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Fed Chair Powell: We are in a good place to respond to significant economic developments
CNBC Television· 2025-06-18 19:22
Um, your friend down at 1600 Pennsylvania Avenue continues to lob insults in your direction. And I'm wondering given now that the Supreme Court has maybe carved out the Fed from uh some of the legal implications of that whether this is just noise that the markets and everybody should ignore until your term is up or whether you worry that it could lead to more pressure on confidence on Wall Street on consumers about the uh outlook for the economy. Look I from my standpoint it's it's not complicated.What ever ...
The rise of second-tier cities in India | Aditya Prakash | TEDxAIIMSBhubaneswar
TEDx Talks· 2025-06-12 15:46
[Music] Hello everyone. Sorry I'm a little bit loud. I'll just quickly jump into what I want to say as I have a flight to catch in a little bit.When I was 22 years old, I launched Bhuvaneshwar's largest residential project till date. Many people came to me and they told me that my ambitions might lead me astray. They said that Bhneshwar doesn't have the appetite for such high quality real estate.And on top of that, I launched this project in March 2020 during the peak of the pandemic. Despite all odds, we s ...
Toppoint Holdings Signs Potentially Transformative MOU with the Municipalidad Distrital de Chancay, Peru to Develop Sustainable Waste Management System
Globenewswire· 2025-06-11 13:00
Core Insights - Toppoint Holdings Inc. has signed a Memorandum of Understanding (MOU) with the Municipalidad Distrital de Chancay, Peru, to develop a sustainable waste management system in response to the increasing waste generation due to the construction of the Chancay Mega Port [1][2][3] - The partnership aims to address the challenges posed by Construction and Demolition (C&D) waste and Industrial Commercial Waste while promoting environmentally responsible practices and long-term economic sustainability [2][3] Company Overview - Toppoint Holdings Inc. specializes in the transport of wastepaper, scrap metal, and wooden logs, serving large waste companies, recycling centers, and commodity traders [4] - The company has expanded its operations into recycling export transport markets across various U.S. cities and Ensenada, Mexico, as of 2024 [4] Industry Context - The Chancay region is rapidly transforming into a major logistics and trade hub in South America, driven by the development of the Chancay Mega Port, which is expected to reshape the region's role in global commerce [3] - The ongoing industrial growth and urbanization in Chancay necessitate modern waste management systems to protect public health and the environment [3]
Georgia Power names Arthur Tripp as vice president of Economic Development
Prnewswire· 2025-06-09 18:15
Core Insights - Georgia Power has appointed Arthur Tripp as the new vice president of Economic Development, succeeding Walt Farrell [1][2] - The company has a strong reputation for economic development, having contributed to over 1,100 projects that resulted in more than 214,000 new jobs and nearly $89 billion in capital investment [4] Company Overview - Georgia Power serves 2.8 million customers and is the largest electric subsidiary of Southern Company [6] - The company is committed to delivering clean, safe, reliable, and affordable energy, with a diverse generation mix including nuclear, coal, natural gas, and renewables [6] Leadership Background - Arthur Tripp has extensive experience in economic development, previously serving as the state executive director of the USDA Farm Service Agency in Georgia and as a senior policy advisor [2][3] - Tripp holds a bachelor's degree in political science from the University of Georgia and has been actively involved in various leadership programs and boards [3]
Three New Members Join Southern Nevada's Largest Regional Development Authority Board: HCA Healthcare, MLB Athletics, and UNLV Leadership
GlobeNewswire News Room· 2025-06-06 17:00
Core Viewpoint - The Las Vegas Global Economic Alliance (LVGEA) has appointed three new members to its Board of Directors, enhancing its capacity to drive economic growth in Southern Nevada [1][2]. Group 1: New Board Members - Jackie Van Blaricum, President of HCA Healthcare Far West Division, has nearly 24 years of experience at HCA and is recognized for her leadership and commitment to community health [2][3][4]. - Marc Badain, President of MLB Athletics, is leading the franchise's relocation to Las Vegas and has extensive experience in major league sports, including overseeing the Raiders' relocation [5][6][7]. - Dr. Chris Heavey, Interim President of UNLV, has over 30 years of experience in education and research, focusing on aligning education with regional workforce needs [7][8][9]. Group 2: Contributions to Economic Growth - The new board members bring expertise from healthcare, sports, and education, which are crucial sectors for the economic development of Southern Nevada [2][7]. - Their collective experience and commitment are expected to foster community-driven growth and enhance the region's appeal as a place to live and work [2][7][10]. - LVGEA aims to leverage these leaders' insights to strengthen local healthcare, support innovation, and create new opportunities for residents [4][10].
Alliant Energy(LNT) - 2025 Q1 - Earnings Call Transcript
2025-05-09 15:02
Alliant Energy (LNT) Q1 2025 Earnings Call May 09, 2025 10:00 AM ET Company Participants Susan Gille - Manager of Investor RelationsLisa Barton - Director, President & CEORobert Durian - EVP and CFOJames Kennedy - Vice PresidentNicholas Campanella - DirectorPaul Fremont - Managing DirectorAndrew Weisel - DirectorPaul Zimbardo - Managing Director Conference Call Participants Rinny Singh - Equity Research Analyst Operator Thank you for holding, and welcome to Alliant Energy Energy's First Quarter twenty twent ...
