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Rhythm Pharmaceuticals, Inc. (RYTM) Discusses FDA Approval of IMCIVREE for Acquired Hypothalamic Obesity Transcript

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

Rhythm Pharmaceuticals, Inc. (RYTM) Discusses FDA Approval of IMCIVREE for Acquired Hypothalamic Obesity March 19, 2026 7:00 PM EDT

Company Participants

David Connolly – Head of Investor Relations & Corporate Communications
David Meeker – Chairman, President & CEO
Jennifer Chien – Executive VP & Head of North America
Alicia Fiscus – Senior VP & Head of Global Regulatory Affairs

Conference Call Participants

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Simone Nasroodin – Wells Fargo Securities, LLC, Research Division
Tazeen Ahmad – BofA Securities, Research Division
Rohit Bhasin – Morgan Stanley, Research Division
Corinne Jenkins – Goldman Sachs Group, Inc., Research Division
Samantha Semenkow – Citigroup Inc., Research Division
Jonathan Wolleben – Citizens JMP Securities, LLC, Research Division
Brian Conley – Leerink Partners LLC, Research Division
Ellen Horste – TD Cowen, Research Division
Boran Wang – Guggenheim Securities, LLC, Research Division
Anthea Li – Jefferies LLC, Research Division
Lisa Walter – RBC Capital Markets, Research Division
Julian Pino – Stifel, Nicolaus & Company, Incorporated, Research Division

Presentation

Operator

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Good day, and thank you for standing by. Welcome to the Rhythm Pharmaceuticals Conference Call. [Operator Instructions]

Please be advised that today’s conference is being recorded. I would now like to hand the conference over to your first speaker today, David Connolly, Investor Relations. Please go ahead.

David Connolly
Head of Investor Relations & Corporate Communications

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Thank you, Marvin. This evening, we issued a press release announcing FDA approval of IMCIVREE for patients with acquired hypothalamic obesity. You can access the press release as well as the slides that we will be reviewing tonight by going to the Investors section on our website. Listed on Slide 3 are the speakers for tonight’s call. David Meeker, Chair, President and Chief Executive Officer of Rhythm; Jennifer Lee, Executive Vice President, Head of North America; and Hunter Smith, our Chief Financial Officer; and Alicia Fiscus, our Senior Vice President, Head of Global Regulatory Affairs, are also on the line to answer questions.

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We need a plan to revive and renew struggling universities in Wales

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For too long Welsh higher education has behaved as though the market around it has not fundamentally changed,

The Owain Glyndwr statue in Corwen

The Owain Glyndwr statue in Corwen .(Image: Ian Cooper )

I was the first in my family to go to university, but I was not the first to understand what education could mean.

My great-grandfather, a quarryman in Gwynedd, was among those who gave what little they could to help establish the University College of North Wales in Bangor in the nineteenth century. Those contributions mattered because they came from people who had very little but believed higher education was worth building for future generations.

That is why the crisis now facing Welsh universities is important, as this is not simply a story about deficits, redundancies and falling student numbers. It is about whether Wales is prepared to let one of its most important national assets drift into decline.

For too long, Welsh higher education has behaved as though the market around it has not fundamentally changed, but students are now more mobile, more selective and more exposed to a competitive UK-wide system than ever before. Welsh universities are not mainly competing with each other, they are competing with powerful English institutions, major city brands and a student market that is making harder judgments about value, employability and experience.

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READ MORE: Anglesey Freeport receives £25m of seed funding for projectsREAD MORE: Swansea Civic Centre regeneration plans secures £20m funding boost

Yet Wales has never developed a convincing answer to that challenge, and “Study in Wales” should have become a serious national proposition, built around quality, affordability, community and opportunity. Instead, it has too often felt like a slogan rather than a strategy, and too many institutions have looked and sounded alike, chasing similar students with similar offers.

The deeper problem is not simply that some Welsh students leave Wales, it is that the system has become increasingly dependent on students from elsewhere while the number of Welsh-domiciled students staying in Wales has fallen. That leaves universities more exposed to changes in markets they cannot control.

