Core Viewpoint - Rogers Communications has received approval from the Canadian Radio-television and Telecommunications Commission (CRTC) to acquire Bell's interest in Toronto Raptors Network Ltd (NBA TV Canada), marking a significant step in expanding its ownership of Maple Leaf Sports & Entertainment (MLSE) [1] Group 1: Acquisition Details - The acquisition deal involves Rogers purchasing Bell's stake in MLSE for C$4.7 billion, which will enable Rogers to become the majority owner of MLSE [2] - Rogers has already secured approvals from various sports leagues, including the NHL, NBA, CFL, MLS, and AHL, to increase its ownership stake in MLSE to 75% [1] Group 2: Strategic Importance - The CEO of Rogers, Tony Staffieri, emphasized that live sports and entertainment are central to the company's business strategy, highlighting the prestige of MLSE as a key asset [1]

LIVINGSTON, N.J., June 4, 2025 /PRNewswire/ -- CoreWeave, Inc. (Nasdaq: CRWV), the AI Hyperscaler™, today announced the appointment of Ernie Rogers as Chief Architect of Strategic Financing. Rogers brings decades of expertise in financial strategy and operational leadership. Rogers most recently served as Magnetar's Chief Operating Officer ("COO"), where he led the firm's operations and finances, including managing a diverse array of both back-office and select front-office teams. His leadership helped fost ...

Core Points - Jacob Lewis has won the title of champion on Canada's Got Talent, receiving a cash prize of $1 million from Rogers, marking the largest cash prize in Canadian television history [1][3] - The finale featured various performances, with Lewis impressing judges and the audience with his rendition of "The Best" by Tina Turner [4][11] - Lewis, an offshore oil and gas construction worker from Butlerville, Newfoundland, had previously put his dreams of becoming a full-time singer on hold due to family responsibilities [6][5] Summary by Categories Winner Announcement - Jacob Lewis from Butlerville, NL, is announced as the champion of Canada's Got Talent, winning $1 million from Rogers [3][4] - The announcement was made during a live finale broadcast on Citytv [3] Performance Highlights - Lewis's performance of "The Best" by Tina Turner was a standout moment during the finale, earning him the title [4][11] - Other notable performances included comedy acts by Darren Leo and Sai Kit Lo, as well as musical acts by The Martin Boys and Carsim Birmingham [10][11] Judges' Comments - Judge Howie Mandel expressed that the prize opens doors for extraordinary talent like Lewis to pursue their dreams [5] - Shania Twain highlighted the significance of having the support of the country behind a contestant, emphasizing the emotional impact of the moment [5]

Core Points - The episode of Canada's Got Talent aired on May 6, 2025, where the judges selected the first six acts moving on to the finale, with the public voting for two additional acts until 4 a.m. ET [1][4] - The finale is scheduled for May 13, 2025, at 8 p.m. ET on Citytv and Citytv+ [1] Selected Acts - The first six acts moving to the finale include: - The Martin Boys from Woodstock, New Brunswick [2] - Jacob Lewis from Butlerville, Newfoundland & Labrador, who received Shania Twain's Golden Buzzer [3] - Carsim Birmingham from Vancouver, British Columbia, who received Kardinal Offishall's Golden Buzzer [4] - Nicolina from Vaughan, Ontario, who received Lindsay Ell's Golden Buzzer [5] Voting Process - Canadians can vote for two additional acts from the remaining performances until 4 a.m. ET [1][4] Prize Information - The winner of Canada's Got Talent will receive a cash prize of $1 million, the largest in Canadian television history, along with $50 from Howie Mandel and financial advice from CIBC [6] - Each Golden Buzzer recipient will receive $25,000, totaling $150,000 for all recipients [6]

