Latest news with #GVA
Yahoo
4 days ago
- Business
- Yahoo
Jim Cramer on Granite Construction: 'I've Always Felt That GVA Was a Takeover Target'
Granite Construction Incorporated (NYSE:GVA) is one of the stocks that Jim Cramer shared thoughts on. A caller asked what Cramer thinks of the stock during the lightning round. Here's what he had to say in response: 'I've always felt that GVA was a takeover target, and by the way, it's up 7%. That's nothing to, you know, that's nothing to sneeze at. I do believe, just so you know, that I think that the infrastructure play is still on and therefore Granite is still on.' Granite Construction (NYSE:GVA) builds and rehabilitates infrastructure projects such as roads, bridges, airports, dams, and energy facilities, while also producing and selling construction materials like aggregates and asphalt. The company is expected to release its Q2 earnings somewhere between the end of July and the first week of August. In the Q1 earnings report, Granite Construction (NYSE:GVA) posted unchanged 2025 guidance at revenue between the range of $4.2 billion to $4.4 billion, adjusted EBITDA margin between 11.0% to 12.0%, CapEX of $140 million to $160 million, and SG&A expense of approximately 9.0% of revenue. While we acknowledge the potential of GVA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
CNBC
21-07-2025
- Business
- CNBC
Cramer's Lightning Round: Starbucks is a buy
Granite Construction: "I've always felt that GVA was a takeover target...I think that the infrastructure play is still on, and therefore Granite is still on." Solid Power: "Take a little off the table because that thing has just been a horse." Enovix: "We have a glut of oil. I'm worried about that. ENVX is another stock that is just up way too not going to buy that stock." General Mills: "...I am on the camp which says you can buy it because of the dividend, but not because the earnings. That's a tough one." Starbucks: "I would tell them to buy some now, the stock is down. That is the way to go. [buy, buy, buy]." Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest The CNBC Investing Club's Charitable Trust owns shares of Starbucks.
Business Insider
18-07-2025
- Business
- Business Insider
Granite JV awarded $158M Guam defense system project
Granite (GVA) announced that its joint venture with Obayashi Corporation has received a federally funded $158M task order from the Naval Facilities Engineering Command. The project, issued under the Facilities and Infrastructure Multiple Award Construction Contract, involves the construction of the Missile Defense Agency P694-2 PDI: Guam Defense System, Enhanced Integrated Air and Missile Defense, Phase 1, in South Finegayan. The award will be reflected in Granite's third-quarter CAP. Construction is scheduled to begin in late July 2025 and is expected to be completed by July 2028. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
NDTV
17-07-2025
- Entertainment
- NDTV
Tomorrowland Main Stage In Belgium Reduced To Ashes After Fire Just Days Before Festival
A major fire broke out at Tomorrowland's main stage in Boom, Belgium on Wednesday July 16, 2025 evening, just two days before the festival was all set to start. The cause of the fire is still unknown. However, the good news is that no one got hurt. Videos shared online showed the stage, known for its over-the-top design, in flames. Local newspaper GVA reported the fire seemed under control before 8 pm. Emergency services were already at the site and handled the situation quickly. ????????BREAKING: A fire massive broke out and destroyed the Tomorrowland mainstage, one day ahead of the festival. — Dom Lucre | Breaker of Narratives (@dom_lucre) July 16, 2025 As per a report by Euronews, no festival-goers were there at the time, but some crew members were on-site setting up. People living nearby were told to keep their windows and doors closed as a safety step. There were also rumours going around on social media that the festival was organisers quickly shut that down, calling it "Fake news" and saying no such decision had been made yet, the report added.. In an Instagram update, Tomorrowland wrote, "Due to a serious incident and fire on the Tomorrowland Mainstage, our beloved Mainstage has been severely damaged. We can confirm that no one was injured during the incident. We can announce that, DreamVille (campsite) will open tomorrow (Thursday, July 17) as planned and will be ready for all DreamVille visitors. All Global Journey activities in Brussels and Antwerp will take place as planned.' 'We are focused on finding solutions for the festival weekend (Friday – Saturday – Sunday). More updates and detailed information will be communicated as soon as possible," they added. View this post on Instagram A post shared by Tomorrowland (@tomorrowland) Tomorrowland, one of the biggest electronic music festivals in the world, began back in 2005. Last year, around 400,000 people attended.
The Herald Scotland
17-07-2025
- Entertainment
- The Herald Scotland
Tomorrowland stage catches fire, days before EDM music festival
No one was injured in the fire, organizers said in a statement. Firefighters and law enforcement responded to the scene and attempted to prevent further spread of the fire, local police reported on Facebook just before 7:30 p.m. local time, on Wednesday, July 16. Video footage circulating on social media showed large flames coming from the stage and black smoke billowing into the air. Photos published by Belgium-based GVA showed the staged effectively destroyed. The fire broke out on the festival grounds, police wrote, adding "all emergency services are at the scene. Please give them all the space." "The plume is heading towards Gemeente Rumst," police wrote in the post. "Those who experience odor obstruction, best close windows, doors and ventilation systems." Police and festival organizers did not say what caused the fire. Is Tomorrowland festival canceled? Organizers had not cancelled the event, as of Wednesday evening, July 16 (local time), but said they were "finding solutions for the festival weekend." Tomorrowland spokesperson Jordy Van Overmeire released the following statement to USA TODAY after the fire broke out: "Due to a serious incident and fire on the Tomorrowland Mainstage, our beloved Mainstage has been severely damaged," reads the statement, which was also distributed on festival social media accounts. "We can confirm that no one was injured during the incident. DreamVille (campsite) will open tomorrow (Thursday, July 17) as planned and will be ready for all DreamVille visitors. All Global Journey activities in Brussels and Antwerp will take place as planned." "We are focused on finding solutions for the festival weekend (Friday - Saturday - Sunday). More updates and detailed information will be communicated as soon as possible." 'I physically can't sing': Darius Rucker abruptly exits NJ concert Who is performing at Tomorrowland 2025? The music festival is slated to kick off Friday, July 18 and runs through Sunday, July 20, according to Tomorrowland's website. Headline performers include French DJ David Guetta, Belgian DJ Charlotte De Witte and Dutch DJ Martin Garrix. This is a developing story. Natalie Neysa Alund is a senior reporter for USA TODAY. Reach her at nalund@ and follow her on X @nataliealund.
