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Egypt Independent
6 days ago
- Business
- Egypt Independent
Lamees al-Hadidy departs United Media Services
United Media Services (UMS) announced yesterday that its contract with prominent journalist and TV presenter Lamees al- Hadidy has concluded. In a statement, UMS said: 'After a journey spanning five consecutive years, United Media Services and Lamees al-Hadidy have mutually agreed not to renew the contract for the upcoming period.' The statement added: 'The company wishes Lamees al-Hadidy continued success, advancement, and prosperity.' Al-Hadidy responded to the UMS announcement in her first public comment on the termination of her contract for the program 'Kalema Akheera' (Last Word) on the ON channel. On her official X (formerly Twitter) account, she wrote: 'I conclude years of work with UMS, proud of the professional work I presented, through which I tried—to the best of my ability—to offer what befits the Egyptian audience. I thank the wonderful team that accompanied me throughout my long journalistic career across various screens. I thank my great audience—those who agreed with me and those who disagreed—for their support, love, assistance, and also their criticism. For you, we work; from you, we learn; and with you, we continue. And to a new journalistic and media experience soon.' Born in Cairo on November 8, 1969, Al-Hadidy earned her degree in Economics and Political Science from the American University in Cairo. She further specialized in her field by earning a Master's degree in Television Journalism. Al-Hadidy's extensive career in media began in 1987 at the American network NBC. She then spent three years as a correspondent for the New York Times channel. Her international experience continued with a tenure at MBC from 1994 to 1999, followed by CNBC from 1995 to 2009. Transitioning into print media, she took on the role of Editor-in-Chief for Al-Alam Al-Youm, an economic newspaper. Throughout her career on Egyptian television, al-Hadidy hosted a variety of programs, including 'Etkallem,' 'Mane' wa Mamnou',' 'El Ekhteyar El As'ab,' 'Min Qalb Masr,' and 'Feesh wa Tashbeeh.' Following the January 25th Revolution in 2011, she joined the CBC network, where she hosted 'Nuss El Haqeeqa' (Half the Truth) before leading the daily program 'Hona El Assema' (Here is the Capital). A testament to her impactful journalistic journey, al-Hadidy has interviewed numerous globally significant figures. Among the most prominent personalities she has hosted are Hillary Clinton, Tony Blair, Mahmoud Abbas (Abu Mazen), Khaled Meshaal, and Magdi Yacoub.
Yahoo
15-07-2025
- Business
- Yahoo
ON Semiconductor Earnings Preview: What to Expect
Scottsdale, Arizona-based ON Semiconductor Corporation (ON) provides intelligent sensing and power solutions in the United States and internationally. With a market cap of $24.7 billion, the company operates through three segments: Power Solutions Group, Analog and Mixed-Signal Group, and Intelligent Sensing Group. The company is poised to announce its fiscal Q2 2025 earnings results on Monday, Aug. 4. Ahead of this event, analysts expect the company to report an adjusted EPS of $0.53, down 44.8% from $0.96 in the same quarter last year. The company has surpassed Wall Street's bottom-line estimates in three of the past four quarters, while missing on another occasion. Palantir Just Launched Warp Speed for Warships. Does That Make PLTR Stock a Buy? This Analyst Just Doubled His Price Target on AMD Stock How High Can Nvidia Stock Go as Jensen Huang Heads to China? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! For fiscal 2025, analysts expect ON to report an adjusted EPS of $2.28, down 42.7% year-over-year from $3.98 in fiscal 2024. However, in fiscal 2026, the company's adjusted EPS is expected to increase 36.8% year-over-year to $3.12. ON stock has declined 21.8% over the past 52 weeks, underperforming the Technology Select Sector SPDR Fund's (XLK) 10.3% surge and the S&P 500 Index's ($SPX) 11.6% rise during the same time frame. On May 5, ON Semiconductor shares tumbled 8.4% following the release of its Q1 2025 results. The semiconductor components maker posted revenue of $1.45 billion in the period, surpassing Street forecasts. Moreover, its adjusted EPS for the quarter came in at $0.55, exceeding the consensus estimates by 7.8%. Looking ahead, the company expects its earnings to range from $0.48 per share to $0.58 per share and its revenue to be in the range of $1.4 billion to $1.5 billion for Q2. Wall Street analysts are moderately optimistic about ON's stock, with an overall "Moderate Buy" rating. Among 32 analysts covering the stock, 13 recommend "Strong Buy," two suggest a 'Moderate Buy,' 16 indicate a 'Hold,' and one suggests a 'Strong Sell.' As of writing, the stock is trading above its mean price target of $54.33. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Sign in to access your portfolio


Globe and Mail
15-07-2025
- Politics
- Globe and Mail
MEDIA NOTICE - Canada's Premiers to Meet in Huntsville July 21-23, 2025
OTTAWA, ON, July 15, 2025 /CNW/ - As Chair of the Council of the Federation, Ontario Premier Doug Ford will host the 2025 Summer Meeting of Canada's Premiers from July 21 to 23, at Deerhurst Resort in Huntsville.


