Latest news with #BHE
Scottish Sun
5 days ago
- Business
- Scottish Sun
British racing is rudderless and staring at a £66million blackhole – we need firm leadership NOW
We need stability and a way forward in this time of uncertainty MATT CHAPMAN British racing is rudderless and staring at a £66million blackhole – we need firm leadership NOW BRITISH horse racing is rudderless and in need of a huge governance overhaul. But is a rudderless organisation one you would hand your assets to? It's a big question. Advertisement 1 Will Lord Allen be the new man in charge of the BHA - does he even want the job given the almighty mess he will be tasked with fixing? Credit: PA You would think we are on the verge of armageddon. Maybe we are. Only time will tell. As I write, the BHA is without a chief executive - Brant Dunshea is currently a stand in - and has no chairman. In recent months it has also lost plenty of key players. The body should have a chairman. Advertisement Lord Allen, a Labour peer, was due to take up the post on June 2. However, BHA announced on May 30 this would not be happening, stating he wanted to speak to stakeholders 'to better inform his vision for the sport'. Lord Allen is not a massive racing fan and he's not in need of cash. But many in racing feel his appointment is crucial with his close alliance to Government and business acumen. Advertisement He's the man, apparently, to sort out major issues like British racing's funding model and a fixture list that regularly frustrates. Premier Racedays and their promotion have also been a shambles. Behind the scenes it is clear Lord Allen is not happy with negotiations and progress with the various factions in horse racing. We all know it's hard to get any consensus between the Racecourse Association, Racehorse Owners Association, Thoroughbred Breeders Association and 'Licensed Personnel' covering trainers, jockeys and stable staff. Advertisement And so British racing, a huge industry and the second most watched sport in the country, is in limbo. Right now, we believe July 28 is D-Day for Lord Allen's takeover. In terms of taking up his role, word on the street is he's gone from an odds-on shot to odds against. But everyone is guessing. Meanwhile, most in racing are united in begging Sir Keir Starmer's Government not to put a 'racing tax' onto British racing. Advertisement The sport's already under-pressure finances could be hit by at least £66million if the 15 per cent levied on racing and sports is harmonised with the 21 per cent duty on online games of chance. You would think one of the reasons Lord Allen would be useful is getting the message across to Sir Keir about the catastrophic consequences of any tax increases. I've seen nothing to suggest that has happened. We are led to believe that Lord Allen would want fixtures - mostly owned by the racecourses - to head back to the BHA, or BHE as I think it may end up being called. Advertisement But if you had a racetrack and someone told you that, for the good of racing fixtures, it should be handled by newly-named BHE, why would you think that was a good idea? Most racecourses are run by financial experts. Particularly the main groups. It's hard to think of any circumstance where their money people would say giving their treasures to a rudderless organisation was a decent concept. It's all a mess. Racing needs to get it's act together. Advertisement Current campaigns are welcome. But why were they not instigated years ago? We all knew what was coming. Everyone was silent. You snooze you lose. It's as simple as that. Watch Indecent Proposal. On the racing front Glorious Goodwood is around the corner and you will get all the best racing coverage in this paper. On Saturday, however, it's the Juddmonte Irish Oaks but the sponsors won't be taking the prize. Advertisement All being equal the winner will be Epsom heroine Minnie Hauk, who defeated Whirl when last seen and she has already franked the form, taking the Group 1 Pretty Polly. Minnie Hauk will be long odds on and should have a stroll in the Curragh park. At Newbury there's a cracker for the Group 3 Hallgarten and Novum Wines Hackwood Stakes, featuring last year's 1-3-4 in Elite Status, Kind of Blue and Regional. Kind of Blue and Regional both have the ability to score with ease, but I'm interested in Elite Status once again. Advertisement Karl Burke continues to believe in this horse, but now he turns to first-time cheekpieces after a fair fourth at York and a disappointing performance at Royal Ascot. He might just win it again. As for the big juvenile event, the Weatherbys Super Sprint Stakes which is worth a lot of money, surely Havana Hurricane will take all the beating for jockey Charlie Bishop and trainer Eve Johnson Houghton. The Listed Windsor Castle hero stays well and has a turn of pace suited to running at a big field. Advertisement Certainly his odds will be shorter than the fictional ones on offer for Lord Allen! FREE BETS - GET THE BEST SIGN UP DEALS AND RACING OFFERS Commercial content notice: Taking one of the offers featured in this article may result in a payment to The Sun. You should be aware brands pay fees to appear in the highest placements on the page. 18+. T&Cs apply. Remember to gamble responsibly A responsible gambler is someone who: Establishes time and monetary limits before playing Only gambles with money they can afford to lose Never chases their losses Doesn't gamble if they're upset, angry or depressed Gamcare – Gamble Aware – Find our detailed guide on responsible gambling practices here.