Alliant Energy(LNT) - 2025 Q1 - Earnings Call Transcript
2025-05-09 15:00
Financial Data and Key Metrics Changes - The company reported first quarter earnings of $0.83 per share, an increase from $0.62 per share in the same quarter of the previous year, reflecting a strong start to 2025 [17] - Earnings for the quarter accounted for more than 25% of the company's earnings guidance midpoint for 2025, reaffirming the guidance range of $3.15 to $3.25 per share [5][19] - The increase in earnings was driven by higher revenue requirements from capital investments, despite negative temperature impacts on electric and gas sales [17][18] Business Line Data and Key Metrics Changes - The company has secured energy supply agreements (ESAs) totaling 2.1 gigawatts of demand from three major data center developments, representing a greater than 30% increase in peak demand [8][9] - The capital expenditure (CapEx) plan has been updated to reflect a nearly 26% increase from 18 months ago, translating to a forecasted investment compound annual growth rate (CAGR) of nearly 11% from 2024 to 2028 [9][10] Market Data and Key Metrics Changes - The company is experiencing strong interest in economic development within its service areas in Iowa and Wisconsin, with ongoing efforts to support growth through new energy supply agreements [9][12] - The company has successfully sold existing capacity into the recent MISO capacity auction, which is expected to benefit customer bills [20][76] Company Strategy and Development Direction - The company is focused on an "all of the above" approach to new generation resources, including a mix of wind, batteries, and natural gas, to maintain a balanced energy resource mix [15] - The updated capital plan includes significant investments in natural gas generation to meet the growing demand from data centers, with a focus on enhancing reliability and affordability [10][72] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving 2025 earnings objectives while advancing key strategic priorities, emphasizing the importance of supporting economic development [5][6] - The company is proactively managing risks related to potential changes in tax credits and tariffs, with a focus on maintaining a strong balance sheet and investment-grade credit ratings [24][52] Other Important Information - The company has completed nearly all planned safe harbor activities to preserve tax credits for future energy storage and renewable projects expected to be placed into service through 2028 [20] - The company is committed to ensuring that all individual customer rates achieve a win-win for existing customers, new customers, and shareholders [11] Q&A Session Summary Question: Timeline for converting mature opportunities to contracts and breakdown of serving those opportunities - Management indicated that they have high confidence in converting mature opportunities into contracts and are using existing resources to accelerate load growth [34][35] Question: Impact of safe harboring on the ability to go back for a rate case in Iowa - Management clarified that they are focused on activities to avoid the need to go back for a rate case and are advocating for beneficial legislative provisions [38][39] Question: Long-term EPS CAGR outlook - Management reaffirmed a long-term EPS CAGR of 5% to 7%, with current plans indicating potential for growth towards the top end of that range starting in 2027 [45][46] Question: Details on the CapEx increase - The increase in CapEx was primarily associated with natural gas generation to meet the peak demand from data center opportunities [72] Question: Impact of MISO capacity auction on consumer bills - Management stated that they are well positioned to utilize proceeds from the auction to help customer bills, contrasting with other entities that may face challenges [76] Question: Regulatory initiatives and filings in Iowa and Wisconsin - Management discussed ongoing regulatory filings for new generation resources and the potential for maintaining flat base rates through growth and cost reduction [60][61]
RGC Resources(RGCO) - 2025 Q2 - Earnings Call Transcript
2025-05-08 14:02
RGC Resources (RGCO) Q2 2025 Earnings Call May 08, 2025 09:00 AM ET Company Participants Lawrence Oliver - Senior Vice President of Regulatory & External AffairsTimothy Mulvaney - VP, CFO & TreasurerPaul Nester - President and CEO Conference Call Participants None - Analyst Lawrence Oliver Good morning, and thank you for joining us as we discuss RGC Resources twenty twenty five second quarter results. I am Tommy Oliver, Senior Vice President, Regulatory and External Affairs for RGC Resources Inc. I am joine ...
RGC Resources(RGCO) - 2025 Q2 - Earnings Call Transcript
2025-05-08 14:00
RGC Resources (RGCO) Q2 2025 Earnings Call May 08, 2025 09:00 AM ET Speaker0 Good morning, and thank you for joining us as we discuss RGC Resources twenty twenty five second quarter results. I am Tommy Oliver, Senior Vice President, Regulatory and External Affairs for RGC Resources Inc. I am joined this morning by Paul Nestor, our President and CEO and Tim Mulvaney, our VP, Treasurer, and Chief Financial Officer. Before we get started, I want to review a few administrative items. First, we have muted all li ...
东吴证券芦哲:明确的政策执行路径为市场注入强劲信心
news flash· 2025-05-07 09:08
金十数据5月7日讯,东吴证券首席经济学家芦哲表示,此次一揽子金融政策的发布,充分体现出中央对 宏观经济形势的精准认知。各项政策高效落地、协同打出"组合拳",清晰的政策逻辑、务实的政策内 容、明确的政策执行路径为市场注入强劲信心。芦哲认为,短期来看,在市场情绪和资金较为充足的情 况下,本次会议发布的政策有望进一步提升市场对新增流动性的预期,实现稳固资本市场的目标。中长 期来看,总量政策调控和结构性的精准滴灌,进一步推动实体经济稳健发展,向长期经济转型高质量发 展的目标迈进。随着各项政策逐步执行、见效,资本市场的内在稳定性有望进一步提升,中国经济高质 量发展有望迈上新台阶。 (上证报) 东吴证券芦哲:明确的政策执行路径为市场注入强劲信心 ...