Latest news with #ASM
Yahoo
3 days ago
- Business
- Yahoo
ATI's Q2 Earnings Beat Estimates on Aerospace & Defense Gains
ATI Inc. ATI recorded a profit of $100.7 million or 70 cents per share for the second quarter of 2025, up from the year-ago quarter's profit of $81.9 million or 58 posted adjusted earnings of 74 cents, up 23.3% from the year-ago quarter's figure of 60 cents. Adjusted earnings exceeded the Zacks Consensus Estimate of 72 company's net sales in the second quarter were $1,140.4 million, missing the Zacks Consensus Estimate of $1,144.3 million. Net sales were up around 4.1% year over year. ATI saw strong year-over-year sales growth in aerospace and defense. ATI Inc. Price, Consensus and EPS Surprise ATI Inc. price-consensus-eps-surprise-chart | ATI Inc. Quote ATI's Segment Highlights High-Performance Materials & Components (HPMC) reported sales of $608.8 million in the second quarter, up 8.3% year over year. However, the figure fell short of the consensus estimate of $621.4 million. HPMC's segment EBITDA rose 26.5% year over year to $144 million. Advanced Alloys & Solutions (AA&S) recorded sales of $531.6 million, down approximately 0.3% from the prior year's figure of $518.9 million. The figure surpassed the consensus estimate of $525.2 million. The segment's EBITDA for the quarter was $76.7 million, down 12.3% year over year. ATI's Financials In second-quarter 2025, cash and cash equivalents amounted to $319.6 million compared with the previous year's figure of $425.6 million. The company's long-term debt was $1,710.7 million, down 7.7% from prior-year level. ATI's Outlook For the third quarter of 2025, adjusted EBITDA is expected to range between $200 million and $210 million, while full-year 2025 guidance is between $810 million and $840 million. Adjusted earnings per share are projected at 69-75 cents for the third quarter and $2.90 to $3.07 for the full year. Adjusted free cash flow for the full year is estimated between $270 million and $350 million. Capital expenditures are anticipated to be between $260 million and $280 million. ATI's Zacks Rank & Key Picks ATI currently carries a Zacks Rank #3 (Hold).Better-ranked stocks worth a look in the basic materials space include Sylvamo Corporation SLVM, Avino Silver & Gold Mines Ltd. ASM and Barrick Mining Corporation is slated to report second-quarter results on Aug 8. The Zacks Consensus Estimate for earnings is pegged at 47 cents. SLVM beat the Zacks Consensus Estimate in three of the last four quarters, with the average earnings surprise being 6.5%. SLVM carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 Rank stocks Silver is scheduled to report second-quarter results on Aug 13. The Zacks Consensus Estimate for ASM's second-quarter earnings is pegged at 3 cents. ASM beat the Zacks Consensus Estimate in each of the last four quarters, with the average earnings surprise being 104.2%. ASM currently carries a Zacks Rank # Mining is slated to report second-quarter results on Aug 11. The consensus estimate for Barrick's earnings is pegged at 47 cents. Barrick, carrying a Zacks Rank #1, beat the consensus estimate in three of the last four quarters, with the average earnings surprise being 12.5%. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ATI Inc. (ATI) : Free Stock Analysis Report Barrick Mining Corporation (B) : Free Stock Analysis Report Avino Silver (ASM) : Free Stock Analysis Report Sylvamo Corporation (SLVM) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research


Euractiv
4 days ago
- Politics
- Euractiv
Can Kosovo police itself – and keep the EU dream alive?
