高盛还指出，富国银行能够通过发行优先股来进一步增加资产负债表容量，预计该优先股的 ROTCE 可 达到 11%-15%。通过发行优先股并将资金投入到传统银行业务和交易业务中，富国银行有望实现资产 的进一步增长，并获得可观的回报。 高盛维持对富国银行的"买入"评级，并给出了 12 个月 76.00 美元的目标价，该目标价基于 2026 年预期 每股收益的 11.5 倍市盈率。不过，高盛也提醒投资者注意潜在风险，包括贷款增长放缓以及可能面临 的额外监管措施。 综上所述，高盛这份研报为投资者呈现了一个在资产上限解除后，迎来全新发展机遇的富国银行。从财 务表现、资产负债表容量、效率比率改善以及偏好股权融资等多个角度来看，富国银行都展现出巨大的 发展潜力和投资价值。然而，投资者仍需关注相关风险，谨慎做出投资决策。 同时，其市盈率(P/E)将从 2024 年的 11.0 倍逐步上升至 2025 年的 13.4 倍，随后有所下降;市净率(P/B) 则将从 2024 年的 1.4 倍缓慢降至 2027 年的 1.2 倍。资产回报率(ROA)和股东权益回报率(ROE)也将呈现 稳步提升态势，其中 ROE 将从 2024 年的 ...

如果您希望可以时常见面，欢迎标星收藏哦~ 意法半导体首席执行官周三表示，预计未来三年将有 5,000 名员工离职，其中包括今年早些时候 宣布的 2,800 个裁员计划。 让-马克·切里 (Jean-Marc Chery) 在法国巴黎银行于巴黎主办的一场活动上表示，约有 2,000 名员 工将因自然减员离开这家法意芯片制造商，使自愿离职的员工总数达到 5,000 人。 首席执行官补充说，与利益相关者和当局就实施削减成本计划的讨论正在顺利进行。 他显然指的是意大利，他说道："我确实认为，某个国家的情况更糟。而且很有可能，好吧，会稍 微延缓我们的实施速度。"切瑞说道。 过去几个月，由于意法半导体在其主要市场面临持续低迷，意大利政府对该公司首席执行官表示不 满，并指控其进行内幕交易。意法半导体否认了这些指控。 意大利和法国政府通过一家控股公司持有意法半导体 27.5% 的股份，该公司在全球拥有 50,000 名员工。 去年 11 月，意法半导体详细制定了其成本削减计划，预计到 2027 年将节省数亿美元，其中包括 裁员和提前退休。 来源：内容综合自路透社等 。 今年 4 月，意法半导体表示，由于自愿离职，该公司将在法 ...

【陈述】 一、李斌： 第一季度，公司交付了42094辆智能电动汽车，同比增长4.1%。这包括蔚来交付的27313辆和ONVO交付的 14781辆。自第二季度以来，公司的交付量逐月增加，得益于ET9和ET5的顺利交付以及ONVOL60需求的增 长。4月和5月的总交付量为23923辆。5月底，我们成功推出了新款ES6、EC6、ET5和ET5T，并开始交付。 我们预计第二季度的总交付量将在72000到75000辆之间，同比增长25.5%到30.7% 。 在财务方面，公司继续在所有方面进行成本削减工作，实现了汽车成本毛利率和整体成本毛利率的同比增 长。 产品、研发和运营方面的一些最新进展： 对于蔚来品牌，蔚来行政旗舰轿车ET9的交付量在中国超过了宝马7系和奥迪A8L。这是中国品牌首次在长期 由BBA主导的高端行政细分市场取得突破。5月16日，我们推出了新款ES6和EC6，并于5月20日开始交付。5 月25日，新款ET5和ET5T发布，并于5月27日开始交付。这些升级车型提供了更高的感知价值和产品实力，以 及成本方面的重大改进。 对于ONVO品牌，自4月以来，ONVO进行了一系列运营和组织调整，显著提高了销售团队的生产 ...

