Thanks for your engagement in this shareholder proposal process! We have received a number of shareholder proposals on xAI.Consistent with SEC rules, our proxy statement would include one properly submitted proposal on each topic, and we would invite the shareholder who made the first proper submission on the topic to attend our shareholder meeting in person.If you are interested in more information about how to attend the meeting, please look out for our proxy. ...

Pool (POOL -0.07%), the world's largest wholesale distributor of swimming pool and related backyard products, reported its earnings for the second quarter of fiscal 2025 on July 24, 2025. The most notable takeaway from the release was a modest beat on both revenue and earnings per share (EPS), with GAAP EPS and revenue exceeding analyst estimates. Revenue totaled $1.79 billion, and adjusted EPS was $5.17. These figures surpassed analyst expectations of $1.78 billion for revenue and $5.09 for EPS. Despite th ...

United Bankshares (UBSI -1.23%), a regional banking company with deep roots in commercial lending and a significant presence across the Mid-Atlantic and Southeast regions, reported record results for the second quarter on July 24, 2025. The company delivered higher-than-expected earnings and revenue, posting $0.85 in GAAP earnings per share on $306.0 million in GAAP revenue, both beating analyst expectations of $0.76 and $298.8 million. The quarter saw continued growth from its acquisition strategy and impr ...

Shareholders’ Meeting of Fly Play hf. The Board of Directors of Fly Play hf. hereby convenes a shareholders’ meeting on August 15, 2025, at 16:00, at the company’s headquarters at Suðurlandsbraut 14, 108 Reykjavík. Agenda of the meeting: Proposal to authorize the Board of Directors to issue convertible bonds with an initial principal amount of up to ISK 2,425,000,000 and to authorize the Board to issue new share capital with a nominal value of up to ISK 3,500,000,000 to fulfill conversion rights of bondh ...

Financial Data and Key Metrics Changes - The second quarter reported earnings were $877 million or $2.15 per share, with adjusted earnings of $973 million or $2.38 per share, reflecting a significant recovery from a prior quarter's adjusted loss of $368 million [15][17] - Operating cash flow was $845 million, with cash flow excluding working capital at $1.9 billion, indicating strong operational performance [16][18] - Net debt to capital ratio stood at 41%, influenced by the acquisition of Coastal Bend assets for $2.2 billion [16] Business Line Data and Key Metrics Changes - Refining assets operated at 98% utilization, the highest since 2018, with clean product yield exceeding 86% and market capture at 99% [7][9] - Midstream generated adjusted EBITDA of approximately $1 billion, on track to meet the $4.5 billion annual EBITDA target by 2027 [7][12] - Marketing and Specialties reported its strongest quarter since 2022, contributing to a robust capital allocation framework [8][17] Market Data and Key Metrics Changes - Year-to-date market capture improved by 5% compared to the first half of the previous year, with the second quarter PSX market indicator just over $11 per barrel [10][17] - The organization expects the global O&P utilization rate in Chemicals to be in the mid-90s, while worldwide crude utilization is anticipated to be in the low to mid-90s [19] Company Strategy and Development Direction - The company remains focused on enhancing refining competitiveness, driving organic growth in midstream, reducing debt, and returning over 50% of net operating cash flow to shareholders [13][14] - Strategic investments include the acquisition of Coastal Bend and capacity expansion projects, aimed at enhancing midstream returns [12][14] - The management emphasizes a culture of continuous improvement and operational excellence to drive long-term shareholder value [11][13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in capturing market opportunities and achieving strategic priorities by 2027, despite challenges in the chemicals segment [6][14] - The company anticipates a strong margin environment in refining, supported by low U.S. inventories and seasonal demand [61][93] - Management acknowledged the need to adapt operations in renewable fuels due to regulatory changes and weak margins, while also exploring opportunities for profitability [78][80] Other Important Information - The company returned over $900 million to shareholders in the quarter, demonstrating a commitment to shareholder returns [8][16] - The addition of three new Board members is expected to enhance strategic discussions and decision-making processes [14] Q&A Session Summary Question: Strategy after recent shareholder engagement - Management remains committed to the integrated company strategy, with ongoing evaluations of strategic alternatives to maximize shareholder value [22][23] Question: Debt levels and mid-cycle assumptions - Current debt levels are viewed as manageable, with plans to reduce debt through operational cash flow and asset dispositions [33][34] Question: Refining performance improvements - The significant quarter-over-quarter improvement in refining was attributed to disciplined focus on clean product yield and utilization rates [39][40] Question: Chemicals and renewable fuels outlook - Chemicals are expected to recover as market conditions stabilize, while renewable fuels face challenges but are being strategically managed [72][78] Question: Midstream exposure to Permian growth - The company maintains confidence in its midstream volumes, supported by a robust contract portfolio and ongoing expansion projects [86][87] Question: Operating synergies and market conditions - Operating synergies are generally stable, with opportunities for improvement in various market environments [88][90]

