Core Viewpoint - Alcoa Corp is planning to sell 10 of its closed or curtailed sites to the data centre industry, with the first sale expected by the end of June [1] Group 1: Company Strategy - Alcoa's CEO, Bill Oplinger, stated that the company is focused on maximizing value and minimizing liabilities when selling assets [1] - The company is exploring the potential impact of AI on the valuations of its individual sites [1] Group 2: Market Context - Aluminium producers face competition for electricity supplies from data centres, which are energy-intensive [1] - High aluminium prices have not diminished demand in the U.S., but low alumina prices have resulted in 50% of global refineries being cash negative [1] - This situation is expected to lead to cutbacks in alumina production, although Alcoa does not plan to reduce its output [1]

Genworth Financial (NYSE:GNW) Q4 2025 Earnings call February 24, 2026 09:00 AM ET Company ParticipantsChristine Jewell - Head of Investor RelationsJerome Upton - CFOSamir Shah - President and CEO of CareScout ServicesTom McInerney - President and CEOOperatorGood morning, ladies and gentlemen, and welcome to Genworth Financial's fourth quarter 2025 earnings conference call. My name is Lisa, and I'll be your coordinator today. At this time, all participants are in a listen-only mode. We will facilitate a ques ...

Financial Data and Key Metrics Changes - Genworth reported net income of $2 million and Adjusted Operating Income of $8 million for Q4 2025, driven by strong performance from Enact, which contributed $146 million to Adjusted Operating Income, partially offset by a loss of $114 million in the closed block, primarily from LTC [4][21] - For the full year 2025, Adjusted Operating Income was $144 million, with Enact contributing $558 million, while the Closed Block segment reported an adjusted operating loss of $317 million [23][24] Business Line Data and Key Metrics Changes - Enact's Adjusted Operating Income for Q4 was $146 million, with a net reserve release of $60 million, while the Closed Block reported an adjusted operating loss of $114 million, primarily due to LTC [21][22] - The LTC segment experienced an adjusted operating loss of $326 million for the year, driven by a remeasurement loss and unfavorable actual-to-expected experience [23][24] Market Data and Key Metrics Changes - The CareScout Quality Network expanded to approximately 790 home care providers with over 1,000 locations, covering 97% of the U.S. population aged 65 and older, facilitating 925 matches in Q4 and ending the year with 3,255 matches, significantly exceeding targets [9][10] - CareScout launched its inaugural standalone LTC insurance product, Care Assurance, in 40 states, aiming for disciplined, scalable growth in the LTC insurance market [12] Company Strategy and Development Direction - Genworth's strategic priorities include creating shareholder value through Enact, advancing CareScout as a long-term growth strategy, and managing the closed block of business focused on existing policyholders [5][13] - The company is leveraging technology and AI to enhance customer service and operational efficiency, aiming to redefine long-term care delivery [8][17] Management's Comments on Operating Environment and Future Outlook - Management highlighted the growing bipartisan focus on healthcare affordability and the sustainability of public programs like Medicaid, emphasizing the need for flexible insurance and support services in the LTC market [16][17] - The company expects to continue scaling CareScout and anticipates significant value creation through its integrated approach to services and insurance [13][44] Other Important Information - Genworth ended Q4 with $234 million in cash and liquid assets, maintaining a disciplined capital structure and a cash interest coverage ratio of approximately 8 times [38][40] - The company secured $100 million in gross incremental LTC premium approvals in Q4, with average premium increases of 35.6% for the year [14] Q&A Session Summary Question: Importance of offering both services and insurance under CareScout - Management emphasized that CareScout is uniquely positioned to deliver the full value chain in the fragmented LTC market, helping families navigate care needs and providing affordable options through its Quality Network [46][47] Question: How CareScout supports consumers - Management noted that CareScout Services will assist the aging baby boomer population in determining care needs and finding providers, while CareScout Insurance will cater to their children and grandchildren, who will face the challenges of LTC costs [47][48]

HealthStream (NasdaqGS:HSTM) Q4 2025 Earnings call February 24, 2026 09:00 AM ET Speaker3Good morning, and welcome to HealthStream's fourth quarter and full year 2025 earnings conference call. At this time, I would like to inform you that the conference is being recorded and that all participants are in listen-only mode. At the request of the company, we will open the conference up for questions and answers after the presentation. I would now like to turn the conference over to Mollie Condra, Head of Invest ...

