Chairman & CEO Gino Fisanotti – Chief Brand Officer Roberto Eggs – Chief Business Strategy & Global Officer Luciano Santel – Chief Corporate & Supply Officer Conference Call…
Aeroports de Paris SA (OTCPK:AEOXF) Q2 2023 Earnings Conference Call July 27, 2023 12:00 PM ET Company Participants Cecile Combeau – Head, IR Augustin de Romanet – Chairman and CEO Edward Arkwright – Deputy CEO Philippe Pascal – CFO Conference Call Participants Elodie Rall – JPMorgan Cristian Nedelcu – UBS Andrew Lobbenberg – Barclays Dario…
da-kuk By Sam Peters & Jean Yu The Gift of Extremes Market Overview One of the most powerful tools we have as investors is to think probabilistically rather than act emotionally. We use probability to adapt to new information when our beliefs are challenged, typically in the form of a surprise, and to exploit extreme…
First Foundation Inc. (NASDAQ:FFWM) Q2 2023 Earnings Conference Call July 27, 2023 11:00 AM ET Company Participants Scott Kavanaugh – President and CEO Chris Naghibi – Chief Operating Officer Amy Djou – Interim Chief Financial Officer Conference Call Participants David Feaster – Raymond James Andrew Terrell – Stephens Gary Tenner – D.A. Davidson Adam Butler…
TriMas Corporation (NASDAQ:TRS) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Sherry Lauderback – Vice President, Investor Relations & Communications Thomas Amato – President and Chief Executive Officer Scott Mell – Chief Financial Officer Conference Call Participants Ken Newman – KeyBanc Capital Markets Hamed Khorsand – BWS Financial Operator Greetings,…
Idorsia Ltd (OTC:IDRSF) Q2 2023 Earnings Conference Call July 25, 2023 9:00 AM ET Company Participants Andrew Weiss – Head of IR Jean-Paul Clozel – CEO Andre Muller – EVP & CFO Patricia Torr – VP, Head of US Finance & Infrastructure Conference Call Participants James Gordon – JPMorgan Peter Verdult – Citigroup Inc. Sachin…
Compagnie Générale des Établissements Michelin Société en commandite par actions (OTCPK:MGDDF) Q2 2023 Earnings Call Transcript July 26, 2023 12:30 PM ET Company Participants Florent Menegaux – Chief Executive Officer Yves Chapot – General Manager and Group CFO Conference Call Participants Michael Jacks – Bank of America Sanjay Bhagwani – Citi Jose Asumendi – JPMorgan…
Banc of California, Inc. (NYSE:BANC) Q2 2023 Earnings Call Transcript July 26, 2023 12:00 PM ET Company Participants Jared Wolff – President and Chief Executive Officer Joseph Kauder – Chief Financial Officer Paul Taylor – President and Chief Executive Officer of PacWest Kevin Thompson – EVP, Chief Financial Officer of PacWest Conference Call Participants Matthew…
Stellar Bancorp, Inc. (NYSE:STEL) Q2 2023 Earnings Conference Call July 28, 2023 9:00 AM ET Company Participants Courtney Theriot – Chief Accounting Officer Robert Franklin – CEO Paul Egge – SEVP, CFO Ramon Vitulli – President Joe West – SEVP, Chief Credit Officer Conference Call Participants David Feaster – Raymond James Matt Olney – Stephens…
vchal/iStock via Getty Images The MSFT Investment Thesis Remains Somewhat Lofty Now We previously covered Microsoft (NASDAQ:MSFT) in May 2023, discussing its successful transition toward the next generational platform, Artificial Intelligence, thanks to the early investments in OpenAI. This cadence had naturally led to the stock’s extreme rally thus far, significantly aided by the excellent…
Simmons First National Corporation (NASDAQ:SFNC) Q2 2023 Earnings Conference Call July 25, 2023 10:00 AM ET Company Participants Ed Bilek – Executive Vice President, Director of Investor and Media Relations George Makris – Executive Chairman Bob Fehlman – Chief Executive Officer Jay Brogdon – President and Chief Financial Officer Conference Call Participants Brady Gailey –…
ebrublue10/iStock via Getty Images Company Overview Established in 2011, Fulgent Genetics (NASDAQ:FLGT) is a technology-driven organization dedicated to clinical diagnostic and therapeutic advancements. The diagnostic branch of the company provides a wide range of molecular and genetic testing services to improve patient care. On the other hand, their therapeutic division is primarily devoted to creating…
Federal Signal Corporation (NYSE:FSS) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Ian Hudson – Senior Vice President and Chief Financial Officer Jennifer Sherman – President and Chief Executive Officer Conference Call Participants Christian Zyla – KeyBanc Capital Markets Chris Moore – CJS Securities Mike Shlisky – D.A. Davidson Walter…
Eagle Bancorp, Inc. (NASDAQ:EGBN) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Charles Levingston – CFO Susan Riel – President & CEO Janice Williams – Chief Credit Officer Conference Call Participants Casey Whitman – Piper Sandler Christopher Marinac – Janney Montgomery Scott Catherine Mealor – KBW Operator Good day, and…
