Latest news with #Ironwood
Yahoo
4 days ago
- Business
- Yahoo
Why Is Ironwood (IRWD) Down 18.4% Since Last Earnings Report?
It has been about a month since the last earnings report for Ironwood Pharmaceuticals (IRWD). Shares have lost about 18.4% in that time frame, underperforming the S&P 500. Will the recent negative trend continue leading up to its next earnings release, or is Ironwood due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. It turns out, fresh estimates flatlined during the past month. The consensus estimate has shifted -180% due to these changes. At this time, Ironwood has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with an F. However, the stock was allocated a grade of A on the value side, putting it in the top quintile for this investment strategy. Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in. Ironwood has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months. Ironwood belongs to the Zacks Medical - Drugs industry. Another stock from the same industry, Zoetis (ZTS), has gained 4.3% over the past month. More than a month has passed since the company reported results for the quarter ended March 2025. Zoetis reported revenues of $2.22 billion in the last reported quarter, representing a year-over-year change of +1.4%. EPS of $1.48 for the same period compares with $1.38 a year ago. For the current quarter, Zoetis is expected to post earnings of $1.61 per share, indicating a change of +3.2% from the year-ago quarter. The Zacks Consensus Estimate has changed +1% over the last 30 days. The overall direction and magnitude of estimate revisions translate into a Zacks Rank #3 (Hold) for Zoetis. Also, the stock has a VGM Score of B. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ironwood Pharmaceuticals, Inc. (IRWD) : Free Stock Analysis Report Zoetis Inc. (ZTS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research 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
CTV News
01-06-2025
- Business
- CTV News
‘What we can offer is speed': Modular housing business owner on tackling supply
Inside Ironwood Manufactured Homes' factory in Woodstock, N.B., workers pump out a house a week. Owner Mark Gaddas points to a home that's three days into construction. The drywall is being installed, which he says typically wouldn't happen in on-site construction until the house is weather-tight. It's one advantage to building indoors. 'That's one of the reasons why we can speed things up over time,' he said. Founded in 2018, Ironwood is a few months away from moving into a new factory that's ten times its current size. There, they will be able to build more houses and add efficiencies, such as automation. Provincial and federal governments invested a combined $2.5 million in repayable loans to help. Modular Housing (Sarah Plowman, CTV News) 'We strictly build custom modular houses right now. The new facility will give us the capacity to get into multi-residential,' said Gaddas, noting workers could build hotels, universities and dormitories. 'We'll have anywhere from ten to fifteen houses under construction at all times.' Factory-built housing makes up a small percentage of Canada's housing market, but Prime Minister Mark Carney has said prefabricated and modular housing are the future. He has pledged $25 billion in financing to prefabricated home builders as his government aims to double the pace of Canada's home construction. Carney has also pledged to order housing units from manufacturers in bulk to create sustained demand. 'It's not the silver bullet to the housing crisis,' said Gaddas. 'It's part of the solution. It isn't the ultimate solution. What we can offer is speed.' At the University of New Brunswick's Off-site Construction Research Centre, Director of Innovation and Operations Brandon Searle notes how off-site construction has been around for more than a century and often increases in popularity following or during a crisis. He believes prefabricated and modular housing are a piece of the housing crisis puzzle. 'I'd say they're a large piece,' Searle said. Searle explained this kind of construction isn't necessarily cheaper than traditional homes, but builds happen faster, with fewer workers and less waste. Costs are also more certain, since a lot of decisions happen before construction starts. The industry faces barriers to scale up, Searle notes, such as high capital investment costs, disjointed policies across jurisdictions and the need for demand that businesses can count on. Modular Housing (Sarah Plowman / CTV News) 'Creating that sustainable demand is a role that the government can play, but also incentivizing them to invest in innovation and automation,' he said. Securing financing or insurance can also be a challenge, and it's something the research centre is looking into to figure out what needs to change and what role Ottawa can play in underwriting projects. Kevin Lee, CEO of the Canadian Home Builders' Association, notes the main reason not many of its members build prefabricated and modular homes is because the traditional house construction industry is already efficient as is and is made of mostly small crews. 'That really has to do a lot with the boom-and-bust nature of the housing industry,' Lee said. 'The system kind of operates like a factory but instead of the house moving down the assembly line, the workers move through the house, but do the same repetitive activities, house to house.' Lee says it's more labour intensive but requires less overhead costs. Policy changes are needed for factory-built housing to become more widespread, including consistent rules around the planning and approval process, he adds. 'At the municipal level, you cannot build the same house city, to city, to city, because every city has different bylaws, zoning requirements, interpretations of the exact same provincial building code, which vary city to city, and sometimes within the city, which makes doing anything at scale incredibly difficult,' Lee said. Borrowing best practices Ironwood's new factory will add automation, including a saw to cut lumber and possibly a machine that, with the push of a button, installs nails or screws. To borrow best practices, Ironwood is looking to European countries, such as Sweden, where modular housing reshaped the homebuilding industry. 'The automation that they have is much further ahead than where we are,' said Gaddas, adding there's one manufacturer in Sweden with 'a zero-labour line.' 'You have robots essentially building all the compartments of the houses that we're talking about.' Mathieu Laberge, Chief Economist and Senior Vice-President at the Canada Mortgage and Housing Corporation, said while this kind of housing is marginal in Canada, 90 per cent of homes in Sweden are made with some off-site component. It didn't happen overnight. Laberge explained that in the 1960s, Sweden decided it was the technology of the future and the government began funding projects to create a baseline demand. 'Now, they don't need any more government support, because it's a self standing industry. And that's the point we're at in Canada,' Laberge said. Laberge and Gaddas point out there's a lot of misconceptions around modular housing, like assuming it's one-size-fits-all and that these houses can't be customized. 'That's not true,' said Laberge. 'They're good-looking, they're high-quality, well-insulated, weather-appropriate for Canada. And so, these are all misconceptions that we need to overturn.'
