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Urban-Gro (UGRO) Earnings Call Presentation
2025-06-27 11:11
Investor Presentation Nasdaq: UGRO An integrated professional services and Design-Build firm. Licensed Experts Sectors Served Global Footprint February 2025 Nasdaq: UGRO Safe harbor statement Except for historical information, all of the statements, expectations, and assumptions contained in this presentation are forward-looking statements. Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statement ...
SIKA ACQUIRES RENOWNED CONSTRUCTION CHEMICALS COMPANY IN QATAR
Globenewswire· 2025-06-27 05:00
SIKA ACQUIRES RENOWNED CONSTRUCTION CHEMICALS COMPANY IN QATAR Sika has acquired Gulf Additive Factory LLC in the State of Qatar. The company manufactures a wide range of construction chemical products and has a strong standing in the fast-growing Qatar construction market. The acquisition strengthens Sika’s foothold in the country and provides exciting opportunities for further expansion. Gulf Additive Factory LLC (GAF) is renowned for its high-quality solutions and profound technical expertise. An extensi ...
Construction worker repairing traffic light struck by semi-truck
NBC News· 2025-06-27 01:45
Dash cam video shows the moment the truck turned, smashing into the worker, shattering the bucket as he was standing in. Thankfully, he was wearing his safety equipment, which likely saved his life. According to Denim Springs Police, the man received minor injuries and was not hospitalized.that's happening near Baton Rouge. ...
Fluor (FLR) Upgraded to Strong Buy: What Does It Mean for the Stock?
ZACKS· 2025-06-26 17:01
Core Viewpoint - Fluor (FLR) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is based on changes in earnings estimates, which are strongly correlated with near-term stock price movements [3][5]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, leading to buying or selling actions that affect stock prices [3]. Fluor's Earnings Outlook - The upgrade for Fluor reflects an improvement in the company's underlying business, which is expected to drive the stock price higher as investors recognize this trend [4]. - Analysts have raised their earnings estimates for Fluor, with the Zacks Consensus Estimate for the fiscal year ending December 2025 projected at $2.51 per share, showing a 0.4% increase over the past three months [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. - Only the top 5% of Zacks-covered stocks receive a "Strong Buy" rating, indicating superior earnings estimate revisions and potential for market-beating returns [8][9].
CAT Outpaces Industry in 3 Months: Time to Buy the Stock?
ZACKS· 2025-06-26 16:16
Key Takeaways CAT stock rose 9.5% in 3 months, outperforming peers, its sector and the S&P 500. Caterpillar boosted its dividend by 7%, marking 31 consecutive years of increases. Growth in E&T profits, AI-driven engine demand and mining tailwinds support CAT's outlook.Caterpillar Inc. (CAT) shares have gained 9.5% in the past three months, outperforming the manufacturing - construction and mining industry’s 9.2% growth. The Zacks Industrial Products sector and the S&P 500 have gained 5.5% and 6.8%, respec ...
Tutor Perini vs. Granite: Which Infrastructure Stock is a Better Buy?
ZACKS· 2025-06-26 15:26
Core Insights - Tutor Perini Corporation (TPC) and Granite Construction Incorporated (GVA) are benefiting from a strong cycle of infrastructure investment, particularly in large-scale civil and transportation contracts [1][2] Company Overview - Both companies specialize in large-scale public infrastructure projects, including highways, bridges, and rail systems, often supported by state and federal funding [2] - Their operations align closely with national infrastructure initiatives, positioning them as key players in upcoming federally funded projects [2] Current Market Environment - Infrastructure spending remains robust, with public funding supporting long-term project pipelines, prompting both companies to focus on expanding backlog, winning contracts, and improving execution efficiency [3] - Strong demand is anticipated from both public and private markets, making operational scaling and project visibility central to their strategies [3] Tutor Perini Corporation (TPC) - TPC is leveraging the surge in infrastructure spending to enhance its backlog and diversify its exposure to large-scale projects across various sectors [5] - In Q1 2025, TPC secured approximately $2 billion in new awards, increasing its backlog to a record $19.4 billion, nearly doubling from the previous year [6] - The company raised its 2025 earnings guidance, indicating strong performance and a favorable project environment [7] - TPC's projected EPS for 2025 suggests a significant year-over-year increase of 155.9% [17] Granite Construction Incorporated (GVA) - GVA is experiencing momentum in both public and private markets, with a disciplined focus on core markets and risk-managed project selection [8] - In Q1 2025, GVA's Committed and Awarded Projects (CAP) reached a record $5.7 billion, reflecting a 7.5% sequential increase and a 3.6% year-over-year rise [9] - GVA expects to maintain its growth trajectory, with projected revenues of $4.2-$4.4 billion and adjusted EBITDA margins of 11-12% for 2025 [11] Stock Performance and Valuation - TPC's stock has surged 82.3% over the past three months, outperforming the industry average of 30.1%, while GVA shares have risen 21% [12] - TPC is trading at a premium compared to GVA based on the forward 12-month price-to-earnings (P/E) ratio [13] Final Assessment - Both companies are well-positioned to benefit from strong infrastructure spending and multi-year project pipelines [20] - TPC stands out with a record backlog, stronger earnings growth outlook, and rising momentum in civil and commercial markets [21] - GVA, while maintaining steady growth, is viewed as less compelling in the near term due to its more measured pace and valuation [22]
Home builders facing more competition from existing homeowners selling: Zillow's Orphe Divounguy
CNBC Television· 2025-06-26 13:38
New home sales down nearly 14% in May. It was the biggest month overmonth decline in three years as buyers continue to grapple with stubbornly high mortgage rates. Today's data sending housing stocks lower with the ITB home construction ETF down over a percent and snapping a 4-day winning streak which had been its best stretch since January.For more, Zillow senior economist Ore Debongi joins us right now. Or great to have you with us. Thanks for having me.I was I was actually enjoying the the debate there. ...
