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Clive Palmer wants Perth judge to stand aside in swindle appeal

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Clive Palmer wants Perth judge to stand aside in swindle appeal

Clive Palmer has asked a Federal Court judge court to disqualify himself from deciding the fate of his $12 million company swindle prosecution.

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California Resources set to report earnings ahead of merger close

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California Resources set to report earnings ahead of merger close

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Sunstone Hotel Investors earnings beat by $0.04, revenue topped estimates

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Sunstone Hotel Investors earnings beat by $0.04, revenue topped estimates

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Syensqo SA ADR 2025 Q4 – Results – Earnings Call Presentation (OTCMKTS:SYNSY) 2026-02-27

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

This article was written by

Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team

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J.M. Smucker raises Hostess impairment costs by almost $1 billion

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J.M. Smucker raises Hostess impairment costs by almost $1 billion

Sweet Baked Snacks long-term growth outlook cut to 2%.

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Writing on the wall for letter delivery in Australia

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Writing on the wall for letter delivery in Australia

Australia will eventually follow Denmark’s lead and abandon its letter service, with deliveries of handwritten notes, Christmas cards and household bills destined to become a thing of the past.

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WWE’s Randy Orton Talks Retirement, Challenges Tom Brady to Take the RKO

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Randy Orton

WWE Superstar Randy Orton made an appearance on “The Pat McAfee Show” and openly talked about his retirement.

He also touched on NFL legend Tom Brady’s comments on WWE, challenging him to take an RKO.

Randy Orton on His Eventual Retirement

According to Sportskeeda, Orton got candid withh McAfee about his 26-year-long career and how long he thinks he has left in the ring.

“I’m 46 in a couple of months, and you know, I can’t do this forever,” the 14-time World Champion said. “I’ve been doing it for 26 years. If I could do it another decade, I will.”

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“The work rate, the way that I wrestle, you know, maybe I could pull that out,” he added. “But I know that time’s coming.”

Orton also touched on the one thing he wants to be able to do before he retires, whenever that may be.

According to The Viper, he said he wants to become a world champion one more time.

“That’d be huge. I think right now you’ve got Triple H and myself tied at 14. John Cena, of course, just retired with 17 World Championships,” he said. “You got Ric Flair, I think it’s 16. I’d love to get one more, at least one more.”

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“It would mean the world to me,” he admitted.

Orton Challenges Tom Brady to Take an RKO

Orton likewise addressed the comments made by Tom Brady, who called professional wrestling “cute.”

“10, 15, 20 years ago, I would have been hot. I would have had choice words to say for Tom Brady,” Orton admitted. “But every second I’m in that ring, I am soaking it up.”

According to SEScoops, Orton then went on to challenge Brady, saying, “Tom, if you want to take an RKO, dude — call Pat. Pat will call me.”

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Watch Randy Orton’s full interview on “The Pat McAfee Show” below:

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Netflix pulls out of Warner Bros Discovery bid after Paramount offer

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Netflix pulls out of Warner Bros Discovery bid after Paramount offer

Warner Bros. Discovery CEO David Zaslav may have been counting on watching one last round in the Netflix vs. Paramount Skydance boxing match to acquire the media company he runs. What he might not have anticipated was that Netflix wouldn’t even bother re-entering the ring.

Thursday after the market close, WBD announced that Paramount Skydance’s last and best offer of $31 a share for its film studio, streaming platform and cable networks was superior to Netflix’s previously accepted bid of $27.75 a share for the studio and streaming assets.

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WBD’s declaration started a countdown clock: Netflix was granted four business days to match or beat Paramount’s new bid, but just an hour and 10 minutes later, Netflix left the arena.

NETFLIX BACKS OUT OF WARNER BROS BIDDING WAR AFTER PARAMOUNT MADE ‘SUPERIOR’ OFFER

ted sarandos netflix co-ceo

WBD said Paramount Skydance’s last and best offer of $31 a share for its film studio, streaming platform and cable networks was superior to Netflix’s previously accepted bid of $27.75 a share for the studio and streaming assets. Netflix co-CEO Ted Sa (Charley Gallay/Getty Images for Netflix / Getty Images)

In a joint statement, the streamer’s co-CEOs, Ted Sarandos and Greg Peters, said, “The transaction we negotiated would have created shareholder value with a clear path to regulatory approval. However, we’ve always been disciplined, and at the price required to match Paramount Skydance’s latest offer, the deal is no longer financially attractive, so we are declining to match the Paramount Skydance bid.” 

