Podcasts about EBIT

A nasty start to the day accelerated to a loss of 167 points (-1.9%) on the ASX 200 as RBA minutes and US futures took us down. The big three sectors were hit hard with the iron ore miners smacked. BHP off 3.7% on UK court ruling and RIO off 2.7% with FMG falling 2.0%. Energy stocks also slipped, WDS down 1.9% with STO off 0.6% and uranium stocks under pressure. Gold miners too sold off as bullion slipped, NST down 5.6% and EVN down 5.2% with lithium the only sector that saw any green. PLS up 3.3% and LTR up 2.1%. Banks were also sold down hard, WBC fell 3.0% and CBA down 1.7% with the Big Bank Basket falling to $267.54 (-1.8%). Financials also in the seller's sights, NWL fell 6.2% and MQG off 1.7%. Insurers fell, QBE down 1.4% and REITS under pressure too. GMG off 3.0% as a tech play on data centres. Industrials saw across the board selling, WES fell 1.2% and REA off 2.4% with CAR falling 3.2% as TLS down 0.2%. Tech stocks were decimated after TNE disappointed, off 17.2% despite a special dividend. WTC fell 4.6% and XRO tumbled 3.3% with the All-Tech Index down 4.3%. In corporate news, JHX rallied 9.9% on better-than-expected results, AGM's dominated. BSL fell 1.7% on EBIT to land at the bottom of guidance range. CAT tested a life with a 11.7% fall on a growth rate of 19%. ALQ fell 2.9% on better numbers. PLT was a rare bright spot after a jump in first half profits, up 6.8%. On the economic front, RBA minutes took rate cuts off the table. Australian consumer confidence rose 0.7% too.  Asian markets weaker with Japan down 2.9%, China down 0.3% and HK off 1.6%.European markets set to open weaker.Want to invest with Marcus Today? Our MT20 portfolio is designed for investors seeking exposure to our strategy while we do the hard work for you.If you're looking for personal financial advice, our friends at Clime Investment Management can help. Their team of licensed advisers operates across most states, offering tailored financial planning services.  Why not sign up for a free trial? Gain access to expert insights, research, and analysis to become a better investor.

Nadia Budihardjo and Tom Zaunmayr discuss how several pioneers have teamed up to get fresh native food on grocery store shelves. Plus: Rio pivots clean iron plan; Tivan inks $61m deal with venture capital firm; Elders profits, EBIT up in FY25.

Palfinger AG 9M 2025: Key TakeawaysIn this update, Felix Strohbichler, CFO of Palfinger AG, presents the financial results for the first nine months of 2025 and outlines the key strategic initiatives driving the company's future growth under its new Reach Higher 2030 plus strategy.Global Leader in Lifting SolutionsPalfinger AG remains a worldwide leader in innovative lifting solutions for construction, marine, logistics, and infrastructure industries. With 2024 revenue of around €2.4 billion, 12,000 employees, and 30 production sites, Palfinger is synonymous with engineering excellence, innovation, and customer reliability.The company's broad industrial diversity and global presence not only ensure resilience even amid macroeconomic volatility but also provide a sense of stability and security to stakeholders.Key Financial Highlights for 9M 2025- Revenue: €1.7 billion (-3.5% year on year)- EBIT: €131 million (-17.6%)- Equity: €885 million (41% equity ratio)- Net Debt: €577 million — significantly improved- Free Cash Flow: €54 million vs -€2 million last yearPalfinger achieved a major balance-sheet strengthening in 2025 through the sale of treasury shares for €100 million and ongoing working-capital discipline. The company remains on track to deliver more than €100 million in free cash flow for the full year 2025.Regional Performance- EMEA: Strong order intake continued from Q4 2024; European infrastructure spending yet to fully materialize but momentum is positive.- North America: Tariff measures (Section 232) weighed on profitability but structural demand remains solid.- LATAM: Record sales driven by strong growth in Brazil.- APAC: India and Southeast Asia continued to expand.- Marine: Sustained profitability and healthy backlog.- Russia: Sharp economic slowdown reducing sales and earnings contribution.Strategic Update — Reach Higher 2030 plusIn 2025, Palfinger introduced its long-term strategy Reach Higher 2030 plus, focusing on three core pillars:Lifting Customer ValueEnhancing customer experience through digital services and data solutions.Balanced Profitable GrowthExpanding geographically and across business segments while preserving margins.Execution ExcellenceDriving process efficiency through digitization, automation, and supply-chain optimization.The strategy defines 18 programs to strengthen future profitability and positions the group for a new phase of scalable growth.Five “Must-Win” Action Fields- Customer-centric technology leadership- Expansion of services and spare parts business- Growth in aerial work platforms as a core pillar- Supply-chain optimization- Process, system and data efficiency- Financial Targets and OutlookUnder Reach Higher 2030 plus, Palfinger aims for by 2030:- Revenue: > €3 billion (organic)- EBIT margin: ~ 12%- ROCE: ~ 15%- Free Cash Flow: > €150 million annuallyNear-term (2027) targets remain unchanged: €2.7 billion revenue, 10% EBIT margin, and > €100 million free cash flow.▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Overnight in the US, Wall St saw a very similar trading day to yesterday's, with the Dow Jones advancing 0.7% to reset its record, while the Nasdaq slipped a further 0.3%, lead once again by reevaluations in the high flying AI sector. The S&P500 meanwhile edged 0.2% higher on the day.Across the pond Europe's strong momentum continued with another day of solid gains. The Stoxx 600 index closed up 0.71%, drive primarily by Germany's DAX and the French CAC, which added 1.22 and 1.04% respectively. The FTSE lagged behind, only edging up 0.1% higher.Asia saw a mixed session, as the Hang Seng and Nikkei added 0.85% and 0.43% respectively, while China's CSI index closed down 0.1%. Locally yesterday, the ASX saw its second straight day of the market opening higher, but ending the day in the red. The ASX 200 slipped 0.22%, despite 6 of the 11 key sectors in the green. Mineral Resources (ASX:MIN) was the biggest winner, with investors impressed by the announcement of a new deal with South Korea's POSCO to sell a 30% stake in its lithium operations for 765 million USD. On the losing end, popular tech stock Life360 (ASX:360) tumbled 13% after reporting lower than expected user growth numbers, and Commonwealth Bank (ASX:CBA) slipped a further 3% after yesterdays sell off as investors continue to weigh the disappointing results. What to watch today:Looking ahead to today, the SPI futures indicate that the ASX will open slightly higher, with a 0.12% gain. In precious metals, Gold and Silver continue to extend their recent rallies, with gold up a further 1.7% to just under $4200 USD per ounce, while silver is trading another 4.1% higher at 53 USD and 30 cents per ounce. Meanwhile, Crude Oil prices have plummeted nearly 4 and a half percent down to 58 USD and 40 cents per barrel, after a recent OPEC report suggested that global oil supply is expected to match demand in 2026, marking a shift from previous forecasts which had predicted a supply deficit. And Iron ore is trading up 0.6% to 104USD and 17 cents per tonne. Trading ideas:Bell Potter has maintained its buy rating on gaming machines supplier Aristocrat Leisure (ASX:ALL) and increased its 12-month price target to $80 per share, based on its forecasted NPAT and EBIT growth from ongoing R&D projects. And Trading Central have identified a bullish signal in Regis Resources (ASX:RRL), indicating that the price may rise from the close of $6.88 per share, to the range of $7.40 to $7.60 per share over a period of just 17 days, according to the standard principles of technical analysis. 

Der DAX schließt bei 23.570 Punkten (-0,7 %), der Euro Stoxx 50 bei 5.568 Punkten (-0,8 %). Belastungsfaktoren bleiben hohe KI-Bewertungen, eine schwach eröffnende Wall Street und die Datenlücke in den USA durch den Shutdown - die Fed-Sicht bleibt unklar. Tech schwach, Autos stabiler nach der robusten BMW-Bilanz. Unternehmen im Fokus: Siemens meldet einen SBB-Auftrag über bis zu 200 S-Bahn-Doppelstockzüge (im Volumen von 2 Mrd. CHF). Rheinmetall gründet mit Iceye ein Joint Venture (JV) für SAR-Aufklärung. Tesla-Aktionäre stimmen mit > 75 % für Musks Vergütung - Chance auf Paket bis 1 Billion USD. Aumovio erhält die Export-Freigabe für Nexperia-Chips. Kurzarbeit in Deutschland wohl abgewendet. Daimler Truck Q3: bereinigtes EBIT 716 Mio. Euro (-40 %), EPS 0,57 Euro. Boeing: Gerichtsbeschluss zum 737 MAX-Vergleich, dazu Verkaufszusagen über bis zu 37 787 Dreamliner (15 Air Astana, 14 Somon Air, 8 Uzbekistan Airways). MPS überzeugt mit Q3-Gewinn von 474 Mio. Euro und hebt den Ausblick an.

Der DAX rutscht klar ab und schließt bei 23.734 Punkten, -1,3 %. Wall Street-Schwäche und der Finanzstabilitätsbericht der Bundesbank sorgen für Vorsicht: steigende Kreditrisiken, verwundbare Gewerbeimmobilien und höhere Staatsverschuldung. Euro Stoxx 50 -1,0 % auf 5.611. Gefragt sind Zahlengewinner: DHL überzeugt mit EBIT 1,5 Mrd. Euro, Umsatz 20,1 Mrd. Euro (-2,3 %), Aktie stark. Zalando erholt sich mit bis zu +9,7 % nach Quartalszahlen. DAX-Schlusslicht Deutsche Börse rund -4,3 % wegen EU-Kartellprüfung im Derivategeschäft. Hochtief hebt Gewinnziel an, Rekordhoch 278,60 Euro. Henkel: Q3-Umsatz 5,1 Mrd. Euro, organisch +1,4 %. Bayer meldet ermutigende Finerenon-Daten (-25 % UACR nach 6 Monaten). Aixtron setzt die Rally fort. Tesla-HV im Fokus mit möglichem Vergütungspaket für Elon Musk bis USD 1 Billion. OpenAI-CFO Sarah Friar: IPO vorerst kein Thema. Börsenweisheit zum Schluss. "Die Märkte sind nie falsch, die Meinungen oft." - Jesse Livermore.

Nach einem bewegungsreichen Verlauf schließt der Markt freundlich: Der DAX gewinnt 0,4 % auf 24.050 Punkte. Rückenwind kam am Nachmittag von ADP-Daten: Die US-Privatbeschäftigung stieg im Oktober um 42.000 Stellen und stabilisierte die Stimmung. An der Wall Street bleibt Tech gemischt: AMD schwächer nach vorsichtigem Ausblick, Nvidia leicht im Minus, Intel erholt. Defensive Werte wie "McDonald's" legen zu. Absicherung ist ebenfalls Thema: Gold steigt um rund 1 % auf 3.976 USD. Im Fokus der Firmen: Vonovia zurück in der Gewinnzone mit 3,4 Mrd. Euro unterm Strich. Fresenius hebt dank starkem Q3 bei Kabi die Jahresziele an, das bereinigte EBIT soll nun um 4-8 % wachsen; Q3-EBIT 574 Mio. Euro. BMW verdreifacht den Nettogewinn auf 1,7 Mrd. Euro und erreicht 5,2 % Auto-EBIT-Marge. Volkswagen kündigt einen eigenen Chip für autonomes Fahren in China an. Evotec verkauft die Anlage in Toulouse an Sandoz, potenziell >650 Mio. USD Zufluss. Novo Nordisk senkt erneut die Jahresziele. Toyota meldet ein operatives Ergebnis von 840 Mrd. Yen und bleibt wegen Zöllen belastet. Aixtron profitiert von KI-Fantasie und einer Hochstufung.