Secure Energy Services Inc. (OTCPK:SECYF) Q2 2023 Earnings Conference Call July 27, 2023 11:00 AM ET Corporate Participants Alison Prokop – Executive Rene Amirault – Chief Executive Officer Chad Magus – Chief Financial Officer Allen Gransch – President Conference Call Participants Patrick Kenny – National Bank Operator Good morning, ladies and gentlemen, and welcome to…
sitox By Evan Bauman, Peter Bourbeau, Aram Green, & Margaret Vitrano Truing Up Growth Exposures on Weakness Market Overview Growth stocks remained in favor in the second quarter, with enthusiasm over generative AI extending gains for mega cap companies in a historically narrow market. The S&P 500 Index rose 8.74% and the Nasdaq Composite climbed…
MadamLead By Michael Clarfeld & Chris Eades Midstream Set to Benefit from Oil Demand Growth Market Overview and Outlook Growing expectations of a Fed pivot and soft landing in 2023 remained the dominant theme in the second quarter, helping U.S. equities, as well as midstream energy stocks, continue to make healthy gains. The benchmark Alerian…
Acadian Timber Corp. (OTCPK:ACAZF) Q2 2023 Earnings Conference Call July 27, 2023 1:00 PM ET Company Participants Susan Wood – CFO Adam Sheparski – President and CEO Conference Call Participants Andrew Kuske – Credit Suisse Paul Quinn – RBC Capital Markets Operator Good day, ladies and gentlemen, and thank you for standing by. Welcome to…
Orbia Advance Corporation, S.A.B. de C.V. (OTCPK:MXCHF) Q2 2023 Earnings Conference Call July 27, 2023 11:00 AM ET Company Participants Gerardo Lozoya – Investor Relations Director Sameer Bharadwaj – CEO Jim Kelly – CFO Conference Call Participants Leonardo Marcondes – Bank of America Pablo Monsivais – Barclays Luiz Carvalho – Banco UBS Alejandra Obregon –…
Darren415 Welcome to another installment of our Preferreds Market Weekly Review, where we discuss preferred stock and baby bond market activity from both the bottom-up, highlighting individual news and events, as well as top-down, providing an overview of the broader market. We also try to add some historical context as well as relevant themes that…
Wirestock/iStock Editorial via Getty Images Since the last time I covered the pharmaceuticals giant AstraZeneca (NASDAQ:AZN) (OTCPK:AZNCF) in May this year, its share price is almost back to where it was when I wrote. Even at the time, there seemed little short-term upside to the stock. In fact, it fell by almost 10% in the…
Shinhan Financial Group Co., Ltd. (NYSE:SHG) Q2 2023 Earnings Conference Call July 27, 2023 1:00 AM ET Company Participants Park Cheol Woo – Head, Investor Relations Lee Taekyung – Chief Financial Officer Kim Myoung Hee – Chief Development Officer Bang Dong Kwon – Chief Risk Officer Ko Seok-Hon – CSSO Kim Kihoon – Shinhan Bank,…
Cristi Croitoru Ford’s Unpleasant Plight Here we go again. Ford Motor Company (NYSE:F) CEO Jim Farley has had to eat his words once again. During the latest earnings report and Q2 conference call, Farley substantially pushed back expectations regarding the production levels of Electric Vehicles, or EVs. What’s more, EV sales have been less than…
Bruce Bennett The once-a-decade opportunity in Verizon Communications Inc. (NYSE:VZ) remains valid despite getting hit this month due to the headwinds from its lead-sheathed cables network. Keen investors should recall that the Wall Street Journal’s or WSJ’s investigation had led to a massive selloff in the stock of leading telco operators like AT&T (T) and…
Mananya Kaewthawee/iStock via Getty Images On July 27, before the market opened, Bristol-Myers Squibb (NYSE:BMY) released its Q2 2023 financial results, which, while failing to beat analysts’ expectations, were able to demonstrate that demand for Yervoy, Opdualag, and Breyanzi is growing faster than many on Wall Street expected. On the other hand, sales of mega-blockbusters…
R&A Studio Index investors are celebrating what is, so far, an amazing year. Ycharts Does this seem crazy? It is. Market Valuations Are Dangerously High Weekly Decline In S&P EPS Consensus Last Week’s EPS Consensus Year EPS Consensus YOY Growth Forward PE 0.00% $206.58 2021 $206.58 50.43% 22.1 0.00% $215.93 2022 $215.93 4.53% 21.2 -0.98%…
Receive free Airlines updates We’ll send you a myFT Daily Digest email rounding up the latest Airlines news every morning. IAG, the owner of British Airways, and Air France-KLM are the latest airline groups to report record profits as resilient demand for travel and high ticket prices have powered the industry’s recovery from the pandemic….