The Irish Sun
5 days ago
- Business
- The Irish Sun
British racing is rudderless and staring at a £66million blackhole – we need firm leadership NOW
BRITISH horse racing is rudderless and in need of a huge governance overhaul. But is a rudderless organisation one you would hand your assets to? It's a big question. 1 Will Lord Allen be the new man in charge of the BHA - does he even want the job given the almighty mess he will be tasked with fixing? Credit: PA You would think we are on the verge of armageddon. Maybe we are. Only time will tell. As I write, the BHA is without a chief executive - Brant Dunshea is currently a stand in - and has no chairman. In recent months it has also lost plenty of key players. The body should have a chairman. Lord Allen, a Labour peer, was due to take up the post on June 2. However, BHA announced on May 30 this would not be happening, stating he wanted to speak to stakeholders 'to better inform his vision for the sport'. Lord Allen is not a massive racing fan and he's not in need of cash. But many in racing feel his appointment is crucial with his close alliance to Government and business acumen. Most read in Horse Racing He's the man, apparently, to sort out major issues like British racing's funding model and a fixture list that regularly frustrates. Premier Racedays and their promotion have also been a shambles. Behind the scenes it is clear Lord Allen is not happy with negotiations and progress with the various factions in horse racing. We all know it's hard to get any consensus between the Racecourse Association, Racehorse Owners Association, Thoroughbred Breeders Association and 'Licensed Personnel' covering trainers, jockeys and stable staff. And so British racing, a huge industry and the second most watched sport in the country, is in limbo. Right now, we believe July 28 is D-Day for Lord Allen's takeover. In terms of taking up his role, word on the street is he's gone from an odds-on shot to odds against. But everyone is guessing. Meanwhile, most in racing are united in begging Sir Keir Starmer's Government not to put a 'racing tax' onto British racing. The sport's already under-pressure finances could be hit by at least £66million if the 15 per cent levied on racing and sports is harmonised with the 21 per cent duty on online games of chance. You would think one of the reasons Lord Allen would be useful is getting the message across to Sir Keir about the catastrophic consequences of any tax increases. I've seen nothing to suggest that has happened. We are led to believe that Lord Allen would want fixtures - mostly owned by the racecourses - to head back to the BHA, or BHE as I think it may end up being called. But if you had a racetrack and someone told you that, for the good of racing fixtures, it should be handled by newly-named BHE, why would you think that was a good idea? Most racecourses are run by financial experts. Particularly the main groups. It's hard to think of any circumstance where their money people would say giving their treasures to a rudderless organisation was a decent concept. It's all a mess. Racing needs to get it's act together. Current campaigns are welcome. But why were they not instigated years ago? We all knew what was coming. Everyone was silent. You snooze you lose. It's as simple as that. Watch Indecent Proposal. On the racing front Glorious Goodwood is around the corner and you will get all the best racing coverage in this paper. On Saturday, however, it's the Juddmonte Irish Oaks but the sponsors won't be taking the prize. All being equal the winner will be Epsom heroine Minnie Hauk, who defeated Whirl when last seen and she has already franked the form, taking the Group 1 Pretty Polly. Minnie Hauk will be long odds on and should have a stroll in the Curragh park. At Newbury there's a cracker for the Group 3 Hallgarten and Novum Wines Hackwood Stakes, featuring last year's 1-3-4 in Elite Status, Kind of Blue and Regional. Kind of Blue and Regional both have the ability to score with ease, but I'm interested in Elite Status once again. Karl Burke continues to believe in this horse, but now he turns to first-time cheekpieces after a fair fourth at York and a disappointing performance at Royal Ascot. He might just win it again. As for the big juvenile event, the Weatherbys Super Sprint Stakes which is worth a lot of money, surely Havana Hurricane will take all the beating for jockey Charlie Bishop and trainer Eve Johnson Houghton. The Listed Windsor Castle hero stays well and has a turn of pace suited to running at a big field. Certainly his odds will be shorter than the fictional ones on offer for Lord Allen! FREE BETS - GET THE BEST SIGN UP DEALS AND RACING OFFERS Commercial content notice: Taking one of the offers featured in this article may result in a payment to The Sun. You should be aware brands pay fees to appear in the highest placements on the page. 18+. T&Cs apply. . Remember to gamble responsibly A responsible gambler is someone who: Read more on the Irish Sun Establishes time and monetary limits before playing Only gambles with money they can afford to lose Never chases their losses Doesn't gamble if they're upset, angry or depressed Gamcare – Gamble Aware – Find our detailed guide on responsible gambling practices here.