In this episode, Matt and Wade welcome Chris Lewis of Baker AG to explore the “sweet spot” in dairy systems and how top operators focus not just on producing more, but on converting resources more efficiently. Drawing on two decades of Dairy System Monitoring, Chris explains how benchmarking pasture, milk, and costs at 10-day intervals enables real-time planning, scenario modelling for feed shortages, and a clear view of how today's decisions impact the season. Chris explains that efficiency, not just high production per hectare, defines success. The discussion breaks down feed and non-feed costs per kilogram of milk solids, highlights how the margin curve favours disciplined management, while signalling the risks of pushing beyond the optimal limit. Chris highlights that the top farms, ranked by EBIT per hectare, succeed through adjustments and systems tailored to their resources. The data shows that high-performing farms can achieve greater productivity while also improving environmental outcomes. 

We're joined by two special guests on this milestone episode. Please welcome Andy Pan (the only person who has previously co-hosted a show with us) and Greg Alderton, Virtual Economy's lead moderator! With 14,000 people laid off, studios shuttered, and projects abandoned, Amazon seems ready to give up on most or all of its gaming dreams. Also: EA earnings ride off into the sunset, Capcom posts a strong quarter, Remedy's in trouble, and Microsoft is inscrutable. Also: Sony responds to Tencent's request to dismiss the Light of Moritram lawsuit, Circana report on U.S. video game spending for September 2025, and Microsoft is a little too cozy with the U.S. government.  You can support Virtual Economy's growth via our Ko-Fi and also purchase Virtual Economy merchandise! TIME STAMPS [00:05:44] - Remembering Tomonobu Itagaki [00:10:32] - Episode 200 Celebration [00:34:14] - Circana Report on U.S. Video Game Spending for September 2025 [00:56:18] - Sony Responds to Tencent's Request to Dismiss Light of Moritram Lawsuit [01:06:57] - EA Earnings [01:17:51] - Capcom Earnings [01:27:49] - Remedy Earnings [01:43:45] - Microsoft Earnings [02:16:00] - Why Is Microsoft Allowing the U.S. Government to Use the Halo IP? SOURCES "I Told Him I Loved Him, Because I Do" - A Tribute To The Late Dead Or Alive Creator Tomonobu Itagaki | Time Extension SIE Opposition to Motion to Dismiss 4142-0511-3185 v.2 | United States District Court - Northern District of California Electronic Arts Reports Q2 FY2026 | EA EA and Stability AI partner to empower artists, designers, and developers | EA United Videogame Workers-CWA Statement on Proposed Electronic Arts Buyout | UVW-CWA Consolidated Results for the Six Months Ended June 30, 2025 | Capcom Inside information, profit warning: Remedy Entertainment Plc lowers operating profit (EBIT) outlook for 2025 and publishes preliminary Q3 key financial figures | Remedy Change of CEO in Remedy Entertainment Plc | Remedy Business Review - January - September 2025 | Remedy Earnings Release FY26 Q1 | Microsoft

Der DAX schloss nahezu unverändert bei 24.118,89 Punkten (-0,02 %). Inflationsdaten dämpfen die Fantasie: Deutschland meldet 2,3 % im Oktober. Die EZB belässt den Einlagenzins bei 2,0 %. An der Wall Street prägen Tech-Zahlen die Richtung. Alphabet überzeugt. Der Gewinn legt trotz EU-Strafe um rund ein Drittel zu, die Aktie steigt um über 5 %. Microsoft wächst mit KI und Cloud, doch die Erwartungen waren hoch - die Aktie fällt um über 2 %. Meta rutscht um 11,5 % ab und plant einen Jumbobond über mindestens 25 Mrd. USD für allgemeine Zwecke und KI. Volkswagen meldet für Q3 unterm Strich -1,07 Mrd. Euro nach +1,56 Mrd. Euro im Vorjahr. Lufthansa steigt im MDAX über 5 %: bereinigtes EBIT rund 1,3 Mrd. Euro, Überschuss 966 Mio. Euro, Streikrisiken bleiben. Samsung glänzt mit 12,2 Bio. Won operativ (≈ 7,3 Mrd. Euro), knapp +33 %, getragen von Chips und KI-Nachfrage. Anleger bleiben vor Apple- und Amazon-Zahlen vorsichtig. "Risiko entsteht dadurch, dass man nicht weiß, was man tut." - Warren Buffett

Der deutsche Markt blieb verhalten. Der DAX schloss mit -0,12 % bei 24.278,63 Punkten. Anleger hielten sich vor den Zinsentscheiden und den anstehenden Zahlen von Microsoft, Meta, Alphabet, Apple und Amazon zurück. In den USA treibt die KI-Fantasie die Kurse, Europa bleibt ohne große Tech-Schwergewichte anfälliger für Zins- und Konjunktursignale. Gold rutscht unter 4.000 USD. Im Fokus der Firmenmeldungen: Symrise senkt den Ausblick, organisches Wachstum nach 9 Monaten +2,6 % auf 3,78 Mrd. Euro - die Aktie schwach. Deutsche Börse meldet Q3-Gewinn 473 Mio. Euro +6 % und bestätigt den Kurs auf die Jahresziele. Nordex steigert Q3-Ebitda auf 136 Mio. Euro - Marge 8,0 % - Umsatz 1,71 Mrd. Euro. Ceconomy legt vorläufig beim Umsatz auf 23,1 Mrd. Euro zu - bereinigtes Ebit ca. 380 Mio. Euro +25 %. Rheinmetall plant in Bulgarien ein Munitions-JV über rund 1 Mrd. Euro - Kapazität 100.000 Geschosse pro Jahr. Amazon streicht rund 30.000 Büro-Jobs - Effizienz durch KI im Fokus. Nvidia investiert 1 Mrd. USD in Nokia zu 5,16 Euro je Aktie - Nokia springt zweistellig.

Find me on Substack: https://bogumilbaranowski.substack.com/Ritavan is a bestselling author of "Data Impact," former CTO, and data transformation expert with a decade of operating experience across sectors including banking (Société Générale), energy trading, consulting, and real estate technology, who advocates for treating digital initiatives like value investments rather than following technology trends.EPISODE NOTES3:00 - Ritavan shares the fascinating story behind having only one name—his grandfather's generation dropped last names as part of a social reform movement to combat caste-based discrimination in India, as colonial systems had turned last names into markers of social hierarchy.7:30 - Early career journey spans math research in Paris at École Normale Supérieure, market risk at Société Générale during the 2008 financial crisis obsession, and energy trading where he cleared his trading exam within six weeks despite not knowing what a megawatt was.13:45 - The core thesis emerges: following technology trends destroys business value. Ritavan argues that constantly chasing AI, cloud, or the latest tech is like an investor jumping between market fads—you're not playing the long game or building real competitive advantage.20:30 - Revolutionary perspective on value creation paradigms throughout history: hunter-gatherers relied 40-60% on traps (automation), agriculture depended on land, industrial age on machinery and raw materials, while the digital paradigm offers zero replication costs and near-zero personalization costs.27:00 - Introduces the SLASOG framework: Save (capital preservation, avoid groupthink), Leverage (find asymmetric opportunities), Align (commander's intent), Simplify (remove clutter), Optimize (maximize returns), Compound (play the long game), Keep (retain gains).36:30 - Roger Federer insight: He won only 54% of points but 80% of games due to tennis's nonlinear scoring system—a powerful metaphor for business success requiring asymmetric opportunities, not perfection.41:00 - Teaching the first LLM-native college students: Traditional assessment is obsolete when AI can summarize and synthesize better than humans. The solution? Open-ended problems with no single answer, forcing genuine creativity and collaboration.48:30 - Napoleon's battlefield genius: treating each battle from first principles, understanding the system, finding nonlinear advantages, and pioneering "commander's intent"—ensuring even illiterate foot soldiers understood strategic goals, not just tactical orders.54:45 - The North Star metric concept: Legacy businesses obsess over EBIT (backward-looking), but digital-age companies need forward-looking metrics that quantify customer value delivery to enable rapid adaptation and compounding gains.Podcast Program – Disclosure StatementBlue Infinitas Capital, LLC is a registered investment adviser and the opinions expressed by the Firm's employees and podcast guests on this show are their own and do not reflect the opinions of Blue Infinitas Capital, LLC. All statements and opinions expressed are based upon information considered reliable although it should not be relied upon as such. Any statements or opinions are subject to change without notice.Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed.Information expressed does not take into account your specific situation or objectives, and is not intended as recommendations appropriate for any individual. Listeners are encouraged to seek advice from a qualified tax, legal, or investment adviser to determine whether any information presented may be suitable for their specific situation. Past performance is not indicative of future performance.

Artificial intelligence (AI) is no longer just a buzzword in healthcare — it's becoming a real partner in how providers care for patients and improve everyday experiences. With rising patient expectations, limited resources, and mounting administrative complexity, hospitals and insurers alike are turning to AI to improve efficiency, communication, and satisfaction. In fact, Citi research estimates that roughly a quarter of all American healthcare spending goes toward administrative tasks — and intelligent automation could reduce that burden by nearly 30%, underscoring the enormous potential for AI to make care delivery smarter and more sustainable.But as adoption accelerates, one key question looms: Can AI truly make healthcare more human — or does automation risk depersonalizing care?In this episode of I Don't Care with Dr. Kevin Stevenson, guest Brett Kiley, Vice President of Healthcare Solutions at Ciklum, explores how artificial intelligence can elevate — rather than replace — the patient experience. Together, they discuss practical, high-impact applications of AI that improve outcomes for both patients and providers, while emphasizing that technology alone can't fix broken processes or disengaged teams.Key points of discussion…Fix the process first. AI only accelerates what's already working — it can't fix a bad workflow. Kiley stresses that organizations must repair operational inefficiencies before layering in intelligent automation.Predictive, proactive patient care. By modeling data from multiple sources, Ciklum helps healthcare organizations identify at-risk patients before issues arise, reducing readmissions and improving satisfaction.AI for empathy and efficiency. From ambient AI that automates clinical documentation to analytics that highlight emotional drivers of patient frustration, AI can empower providers to focus on care — not clicks.Brett Kiley is the Vice President of Healthcare Solutions at Ciklum, where he helps healthcare organizations design and scale AI-driven customer experience and operational strategies that deliver measurable ROI. With over 20 years at CVS Health, he led digital transformation and patient experience initiatives that lifted Net Promoter Scores from 24 to 76, drove $100M+ in EBIT impact, and reduced call volumes by nearly half. Known for his hands-on healthcare expertise and data-driven approach, Kiley now advises hospitals, insurers, and startups on turning complex systems into efficient, patient-centered experiences powered by AI.

In this episode, panelists discuss how global incentives may improve cash flow, increase EBIT and support operational performance. They will provide an overview of how global incentives can deliver benefits across an organization's R&D, supply chain, production activities, sustainability and capital investments.   