DMC Global Appoints Jay Doubman to Board of Directors
Globenewswire· 2025-06-26 12:00
Core Viewpoint - DMC Global Inc. has appointed John R. "Jay" Doubman as an independent director, bringing over 30 years of leadership experience in industrial, building products, and specialty chemicals sectors [1][4]. Company Overview - DMC Global operates innovative, asset-light manufacturing businesses that provide unique, highly engineered products and differentiated solutions [5]. - The company has established leadership positions in various markets, including architectural building products, global energy industry, and industrial infrastructure [5]. Leadership Experience - Mr. Doubman is currently the CEO of ICP Group, a manufacturer of specialty coatings, adhesives, and sealants for the construction industry, where he successfully executed a turnaround strategy [2]. - His previous roles include senior executive positions at Ecore International, Cabot Corporation, and CertainTeed Corporation, with a focus on corporate strategy, mergers and acquisitions, and international operations [3]. Strategic Alignment - DMC's executive chairman, James O'Leary, emphasized that Mr. Doubman's operational expertise and strategic insight align well with DMC's diversified industrial portfolio and growth objectives [4]. - Mr. Doubman expressed his commitment to guiding DMC's future growth and success, highlighting the company's differentiated, industry-leading businesses [4].
国家级科研引擎有新进展!深圳一重点实验室集群项目全面封顶
Nan Fang Du Shi Bao· 2025-06-26 10:59
南都讯 重大科技基础设施是推动科技创新发展的重要力量。在国家科技强国战略的大背景下,深圳积 极践行科技强国战略,全面深化科技体制改革,坚定不移地实施科教兴国战略、人才强国战略以及创新 驱动发展战略。 近期,哈尔滨工业大学(深圳)重点实验室集群项目全面封顶。该项目位于深圳市南山区大学城,总建筑 面积约18.09万平方米,由5个国家级重点实验室、3个院士领衔的重点实验室组成。 项目落地后,将形成布局完整、技术先进的国家级实验室集群,为深圳科技产业提供科研支撑,加速成 果转化,巩固其科技高地地位,加快深圳建设成为粤港澳大湾区国际科技创新中心。 项目建设初期,项目紧邻深圳地铁7号线及在建的27号线,地质结构复杂,基坑边线紧贴用地红线,机 械难以回转,场地内可利用的空间有限,如何在如此局促的空间内建造8个顶尖实验室,考验的是建设 者"绣花穿针"之功。项目由深圳市建筑工务署组织建设、中建二局三公司承建。 项目技术部成立4支攻坚小队,以精细化部署破解难题,打破传统支护结构施工,创新采用双排桩+施 工栈桥板的组合方案,推动工序穿插"零空闲","挤"出3000平方米的作业面。6台塔吊高效作业,实现 每日3000吨物料调度。 要 ...
Africa's Longest Low-Pylon Cable-Stayed Bridge Opens in Tanzania
Globenewswire· 2025-06-26 08:30
Core Insights - The JP Magufuli Bridge in Tanzania officially opened on June 19, 2025, and is the longest low-pylon cable-stayed bridge in Africa, built by China Railway Construction Corporation Limited (CRCC) [1][3] - The bridge significantly reduces commute times and freight costs, enhancing local economic activities [4] Company Insights - China Railway Construction Corporation Limited successfully completed the bridge project despite challenges such as the COVID-19 pandemic and supply chain disruptions [3][6] - The project reflects CRCC's commitment to high construction standards and professionalism [3] Industry Insights - The bridge is expected to drive economic growth in the region by improving transportation efficiency, benefiting agriculture, tourism, and commerce [4] - The design of the bridge incorporates local cultural elements and environmentally conscious features, symbolizing cooperation and prosperity [5][6]