Connect with us
DAPA Banner
DAPA Coin
DAPA
COIN PAYMENT ASSET
PRIVACY · BLOCKDAG · HOMOMORPHIC ENCRYPTION · RUST
ElGamal Encrypted MINE DAPA
🚫 GENESIS SOLD OUT
DAPAPAY COMING

Business

SBI Holdings FY2025 slides: record profit soars 164%, ROE hits 28%

Published

on

SBI Holdings FY2025 slides: record profit soars 164%, ROE hits 28%
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Business

TOTVS S.A. (TTVSY) Q1 2026 Earnings Call Transcript

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

TOTVS S.A. (TTVSY) Q1 2026 Earnings Call May 7, 2026 10:00 AM EDT

Company Participants

Sérgio Serio – Investor Relations Head
Dennis Herszkowicz – CEO & Member of Board of Executive Officers
Gilsomar Sebastião – CFO, VP of Admin & Financial, Investor Relations Director and Member of Board of Executive Officers
Vivian Broge – VP, Chief Human Relations & Marketing Officer and Member of Board of Executive Officers

Advertisement

Conference Call Participants

Felipe Cheng – Santander Investment Securities Inc., Research Division
Livea Mizobata – JPMorgan Chase & Co, Research Division
Maria Infantozzi – Itaú Corretora de Valores S.A., Research Division
Silvio Doria – J. Safra Corretora de Valores e Cambio Ltda, Research Division
Luis Chagas – XP Investimentos Corretora de Câmbio, Títulos e Valores Mobiliários S.A., Research Division
Lucca Brendim – BofA Securities, Research Division

Presentation

Advertisement

Sérgio Serio
Investor Relations Head

[Interpreted] Good morning. Welcome to the earnings video conference on first quarter 2026. I’m Sérgio Serio. And here with me, we have our CEO, Maia, CFO, to present our quarter highlights. And by the end, we’ll have a Q&A session.

Before starting, it’s important to remind that forecast on TOTVS performance are based on current assumptions. There are risks and uncertainties, and many factors can change the company’s results that may differ from the expectations presented here.

Now I give the floor for Dennis on the Slide 3 that will start the presentation.

Advertisement

Dennis Herszkowicz
CEO & Member of Board of Executive Officers

Okay. Thank you, Sérgio. Good morning, everyone. Well, TOTVS’s performance on this quarter as in the previous one and during the full year of 2025 reinforce a practical contradiction when we have an imbalance between expectations and reality.

Since February 2, our future has been fitted in the same being of the software market. With [indiscernible] with the ongoing records on new sales, revenue, EBITDA and basically any other financial

Advertisement
Continue Reading

Business

Whale’s Insight: Will Strategy Sell Bitcoin? Q1 2026 Earnings Highlights

Published

on

Whale's Insight: Will Strategy Sell Bitcoin? Q1 2026 Earnings Highlights

Chipset on circuit board for semiconductor investment, 3d rendering

nespix/iStock via Getty Images

Strategy (MSTR) just broke its “never sell” pledge after a $12.54B Q1 loss, while Q1 AI earnings produced one repeatable formula: rigid supply, inelastic demand, +500% returns. April delivered $2B in net Bitcoin ETF inflows, the strongest month of 2026, and May opened with four straight

Continue Reading

Business

Jailed Iranian peace laureate Mohammadi moved to hospital in Tehran

Published

on

Jailed Iranian peace laureate Mohammadi moved to hospital in Tehran


Jailed Iranian peace laureate Mohammadi moved to hospital in Tehran

Continue Reading

Business

Installed Building Products, Inc. (IBP) Q1 2026 Earnings Call Transcript

Published

on

OneWater Marine Inc. (ONEW) Q1 2026 Earnings Call Transcript

Q1: 2026-05-07 Earnings Summary

EPS of $1.79 misses by $0.17

 | Revenue of $660.50M (-3.55% Y/Y) misses by $8.43M

Installed Building Products, Inc. (IBP) Q1 2026 Earnings Call May 7, 2026 10:00 AM EDT

Company Participants

Ryan Ricketts – Director of Investor Relations & Financial Planning
Jeffrey Edwards – Chairman, CEO & President
Michael Miller – CFO, Executive VP of Finance & Director

Advertisement

Conference Call Participants

Sam Reid
Stephen Kim – Evercore ISI Institutional Equities, Research Division
Michael Rehaut – JPMorgan Chase & Co, Research Division
Susan Maklari – Goldman Sachs Group, Inc., Research Division
Philip Ng – Jefferies LLC, Research Division
Michael Dahl – RBC Capital Markets, Research Division
Trey Grooms – Stephens Inc., Research Division
Adam Baumgarten
Kenneth Zener – Seaport Research Partners
Collin Verron

Advertisement

Presentation

Operator

Greetings, and welcome to the Installed Building Products First Quarter 2026 Financial Results Conference [Operator Instructions]. As a reminder, this conference is being recorded.