Le stime del Retailer Barometer Confimprese-Jakala rivedono al ribasso le previsioni di crescita dei consumi per il 2025: l'ultimo trimestre si prospetta a crescita zero, rispetto al +1,7% atteso a inizio anno. Marginalità in calo per la metà delle aziende, con punte dell'80% nel comparto abbigliamento-accessori, che chiuderà l'anno a -2,3%. In difficoltà anche la ristorazione (-1%), mentre solo il comparto "altro retail" (casa, elettronica, telefonia, libri, cura persona, fitness) è atteso in positivo (+1,8%).Mario Maiocchi, direttore del Centro studi Confimprese, sottolinea che, nonostante l'inflazione sotto controllo, i consumatori restano prudenti, frenando i consumi discrezionali. Ad agosto il fatturato è cresciuto solo dell'1% su base annua, mentre il periodo gennaio-agosto segna un -0,4% rispetto al 2024, segnale di una crisi ancora persistente e di acquisti sempre più ragionati. Interviene Mario Resca, presidente Confimprese.Ferrari: nel 2030 ricavi a 9 miliardi e 20% offerta elettrica. Le azioni affondano in BorsaFerrari punta a raggiungere 9 miliardi di ricavi nel 2030 con 4,7 miliardi di investimenti nei prossimi cinque anni e presenta la sua prima vettura elettrica: quattro porte, quattro posti, oltre 1000 cavalli e 530 km di autonomia. Nonostante il piano ambizioso, il titolo in Borsa ha perso fino al 16%.Il nuovo piano prevede una gamma al 2030 composta per il 40% da motori tradizionali, 40% ibridi e 20% elettrici. L'Ebit stimato sarà di almeno 2,75 miliardi (margine 30%) e l'Ebitda di 3,6 miliardi (margine 40%). Ferrari mira a un free cash flow industriale di 8 miliardi tra il 2026 e il 2030, sostenuto da forte profittabilità e nuovi lanci (quattro modelli l'anno). Previsto anche un aumento dei dividendi e un programma di buyback da 3,5 miliardi. Ne parliamo con Marigia Mangano, Il Sole 24 Ore.Cina, stretta su export di terre rare e tecnologie correlateLa Cina introduce nuove restrizioni immediate sull'export di terre rare e tecnologie collegate, imponendo licenze obbligatorie per estrazione, produzione e riciclo. Pechino motiva la misura con la necessità di «salvaguardare la sicurezza e gli interessi nazionali».Le terre rare sono essenziali per auto, elettronica e difesa, e la mossa acuisce le tensioni con Washington, che accusa la Cina di rallentare le licenze. L'Ue ha espresso preoccupazione, ricordando gli impegni presi nel summit Ue-Cina di luglio per un commercio più trasparente. Gli Stati Uniti e l'Europa lavorano per ridurre la dipendenza da Pechino, investendo nella produzione e nel riciclo di materie prime critiche. Il commento è affidato a Giuliano Noci - Professore ordinario in Ingegneria Economico-Gestionale, Politecnico di Milano.Confindustria giovani: "Priorità agli investimenti, il fondo di garanzia aiuti le imprese giovani"Il 10 e 11 ottobre torna a Capri il convegno dei Giovani Imprenditori di Confindustria, giunto alla quarantesima edizione, dal titolo "Ritmo. Il tempo dell'impresa che cresce". La presidente Maria Anghileri richiama la necessità di un cambio di passo nelle politiche economiche, con incentivi stabili per ricerca, sviluppo e Mezzogiorno.Anghileri evidenzia come solo il 9% della spesa pubblica sia destinato alla "filiera futuro" (natalità, istruzione, innovazione, startup) e denuncia la perdita di 153mila imprese giovanili in dieci anni. A Capri presenterà proposte per rilanciare gli investimenti e sostenere le imprese guidate da giovani. Facciamo il punto con Maria Anghileri, presidente dei Giovani Imprenditori Confindustria.

Die US-Politik dominiert: Ohne Verlängerung der Staatsfinanzierung droht ein Shutdown - Daten fielen aus, die Fed stünde im Blindflug. In Europa bleibt Inflation Thema, dennoch überwog Kauflaune. Der DAX schloss bei 23.881 Punkten, +0,6%. EuroStoxx50 5.526, +0,4%. ATX Wien 11.306, -0,2%. Gold als sicherer Hafen markierte ein Rekordhoch bei 3.871,45 Dollar je Feinunze. Unternehmen: Lufthansa - Piloten stimmen klar für Streik; verhandelt werden Betriebsrenten für rund 4.800 Pilotinnen und Piloten. Continental - nach Auto-Abspaltung und geplantem Contitech-Verkauf Fokus Reifen; rund zwei Drittel Umsatz entfallen, DAX-Verbleib offen. Hornbach - Q2-Umsatz knapp 1,7 Mrd. Euro, +3,0%; bereinigtes EBIT 110,5 Mio. Euro, -7,2%; Ergebnis 68,4 Mio. Euro, -15,3%. TKMS - stellt für GJ 2025/26 eine Dividende in Aussicht, um IPO-Anleger zu gewinnen. Boeing - arbeitet laut "WSJ" früh an einem 737 MAX-Nachfolger, Gespräche mit Rolls-Royce. Volkswagen - BGH verweist Vergleiche über gut 288 Mio. Euro mit Winterkorn (11,2 Mio. Euro) und Stadler (4,1 Mio. Euro) ans OLG Celle zurück. Exxon Mobil - streicht rund 2.000 Stellen, etwa 3-4% der Belegschaft.

Trotz Shutdown-Gefahr startet Wall Street freundlich: Dow +0,13 %, S&P 500 +0,27 %. Der Dollar steht unter Druck, Gold markiert Rekord mit 3.819,59 USD. In Europa gemischt, der DAX schließt kaum bewegt bei 23.745 Punkten, -0,02 %. Im Fokus: Rheinmetall knackt intraday 2.000 Euro nach Munitionsauftrag über 444 Mio. Euro. Rüstungswerte generell fest. Lufthansa bestätigt den Abbau von 4.000 Verwaltungsstellen und hebt die Zielmarge für das bereinigte EBIT auf 8-10 % an; 2024 lag das bereinigte EBIT bei 1,6 Mrd. Euro. Klöckner & Co. verkauft acht US-Distributionsstandorte, fokussiert auf höherwertiges und Service-Center-Geschäft. IPO-News: Ottobock setzt die Preisspanne auf 62-66 Euro (Bewertung 4,0-4,2 Mrd. Euro ), Ersthandel geplant am 09.10.2025. Biotech-Schock: MoonLake crasht um fast 90 % nach Studiendaten; UCB springt zweistellig. Nach Cyberangriff fährt Jaguar Land Rover die Produktion schrittweise hoch, flankiert von einer Kreditgarantie über 1,5 Mrd. Pfund. Börsenweisheit zum Schluss: "Die Märkte können länger irrational bleiben, als Sie solvent bleiben." - John Maynard Keynes

In the US overnight Wall St closed lower as investors pulled back from the recent AI run on comments made by Fed Chair Jerome Powell around equity prices being highly valued at present. The S&P500 closed 0.55% lower in afternoon trade, while the Nasdaq saw the biggest fall of 0.95%, and the Dow Jones is closed 0.19% lower so far on Tuesday.In Europe overnight it was a different story with markets closing in the green following the record strength on Wall St on Monday. The STOXX 600 rose 0.4%, Germany's DAX added 0.36%, the French CAC climbed 0.54% and, in the UK, the FTSE100 ended the day flat.Across the Asia region on Tuesday, markets closed mostly higher buoyed by a tech rally in the region after Nvidia announced a partnership with OpenAI. Taiwan's Taiex index rose 1.42% to a record high, while South Korea's Kospi index climbed 0.51%, Hong Kong's Hang Seng fell 0.99% and India's Nifty 50 ended the day down 0.13%.The local market started the new trading week with an extension of last week's rally as investor optimism has been boosted by strength on Wall St and the gold price soaring to new records which has boosted gold stocks to new heights. On Tuesday, the ASX200 posted a 0.4% gain at the closing bell as financial and materials stocks led the day's winning sectors.Myer (ASX:MYR) plunged over 30% on Tuesday after the department store giant released its FY25 results including a slight sales increase, but investors were more focused on responding to the 13.8% decline in EBIT while NPAT fell 30% YoY to $36.8m. The company also reported gross margins for Myer DS down 65bps due to a mix change toward concessions and promotional activity, and reported a statutory net loss of $211.2m primarily due to the acquisition of Premier Investments' apparel brands in January.Telix Pharmaceuticals (ASX:TLX) rallied a further 6% yesterday after announcing that the US Centres for Medicare & Medicaid Services has granted Transitional Pass-Through (TPT) payment status for Telix's Gozellix drug candidate which is the company's next-generation PSMA-PET imaging agent for prostate cancer.What to watch today:On the commodities front this morning, oil is trading 1.97% higher at US$63.50/barrel, gold is up 0.84% at US$3778/ounce and iron ore is flat at US$105.49/tonne.Ahead of Tuesday's trading session, the SPI futures are anticipating the ASX will open the day down 0.35% tracking Wall Street's slide overnight.Trading ideas:Bell Potter has maintained its hold rating on Technology One (ASX:TNE) and lifted its target price from $35.75 per share to $38.22 per share, ahead of its annual showcase event where the company's new products and developments will be highlighted.And Trading Central have identified a bullish signal in Navigator Global Investments (ASX:NGI), indicating that the stock may rise from the close of $1.20 to the range of $2.43 to $2.51 over a period of 21 days, according to the standard principles of technical analysis.

Today we’re going to dive deep into a company which plays an instrumental role in the Defence, Aerospace and Cyber & Digital Sectors. With over 83,000 employees dotted across five continents, our guest Thales provides solutions, services and products to help companies, organisations and governments carry out their critical missions. Think about air traffic management, training and simulation to even in-flight entertainment solutions used in the aerospace industry. Or signals intelligence, electronic warfare and collaborative combat systems for the defence and security industry. Or even satellite-based systems to help scientists observe our planet and better optimise the use of our solar system’s resources. Beyond that, the firm is also looking at identity management and data protection technologies that help banks exchange funds, people cross borders and energy become smarter and even more. Why are we speaking to Thales you might ask? Well, the firm had in July 2025 raised its sales forecast for the year of 2025 while posting better first-half sales and profit. Thales’ adjusted earnings before interest and taxes, or adjusted EBIT, came in at 1.248 billion euros, up 12.7% on the year on an organic basis. The strong showing was driven by strong sales growth in its aerospace and defence segment, and came on the back of increased military spending in Europe. But how far can the positive momentum be sustained, and how far will US tariffs throw a spanner in the works? What role will Asia and Singapore play in Thales’ playbook for the future? Speaking of Singapore, the firm said in May 2025 that it will launch a new artificial intelligence centre, called cortAIx, in the country to develop AI solutions for critical environments. It also inked an agreement with the Civil Aviation Authority of Singapore to launch an International Avionics Lab in 2026. But what should we know about the moves, and how important are they to longer-term growth for Thales as a whole? On Under the Radar Specials, Money Matters’ finance presenter Chua Tian Tian posed these questions to Emily Tan, CEO & Country Director, Thales Singapore.See omnystudio.com/listener for privacy information.

