Latest news with #SaintDenis
Yahoo
17-05-2025
- Sport
- Yahoo
Star power: France captain Antoine Dupont invests in Los Angeles rugby club ahead of Olympics
FILE -The French team players Antoine Dupont, center, and Gregory Alldritt, right, celebrate with the trophy after the Six Nations rugby union match between France and Scotland at the Stade de France in Saint-Denis, outside Paris, March 15, 2025. (AP Photo/Christophe Ena, File) FILE -France's Antoine Dupont runs in to score his side's seventh try during the Rugby World Cup Pool A match between France and Namibia at the Stade de Marseille in Marseille, France, Sept. 21, 2023. (AP Photo/Daniel Cole, File) FILE -France's Antoine Dupont runs in to score his side's seventh try during the Rugby World Cup Pool A match between France and Namibia at the Stade de Marseille in Marseille, France, Sept. 21, 2023. (AP Photo/Daniel Cole, File) FILE -The French team players Antoine Dupont, center, and Gregory Alldritt, right, celebrate with the trophy after the Six Nations rugby union match between France and Scotland at the Stade de France in Saint-Denis, outside Paris, March 15, 2025. (AP Photo/Christophe Ena, File) FILE -France's Antoine Dupont runs in to score his side's seventh try during the Rugby World Cup Pool A match between France and Namibia at the Stade de Marseille in Marseille, France, Sept. 21, 2023. (AP Photo/Daniel Cole, File) Antoine Dupont loves L.A. So much so that the France captain has joined the ownership group of a Los Angeles rugby club. It's good timing for the sport, too, as it attempts to boost its profile in the United States. Advertisement Rugby Football Club Los Angeles said the 28-year-old scrumhalf, one of the world's best rugby union players but currently sidelined with a knee injury, and his company Ouest Coast have joined its ownership group. No financial details were released. Dupont led France to a rugby sevens gold medal at the Paris Olympics last summer after switching his attention from the traditional 15s format. Sevens remains on the program for the 2028 LA Games. He's no stranger to the Los Angeles area, having visited following the Olympics. While there, Dupont spent a day at the training facility of the NFL's Los Angeles Chargers. He showed head coach Jim Harbaugh how to pass a rugby ball, kicked some field goals and went through a training session, calling the whole thing 'an amazing experience.' Advertisement RFCLA said Friday that Dupont can bring 'global star power' to the club and Major League Rugby, which launched in 2018. 'Los Angeles is a unique place,' Dupont said in the announcement, "combining the best of sports, entertainment, fashion, and culture — I can't think of any other place that provides such opportunities for youth development, high performance, and commercial success to go hand-in-hand.' The Men's Rugby World Cup will be staged in the U.S. for the first time in 2031 and the women's tournament two years later. World Rugby — the sport's international governing body — has long viewed the U.S. as an area of untapped potential. 'Rugby is more than just a sport; it's a community with strong values,' Dupont said. 'Beyond competitive success on the pitch for RFCLA, I am excited by the opportunity to grow rugby's popularity in the States and establish an energetic hub of rugby culture that attracts players, fans, teams, and partners from around the world.' ___ AP rugby:
Forbes
16-05-2025
- Business
- Forbes
ArcelorMittal Is Losing The Margin War–Here's Why
CGT unionists and employees participate in a rally outside ArcelorMittal headquarters to put ... More pressure on the French management of the steelmaker, which plans to cut more than 600 jobs in Saint-Denis near Paris, on May 13, 2025. (Photo by Jerome Gilles/NurPhoto via Getty Images) ArcelorMittal (NYSE:MT) stock has been on a roll, increasing over 16% in just the last month after posting better-than-expected results for Q1 of 2025 and a positive outlook for the year. However, despite the recent optimism, there's one key problem that might catch investors off guard. ArcelorMittal's net income margin is quite low in comparison to both the industry and the sector. As of Q1 FY 2025, the most recently reported quarter, ArcelorMittal's net income margin, which indicates the accounting profit realized after accounting for operating expenses, non-operating expenses, interest, and taxes, was only 5.4%, up from -2.6% in Q4 FY 2024 and down from 5.7% in Q1 