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‘You Have My Word on That’

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Apple CEO Tim Cook in June 2024 announces plans to incorporate AI into Apple software and hardware
Apple CEO Tim Cook in June 2024 announces plans to incorporate AI into Apple software and hardware
AFP

Apple CEO Tim Cook has pledged that he will lobby Washington on immigration amidst widespread deportation fears in the United States.

This comes after he was criticised over a memo released following his attendance at the “Melania” premiere held at the White House. The premiere was held just hours after the killing of Alex Pretti in Minneapolis.

Tim Cook Makes Promise to Lobby Washington on Immigration

According to Bloomberg’s Mark Gurman, Cook acknowledged that Apple has “team members across the US on some form of Visa.”

“I’ve heard from some of you that don’t feel comfortable leaving your homes,” he said during the meeting. “No one should feel this way. No one.”

Cook went on to assure employees that they have his word when it comes to lobbying Washington on immigration.

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“For as long as I can remember, we have been a smarter, wiser, more innovative company because we’ve attracted the best and brightest from all corners of the world,” Cook told employees. “I am going to continue to lobby lawmakers on this issue. You have my word on that.”

Tim Cook’s Memo on Killing of Alex Pretti

As 9to5Mac’s report notes, the meeting comes after Cook was widely criticised for a memo he released following the shooting of Alex Pretti in Minneapolis.

“This is a time for deescalation,” he said in the memo. “I believe America is strongest when we live up to our highest ideals, when we treat everyone with dignity and respect no matter who they are or where they’re from, and when we embrace our shared humanity.”

Many have blasted Cook for the memo, which many say stopped short of criticising the US government for its immigration crackdown.

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Given this, the report points out that Cook’s comments at the meeting can be taken as damage control.

Only time will tell if he really is true to his word.

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Pilbara council director unfairly dismissed

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Pilbara council director unfairly dismissed

A former executive bureaucrat has been found to have been unfairly dismissed from a Pilbara local government by the state’s employment arbiter.

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US stocks erase sharp losses, while oil prices leap on worries about Iran war

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US stocks erase sharp losses, while oil prices leap on worries about Iran war

Oil prices leaped Monday on worries that war with Iran could clog the global flow of crude and make inflation even worse. U.S. stocks, meanwhile, swung from sharp losses to a tiny gain.

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US Stock Market | Wall Street ends narrowly mixed, trading volatile after air strikes on Iran

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US Stock Market | Wall Street ends narrowly mixed, trading volatile after air strikes on Iran
U.S. stocks finished steady on Monday, clawing back early losses during a volatile session after U.S. and Israeli air strikes on Iran roiled global markets.

Investors bought the dip with some enthusiasm and a strong bid emerged for AI-focused shares.

Gains in energy, tech and defense stocks offset losses in other sectors. The Dow Jones Industrial Average fell 0.15% to 48,904.78 points, while the S&P ‌500 gained 0.04% to ⁠6,881.60 points ⁠and the Nasdaq Composite gained 0.36%, to 22,748.86 points.

Investor confidence in U.S. markets, and optimism about productivity gains tied to artificial intelligence, offset worries about surging oil prices and geopolitical turmoil, said Alex Morris, CEO of F/m Investments.

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“The overall action in the Middle East does not have a tremendous impact on the average American stock the way we measure,” said Morris, noting the U.S. market’s heavy concentration in technology.


“I just don’t think the average market participant is that moved by the conflict until the price of oil gets to $100 a barrel, which would be an emotional trigger.”
Coordinated U.S. and Israeli strikes on Iran over the weekend killed Tehran’s Supreme Leader Ayatollah Ali Khamenei, and sent shockwaves through global markets. Oil prices jumped and most ⁠overseas stock ‌indexes closed lower. Bargain hunting emerged among U.S. investors after the early selloff, showing an expectation that the disruptions from the conflict will be limited.

