Core Insights - Proactive provides fast, accessible, and actionable business and finance news content to a global investment audience [2] - The company focuses on medium and small-cap markets while also covering blue-chip companies and broader investment stories [3] - Proactive's news team delivers insights across various sectors including biotech, mining, oil and gas, and emerging technologies [3] Technology Adoption - Proactive is committed to adopting technology to enhance workflows and content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]

Core Insights - The event focuses on the latest clinical results from the ophthalmology portfolio presented at ASOPRS and AAO [2] - The agenda includes a 60-minute session with approximately 40 minutes for presentation and 20 minutes for Q&A [3] Company Overview - Bruno Eschli, Head of Investor Relations, introduced the event and highlighted its significance [2] - Nilesh Mehta, the franchise head for ophthalmology and global product strategy, will present on IL-6 development programs in ophthalmology [3]

CHANDLER, Ariz.--(BUSINESS WIRE)--Rogers Corporation (NYSE: ROG) (the "Company†) today announced that Peter Wallace, Chair of the Board of Directors (the "Board†), has informed the Board of his decision not to stand for re-election at the Company's 2026 Annual Meeting of Shareholders. In anticipation of this transition, the Board has elected Armand Lauzon, an existing member of the Board since 2023, to serve as the next Chair, effective immediately. Mr. Wallace will partner with Mr. Lauzon over. ...

Market Reactions to Tariff Announcements - President Trump announced a 100% tariff on all movies made outside the United States, aiming to rejuvenate the American film industry, which led to a decline in shares for Netflix and Warner Bros Discovery [2][3] - The immediate market reaction included Netflix shares dropping 1.4% and Warner Bros Discovery falling 0.6% on September 29, with previous tariff threats causing even larger declines [3] - Other sectors affected included home furnishings, with Williams-Sonoma and RH experiencing significant drops in share prices due to new tariffs on furniture and lumber [4] Impact on the Pharmaceutical Industry - The pharmaceutical sector faced a potential 100% tariff on branded drugs unless companies agreed to build manufacturing plants in the U.S. or reduce prices [6] - Pfizer secured a three-year reprieve from tariffs by committing to cut U.S. drug prices by up to 85%, resulting in a 6.8% surge in its stock price [7] - Other pharmaceutical companies, including Roche and Novartis, also saw stock gains following the Pfizer deal, indicating a positive market response to tariff negotiations [8][9] Agricultural Sector Developments - President Trump announced a meeting with Chinese President Xi Jinping to discuss agriculture, which is expected to be a major topic, particularly regarding soybean purchases [10] - Following hints of positive trade developments, soybean prices rebounded, with November soybeans rising 1.3% to $10.15 1/4 a bushel on October 1 [11] - The volatility in soybean prices reflects the market's sensitivity to trade news, with previous declines occurring after a lack of concrete outcomes from Trump-Xi communications [11] Regulatory Changes in Banking - The Trump administration is proposing significant changes to U.S. capital rules, aiming to reduce regulatory burdens on banks, which could lead to a decrease in capital requirements [12][13] - While large banks like JPMorgan Chase and Bank of America may face challenges from lower interest margins, the overall sentiment in the banking sector remains optimistic about potential deregulation [13] - Critics warn that these changes could leave the financial system vulnerable, estimating a potential $200 billion reduction in banking system capital [13] Overall Market Trends - Major indices, including the Dow Jones and S&P 500, have generally continued to rise despite the volatility caused by tariff announcements and trade negotiations [15] - The market is experiencing a "stagflation-lite" scenario, with predictions of higher inflation and unemployment linked to the ongoing tariff impacts [15] - Investors are left questioning the sustainability of market gains amid the unpredictable nature of presidential announcements and their effects on various sectors [16]

Core Viewpoint - Rogers Communications Inc. is set to release its third quarter 2025 financial results on October 23, 2025, before the opening of North American financial markets [1] Group 1: Financial Results Announcement - The financial results will be distributed via newswire and made available on the company's investor relations website [1] - A teleconference will be held at 8:00 a.m. ET on the same day to discuss the results and future outlook with the investment community [1] Group 2: Teleconference Access - A live webcast of the teleconference will be accessible on the Investor Relations section of Rogers' website [2] - Participants can join the teleconference by calling 416-639-5883 or 1-844-282-4459 toll-free in Canada/USA, using passcode 3793238 [2] Group 3: Post-Teleconference Information - An archive of the presentation will be available on the investor relations website after the teleconference [3] - A telephonic re-broadcast will be available for two weeks post-teleconference at 1-855-669-9658, with access code 7368124 [3] Group 4: Company Overview - Rogers is recognized as Canada's leading communications and entertainment company, with shares traded on both the Toronto Stock Exchange and the New York Stock Exchange [4]

Core Insights - The event is titled "Pharma Day 2025" and is being held in London with a record attendance both in-person and online [1] Session Overview - The agenda includes two sessions: a 2-hour morning session focused on strategy and a 2-hour, 10-minute afternoon session centered on the evolving pipelines across five therapeutic areas [2] - Each session will conclude with a 30-minute Q&A segment, allowing participants to engage and ask questions both in the room and via the web [2]