Receive free Climate change updates We’ll send you a myFT Daily Digest email rounding up the latest Climate change news every morning. “I wish,” a longstanding US Democrat and environmentalist said to me recently, “that we’d never politicised global warming.” Even as extreme heat is demonstrating that no country will be immune from climate change,…
Receive free Hong Kong politics updates We’ll send you a myFT Daily Digest email rounding up the latest Hong Kong politics news every morning. Beijing has called on Washington to allow Hong Kong’s leader to attend a summit in the US following a report that he would be barred from entry after sanctions were imposed…
Receive free Aukus updates We’ll send you a myFT Daily Digest email rounding up the latest Aukus news every morning. Washington and Canberra have bolstered their commitment to the Aukus security pact despite growing opposition from Republicans in Congress over a plan to supply nuclear-powered submarines to Australia. US secretary of state Antony Blinken, speaking…
The article below is from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Disinflation And Monetary Policy As we delve deeper into 2023, the U.S. economy finds itself at a…
Receive free Emerging market investing updates We’ll send you a myFT Daily Digest email rounding up the latest Emerging market investing news every morning. Bonds issued by some of the world’s poorest economies have been among the best performers in debt markets this year, helped by signs that global interest rates are close to peaking…
Receive free George Alagiah updates We’ll send you a myFT Daily Digest email rounding up the latest George Alagiah news every morning. The writer is Channel 4 News’ International Editor He was known to millions as a calm presence reading the news from a BBC television studio in London, but if George Alagiah, who has…
Porzellan is crowded with a busy lunchtime crush of convivial Viennese spilling out of the bright, high-ceilinged room on to tables outside, all chiffon summer dresses and open linen shirts. Inside, amid the hum, I spot Tim Snyder looking into the middle distance, like the only motionless object in a long-exposure photograph. He smiles thinly…
Receive free War in Ukraine updates We’ll send you a myFT Daily Digest email rounding up the latest War in Ukraine news every morning. An explosion rocked Russia’s southern port city of Taganrog, injuring several people and causing damage on a scale Russians are unaccustomed to seeing at home 18 months into its full-blown invasion…
Receive free Hermes International SCA updates We’ll send you a myFT Daily Digest email rounding up the latest Hermes International SCA news every morning. French luxury group Hermès has defied an industry-wide slowdown in the US, posting 22 per cent growth in sales across all markets in the first half of the year. Overall revenues…
Receive free Goldman Sachs Group updates We’ll send you a myFT Daily Digest email rounding up the latest Goldman Sachs Group news every morning. Goldman Sachs executive Julian Salisbury is leaving the bank to join Sixth Street Partners, a blow to chief executive David Solomon’s efforts to build up its asset and wealth management division. …
Receive free French economy updates We’ll send you a myFT Daily Digest email rounding up the latest French economy news every morning. German and French inflation slowed this month to the lowest annual rates since Russia’s full-scale invasion of Ukraine, prompting investors to pare back their bets of another interest rate rise from the European…
Receive free Climate change updates We’ll send you a myFT Daily Digest email rounding up the latest Climate change news every morning. China has obstructed G20 climate negotiations, refusing to debate crucial issues such as greenhouse gas emissions targets, according to several people familiar with the talks. The people said Beijing’s stance was backed up…
Receive free Bank of England updates We’ll send you a myFT Daily Digest email rounding up the latest Bank of England news every morning. The Bank of England has asked former US Federal Reserve chair Ben Bernanke to review its economic forecasting after it came under heavy criticism for underestimating inflation. The BoE’s governing body,…
Receive free Vale SA updates We’ll send you a myFT Daily Digest email rounding up the latest Vale SA news every morning. Saudi Arabia has launched its first significant foray into the global mining industry, with a deal to become a minority shareholder in Vale’s $26bn-valued copper and nickel unit. The Brazilian group said on…