Yahoo
15-07-2025
- Business
- Yahoo
Benchmark Electronics to Report Second Quarter Fiscal Year 2025 Results
TEMPE, Ariz., July 15, 2025--(BUSINESS WIRE)--Benchmark Electronics, Inc. (NYSE: BHE) will announce second quarter fiscal year 2025 results on Wednesday, July 30, 2025 after the market close. The Company will host a conference call to discuss these results on the same day at 5:00 p.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Benchmark Investor Relations website at or on the webcast link provided below. Following the call, a webcast replay will be available on the Company's website. Event: Benchmark Q2 Fiscal Year 2025 Earnings Call and Webcast Time: Wednesday, July 30, 2025 at 5:00 p.m. Eastern Time Toll Free Dial-In: 800-549-8228 Conf. ID: 97813 Live Webcast: Pre-registration recommended Webcast Replay: About Benchmark Electronics, Inc. Benchmark provides comprehensive solutions across the entire product lifecycle by leading through its innovative technology and engineering design services, leveraging its optimized global supply chain, and delivering world-class manufacturing services in the following industries: commercial aerospace, defense, advanced computing, next-generation communications, complex industrials, medical, and semiconductor capital equipment. Benchmark operates in eight countries and its common shares trade on the New York Stock Exchange under the symbol BHE. View source version on Contacts For further information:Investors and Analysts, Paul Mansky, Investor Relations & Corporate Development, 623-300-7052 or Media and Press, Alec Robertson, 585-281-6399 or arobertson@
Globe and Mail
15-07-2025
- Business
- Globe and Mail
Benchmark Electronics to Report Second Quarter Fiscal Year 2025 Results
Benchmark Electronics, Inc. (NYSE: BHE) will announce second quarter fiscal year 2025 results on Wednesday, July 30, 2025 after the market close. The Company will host a conference call to discuss these results on the same day at 5:00 p.m. Eastern Time. A live audio webcast of the call along with supporting materials will be available on the Benchmark Investor Relations website at or on the webcast link provided below. Following the call, a webcast replay will be available on the Company's website. About Benchmark Electronics, Inc. Benchmark provides comprehensive solutions across the entire product lifecycle by leading through its innovative technology and engineering design services, leveraging its optimized global supply chain, and delivering world-class manufacturing services in the following industries: commercial aerospace, defense, advanced computing, next-generation communications, complex industrials, medical, and semiconductor capital equipment. Benchmark operates in eight countries and its common shares trade on the New York Stock Exchange under the symbol BHE.
Yahoo
01-07-2025
- Business
- Yahoo
3 Reasons BHE is Risky and 1 Stock to Buy Instead
Over the last six months, Benchmark's shares have sunk to $38.83, producing a disappointing 14.3% loss - a stark contrast to the S&P 500's 5.7% gain. This was partly driven by its softer quarterly results and may have investors wondering how to approach the situation. Is now the time to buy Benchmark, or should you be careful about including it in your portfolio? Dive into our full research report to see our analyst team's opinion, it's free. Despite the more favorable entry price, we're sitting this one out for now. Here are three reasons why there are better opportunities than BHE and a stock we'd rather own. Examining a company's long-term performance can provide clues about its quality. Any business can have short-term success, but a top-tier one grows for years. Regrettably, Benchmark's sales grew at a tepid 3.7% compounded annual growth rate over the last five years. This fell short of our benchmark for the business services sector. Free cash flow isn't a prominently featured metric in company financials and earnings releases, but we think it's telling because it accounts for all operating and capital expenses, making it tough to manipulate. Cash is king. Benchmark broke even from a free cash flow perspective over the last five years, giving the company limited opportunities to return capital to shareholders. Growth gives us insight into a company's long-term potential, but how capital-efficient was that growth? Enter ROIC, a metric showing how much operating profit a company generates relative to the money it has raised (debt and equity). Benchmark historically did a mediocre job investing in profitable growth initiatives. Its five-year average ROIC was 7.3%, somewhat low compared to the best business services companies that consistently pump out 25%+. Benchmark isn't a terrible business, but it isn't one of our picks. After the recent drawdown, the stock trades at 15× forward P/E (or $38.83 per share). Investors with a higher risk tolerance might like the company, but we don't really see a big opportunity at the moment. We're pretty confident there are more exciting stocks to buy at the moment. Let us point you toward a dominant Aerospace business that has perfected its M&A strategy. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
