Latest news with #GabelliFunds
Yahoo
3 hours ago
- Business
- Yahoo
Gabelli Funds to Host 31st Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 4, 2025
GREENWICH, Conn., Aug. 11, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 4th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website. Featured Companies AIRO Group Holdings, Inc. (NASDAQ: AIRO) Elbit Systems Ltd. (NASDAQ: ESLT) Albany International Corp. (NYSE: AIN) Graham Corporation (NYSE: GHM) AstraNav, Inc. (Private) HEICO Corporation (NYSE: HEI) Astronics Corporation (NASDAQ: ATRO) Moog Inc. (NYSE: MOG-A) Avio S.p.A. (Milan: AVIO) New Horizon Aircraft Ltd. (NASDAQ: HOVR) Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER) Redwire Corporation (NYSE: RDW) Crane Company (NYSE: CR) Rheinmetall AG (XETRA: RHM) Curtiss-Wright Corporation (NYSE: CW) StandardAero, Inc. (NYSE: SARO) DroneShield Limited (ASX: DRO) TAT Technologies Ltd. (NASDAQ: TATT) Ducommun Incorporated (NYSE: DCO) Textron Inc. (NYSE: TXT) The Harvard Club, New York City Thursday, September 4, 2025 starting at 8:30 am Registration link: CLICK HERE Contact General Inquiries Isabella DeLucaClient RelationsP: 914-921-5101E : ideluca@ Sadie KeatingMarketing AssociateP: 914-921-5107E : skeating@ Research Team Tony BancroftPortfolio ManagerP: 914-921-5083E: tbancroft@ Michael BurgioResearch AnalystP: 914-921-7797E: mburgio@ Daniel GleimResearch AnalystP: 914-921-7797E: dgleim@ Gabelli Funds, LLC is a registered investment adviser with the Securities and Exchange Commission and is a wholly owned subsidiary of GAMCO Investors, Inc. Contact:Tony Bancroft, Portfolio Manager(914) 921-5083Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
04-08-2025
- Business
- Yahoo
Gabelli Funds to Host 31st Annual Aerospace & Defense Symposium at The Harvard Club, New York City Thursday, September 4, 2025
GREENWICH, Conn., Aug. 04, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, is hosting our annual Aerospace & Defense Symposium at The Harvard Club in New York City on September 4th. The conference will draw top executives from more than ten companies, with a focus on the themes of strong demand outlook, high barriers to entry, large aftermarket opportunity, growth in excess of GDP, defense spending, and M&A potential for the Aerospace and Defense industry. Attendees will also have the opportunity to meet with management in a one-on-one setting. Prospective attendees can learn more about the symposium on our website. Featured Companies AIRO Group Holdings, Inc. (NASDAQ: AIRO) Elbit Systems Ltd. (NASDAQ: ESLT) Albany International Corp. (NYSE: AIN) Graham Corporation (NYSE: GHM) AstraNav, Inc. (Private) HEICO Corporation (NYSE: HEI) Astronics Corporation (NASDAQ: ATRO) Moog Inc. (NYSE: MOG-A) Avio S.p.A. (Milan: AVIO) New Horizon Aircraft Ltd. (NASDAQ: HOVR) Bridger Aerospace Group Holdings, Inc. (NASDAQ: BAER) Redwire Corporation (NYSE: RDW) Crane Holdings Co. (NYSE: CR) Rheinmetall AG (XETRA: RHM) Curtiss-Wright Corporation (NYSE: CW) StandardAero, Inc. (NYSE: SARO) DCX Systems Limited (NSE: DCXINDIA) TAT Technologies Ltd. (NASDAQ: TATT) DroneShield Limited (ASX: DRO) Textron Inc. (NYSE: TXT) Ducommun Incorporated (NYSE: DCO) The Harvard Club, New York CityThursday, September 4, 2025, starting at 8:30 am Registration link: CLICK HERE Contact General Inquiries Isabella DeLucaClient RelationsP: 914-921-5101E: ideluca@ Sadie KeatingMarketing AssociateP: 914-921-5107E: skeating@ Team Tony BancroftPortfolio ManagerP: 914-921-5083E: tbancroft@ Michael BurgioResearch AnalystP: 914-921-7797E: mburgio@ Daniel GleimResearch AnalystP: 914-921-7797E: dgleim@ Gabelli Funds, LLC is a registered investment adviser with the Securities and Exchange Commission and is a wholly owned subsidiary of GAMCO Investors, Inc. Contact:Tony Bancroft, Portfolio Manager(914) 921-5083Sign in to access your portfolio
The Star
25-07-2025
- Business
- The Star
Intel shares slide on quarterly loss, foundry business exit risk
FILE PHOTO: A smartphone with a displayed Intel logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration/ File Photo (Reuters) -Intel shares fell 5% in premarket trading on Friday after the chipmaker forecast steeper-than-expected quarterly losses and warned of a potential exit from its foundry business despite new CEO Lip-Bu Tan's turnaround plans. Tan on Thursday hinted at departing from ex-CEO Pat Gelsinger's core strategy, warning that without demand-backed investment, Intel risks exiting the foundry business, jeopardizing $100 billion in assets and increasing its reliance on TSMC. As part of its foundry business reform, the company may reserve the advanced 18A manufacturing process for its products and proceed with 14A only if a major external partner commits, Tan stated in a post-conference call. "Intel Foundry is a big story, and currently people are questioning how successful 18A is. A failure in 18A would be a broken story," said Hendi Susanto, portfolio manager at Gabelli Funds. Intel also halted or scrapped several fab projects in the U.S. and Europe, citing financial discipline. Once a leader in American chipmaking, Intel has lost ground