Genworth Financial (NYSE:GNW) Q4 2025 Earnings call February 24, 2026 09:00 AM ET Speaker2Good morning, ladies and gentlemen, and welcome to Genworth Financial's fourth quarter 2025 earnings conference call. My name is Lisa, and I'll be your coordinator today. At this time, all participants are in a listen-only mode. We will facilitate a question and answer session towards the end of this conference call. As a reminder, the conference is being recorded for replay purposes. Also, we ask that you refrain from ...

Core Insights - L3Harris Technologies, Inc. has secured its largest full-rate production contract for submarine communication systems, marking a significant milestone for the company [1] - The contract involves supplying 26 shipsets to General Dynamics Electric Boat for Virginia and Columbia-class submarines, with production continuing until 2033 and options for further expansion [2] Contract Details - The contract includes a follow-on agreement for ongoing production of submarine communication systems, with potential extensions for additional Columbia-class submarines and allied navies [2] - Additionally, L3Harris has obtained a $400 million contract from the Missile Defense Agency for producing solid rocket boost motors and Liquid Divert and Attitude Control Systems [2] Product Significance - The solid rocket boost motors are essential for the initial launch phase of the THAAD interceptor missile, while the Liquid Divert and Attitude Control Systems ensure precise targeting during the final intercept stages [4] - The THAAD system has achieved a 100% success rate in intercept tests, underscoring its importance for national security [5] Financial Impact - The new contracts are expected to enhance L3Harris Technologies' backlog in the Airborne Systems segment, which is projected to exceed $38.7 billion by 2025 [5] - The company provides comprehensive technology solutions across various domains, including air, land, space, sea, and cyber, contributing to national security [5]

The Bank of Nova Scotia (NYSE:BNS) Q1 2026 Earnings call February 24, 2026 08:00 AM ET Company ParticipantsAris Bogdaneris - Group Head, Canadian BankingEbrahim Poonawala - Head Managing Director of American Banks ResearchFrancisco Aristeguieta - Group Head, International & Global Transaction BankingGabriel Dechaine - Managing Director, Equity ResearchMeny Grauman - Head of Investor RelationsRajagopal Viswanathan - CFOScott Thomson - CEOShannon McGinnis - Chief Risk OfficerTravis Manchin - Managing Director ...

The Bank of Nova Scotia (NYSE:BNS) Q1 2026 Earnings call February 24, 2026 08:00 AM ET Company ParticipantsAris Bogdaneris - Group Head, Canadian BankingEbrahim Poonawala - Head Managing Director of American Banks ResearchFrancisco Aristeguieta - Group Head, International & Global Transaction BankingGabriel Dechaine - Managing Director, Equity ResearchMeny Grauman - Head of Investor RelationsRajagopal Viswanathan - CFOScott Thomson - CEOShannon McGinnis - Chief Risk OfficerTravis Manchin - Managing Director ...

The Bank of Nova Scotia (NYSE:BNS) Q1 2026 Earnings call February 24, 2026 08:00 AM ET Speaker12Ladies and gentlemen, this conference is being recorded.Speaker10Good morning, welcome to Scotiabank's Q1 2026 results presentation. My name is Meny Grauman, and I'm Head of Investor Relations. Presenting to you this morning are Scott Thomson, Scotiabank's President and Chief Executive Officer, Rajagopal Viswanathan, our Chief Financial Officer, and Shannon McGinnis, our Chief Risk Officer. Following our comments ...

Fourth Quarter 2025 Earnings Call February 24, 2026 Confidential and Proprietary Disclosures Forward-looking Statements Our discussions today, including this presentation and any comments made by management, contain "forward-looking statements" within the meaning of the U.S. federal securities laws. Any statements that refer to future events or circumstances, including our future strategies or results, or that are not historical facts, are forward-looking statements. Actual results could differ materially f ...