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Tree Island Announces Meeting Results for Election of Directors
Globenewswire· 2025-06-26 20:00
Core Points - Tree Island Steel Ltd. announced that all matters at its 2025 Annual General Meeting of Shareholders received requisite shareholder approval [1] - The company elected all six director nominees proposed by management, with a total of 17,117,784 shares represented, accounting for approximately 65.85% of outstanding shares [2] Board of Directors - The voting results for the director elections showed high approval rates for all nominees, with Sam Fleiser receiving 99.86% votes in favor, while other nominees received between 96.18% and 96.32% [2] - The detailed voting results for each nominee are as follows: - Amar S. Doman: 16,397,252 votes for (96.18%), 651,793 votes against (3.82%) [2] - Peter Bull: 16,421,214 votes for (96.32%), 627,831 votes against (3.68%) [2] - Sam Fleiser: 17,025,005 votes for (99.86%), 24,040 votes against (0.14%) [2] - Joe Downes: 16,421,214 votes for (96.32%), 627,831 votes against (3.68%) [2] Company Overview - Tree Island Steel, headquartered in Richmond, British Columbia, has been operational since 1964 and produces a variety of wire products for industrial, residential, commercial, and agricultural applications [3] - The company's product offerings include galvanized wire, bright wire, fasteners, stucco reinforcing products, concrete reinforcing mesh, fencing, and other fabricated wire products, marketed under various brand names [3]
Germany's manufacturing problems came before Trump's tariffs #politics
Bloomberg Television· 2025-06-15 06:00
Economic Overview - Juicebook, Germany is facing challenges due to high production costs impacting manufacturing profitability [1] - The transition to a service-oriented economy is lagging behind manufacturing job losses, leading to high unemployment and political frustration [2] - Germany's de-industrialization is more pronounced compared to other EU countries due to its higher share of manufacturing [3] Political Landscape - Nearly 25% of voters in Juicebook supported the far-right opposition party AFD in the federal elections [2] - Frustration from economic challenges could lead to political upheaval in Germany [3] Government Initiatives - The National Parliament passed a 500 billion euro infrastructure fund to aid the economic transition [3] Challenges and Solutions - The city and country need better strategies to bridge the gap between the old and new economic models [3]
Jobs Week Starts with More Trade Tensions
ZACKS· 2025-06-02 15:15
Trade and Market Impact - Trade tensions are affecting market performance, with President Trump accusing China of violating tariff agreements and announcing a doubling of steel tariffs from 25% to 50% [1] - Cleveland-Cliffs (CLF) has seen a significant increase of +24% in stock price due to these developments [2] - Major indexes such as the Dow, Nasdaq, S&P 500, and Russell 2000 are experiencing declines, with the S&P 500 down -20 points [2] Labor Market Insights - The upcoming Jobs Week includes key reports such as Job Openings and Labor Turnover Survey (JOLTS), ADP private-sector payrolls, Weekly Jobless Claims, and the U.S. Employment Report [3][4] - Expectations for job gains are set at +112K for ADP and +125K for BLS, with potential narratives of labor market loosening if these figures show weakness [4] - The U.S. labor force has been underestimated, with a current unemployment rate expected to remain low at 4.2% despite recent increases [6] Company Earnings Reports - Campbell's Company (CPB) reported fiscal Q3 earnings of 73 cents per share, exceeding expectations by +12% but slightly below the previous year's quarter [7][8] - Revenues for Campbell's reached $2.48 billion, surpassing expectations by +1.55% and showing growth from $2.37 billion year-over-year [8] Economic Indicators - The S&P Manufacturing PMI is expected to remain above the key 50-level at +52.3, while ISM Manufacturing is projected to decrease to +48.5% [9] - Construction Spending for April is anticipated to show a positive change of +0.2% after a -0.5% decline in March [10]
Live Ventures rporated(LIVE) - 2025 Q2 - Earnings Call Transcript
2025-05-08 22:02
Live Ventures (LIVE) Q2 2025 Earnings Call May 08, 2025 05:00 PM ET Company Participants Greg Powell - Director of Investor RelationsDavid Verret - Chief Financial OfficerJon Isaac - Chairman, President, CEO Conference Call Participants Joseph Kowalski - Analyst Operator Good day, everyone, and welcome to the Live Ventures Fiscal Year Second Quarter twenty twenty five Conference Call. At this time, all participants are in a listen only mode. Later, we'll conduct a question and answer session. Now, I'd like ...
Live Ventures rporated(LIVE) - 2025 Q2 - Earnings Call Transcript
2025-05-08 22:00
Live Ventures (LIVE) Q2 2025 Earnings Call May 08, 2025 05:00 PM ET Speaker0 Good day, everyone, and welcome to the Live Ventures Fiscal Year Second Quarter twenty twenty five Conference Call. At this time, all participants are in a listen only mode. Later, we'll conduct a question and answer session. Now, I'd like to turn the call over to Rick Powell, Director of Investor Relations. Please go ahead, sir. Thank you, Elvis. Good afternoon, and welcome to the Live Ventures second quarter fiscal year twenty tw ...