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Jubilee Metals Group PLC (JUBPF) Discusses Molefe Mine’s Role in Zambia Copper Strategy and Operational Progress Transcript

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

Cath Drummond

Good afternoon, and welcome to the Jubilee Metals Group plc Investor Presentation. [Operator Instructions] The company may not be in a position to answer every question received during the meeting itself. However, the company can review all questions submitted today and publish responses it [indiscernible] . Before we begin, I’d like to submit the following poll. I’d now like to hand you over to Leon Coetzer, CEO. Good afternoon, sir.

Leon Coetzer
CEO & Executive Director

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Good afternoon, and thank you for the introduction, and welcome to everybody that’s logged in. It’s been a while since I personally presented and looking forward to today’s discussion.

Today’s focus, which is, of course, this Molefe Mine production area is one of many focused presentations we’ll be scheduling throughout the course of this year, targeting specific operational areas and giving more clarity, color and insight into what we as Jubilee are currently implementing, rolling out and implementing in our Zambian copper strategy. So without further ado, we’ll jump straight into the presentation. And maybe just before we kick off the presentation, just a quick step back for — especially for everybody’s understanding of where Molefe fits into the larger Jubilee strategy.

We’ve published before what we call our 3 business pillared strategy in Zambia, our first pillar, which resembles some of the successes we had in our South African operation we sold in December, which is all about buying in third-party material, processing that third-party material and turning it into copper. It’s a business model that relies on our own processing capability, which we’re quite renowned for. It is

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Flagstar Bank, National Association (FLG) Presents at Morgan Stanley US Financials Conference 2026 Transcript

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

Flagstar Bank, National Association (FLG) Morgan Stanley US Financials Conference 2026 June 10, 2026 3:15 PM EDT

Company Participants

Joseph Otting – CEO & Executive Chairman
Richard Raffetto – Chief Banking Officer, Co-President & Co-COO
Lee Smith – CFO, Co-President & Co-COO

Conference Call Participants

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Manan Gosalia – Morgan Stanley, Research Division

Presentation

Manan Gosalia
Morgan Stanley, Research Division

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Okay. Up next, we have Flagstar Bank. We’re delighted to have with us today Joseph Otting, Chairman and CEO; Lee Smith, Co-President, Co-COO and CFO; and Rich Raffetto, Co-President, Co-COO and Chief Banking Officer. Thanks so much for joining us.

Joseph Otting
CEO & Executive Chairman

Thank you very much. Honor to be here.

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Question-and-Answer Session

Manan Gosalia
Morgan Stanley, Research Division

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So Joseph, Rich and Lee, I want to extend my congratulations to all of you. Joseph, the Board recently announced for those that don’t know in the room, a 1-year extension of your contract through March 2028. That’s a strong vote of confidence in your leadership. And Rich and Lee, you’re also now serving as Co-Presidents and Co-COOs in addition to your current role. So congratulations to all of you. Joseph, I guess the question for you is, would love to get your thoughts on the new leadership structure and what this means for Flagstar.

Joseph Otting
CEO & Executive Chairman

Yes. I think it’s a natural progression of our company. As we came to the organization in March of 2024, we’ve assembled a relatively new management team from people throughout both the banking industry and the Office of the Comptroller of the Currency with my background there. And Rich was one of the people that we recruited to come in and run a big part of our banking operations. Lee was already there running really the most significant and important parts of the Flagstar organization.

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UK property market remains fragile and landlords curb rentals

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UK property market remains fragile and landlords curb rentals


UK property market remains fragile and landlords curb rentals

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The furious dispute over what caused Air India flight 171 to crash

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The furious dispute over what caused Air India flight 171 to crash

The final conclusions of the investigation have yet to be published, although more could become apparent in the coming days.

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US charges suspected Russian hacker with facilitating cyber campaign

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US charges suspected Russian hacker with facilitating cyber campaign


US charges suspected Russian hacker with facilitating cyber campaign

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Oracle Q4 Earnings: The AI Bill Arrives (Rating Downgrade)

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Oracle Stock: A Trade-Off Between Growth And Quality (NYSE:ORCL)

Oracle Q4 Earnings: The AI Bill Arrives (Rating Downgrade)

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Australia Opens Group D Against Turkiye on June 14

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SYDNEY — The Australian Socceroos will kick off their 2026 FIFA World Cup campaign on Sunday, June 14, facing Turkiye in Vancouver as part of a challenging Group D that also includes co-host United States and Paraguay. The tournament, co-hosted by the United States, Mexico and Canada, marks Australia’s sixth consecutive appearance on the global stage and offers the team an opportunity to advance beyond the group stage for the first time since 2006.

