Latest news with #Loy
Budapest Times
3 days ago
- Entertainment
- Budapest Times
A star and a fighter for humanity too
Yes, I may have married and divorced four times but don't expect the Whore of Babylon, Myrna Loy cautions upfront. She can't understand how you can love one man while sleeping with another. No, rather, here is a level-headed woman, and what's really important is her 124-feature film career stretching over five decades from 1925 to 1980, while getting seriously involved in politics and possessing a deep feeling for human dignity too. Film-wise, there were many highlights, but Loy is probably best known for her terrific rapport with William Powell in six 'Thin Man' comedies in the 1930s, part of their 14-film union. Then she peaked in the 1940s with 'The Best Years of Our Lives', 'The Bachelor and the Bobby-Soxer' and 'Mr. Blandings Builds His Dream House'. We hope to read all about those. Politics-wise, this was an equally important part of Loy's life, as she became increasingly passionate during World War Two. She had read Adolf Hitler's 'Mein Kampf', making her an outspoken critic, and later joined the US National Commission for UNESCO, the United Nations Educational, Scientific and Cultural Organisation that promotes these qualities to foster peace and equality worldwide. She also actively supported Democratic presidential candidates from Harry S. Truman onwards. Surely this will all be well covered too. But this is getting ahead of the story, and if there is some kind of proof that Myrna Loy was a methodical sort of lady, it is that she eschews the slide-in approach of many biographies and autobiographies by beginning right at the beginning, albeit after briefly excusing herself for failing to qualify in the above-mentioned Hollywood whoring stakes, unlike those 'bed-to-bed marathons that keep appearing'. As she says, she sent a brazen Clark Gable flying off her back porch into the bushes one night. 'Keeping ahead of Spencer Tracy wasn't easy, either. He chased me for years, then sulked adorably when I married someone else. Leslie Howard wanted to whisk me off to the South Seas, and, believe me, that was tempting. But he happened to be married at the time – they all were – and that sort of thing never appeealed to me. Besides, I was usually married or about to be myself, so extracurricular activities didn't interest me.' That beginning was as Myrna Adele Williams, born in Radersburg, Montana, on August 2, 1905. Her grandparents were adventurers, young people from Wales, Scotland and Sweden. They came to the wild, wooly West in the mid-1800s for gold or land or freedom or a better life. Her father was a congressman in the Montana House of Representatives. Mother was involved in music and active in local politics. Her parents attempted ranch life, and when her father was taking cattle to market in Chicago the train made a whistle-stop at a place called Myrna in Nebraska, so that's how she got her name. The young Myrna began doing plays in their cellar, and after performing in one at school she decided that anything but being on stage seemed inconceivable. In 1918 her father died of Spanish flu and Mother and the two children relocated to Culver City, a hamlet between Hollywood and the Pacific. Myrna became a professional dancer and she excited screen heartthrob Rudolph Valentino. She failed a screen test but it aroused in her an enormous interest in films and she haunted the Metro-Goldwyn-Mayer casting office. Fellow thespians thought the name Myrna Williams was unsuitable and she became Myrna Loy. Beginning with the film 'What Price Beauty?' in 1925, one minor part followed another in rapid succession as the studios worked actors hard. Her almond-shaped eyes saw her given 'exotica' roles, makeup transforming her into a slant-eyed Oriental – Burmese, Chinese, a South Sea islander, Mexican, a Creole. a Javanese-Indian half-caste. Also a vamp, moll, gypsy, slave girl, spy. Now, very few of those pictures stand out, she says. Many are lost. In six years she was in 60 pictures. When the silent era ended she was among those able to make the transition to sound. A strong woman, she raised hell when the Metro-Goldwyn-Mayer publicity department invented a 'torrid romance' with Ramon Novarro, and it never happened again. And she stood up to the imposing Irish playwright George Bernard Shaw when he visited a set and tried to goad her. 