“Market participants think this is all just temporary and that the problems in the oil patch will disappear,” ⁠said Bill Smead, founder and chairman of Smead Capital Management. The clash initially boosted defense shares and energy prices and pressured travel and interest-sensitive sectors. Later, investors ran to tech and weighed how long the Middle East conflict could run and what the conflict means for inflation and Federal Reserve policy.

Smead said investors were reverting to familiar, high-performing stocks like Nvidia, the Magnificent Seven technology stocks and defense sectors.

“When people get scared, they go back to what is comfortable,” he said.

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Nvidia gained 3% and Microsoft climbed 1.5%, recovering from sharp declines last month. The gains helped the S&P 500 and Nasdaq cut losses after both briefly hit two-week lows earlier in the session.

In Europe and Asia, stock markets sank under the weight of surging oil prices and war-driven uncertainty.

The French and German ‌stock markets fell more than 1%. Japan’s Nikkei 225 slid 1.73%, having plunged as much as 2% at the open. Energy companies, whose profits rise alongside oil prices, outperformed, while travel and airline stocks sank due to flight cancelations, higher jet-fuel costs and widespread Middle East airspace closures.

Delta and United Airlines fell ⁠more than 2% each, while crude-price-sensitive cruise stocks such as Carnival lost 7.6% and Norwegian Cruise fell over 10%. Several oil and gas facilities in the Middle East stopped production. U.S. crude prices settled up 6% at $71.23 a barrel after being up twice as much during the session. Brent settled at $77.74 per barrel, up 6.68%.

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Defense stocks also got a boost, with the main U.S. defense equity benchmark, the Dow Jones U.S. Defense Index, trading up. President Donald Trump also told CNN the “big wave” is yet to come, although some Middle Eastern countries were lobbying U.S. allies to persuade a swift end to the war. AES Corp fell 17.8% after a consortium led by BlackRock-owned Global Infrastructure Partners and private equity firm EQT AB agreed to acquire the utilities company for $33.4 billion at a discount to its last close.

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Cathie Wood’s ARK sells Veracyte stock, buys MercadoLibre

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Cathie Wood’s ARK sells Veracyte stock, buys MercadoLibre

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'All safe': Aussie troop base hit in Iran drone strikes

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'All safe': Aussie troop base hit in Iran drone strikes

A defence base in the UAE that’s home to Australian defence force members has been hit by Iranian drone strikes, as thousands of travellers remain stuck.

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Plug Power Inc. (PLUG) Q4 2025 Earnings Call Transcript

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

Plug Power Inc. (PLUG) Q4 2025 Earnings Call March 2, 2026 4:30 PM EST

Company Participants

Teal Vivacqua Hoyos – Director of Marketing Communications
Jose Luis Crespo
Paul Middleton – Executive VP, CAO & CFO

Conference Call Participants

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Colin Rusch – Oppenheimer & Co. Inc., Research Division
Craig Irwin – ROTH Capital Partners, LLC, Research Division
Luke Persons – Craig-Hallum Capital Group LLC, Research Division
Jason Tilchen – Canaccord Genuity Corp., Research Division
Christopher Dendrinos – RBC Capital Markets, Research Division
Sherif Elmaghrabi – BTIG, LLC, Research Division
Sameer Joshi – H.C. Wainwright & Co, LLC, Research Division
Christopher Senyek – Wolfe Research, LLC
Ameet Thakkar – BMO Capital Markets Equity Research

Presentation

Operator

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Greetings, and welcome to the Plug Power Q4 and Year-End 2025 Earnings Conference Call and Webcast. [Operator Instructions] As a reminder, this conference is being recorded.

It’s now my pleasure to turn the call over to Teal Hoyos, Vice President, Marketing and Communications. Please go ahead, Teal.

Teal Vivacqua Hoyos
Director of Marketing Communications

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Thank you. Welcome to the 2025 Fourth Quarter Earnings Call. This call will include forward-looking statements. These forward-looking statements contain projections of our future results of operations, of our financial position or other forward-looking information. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934.