Provisionsmodelle im Vertrieb entscheiden über Performance und Planbarkeit. In dieser Folge spreche ich mit Alexander Dosse (Centify) darüber, welche Provision wann passt – und was im Sales einfach nicht funktioniert. Provisionen polarisieren: Von „braucht kein Mensch“ bis „ohne Provision keine Performance“ habe ich alles gehört. Mein Grundsatz: Provision ist ein Führungs- und Steuerungsinstrument, kein Ersatz für Management. Sie wirkt, wenn sie schnell spürbar ist, auf beeinflussbaren KPIs basiert und transparent abgerechnet wird. Genau hier passieren die größten Fehler: zu späte Auszahlungen, falsche Kennzahlen (z. B. EBIT), Deckelungen, die Leistung ausbremsen, und Quoten, die am Team vorbei geplant werden. Gerade im SaaS greifen mehrere Rollen ineinander: SDR, AE, PreSales und CSM. Bewährt hat sich eine gemeinsame Logik mit klarer Rollenwirkung. Ein praxiserprobtes Setup: Der SDR erhält eine Pauschale pro qualifiziertem Termin plus kleinen Deal-Anteil, der AE den größeren Abschlussanteil, der CSM wird über Verlängerung, Churn und Expansion incentiviert. So richten sich Provisionsmodelle im Vertrieb auf Umsatz, Kundennutzen und nachhaltiges Wachstum aus. Vier Bausteine für 90% der Fälle 1) Dealbeteiligung: prozentual am Umsatz/DB mit sauberer Attributionslogik – ohne „Mäuler-Stopfen“. 2) OTE/Quote: variables Zielgehalt (z. B. 70/30 oder 60/40 in DACH; 50/50 häufig in USA/UK) mit Cliff und Accelerators für Übererfüllung. Wichtig: nie nach oben deckeln, sonst werden Deals geschoben. 3) Bonuszahlungen: fixe Beträge für kurzfristig beeinflussbare Aktionen (z. B. „qualifizierter Termin“, „Produktbundle verkauft“). 4) SPIFs: zeitlich begrenzte Sprints zum Monats-/Quartalsende – monetär oder als Sachprämie. Starker Hebel, um Verhalten gezielt zu steuern. Vermeide Fehlanreize: Wer nur nach Marge vergütet, verkauft keine Neueinführungen. Wer erst am Jahresende zahlt, verliert Motivation. Und wer ohne Datenqualität plant, erntet Misstrauen. Darum mag ich Tools, die Echtzeit-Transparenz schaffen: Centify dockt an gängige CRMs an, rechnet automatisch und erlaubt Simulationen für neue Pläne. Umsetzungstipp: Ziele top-down & bottom-up kalibrieren, historische Daten prüfen, Regeln einfach formulieren („ein Satz, ein Beispiel“), monatlich auszahlen – und Kultur nutzen: Rankings, Golden Hours, kleine Wettkämpfe. So entsteht positiver Leistungsdruck statt System-Gaming. Fazit: Das perfekte System gibt es nicht – aber das passende. Mit klaren KPIs, schneller Auszahlung und den vier Bausteinen setzt du Provisionsmodelle im Vertrieb so auf, dass sie Wachstum wirklich treiben.  

Private Equity: Klingt nach Finanzwelt, betrifft aber längst auch die IT. Wenn Investoren mit ambitionierten Renditezielen in schnell wachsende Unternehmen einsteigen, muss auch die IT ihren Beitrag leisten, um den EBIT zu steigern. Christoph Straub, der als Partner die Private Equity Practice bei ACENT verantwortet, kennt die typischen Herausforderungen. Eines der wichtigsten Ziele sind oft Einsparungen, etwa die IT-Kosten. Alle zwei bis drei Jahre sind Einsparungen von 10 bis 30 Prozent möglich - jedoch mit rein internen Skills und Erfahrungen oft kaum zu realisieren. In Unternehmen, an denen sich ein Investor beteiligt hat, müssen IT-Strukturen oft modernisiert oder gar erst geschaffen werden. Auch Themen wie Datenqualität oder Prozesse sind zu verbessern. Ein Gespräch über die Lage im Private-Equity-Geschäft, IT-Sicherheit als oft "notwendiges Übel" und Transformationen unter Zeitdruck.

In this podcast, PwC's David Ledure, Tanja Keser and Alex Xiang discuss the complex interplay between financial transactions and operational transfer pricing, including how activities above and below the EBIT line interact.Support the show

What happens when strong biology collides with weak markets? In this episode, we break down the Q2 earnings season in salmon farming, where EBIT margins have tightened, prices continue to slide, and producers are facing tough calls on investment, strategy, and survival. From Mowi's consistency to Bakkafrost's split results, and from Norway's political backdrop to Scotland's biological struggles, we look at who's weathering the storm and who's most exposed. Beyond the numbers, we explore the Catch-22 of salmon farming: better fish health leading to oversupply and weaker profits, just as ecological and political pressures intensify. Download the full report here.For more aquaculture insights head to our Fish n' Bits blog.

Vi kör på, men det blir ett tisdagssläpp denna vecka. Vi snackar först lite löst om allt möjligt och bland annat om Premium Snacks och försäljningarna där. Vi divar oss också lite över lyckade dippköp och vinsten i vår egen PinPoint-tävling. Klappar vår egen axel med andra ord. Vi har också med oss https://bellugio.shop/ som sponsor! Fina cashmere-tröjor i högkvalité och med GÖTTTJÖT får man 25% rabatt!Sedan blir det rapporter! Som vanligt kör vi rapportperioden ihop med PinPoint Estimates! Vi börjar med att prata om Angler Gaming (00:27:00) vars rapport togs emot sådär av marknaden. Det verkar bli ett ytterligare omställningsår för Angler med motvind. Det är dock inte dyrt, så får Kalita ordning på tillväxten så kan det bli bra. Gedda pratar sedan Freetrailer (00:48:16) och de danska släpvagnskungarna gjorde ingen besviken. Stark rapport och Nikolaj fortsätter leverera. Sedan blir det Generic (01:07:35). Vi insåg att vi pratade ganska mycket om det sist men går igenom en del till. Det börjar se ganska billigt ut på 2025e faktiskt, även om vi hoppas på lite mer transparens framåt. Sist ut blir Opter (01:24:41). Bolaget har varit en maskin som taktat på fint. Man växer visserligen topline men inte i någon sprudlande takt. EBIT minskar och marknaden känns tuff för logistikkunderna. Värderingen är inte låg så dags att steppa upp. Sedan blir det Veckans Volley (01:43.04) som avslutar det hela som vanligt. Återigen tack till SAVR, Bellugio och PinPoint!Kolla in vår SAVR-portfölj på Twitter/X och Bluesky: @GottTjotAktierMaila in till: gotttjotomaktier@gmail.comFölj oss på Twitter/X och Bluesky: @GottTjotAktier, @MarkusGedda & @aktiehesten-(00:09:56) - Vinnaren av PinPoint-tävlingen(00:13:24) - Nyheter(00:27:00) - Angler Gaming(00:48:16) - Freetrailer(01:07:35) - Generic(01:24:41) - Opter(01:43.04) - Veckans volleySupport this show http://supporter.acast.com/nantingomaktier. Hosted on Acast. See acast.com/privacy for more information.

I det här avsnittet får du stifta bekantskap med Christoffer Ahnemark som förvaltar fonden Ålandsbanken Nordiska Småbolag. En fond som tiltar mer mot värde än growth och jagar bolag med låg värdering och hög direktavkastning hos bolag som ofta förbises. Han delar med sig av sin investeringsfilosofi, som bygger på att gå mot strömmen, hitta undervärderade bolag och våga agera där andra tvekar. Samtalet rör sig mellan personliga reflektioner, historiska exempel och konkreta strategier för att hitta guldkorn på börsen.Han berättar om varför Tomra lockar mer än Envipco, varför Axfood är underskattat och att COOP riskerar att gå i konkurs inom några år. Dessutom får vi veta varför norska fastighetsbolaget Entra är spännande, ett bolag som flertalet svenska fastighetsbolag uppvaktat och tankat aktier i senaste åren.En spännande och inspirerande lyssning om EBIT-bryggor, dividender, profiter och dividendavkastningar.Sist men inte minst, vad innebär Quattro Stagioni-förvaltning?Delikat lyssning på dig,NicklasDe pengar som placeras kan både öka och minska i värde och det är inte säkert att du får tillbaka hela det insatta kapitalet. Historisk avkastning är ingen garanti för framtida avkastning.Quarreo Stagione förvaltningen Hosted on Acast. See acast.com/privacy for more information.

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture The EU is feeling the pressure, without the US the EU economy is nothing, same goes with most of the countries around the world. Trump is reversing the [CB] trade policies. The Fed is panicking, Trump is going after the Fed and they are trying to stop him, so they ruled on his parallel system, this will fail. Trump and the patriots are putting everything place to make sure the [DS] cannot cheat the midterms. Trump is doing everything he can without congress passing laws. The pieces are coming together and it will be difficult for the [DS] to cheat. This has to be done to take back full control. The [DS] is building the narrative to counter this by pushing the idea that Russia is responsible for immigration and cyber attacks in the EU. Playbook known.   Economy Eurozone's Economic Outlook Worsens Amid U.S. Tariffs, Domestic Pressures the Eurozone's economic outlook has indeed deteriorated, driven by a combination of external pressures from U.S. tariffs and internal domestic issues. Recent data from the European Commission shows a decline in economic sentiment, signaling broader pessimism among businesses and consumers.   The tariffs target key EU exports, leading to reduced demand and higher costs.Key quantitative impacts from analyses include:  Estimates vary by scenario, but a baseline tariff increase could reduce EU GDP by 0.2% to 0.8%. For instance, in a symmetric tariff war, GDP might fall by 0.8-1.2%, with Germany facing a 0.4% contraction.   The EU's trade surplus with the U.S. is shrinking amid surging imports, exacerbated by trade diversion from China (e.g., a 12% year-on-year increase in Chinese exports to the EU as of May 2025).   The automotive industry faces double-digit hits to earnings, with potential 53% drops in export demand for machinery and equipment under a 10% tariff hike. Pharmaceuticals and chemicals are also at risk, though some exemptions apply. Sector 2023/2024 EU Exports to U.S. (EUR billion) Potential Impact from Tariffs Machinery & Equipment 157.7 High vulnerability; 53% export demand drop per 10% tariff Automotive Not specified (major exposure) Double-digit EBIT declines for key firms Pharmaceuticals 54.6 Exempt currently, but risk if targeted Chemicals & Metals Significant (part of broader exposure) Asset quality deterioration in banking Employment effects are notable, with 8,000-10,000 job losses estimated per EUR 1 billion reduction in exports, potentially raising unemployment by 0.1% in hard-hit countries like Germany and Ireland. Source: wsj.com Trump Canceling $679M in Federal Funding for Offshore Wind Projects The Trump administration said on Friday it was canceling $679 million in federal funding for 12 offshore wind projects, including $427 million for a California project. U.S. Transportation Secretary Sean Duffy announced that the department was canceling or terminating awards made under the administration of former President Joe Biden. Source: newsmax.com (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); https://twitter.

As reporting season enters its final week, we've seen 174 companies release their results, with 19% beating expectations. With more companies downgraded than upgraded by brokers, the importance of meeting valuations and maintaining solid outlook remains clear for investors. Some of the key themes looking ahead towards FY26 include the housing crisis driving tailwinds in for property developers, strengthening balance sheets from asset sales, and the challenges for expansion strategies into the US. In this week's video, Grady covers:(0:53) Cedar Woods Properties (ASX:CWP): property market tailwinds and strong pipeline drove solid results(2:51) Coles Group (ASX:COL): reported slightly ahead of expectations in their supermarket division(4:15) Endeavour Group (ASX:EDV): fell over 1% on weakness in its retail segment and modest forecasts(5:27) Aussie Broadband (ASX:ABB): surged 20% on strong FY25 results and positive forecast(6:27) Reece Plumbing (ASX:RCE): fell 16% after reporting decline in sales and EBIT.

