Group 1 - The article discusses the role of Ernest Hoffman as a Crypto and Market Reporter for Kitco News, highlighting his extensive experience in market news since 2007 [3] - It mentions Hoffman's background in establishing a broadcast division for CEP News in Montreal, which developed a fast web-based audio news service [3] - The article notes Hoffman's educational qualifications, including a Bachelor's degree in Journalism from Concordia University [3]

HUNTSVILLE, AL, July 18, 2024 (GLOBE NEWSWIRE) -- Serina Therapeutics, Inc. ("Serina") (NYSE American: SER), a clinical-stage biotechnology company developing its proprietary POZ Platform™ drug delivery technology, today announced the appointment of Dr. Srini Tenjarla as the new Senior Vice President of CMC (Chemistry, Manufacturing, and Controls) and Formulation. Dr. Tenjarla brings over 20 years of extensive experience in drug development to Serina. "We are thrilled to welcome Dr. Tenjarla to our team," s ...

Nose-to-Brain Drug Delivery Shows Promising Patient Safety and Therapeutic Benefit SARASOTA, FL, July 18, 2024 (GLOBE NEWSWIRE) -- Silo Pharma, Inc. (Nasdaq: SILO) ("Silo" or the "Company"), a developmental stage biopharmaceutical company focused on developing novel formulations and drug delivery systems for traditional therapeutics and psychedelic treatments, today announced it has entered into a Device and CMC Development Master Plan with Resyca BV, a medical technology provider. Resyca is a joint venture ...

NEW YORK, June 26, 2024 /PRNewswire/ -- BrainStorm Cell Therapeutics Inc. (NASDAQ: BCLI), a leading developer of adult stem cell therapeutics for neurodegenerative diseases, today announced it has reached alignment with the U.S. Food and Drug Administration (FDA) on the Chemistry, Manufacturing, and Controls (CMC) aspects of Brainstorm's Phase 3b clinical trial for NurOwn®, its investigational therapy for amyotrophic lateral sclerosis (ALS). "This in-person Type C meeting with the FDA was an important step ...

NOTE 8. DERIVATIVES The decrease in fair value of the Company's commodity derivatives reported within other noncurrent assets is primarily due to the decrease in the value of a significant input used to measure the fair value of the Company's Level 3 commodity derivatives at May 31, 2024 as compared to August 31, 2023. See Note 9, Fair Value, for further discussion of the measurement of the fair value of the Company's Level 3 commodity derivatives. | --- | --- | --- | --- | --- | --- | --- | --- | |-------- ...

Hello and welcome, everyone, to the third quarter fiscal 2024 earnings call for CMC. Joining me on today's call are Peter Matt, CMC's President and Chief Executive Officer, and Paul Lawrence, Senior Vice President and Chief Financial Officer. Today's materials, including the press release and supplemental slides that accompany this call, can be found on CMC's Investor Relations website. Today's call is being recorded. After the company's remarks, we will have a question and answer session, and we will have ...

Hello and welcome, everyone, to the third quarter fiscal 2024 earnings call for CMC. Joining me on today's call are Peter Matt, CMC's President and Chief Executive Officer, and Paul Lawrence, Senior Vice President and Chief Financial Officer. Today's materials, including the press release and supplemental slides that accompany this call, can be found on CMC's Investor Relations website. Today's call is being recorded. After the company's remarks, we will have a question and answer session, and we will have ...

The Zacks Consensus Estimate for the company's earnings per share is pegged at 17 cents for the second quarter, suggesting a decline of 15% from the year-ago reported figure. The Zacks Consensus Estimate for total revenues is pinned at $3.32 billion, indicating a year-over-year decrease of 10.1%. Ternium S.A. (TX) is expected to release second-quarter 2024 results soon. The Zacks Consensus Estimate for the company's earnings per share is pegged at $1.54 for the fiscal second quarter, suggesting a decline of ...