Australia’s full group schedule features three matches spread across West Coast venues, providing fans with a mix of manageable time zones and high-stakes encounters. The Socceroos, ranked outside the top 20 in recent FIFA listings, enter as competitive underdogs in a pool featuring strong European, North American and South American representation.

Full Group Stage Schedule (Australian Eastern Standard Time)

  • June 14, 2026: Australia vs Turkiye, 2:00 p.m. AEST, BC Place, Vancouver. This opening fixture gives the Socceroos an early chance to secure points against a physically strong Turkiye side that advanced through the UEFA playoffs.
  • June 20, 2026: United States vs Australia, 5:00 a.m. AEST, Lumen Field, Seattle. A midday local start in Seattle translates to an early morning game back home, pitting the Socceroos against motivated co-hosts eager to impress on home soil.
  • June 26, 2026: Paraguay vs Australia, 12:00 p.m. AEST, Levi’s Stadium, Santa Clara (San Francisco Bay Area). The final group match offers Australia the chance to qualify for the round of 32, facing a technically gifted Paraguayan side known for defensive organization.

All three venues are modern, world-class stadiums capable of hosting passionate crowds. BC Place and Lumen Field provide atmospheric settings, while Levi’s Stadium offers excellent facilities for the decisive third match.

Group D Outlook and Qualification Path

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Group D presents a balanced but demanding challenge. Turkiye brings European intensity and set-piece threat. The United States benefits from home advantage and passionate support across multiple venues. Paraguay adds South American flair and tactical discipline. Australia must collect at least four points, and likely six, to have a strong chance of progressing as one of the top two teams or among the best third-placed sides in the expanded 48-team format.

Coach Graham Arnold has emphasized preparation and squad depth. The Socceroos feature a mix of European-based stars such as Mathew Ryan, Harry Souttar and Jackson Irvine alongside domestic talents. Recent friendlies have shown improved cohesion, though consistency against top opposition remains a key area for growth.

Strategic Considerations for Australia

Success in Group D will require strong defensive structure and clinical finishing on the counter. Australia has historically performed well in open, high-tempo matches but must improve against organized mid-tier nations. Key players like Jackson Irvine in midfield and forwards such as Mitchell Duke or Kusini Yengi will need to step up in attack.

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The travel across time zones and venues tests squad management. The Socceroos benefit from relatively short flights between Canadian and U.S. West Coast cities compared to teams spanning the full host territory. Recovery between matches and adapting to local conditions will be crucial.

Broader Tournament Context

The 2026 World Cup’s expanded format gives more teams a realistic path to the knockout stages, with 32 advancing overall. Australia aims to emulate its 2006 run or better, potentially reaching the round of 16 or further. Strong performances could boost domestic football development and inspire the next generation of players.

Fan support is expected to be significant, with large Australian communities in Vancouver, Seattle and San Francisco likely creating pockets of green and gold in the stands. Broadcast coverage on SBS and other platforms will ensure widespread accessibility back home, with convenient viewing times for the opener.

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Historical Perspective and Expectations

Australia qualified convincingly through Asian qualifiers, demonstrating growth since their playoff heroics in previous cycles. The Socceroos have evolved into a more tactically flexible side under Arnold, capable of competing with stronger nations on their day.

Analysts view Group D as winnable but competitive. A positive result against Turkiye in the opener would set an ideal tone, while avoiding defeat against the United States could position Australia well heading into the final match. Paraguay represents a dangerous opponent capable of punishing defensive lapses.

Preparation and Key Storylines

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The national team has used recent camps and friendlies to fine-tune tactics and build fitness. Injury management and squad rotation will be vital given the tight turnaround between games. Off-field factors, including fan engagement and commercial opportunities, add to the tournament’s significance for Football Australia.

The Socceroos’ journey symbolizes Australia’s growing place in world football. A successful group stage exit or better would mark a milestone, enhancing the sport’s profile domestically and attracting greater investment.