Globe and Mail
15-07-2025
- Business
- Globe and Mail
Chartwell Announces July 2025 Distribution and Provides Occupancy Update
MISSISSAUGA, ON , July 15, 2025 /CNW/ - Chartwell Retirement Residences ("Chartwell") (TSX: announced today a cash distribution of $0.051 per Trust Unit. The cash distribution will be payable on August 15, 2025 to unitholders of record on July 31, 2025 . Unitholders can participate in Chartwell's Distribution Reinvestment Plan ("DRIP"). Eligible investors registered in the DRIP will have their monthly cash distributions used to purchase Trust Units and will also receive bonus units equal to 3% of their monthly cash distributions. DRIP offers unitholders the opportunity to steadily increase their ownership in Chartwell without incurring any commission or brokerage fees. Complete details of the DRIP are available on Chartwell's website at or from a unitholder's investment advisor. Same Property Occupancy Update The chart included (Figure 1) summarizes Chartwell's same property monthly weighted average occupancy rates for the months ended December 31, 2023 , through to June 30, 2025 , and provides forecasts for same property weighted average occupancy for the months ending July 31, 2025 , and August 31 , 2025. We expect positive momentum in initial contacts, personalized tours and high conversion rates to permanent move-ins to continue through 2025, supported by strong demand resulting from accelerating demographic growth, shortages of long-term care beds, and fewer seniors housing construction starts. Forward-Looking Information This press release contains forward-looking information that reflects the current expectations, estimates and projections of management about the future results, performance, achievements, prospects or opportunities for Chartwell and the seniors housing industry. Forward-looking statements are based upon a number of assumptions and are subject to a number of known and unknown risks and uncertainties, many of which are beyond our control, and that could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking statements. Examples of forward-looking information in this document include, but are not limited to, statements regarding our business strategies, including targets, and the expected results of such strategies, predictions and expectations with respect to industry trends regarding senior population growth, long term care bed shortages and the slowdown of new construction starts, and occupancy rate forecasts. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those expected or estimated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. These factors are more fully described in the "Risks and Uncertainties and Forward-Looking Information" section in our Management's Discussion and Analysis for the year ended December 31, 2024 (the "2024 MD&A"), and in materials filed with the securities regulatory authorities in Canada from time to time, including but not limited to our Annual Information Form (the "AIF"). A copy of the 2024 MD&A, the AIF and Chartwell's other publicly filed documents can be accessed under Chartwell's profile on SEDAR+ at Except as required by law, Chartwell does not intend to update or revise any forward-looking statements, whether as a result of new information, future events or for any other reason. ABOUT CHARTWELL Chartwell is in the business of serving and caring for Canada's seniors, committed to its vision of Making People's Lives BETTER and to providing a happier, healthier, and more fulfilling life experience for its residents. Chartwell is an unincorporated, open-ended real estate trust which indirectly owns and operates a complete range of seniors housing communities, from independent living through to assisted living and long-term care. Chartwell is one of the largest operators in Canada , serving approximately 25,000 residents in four provinces across the country. For more information, visit
Business Times
15-07-2025
- Business
- Business Times
Singapore runners, rejoice: On opens store at Jewel as Asia revenues soar
