ATLANTA and NEW YORK, June 4, 2025 /PRNewswire/ -- SouthStar Energy Services, one of the nation's leading natural gas marketing companies, today announced that it has become the first retail energy marketer in the U.S. and one of the first companies in the energy industry to pilot a new methane and greenhouse gas emissions tracking tool called MiQ's MethaneScout™.Developed by a global leader in methane emissions certification, MiQ, the platform can help SouthStar assess the emissions of its delivered natura ...

VANCOUVER, British Columbia, June 04, 2025 (GLOBE NEWSWIRE) -- Vancouver, BC – ANORTECH INC. (“AnorTech” or the “Company”) (TSX Venture Exchange “ANOR”; OTC “ANORF”) is pleased to announce the successful completion of the latest phase of its research and development (R&D) program focused on producing sustainable cement products using anorthosite from the Company’s Gronne Bjerg Project in Greenland. The program, conducted by the Danish Technological Institute (DTI) in Copenhagen, focused on three high-potent ...

Annamycin delivering better performance 7th line than would be expected even in 2nd line for monotherapy Responders (Stable Disease or Partial Response) after 2 cycles of Annamycin showed improvement in OS and Progression Free Survival (“PFS”) Clinical Benefit Rate (“CBR”) was 59.4% (n=32), comprised of 18 subjects with stable disease and 1 subject with a partial response Potential to address 13,500 new incidents of STS each year and market opportunity expected to grow to $2.6B by 20301 On-demand video we ...

Based on market research, inguinal hernia repair is the most common type of hernia repairMALVERN, Pa., June 03, 2025 (GLOBE NEWSWIRE) -- TELA Bio, Inc. (NASDAQ: TELA), a commercial-stage medical technology company focused on providing innovative soft-tissue reconstruction solutions, today announced the European launch of OviTex Inguinal Reinforced Tissue Matrix, the only reinforced tissue matrix specifically engineered for laparoscopic and robotic-assisted inguinal hernia repair. This milestone follows the ...

Market Reactions - Markets are showing resilience to tariff news, indicating a shift in investor sentiment compared to previous months when volatility was high at the slightest hint of trade tensions [2][3] - The current market behavior suggests an expectation for a quicker resolution to tariff issues and trade wars, alongside a belief that inflation remains under control, which could lead to rate cuts by the Federal Reserve [4] Federal Reserve Insights - The Fed's preferred inflation gauge, the core PCE index, rose 2.5% annually in April, down from 2.7% in March, indicating tame inflation despite tariffs [5] - The Consumer Price Index (CPI) report for April showed a 2.3% increase in consumer prices year-over-year, below the expected 2.4%, marking the lowest annual increase since February 2021 [6] - Some Fed officials express skepticism about the transitory nature of inflation caused by tariffs, with ongoing debates about the impact on employment and price stability [7][8] Stock Performance - AppLovin (APP) is experiencing strong performance, surpassing earnings estimates for eight consecutive quarters, with a projected full-year EPS of $8.39, reflecting an 85.2% growth rate year-over-year [12][15] - Sea Limited (SE) is also outperforming, with analysts raising fiscal 2025 EPS estimates by 1.44%, projecting a total revenue of over $22.37 billion this year, a 32% increase from 2024 [17] Market Outlook - The decline in volatility surrounding tariffs and stable inflation trends suggest potential for further market gains, with expectations of two rate cuts by the Fed this year [19]

Financial Data and Key Metrics Changes - GM reported a revenue increase of over 9% year-over-year to $187 billion and record adjusted EBIT of $14.9 billion for 2024 [25][26] - The company has successfully launched several vehicles across its profitable ICE portfolio and growing EV business, strengthening its product portfolio [25] Business Line Data and Key Metrics Changes - GM became the number two seller of EVs in North America in the second half of the year, indicating strong growth in the EV segment [26] - The redesigned ICE SUVs, including Chevrolet Equinox, Traverse, and Tahoe, have been well received, contributing to market share growth [29] Market Data and Key Metrics Changes - GM's shareholder returns outperformed key competitors and the S&P 500 index last year, reflecting strong market performance [26] - The company is focusing on agile execution and innovation to align with consumer demand for ICE vehicles and the evolving regulatory environment [28] Company Strategy and Development Direction - GM is committed to achieving carbon neutrality in global products and operations by 2040, with a focus on reducing supply chain emissions [14][15] - The company is enhancing its manufacturing capabilities and supply chains in response to shifts in global trade policy [27][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in GM's ability to adapt to the new trade policy environment and emphasized the importance of American manufacturing [27] - The company is optimistic about its future, citing strong management and a commitment to teamwork and customer loyalty [32] Other Important Information - The board of directors has been refreshed to ensure diverse viewpoints and skills, with a focus on long-term shareholder interests [24][25] - The shareholder proposal on supply chain GHG emissions reduction strategies was not approved, indicating a lack of consensus on this issue [20][32] Q&A Session Summary Question: Board's succession process and AI expertise - The board's governance committee discusses a five-year succession plan and considers recruiting new directors based on strategic needs, with existing members possessing a range of skills including AI expertise [34] Question: Plans for Apple CarPlay in next-gen EVs - GM is focused on providing a holistic infotainment system that integrates seamlessly with vehicle functionality, rather than relying on external phone-based solutions [35][36] Question: Commitment to community initiatives - GM has increased corporate giving, focusing on road safety and STEAM education, while aligning investments with economic development in Detroit [38] Question: Access to GM Heritage Museum - The project for the museum will not be complete until the end of 2026, after which GM will consider how to allow shareholder access [40][41] Question: Plans for a seven-passenger SUV plug-in hybrid - GM is developing plug-in hybrids in strategic segments but has no specific announcements at this time; the Cadillac Bistric is highlighted as an option for customers [42][43]