The Review Geek
22-05-2025
- Entertainment
- The Review Geek
Motorheads – Season 1 Episode 8 'Wiring' Recap & Review
Wiring Episode 8 of Motorheads starts with a flashback to when Hugo promised Ezra that he would have his money if he took the fall for the robbery. In the present, Ezra gets out of prison three years earlier, and Ryan picks him up outside the prison. Meanwhile, Cate and Curtis continue to rebuild the car. Some of the wiring works while others do not. There is a homecoming at school. Marcel designed the theme, so he will be going. Curtis and Cate decide not to go since there is much more work to do at the garage. Sam hovers over Logan and Zac at the race track. Logan thinks he is ready to compete, but Sam is not ready. Elsewhere, Harris tries to figure out how to beat Zac in the upcoming race in the car he won from Mateo. With one week to go until the race, Cate hopes the UNB10 will be ready. Marcel gets his car back. Harris tries to get some money from his father to fix up the car he will use to race. His father says that the money he got from selling the buildings is in a trust fund which he will start getting when he is 25 years. Harris gets angry at his father, while Zac also gets angry with his mother. In an argument, Zac feels his mother thinks he is not good enough to win. Ezra finds Hugo as soon as he gets out of prison. He is out to get the money he was promised. He does not plan to stay in Ironwood, so he wants the money. Hugo finds Logan to tell him that Ezra is out and needs the money. It turns out that the robbery plan was Logan's idea, even though he was not in the car. Logan has no money to spare. Later, Ezra is unconvinced when he learns that Hugo did not find the money, so he threatens him. At school, Curtis changes his mind when he learns that Brooke is a fan of Mad Max and chooses to go to the dance. Alicia clears up with Harris that they broke up. Kiara confesses to Alicia that she likes someone else but is not sure her parents would agree. Zac also chooses to go when he learns that Alicia broke up with Harris. Cate chooses to go to the dance with Marcel when he is turned down by his potential dates. Sam and Darren decide to go to the dance as chaperones. Everything at the dance is going well until Harris gets into a heated argument with Brooke. Harris wants them to date since he is now broken up with Alicia. Brooke gets angry and attracts the attention of other students. She says that she likes Curtis now, and Harris insults her, saying she is just his side piece. Curtis gets into a fight with Harris. While Curtis leaves with Brooke, Alicia gets angry at Zac after knowing he did not tell her about Harris and Brooke. Kiara thinks Zac is a good person since he had the ammunition to break up Harris and Alicia, but he kept quiet. Sam learns that Darren sold out their town to bandit technology, which drove a wedge between him and Harris. He wishes he could have consulted with Harris and asked what he wanted instead of assuming. Darren tells Sam to make sure the same does not happen with Zac, and she should listen to him. Marcel was hoping to win the homecoming King title, which he did not happen. Kiara and Harris win the queen and king titles, respectively. Since Harris is not around, Kiara is told to choose a dance partner. It looks like she will choose Cate, but Noah swoops in and takes over. Alicia notices that the person Kiara likes might be Cate. Sam says she will consider letting Zac race an opponent. Elsewhere, Logan joins Hugo to meet Ezra. Ezra has made a new friend, Ray, and has told him that Hugo was also in the car. Logan and Hugo hit the brakes on confronting Ezra since Ray is around. Later, Hugo asks Logan about what happened to Christian. Hugo says that he saw the gloves that Christian wore in the garage, and Logan says that he pulled Christian out of the river. Meanwhile, Cate leaves the party alone and heads back to the garage. Alicia drives Kiara home and then spends time walking the race track with Zac. Marcel goes back to the Diner to meet up with Brooke and Curtis. At the race track, Alicia and Zac take a step closer to each other and kiss. Back at the garage, Cate finally figures out the lights and the radio on the UNB10. Curtis shows up at the garage, and they slow-dance together at the end of the episode. The Episode Review The episode is like a blast from the past as it gives more information about what happened seventeen years ago. Logan was in on the plan for the robbery. However, after Christian drove the car into the water, no one ever saw the money again. However, Logan might know what happened to Christian since he pulled him out of the water. It leaves us on a cliff-hanger, wondering whether Logan pulled out a dead Christian or if he is still alive. The relationships among the teenagers get more complicated. Cate is still torn between Curtis and Kiara, while Kiara is still afraid to choose Cate. Cate's feelings for Curtis are getting stronger, and it feels like Curtis might still be into her. Who will Cate end up with? Who is your pick between Curtis and Kiara? The writing is doing an amazing job of blending the past with the present and keeping the viewer hooked. Bruce is fading in the background, so perhaps he is just a genuine businessman without any hidden agendas for the town. What are your thoughts on this? Tell us in the comments below.