Fan Guidance and Viewing Tips

Australian supporters should mark their calendars for the June 14 opener at 2 p.m. AEST. Subsequent games require early rising or strategic scheduling. Official FIFA and Socceroos apps provide live updates, while local pubs and fan zones will host watch parties across the country.

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Tickets for matches remain available through official channels, though demand is high for games involving co-hosts. Virtual attendance via streaming services offers an alternative for those unable to travel.

Looking Ahead

As the tournament approaches, anticipation builds for Australia’s campaign. The Socceroos carry national hopes into a landmark edition that celebrates football’s global reach. Strong performances in Group D could propel them into the knockout rounds and create lasting memories for players and fans alike.

The schedule offers a balanced mix of challenge and opportunity. With solid preparation and execution, Australia has every chance to make a deep run and write a new chapter in its World Cup history. The June 14 clash against Turkiye serves as the starting point for what promises to be an exciting summer of football for the Socceroos and their supporters.

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The expanded tournament format rewards consistency and adaptability. Australia’s ability to secure results across varied conditions and opponents will determine its fate. As the nation rallies behind the team, the focus remains on delivering competitive performances that honor the green and gold on the world stage.

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Five Star Bancorp promotes Cliff Cooper to EVP

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Count slows in Peru as presidency likely hinges on contested votes

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US CPI Inflation Surges to 4.2% in May, Highest Since 2023, as Energy Prices Climb

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FTSE 100 Surges 0.8% Today as Oil Eases and Markets

WASHINGTON — U.S. consumer prices accelerated in May, rising 4.2% from a year earlier in the sharpest annual gain since April 2023, as surging energy costs linked to geopolitical tensions in the Middle East pushed inflation higher than many households can comfortably absorb.

The Labor Department reported Wednesday that the Consumer Price Index increased 0.5% for the month, matching economists’ expectations. Energy prices alone jumped 3.9% in May and accounted for more than 60% of the overall monthly increase, highlighting how global events continue to ripple through American wallets at the gas pump and grocery store.

“Today’s CPI data confirmed our expectation that higher energy costs and their ripple effects on the costs of transportation and food would drive May headline CPI higher,” said Atsi Sheth, chief credit officer at Moody’s Ratings.

The report arrives more than three months into heightened conflict involving Iran, which has disrupted energy markets and contributed to volatile fuel prices. Food prices rose modestly by 0.2% in May, with declines in some categories like cheese offset by continued increases in coffee and other staples.

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Core Inflation and Underlying Pressures

Excluding volatile food and energy categories, core CPI rose 0.2% for the month and 2.9% year-over-year, in line with forecasts. While core measures remain closer to the Federal Reserve’s 2% target, the headline figure underscores persistent challenges in bringing overall inflation under control.

The data reinforces expectations that the Federal Reserve will hold interest rates steady at its June meeting. Policymakers have emphasized data-dependent decisions, and Wednesday’s report keeps inflation well above the central bank’s long-term goal. Wholesale price data due Thursday will provide additional context for Fed officials.

Impact on Workers and Households

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Rising prices are squeezing American families. Real average hourly earnings fell 0.1% in May, meaning wage gains failed to keep pace with inflation. Middle- and lower-income households are feeling the strain particularly acutely on essentials such as gas, electricity, food and medical care.

“Americans are getting squeezed financially,” Heather Long, chief economist at Navy Federal Credit Union, posted on X. “This isn’t just ‘bad vibes’ about the economy. There is real pain, especially for middle-class and lower-income households. It’s tough because so many basic items are seeing sizable price increases: gas, electricity, food, medical care.”

Auto insurance prices provided one bright spot, declining 1.7% from April, while hospital services rose 0.7%. Transportation costs overall climbed alongside energy, affecting everything from commuting to shipping goods.

Broader Economic Implications

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The inflation uptick complicates the economic narrative as the U.S. navigates a period of relative stability in growth and employment. Last week’s jobs report showed a labor market that remains broadly balanced, but persistent price pressures keep the Federal Reserve in a cautious stance.

Economists warn that sustained energy-driven inflation could delay rate cuts that many businesses and consumers have been anticipating. Higher borrowing costs continue to weigh on sectors like housing and consumer spending, even as corporate earnings in some areas remain resilient.