Meta announced Tuesday morning that it was paying billions of dollars to keep an Illinois nuclear power plant running through 2047. The social media company will buy all the “clean energy attributes” of Constellation Energy’s Clinton Clean Energy Center, a 1.1 gigawatt nuclear power plant in central Illinois, starting in June 2027.Electricity will still flow to the local grid, so Meta’s purchase won’t directly power one of its data centers, though the company does have one about two hours north of Clinton i ...

In February 2025, Nanzong and his son Stanley filed a lawsuit against the University of California system alleging racial discrimination against Asian-Americans in the college admissions process. Stanley Zong was no ordinary applicant. By age 18, he had demonstrated such exceptional coding prowess that Google hired him at an L4 position, typically requiring a PhD or equivalent experience.After rigorous technical interviews with five Google engineers, he created Rapid Sign, a free e-signing service built on ...

29 May 2025 Emerging bond dynamic and regime change Toronto The tariff threat to the tariff retreat has now been reduced to a two-day cycle. Donald Trump threatened Europe with a higher 50% tariff last Friday and then on Sunday extended the deadline for Europe to come to an agreement from 1 June to 9 July. This latest twist and turn will have further convinced investors of what many were already assuming, based on GREED & fear's meetings with investors in North America this week. That is, that the 47th Pres ...

Financial Data and Key Metrics Changes - The company reported revenue of $1,877 million for Q1 FY 2026, representing growth of approximately 2% year-over-year due to the ramp-up of new and existing programs [11] - Adjusted EBITDA for the quarter was $157 million, resulting in an adjusted EBITDA margin of 8.4% [11] - Adjusted diluted earnings per share were flat year-over-year at $1.92, impacted by a higher tax rate and lower adjusted EBITDA [12] - Free cash flow was negative $44 million, affected by the timing of receivables on two programs [12] Business Line Data and Key Metrics Changes - The company secured net bookings of $2,400 million for a book-to-bill ratio of 1.3, including key recompete contracts [10] - The backlog of pending awards remained steady at approximately $20,000 million, providing visibility into future bookings [10] - The company expects to achieve a trailing twelve-month book-to-bill ratio of 1.2 in the coming quarters [11] Market Data and Key Metrics Changes - The Department of Defense (DoD) is expected to see stronger budget support, particularly for the Navy, Air Force, and Space Force, while the Army may face challenges [6][7] - The company noted over $1 billion in additional budget for the Department of Transportation and over $40 billion for the Department of Homeland Security [9] Company Strategy and Development Direction - The company is pivoting its portfolio towards mission and enterprise IT, aligning with the new administration's strategic priorities [8] - The strategy includes leveraging proven expertise in mission integration and digital engineering to drive program success [8] - The company aims for sustained profitable growth and is focused on executing its strategy in the coming quarters [13] Management's Comments on Operating Environment and Future Outlook - The operating environment has stabilized, but there are still procurement delays and higher turnover rates among customers [5] - The company is cautiously optimistic about future growth, expecting to achieve revenue guidance of $7.6 billion to $7.75 billion for FY 2026 [15] - Management highlighted the importance of adapting to the evolving budget environment and maintaining a focus on contract growth [55][56] Other Important Information - The company repurchased approximately $125 million of shares in Q1 and targets annual repurchases of $350 million to $400 million [17][18] - The company is not seeing significant risks from recent DoD communications regarding contracting practices [75] Q&A Session Summary Question: Update on operating environment and budget priorities - Management noted that the operating environment has stabilized, with significant turnover in acquisition personnel affecting procurement processes [22] Question: Competitiveness in procurement environment - Management acknowledged increased competitiveness but expressed confidence in their submission pipeline and win rates [25][26] Question: Known headwinds from recompetes - The only significant known recompete headwind is the NASA program loss, which will conclude in Q3 [30][32] Question: Nature of cost overruns in space program - Management explained that cost overruns were due to challenges in the tech development phase, but they expect to recover as the program transitions to the sustainment phase [34][35] Question: Overview of end markets and opportunities - Management provided insights into the civilian and defense sectors, highlighting growth opportunities in various agencies and programs [44][46] Question: Impact of continuing resolutions on awards - Management indicated that while there are some delays, the solicitation of proposals remains robust, and they are optimistic about future awards [53][54] Question: Margin trajectory and expectations - Management expects civil margins to improve and defense margins to remain stable, with a focus on executing at higher bid thresholds [86]