Core Insights - Rogers is launching the latest iPhone generation, Apple Watch Series 11, and AirPods Pro 3, featuring advanced technology and improved durability [1][2][3] Product Launch Details - Pre-orders for the new iPhone models start on September 12, with availability on September 19; Apple Watch and AirPods Pro 3 will also be available on September 19 [2] - The iPhone 17 series includes four models: iPhone 17, iPhone Air, iPhone 17 Pro, and iPhone 17 Pro Max, all featuring advanced camera systems and improved battery life [1][5][7] - Apple Watch Series 11 offers sleep score tracking and enhanced battery life, while AirPods Pro 3 boasts superior sound quality and noise cancellation [10][13] Network and Service Offerings - Rogers promotes its 5G+ network as the most reliable in Canada, covering over 2,500 communities [3][4] - The company offers family plans with additional line discounts and exclusive perks, such as cashback on purchases and discounts on roaming services [3][4] Technical Specifications - iPhone 17 features a 48MP Dual Fusion camera system, ProMotion display up to 120Hz, and Ceramic Shield 2 for enhanced scratch resistance [5] - iPhone Air is the thinnest model with a new design powered by Apple silicon, featuring the A19 Pro chip for efficiency [6] - iPhone 17 Pro models support ProRes RAW and genlock for advanced video capabilities [7][8] - Apple Watch Ultra 3 includes satellite communications for emergency messaging and superior GPS accuracy [11] Health and Fitness Features - Apple Watch Series 11 enhances health tracking with sleep insights and a robust suite of health features [10] - AirPods Pro 3 introduces heart rate sensing and workout tracking capabilities, along with Live Translation for multilingual conversations [13]

Group 1 - The wireless business in Canada has experienced a significant step down in the pricing environment over the past 18 to 24 months [1] - Despite fluctuations, the pricing situation has remained relatively stable, with ongoing discussions about customer repricing [1] - There is a focus on the journey of repricing customers who joined at higher plan levels, raising questions about the potential for ARPU (Average Revenue Per User) weakness to improve in the near future [1]

Company Performance - Rogers Corp. reported quarterly earnings of $0.34 per share, missing the Zacks Consensus Estimate of $0.50 per share, and down from $0.69 per share a year ago, representing an earnings surprise of -32.00% [1] - The company posted revenues of $202.8 million for the quarter ended June 2025, surpassing the Zacks Consensus Estimate by 2.68%, but down from $214.2 million year-over-year [2] - Over the last four quarters, Rogers Corp. has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Rogers Corp. shares have lost approximately 34.7% since the beginning of the year, contrasting with the S&P 500's gain of 8.2% [3] - The current status of estimate revisions translates into a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] Future Outlook - The current consensus EPS estimate for the coming quarter is $0.88 on revenues of $201.4 million, and for the current fiscal year, it is $2.13 on revenues of $783.8 million [7] - The outlook for the industry, specifically the Electronics - Miscellaneous Components sector, is currently in the top 31% of over 250 Zacks industries, suggesting a favorable environment for stock performance [8]

Financial Data and Key Metrics Changes - Sales increased by 6.5% from the prior quarter, driven by stronger demand in industrial portable electronics, aerospace and defense, and ADAS end markets [8][22] - Adjusted EPS rose to $0.34 from $0.27 in Q1, reflecting improvements in sales and gross margin [22] - Gross margin for Q2 was 31.6%, an increase of 170 basis points from Q1, attributed to higher sales and favorable product mix [25] Business Line Data and Key Metrics Changes - AES revenues increased by 4.6% and EMS revenues were up 8.2% quarter on quarter [22] - Industrial markets showed the strongest performance, increasing at a double-digit rate compared to the prior quarter [23] - ADAS sales increased for the third consecutive quarter, indicating ongoing traction with existing customers [24] Market Data and Key Metrics Changes - The EV market in North America and Europe has seen downgraded growth projections, leading to inventory corrections and stagnation in production levels [13] - In contrast, EV production in China has remained on track, resulting in significant market share gains for local manufacturers [14] Company Strategy and Development Direction - The company aims to enhance speed of execution and accountability to create a more dynamic organization [7] - A local for local manufacturing strategy is being implemented, with plans to ramp up manufacturing capabilities in China while reducing capacity in Europe [15] - The focus will be on organic growth and operational improvements to drive top-line revenue [36] Management's Comments on Operating Environment and Future Outlook - Management acknowledges challenges in the EV market but remains optimistic about growth opportunities in electrification and other key end markets [16][17] - The company expects modest revenue growth in Q3, with stronger increases in gross margin and adjusted EPS due to ongoing cost containment initiatives [8][30] Other Important Information - A net loss of $73.6 million was recorded, including restructuring costs and a non-cash impairment charge related to the ceramic business [22] - The company anticipates restructuring costs associated with European operations to be between $12 million and $20 million, with annual run rate savings projected to exceed $13 million [32] Q&A Session Summary Question: What are the top priorities for the next 6 to 12 months? - Management emphasized the need for internal cost initiatives and operational improvements to enhance responsiveness to customer needs [36][37] Question: When do you expect to return to consolidated organic revenue growth year over year? - Management is focused on aggressive top-line growth and anticipates meaningful growth quarter after quarter, but specific timelines were not disclosed [39][40] Question: Can you provide examples of how to accelerate speed of execution? - Management highlighted the need to reduce lead times by 50-60% and to accelerate the development of next-generation products [46][48] Question: What is the cumulative cost savings expected from the recent restructuring? - Management confirmed that cumulative cost savings could reach approximately $45 million, but the timing of realization will vary [50][51]