That vulnerability is clearest in the finances and across the sector – deficits have widened, staff cuts have deepened, and fragility has become impossible to ignore. This is not the problem of a single badly managed institution, and while Welsh universities operate in a difficult UK environment, many also lack the scale and resilience of larger competitors elsewhere.

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International students are not the problem as they bring enormous academic, cultural and economic value. The problem is overdependence, and when international recruitment becomes the key support holding up an institution, rather than one part of a balanced model, the risks become obvious.

But this is not just about money, it is also about people. The loss of hundreds of posts across the Welsh university sector is not merely a spreadsheet adjustment. It is the loss of expertise, loyalty and institutional memory. More troubling still is how many staff seem to have been treated during restructuring, and too often, one hears the same themes: poor communication, shallow consultation and a lack of dignity. Universities are meant to embody learning, public service and opportunity, and if they begin treating their own people as disposable, they corrode the values they claim to uphold.

That brings us to governance as good governance is not about committees and paperwork. It is about asking difficult questions early enough to matter. Is student demand really there? Is the subject mix sustainable? Is the capital programme affordable? Is the institution genuinely clear about its mission? Too often in Wales, those questions do not appear to have been asked hard enough.

But the Welsh Government must also confront its own role as universities have too often been treated in Cardiff Bay as a financial pressure to be contained rather than as part of Wales’s productive infrastructure. In policy terms, higher education has been repeatedly downplayed, expected to absorb financial pressures while ministers avoid confronting the scale of the challenge.

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That is a serious mistake because universities matter well beyond their campuses. They train nurses, teachers, engineers, entrepreneurs, and public servants on whom Wales relies. They support local jobs, sustain city and town centre economies, attract investment, and help keep talented young people in the country. They are not just education providers but are anchor institutions in the true sense, and if universities weaken, the damage impacts local economies, public services, and national confidence.

The same is true of research, and for too long, Wales has failed to secure anything like its fair share of UK research funding. That matters because research is not an optional extra, it is central to long-term economic growth, innovation and national capacity. If Wales continues to receive far too small a share of UK research and development funding while other parts of the country pull further ahead, we should not be surprised when the gap widens in productivity, commercialisation and high-value employment.

This is not just a university problem but a national economic problem, and every extra pound of research funding helps build laboratories, support skilled jobs, develop new technologies, attract private investment and create spin-out businesses. When Wales loses out, the whole country loses out, and a nation that does not fight for its fair share of research funding is quietly accepting a smaller future.

The good news is that Wales still has outstanding staff, talented students and institutions of real importance, but strengths alone are not enough. Without honesty, reform and a much clearer sense of national purpose, the sector will simply continue to lurch from one crisis to the next.

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And in truth, this is not a new aspiration.

More than six centuries ago, when Owain Glyndwr outlined his vision for an independent Wales in the Pennal Letter of 1406, establishing two universities, one in the north and one in the south, was among his chief priorities. He understood then what we must remember now namely that higher education is not secondary to Wales but is central to its future.

The task, then, is not merely to save universities, but to renew and revitalise the higher education system that remains vital to our country’s future. That is the challenge, and that is the opportunity.

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Ex-CEO Bronwyn Barnes accuses Ivanhoe Atlantic of illegal laptop seize

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Ex-CEO Bronwyn Barnes accuses Ivanhoe Atlantic of illegal laptop seize

Perth-based executive Bronwyn Barnes has accused Ivanhoe Atlantic of seizing a laptop containing her records, as proceedings against her former employer continue in court.

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Allspring Absolute Return Fund Q4 2025 Commentary (WARAX)

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Allspring Absolute Return Fund Q4 2025 Commentary (WARAX)

Red ladder and stack coin on wooden table with white wall background copy space.

Pla2na/iStock via Getty Images

GENERAL FUND INFORMATION

Ticker: WABIX

Portfolio managers:

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Petros Bocray, CFA®, FRM;

Matthias Scheiber, CFA®, Ph.D.;

Rushabh Amin;

and David Kowalske, Jr.