FY 2024. What about operating margins? It was 5.6% for the previous quarter. That's significantly lower than that of industry peers. For comparison, Barrick Gold Corp, another company in the metals and mining sector, achieved gross margins around 17.5% and net margins of approximately 17.4%. Kinross Gold Corporation's gross margins were quite high at 26.4%, with net margins exceeding 24%. Diluted EPS fell to $1.04 in Q1 FY 2025, down from $1.16 in the same quarter a year earlier. See: Buy Or Sell MT Stock? ArcelorMittal's margins are influenced by its global operations, especially in Europe, where energy and environmental expenses are elevated. Additionally, the recovery in demand has been sluggish. This contrasts with U.S.-focused companies such as Nucor and Steel Dynamics, which enjoy stronger domestic demand, reduced energy costs, and favorable trade protections. ArcelorMittal has significant exposure to international and emerging markets, where steel prices face less protection from tariffs or trade restrictions. In comparison, U.S. producers like Nucor and Steel Dynamics benefit from insulation in the domestic market along with higher average realized steel prices. Consequently, ArcelorMittal confronts price pressures without corresponding pricing power. ArcelorMittal employs a blast furnace (BOF) model at many facilities, which incurs higher fixed and variable costs (particularly with fluctuating input prices like iron ore or coal). This approach is less flexible compared to Electric Arc Furnace (EAF) operations used by competitors like Nucor and Steel Dynamics. When volumes or prices decline, fixed costs become burdensome, pressuring margins. The company has recognized asset impairments and restructuring charges, especially in Europe and certain legacy operations. These non-operational losses diminish net income margins even if operating cash flow remains steady. Investors should exercise caution when considering an investment in MT stock. As mentioned, both operating and net income margins are structurally lower than those of U.S. peers, suggesting reduced capital efficiency and profitability. Additionally, slow construction and automotive demand in Europe constrain near-term growth. Finally, steel is highly cyclical and susceptible to macroeconomic shocks, particularly from China (demand, exports) or global trade policy. Investing in a single stock like MT can be precarious. Conversely, the Trefis High Quality (HQ) Portfolio, comprising 30 stocks, has a history of comfortably outperforming the S&P 500 throughout the last four years. Why is that? As a collective, HQ Portfolio stocks have yielded superior returns with less risk in comparison to the benchmark index, resulting in a less volatile experience as demonstrated by HQ Portfolio performance metrics.
USA Today
12-05-2025
- Sport
- USA Today
Benoit Saint Denis wants Mateusz Gamrot after snapping skid\u00a0at UFC 315
Benoit Saint Denis wants Mateusz Gamrot after snapping skid at UFC 315 Show Caption Hide Caption Benoit Saint Denis wants Mateusz Gamrot after snapping losing skid UFC 315 winner Benoit Saint Denis spoke to MMA Junkie and reporters post-fight after his second-round submission of Kyle Prepolec in Montreal. MONTREAL – Benoit Saint Denis met the media Saturday after his win over Kyle Prepolec at UFC 315. Saint Denis (14-3 MMA, 6-3 UFC) got some early bits of resistance from Prepolec (18-9 MMA, 0-3 UFC), who took the fight on less than a week's notice to save Saint Denis' spot on the card when Joel Alvarez pulled out. But ultimately, he took over and submitted Prepolec midway into the first round. Saint Denis, who was a massive betting favorite of more than 11-1 in the fight, snapped a two-fight skid and now is hoping for a chance at Mateusz Gamrot, who has claimed Saint Denis turned down a fight. "The only problem is we never got any offer (from Gamrot) for (UFC 315)," Saint Denis said at his post-fight news conference. "I wanted to fight tonight. Now it's done. He knows better than everybody, all the fighters: When you have an opportunity to fight, you want to fight. You don't do a training camp for nothing. "… I don't know what the UFC plans are with Gamrot, if he has a fight planned. But anybody in the top 10, it's an honor and a privilege (to fight them). It's going to be a war." Gamrot (24-3 MMA, 7-3 UFC) is set to fight Ludovit Klein at the end of the month. Check out Gamrot's post-fight news conference in the video above.
