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'Remarkably troubling': Impact of admin's firing of NOAA staff and withdrawal of funds
MSNBC· 2025-07-09 16:16
Emergency Response & Preparedness - Initial responders rescued over 200 people and evacuated over 100 homes within the first hour of the flooding [2] - Gaps exist in the alert system and communication, hindering quick responses before floodwaters reached critical levels [4] - Questions remain about the resources available on the ground before the floodwaters arrived, creating a disconnect between local and state officials [8][9][11] - A state-approved disaster plan existed for Camp Mystic just two days before the floods, but the specifics of its execution are still under investigation [16][17][18] Weather Forecasting & Resource Allocation - National Weather Service issued flash flood warnings for Bandera, Kerr, and other counties before the worst flooding began [15] - National Weather Service forecasters are understaffed and overworked, potentially compromising their ability to keep the public safe [20][21] - Proposed budget cuts threaten research labs and universities that develop the scientific tools used for weather forecasting, potentially hindering future forecast accuracy [22][23] Long-Term Implications & Climate Change - The frequency of extreme weather events, such as "100-year floods," is increasing, with some communities experiencing such events multiple times within a decade [23][24] - Climate change is identified as a contributing factor to the increasing frequency and intensity of extreme weather events [24]
Stantec Stock Skyrockets 39% Year to Date: Has it Run Too Far?
ZACKS· 2025-07-09 13:26
Core Insights - Stantec Inc. (STN) has achieved a 39% year-to-date gain, significantly outperforming the industry's 6% decline, while U.S. peers have shown mixed results [1][8] - The company is benefiting from strong global demand for infrastructure, water security, and climate-resilient solutions, supported by long-term trends such as climate change initiatives and increased infrastructure investments [3][4] Financial Performance - In Q1 2025, Stantec's net revenues grew by 13.3% year-over-year, with organic revenue increasing by 5.9% when excluding acquisitions and currency effects [4] - The U.S. market saw a 2.4% organic growth, while Canada experienced a 15% revenue increase year-over-year, with key contributions from wastewater projects and large industrial developments [5][4] - Globally, revenues rose by 20.3% year-over-year, with the U.K. water business growing over 20% and energy transition projects boosting results in Australia and New Zealand [5] Margin Expansion - Stantec demonstrated efficient growth with project margins improving by 10 basis points to 54.3% and adjusted EBITDA margins rising by 70 basis points to 16.2% in Q1 2025 [9][10] - Lower administrative and marketing expenses, along with a proactive hiring strategy, are expected to enhance workforce utilization and operating leverage in the future [10][11] Analyst Sentiment - There has been a notable increase in positive analyst sentiment, with five analysts raising their 2025 earnings estimates and another five upgrading projections for 2026 [12][16] - Earnings are projected to grow by 19.5% in 2025 and 12% in 2026, with revenue expectations lifted to an 11% increase in 2025 and a 10% gain in 2026 [12][14] Valuation Concerns - Stantec's forward P/E ratio stands at 26.74, above its five-year median of 22.56, raising concerns about its valuation compared to peers like Tetra Tech and AECOM [17] - The elevated valuation may limit upside potential unless the company delivers significant earnings outperformance [17][18]
Stantec to release second quarter 2025 results on August 13, 2025 and host conference call on August 14, 2025
GlobeNewswire News Room· 2025-07-09 12:30
Core Viewpoint - Stantec, a global leader in sustainable design and engineering, is set to release its second quarter 2025 financial results on August 13, 2025, followed by a conference call on August 14, 2025, to discuss the company's performance [1]. Group 1: Financial Results Announcement - Stantec will announce its Q2 2025 financial results after market close on August 13, 2025 [1]. - A webcast and conference call will be held on August 14, 2025, at 7:00 AM Mountain Time (9:00 AM Eastern Time) to discuss the results [1][2]. Group 2: Company Overview - Stantec is recognized as a global leader in sustainable architecture, engineering, and environmental consulting, providing expertise to address challenges such as aging infrastructure and energy transition [4]. - The company emphasizes the importance of community engagement, considering diverse perspectives from project teams, clients, and impacted individuals [5]. - Stantec's professionals include designers, engineers, scientists, project managers, and strategic advisors, focusing on innovation at the intersection of community and client relationships [6].
X @Bloomberg
Bloomberg· 2025-07-09 06:38
Warmer temperatures in the Mediterranean fueled major heat waves in Spain, Italy, France, Portugal and Germany https://t.co/IKk1NKUrNJ ...
X @Bloomberg
Bloomberg· 2025-07-09 06:10
Action to tackle climate change is facing the most uncertain global backdrop since the Paris Agreement was struck in 2015, according to Singapore’s Deputy Prime Minister Gan Kim Yong https://t.co/rVa1M3sVKD ...
X @Bloomberg
Bloomberg· 2025-07-09 00:02
Labor Conditions - Food delivery riders in China face extreme heat [1] - Minimal protections are offered to food delivery riders [1] Environmental Impact - Record heat conditions are impacting labor [1] Economic Trends - Rising orders are occurring simultaneously with labor inequality [1]
X @BBC News (World)
BBC News (World)· 2025-07-08 22:04
Emissions Trends - China's emissions may be falling [1] Source Information - The report is based on an online article [1]
Blue crab population decline causes seafood price hike in Maryland
NBC News· 2025-07-08 19:00
Many parts of this country, it wouldn't be summertime without seafood. But one state is struggling to keep up with demand for one of its most famous dishes as blue crab populations dwindle. NBC News correspondent Kathy Park went to see what locals in Maryland are doing to help keep it on the menu.A Maryland summer wouldn't be complete without blue crabs on the menu. A cornerstone of the state's culture and economy. Just ask the locals.Been eating crabs since I was a kid. Wonder why are blue crabs such a big ...
The Rachel Maddow Show - July 7 | Audio Only
MSNBC· 2025-07-08 18:51
Good evening, you guys. I have to ask you if you got the dreaded uh control room warning. You guys, you guys, Rachel might not be ready. Did they actually tell you that? They didn't tell us, but they said take our time. Just take your time. Okay. So, this involves um randomly sticking a finger into some mascara and then touching my face, like right in the middle of my face immediately before the lights came on. You know, Rachel, just so so you don't feel alone. I've done that on occasion, too. I just had to ...
Bridging the Gap between Agriculture, Social Media and Climate | Jean Claude Niyomugabo | TEDxKigali
TEDx Talks· 2025-07-08 16:07
Climate Change Impact on Agriculture - Climate change significantly impacts farmers, causing crop loss due to floods and droughts [4][6][8] - Social media can bridge the gap between climate change awareness and agricultural practices [2][8] - 65% of the African population is involved in agriculture, making them vulnerable to climate change [8][12] Social Media as a Tool - Social media is a free and powerful tool for advocating climate resilience farming and sharing farmers' experiences [8][10] - The company leveraged social media to reach over 1 million followers across platforms, sharing experiences of farmers [8][10] - Social media can be used to educate about climate-resilient crops, irrigation, and reducing service loss [8][9][11] Company Initiatives and Impact - The company started as a social enterprise with 20 young advocates, aiming to improve farmers' livelihoods through social media [8] - The company showcases climate resilience crops and activities on the ground, sharing stories of farmers in different districts of Rwanda [9][10] - The company advocates for climate resilience farming, emphasizing that it's not just for farmers but for everyone who can use social media [11][12]