Penske Automotive Group (PAG) Q1 2025 Earnings Call April 30, 2025 02:00 PM ET Company Participants Tony Pordon - Executive Vice President Investor Relations and Corporate Business DevelopmentRoger Penske - Chairman & CEORichard Shearing - Chief Operating Officer of North American OperationsRandall Seymore - Chief Operating Officer of International OperationsShelley Hulgrave - Executive Vice President & CFOJohn Murphy - Managing DirectorDaniela Haigian - Vice President - Equity ResearchRon Jewsikow - Direct ...

Group 1: Meeting Overview - The CEOs of Walmart and Target met with President Trump to discuss trade negotiations and the impact of tariffs on imported products [1][2] - Walmart CEO Doug McMillon described the meeting as "productive" and highlighted discussions on tariffs and their effects on the retail industry [2][3] - Target CEO Brian Cornell also found the meeting productive, focusing on a "path forward on trade" [5] Group 2: Trade Negotiations and Tariffs - Trump is negotiating with 75 countries for bilateral trade deals during a 90-day pause on his tariff plan, with 15 countries currently in active negotiations [8] - All nations that have not retaliated against the U.S. will face a 10% tariff, while tariffs on Chinese imports have been increased to 145%, leading to a 125% duty on American goods from China [9] Group 3: Industry Impact - The National Retail Federation warns that Trump's tariffs would drive up consumer prices, indicating potential challenges for the retail sector [8] - Home Depot CEO Ted Decker attended the meeting, while Lowe's CEO Marvin Ellison was absent, suggesting varying levels of engagement among major retailers [7]

Marsh & McLennan Companies, Inc. (MMC) Q1 2025 Earnings Conference Call April 17, 2025 08:30 AM ET Company Participants Operator - Conference Call OperatorJohn Doyle - President and CEO, Marsh McLennanMark McGivney - CFO, Marsh McLennanMartin South - CEO, MarshDean Klasura - CEO, Guy CarpenterNick Studer - CEO, Oliver Wyman Conference Call Participants Mike Zaremski - Analyst, BMO Capital MarketsJimmy Buehler - Analyst, J.P. MorganDavid Motomaden - Analyst, Evercore ISIAlex Scott - Analyst, BarclaysMayor Sh ...