The 4.2% annual reading marks the highest since early 2023, when inflation was still cooling from post-pandemic peaks. Progress made over the past two years now faces headwinds from external shocks, particularly in global energy markets.

Sector Breakdown and Trends

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Energy remains the dominant driver, with gasoline and electricity costs climbing sharply. Food-at-home prices showed mixed movements, while shelter costs — a major component of CPI — continued their gradual moderation but still contribute significantly to the overall index.

Medical care and transportation services added upward pressure. Apparel and recreation categories were more stable, offering limited relief for household budgets already stretched by higher costs for necessities.

Analysts expect energy prices to remain volatile until greater certainty emerges in the Middle East. Any escalation or resolution in geopolitical tensions could quickly shift the inflation trajectory in coming months.

Federal Reserve and Policy Outlook

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Fed officials have repeatedly signaled patience, monitoring incoming data before adjusting policy. The current federal funds rate range leaves limited room for immediate easing, especially with inflation reaccelerating. Markets have pushed back expectations for rate cuts later in the year, reflecting the stickiness of price pressures.

The combination of solid employment and elevated inflation creates a delicate balancing act for policymakers. Strong job numbers reduce the urgency for cuts, while higher prices risk eroding consumer confidence and spending power.

Consumer and Business Perspectives

For American families, the latest CPI print translates into higher costs for daily life. Budgets for groceries, commuting and utilities are under renewed strain, particularly in regions heavily dependent on driving or heating and cooling.

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Businesses face their own challenges, with input costs rising and the ability to pass those along to consumers varying by industry. Some sectors report margin compression as price sensitivity limits pricing power.

Longer-term, sustained moderate inflation around 2% remains the goal. The current deviation highlights vulnerabilities in global supply chains and energy dependence, prompting calls for greater diversification and investment in domestic production.

Looking Ahead

June’s inflation data will be closely watched, along with retail sales and other indicators that paint a fuller picture of consumer health. The path of energy prices will likely remain the primary variable influencing headline CPI in the near term.

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Economists will continue debating whether the latest uptick represents a temporary blip or a more concerning trend. For now, the data reinforces a narrative of resilient but pressured economic growth, with inflation reemerging as a top concern for households, businesses and policymakers alike.

The May CPI report serves as a reminder of the complex interplay between global events and domestic price levels. As the Federal Reserve and other institutions analyze the numbers, American families continue navigating an environment where wage growth struggles to match the pace of rising costs. The coming months will test the economy’s ability to absorb these pressures while maintaining momentum.

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Pulse Biosciences, Inc. (PLSE) Presents at Goldman Sachs 47th Annual Global Healthcare Conference 2026 Transcript

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

Pulse Biosciences, Inc. (PLSE) Goldman Sachs 47th Annual Global Healthcare Conference 2026 June 10, 2026 10:00 AM EDT

Company Participants

Paul LaViolette – President, CEO & Co-Chairman of the Board

Presentation

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Unknown Analyst

We’ll go ahead and get started with our next presentation. Very pleased to have management team from Pulse Biosciences, Paul LaViolette, President, CEO and Chairman here today to talk about the business. I make this offer in every session. This is interactive. Happy to take questions from people in the audience. If you do have a question, just wave me and we’ll get you a mic. So it’s available to those participating via webcast.

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Question-and-Answer Session

Unknown Analyst

Maybe we just kind of start higher level. You’ve been at Pulse maybe 1.5 years or so. And give us a little bit of background, like what attracted you to the role? What did you see in the company? And how does this compare to kind of the bevy of other opportunities that you’ve seen across the?

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Paul LaViolette
President, CEO & Co-Chairman of the Board

Yes. Well, thank you, David. It’s great to be here. I think it compares really favorably to use your phrase to the bevy of opportunities. If I think about what attracted me — it’s not surprising, right, with what’s going on in the field of PFA in the last couple of years that PFA by definition, draws interest. But there are a lot of PFA companies. PFA is actually a relatively standard technology today. What drew me to this was the uniqueness of the form of energy, and we can talk about it in more detail, but it is a nanosecond. It’s a highly differentiated form of PFA. PFA has the potential to treat so many maladies because of its unique nonthermal ablation form. And I saw in this company a fantastic team, great backers, tremendous innovation, 250 patents, the potential to own a

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