PRISTINA – Mounting allegations of police abuse in Kosovo are raising uncomfortable questions for the European Union, the main funder and backer of the country's police force. In recent weeks, more than 10 police officers have been suspended in connection with several cases, including the death of 27-year-old Agon Zejnullahu in Lipljan, near Pristina. Five officers are now facing manslaughter charges. Kosovo's police force consists of around 10,000 uniformed and civilian staff. Of these, over 15% are women, and around 10% belong to non-Albanian ethnic communities – the rest are ethnic Albanians. Over the past five years, the EU has invested €3 million in aid and €1.5 million in training for Kosovo's police, alongside broader support via its EULEX rule of law mission. Speaking to Euractiv, one senior EU official described police violence in Kosovo as 'endemic'. According to the Police Inspectorate of Kosovo (PIK), the number of complaints has increased by more than 20% in three years, mostly from the ethnic Albanian majority in Pristina, where police presence is strongest. Collapsing public trust Public trust in Kosovo's police is collapsing, particularly among the ethnic Serb population. A 2021 survey revealed that 77% trust of ethnic Albanians trusted the police, compared to just 14% of Serbs. The tipping point came in November 2022, when over 600 ethnic Serb officers resigned en masse. This followed the government's refusal to implement the Association of Serb-majority Municipalities (ASM), part of a 2015 EU-brokered agreement intended to grant Serbs limited autonomy. Pristina argues the ASM would give Serbia too much influence. The mass resignation left a major security vacuum in the Serb-majority north – and instead of replacing the officers with new Serb recruits, which officials claim current legislation blocks, the government responded by deploying mostly ethnic Albanian officers to fill the gap. That move further inflamed tensions. A 2024 study found that just 1% of Serbs supported the increased police presence, while 35% said it made them feel less safe, and 57% were unsure about their sense of security. In contrast, 93% of ethnic Albanians backed the decision, and 85% said it made them feel more secure. Those Serb officers were never replaced, violating Kosovo's constitutional obligation to ensure ethnic representation in public institutions. Despite EU pressure to find a workaround, officials claim current legislation prevents rehiring those who resigned. To plug the gap, the government accelerated recruitment: police training was shortened from six months to just three, making it the shortest compared to other the Balkan countries. Most new recruits were ethnic Albanians with no knowledge of Serbian. Some even came from militarised units. Civil society groups and international observers quickly sounded the alarm, especially as reports emerged of officers wearing ethnic or nationalist symbols while on duty, which is in breach of Kosovo's constitution. In June 2023, the EU froze financial support and cut high-level contacts, citing the impasse over the ASM and the use of excessive force in the north. A system under strain Whether the Zejnullahu case results in convictions or not, the broader consequences of rushed training are already apparent, said Mentor Vrajolli, director of the Kosovar Centre for Security Studies. Now, t he problems extend far beyond the country's north, he added. Miodrag Miličević, director of Serb community NGO Aktiv, said he was personally assaulted by Kosovo police near the Serbian border in 2022. He also brought a case against the PIK, criticising its lack of diversity given that it employs only three ethnic Serbs and two Bosniaks out of a staff of 82. His case is still under re-investigation. The Kosovo police acknowledged the shortcomings and told Euractiv in an email that basic training will now be extended to six months in the classroom and one year in the field. But issues remain. In 2023, the US donated over 500 body cameras in an attempt to curb abuse . Yet PIK reports show that only 10% of the border and traffic officers who were given the cameras actually used them. Body cams were introduced in specialised patrols when allegations surfaced of targeted harassment against ethnic Serb women in the north. Police blamed privacy rules, claiming that the Supreme Court and