We believe that it is important to communicate our future expectations to investors. However, investors are cautioned not to unduly rely on forward-looking statements, and such statements should not be read or understood as a guarantee of future performance or results. Such statements are subject to risks and uncertainties that could cause actual results, or performance, to differ materially from those discussed as a result of various factors, including, but not limited to, risks and uncertainties discussed under

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Capacity expansion, new launches to support Navin Fluorine’s growth

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Capacity expansion, new launches to support Navin Fluorine's growth
ET Intelligence Group: Shares of Navin Fluorine International (NFI) have risen 10% over the past three months including nearly 7% increase in the past month.

The optimism is driven by newly commissioned capacities, a strengthening specialty-chemicals pipeline and planned expansion of production facilities.

The management has guided for a strong operating margin before depreciation and amortisation (EBITDA margin) outlook for the current financial year.

The company’s business related to Contract Development and Manufacturing Organisation (CDMO), which contributed 14% to revenue in the December 2025 quarter, has been growing faster than its other verticals.

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The CDMO division is expected to stay on growth track given the capacity addition. The recent commissioning of its cGMP-4 (current Good Manufacturing Practice) facility provides CDMO revenue visibility for nearly three years.

Screenshot 2026-03-03 055452Agencies

The other vertical of specialty chemicals, which accounted for 40% of the December quarter revenue, has also shown traction.
As part of its expansion in this segment, NFI is in the process of constructing a facility to produce immersion cooling fluids in partnership with the US based Chemours. The project remains on track for completion in the first quarter of FY27 and is expected to enhance the company’s position in the global fluorochemical value chain.

Capacity expansion projects across other sites are also underway. The company is debottlenecking its multipurpose plant, which manufactures a range of specialty and agrochemical intermediates, at Dahej in Gujarat to increase throughput. This project is scheduled for commissioning in December quarter of FY27.

NFI is also scaling up its R-32 (one of the widely used hydrofluorocarbons refrigerants) capacity by 15,000 MTPA under its broader hydro fluorocarbons expansion programme, with completion targeted for the December 2026 quarter.

These investments are designed to meet rising domestic and export demand by catering to new applications and emerging regulatory shifts in the refrigerants market.

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The company expects EBITDA margin to hold around the 30% level, supported by operating leverage from new assets, better realisations from higher value products, and the gradual ramp up of recently commissioned facilities. JM Financial Institutional Securities has raised the FY26-28E EBITDA estimates by 18-21% and EPS estimates by 18-24%.

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Thailand positions as a powerhouse to lead Global Exhibition Economy Growth

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Tracy Brabin leads West Yorkshire trade mission to Switzerland and Germany

The Thailand Convention and Exhibition Bureau (TCEB) recently unveiled a bold strategic expansion to position Bangkok as a premier leader in the global exhibition economy.

By harmonising world-class infrastructure with exceptional service and sustainable governance, Thailand is evolving its portfolio to become a global hub for design and the creative economy. This shift signals the nation’s ambition to move beyond traditional trade, leading the next chapter of high-value, idea-driven international exhibitions.

Thailand already ranks among Asia’s leading exhibition destinations, hosting 509 domestic and international exhibitions in 2025, welcoming 23.6 million exhibition participants, and generating approximately USD 2.9 billion in exhibition-related revenue. With the largest exhibition venue capacity in ASEAN and the fourth largest in Asia, Thailand combines scale with service excellence, hospitality, and strong government support.

TCEB’s strategy builds on these strengths – combining physical infrastructure with robust market capabilities and expanding opportunities across both mature and emerging industries, supported by a network of dedicated government agencies, international buyer groups and private sectors to provide direct coordination and streamlined facilitation. By leveraging these multifaceted advantages and with soft capabilities e.g. talent, sustainability and hospitality, the bureau is executing a strategic expansion to attract “New Profiles” to attract higher-value events. This cohesive ecosystem ensures that Thailand not only captures current market demand but also cultivates potential high-growth sectors. By positioning Bangkok as a global design exhibition hub, TCEB aims this initiative to transition the country from a host destination into a global thought leader, spearheading a new era of high-impact, intellectual exhibitions.