另据路透社报道，日产已开始向美国工人提供买断服务，并暂停了全球范围内基于绩效的工资增长。值 得一提的是，包括前CEO内田诚等4名高管离职所获得报酬达6.46亿日元（约合人民币3191万元）。 【文/观察者网 潘昱辰 编辑/高莘】据彭博社5月28日报道，深陷财务困境的日产汽车正在考虑通过贷款 和资产出售，筹集超过1万亿日元（约合人民币493.8亿元），其中包括由英国政府担保的银团贷款。 日产英国桑德兰工厂日产汽车 对于以上传闻，日产的一位代表表示，该公司不对猜测置评。英国出口金融公司也表示，对围绕具体交 易的猜测不予置评。 除此之外，日产也在考虑出售其在联盟伙伴雷诺汽车和电池制造商远景动力所持的部分股份，并正在考 虑关闭两家位于日本的汽车装配厂，以及包括墨西哥和南非在内的海外工厂，作为其削减成本计划的一 部分。 据彭博社援引其看到的文件称，日产计划发行价值高达6300亿日元（约合人民币311亿元）的可转换证 券和债券，包括高收益的美元和欧元票据。 另一方面，日产还考虑获得由英国出口金融公司担保的10亿英镑（约合人民币96.8亿元）的银团贷款。 英国出口金融公司是一个政府机构，主要为英国出口商提供贷款和保险。 不 ...

IM Cannabis (IMCC) Q1 2025 Earnings Call May 15, 2025 09:00 AM ET Company Participants Anna Taranko - Director - Investor & Public RelationsOren Shuster - CEO & ChairmanUri Birenberg - Chief Financial Officer Conference Call Participants None - Analyst Operator Good morning, and welcome to I'm Cannabis' First Quarter twenty twenty five Earnings Conference Call. Today's conference call is being recorded. At this time, I would like to turn the conference over to Anna Taranko, Director of Investor and public r ...

Financial Data and Key Metrics Changes - In Q1 2025, the company achieved a net profit with an 87% improvement in gross margin compared to Q1 2024 [5] - Adjusted EBITDA in Q1 2025 resulted in a profit of $600,000, an improvement of almost $3,000,000 from an adjusted EBITDA loss of $2,200,000 in Q1 2024 [8] - Revenues for Q1 2025 were $12,500,000, a 4% increase from $12,100,000 in Q1 2024, primarily driven by growth in Germany [8][10] - Gross profit for Q1 2025 was $3,400,000, a 94% increase from $1,800,000 in Q1 2024 [10] - Net profit for Q1 2025 was approximately $200,000, compared to a loss of $6,000,000 in Q1 2024, marking a $6,200,000 improvement [11] Business Line Data and Key Metrics Changes - The German business grew by 569% compared to Q1 2024, significantly offsetting a 66% revenue decline in Israel [6][8] - The company launched 12 new strains in Germany, contributing approximately €3,000,000 or 39% of cannabis flower sales in that market [5] - The decline in Israeli revenue was attributed to the cancellation of the Orenin deal, resulting in a decrease of approximately $3,500,000 compared to Q1 2024 [9] Market Data and Key Metrics Changes - Germany's share of total revenue in Q1 2025 increased to 62%, reflecting favorable market conditions and growing demand [9] - The cost of revenue decreased by 12% to $9,100,000 in Q1 2025, down from $10,300,000 in Q1 2024 [9] Company Strategy and Development Direction - The company is focusing on execution and resource allocation to areas with the highest return on investment (ROI) [5] - The strategic shift towards the German market is evident, with significant growth in that region while managing operational efficiencies [6][8] Management's Comments on Operating Environment and Future Outlook - Management expressed pride in the team's efforts and noted that the efficiencies and integration from the past two years are starting to reflect in financial results [6][11] - The company aims to continue executing its strategy and maintain profitability moving forward [7] Other Important Information - Total assets as of March 31, 2025, were $44,934,000, an increase of 15% from $39,188,000 as of December 31, 2024 [11] - Total liabilities increased by 16% to $41,761,000 as of March 31, 2025, compared to $36,042,000 as of December 31, 2024 [12] Q&A Session Summary Question: Importance of the upcoming meeting for accepting 25% ownership of Focus - Management indicated that this is a long process on the regulatory side and is crucial for clearing balances between companies and moving long-term loans to equity [17][18] - The need to hold 100% of the Focus shares is based on tax regulations to avoid issues with tax authorities [19]