'Having been brought up by people who respected themselves, I wasn't easily done in by any of these great figures.' As the 1930s progressed, in less than two years at MGM she made 15 films.'They worked us to death. You'd go from one picture to another without rehearsal, often not knowing what your part would be from scene to scene. They would hand you your afternoon lines in the commissary to learn over lunch. These so-called moguls used us terribly. We were little more than chattels, really, but it was valuable experience. You didn't need acting school; you learned on the job… ' Her famous and evergreen role as Nora Charles in the long-running 'Thin Man' series gilded her screen persona as 'the perfect wife''. But as film historian Imogen Sara Smith says in a Preface, this tag is 'dated and patronising (no one called William Powell 'the perfect husband', though for some he might be)'. And Loy found the tag restricting. Nonetheless, this was her breakthrough and its success completely obliterated the mediocre parts that had gone before. It also caused her to become one of the first actresses to rebel against a Hollywood studio, staging a one-woman strike in 1935 over the poor roles she was getting and the fact that she was earning half Powell's salary on their films together. She fled to New York and beyond, and finally MGM caved, even giving her a bonus to lure her back. As Loy unfolds her story, it is punctuated occasionally with personal reminiscences from many luminaries, with Gary Cooper (a fellow Montanan), Powell, Loretta Young, Gable, Rosalind Russell and Burt Reynolds among them. Hollywood biographies tend to drop names freely, and here are encounters with Garbo, Lamarr, Chaplin, Crawford, Harlow, Hemingway, Flynn, Grant, Dietrich, Sinatra, Reagan, Nixon and many more from both films and politics. In 1946 'The Best Years of Our Lives' was a huge success and won seven Academy Awards, including Best Picture, but while all around her won Oscars, Loy was overlooked. In fact she was never nominated for one at all until in 1991 she received an Honorary Academy Award in recognition of her career achievement. Frail health prevented her attending the ceremony. This was two years before she died on December 14, 1993 at age 88 during surgery. Fortunately, Loy had published this autobiography in 1987 and a lifetime in Tinseltown is a lifetime unlike most others. The book is available again in this new edition with the film historian's Preface, and there are tales galore such as this one: 'They put me right to work in 'Manhattan Melodrama' [1934], which precipitated the demise of John Dillinger, Public Enemy No. 1. FBI agents shot him down outside the Biograph Theatre, in Chicago, after he'd seen the film. Supposedly a Myrna Loy fan, he broke cover to see me. Personally, I suspect the theme of the picture rather than my fatal charms attracted him, but I've always felt a little guilty about it, anyway. They filled him full of holes, poor soul.' Conglomerates moved into Hollywood and as she aged she transitioned from glamorous leads to supporting roles. She adapted to television and the stage. Hers was a life of full of commitment and responsibility, at the United Nations, in Washington, supporting civil rights and opposing discrimination in housing. She attended international conferences at which she gave important speeches. Here are her considered thoughts, mixed in with movie stardom.
USA Today
01-06-2025
- Sport
- USA Today
Tennessee baseball announces starting pitcher against Wake Forest
Tennessee baseball announces starting pitcher against Wake Forest No. 14 national seed Tennessee (45-16) will look to advance to a super regional on Sunday. The Vols will host a NCAA Tournament Knoxville Regional final, as a visiting team, against No. 2 regional seed Wake Forest (37-21) at Lindsey Nelson Stadium. First pitch between the Vols and Demon Deacons is scheduled for 6 p.m. EDT. The contest will be televised by ESPNU. Tennessee (4-0) announced left-handed pitcher Dylan Loy will start against the Demon Deacons. The sophomore has appeared in 29 games, all in relief, for the Vols in 2025. Loy has pitched 29.1 innings, totaling 32 strikeouts and a 3.68 ERA. He has allowed 17 hits (three doubles, five home runs), 10 walks 14 runs (12 earned), three wild pitches and hit three batters in 29.1 innings. As a freshman in 2024, Loy (2-0) appeared in 21 contests (five starts) at Tennessee. He recorded 37 strikeouts and a 2.37 ERA in 30.1 innings. Follow Vols Wire on Facebook and X (formerly Twitter).