I would now like to turn the conference over to your host, Ryan Ricketts, Director of Investor Relations and Financial Planning and Analysis. You may begin.

Advertisement

Ryan Ricketts
Director of Investor Relations & Financial Planning

Good morning, and welcome to Installed Building Products First Quarter 2026 Earnings Conference Call. Earlier today, we issued a press release on our financial results for the 2026 first quarter, which can be found in the Investor Relations section of our website. On today’s call, management’s prepared remarks and answers to your questions may contain forward-looking statements within the meaning of federal securities laws. These forward-looking statements are based on management’s current beliefs and expectations and are subject to factors that could cause actual results to differ materially from those described today.

Please refer to our SEC filings for cautionary statements and risk factors. We undertake no duty or obligation to update any forward-looking statement as a result of new information or future events, except as required by federal securities laws. In addition, management refers to certain non-GAAP and adjusted financial measures on this

Advertisement
Continue Reading

Business

Putin Declares Ukraine Conflict ‘Coming to an End’ as Fighting Rages On

Published

on

Donald Trump left the G7 summit early, saying he had to deal with the crisis in the Middle East

MOSCOW — Russian President Vladimir Putin declared Thursday that the war in Ukraine is “coming to an end,” offering his most optimistic public assessment of the three-year conflict even as fierce fighting continues along the front lines and Western officials expressed deep skepticism about any imminent resolution.

Speaking during a televised meeting with regional governors, Putin said Russian forces had achieved most of their military objectives and that negotiations could begin if Kyiv meets Moscow’s conditions. “The conflict is coming to an end,” Putin stated. “We are seeing positive dynamics on the battlefield, and I believe we are close to achieving our goals.”

The remarks, delivered with confidence, quickly drew global attention and mixed reactions. Ukrainian officials dismissed them as propaganda, while some European leaders called for caution. U.S. officials under President Donald Trump have signaled openness to negotiations but emphasized that any deal must be acceptable to Ukraine.

Despite Putin’s statement, intense combat persisted Thursday. Russian forces continued incremental advances in Donetsk Oblast, particularly around Pokrovsk, while Ukrainian troops launched drone strikes deep into Russian territory, targeting airfields and logistics hubs. Independent estimates suggest daily casualties on both sides remain high, with no immediate signs of de-escalation on the ground.

Advertisement

Ukrainian President Volodymyr Zelenskyy responded swiftly, stating that any peace must include full Russian withdrawal from occupied territories and robust security guarantees. “Russia talks about peace while continuing to bomb our cities and kill our people,” Zelenskyy said in a video address. “Real peace requires actions, not just words.”

Background and Context of the Conflict

Russia launched its full-scale invasion of Ukraine in February 2022, initially aiming for a rapid victory. After suffering major setbacks, including the failed assault on Kyiv and retreats from Kharkiv and Kherson, Russian strategy shifted to a grinding war of attrition focused on eastern Ukraine. The conflict has caused hundreds of thousands of military casualties, displaced millions and devastated Ukrainian infrastructure.

Western nations have provided more than $300 billion in aid to Ukraine, while Russia has relied on alliances with North Korea, Iran and domestic production to sustain its campaign. Multiple rounds of peace talks have failed, with both sides maintaining maximalist positions.

Putin’s latest comments echo previous claims of progress but come at a time when Russian forces have made their most consistent territorial gains in over a year. Ukrainian forces are struggling with manpower shortages, fatigue and reduced Western military support, while Russian missile and drone attacks on energy infrastructure have left millions of Ukrainians without reliable power.