Speaking in London at their January press event, TCEB outlined how design and creativity have emerged as Thailand’s next strategic growth engine, building on the country’s established leadership in international exhibitions across sectors such as advanced industrial innovation, energy transition and future food.

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“Exhibitions have long been powerful economic drivers. What we are doing now is evolving their purpose,” said Dr. Supawan “Creativity gives products higher value added, allowing us to move beyond transactions toward value creation with exchange of ideas, talent, intellectual property, and new possibilities. This is where the future of the global exhibition economy is heading.”

Thailand’s creative economy is currently valued at over USD 44.5 billion, contributing more than 8% of national GDP, with design sitting at the heart of a fast-growing, globally connected value chain. TCEB sees exhibitions as a strategic tool to unlock this potential – connecting Thai designers and creative enterprises with international markets, investors, brands, and cities.

Bangkok’s inclusion in the UNESCO Creative Cities Network as a City of Design, combined with its cultural diversity, creative talent, and world-class infrastructure, positions the city as a natural meeting point for global design dialogue.

“Bangkok’s strength lies in its diversity,” Supawan added. “It is complex and simple at the same time. That tension creates unexpected creativity – and that is exactly what the global design community is searching for.”

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At the centre of this vision is THE WORLD ENDS: Bangkok International Design Expo 2026, a landmark pilot initiative designed to reframe the role of exhibitions – from transactional trade platforms to engines of creativity, intellectual exchange, and long-term economic value creation.

Planned for November 2026, THE WORLD ENDS will act as a strategic testbed for a new type of international design exhibition – one that is experiential, transdisciplinary, and commercially meaningful.

Rather than focusing solely on showcasing work, the event is designed to spark global conversations around the future of design, cities, culture, and business. Designers, architects, brands, cultural institutions, and city representatives will come together to exchange ideas, present new thinking, and co-create future agendas.

The project is intended to lay the foundations for a full-scale flagship international design exhibition in Bangkok in the coming years – comparable in global influence to platforms such as Milan Design Week or Maison & Objet but rooted in Asia’s cultural and economic context.

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The initiative supports long-term economic growth, strengthens Thailand’s global brand, and nurtures a connected ecosystem of designers, entrepreneurs, investors, and creative professionals – while also encouraging new travel profiles such as “bleisure” visitors who stay longer and engage more deeply with the city.

“This is not only about showcasing Thai design,” Dr. Supawan concluded. “It is about positioning Thailand as a platform where global design conversations begin – and where the future is created, not predicted.”

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Trump to speak at White House Correspondents’ dinner he once shunned

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Trump to speak at White House Correspondents’ dinner he once shunned


Trump to speak at White House Correspondents’ dinner he once shunned

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Leading with Discipline and Drive

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Leading with Discipline and Drive

What does it take to lead in two very different industries — automotive operations and golf management — and succeed in both?

For Don Carlos Lee Gibson Jr., the answer is simple: structure, discipline, and people-first leadership.

“I’ve always believed leadership starts with responsibility,” Don says. “If you take care of your people and your systems, the results follow.”

His career tells that story.

Early Life and Education: Where Discipline Began

Don’s foundation started at home.

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His mother, Linda Bradshaw, was a multi-sport athlete at Sullivan South High School. She played baseball, basketball, and ran track. Her work ethic shaped his mindset early on.

“I grew up watching my mom compete,” Don says. “She showed me that effort matters. You show up. You work. You don’t quit.”

Don graduated from Sullivan South High School and later earned a Bachelor of Science in Business Management from Virginia College. But business was only part of his plan.

Golf was the other.

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He attended the Golf Academy of America and earned two associate degrees — one in Golf Operations and Turf Management, and another in Teaching and Player Development.