Financial Data and Key Metrics Changes - Second quarter reported earnings were $877 million or $2.15 per share, while adjusted earnings were $973 million or $2.38 per share, reflecting a significant recovery from a prior quarter's adjusted loss of $368 million [13][15] - Operating cash flow generated was $845 million, with cash flow excluding working capital at $1.9 billion [14][16] - Net debt to capital ratio stood at 41%, influenced by the acquisition of Coastal Bend assets for $2.2 billion [14] Business Line Data and Key Metrics Changes - Refining assets operated at 98% utilization, the highest since 2018, with clean product yield exceeding 86% [5][7] - Midstream generated adjusted EBITDA of approximately $1 billion, on track to meet the $4.5 billion annual EBITDA target by 2027 [5][10] - Marketing and Specialties reported its strongest quarter since 2022, contributing to a robust capital allocation framework [6][15] Market Data and Key Metrics Changes - Year-to-date market capture improved by 5% compared to the first half of the previous year, reaching 99% in the second quarter [8][15] - The second quarter PSX market indicator was just over $11 per barrel, with an estimated EBITDA increase of approximately $170 million for every dollar per barrel increase [8][15] Company Strategy and Development Direction - The company remains focused on enhancing refining competitiveness, driving organic growth in midstream, reducing debt, and returning over 50% of net operating cash flow to shareholders [11][12] - Strategic investments include the acquisition of Coastal Bend and capacity expansion projects aimed at growing Midstream EBITDA [10][11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to capture market opportunities and improve performance despite external challenges [4][22] - The outlook for refining remains positive, with expectations of strong margins driven by tight distillate markets and seasonal demand [90] Other Important Information - The company plans to reduce turnaround expenses by $100 million for the full year, reflecting improved execution and planning [18][110] - New board members have been onboarded to enhance strategic discussions and shareholder value creation [12] Q&A Session Summary Question: Strategy after recent shareholder engagement - Management remains committed to the integrated company strategy, with ongoing evaluations of strategic alternatives to maximize shareholder value [21][24] Question: Debt levels and mid-cycle conditions - Current debt levels are viewed as manageable, with plans to reduce debt through operational cash flow and asset dispositions [31][62] Question: Refining performance drivers - The significant quarter-over-quarter improvement in refining was attributed to higher utilization rates and disciplined operational focus [36][38] Question: Chemicals and renewable fuels outlook - Chemicals faced challenges due to tariffs, but long-term outlook remains positive; renewable fuels are running at reduced rates due to weak margins [70][74] Question: Midstream growth and integration - The company is confident in its midstream growth outlook, supported by contracted third-party volumes and ongoing integration efforts [82][83]

RT Ale𝕏andra Merz 🇺🇲 (@TeslaBoomerMama)🗳️Tesla xAI investment in proxyWhile we have first investors sending their letters to Tesla, we are still looking for more retail shareholders to send shareholder proposal to Tesla.All instructions in the post below, also my pinned post.Thank you to @herbertong for the video. Rarely looked more intelligent in the initial cut, lol ...

ATLANTA, July 25, 2025 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Replimune Group, Inc. (“Replimune” or the “Company”) (NASDAQ: REPL). The lawsuit alleges that Defendants made materially false and/or misleading statements and/or failed to disclose material adverse information, including allegations that: (1) Defendants recklessly overstated the IGNYTE trial’s prospects, given material issues that defendants knew or should have known of, which resulted in the FDA deeming th ...

Philip 66 out with results this morning. The company earning $2.38% a share. That included $239 million of pre-tax accelerated depreciation on its Los Angeles refinery.Revenue coming in at 33.5% billion, beating expectations. And the company saying that refining actually ran at the highest utilization since 2018, achieving its lowest cost per barrel since 2021. Joining us right now is Mark Glacier.He is the chairman and CEO of Philip 66. And Mark, thanks a lot for being with us this morning. We see the stoc ...

MILWAUKEE, July 24, 2025 /PRNewswire/ -- The Ademi Firm is investigating Synovus (NYSE: SNV) for possible breaches of fiduciary duty and other violations of law in its transaction with Pinnacle Financial Partners.Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you.In the transaction, shareholders of Synovus will receive shares of a new Pinnacle parent company based on a fixed ...