Considering Sarandos’ tone in the final days of the process, the market should have been ready for the quick exit. In an interview Feb. 20 on FOX Business’ “Claman Countdown,” Sarandos, when pressed as to whether he’d match a potentially higher bid by Paramount Skydance, seemingly took a page out of former Berkshire Hathaway CEO Warren Buffett’s “never overpay for an asset no matter how much you want it” playbook.

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The Netflix logo displayed on a building

Netflix was granted four business days to match or beat Paramount’s new bid, but just an hour and 10 minutes later, Netflix left the arena. (Mario Tama/Getty Images / Getty Images)

“We’ve been very disciplined buyers in our careers. Our shareholders know us and they expect us to continue to do what we do, which is remain a disciplined buyer,” Sarandos told FBN.

Netflix shareholders have never fully embraced the merger since the official bidding process began Nov. 20. Since then, Netflix shares have shriveled more than 19%.

Ticker Security Last Change Change %
NFLX NETFLIX INC. 84.61 +1.90 +2.30%
WBD WARNER BROS. DISCOVERY INC. 28.80 -0.10 -0.35%
PSKY PARAMOUNT SKYDANCE CORP. 11.18 +1.02 +10.04%

Much of the concern focused on whether the $82.7 billion dollar cost might shake Netflix’s solid balance sheet, and whether the deal would pass regulatory muster.

NETFLIX CO-CEO ACCUSES JAMES CAMERON OF SPREADING ‘MISINFORMATION’ ABOUT WARNER BROS. ACQUISITION

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An aerial view of the Warner Bros. logo displayed on the water tower at Warner Bros. Studio

Netflix shareholders have never fully embraced the merger since the official bidding process began November 20. (Mario Tama/Getty Images / Getty Images)

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Thursday evening when WBD confirmed the superiority of Paramount’s bid, Netflix shares saw a relief rally, soaring nearly 10% in after-hours trade.

In its statement, Netflix’s co-CEOs intimated they agreed with shareholders.

“This transaction was always a ‘nice to have’ at the right price, not a ‘must have’ at any price,” Sarandos and Peters said.

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SSE Airtricity to reduce gas prices by 8% from April

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SSE Airtricity to reduce gas prices by 8% from April

It means the annual gas bill of a typical household with a credit meter will reduce by £80 a year.

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Laundryheap ramps up global expansion with four new market launches

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Laundryheap ramps up global expansion with four new market launches

On-demand laundry and dry-cleaning platform Laundryheap has accelerated its international growth strategy with launches in four new markets: Colombia, Mexico, Malaysia and Scotland.

The latest expansion sees the company enter Bogotá, Mexico City, Kuala Lumpur and Edinburgh, taking its total footprint to 28 cities across 16 countries. Existing markets include the United States, Singapore, the Netherlands, the UK, the UAE and France, with further launches planned throughout 2026.

Founded by Deyan Dimitrov, Laundryheap positions itself as the world’s largest on-demand laundry service, having served more than 400,000 customers globally and processed over 110 million items to date. The business has grown rapidly over the past five years, reporting 700 per cent growth since 2020 as consumers increasingly embraced app-based convenience services.

Dimitrov said the new openings marked a significant step in the company’s ambition to become the most trusted global brand in the sector.

“Our launches into Colombia, Mexico, Malaysia and Scotland mark another major milestone in Laundryheap’s journey to becoming the world’s most trusted name in on-demand laundry and dry cleaning,” he said. “Expanding into these vibrant markets reflects both the strength of our technology platform and the growing global demand for reliable, 24-hour turnaround services.”

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Laundryheap’s app-based model allows customers to book collections for clothes and bedding, which are laundered or dry cleaned and returned within 24 hours. In select cities including London, Dubai and Abu Dhabi, the company introduced an Express Overnight service last year, offering turnaround times of as little as eight hours.

Beyond individual customers, the company has expanded into commercial partnerships, working with bars, restaurants, hotels and short-term rental operators. Corporate partners include Emirates Skywards, CitizenM and Klarna.

The expansion follows a series of strategic acquisitions aimed at consolidating the fragmented on-demand laundry market. Over the past three years, Laundryheap has completed seven acquisitions, including France’s Lavoir Moderne and Singapore-based Oppa Laundry. It previously acquired UK rival Laundrapp in 2022.

The company has raised £17 million in funding to date from investors including Alex Chesterman, Nickleby Capital, Verb Ventures, The Side by Side Partnership and Claret Capital Partners.