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Financial Data and Key Metrics Changes - Q1 sales were $191 million, slightly lower sequentially, primarily due to foreign exchange rate changes and seasonality in the portable electronics market [8][22] - Gross margin for Q1 was 29.9%, a decrease of 220 basis points from the previous quarter, attributed to utilization headwinds and unfavorable product mix [24] - Adjusted EPS decreased to $0.27 from $0.46 in Q4, reflecting lower gross margin [22] Business Line Data and Key Metrics Changes - Advanced Electronic Solutions (AES) revenue increased by 2% to $104 million, driven by higher ADAS and aerospace and defense sales [23] - Electronic Materials Solutions (EMS) revenue decreased by approximately 4% to $83 million, impacted by lower portable electronics, EVHEV, and aerospace and defense sales [23] - Sales in the ADAS and industrial markets increased, while EVHEV sales declined in both AES and EMS business units [11][12] Market Data and Key Metrics Changes - The company noted a meaningful increase in opportunities with Chinese OEMs in the ceramic power substrate market [9] - Portable electronics sales declined sequentially due to normal seasonality [14] - The company expects Q2 sales to range between $190 million and $205 million, indicating a 4% increase from Q1 [29] Company Strategy and Development Direction - The company is focused on securing new design wins and improving operational efficiency while navigating the challenges posed by tariffs [31] - A local for local strategy is being implemented to mitigate tariff impacts, with plans to manage inventories and source materials from other countries [16][31] - The company is also prioritizing capital return to shareholders and exploring synergistic M&A opportunities [27][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in navigating current market challenges due to a strong balance sheet and global manufacturing footprint [7][31] - There is uncertainty regarding the impact of tariffs on sales in the second half of the year, but management remains optimistic about long-term growth in the EVHEV market [17][52] - Customer conversations have been constructive, with a focus on collaboration to mitigate potential tariff impacts [45][46] Other Important Information - The company has implemented significant cost improvements, expecting net savings of $25 million in 2025 [20] - Cash at the end of Q1 was $176 million, an increase of $16 million from Q4 [26] - The company plans to reduce capital expenditures to between $30 million and $40 million for the full year [27] Q&A Session Summary Question: How much of the $25 million cost savings is in the Q2 guidance? - Most savings in Q2 are associated with the reduction force and are expected to be around $3 million [36][38] Question: Expectations for Q3 performance? - Improvement in Q3 is anticipated, contingent on portable electronics ramping and inventory issues in the power module market abating [39][40] Question: Customer sentiment regarding tariffs? - Customers are feeling resilient and are open to collaboration to mitigate potential tariff impacts [45][46] Question: Update on the ceramic opportunity pipeline in China? - The company is making good progress with the Kramer facility and has several design wins in the pipeline [50][52] Question: Insights on gross margin expansion in Q2? - Gross margin expansion is expected due to improved mix and ongoing cost management efforts [53][56]

– Stream tonight’s episode of CGT on Citytv+. New episodes available every Tuesday on Citytv and Citytv+ – – Interviews available by request – – Download photography from tonight’s episode here – TORONTO, April 29, 2025 (GLOBE NEWSWIRE) -- On tonight’s episode of Canada’s Got Talent on Citytv, the #CGT judges – Howie Mandel, Shania Twain, Katherine Ryan, Kardinal Offishall – and host Lindsay Ell selected the 14 acts moving on to The Eliminations. They are: BRITISH COLUMBIA TWOFOURSEVEN – Dance, VancouverCAR ...

Forward-looking statements Safe Harbor Statement Q1 2025 Earnings Call APRIL 29, 2025 1 Financial Results: Statements included in this presentation that are not a description of historical facts are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such statements are generally accompanied by words or phrases such as "anticipate," "assume," "believe," "could," "estimate," "expect," "fo ...

Rogers Corp. (ROG) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.24 per share. This compares to earnings of $0.58 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this specialty materials company would post earnings of $0.45 per share when it actually produced earnings of $0.46, delivering a surprise of 2.22%.Over the last four quarter ...

Rogers (ROG) Q1 2025 Earnings Call April 29, 2025 05:00 PM ET Company Participants Steve Haymore - Senior Director of Investor Relations & TreasuryColin Gouveia - President and CEOLaura Russell - CFO, Senior VP & TreasurerDaniel Moore - Director of ResearchCraig Ellis - Director of ResearchDavid Silver - Senior MD & Director - Equity Research Operator Good afternoon. My name is Kevin, and I'll be your conference operator today. At this time, I'd like to welcome everyone to the Rogers Corporation First Quart ...