JOST Werke SE H1 2025: Key TakeawaysQ2 2025: Resilience, Strategic Focus, and Hyva PMI Integration

Die Themen im heutigen Versicherungsfunk Update sind: BDV kritisiert geplantes 2. Betriebsrentenstärkungsgesetz Der Bund Deutscher Vermögensberater (BDV) begrüßt zwar die Absicht der Bundesregierung, mit einem 2. Betriebsrentenstärkungsgesetz die betriebliche Altersversorgung (bAV) insbesondere im Mittelstand zu fördern. Doch die vorgesehene Öffnung des Sozialpartnermodells für nicht tarifgebundene Unternehmen hält der Verband für praxisfern. BDV-Vorsitzender Dr. Helge Lach kritisiert, dass die Direktversicherung im Mittelstand längst etabliert sei und die Reform daher „ins Leere“ gehe. Zudem erschwerten hohe Komplexität und Restriktionen die bAV-Einführung in kleinen und mittleren Unternehmen. ifo-Studie: Viele Selbständige zweifeln an Altersvorsorge Mehr als die Hälfte der Selbständigen ist unsicher, ob ihre Altersvorsorge den Lebensstandard im Ruhestand sichern kann. Laut ifo Institut halten 32 % ihre Vorsorge für unzureichend, weitere 22 % sind unsicher. Nur 46 % sehen sich ausreichend abgesichert. Zwar verfügen 97 % über mindestens eine Vorsorgeform, meist Fonds, Wertpapiere, Immobilien oder private Rentenversicherungen. Knapp die Hälfte hat zudem Ansprüche aus der gesetzlichen Rentenversicherung. Je mehr Vorsorgeoptionen kombiniert werden, desto höher ist das Gefühl finanzieller Sicherheit. DEVK-Studie: Frauen tragen Verantwortung für Altersvorsorge, bleiben aber oft unsicher Drei von vier Frauen kümmern sich eigenständig um ihre Altersvorsorge, zeigt eine repräsentative Civey-Umfrage im Auftrag der DEVK. Dennoch bleibt die finanzielle Sicherheit fragil: Ursachen sind Teilzeitarbeit, geringes Einkommen und Familienphasen. Laut GDV lag die durchschnittliche Rente von Frauen 2023 bei 936 €, deutlich weniger als bei Männern (1.427 €). Bei Vorsorgelösungen wünschen sich Frauen vor allem Garantien (49 %), niedrige Kosten (41 %) und Flexibilität (25 %). HDI Global: Deutschlandgeschäft treibt Halbjahresergebnis HDI Global hat im ersten Halbjahr 2025 Umsatz und Gewinn deutlich gesteigert. Der Versicherungsumsatz stieg währungsbereinigt um 8 % auf 5,1 Mrd. €, das EBIT um 24 % auf 377 Mio. €. Die Schaden-/Kostenquote blieb mit 91,6 % im Zielkorridor. Wesentlichen Anteil am Erfolg hatte die deutsche Niederlassung, die über alle Sparten hinweg im Neugeschäft zulegen konnte. Vorstand Dr. Barbara Klimaszewski-Blettner betonte die Stärke im Deutschlandgeschäft, während Managing Director Stephan Geis auf neue Produkte wie Kautionsversicherung und Cyber-Initiativen verwies. Gold für HDI und LV 1871 bei BU-Marktstandards Die infinma-Analyse 2025 zu den Marktstandards in der Berufsunfähigkeitsversicherung bringt erstmals Gold-Auszeichnungen hervor. HDI und LV 1871 erhielten die neue Höchstbewertung, weil ihre Tarife in besonders vielen Kriterien den Branchendurchschnitt übertreffen. Insgesamt erfüllen rund 70 % der 385 untersuchten BU-Tarife die Anforderungen – ein deutlicher Qualitätsanstieg gegenüber dem Vorjahr. TSV 1860 und die Bayerische starten Regio-Tour Der TSV 1860 München bringt in der Saison 2025/2026 seine Profimannschaft direkt zu den Fans in Bayern. Gemeinsam mit Hauptsponsor die Bayerische startet der Verein eine Regio-Tour mit 4 kostenlosen Spielen vor Ort. Gastgebervereine können sich bewerben und erhalten alle Einnahmen aus Gastronomie – auf Eintrittsgelder wird verzichtet. Den Auftakt macht der FC Amberg.

Måndag och många är tillbaka på jobbet. Det är rapportperiod och en intensiv period framåt för småbolagsälskare. Vi tackar fina PinPoint som sponsrar dagens avsnitt!Vi börjar tjöta om flertalet olika rapporter som vi sett flyga förbi (00:04:52). Det är många stora rörelser där ute, både på upp- och nedsidan. Det blir sedan snack om Evolution (00:24:26) och den evigt långa sagan kring blankarraporten från 2021. Den verkar aldrig ta slut och blossade upp igen här under veckan. Osäkerhet och oklarheter är inget marknaden gillar och aktien gick ner ganska rejält. Sedan blir det Fractal Gaming (00:47:35), som rapporterar sin Q2:a. Svag tyckte marknaden som handlade ner aktien 15%, likt Hästen förutspått. Det påpekar han även nöjt. Produktmarginalen var svag pga tariffer, frakter och annat måg. Detta påverkade EBIT negativt. Vissa har även frågat sig lite kring segmentet ”Övrigt” som minskade qoq. Lite oklart framåt även om det finns ingredienser som kan vara positiva för Fractal framåt. Sedan blir det snack om Hellofresh (01:13:26). Marknaden handlade ner HFG rejält på rapport och medgången har fortsatt. Kollar man på caset så ser det väldigt billigt ut just nu, och frågan är om marknaden har fel eller kanske svenska investerare med Gött Tjöt som en av dem. 2026 blir spännande, minst sagt. Sedan blir det Veckans Volley (01:56:38) som avslutar det hela som vanligt. Återigen tack till SAVR och PinPoint!Kolla in vår SAVR-portfölj på Twitter/X och Bluesky: @GottTjotAktierMaila in till: gotttjotomaktier@gmail.comFölj oss på Twitter/X och Bluesky: @GottTjotAktier, @MarkusGedda & @aktiehesten-(00:04:52) - Rapporter(00:24:26) - Evolution(00:42:18) - Regleringen i UK(00:47:35) - Fractal Gaming(01:13:26) - Hellofresh(01:56:38) - Veckans VolleySupport this show http://supporter.acast.com/nantingomaktier. Hosted on Acast. See acast.com/privacy for more information.

Hypoport SE H1 2025: Key TakeawaysHypoport SE H1 2025: Rebounding Stronger in Germany's Digital Finance EcosystemPresented by Ronald Slabke, CEOIn his H1 2025 presentation on seat11a.com, Ronald Slabke, CEO of Hypoport SE, outlines a strong rebound in operating performance, signalling a continuation of the recovery that began in late 2024. With double-digit revenue growth, a 94% increase in EBIT, and stable platform expansion, the digital financial service provider reinforces its leadership in Germany's mortgage and real estate ecosystems.H1 2025 Key Financial Figures (Adjusted): - Revenue: approx. €305 million (+13% YoY) - Gross Profit: approx. €130 million (+14% YoY) - EBIT: approx. €16 million (+94% YoY) - EBIT Margin: significantly improved - Free Cash Flow: positive trend continuedQ2 2025 Highlights: - Revenue: approx. €146 million (+6% YoY) - Gross Profit: approx. €64 million (+13% YoY) - EBIT: approx. €7.4 million (nearly 2x YoY)CEO Ronald Slabke's Commentary: “The growth trajectory that began with the private mortgage market rebound in 2024 continues into the first half of 2025. Our platforms—especially Europace, Finmas, and Genopace—are benefiting from both market recovery and stronger partner engagement. Our digital ecosystem is gaining depth, and we are becoming increasingly indispensable to our partners.”Platform and Segment Highlights: Real Estate & Mortgage Platform (Europace, Finmas, Genopace): - Core growth driver in H1 2025 - Transaction volume grew faster than the market average - Productivity improvements for banks, brokers, and insurers - Increased automation and better customer journeys attracted new partners - Continued scaling in cooperative banking segments - Financing Platform (B2B Lending): Stable but slower growth - Mixed performance across corporate lending and development financing - Cost control measures offset margin pressure - Focus on digitising manual processes - Insurance Platform: Solid user base, modest revenue growth - Further digital product investments underway - Evaluating enhanced cross-platform capabilities with mortgage platforms Real Estate Platform: - Slight uptick in transaction-based revenue - Lower asset rotation in institutional real estate segment - Preparing to integrate deeper ESG metrics into listings and analytics - Steady partner base growth in mid-sized housing segment Strategic Themes Driving Momentum: - Continued digitisation of real estate financing in Germany - Platforms like Europace becoming essential infrastructure - Regulatory pressures driving demand for compliance automation - Strengthening network effects between banking and insurance partners - Record-high customer loyalty metrics Financial Stability and Operational Leverage: - Improved operating leverage from higher platform utilisation - Disciplined hiring focused on product and technology - Ongoing cost focus with targeted R&D investment - Conservative capital allocation prioritising organic growth and profitability▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Die Themen im heutigen Versicherungsfunk Update sind: Generali plant neue Konzernzentrale im Münchener Werksviertel Die Generali Deutschland AG verlegt ihren Hauptsitz bis Ende 2028 von Neuperlach in das neu entstehende „Momenturm“-Gebäude im Münchener Werksviertel. Der 28.000 m² große Neubau soll moderne Arbeitskonzepte, hohe Energieeffizienz und eine zentrale Lage verbinden. Ziel ist es, die kulturelle Transformation des Unternehmens zu fördern und die Attraktivität als Arbeitgeber zu steigern. Rund 2.000 Mitarbeitende werden künftig dort arbeiten. GDV: Schadenbilanzen von E-Autos und Verbrennern nähern sich an Die Vollkasko-Schäden von Elektroautos liegen laut GDV-Auswertung im Schnitt nur noch 15–20 % über denen vergleichbarer Verbrenner – zuvor waren es 20–25 %. Auch die Schadenhäufigkeit nähert sich an: Statt 15–20 % weniger Schäden sind es aktuell nur noch 10–15 %. GDV-Vizechef Anja Käfer-Rohrbach sieht darin einen positiven Trend für die Mobilitätswende. Mehr zugelassene E-Autos, breitere Modellpaletten und wachsende Reparaturerfahrung tragen zur Angleichung bei. MLP mit Rekorderlösen im ersten Halbjahr 2025 Die MLP Gruppe hat im ersten Halbjahr 2025 Gesamterlöse von 529 Mio. € erzielt – ein neuer Höchststand. In den Leistungsbereichen Vorsorge (+5 %) und Absicherung (+6 %) legte das Geschäft deutlich zu, während Vermögen (+2 %) kapitalmarktbedingt etwas schwächer wuchs. Das EBIT lag mit 42,7 Mio. € unter dem starken Vorjahreswert (48,7 Mio. €), jedoch über dem Fünfjahresschnitt. MLP bestätigte die Jahresprognose (EBIT 100–110 Mio. €) sowie die Planung für 2028 mit einem EBIT von 140–150 Mio. €. Wachstumsimpulse erwartet das Unternehmen unter anderem aus KI-Investitionen und einer strategisch breiten Aufstellung. ASCORE Analyse aktualisiert Scoring für Einkommenssicherung und Pflege ASCORE Analyse hat den Scoring-Jahrgang 2025 für die Produktbereiche Einkommenssicherung sowie Pflege- und Todesfallabsicherung veröffentlicht. Bewertet wurden 350 Tarife in den Kategorien Berufsunfähigkeit, Dread Disease, Erwerbs- und Grundfähigkeit sowie 135 Tarife in Risikoleben, Sterbegeld und Pflegerente. Neu sind ein überarbeitetes Layout, sprachlich gestraffte Kriterien und klarere Erläuterungen für eine bessere Vergleichbarkeit. Die Auswertung basiert auf einem einheitlichen Punktesystem und wird in einem 6-Kompass-System visualisiert. Talanx erzielt Rekord-Halbjahresergebnis und hebt Prognose an Die Talanx Gruppe hat im ersten Halbjahr 2025 einen Gewinn von 1,373 Mrd. € erzielt – ein Plus von 26 % gegenüber dem Vorjahr. Getrieben wurde das Wachstum durch starkes operatives Geschäft, normalisierte Großschadenleistungen und Währungseffekte. Alle Geschäftsbereiche trugen zum Ergebnis bei. Die Jahresprognose wurde von über 2,1 Mrd. € auf etwa 2,3 Mrd. € angehoben. Die Eigenkapitalrendite lag bei 23,4 %, der Versicherungsumsatz stieg währungskursbereinigt um 5 % auf 24,2 Mrd. €. LVM-Krankenversicherung zahlt 19,2 Mio. € an Kunden aus Über 35.000 privat Krankenversicherte der LVM erhalten für 2024 im Schnitt rund 700 € pro Vertrag zurück. Die Rückerstattung geht an Versicherte, die keine oder nur geringe Leistungen in Anspruch genommen haben – auch anteilig an Neukunden. Insgesamt schüttet die LVM 19,2 Mio. € aus.