来源：ITALDESIGN 编 译 / 钱亚光 设 计 / 张 萌 来 源 / w w w. a u t o n e w s. c o m , w w w. c o r r i e r e . i t , w w w. c a r r o z z i e r i - i t a l i a n i . c o m 据意大利媒体报道，大众汽车集团旗下的奥迪品牌已将其意大利设计与工程公司 Italdesign公司挂 牌出售。此举是其大规模削减成本措施的一部分。这一举动引发了员工和行业观察人士的担忧，他 们对这家具有标志性意义的公司的未来表示担忧。 ↓这款楔形的莲花 Esprit 轿车是在 1975 年的巴黎车展上推出的，其设计者是吉奥吉托·乔治亚罗，他是意大利设计 公司 Italdesign 的联合创始人。 出售 Italdesign 的这一决定正值大众集团面临转型挑战之际。尽管电动汽车销量有所增长，但大众 集团首席执行官奥博姆（Oliver Blume）正推动整个集团进行成本削减措施的实施。因为欧洲市场 形势不佳，且来自中国汽车制造商的竞争日益激烈。 ↓ 最初的高尔夫由Italdesign打造 今年第一季度，奥 ...

Drilling Tools International (DTI) Q1 2025 Earnings Call May 14, 2025 10:00 AM ET Company Participants Ken Dennard - Investor RelationsWayne Prejean - CEO & PresidentDavid Johnson - Chief Financial OfficerJosh Jayne - Managing Director Conference Call Participants Steve Ferazani - Senior Equity Analyst - Diversified Industrials & Energy Operator Greetings, and welcome to the Drilling Tools International First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen ...

IRIDEX (IRIX) Q1 2025 Earnings Call May 13, 2025 05:00 PM ET Company Participants Philip Taylor - PrincipalPatrick Mercer - CEO, President & DirectorRomeo Dizon - CFO Operator Ladies and gentlemen, thank you for standing by. My name is Desiree, and I will be your conference operator today. At this time, I would like to welcome everyone to the First Quarter twenty twenty five IRIDEX Earnings Conference Call. All lines have been placed on mute to prevent any background noise. Thank you. I would now like to tu ...

Core Insights - Topgolf Callaway Brands Corp. (MODG) reported first-quarter 2025 results with earnings and revenues exceeding the Zacks Consensus Estimate, although total revenues declined year over year by 4.5% [1][4] - The company is divesting its Jack Wolfskin business to focus on core operations, improve resource allocation, and strengthen its balance sheet and liquidity [2] - Management remains optimistic about maintaining full-year revenue and adjusted EBITDA guidance, supported by a strong start to the year and favorable currency trends [3] Financial Performance - Adjusted earnings per share (EPS) for Q1 2025 was 11 cents, surpassing the Zacks Consensus Estimate of 4 cents, compared to 8 cents in the prior-year quarter [4] - Total revenues reached $1.09 billion, beating the consensus estimate by 3.1% [4] - Adjusted net income for the quarter was $20.3 million, up from $14.4 million in the prior-year quarter [8] Segment Performance - **Topgolf Segment**: Revenues were $393.7 million, down 6.8% from $422.8 million year-over-year, with an operating loss of $11.9 million compared to an income of $2.9 million in the prior-year quarter [5] - **Golf Equipment Segment**: Revenues were $443.7 million, a slight decline of 0.3% from $449.9 million year-over-year, with operating income increasing to $101.6 million from $82.1 million [6] - **Active Lifestyle Segment**: Revenues were $254.9 million, down 4.7% from $271.5 million year-over-year, attributed to the downsizing of the Jack Wolfskin business, though partially offset by growth in China [7] Cost Management and Outlook - Total costs and expenses for Q1 2025 were $1.03 billion, down from $1.08 billion in the prior-year period [8] - For Q2 2025, the company expects revenues between $1.075 billion and $1.115 billion, with adjusted EBITDA projected between $139 million and $159 million [11] - For the full year 2025, revenues are anticipated to be in the range of $4 billion to $4.19 billion, with Topgolf revenues expected between $1.68 billion and $1.79 billion [12]