Business Wire
12-05-2025
- Business
- Business Wire
Entegris Announces CEO Succession Plan
BILLERICA, Mass.--(BUSINESS WIRE)--Entegris, Inc. (NASDAQ: ENTG), a leading supplier of advanced materials and process solutions for the semiconductor and other high-technology industries, today announced that Bertrand Loy will retire as President and Chief Executive Officer after 13 years in those roles, effective August 18, 2025. David Reeder will succeed Mr. Loy as President and CEO at that time. Mr. Reeder currently serves on the Entegris Board of Directors and will continue to do so as CEO. Mr. Loy will serve as Executive Chair of the Board through the end of the second quarter of 2026 to facilitate a smooth transition. Mr. Reeder brings to his new role a unique combination of financial and operational leadership experience with large public companies, including extensive semiconductor industry expertise. He most recently served as CFO of Chewy Inc., and previously in leadership roles at global semiconductor companies, including as CFO of GlobalFoundries and in senior roles at Texas Instruments and Broadcom. Mr. Reeder was also CEO at Lexmark International and at Tower Insurance Group. 'Entegris has been my professional home for two decades, and I make the decision to retire not only with enormous gratitude for the opportunity to serve as its CEO, but similarly with confidence in the Company's future,' Mr. Loy said. 'We have accomplished a great deal over the last 13 years, in particular making strides in broadening our technology portfolio, expanding our global infrastructure and creating significant shareholder value. I am proud of our achievements, but I am equally excited about the tremendous opportunities ahead for Entegris. Our global team is Entegris' true competitive advantage, and I know they will continue to bring great value to our customers and shareholders.' Mr. Loy continued, 'I have had the pleasure to get to know Dave well in his role on Entegris' Board. He is an incisive thinker and a decisive leader, with a deep understanding of our technology and the applications we serve, and a strong sense of the priorities that are meaningful for our stakeholders, including and especially our shareholders. I look forward to working closely with Dave during the transition and continuing to support him in my role as Executive Chair.' 'Bertrand's vision and leadership have shaped Entegris into the global industry leader it is today,' said James F. Gentilcore, Lead Independent Director, Entegris Board. 'Under his leadership and through a rapidly evolving technological and geopolitical landscape, Entegris' revenue and market capitalization grew nearly five times and over 10 times, respectively. On behalf of the Board, I want to express our immense gratitude for his two decades of service, his continued commitment to the Company, and the solid foundation he leaves behind.' Mr. Gentilcore continued, 'The Board recognizes that succession planning is one of its most critical duties. After careful consideration of internal and external candidates, we are confident that Dave is the ideal leader for this moment in Entegris' evolution. Dave has semiconductor industry expertise and proven global leadership capabilities, as demonstrated both through his career accomplishments and his contributions within our boardroom. We are confident that having Dave take on the CEO role is the right decision for the business as we continue our efforts to elevate Entegris to the next level of excellence and outperform our competition.' 'I am grateful for the Board's confidence in me to lead Entegris into its next phase of growth,' Mr. Reeder said. 'As a director, I have seen firsthand the organization's commitment to continuous improvement, creativity and the quest for excellence in all we do. These are values that speak to me on a personal and professional level, and I am eager to work with the team to build on this strong culture, capture the opportunities ahead of us, and deliver compelling value for our shareholders, customers, and our employees.' About David Reeder Mr. Reeder is a seasoned executive with considerable experience as both a CEO and CFO, bringing more than 20 years of semiconductor expertise across IDMs, fabless, foundry, systems and component companies. His most recent semiconductor experience was at GlobalFoundries Inc. (GFS), where as CFO he spearheaded the Company's IPO, the largest ever semiconductor IPO at the time. At GFS, Mr. Reeder also oversaw critical functions including operations, supply chain, procurement and IT. A globally focused leader, he has spent over a decade abroad working in Asia and Europe, driving semiconductor innovation and growth. He has a Bachelor's in Chemical Engineering from the University of Arkansas and a Masters of Business Administration from Southern Methodist University. About Entegris Entegris is a leading supplier of advanced materials and process solutions for the semiconductor and other high-tech industries. Entegris has approximately 8,000 employees throughout its global operations and is ISO 9001 certified. It has manufacturing, customer service and/or research facilities in the United States, Canada, China, Germany, Israel, Japan, Malaysia, Singapore, South Korea, and Taiwan. Additional information can be found at Cautionary Note on Forward-Looking Statements This news release contains 'forward-looking statements.' The words 'believe,' 'expect,' 'anticipate,' 'intend,' 'estimate,' 'forecast,' 'project,' 'should,' 'may,' 'will,' 'would' or the negative thereof and similar expressions are intended to identify such forward-looking statements. These forward-looking statements are based on current management expectations and assumptions only as of the date of this news release. They are not guarantees of future performance and they involve substantial risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from the results expressed in, or implied by, these forward-looking statements. These risks and uncertainties include, but are not limited to, disruptions to our business, including our retention efforts and relationships with external stakeholders due to the changes in our senior management; challenges in attracting and retaining qualified personnel; the Company's ability to effectively implement any organizational changes; and other matters. These risks and uncertainties also include, but are not limited to, the risk factors and additional information described in the Company's filings with the U.S. Securities and Exchange Commission (the 'SEC'), including under the heading 'Risk Factors' in Item 1A of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, filed on February 12, 2025, and in the Company's other SEC filings. Except as required under the federal securities laws and the rules and regulations of the SEC, the Company undertakes no obligation to update publicly any forward-looking statements or information contained herein, which speak only as of their respective dates.