Yahoo
12-05-2025
- Business
- Yahoo
CONVENING NOTICE TO THE ORDINARY GENERAL MEETING 2025 OF IBA SA
– WEDNESDAY, JUNE 11, 2025, AT 10:00 A.M. –Dear Shareholder, We have the honor of convening you to the Ordinary General Meeting (the "OGM") of IBA to be held on Wednesday June 11, 2025 at 10:00 A.M., to deliberate on the attached agenda. The OGM will be held in person at the Company's headquarters. There will also be an online webcast, accessible upon prior registration, but it will not be possible to vote online. This is a simple webcast. Shareholders are strongly encouraged to vote in advance of the OGM, within the legal deadlines, by proxy or via the remote voting form (both of which are provided herewith), in order to facilitate the counting of votes. Alternatively, shareholders are offered the possibility of voting via the platform (or, in the case of dematerialized shares, with the intervention of a financial intermediary acting on the instructions of the shareholder - via managed by ABN AMRO acting as agent of the Company. You will find all the formalities applicable for attending the OGM, together with the relevant forms, in attachment to this convening notice, as well as on our website ( on the Investor relations > Legal information > Shareholders' meetings page. If you have any questions concerning this convening notice, please send an e-mail to shareholderrelations@ sincerely. ________________________________ Saint-Denis SA President of the Board of Directors (Permanent representative: Mr P. Mottet) Attachments IBA - AGO 11.06.2025 - Convocations - ENGLISH VERSION IBA - AGO 11.06.2025 - Formulaire vote par correspondance IBA - AGO 11.06.2025 - Procuration IBA - AGO 11.06.2025 - Remuneration policy IBA - AGO 11.06.2025 - Results FY 2024 - ENGLISH IBA_Annual-Report-2024_ENError 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
USA Today
11-05-2025
- Sport
- USA Today
UFC 315 results: Benoit Saint Denis submits Kyle Prepolec, welcomes Mateusz Gamrot fight
UFC 315 results: Benoit Saint Denis submits Kyle Prepolec, welcomes Mateusz Gamrot fight Benoit Saint Denis performed like a heavy favorite at UFC 315. Saint Denis (14-3 MMA, 6-3 UFC) ran through the returning Kyle Prepolec (18-9 MMA, 0-3 UFC) for an arm-triangle choke at the 2:35 mark of Round 2. The lightweight bout was the UFC 315 main card opener at Bell Centre in Montreal. Saint Denis immediately shot for a takedown and landed it. Prepolec held onto Saint Denis' arm for a kimura lock, as Saint Denis looked to take his back. Saint Denis landed big elbows and punches as he continued to work for the rear-naked choke. Prepolec battled out of the position for a brief moment, but was immediately taken down again. This time, Saint Denis was able to get both hooks in and almost cinched in the standing rear-naked choke, but Prepolec was saved by the bell. Prepolec kicked off Round 2 with a big left hand. Saint Denis fired back with a flurry, but was accidentally poked in the eye. The action picked up after the break as the pair exchanged in the pocket. Saint Denis backed Prepolec against the fence and landed an array of big elbows and knees, but Prepolec hung tough. Saint Denis eventually dragged Prepolec down to the mat, and locked in an arm-triangle choke to submit the Canadian. After the win, Saint Denis welcomed a fight with Mateusz Gamrot, who wanted to step in against him on short notice after Joel Alvarez withdrew. Saint Denis snapped his two-fight losing skid. Up-to-the-minute UFC 315 results include:
