Author: Press Room
Alamo Group Inc (NYSE:ALG) Q3 2024 Earnings Conference Call November 1, 2024 10:00 AM ET Company Participants Edward Rizzuti – Executive Vice President, General Counsel and SecretaryJeff Leonard – President and Chief Executive OfficerAgnes Kamps – Executive Vice President, Chief Financial Officer, and Treasurer Conference Call Participants Mike Shlisky – D.A. DavidsonChris Moore – CJS SecuritiesMig Dobre – BairdGreg Burns – Sidoti & Company Operator Good day, and welcome to the Alamo Group Inc. Third Quarter 2024 Conference Call. All participants will be in listen-only mode. [Operator Instructions]. After today’s presentation, there will be an opportunity to ask questions. [Operator…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.UK Prime Minister Sir Keir Starmer has sought to reassure nervous markets that his government will not become addicted to tax and spend after this week’s Budget, as he promised to carry out tough reforms to Britain’s “creaking” state.Writing in the Financial Times after Labour’s first Budget in 14 years sparked a bond market sell-off, Starmer attempted to dispel fears that he would rely on more tax raises and borrowing to fund public services.“Just as we cannot tax and spend our way…
The IRS has announced that the amount of tax-favored funds that you can sock away for retirement is increasing. In 2025, the amount most individuals can contribute to their 401(k) plans will tick up to $23,500—it was $23,000 for 2024. The announcement is tied to cost‑of‑living adjustments for pension plans and other retirement-related items for tax year 2025 (those adjustments are required by law). Here’s a look at some of the most common plans and what will be different next year: 401(k) and Similar Plans As noted, the amount individuals can contribute to their 401(k) plans is $23,500—that limit applies…
AXT, Inc. (NASDAQ:AXTI) Q3 2024 Earnings Call Transcript October 31, 2024 4:30 PM ET Company Participants Leslie Green – Investor Relations, Green Communications Consulting, LLCMorris Young – Chief Executive OfficerGary Fischer – Chief Financial OfficerTim Bettles – Vice President of Business Development Conference Call Participants Richard Shannon – Craig Hallum Operator Good afternoon, everyone. And welcome to AXT’s Third Quarter 2024 Financial Conference Call. Leading the call today from China is Dr. Morris Young, Chief Executive Officer; and Gary Fischer, Chief Financial Officer. In addition, Tim Bettles, AXT’s Vice President of Business Development will be participating in the Q&A portion…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Apple gave cautious guidance for the crucial holiday quarter on a call with investors, as uncertainty over how a staggered rollout of its new AI features will translate into sales of iPhones and other devices complicated otherwise solid quarterly results.The outlook for revenue growth in the low to mid-single-digits in the current quarter fell just short of the high end of Wall Street’s expectations, and the shares dropped 1.9 per cent on Thursday in after-hours trading.Consensus estimates ahead of the call predicted…
2025 Medicare Changes Every year there are changes to Medicare Advantage Plans and Social Security. Most years the changes are not dramatic. But this year the change in your Medicare Advantage plan may be dramatic. If you have a Medicare Advantage Plan, do not assume that your plan will remain the same for 2025. Because the annual out-of-pocket spending for Part D prescription drugs were capped at $2,000, the insurance companies have redesigned their plans and have also cancelled approximately 2,000,000 people. You need to make sure you are not one of those people who were cancelled. In addition, if…
Mortgage rates continued their upward climb this week, leaving demand essentially flat in the stagnant housing market. Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed that the average rate on the benchmark 30-year fixed mortgage surged to 6.72% from last week’s reading of 6.54%. The average rate on a 30-year loan was 7.76% a year ago. “Increasing for the fifth consecutive week, mortgage rates reached their highest level since the beginning of August,” said Sam Khater, Freddie Mac’s chief economist. “With several potential inflection points happening over the next week, including the jobs report, the 2024 election, and the…
MiMedx Group, Inc. (NASDAQ:MDXG) Q3 2024 Earnings Conference Call October 30, 2024 4:30 PM ET Company Participants Matt Notarianni – Head, Investor RelationsJoe Capper – Chief Executive OfficerDoug Rice – Chief Financial Officer Conference Call Participants Chase Knickerbocker – Craig-Hallum GroupRoss Osborn – Cantor FitzgeraldBrad Bowers – Mizuho SecuritiesCarl Byrnes – Northland Capital Markets Operator Good afternoon, and thank you for standing by. Welcome to the MiMedx Third Quarter 2024 Operating and Financial Results Conference Call. At this time, all participants are in a listen-only-mode. A question-and-answer session will follow the formal presentation. As a reminder, this conference is being…
Unlock the US Election Countdown newsletter for freeThe stories that matter on money and politics in the race for the White HouseKamala Harris has said she “strongly” disagrees with “any criticism of people based on who they vote for” as Donald Trump slammed her for comments made by Joe Biden that appeared to call Trump supporters “garbage”. Harris addressed the gaffe in remarks to reporters on Wednesday before heading on a tour of three swing states, while Trump seized on the comments by climbing into a white rubbish truck with his campaign logo on it during a stop in Wisconsin.…
Most economists who had to describe healthy, stable growth would end up largely describing today’s GDP numbers. The economy expanded at an annual inflation-adjusted rate of 2.8% in the third quarter of 2024, after expanding at 3.0% in the previous quarter. Outside of volatile inventory build ups, economic growth actually accelerated. Income growth from continued employment growth and wages outpacing prices is driving consumer spending. U.S. companies prove to be highly competitive in global markets across a wide spectrum of goods and services. Businesses continue to invest at fairly high levels to take advantage of new opportunities in a highly…