the Data Protection Agency had restricted camera usage. Both institutions denied this, stating that they had never been consulted beyond the context of border enforcement. What about the EU? The European External Action Service (EEAS), the EU's diplomatic service, did not respond to repeated requests regarding the impact of the imposed measures against Kosovo on support for the police. However, Kosovo's ongoing police actions continue to exacerbate tensions between the EU and Kosovo, which are affecting immediate and future support. These tensions have also raised questions about whether Kosovo's EU membership application will ever be taken seriously. Although Kosovo formally applied to join the EU in 2022, but recent events have prompted some officials in Brussels to question Kosovo's readiness to uphold the rule of law and protect minority rights – two core accession criteria. (cs, de)


Medscape
30-07-2025
- Health
- Medscape
Trends in Antiseizure Drug Use During Pregnancy
TOPLINE: Prenatal exposure to safer antiseizure medications (ASMs) increased and valproate use decreased, but the use of newer medications with uncertain risks surged. METHODOLOGY: Researchers analysed 55,801 ASM-exposed pregnancies (from 2013 to 2021) out of 8,669,502 total pregnancies documented in the French National Mother-Child Register. ASMs were categorised into three safety tiers: those considered the safest (lamotrigine and levetiracetam), those with uncertain risk (pregabalin, gabapentin, clonazepam, oxcarbazepine, and newer ASMs), and those with acknowledged risk (valproic acid, valpromide, carbamazepine, topiramate, phenobarbital, phenytoin, and primidone). The maternal age was 15-49 years; socioeconomic status was assessed via health insurance, and diagnoses were confirmed using the International Statistical Classification of Diseases and Related Health Problems, 10th Revision codes. Maternal and pregnancy characteristics, along with ASM treatment characteristics, were analysed over the study period (2013-2021) and by subperiods (2013-2015, 2016-2018, and 2019-2021). The outcome was the temporal change in prenatal ASM exposure rates across safety categories, analysed on the basis of year, diagnosis, and social indicators. TAKEAWAY: Between 2013 and 2021, prenatal exposures to valproic acid and valpromide declined by 84% and 89%, respectively, but terminations rose (+23% and +28%, respectively), and multiple valproate dispensations and sustained live birth exposures fell drastically (valproic acid: -86% and -91% and valpromide: -93% and -96%, respectively). The use of the safest ASMs (lamotrigine and levetiracetam) rose by +30%. The use of ASMs with uncertain risks rose by +33%, notably pregabalin (+49%), gabapentin (+27%), and newer ASMs (+140%). The use of carbamazepine and topiramate decreased to a lesser extent (-40% and -34%, respectively), with nearly 600 newborns exposed to each of these medications between 2019 and 2021; among women with a low level of resources, exposure to ASMs with uncertain or acknowledged risks was higher (18.5% and 17.9%, respectively) than exposure to the safest ASMs or unexposed (13.8% and 13.5%, respectively). Lamotrigine use linked to mood disorders rose by +51%, correlating with a +35% rise in termination rates. Terminations also rose with ASMs with acknowledged risks. IN PRACTICE: "Additional measures are needed to further reduce perinatal exposure to ASMs with acknowledged or uncertain risks, especially among the most socially deprived populations," the authors wrote. SOURCE: This study, led by Pouneh Shahriari, EPI-PHARE Scientific Interest Group in Epidemiology of Health Products (French National Agency for the Safety of Medicines and Health Products, French National Health Insurance), Saint-Denis, France, was published online on July 23, 2025, in Neurology. LIMITATIONS: This study was limited by the reliance on prescription claims to determine exposure to ASMs and the absence of data on clinical indications for treatment. However, prior research using this dataset supports its reliability for assessing prenatal exposure to ASMs. DISCLOSURES: This study did not report any targeted funding. The authors declared having no conflicts of interest. This article was created using several editorial tools, including AI, as part of the process. Human editors reviewed this content before publication.