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With fresh market entries in Latin America and Southeast Asia, and further planned growth in the United States and the Gulf region, Laundryheap is pursuing what it describes as its most aggressive international expansion strategy to date, as competition intensifies in the global on-demand services sector.


Amy Ingham

Amy is a newly qualified journalist specialising in business journalism at Business Matters with responsibility for news content for what is now the UK’s largest print and online source of current business news.

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Rathbones aims to become ‘best wealth manager in the UK’ after 53% profit jump

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Analysts note ‘quiet revolution’ at FTSE 250 company as its profit before tax reaches £152.9m

The Port of Liverpool Building, home to the Liverpool office of Rathbone Brothers. Picture: ANDREW TEEBAY

The Port of Liverpool Building, home to the Liverpool office of Rathbones

FTSE 250 firm Rathbones has declared its ambition to become the “best wealth manager in the UK by far”.

Shares climbed 9% to 2,410 pence in early trading on Friday, notching up a 24.6% gain year to date, after the group said pre-tax profit leapt 53.5% to £152.9m, up from £99.6m the prior year. That was underpinned by the performance of integrated synergies and higher funds under management (FUMA) at the Liverpool-founded business.

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The strong results come on the heels of a turbulent period for the broader UK wealth management sector, after several firms witnessed their share prices tumble following the launch of a new AI tool, prompting investors to question how artificial intelligence might reshape or even threaten the industry.

However, Rathbones chief executive Jonathan Sorrell, who assumed the role in August 2025, dismissed such fears, describing AI as a powerful tool that enables advisers to devote greater time to clients and nurture relationships, as reported by City AM.

He said: “We just feel that is a massive opportunity in terms of how it’s going to help achieve…change in our productivity as a business and the quality of service offering that we can provide.

“What it does is free up time to focus…on the human relationship we have with our client.”

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The recent acquisitions of Schroders by American investment firm Nuveen and Evelyn Partners by high street bank Natwest has further fuelled debate around sector trends, though Sorrell maintained the market possesses “long term growth dynamics” and is not “cyclical”. He observed that Rathbone’s clientele, individuals holding assets between £1m and £5m, represent the fastest expanding segment of the market, whilst the drive by the sector and government to encourage greater investment presents “an exciting proposition”.

Whilst he recognised that the “industry will consolidate further over time” he emphasised Rathbone’s is solely seeking to “optimise” its existing operations, with dependable shareholders and the IW&I division positioning the firm for continued expansion.

FUMA climbed to £115.6bn, up from £109.2bn, supported by the market rebounding from first half lows triggered by Trump’s ‘Liberation Day’ tariff upheaval.

The firm confirmed it was extending its £50m share buyback scheme, which it completed in mid February, by £20m, with the group stating that it aims to deploy its “shareholders capital as efficiently as possible”.

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The board proposed a final dividend of 68.0 pence per share, taking the annual total to 99.0 pence, a 6.5 per cent rise. The firm also highlighted the performance of its Investec Wealth and Investment (IW&I) division, which successfully completed its integration earlier in the year.

The operation surpassed expectations, delivering £76m on an annualised run-rate basis, considerably above Rathbones’ £60m target, and establishing the group as the UK’s largest discretionary wealth manager. Sorrel added that it had always set out “to maximise the opportunity” of integrating the business and “identified more areas” where IW&I could contribute to overall growth.

Rathbones also confirmed it wants to become the UK’s leading wealth manager, by establishing itself as the preferred choice for both clients and talent, whilst also enhancing its operational efficiency.

Rathbones still has a base at the waterfront Port of Liverpool Building, while it has another 20 offices across the UK including in Bristol, Cheltenham, Birmingham, Leeds, Manchester and Newcastle.

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Rae Maile of Panmure Liberum observed that there is a “quiet revolution underway”, but cautioned that the wealth manager must stay committed to nurturing client relationships and strengthening capital efficiency.

He said: “Rathbones enjoys strong client relationships, but it must seek to grow new ones as well as managing more effectively inherent redemption activity. “.

“It will seek to do this through clearer definition of and enhancement to its investment capabilities, further penetrating its financial planning and advice capabilities.

“The intention is to simplify the operating model, removing internal frictions and barriers to decision-making and activity, but also to develop further its capital efficiency.”

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Group finance director, Iain Hooley, further noted that rather than concentrating on securing a place in the FTSE 100 in its pursuit of market leadership, the firm is instead focusing its efforts on attracting older clients. Hooley stated: “The opportunity in the wider market with the ageing population, growing levels of wealth…the intergenerational transfer of wealth that’s going to happen, all of these things are definitely playing right into our space.”

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