Financial Data and Key Metrics Changes - CMC reported net earnings of $119.4 million or $1.02 per diluted share on net sales of $2.1 billion, compared to $234 million and $1.98 per diluted share in the prior year [6][27] - Consolidated core EBITDA for the quarter was $256.1 million, down from $384.5 million in the prior year, with a core EBITDA margin of 12.3% [11][27] - The net debt-to-EBITDA ratio improved to 0.5 times, while net debt to capitalization is only 9% [29] Business Line Data and Key Metrics Changes - North American Steel Group generated adjusted EBITDA of $246.3 million, with a margin of 14.7%, down from 20.2% in the prior year due to lower margin over scrap costs [43] - The Emerging Business Group reported net sales of $188.6 million and adjusted EBITDA of $38.2 million, unchanged year-over-year, but up 20.9% sequentially [44] - The Europe Steel Group reported an adjusted EBITDA loss of $4.2 million, an improvement from a loss of $8.6 million in the prior quarter [12] Market Data and Key Metrics Changes - Construction activity in North America remains healthy, with a seasonal uplift in rebar demand and stable to moderately improving steel product margins [7][8] - The Dodge Momentum Index remains 40% above pre-pandemic levels, indicating a strong pipeline of future construction projects [7] - In Europe, the Polish market is showing signs of recovery, with GDP growth expected to reach nearly 3% in 2024 [9] Company Strategy and Development Direction - CMC aims to achieve sustainably higher margins through operational excellence, pursue organic growth opportunities, and consider inorganic growth to broaden its commercial portfolio [22] - The company is focused on capital allocation that balances growth investments and shareholder returns, having returned approximately $186 million to shareholders in the first three quarters of fiscal 2024 [45] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the favorable business environment driven by structural demand trends in North America, which are expected to support construction activity for years [5][31] - The company anticipates stable financial results in the fourth quarter, with flat finished steel shipments in North America and continued improvement in Europe [46] Other Important Information - CMC is reducing its fiscal 2024 capital spending outlook to between $400 million and $425 million, down from a previous estimate of $550 million to $600 million [13] - The company is experiencing a significant housing shortage in the U.S., estimated at 1.5 million to 3 million units, which could drive future rebar consumption [8] Q&A Session Summary Question: What is the pricing and margin outlook for North American downstream products? - Management expects margins to remain relatively stable, despite potential downward pricing trends due to historical pricing contracts [48] Question: How should we think about total CapEx for next year? - Initial guidance suggests CapEx for 2025 will likely increase to around $600 million to $650 million [49] Question: What is the market situation in the U.S. regarding construction? - Management noted strong bidding levels and bookings, with stable margins despite some erosion in pricing and scrap costs [54][55] Question: How does the M&A pipeline look, especially in Europe? - Management is exploring opportunities in early-stage construction solutions and is cautious about growth in Europe due to challenging market conditions [64][76] Question: What is the exposure to interest rates in construction? - Approximately half of the portfolio has some exposure to interest rates, with infrastructure demand remaining strong while non-residential and residential sectors are more sensitive [81] Question: What is the expected ramp-up for the Arizona mill? - The Arizona mill is expected to achieve 75% capacity utilization on average for the year, with a focus on rebar production initially [40][77]

Scopes 1&2 Greenhouse Gas Emissions (GHG) Intensity 2.2 1.8 1.0 0.42 Integrated Average Global Average U.S. Average CMC tCO2e per MT of steel 17 Balance Sheet Strength Debt maturity profile provides strategic flexibility Debt Maturity Profile Q3 FY'24 Liquidity (US$ in millions) (US$ in millions) $599 $698 Revolver Cash and Cash Equivalents $45 $150 Poland Credit Facilities Poland Accounts Receivable Facility $300 $300 $300 $145 $600 2024 2025 2026 2027 2028 2029 2030 2031 2032 2047 Revolving Credit Facilit ...