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Subadvisor: Allspring Global Investments, LLC

Category: Tactical allocation

FUND STRATEGY

  • Invests in affiliated mutual
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H.C. Wainwright reiterates Intellicheck stock rating on revenue beat

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H.C. Wainwright reiterates Intellicheck stock rating on revenue beat

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Stephens raises FedEx stock price target to $435 on strong yields

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Stephens raises FedEx stock price target to $435 on strong yields

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The Retirement System Is Breaking – 8 Risks Most Investors Still Ignore

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The Retirement System Is Breaking - 8 Risks Most Investors Still Ignore

This article was written by

Leo Nelissen is a long-term investor and macro-focused strategist with a passion for dividend growth, high-quality compounders, and structural investment themes. He combines big-picture macro analysis with bottom-up stock research to identify durable businesses with strong cash-flow potential. Leo also writes for Main Street Alpha, where he publishes deeper-dive research and actionable investment ideas for long-term investors.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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Columbus McKinnon Corporation (CMCO) Presents at Sidoti March Small-Cap Virtual Conference – Slideshow

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

Columbus McKinnon Corporation (CMCO) Presents at Sidoti March Small-Cap Virtual Conference – Slideshow

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Eternal shares jump 3% from lows as Zomato hikes platform fee by Rs 2.4 per order

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Eternal shares jump 3% from lows as Zomato hikes platform fee by Rs 2.4 per order
Eternal shares on Friday rose 3% from the day’s low of Rs 230.10 on the NSE to scale the day’s high of Rs 236.70 after its food delivery platform Zomato increased the platform fee by Rs 2.40 per order. The stock witnessed strong investor response with over 5.5 crore shares getting traded on the exchange. The traded value of the shares stood at Rs 1,293 crore.

The stock finally ended at Rs 232.41, up by Rs 3.67 or 1.60% over the last closing price of Rs 228.74.

On a pre-GST basis, platform fee on Zomato is now Rs 14.90 per order from Rs 12.50 earlier, according to a news report by ET Tech. The last such hike was undertaken in September 2025, the report said. Zomato’s food delivery rival Swiggy is currently charging a fee of Rs 14.99 per order, including taxes. Typically, the two players follow each other in changing these levies.

The move comes at a time when urban mobility startup Rapido has launched its food delivery offering Ownly in Bengaluru, claiming that it will not charge any additional fees to customers or restaurants apart from a delivery charge.

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Eternal shares have seen significant correction, declining 30% in the past six months. It has underperformed Nifty and the BSE Sensex, which have declined 9% and 10%, respectively in the same period.


The stock is currently trading below its 50-day and 200-day simple moving averages (SMAs) of Rs 265 and Rs 291, respectively, according to Trendlyne data.
Also read | Nifty Bank logs 3rd-worst March fall since the global financial crisis. HDFC Bank, SBI among top culpritsEternal, which also operates quick commerce arm Blinkit, reported a 73% year-on-year (YoY) rise in consolidated net profit to Rs 102 crore. Revenue from operations surged 201% YoY to Rs 16,315 crore.

Revenue growth was mainly driven by an accounting shift to inventory ownership in quick commerce, where revenue now includes the full value of goods sold rather than just marketplace commission. According to Eternal, the like-for-like revenue growth during the quarter was 64% YoY.

Consolidated EBITDA increased 28% YoY to Rs 364 crore, while rising 63% QoQ.

For the food delivery business, adjusted revenue rose 26% YoY to Rs 2,413 crore. Net order value (NOV) increased 17% YoY, accelerating from 13.8% growth in the previous quarter. This marked the second consecutive quarter of NOV growth acceleration, following a trough of 13.1% in Q1FY26. Gross order value (GOV) growth for the third quarter stood at 21% YoY.

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Also read | 83% of BSE 500 stocks plunge up to 35% amid Mideast war. Do you own any?

(Disclaimer: The recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times.)

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Mark My Words March 20 2026

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Mark My Words March 20 2026

Sam Jones and Tom Zaunmayr discuss fuel furor, mining moves, property purchases and other big stories of the week.