“I didn’t just want to play golf,” he says. “I wanted to understand the business behind it.”

That decision would shape the next phase of his career.

Military Intelligence Analyst: Learning to Think Strategically

Before stepping fully into business leadership, Don served as a Military Intelligence Analyst in the United States Army.

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The experience sharpened his analytical thinking.

“In the Army, you learn how to assess risk fast,” he explains. “You look at the data. You look at the environment. Then you make a decision and stand by it.”

That mindset still guides him today.

Military intelligence taught him structure. It taught him how to operate under pressure. It also taught him accountability.

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“You don’t guess,” he says. “You prepare.”

Golf Management Career: From Head Pro to Operations Leader

Don’s early career in golf blended teaching with leadership.

He served as General Manager and Head Golf Professional at the Golf Club of South Carolina at Crickentree. He also worked as Senior Director of Operations, Resort Operations Manager, and Head Pro with National Golf Management Group.

These were not small roles. They required oversight of staff, budgets, player development programs, and daily operations.

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“Golf is a service business,” Don says. “You’re managing expectations every single day.”

He focused on player development while keeping operations tight. He looked at scheduling, staffing, and cost control. He paid attention to turf management and customer experience.

“When you run a club, every detail matters,” he explains. “From the condition of the greens to how your team greets guests.”

His leadership style was direct. Clear systems. Clear standards.

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“If your team knows the goal, they can execute,” he says

Automotive Leadership: General Manager at Marietta Motors

Today, Don serves as General Manager at Marietta Motors and Westfall Towing.

The industry is different. The leadership principles are not.

Automotive operations require financial oversight, contract negotiation, risk assessment, and team leadership. It’s fast-paced and detail-driven.

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“In automotive, margins matter,” Don says. “You have to know your numbers. You have to control your processes.”

He approaches the business the same way he approached golf operations — with structure and accountability.

He focuses on operational efficiency. He strengthens vendor relationships. He builds internal systems that reduce waste and improve response time.

“Every dollar has a job,” he says. “If you don’t manage it, it manages you.”

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His OSHA 30 certification and FEMA Disaster and Recovery certification add another layer to his leadership. Safety and preparedness are not afterthoughts.

“You can’t run a strong operation without planning for risk,” he says

What Makes an Effective Director of Golf or General Manager?

Across industries, Don Carlos Lee Gibson, Jr. sees patterns.

Whether leading a country club or an automotive operation, he believes strong management comes down to three things: clarity, discipline, and mentorship.

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“People want direction,” he says. “They want to know what winning looks like.”

He also believes in developing others. His work with the First Tee Golf Program reflects that mindset. He has served as an advisor and instructor, helping young players grow in both skill and character.

“Golf teaches integrity,” Don says. “You call penalties on yourself. That matters in business too.”

Community Involvement and Faith-Based Leadership

Don’s leadership extends beyond business.

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He volunteers with Celebrate Recovery. He mentors through the TCC Drug Mentor Program. He serves as an advisor and instructor for the Foundation of Christian Faith at Elkton Prison. He also volunteers as a prayer pastor with KLOVE Radio.

“Leadership doesn’t stop at the office,” he says. “If you have knowledge, you share it.”

His faith and church involvement remain central to his life. Singing and golf are personal passions. Service is a priority.

“You measure success by impact,” he explains. “Titles change. Influence lasts.”

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The Common Thread: Structured Leadership

From military intelligence to golf management to automotive operations, Don Carlos Lee Gibson Jr.’s career follows a clear path.

He studies systems.
He builds teams.
He manages risk.
He executes.

“I’m not the loudest person in the room,” he says. “I just believe in doing the work.”

In industries where details drive results, that mindset has defined his leadership journey.

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And if there’s one lesson that connects every chapter of his career, it’s this:

“Discipline creates freedom,” Don says. “When your foundation is strong, growth becomes possible.

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