In the U.S. overnight the S&P and Nasdaq reset their respective record highs while the Dow Jones also closed higher as investors welcomed the latest CPI reading which came in tamer than expected. The S&P 500 rose 1.13%, the Nasdaq added 1.4% and the Dow Jones ended the day up 1.1%. The US CPI reading rose 2.7% on an annualised basis in July which fell short of economists' estimates of a 2.8% rise, while core CPI rose 3.1% which slightly beat expectations. The data indicates Trump's tariffs are having a lower impact than expected on inflation and supports the case for the Fed to consider a rate cut in the near future.In Europe overnight, markets closed mostly higher in the region after US inflation accelerated less than expected. The STOXX 600 rose 0.24% on Tuesday while the French CAC added 0.8% and the UK's FTSE100 climbed 0.22%, but Germany's DAX fell 0.13%.Across the Asia region on Tuesday, markets in the region closed mostly higher after a tariff truce was called between the US and China. Japan's Nikkei hit a record high, ending the day up 2.15%, while Hong Kong's Hang Seng added 0.25% and China's CSI index ended the day up 0.52%.The local market started the new trading week higher with a 0.41% rise on Tuesday, following the RBA's 0.25% or 25-bps rate cut yesterday and on the back of key catalysts in the earnings and materials spaces over the last few sessions.The RBA's rate cut was expected and the board said ‘with underlying inflation continuing to decline back towards the midpoint of the 2–3 per cent range and labour market conditions easing slightly, as expected, the Board judged that a further easing of monetary policy was appropriate' but there was no discussion of a larger rate cut as Australia's central bank takes a more conservative approach to the rate journey amid extensive macro factors influencing our inflation journey.On the reporting season calendar yesterday we saw shares in geolocation tracking services and hardware company Life360 (ASX:360) soar 9% after the company released Q2 and H1 results that topped expectations including a 36% jump in both revenue and annualised monthly revenue.While at the other end of the market Seven Group (ASX:SGH) tumbled 9% following the release of FY25 results including revenue up just 1% while low to mid-single-digit EBIT growth is expected as guided to by management which will fall below that of the 8% delivered in FY25.What to watch today:On the commodities front this morning oil is trading 1.19% lower at US$63.20/barrel, gold is up 0.2% at US$3348/ounce and iron ore is up 0.73% at US$101.96/tonne.The Aussie dollar has strengthened against the greenback to buy 65.31 US cents, 96.47 Japanese Yen, 48.20 British Pence and 1 New Zealand dollar and 10 cents.Ahead of the midweek trading session the SPI futures are anticipating the ASX will open the day up 0.16%.Trading Ideas:Bell Potter has decreased the 12-month price target on SGH (ASX:SGH) from $54 to $51 and maintain a hold rating on the diversified company following the release of the company's results as the analyst sees the company is facing short-term cyclical headwinds in construction markets, offsetting healthy operating conditions in mining markets.And Trading Central has identified a bearish signal on Auckland International Airport (ASX:AIA) following the formation of a pattern over a period of 7-days which is roughly the same amount of time the share price may fall from the close of $6.94 to the range of $6.59-$6.65 according to standard principles of technical analysis.

In Episode 37, of Season 5 of Driven by Data: The Podcast, Kyle Winterbottom was joined by Ash Dhupar, Chief Data & AI Officer at Analog Devices (Fortune 500) where we explore how data leaders can link their work directly to measurable EBIT and revenue gains, and how the Chief Data Officer role has shifted from “data quality” to “profitability driver.” Ash shares a real life example of unlocking $50M in yield improvements by connecting siloed manufacturing data, and why predictive AI is key to stopping costly waste before it happens. We unpack the importance of the three-legged stool; balancing technology, business alignment, and process change, and why CDOs must own delivery end-to-end to shift the outdated perception that data is “just reporting.” You'll hear why scaling AI demands new skills, how too many “chiefs” has slowed progress can slow progress. We also discuss why agentic AI at scale is still 18–24 months away, and how AI-first strategies can multiply EBIT impact by 2–10x to create lasting competitive advantage.Thanks to our sponsor, Data Literacy Academy.Data Literacy Academy is leading the way in transforming enterprise workforces with data literacy across the organisation, through a combination of change management and education. In today's data-centric world, being data literate is no longer a luxury, it's a necessity.If you want successful data product adoption, and to keep driving innovation within your business, you need to start with data literacy first.At Data Literacy Academy, we don't just teach data skills. We empower individuals and teams to think critically, analyse effectively, and make decisions confidently based on data. We're bridging the gap between business and data teams, so they can all work towards aligned outcomes.From those taking their first steps in data literacy to seasoned experts looking to fine-tune their skills, our data experts provide tailored classes for every stage. But it's not just learning tracks that we offer. We embed a deep data culture shift through a transformative change management programme.We take a people-first approach, working closely with your executive team to win the hearts and minds. We know this will drive the company-wide impact that data teams want to achieve.Get in touch and find out how you can unlock the full potential of data in your organisation. Learn more at www.dl-academy.com.

Wacker Chemie AG H1 2025: Key TakeawaysWacker Chemie AG: Q2 2025 Financial ResultsPresented by Joerg Hoffmann, CFA – Head of Investor RelationsIn this detailed financial update, Joerg Hoffmann, CFA, Head of Investor Relations at Wacker Chemie AG, presents the company's performance for Q2 2025. While the group navigates persistent macroeconomic headwinds, FX volatility, and softer demand, Wacker remains strategically focused and financially stable with a strong balance sheet and proactive measures to improve profitability.

ZEAL Network SE H1 2025: Key TakeawaysZEAL Network SE: Digital Growth Momentum Continues in H1 2025Presented by CFO Andrea Behrendt on seat11a.comZEAL Network SE continues its strong digital performance in H1 2025 with an impressive 76% growth in EBITDA, expanding customer numbers, and the successful scaling of its online games and charity lottery segments. In her seat11a.com presentation, CFO Andrea Behrendt highlights the successful execution of ZEAL's long-term digital strategy, even in a challenging jackpot environment.H1 2025 Financial Highlights (vs. H1 2024): - Revenue: €101.5 million (+32.3%) - EBITDA: €35.4 million (+76%) - EBIT: €31.1 million (+92.5%) - Net profit after tax: €19.5 million (-47%, due to one-time tax gain in 2024) - EBITDA margin: 34.8% (vs. 26.2% in H1 2024)ZEAL's core lottery business generated €90.9 million in revenue, while the games segment surged by 49%, reaching €6.7 million. Despite only two jackpot peaks vs. six in the prior-year period, the company maintained strong billings and successfully activated new customer cohorts, demonstrating the resilience of ZEAL's customer acquisition strategies.Customer & Platform Growth: - Lottery billings: €527.3 million (+4%) - Monthly Active Users (lottery): 1.52 million (+12%) - Average billing per user: €58.03 (slightly down due to jackpot volatility) - Games MAUs: 26k (+32%) - Games ARPU: €42.40 (+15%)While new customer registrations were down 16% due to lower jackpot incentives, ZEAL still reached 499k new users, thanks to targeted brand marketing and platform engagement strategies. Cost-per-lead (CPL) rose to €46.93, reflecting broader media testing and inflation in media costs.Games & Platform Expansion:ZEAL now offers more than 480 online games, with strong usage growth and clear monetisation upside. The company continues to develop this vertical as a strategic pillar, targeting €14 million in annual games revenue in 2025.Traumhausverlosung Update: - 3rd draw concluded in June 2025, raising €1.6 million for charity - 4th draw (St. Peter-Ording) launched in September and shows very strong momentum - Total contributions to charity to date: €5.4 million - ZEAL expects over €30 million in billings from this segment in FY2025Operational Performance and Cost Dynamics: - Personnel costs rose 21% due to a 27% increase in headcount (from 195 to 247 FTE) and management restructuring - Marketing costs increased by 14%, reflecting stronger brand activity and market tests - Direct/indirect costs increased due to developer commissions, software, consultants, and one-off housing purchases associated with the raffle business - Despite these, EBITDA margin rose to 34.8%, highlighting solid operating leverage2025 Guidance Confirmed: - Revenue: €195–205 million - EBITDA: €55–60 million - Marketing spend: €60–70 million - Ongoing investments into charity lottery and online games▶️ Other videos: Elevator Pitch: https://seat11a.com/investor-relations-elevator-pitch/ Company Presentation: https://seat11a.com/investor-relations-company-presentation/ Deep Dive Presentation: https://seat11a.com/investor-relations-deep-dive/ Financial Results Presentation: https://seat11a.com/investor-relations-financial-results/ ESG Presentation: https://seat11a.com/investor-relations-esg/ T&C This publication is intended solely for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions as outlined on www.seat11a.com/legal and www.seat11a.com/imprint.

Der "Turnaround Thursday" macht seinem Namen alle Ehre. Zinshoffnungen und starke Quartalszahlen geben den Märkten Rückenwind. Der DAX schließt +0,4 % höher bei 23.857 Punkten, der Euro-Stoxx-50 gewinnt +0,1 %. Aus dem DAX überzeugt Infineon, während Fresenius Medical Care nach Zahlen leicht nachgibt. Commerzbank-Aktien verlieren vor den morgigen Zahlen -6,2 % auf 31,34 Euro. Der ISM-Service-Index aus den USA enttäuscht mit 50,1 Punkten - Zinssenkungsfantasien leben wieder auf. DHL steigert das Ebit um 6 % auf 1,4 Mrd. Euro, trotz Umsatzrückgang auf 19,8 Mrd. Euro. FMC verdient 476 Mio. Euro, Infineon 305 Mio. Euro (−24 %). Fraport verbessert das Ergebnis auf 384 Mio. Euro, bei leichtem Umsatzrückgang. Palantir springt nach starken Zahlen +7,5 %, Pfizer hebt die Prognose an. DuPont profitiert vom KI-Boom, Hugo Boss steigert das Ebit um 15 %. Der deutsche Automarkt legt zu, Tesla verliert Marktanteile. Spotify dreht erneut an der Preisschraube, Saudi Aramco meldet -22 % Gewinnrückgang. "Risiko entsteht dann, wenn man nicht weiß, was man tut." - Warren Buffett.