Mid East Info
30-07-2025
- Business
- Mid East Info
Al Seer Marine Reports Increase in Operating Profit to AED 156 Million with AED 698 Million in Revenue for the First Half of 2025
Revenue rises 20.2% year-on-year, supported by enhanced asset utilisation. Gross profit climbs 81.7% to AED 89 million, with gross margin expanding from 8.4% to 12.7%. Cash balance grows 178% to AED 490 million, driven by stronger collections. Total assets rise 7.6% to AED 8.1 billion, whilst total borrowings decrease by 16%. Abu Dhabi : Al Seer Marine ADX: ASM, a frontrunner in advanced maritime solutions and a subsidiary of IHC, announces its financial results for the first half of 2025. The company posts revenue of AED 698 million, marking a 20.2% increase compared to the same period last year. Operating profit grows year-on-year to AED 156 million from AED 13 million backed by strong business performance. Gross profit surges 81.7% year-on-year, rising from AED 49 million to AED 89 million, with margins expanding from 8.4% to 12.7%. This improvement is supported by strong revenue growth and enhanced asset utilisation, primarily due to the expansion of fleet operations with the addition of 6 MR chemical Tankers. The company's cash balance increases by 179%, reaching AED 490 million, up from AED 176 million in the first half of 2024, supported by improved collections and robust operating cash flows. Total assets rise 7.6% to AED 8.1 billion. Guy Neivens, Chief Executive Officer of Al Seer Marine, said: 'Built on the 'Investor First' mindset, our strategy centres on smart capital restructuring, supported by the company's robust assets, to drive portfolio expansion under highly competitive financing terms. We have also accelerated growth through strategic joint ventures with global industry leaders, while maintaining a strong commitment to disruptive technologies and innovation. This multi-faceted, future-proof approach has delivered consistent revenue growth, rapid expansion, and improved profitability.' Key to the company's capital restructuring and improved liquidity were financing agreements secured with leading international and regional financial institutions, totalling AED 1.815 billion. On the growth front, the joint venture between Al Seer Marine and Damen International secured an AED 1.3 billion contract in March 2025 from the Tawazun Council to build offshore patrol vessels for the UAE Navy. Furthermore, ASBI Shipping FZCO — a joint venture with B International Shipping & Logistics — signed a ten-year charter for two LPG tankers, Alkaid and Alcor, locking in AED 660 million in revenues through 2035. These collaborations exemplify a capital-efficient model and support sustainable expansion. About Al Seer Marine ASM: Al Seer Marine (ADX: ASM), a subsidiary of International Holding Company (IHC), is a global maritime organisation headquartered in Abu Dhabi. Our extensive service portfolio encompasses commercial shipping, yachting, boat building, large-scale 3D printing, unmanned vessel platforms and capabilities, and cutting-edge technological innovations. We seamlessly integrate top-tier services, innovative technological solutions, and a proven track record of operational excellence. Whether it's operating a fleet of superyachts with luxurious precision, owning & operating a fleet of commercial vessels, employing innovative additive manufacturing processes, or engineering futuristic unmanned vessels, Al Seer Marine stands as a beacon of expertise, capability, and excellence, capable of transforming any maritime vision into a reality. Our comprehensive service approach ensures a seamless journey from conception to realization, leveraging the latest in commercial ship and yacht management innovations. Our dedicated boat building team not only excels in additive design techniques and precision builds but also offers extensive training and expert maintenance, ensuring the longevity and performance of our creations. About IHC: Established in 1999, IHC has become the most valuable holding company in the Middle East and one of the world's largest investment firms, with a market capitalization of AED 879.6 billion (USD 239.3 billion). Since then, it has transformed to represent a new generation of investors. IHC's commitment to sustainability, innovation, and economic diversification spans over 1,300 subsidiaries, driving growth across industries like Asset Management, Healthcare, Real Estate, Financial Services, IT, and more. IHC continually looks beyond the stand-alone value of its assets for opportunities, stepping outside of traditional approaches and artificial barriers to unlock opportunities across its portfolio, enabling sector-agnostic Dynamic Value Networks and creating results that are often much greater than the sum of their parts.