after years of strategic missteps, lagging far behind rivals Nvidia and Advanced Micro Devices. The company's stock has gained 12.8% so far this year, while Nvidia and AMD have jumped about 30% and 34%, respectively. Since taking the helm in March, Tan has divested businesses, laid off employees and redirected resources as part of his strategic reset to revive the embattled chipmaker. "There are no more blank checks," Tan wrote in a memo to employees on Thursday, announcing further job cuts as Intel aims to reduce its workforce by 22% to 75,000 by year-end. "I don't think he's scaling back… I think they're maybe redirecting. I would prefer them to build it out, but only if they have customer commitments," said Ryuta Makino, analyst at Gabelli Funds, who's also an Intel shareholder. Intel trades at a 12-month forward price-to-earnings ratio of 42.55 versus 33.90 for Nvidia and 32.12 for AMD. (Reporting by Rashika Singh and Arsheeya Bajwa in Bengaluru, Samuel Indyk in London; Editing by Amanda Cooper and Vijay Kishore)
CNA
25-07-2025
- Business
- CNA
Intel shares slide on quarterly loss, foundry business exit risk
Intel shares fell 5 per cent in premarket trading on Friday after the chipmaker forecast steeper-than-expected quarterly losses and warned of a potential exit from its foundry business despite new CEO Lip-Bu Tan's turnaround plans. Tan on Thursday hinted at departing from ex-CEO Pat Gelsinger's core strategy, warning that without demand-backed investment, Intel risks exiting the foundry business, jeopardizing $100 billion in assets and increasing its reliance on TSMC. As part of its foundry business reform, the company may reserve the advanced 18A manufacturing process for its products and proceed with 14A only if a major external partner commits, Tan stated in a post-conference call. "Intel Foundry is a big story, and currently people are questioning how successful 18A is. A failure in 18A would be a broken story," said Hendi Susanto, portfolio manager at Gabelli Funds. Intel also halted or scrapped several fab projects in the U.S. and Europe, citing financial discipline. Once a leader in American chipmaking, Intel has lost ground after years of strategic missteps, lagging far behind rivals Nvidia and Advanced Micro Devices. The company's stock has gained 12.8 per cent so far this year, while Nvidia and AMD have jumped about 30 per cent and 34 per cent, respectively. Since taking the helm in March, Tan has divested businesses, laid off employees and redirected resources as part of his strategic reset to revive the embattled chipmaker. "There are no more blank checks," Tan wrote in a memo to employees on Thursday, announcing further job cuts as Intel aims to reduce its workforce by 22 per cent to 75,000 by year-end. "I don't think he's scaling back… I think they're maybe redirecting. I would prefer them to build it out, but only if they have customer commitments," said Ryuta Makino, analyst at Gabelli Funds, who's also an Intel shareholder.
Reuters
25-07-2025
- Business
- Reuters
Intel shares slide on quarterly loss, foundry business exit risk
July 25 (Reuters) - Intel (INTC.O), opens new tab shares fell 5% in premarket trading on Friday after the chipmaker forecast steeper-than-expected quarterly losses and warned of a potential exit from its foundry business despite new CEO Lip-Bu Tan's turnaround plans. Tan on Thursday hinted at departing from ex-CEO Pat Gelsinger's core strategy, warning that without demand-backed investment, Intel risks exiting the foundry business, jeopardizing $100 billion in assets and increasing its reliance on TSMC ( opens new tab. As part of its foundry business reform, the company may reserve the advanced 18A manufacturing process for its products and proceed with 14A only if a major external partner commits, Tan stated in a post-conference call. "Intel Foundry is a big story, and currently people are questioning how successful 18A is. A failure in 18A would be a broken story," said Hendi Susanto, portfolio manager at Gabelli Funds. Intel also halted or scrapped several fab projects in the U.S. and Europe, citing financial discipline. Once a leader in American chipmaking, Intel has lost ground after years of strategic missteps, lagging far behind rivals Nvidia (NVDA.O), opens new tab and Advanced Micro Devices (AMD.O), opens new tab. The company's stock has gained 12.8% so far this year, while Nvidia and AMD have jumped about 30% and 34%, respectively. Since taking the helm in March, Tan has divested businesses, laid off employees and redirected resources as part of his strategic reset to revive the embattled chipmaker. "There are no more blank checks," Tan wrote in a memo to employees on Thursday, announcing further job cuts as Intel aims to reduce its workforce by 22% to 75,000 by year-end. "I don't think he's scaling back… I think they're maybe redirecting. I would prefer them to build it out, but only if they have customer commitments," said Ryuta Makino, analyst at Gabelli Funds, who's also an Intel shareholder. Intel trades at a 12-month forward price-to-earnings ratio of 42.55 versus 33.90 for Nvidia and 32.12 for AMD.