In the US today so far, Wall St closed lower as investors digested weak economic data against the latest tariff threats out of President Trump. ISM services index data flatlined for July adding to stagflation concerns in the US while stocks also came under pressure after Trump told CNBC that tariffs on chips and pharmaceuticals are coming soon. The S&P 500 ended the day down 0.5%, the Nasdaq dropped 0.65% and the Dow Jones ended the session down 0.14%.In Europe overnight, markets in the region closed mostly higher despite President Trump saying he will unveil new tariffs in the near future. The STOXX 600 rose 0.1%, Germany's DAX added 0.4%, the French CAC fell 0.1% and, in the UK, the FTSE 100 ended the day up 0.1%.Across the Asia region on Tuesday markets closed higher led by South Korea's Kospi index adding 1.6%, while Hong Kong's Hang Seng climbed 0.92%, China's CSI index added 0.4% and Japan's Nikkei ended the day up 0.64%.The local market started the new trading week in the green with a 1.23% surge on Tuesday as all sectors ended the day in positive territory following strength on Wall St on Monday night. Discretionary and financials were the best performing sectors with gains of 1.81% and 1.49% respectively, while staples managed the lowest gain with 0.34%.Australian consumer confidence rose to 90.6 points, the highest since May 2022, following easing inflation data and expectations of an interest rate cut by the Reserve Bank of Australia. The ANZ-Roy Morgan index saw significant improvements in both current and future financial conditions, with a 0.25% rate reduction anticipated this month.Telix Pharmaceuticals (ASX:TLX) plunged over 8% after it flagged higher operating expenses in the first half of the fiscal year to be around 36% of revenue for 1H25.Austal (ASX:ASB) added over 7.5% as it finalised its agreement with the federal government to become the country's leading defence shipbuilder. The company also impressed investors with a guidance update for FY25 with the new guidance expectation for EBIT of no less than $100m for the 12-months, higher than the previous guidance of no less than $80m.And Electro Optic Systems (ASX:EOS) rocketed 43% on Tuesday after announcing it has secured an order for a drone defence capability based on a new type of high-power laser, to the value of $125m (71.4million euros) from a European NATO Member State. The order is a world first export order for a 100-kilowatt class laser defence system.What to watch today:On the commodities front this morning, oil is trading 1.66% lower at US$65.20/barrel, gold is up 0.16% at US$3379/ounce and iron ore is up 1.21% at US$100.77/tonne.The Aussie dollar has strengthened against the greenback to buy 64.72 US cents, 95.56 Japanese Yen, 48.62 British Pence and 1 New Zealand dollar and 10 cents.Ahead of the midweek trading session the SPI futures are anticipating the ASX will open the new trading day up 0.13.Trading ideas:Bell Potter has significantly increased the 12-month price target on Electro Optic Systems (ASX:EOS) from $3.75 to $5.00 and maintain a buy rating on the defence manufacturer after the company secured its latest order valued at 71.4m euro. The new laser counter-drone capability was developed by EOS to address the urgent market need and emerging strategic requirement to defend against drone swarm attacks at an economical cost.And Trading Central has identified a bullish signal on AGL Energy (ASX:AGL) following the formation of a pattern over a period of 34-days which is roughly the same amount of time the share price may rise from the close of $10.00 to the range of $10.45 to $10.55 according to standard principles of technical analysis.

How strong is your dividend growth portfolio? Send it to us for a free evaluation at dcm.team@growmydollar.com. Plus, join our market newsletter for more on dividend growth investing. In what may be the largest M&A deal of 2025 so far, Union Pacific ($UNP) has made a formal bid to merge with Norfolk Southern ($NSC). The proposed merger not only furthers the consolidation of the quasi-monopolistic railroad industry but also raises important questions about what it means for investors. Given the time we've spent highlighting Union Pacific as a model of dividend growth, we believe this surprise announcement warrants an early-stage analysis. In this Express Mail episode, Greg covers:[01:12] Merger Details Union Pacific makes a surprise $20B bid for Norfolk Southern—despite their past capital discipline.[03:54] Financial Analysis: Debt, EBIT, and Credit Ratings How the merger affects profitability, interest coverage, and debt loads.[10:29] Lessons from Canadian Pacific's Kansas City Merger A similar deal that didn't go quite as planned—and what it might signal for UNP.[15:36] Dividend Outlook: What Now? We break down whether the combined railroad can still deliver 7% dividend growth.[17:59] Final Thoughts Is Union Pacific now a total return story, not a dividend growth story? Why we're holding through the uncertainty.  

Palfinger AG H1 2025: Key TakeawaysPalfinger AG H1 2025: Strategic Progress Amid Macroeconomic HeadwindsPresented by CFO Felix StrohbichlerIn the first half of 2025, Palfinger AG showed solid strategic progress despite a challenging macro environment. CFO Felix Strohbichler reported a decline in revenue and earnings, as expected, but emphasised that order intake is up, the service business is growing, and the foundation is laid for a strong second half.

In this episode: Faw Casson will close early on August 8 for their annual all-office beach day—a fun family tradition showing the firm's strong culture and appreciation for its people. The One Big Beautiful Bill Act (OBBBA) includes impactful updates for businesses and individuals—this episode dives into the lesser-known but highly relevant changes. C Corporation charitable donations are now subject to a 1% floor—but strategic business advertising can provide a workaround. Bonus depreciation is back at 100%, but with quirky timing: Section 179 may still be a smarter choice for some assets, depending on your purchase date. Business interest expense limitations now revert to using EBITDA instead of EBIT, a favorable shift for many larger companies. The adoption credit becomes refundable (up to $5,000), but only starting with the 2025 tax year. Opportunity zone reinvestment rules are extended and sweetened: You can now defer capital gains for five years and eliminate tax on appreciation if held for 10. The employer-provided child care credit jumps to 40%, with the cap increasing to $500,000—a major incentive for businesses with space to spare. Farmers selling farmland to other farmers can now spread capital gains tax over four years. 529 plans can now be used for more types of education expenses—distribution limit rises from $10,000 to $20,000 starting mid-2025. Several energy credits and deductions are expiring after 2025, including: Clean vehicle credit (for EVs acquired after 9/30/25) Residential solar and geothermal energy credits Home energy improvement deductions (like windows, doors, and water heaters) Wagering loss deductions will be limited to 90% of gambling income starting in 2026—another subtle but impactful change. The firm is offering free educational sessions in August to help business owners prepare for these tax law changes—one in Lewes (Aug 6) and one in Dover (Aug 12), with virtual access available. We're setting sail with two powerhouse guests from the Delaware Division of Small Business—Anastasia Jackson, Kent County Regional Business Manager, and JJ Moore, the Division's newly minted Business Finance Director. Whether you're scribbling your next big idea on a napkin or running a growing company, this episode delivers the kind of insight that turns entrepreneurial dreams into action plans. What Entrepreneurs Will Learn: Where to Begin Your Journey: Discover why the Division's motto, “It Starts With Us,” is more than a slogan—it's a literal roadmap for Delaware's entrepreneurs, from idea-stage to expansion. The Edge Grant 2.0: Learn how this newly enhanced funding program now offers more money, more finalists, and—crucially—free expert support to help you scale wisely, not just quickly. Access to Capital, Reimagined: JJ breaks down Delaware's three underutilized lending programs that provide flexible, low-interest loans—even for startups with little collateral or limited credit history. Unmatched Resources (at Zero Cost): From SizeUp Delaware (a free business analytics tool) to statewide partners like the SBDC, SCORE, and Main Street programs, you'll hear how the Division connects entrepreneurs to powerful support systems. Funding + Knowledge = Success: This episode emphasizes that capital alone doesn't grow a business—strategic guidance, data, and mentorship matter just as much. Collaboration Across Agencies: The Division's connections with tourism, public health, economic development, and supplier diversity efforts give entrepreneurs a true one-stop-shop for support. The Misconceptions: Find out why people often confuse this office with the SBA—and why understanding the difference could open unexpected doors. Whether you're trying to get your idea off the ground or figure out how to fund your next big move, this episode is packed with practical, real-world advice.  Find out more from the Delaware Division of Small Business.   

In this episode: Announcement of two new partners at the firm, Andy Tobias and Dan Steele, and their leadership roles. Discussion of the renamed "One Big Beautiful Bill" (now simply “the Act”) and its key tax provisions. Confirmation that individual tax brackets and standard deduction increases are now permanent. Explanation of the new $15 million estate and gift tax exemption for 2026. Details on the repeal of moving expense and miscellaneous itemized deductions (except for military and intelligence). Expansion of the SALT deduction cap to $40,000 through 2029 with income-based phaseouts. Child tax credit increased to $2,200 with refundable portion made permanent. New above-the-line deductions for: Overtime pay ($12,500 single / $25,000 joint, 2025–2028) Tipped income (industry list pending, capped and phased out by income) Seniors over 65 ($6,000 deduction, 2025–2028) Car loan interest for American-assembled vehicles (post-2024 purchases only, capped at $10,000) Charitable contributions (up to $1,000 single / $2,000 joint for non-itemizers) The 20% Qualified Business Income Deduction (QBI or “CID”) is made permanent and inflation-adjusted. Bonus depreciation is restored to 100% for qualifying business assets purchased after January 19, 2025. R&D expense deductions reinstated (no longer amortized). Business interest deductions revert to being based on EBITDA instead of EBIT. Changes to 1099 reporting: threshold for 1099-NEC/MISC rises to $2,000 starting in 2026. 1099-K reporting threshold set at $20,000 or 200 transactions (postponing more burdensome lower thresholds). Final reminder that many provisions are subject to budget reconciliation constraints, meaning some are temporary or have sunset dates. Interview Overview: Michael Kopp, Executive Director of the Elizabeth W. Murphey School In this inspiring interview, Michael Kopp shares how the Murphey School provides more than just shelter, it offers structure, support, and stability to Delaware youth in need. With a focus on life skills, financial literacy, and emotional growth, the school helps prepare kids for adulthood. Mike also emphasizes the deep-rooted commitment of the staff and the powerful impact of community involvement. Want to Help? You can donate or get involved by visiting: murpheyschool.org/donations/make-a-donationv

On this episode of Chit Chat Stocks, we research Joel Greenblatt and what we can learn from the investor who put up 50% annualized returns before fees for Gotham Capital. We discuss:(02:55) Who is Joel Greenblatt?(08:34) Gotham Capital's Performance(11:36) Special Situations Investing(12:34) Understanding Spin-Offs(19:30) Mergers and Arbitrage(23:35) Bankruptcies and Restructurings(32:35) Recapitalizations, Options, and Leaps(36:19) Understanding the Little Book: Quality Stocks at Cheap Prices(41:11) Screening for Value: EV to EBIT and ROIC(49:13) The Magic Formula: Combining Quality and Value(57:59) Lessons from Joel Greenblatt: Complexity and Homework*****************************************************JOIN OUR NEWSLETTER AND FREE CHAT COMMUNITY: https://chitchatstocks.substack.com/ *********************************************************************Chit Chat Stocks is presented by Interactive Brokers. Get professional pricing, global access, and premier technology with the best brokerage for investors today: https://www.interactivebrokers.com/ Interactive Brokers is a member of SIPC. *********************************************************************FinChat.io is the complete stock research platform for fundamental investors.With its beautiful design and institutional-quality data, FinChat is incredibly powerful and easy to use.Use our LINK and get 15% off any premium plan: ⁠finchat.io/chitchat *********************************************************************Bluechippers Club is a tight-knit community of stock focused investors. Members share ideas, participate in weekly calls, and compete in portfolio competitions.To join, go to ⁠Blue Chippers and apply! Link: ⁠https://bluechippersclub.com/*********************************************************************Disclosure: Chit Chat Stocks hosts and guests are not financial advisors, and nothing they say on this show is formal advice or a recommendation.

What happens when the biology is strong but the market turns against you? In this week's episode, we break down the Q1 2025 earnings from publicly traded salmon producers across six countries. While fish health remains solid, companies are facing some of the lowest salmon prices in recent memory, dragging down profits, shaking up leadership, and forcing a rethink of what “profitable farming” really means. We dive into EBIT/kg performance across the board, spotlight standout results from Grieg and Salmones Camanchaca, and unpack why Iceland and Canada are at a strategic crossroads. Download our report for Q1 of 2025.For more aquaculture insights head to our Fish n' Bits blog.