Yahoo
09-05-2025
- Business
- Yahoo
ENTG Q1 Earnings Call: Tariffs and CapEx Slowdown Weigh on Outlook as Strategic Investments Continue
Semiconductor materials supplier Entegris (NASDAQ:ENTG) missed Wall Street's revenue expectations in Q1 CY2025, with sales flat year on year at $773.2 million. On the other hand, the company expects next quarter's revenue to be around $755 million, close to analysts' estimates. Its non-GAAP profit of $0.67 per share was 2.4% below analysts' consensus estimates. Is now the time to buy ENTG? Find out in our full research report (it's free). Revenue: $773.2 million vs analyst estimates of $789.9 million (flat year on year, 2.1% miss) Adjusted EPS: $0.67 vs analyst expectations of $0.68 (2.4% miss) Adjusted EBITDA: $220.7 million vs analyst estimates of $226.6 million (28.5% margin, 2.6% miss) Revenue Guidance for Q2 CY2025 is $755 million at the midpoint, roughly in line with what analysts were expecting Adjusted EPS guidance for Q2 CY2025 is $0.64 at the midpoint, below analyst estimates of $0.71 Operating Margin: 15.8%, in line with the same quarter last year Free Cash Flow Margin: 4.2%, down from 10.4% in the same quarter last year Inventory Days Outstanding: 147, up from 126 in the previous quarter Market Capitalization: $11.67 billion Entegris' first quarter results reflected headwinds from softer demand in capital equipment products and the early impact of new U.S.-China semiconductor tariffs. Management attributed the flat sales performance to a significant contraction in fluid handling and FOUPs, which are tied to new fab construction, especially in Asia, while highlighting growth in Materials Solutions and micro-contamination control products. CEO Bertrand Loy noted, 'we grew in spite of this CapEx headwind,' pointing to ongoing progress in new product qualifications and manufacturing investments. Looking ahead, management flagged the uncertainty created by new tariffs as the main reason for broadening guidance and holding back from updating the full-year outlook. Loy stated, 'the environment created by new tariff regimes is the source of significant uncertainty,' and explained that while ex-China business trends remain solid, the company is taking a more cautious stance until the direct and indirect effects on customer demand become clearer. CFO Linda LaGorga emphasized ongoing cost discipline and a strong focus on free cash flow improvement, with prioritized investments in global manufacturing and supply chain resiliency. Management's remarks focused on the combination of external trade pressures and internal strategic execution as the main themes shaping Q1 performance and the near-term outlook. Materials Solutions Momentum: Materials Solutions sales rose, driven by nearly 20% growth in CMP (chemical mechanical planarization) slurries and pads, offsetting some of the weakness in capital equipment-related products. Micro Contamination Control Demand: Advanced Purity Solutions (APS) saw growth in micro contamination control, with management citing a customer win in Korea that addressed a complex purity challenge in HBM (high-bandwidth memory) manufacturing. Tariff and Trade Impact: Newly imposed Chinese tariffs on U.S. semiconductor imports resulted in halted shipments to China, creating up to a $50 million revenue risk for Q2. Management outlined plans to redirect production to alternative Asian sites, but acknowledged a timing lag before mitigation is fully effective. Global Manufacturing Footprint Expansion: Entegris progressed with its Colorado and Taiwan facility investments, emphasizing redundancy and regional supply chain integration as a hedge against geopolitical and logistical risks. Selective Cost Controls: Management reported holding onto 75% of APS division cost savings rather than fully reinvesting, aiming to stabilize margins in the face of lower CapEx product demand and working capital pressure from elevated inventory days outstanding. Management's outlook for the coming quarters is shaped by external trade challenges, ongoing investment in manufacturing, and anticipated semiconductor node transitions. Tariff Mitigation and Supply Chain Shifts: The company's ability to reroute affected China-bound shipments from U.S. to Asian manufacturing sites is expected to determine the speed of revenue recovery and margin stabilization. Semiconductor Node Transitions: Management expects key technology upgrades—particularly increased adoption of molybdenum (moly) materials in memory and logic chips—to drive incremental content gains for Entegris in late 2025 and beyond. CapEx Product Demand Uncertainty: Ongoing softness in fab construction, especially in major Asian markets and North America, remains a risk for capital equipment product lines, partially