Advertisement

International Reactions

The United States, under President Donald Trump, has indicated willingness to facilitate negotiations. Trump has repeatedly said he could end the war quickly, though specific proposals remain unclear. European leaders have expressed caution, warning that any agreement must respect Ukraine’s sovereignty and territorial integrity.

NATO Secretary General Mark Rutte reaffirmed the alliance’s commitment to supporting Ukraine “for as long as it takes.” China, a close partner of Russia, welcomed Putin’s comments and called for a “political solution.” Analysts note that Putin’s statement may be timed to influence upcoming diplomatic discussions and to project strength ahead of Russia’s Victory Day celebrations.

Military Situation on the Ground

Russian forces continue slow but steady advances in Donetsk Oblast, with heavy fighting around Pokrovsk, Chasiv Yar and Vuhledar. Ukrainian forces have conducted successful long-range drone strikes on Russian oil refineries and military airfields, disrupting logistics and air operations.

Both sides are suffering significant losses. Independent estimates place combined daily casualties above 1,000. Spring weather has improved conditions for mechanized maneuvers, raising fears of renewed large-scale offensives in the coming weeks.

Advertisement

The humanitarian situation in Ukraine remains dire, with widespread power outages, destroyed infrastructure and millions displaced. International aid organizations continue to call for increased support and protection for civilians.

Economic Impact on Russia

Despite extensive Western sanctions, Russia’s economy has shown surprising resilience, supported by redirected oil sales, wartime industrial mobilization and alliances with non-Western nations. However, long-term challenges persist, including labor shortages, technological isolation and inflation pressures.

Putin’s government has heavily invested in the defense sector, which now accounts for a significant portion of GDP. This militarization has boosted short-term growth but raises concerns about economic sustainability once the conflict ends.

Path Toward Possible Negotiations

Any potential peace agreement would require complex compromises. Russia has demanded recognition of its territorial gains, Ukrainian neutrality and the lifting of sanctions. Ukraine insists on full withdrawal to 1991 borders, strong security guarantees and reparations.

Advertisement

Western diplomats say serious negotiations are unlikely without significant battlefield shifts or major political changes in either country. For now, both sides appear prepared to continue fighting while keeping diplomatic channels open.

Global Security Implications

The Ukraine conflict has reshaped European security, strengthened NATO and accelerated energy transitions away from Russian supplies. A resolution — whether through victory, defeat or negotiated settlement — would have profound implications for global stability, nuclear deterrence and the rules-based international order.

As Putin claims the war is nearing its end, the reality on the battlefield suggests a long and difficult road ahead. For the people of Ukraine, every statement from Moscow is measured against the continued suffering and destruction they endure daily.

The coming weeks and months will be critical in determining whether Putin’s words signal genuine openness to peace or represent another tactical maneuver in a war that has already claimed hundreds of thousands of lives and redrawn the map of Europe.

Advertisement

For now, the fighting continues, diplomacy remains stalled, and the world watches to see if 2026 will finally bring an end to Europe’s largest conflict since World War II.

Continue Reading

Business

AOC-backed $25 minimum wage could hit small businesses and red states

Published

on

AOC-backed $25 minimum wage could hit small businesses and red states

A proposal backed by Rep. Alexandria Ocasio-Cortez to raise the federal minimum wage to $25 an hour is drawing warnings from economists, who say the plan could squeeze small businesses and hit red states hardest.

Because many red states remain near the $7.25 federal floor, the move would more than triple wages in those regions — a jump economists say could be harder for small businesses to absorb, raising the risk of higher prices, reduced hiring and broader economic strain.

Advertisement

“That’s one of the common fallacies people fall into. Many believe raising the minimum wage will solve everything, that wages will go up while prices stay the same,” Santiago Vidal Calvo, a policy analyst at the Manhattan Institute, told Fox News Digital. “But that’s Econ 101, it doesn’t work that way.”

AOC-BACKED $25 MINIMUM WAGE PLAN SOUNDS GREAT — BUT AT WHAT COST?

NY Rep. Alexandria Ocasio-Cortez listens to a question during a news conference.

Rep. Alexandria Ocasio-Cortez, D-N.Y., has called for raising the federal minimum wage to address affordability concerns. (Tom Williams/CQ-Roll Call/Getty Images / Getty Images)

He warned the proposal could disproportionately impact younger and low-income workers as businesses move to offset higher labor costs by cutting hours, reducing jobs or turning to automation.