On this episode, host Sima Vasa talks to Greg Silverman, Global Director of Brand Economics at Interbrand. Greg shares how Interbrand quantifies the financial impact of brand and aligns marketing insights with shareholder value. Drawing from decades of brand valuation work, he explains how research, including discrete choice modeling, bridges the language gap between CMOs and CFOs. He also discusses the power of fast, data-driven solutions in transforming client strategy. Key Takeaways: (02:13) Greg's career journey blends retail, franchising, consulting, branding and tech innovation.(04:31) Metrics like awareness must connect to growth, EBIT, and share price.(07:58) Smaller, focused partnerships can deliver faster, more cost-effective solutions.(09:43) ​​Brand can account for far more value than leaders initially expect.(11:57) Understanding brand potential unlocks new revenue within specific market segments.(14:19) Research helps CMOs and CFOs align on brand investment decisions.(16:00) Traditional marketing metrics no longer justify brand investment alone.(17:54) Insights must bridge the gap to measurable business impact. Resources Mentioned: Interbrand Website Thanks for listening to the Data Gurus podcast, brought to you by Infinity Squared. If you enjoyed this episode, please leave a 5-star review to help get the word out about the show, and be sure to subscribe so you never miss another insightful conversation. #Analytics #MA #Data #Strategy #Innovation #Acquisitions #MRX #Restech

Send us a textCase interview math doesn't have to be scary - if you know the formulas. In this episode, we break down the 7 essential math formulas every candidate must master to succeed in consulting interviews. Tune in to learn:The difference between gross profit, EBIT, and EBITDAHow to calculate market size and shareWhy ROI is a must-know for M&A and investment cases& moreThis is a foundational episode for any consulting candidate serious about landing an offer. Want to go deeper? Grab our free Case Interview Formulas Cheat Sheet or join the Black Belt program to prep with an MBB coach. Your offer starts here.Additional ResourcesDownload free Case Interview Formulas Cheat SheetJoin the Black Belt program for expert help with your case prepGet the All Access Pass curriculum for a DIY approach to case prepConnect With Management Consulted Schedule free 15min consultation with the MC Team. Watch the video version of the podcast on YouTube! Follow us on LinkedIn, Instagram, and TikTok for the latest updates and industry insights! Join an upcoming live event - case interviews demos, expert panels, and more. Email us (team@managementconsulted.com) with questions or feedback.

Good ECO/Markets = Trump Bad ECO/Markets - Biden CTP for Micron is underway AI wins a horse race News from Omaha PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter  Warm-Up - Good ECO/Markets = Trump - Bad ECO/Markets - Biden - CTP for Micron is underway - AI wins a horse race - News from Omaha - India/Pakistan - India stikes Markets - Some Earnings Color - S&P breaks it streak this week - KRI +4, +5 (Spearman +100) - Currency interventions happening Interesting Timing - Skechers U.S.A., Inc. the third largest footwear company in the world, today announced that it has agreed to be acquired by 3G Capital, a global investment firm built on an owner-operator approach to long-term investing. - 3G gets discount as tariffs are softening price - Helped to move the other names in the space higher Heads I Win.... - President Donald Trump took credit for the "good parts" of the economy in an exclusive interview with NBC News airing Sunday, but said that the "bad parts" are former President Joe Biden's economy. - "Ultimately, I take responsibility for everything, but I've only just been here for a little more than three months," Trump said. - "The tariffs have just started kicking in. ... The tariffs are going to make us rich. We're going to be a very rich country," he added. In terms of shortages: - "I don't think a beautiful baby girl needs – that's 11 years old – needs to have 30 dolls," Trump said. - "I'm just saying [children] don't need to have 30 dolls, they can have three, they don't need to have 250 pencils, they can have five," he added. - But, Mira Lago has 58 bedrooms, 33 bathrooms, a 29-foot-long (8.8 m) pietra dura marble-top dining table, 12 fireplaces, and three bomb shelters. ---WHAT? Ford Earnings - Ford Motor beats by $0.14, misses on revs, co suspends FY25 guidance; says business is strong, adjusted EBIT tracking within prior guidance, excluding new tariff-related impacts - Based on what the company knows now, and its expectation of how certain details and changes will be resolved related to tariffs, the company estimates a net adverse adjusted EBIT impact of about $1.5 bln for full-year 2025. Given material near-term risks, co is suspending guidance. Block Earnings (Last week) - Revenue decreased about 3% from $5.96 billion a year earlier. -  Gross profit rose 9% to $2.29 billion from $2.09 billion a year earlier. That missed analysts' forecasts of $2.32 billion for the quarter. - Gross payment volume hit $56.8 billion, missing expectations of $58 billion, according to StreetAccount. - Stock plunges     Check this out and find out more at: http://www.interactivebrokers.com/ Palantir Earnings - Palantir Technologies reports EPS in-line, beats on revs; guides Q2 revs above consensus; guides FY25 revs above consensus - Reports Q1 (Mar) earnings of $0.13 per share, excluding non-recurring items, in-line with the FactSet Consensus of $0.13; revenues rose 39.4% year/year to $883.9 mln vs the $862.17 mln FactSet Consensus. - U.S. commercial revenue grew 71% year-over-year and 19% quarter-over-quarter to $255 million. - U.S. government revenue grew 45% year-over-year and 9% quarter-over-quarter to $373 million. - Co issues upside guidance for Q2, sees Q2 revs of $934-$938 mln vs. $899.44 mln FactSet Consensus. - Co raises guidance for FY25, sees FY25 revs of $3.890-$3.902 bln vs. $3.75 bln FactSet Consensus. Raises adjusted income from operations guidance to between $1.711 -- $1.723 billion. - Stock down- probably some profit taking as valuation is a bit stretched Kentucky Derby - AI Wins! - Sovereignty won the 151st running of the Kentucky Derby in Louisville,

Rætt er við Boga Nils Bogason forstjóra Icelandair í tilefni af uppgjör félagsins fyrir árið 2024. Icelandair tapaði um 2,5 milljörðum króna á síðasta ári sem í takti við spá stjórnenda félagsins. Tekjur félagsins jukust um 10 af hundraði í fjórða ársfjórðungi og afkoman batnaði töluvert miðað við sama ársfjórðung 2023. Félagið spáir hagnaði á árinu 2025 uppá 5-8 milljarða króna, sem er þó töluvert undir 8% EBIT markmiði stjórnenda félagsins. Viðtalið er tekið á Mid-Atlantic ferðakaupstefnunni sem fram fór í Laugardalshöllinni.

Yields important again - rising and worrisome. Hedge Fund titans getting nervous - talking bout a Minsky Moment. End of month - October is about to be in the books. PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter DONATIONS ? OHHH - the new shirt design is coming along... SHHHHH- Leaking some of my own news... eNVESTOLOGY moving to $25,000 minimum in 2025. Currently at $10,000 so if you want to get in to that investment management program with us for the current minimum - now is the time. Warm-Up - Yields important again - all of a sudden - Hedge Fund titans getting nervous - talking bout a Minsky Moment - End of month - October is about to be in the books Markets - Earnings season - Tech is about to bombard us - Gold near highs as China and India buying - Election Direction - putting money where mouth is... - Consumers are happier - UMICH - NAZ 100 - ATH? Yields - On the Move   Yields On The Move Auto Divergence - GM puts out some good numbers for recent quarter. -- GM now expects full-year adjusted EBIT of between $14 billion and $15 billion, or $10 and $10.50 a share, up from between $13 billion and $15 billion, or $9.50 and $10.50. - This marks the third time this year that GM has updated its guidance after beating Wall Street's top- and bottom-line expectations, led by the automaker's North American operations. -  Ford put out okay numbers, nothing exciting at this point - stock stuck in sideways action - Big differential with stock performance over past year GM/FORD YTD GM/Ford Longer New Threshold for Capital Gains - Starting in 2025, single filers will qualify for the 0% long-term capital gains rate with taxable income of $48,350 or less and married couples filing jointly are eligible with $96,700 or less. - Here is an idea  - for low basis stock - possibly gift to non-dependents that have low income and they can sell at lower capital gains rate --- Cannot do for dependents as their unearned income above $1,300 is the threshold. Consumer Sentiment - October Univ. of Michigan Consumer Sentiment - Final 70.5 vs. 68.9 Briefing.com consensus; October prelim was 68.9 - Markets reacted positively last Friday on this news. ---  Trivia: The University of Michigan (UMich) stopped releasing early versions of its Consumer Sentiment Index (MCSI) in 2013 as part of an agreement with the New York Attorney General's office. The university had previously received around $1 million a year from Thomson Reuters for this information. Hedge fund big boys - Getting nervous - Paul Tudor Jones - The founder and chief investment officer of Tudor Investment said he was worried that government spending could cause a big sell-off in the bond market, spiking interest rates higher. - Debt unsustainable and people just overlooking it - "Will we have a Minsky moment where all of a sudden there's a point of recognition that what they're talking about is fiscally impossible, financially impossible?” Jones said." - Commented how both candidates are spenders so that is not good - however, hard pressed to think that many of their spending promises will actually go through. Minsky Moment Defined - A Minsky moment is a sudden, catastrophic collapse of asset prices after a period of growth and stability. It's named after American economist Hyman Minsky (1911 to 1996), who believed that markets are inherently unstable and long periods of good markets eventually end in larger crises. - A Minsky moment occurs when excessive debt accumulation becomes unsustainable. Borrowers can no longer meet their debt obligations using their income, leading to a sudden decline in asset prices and a financial crisis.  Housing Market

Shoot us a Text.Ford Drops, Tesla Grows, Airline RefundsDescription:We are on day 2 of More Than Cars season two shooting, and we couldn't be more encouraged by what we are discovering in Lafayette, IN. Today we look at Ford's Q3 report of lower net income, Tesla expanding its vehicle output in 2025 and a new requirement for you to get quicker airline refunds.AnnouncementREPLAY available: ASOTU Edge Webinar with Amol Washampayan of fullthrottle.ai - Find Your Shoppers Using Free TVMore Than Cars Episode 4 Releases on November 13thRohrman MTC shoot Oct 28-30 - ATAE Comms Nov 6-7 -MRC Nov 16-17 - CMA MTC Shoot Nov 18-20Show Notes with links:Ford is adjusting their full year targets after posting a large drop in net income in Q3 due to expected EV delays.Ford reports a 26% drop in Q3 net income due to EV delays and associated costs.Revenue rose 5% to $46 billion, marking the 10th consecutive growth quarter.Ford now projects full-year EBIT around $10 billion, down from a $12 billion estimate.Cost-cutting efforts of $2 billion this year are offset by inflation and warranty costs.“Cost is holding us back…[but] we're focused on improving costs every quarter,” CFO John Lawler commented.Tesla has set an ambitious target to deliver an additional 500,000 electric vehicles next year, leveraging factory enhancements and new production methodologies to expand its footprint in the global EV market.Tesla will ramp up production at its Giga Texas and Giga Berlin plants and adopt new streamlined manufacturing techniques to produce popular models like the Model Y and Model 3 faster and at lower costs.Advancements in Tesla's battery technology, including structural battery packs and the 4680 battery cells, are central to achieving these targets, allowing for both extended vehicle range and reduced production costsKey factory upgrades are already underway, aimed at increasing both output and energy efficiency, aligning with Tesla's vision to scale sustainable manufacturing.CEO Elon Musk noted the significance of the target, saying, “This is not just about meeting demand; it's about setting the pace for the global shift toward electrification. We aim to make EVs accessible on a mass scale.”New requirements for airlines just dropped, giving customers access to quicker refunds for disrupted flights.Airlines must now issue automatic cash refunds for significant delays or cancellations.Delays over three hours for domestic and six hours for international flights qualify.Refunds cover flight changes, downgraded service classes, and unavailable paid services.Checked bag fees must be refunded for delayed luggage beyond 12 hours (domestic) or 15 hourHosts: Paul J Daly and Kyle MountsierGet the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email