[SINGAPORE] Any runner in Singapore will tell you this: Scoring a pair of On shoes in recent months has been a minor sport in itself. The Swiss sportswear brand, known for its cloud-like soles and slick minimalist designs, has become a breakout hit across running clubs and TikTok feeds. Social media traction has exploded, thanks to performance-forward models such as the Cloudmonster and fashion-friendly lines like the Cloudnova. Yet, walk into a shoe store such as RL2 by Running Lab or JD Sports – and you are likely to hear the sales assistant say: 'Sold out already.' Well, runners need not fret any more. On's flagship store in Singapore's Jewel Changi Airport is a gateway into the South-east Asian market. PHOTO: ON On has opened its first South-east Asia flagship store at Jewel Changi Airport – a two-storey, 9,300 square foot store that offers the full suite of On gear: from high-performance footwear and warm-weather training apparel to its lifestyle silhouettes and even a kids' collection. For the 15-year-old brand, the Singapore flagship is 'a strategic response to rising demand' and a way to deepen the brand's long-term presence in the region, said On CEO Martin Hoffman. It was created in partnership with Gill Capital, the Singapore-based regional operator for several international brands such as COS, H&M and Hershey's. The launch comes at a time of record-breaking growth for the Zurich-headquartered On. In 2024, On's revenue in Asia-Pacific grew 84 per cent to 260 million Swiss francs. In Q1 2025, it surged another 130 per cent year-on-year to 120.6 million Swiss francs (S$193.8 million), making Apac the company's highest-growth region by year-on-year performance. A NEWSLETTER FOR YOU Friday, 2 pm Lifestyle Our picks of the latest dining, travel and leisure options to treat yourself. Sign Up Sign Up On CEO Martin Hoffman says Asia-Pacific is a primary focus, thanks to a stunning sales surge. PHOTO: ON Globally, On generated 2.32 billion Swiss francs in revenue in 2024, up 29 per cent from the previous year. Net profit more than tripled to 242 million Swiss francs. Hoffmann expects that a 'significant portion of our future growth will be driven by markets outside our more established regions', adding: 'Asia-Pacific is a primary focus – and we're just at the beginning of our journey here.' Inspired by Singapore's coastal running routes, the Singapore store's facade and interior mimic the movement of light bouncing off the sea and skyline, as seen through the eyes of a runner. Curved walls, kinetic lighting and greenery-inspired textures evoke motion and airiness. The flagship is split into two levels: Level one features hero products such as the Cloudmonster and Cloudrunner, as well as the Zendaya x On Zone Dreamers training collection. Level two houses casual models such as the Cloudtilt, performance tennis gear co-designed with Roger Federer, and a compact kids collection which signals On's family-friendly direction. The On store design is inspired by Singapore's coastal running routes. PHOTO: ON Beyond Singapore, On already operates a test store in Jakarta and is preparing to launch in Bangkok. Markets including Malaysia and the Philippines are under active consideration. 'Our strategy isn't about planting flags on a map,' Hoffmann told The Business Times. 'We grow thoughtfully, with the right partners and the right community. Whether it's direct to consumer or strategic local partnerships, it's about offering premium experiences with precision.' Currently, On has a presence in 80 countries. Hoffman added that while demand is high, supply will remain intentionally limited. 'We never discount. We don't chase volume. Even if we see that there is a strong momentum, we will always work through a protected supply. And we will not flood the market.' The store will also host the On Run Clun Singapore for running enthusiasts. PHOTO: ON The Jewel store will also serve as home base for the On Run Club Singapore, hosting weekly group runs, form clinics, injury prevention workshops and athlete meet-ups. 'Movement is a universal language,' said Hoffmann. 'And Singapore – with its vibrant fitness culture – is the perfect place to speak it.' One catch: On's sustainability programme Cyclon – a recyclable, subscription-based running shoe – is not yet available here due to logistical limitations of serving a small market like Singapore. Such a programme requires 'scale and infrastructure', Hoffmann noted. For now at least, the Singapore runners who have been chasing restocks for months can finally slip into the Clouds.