GMA Network
29-07-2025
- Science
- GMA Network
NAST PHL convenes 47th Annual Scientific Meeting, spotlights bioscience as catalyst for inclusive growth
National scientists, academicians, and corresponding members of the National Academy of Science and Technology, Philippines (NAST PHL) join DOST Secretary Renato Solidum, Jr. and keynote speaker Professor Ivan Marusic for an official photo during the 47th Annual Scientific Meeting. Photo: NAST PHL The National Academy of Science and Technology Philippines (NAST PHL), the highest recognition and advisory body on science and technology in the country, successfully held its 47th Annual Scientific Meeting (ASM) with the theme 'Bioscience Innovations: Transforming Enterprise Ecosystems for Wealth Creation' on July 9-10, 2025, at The Manila Hotel. In his welcome message, NAST PHL President Academician Jaime Montoya emphasized the urgent need to harness bioscience innovations to address national challenges and uplift communities, particularly through science-informed policies and inclusive enterprise models. He also called on all sectors to work collaboratively in transforming research breakthroughs into real-world impact. Following this, Department of Science and Technology (DOST) Secretary Dr. Renato Solidum Jr., in his opening remarks, reiterated the department's commitment to translating research into sustainable solutions. He highlighted flagship programs and projects such as CRADLE (Collaborative Research and Development to Leverage Philippine Economy), which links industry needs with academic research; SETUP (Small Enterprise Technology Upgrading Program), which helps MSMEs adopt technological innovations; and the newly launched Program PROPEL (Promoting Research and Outstanding Progress through Partnerships and Engagement in Localities), a game-changing initiative for accelerating technology transfer and commercialization in the country. A major highlight of the event was the keynote address delivered by Professor Ivan Marusic, vice president of the Australian Academy of Science. Prof. Marusic emphasized that the transformative power of bioscience lies in its ability to drive regional development, sustainability, and public health, provided that sectors work together across borders. 'Bioscience offers extraordinary opportunities for our region to drive innovation, build sustainable communities, and improve health and well-being. Realizing this potential depends on our ability to collaborate across borders and sectors, invest in education, technology, and infrastructure, and strengthen the links between science, policy, and society,' said Prof. Marusic. He highlighted collaborative initiatives between Australia and the Philippines, including joint research on coral reef restoration, crop disease resistance, and biotech support for smallholder farmers. He also introduced Australia's Science 2035 strategy, which advocates investments in research infrastructure, science communication, and international partnerships. The event featured six plenary sessions covering priority areas. Presentations demonstrated how bioscience can serve as a driver of innovation and economic opportunity across sectors. Plenary Session 1: Empowering Communities through Bioscience: Innovations for Progress and Growth, highlighted grassroots bioscience initiatives that drive local development. Plenary Session 2: Bioscience Innovations: Advancing Agriculture for Wealth Creation, explored breakthroughs in agricultural biotechnology and their impact on food security and agribusiness. Plenary Session 3: Engineering Bioscience: Innovating for Thriving Enterprise Ecosystems and Community Growth, focused on the integration of bioscience and engineering to strengthen enterprises and local communities. Plenary Session 4: Bioscience for Better Health: Innovations Empowering Communities and Enhancing Well-Being, presented health-related bioscience innovations improving public health outcomes. Plenary Session 5: Math and Physical Sciences in Bioscience: Pioneering Solutions for Innovation and Thriving Enterprise Ecosystems, examined the critical role of mathematical and physical sciences in enhancing bioscience-based innovations. Plenary Session 6: Social Dimensions of Bioscience: Empowering Communities for Inclusive and Sustainable Development, discussed how social science perspectives can guide the equitable application of bioscience in community development. In the closing program, Academician Rhodora Azanza, chair of the 47th ASM Resolutions Committee, presented the 47th ASM resolutions, which include policy recommendations to mainstream bioscience in national programs, invest in critical R&D infrastructure, and empower local innovation ecosystems. The resolutions were formally received by DOST Secretary Solidum and Department of Economy, Planning, and Development (DEPDev) Undersecretary Dr. Joseph Capuno, both of whom affirmed alignment with the Philippine Development Plan 2023–2028. The event also featured the presentation of the NAST PHL Awards, which recognized outstanding achievements in research and public service. The investiture of new NAST members was likewise held to honor exceptional Filipino scientists for their enduring contributions to science and national development. This year, three distinguished scientists were conferred as new Academicians: Dr. Leocadio Sebastian, Dr. Charles Yu, and Dr. Wilfredo Roehl Licuanan. The investiture and oath-taking were facilitated by Secretary Solidum. In his closing remarks, NAST PHL vice president Academician Alvin Culaba expressed gratitude to all speakers, participants, and partners for their commitment to advancing bioscience and innovation in the country. He called on the scientific community to transform knowledge into action and to continue championing the vision of PAGTANAW 2050 for a science-driven, inclusive, and resilient Philippines.