Rebekah Paxton, research director at the Employment Policies Institute, said opposition to steep wage hikes is widespread among economists.

Advertisement

“We surveyed more than 160 American economists and found that 96% opposed proposals above $20 an hour,” Paxton told Fox News Digital, adding that concerns are especially pronounced in thin-margin industries like hospitality and restaurants, where higher labor costs could lead to job losses and make it harder for businesses to operate.

ONE LITTLE-KNOWN MEETING HELPS DECIDE WHAT AMERICANS CAN AFFORD — AND WHAT THEY CAN’T

Nicole Huyer, a senior research associate at the Thomas A. Roe Institute for Economic Policy Studies, said those pressures could force businesses to make tough decisions.

“Small businesses will look to cut costs by any means necessary,” Huyer said. “That includes raising prices, laying off workers, cutting hours or relocating altogether.”

Advertisement

The federal minimum wage has remained at $7.25 an hour since 2009, even as some states have pushed base pay above $15 — widening the gap between higher- and lower-wage economies.

States like California and New York now mandate minimum wages above $16 an hour, while others, including Texas and North Dakota, remain at the federal baseline. Economists also warn higher labor costs could accelerate automation in industries like retail and fast food, where margins are thin and entry-level jobs are common.

CLICK HERE TO GET FOX BUSINESS ON THE GO

A restaurant worker is seen moving tables on a patio ahead of dinner service.

Experts warn that hiking the federal minimum wage to $20 an hour will hurt small businesses. (Jeffrey Greenberg/Universal Images Group/Getty Images / Getty Images)

Small business owners in lower-wage states may be particularly vulnerable, as they often operate with tighter margins and less ability to absorb sudden cost increases than firms in higher-cost regions.

Advertisement

As proposals to raise the federal minimum wage gain traction, the debate is likely to intensify over whether a single national standard can account for wide differences in state economies, or whether wage policy is better left to the states.

Continue Reading

Business

Hartford International Opportunities Fund Q1 2026 Commentary

Published

on

Hartford International Opportunities Fund Q1 2026 Commentary

Hartford Funds offers a broad range of actively managed and systematic-investing strategies designed to provide solutions for a variety of investment needs. Articles published here provide readers with timely insight on economic, market, and investing trends. For more information visit hartfordfunds.com.

Continue Reading

Business

John Hancock 2020 Lifetime Blend Portfolio Q1 2026 Commentary

Published

on

John Hancock 2020 Lifetime Blend Portfolio Q1 2026 Commentary

A company of Manulife Investment Management, John Hancock Investment Management serves investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship. Note: This account is not managed or monitored by John Hancock Investment Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use John Hancock Investment Management’s official channels.

Continue Reading

Business

Lord Abbett Growth Leaders Fund Q1 2026 Commentary

Published

on

Lord Abbett Growth Leaders Fund Q1 2026 Commentary

Lord Abbett is an independent, privately held, global asset manager and one of the oldest money management firms in the United States. They manage assets across a full range of U.S. mutual funds, UCITS funds, institutional and separately managed accounts for clients around the world. Note: This account is not managed or monitored by Lord Abbett, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use Lord Abbett’s official channels.

Continue Reading

Business

Zayed International Airport Fully Open and Operating Normally Today in Abu Dhabi

Published

on

Is Abu Dhabi Airport Open? Zayed International Airport Resumes Limited

ABU DHABI — Zayed International Airport (AUH), the main gateway to the UAE capital, is fully open and operating with normal commercial flight schedules today, May 10, 2026, after a phased recovery from earlier regional airspace restrictions and infrastructure challenges. Passengers can expect standard operations across all terminals, though airlines recommend checking flight status for any residual minor delays as the hub returns to peak efficiency following months of cautious reopening.

The airport, which serves as the primary hub for Etihad Airways, is handling hundreds of daily arrivals and departures to major global destinations including London, New York, Sydney, Mumbai, and regional hubs across the Middle East and Asia. Live flight trackers and the official airport website show robust activity, with Terminal 3 operating at near-full capacity for long-haul and international flights. Ground staff report smooth processing at immigration, security and baggage claim, though travelers are still advised to arrive early during peak hours.