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QatarEnergy declares force majeure after Iran strikes on Ras Laffan facility

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QatarEnergy declares force majeure after Iran strikes on Ras Laffan facility

Iranian strikes have cut about 17% of Doha’s liquefied natural gas (LNG) export capacity, QatarEnergy’s CEO told Reuters in an interview on Thursday.

Saad al-Kaabi said the disruption could result in an estimated $20 billion in lost annual revenue and threaten supplies to Europe and Asia.

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The CEO of the state-owned energy company, who is also Qatar’s minister of state for energy affairs, told Reuters that damage to two LNG trains and one of its two gas-to-liquids facilities will sideline roughly 12.8 million tons per year of output for three to five years.

“I never in my wildest dreams would have thought that Qatar would be — Qatar and the region — in such an attack, especially from a brotherly Muslim country in the month of Ramadan, attacking us in this way,” said al-Kaabi.

IRAN HOLDS WORLD ENERGY HOSTAGE WITH ‘NIGHTMARE’ STRAIT OF HORMUZ SEA MINES, FORMER CENTCOM OFFICIAL WARNS

Qatar’s energy minister addresses an international conference on liquefied natural gas in Doha.

Saad Sherida Al-Kaabi, Qatar’s minister of state for energy affairs and CEO of QatarEnergy, speaks during the LNG2026 conference at the Qatar National Convention Centre in Doha on Feb. 2, 2026. (Noushad Variyattiyakkal/SOPA Images/LightRocket via Getty Images / Getty Images)

The attacks came after Iran targeted Gulf energy infrastructure in retaliation for an Israeli strike on its South Pars gas field on Wednesday.

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QatarEnergy said in several posts on X that missile and rocket attacks on its facilities at Ras Laffan Industrial City caused fires and extensive damage but no casualties.

Qatar is one of the world’s largest LNG exporters, accounting for nearly 20% of global supply, according to the U.S. Energy Information Administration.

IRAN WARNS EUROPEAN COUNTRIES WILL BE ‘LEGITIMATE TARGETS’ IF THEY JOIN CONFLICT

Industrial gas processing facilities and storage infrastructure at a major Qatari energy complex.

Qatar Energy facilities in Mesaieed Industrial City, south of Doha, on March 4, 2026, after the company announced a shutdown of LNG production following reported Iranian attacks on energy installations. (Stringer/Getty / Getty Images)

President Donald Trump said on his Truth Social platform that Israel would halt further strikes on Iran’s South Pars gas field unless Tehran escalates, warning that the United States could respond with overwhelming force if Qatar’s LNG facilities are targeted again.

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“The United States of America, with or without the help or consent of Israel, will massively blow up the entirety of the South Pars Gas Field at an amount of strength and power that Iran has never seen or witnessed before,” Trump wrote. “I do not want to authorize this level of violence and destruction because of the long term implications that it will have on the future of Iran, but if Qatar’s LNG is again attacked, I will not hesitate to do so.”

Al-Kaabi told Reuters QatarEnergy declared force majeure on its entire LNG output following the attacks on Ras Laffan, allowing it to suspend deliveries due to the damage.

“For production to restart, first we need hostilities to cease,” he said.

Qatari energy executive attends a regional petroleum organization meeting in Kuwait City.

Saad Sherida Al-Kaabi, president and CEO of Qatar Petroleum and chairman of Qatar Gas, attends the 109th meeting of the Organization of Arab Petroleum Exporting Countries in Kuwait City on Dec. 12, 2022. (Yasser Al-Zayyat/AFP via Getty Images / Getty Images)

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He also explained that the state-owned company will have to declare force majeure on long-term contracts for up to five years covering supplies to Italy, Belgium, South Korea and China due to damage to the two LNG trains.

“If Israel attacked Iran, it’s between Iran and Israel. It has nothing to do with us and the region,” al-Kaabi told Reuters. “And so now, in addition to that, I’m saying that everybody in the world, whether it’s Israel, whether it’s the U.S., whether it’s any other country, everybody should stay away from oil and gas facilities.”

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