offset by anticipated strength in consumable products as wafer starts improve. Melissa Weathers (Deutsche Bank): Asked if the Q2 sales guidance shortfall was fully due to tariffs or if cyclical weakness played a role; management clarified that ex-China, business trends are solid, and the Q2 impact is almost entirely tariff-related. Charles Shi (Needham): Questioned how much lost China revenue could be recovered in later quarters; management believes the impact is temporary and expects most business to shift to qualified Asian sites over time. Atif Malik (Citi): Sought detail on gross margin drivers for Q2 amid tariffs; CFO LaGorga explained that gross margin is pressured by tariffs and some volume deleveraging, but mitigation measures are underway. Timothy Arcuri (UBS): Asked if China customers might permanently switch to local alternatives; CEO Loy responded that Entegris' solutions are valued for performance and yield, and customers are actively qualifying alternative Entegris sites. Christopher Parkinson (Wolfe Research): Requested updates on node transitions and Taiwan facility progress; management expects key memory and logic node ramps to stay on schedule and highlighted the ongoing scale-up of the Kaohsiung, Taiwan plant. Looking forward, the StockStory team will be monitoring (1) the pace at which Entegris can shift China-bound shipments to its Asian manufacturing network, (2) the company's ability to sustain growth in Materials Solutions and micro contamination control segments amid CapEx headwinds, and (3) progress on customer qualifications and production ramp-up at new facilities in Colorado and Taiwan. Execution on these fronts, along with ongoing tariff mitigation, will be critical for stability and growth. Entegris currently trades at a forward P/E ratio of 22×. At this valuation, is it a buy or sell post earnings? The answer lies in our free research report. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Times
05-05-2025
- Business
- Business Times
More seed funding for carbon projects as Singapore overcomes climate paralysis: EDB, MTI
[SINGAPORE] To bridge the financing gaps in scaling up carbon markets, Singapore government agencies are mobilising more capital to support early-stage projects that require high upfront costs. This includes a new donor-advised fund launched by the Singapore Economic Development Board (EDB) and TT Foundation Advisors (TTFA), the philanthropy advisory arm of Temasek Trust, announced Jermaine Loy, managing director of EDB, at GenZero Climate Summit Insights on Monday (May 5), the first day of Ecosperity Week 2025. Managed by TTFA, the new fund will unlock capital from family offices and foundations for projects that generate high-integrity Article 6 carbon credits under EDB's Carbon Project Development Grant. Article 6 of the Paris Agreement sets out how countries can pursue voluntary cooperation to reach their climate targets. Loy noted a 'strong momentum' as more private capital owners come onboard, and welcomes those who share the vision to join hands. To date, S$20 million has been secured to co-fund the development of high-quality carbon projects, and several family offices are in discussions with EDB and TTFA. 'Whether it is to support climate mitigation efforts domestically or regionally, Singapore stands ready to work with like-minded partners. We believe that through these collaborations, we can turn moments of paralysis into decisive climate actions,' said Loy. A NEWSLETTER FOR YOU Friday, 12.30 pm ESG Insights An exclusive weekly report on the latest environmental, social and governance issues. Sign Up Sign Up At a keynote address, Tan See Leng, Minister for Manpower and Second Minister for Trade and Industry, highlighted the Singapore government's commitment to scaling up financing for carbon market development both domestically and regionally. Noting the need for support to build capabilities for neighbouring countries, Dr Tan said that the government will extend capacity-building initiatives over the next few years. 'MTI (Ministry of Trade and Industry) will collaborate with the Singapore Cooperation Enterprise to curate and to deliver new capacity-building initiatives that can support our partner countries, including operationalising Article 6 (of the Paris Agreement) cooperation,' highlighted Dr Tan. EDB's Carbon Project Development Grant, launched in November 2024, has been awarded to three established project developers – 3Degrees, Climate Bridge and The Nature Conservancy, which 'bring extensive global experience in developing nature and technology-based carbon projects', noted Loy. 'They will put these experiences to work, in early-stage feasibility studies, in countries where Singapore has an Article 6 collaboration with,' he added.