This marks a significant milestone for Abu Dhabi’s aviation sector after temporary disruptions tied to broader Middle East tensions earlier in the year. The General Civil Aviation Authority (GCAA) announced the full resumption of normal air traffic operations on May 2, lifting precautionary measures that had been in place since late February. Since then, flight volumes have steadily increased, with Etihad Airways now operating close to 90-100 daily departures to around 80 destinations.

Airport officials expressed confidence in the recovery. “Zayed International Airport is open and fully functional,” a spokesperson said. “We have worked closely with airlines and regulatory bodies to restore seamless connectivity while maintaining the highest safety standards.” The airport’s modern facilities, including world-class lounges, diverse dining options and extensive retail, are all operating normally, providing passengers with the premium experience the hub is known for.

Advertisement

Passenger Experience and Travel Tips

Travelers passing through Zayed International Airport today report generally smooth journeys, though some note slightly longer queues during morning and evening peaks as operations scale up. The airport’s efficient layout, with clear signage and modern amenities, helps minimize inconvenience. Free high-speed Wi-Fi, prayer rooms, medical services, children’s play areas and accessibility support for passengers with reduced mobility are all fully available.

For those in transit, the airport offers excellent options including luxury lounges, sleeping pods, spas and a wide range of dining from quick snacks to fine dining. Business travelers can access dedicated workspaces with reliable internet and meeting facilities. Families benefit from nursing rooms and entertainment zones designed specifically for younger passengers.

Ground transportation links are running on regular schedules, with taxis, rideshares and buses providing easy access to downtown Abu Dhabi and beyond. Hotels connected to the airport, such as the JW Marriott and others, report strong occupancy as business and leisure travel rebounds.

Weather in Abu Dhabi today is typical for May — hot and clear with temperatures reaching the mid-30s Celsius. No major weather-related disruptions are expected. Passengers are reminded to stay hydrated and use sun protection when moving between terminals or waiting for ground transport.

Advertisement

Economic and Regional Significance

The full normalization of operations at Zayed International Airport is a major positive for Abu Dhabi’s economy and the UAE’s position as a global aviation and business hub. The airport supports thousands of jobs directly and indirectly and plays a critical role in tourism, trade and connectivity. Its recovery strengthens the emirate’s appeal as a preferred destination and transit point for travelers from around the world.

Etihad Airways, the national carrier based at Zayed, has rapidly restored its network, offering flights to key destinations across Europe, Asia, North America and Australia. Other carriers including Air Arabia Abu Dhabi and international partners have also increased frequencies, improving options and affordability for passengers. Cargo operations have returned to full strength, supporting global supply chains that rely on Abu Dhabi as an important logistics center.

Travel Advisory for Passengers

Authorities and airport management recommend the following for travelers today:

  • Verify your flight status directly with your airline before heading to the airport.
  • Arrive at least three hours before international departures to account for any minor processing adjustments.
  • Download the official Zayed International Airport app for real-time flight information and facility maps.
  • Have all necessary travel documents, visas and health requirements ready for quick inspection.
  • Be aware that while operations are normal, some airlines may still be adjusting schedules following the earlier restrictions.

For transit passengers, the airport provides seamless connections with excellent amenities and efficient processes. The multi-terminal design ensures smooth movement between flights, with clear signage and helpful staff available throughout.

Looking Ahead for Abu Dhabi Aviation

Zayed International Airport is preparing for strong summer demand as regional and international travel fully normalizes. The hub aims to handle record passenger numbers in the coming months, supported by ongoing infrastructure enhancements and expanded airline partnerships. Long-term expansion plans, including further development of Terminal facilities, remain on track to accommodate future growth.

Advertisement

The smooth return to full operations demonstrates the resilience and professionalism of Abu Dhabi’s aviation sector. As one of the region’s premier gateways, the airport continues to set high standards for passenger experience, safety and efficiency.

For anyone traveling through or to Abu Dhabi today, Zayed International Airport is open, welcoming and ready to provide the world-class service travelers have come to expect. While the sector continues to recover and fine-tune operations, the overall experience is back to normal, offering seamless connectivity and modern facilities for millions of passengers.

The reopening and full normalization of Zayed International Airport mark an important milestone in the UAE’s return to robust aviation activity. As flights resume at scale and passenger numbers grow, the airport once again stands ready to connect people, cultures and economies across the globe through one of the Middle East’s most important aviation hubs.

Advertisement
Continue Reading

Trending

Copyright © 2025