Techday NZ
22-05-2025
- Business
- Techday NZ
Google reveals sweeping AI upgrades for Gemini & launches new Beam
Google has unveiled developments in artificial intelligence (AI) across its Gemini platform alongside expansions to products such as Search, Workspace, and video communications. Google Chief Executive Sundar Pichai delivered a wide-ranging update highlighting the company's swift pace of AI advancement, referencing significant growth metrics, new solutions, and an emphasis on making AI more accessible. Pichai noted how the typical lead-up to annual events has changed: "Normally, you wouldn't have heard much from us in the weeks leading up to I/O, because we'd be saving up our best models for the stage. But in our Gemini era, we're just as likely to ship our most intelligent model on a Tuesday in March, or announce a really cool breakthrough like AlphaEvolve a week before." He explained the company's objective: "We want to get our best models into your hands and our products ASAP. And so we're shipping faster than ever." The introduction of the seventh-generation Tensor Processing Unit (TPU), called Ironwood, was highlighted as part of Google's infrastructure advancements, with Pichai noting, "Our seventh-generation TPU, Ironwood, is the first designed specifically to power thinking and inferential AI workloads at scale. It delivers 10 times the performance over the previous generation, and packs an incredible 42.5 exaflops compute per pod — just amazing." Pichai described how improvements in infrastructure have contributed to lowering model costs while maintaining performance: "Our infrastructure strength, down to the TPU, is what helps us deliver dramatically faster models, even as model prices are coming down significantly. Over and over, we've been able to deliver the best models at the most effective price point. Not only is Google leading the Pareto Frontier, we've fundamentally shifted the frontier itself." The company has reported a rapid increase in the adoption of its AI technology. "This time last year, we were processing 9.7 trillion tokens a month across our products and APIs. Now, we're processing over 480 trillion — that's 50 times more. Over 7 million developers are building with Gemini, five times more than this time last year, and Gemini usage on Vertex AI is up 40 times. The Gemini app now has over 400 million monthly active users. We are seeing strong growth and engagement particularly with the 2.5 series of models. For those using 2.5 Pro in the Gemini app, usage has gone up 45%," Pichai stated. On bringing research into tangible application, Pichai said, "What all this progress means is that we're in a new phase of the AI platform shift. Where decades of research are now becoming reality for people, businesses and communities all over the world." The progression of Project Starline was addressed, now rebranded as Google Beam. "We debuted Project Starline, our breakthrough 3D video technology, at I/O a few years back. The goal was to create a feeling of being in the same room as someone, even if you were far apart," said Pichai. He continued, "We've continued to make technical advances. Today we're ready to introduce the next chapter: Google Beam, a new AI-first video communications platform. Beam uses a new state-of-the-art video model to transform 2D video streams into a realistic 3D experience, using an array of six cameras and AI to merge video streams together and render you on a 3D lightfield display. It has near perfect head tracking, down to the millimeter, and at 60 frames per second, all in real-time. The result is a much more natural and deeply immersive conversational experience. In collaboration with HP, the first Google Beam devices will be available for early customers later this year." Pichai also highlighted speech translation advances in Google Meet, allowing for highly natural, cross-lingual communication: "In near real time, it can match the speaker's voice and tone, and even their expressions — bringing us closer to natural and free-flowing conversation across languages. Translation in English and Spanish is rolling out to Google AI Pro and Ultra subscribers in beta, with more languages coming in the next few weeks. This will come to Workspace business customers for early testing this year." Gemini Live has added Project Astra's camera and screen-sharing features, broadening real-world applications. "People are using it in interesting ways, from interview preparation to marathon training. This feature is already available to all Android users and rolling out to iOS users starting today," Pichai said. Discussing AI agents, Pichai presented developments from Project Mariner, now enabling new multitasking and learning techniques: "We think of agents as systems that combine the intelligence of advanced AI models with access to tools, so they can take actions on your behalf and under your control." He provided detail on forthcoming availability, "We're bringing Project Mariner's computer use capabilities to developers via the Gemini API. Trusted testers like Automation Anywhere and UiPath are already starting to build with it, and it will be available more broadly this summer." Pichai mentioned the "teach and repeat" method, where agents can learn to perform similar future tasks after being shown once. He described collaboration efforts: "Like our open Agent2Agent Protocol, so that agents can talk to each other, or the Model Context Protocol introduced by Anthropic, so agents can access other services. And today, we're excited to announce that our Gemini API and SDK are now compatible with MCP tools." Agentic services will feature in the Gemini app, including a new mode for scheduling, filtering, and more, as Pichai explained: "For example, a new Agent Mode in the Gemini app will help you get even more done. If you're apartment hunting, it will help find listings that match your criteria on websites like Zillow, adjust filters and use MCP to access the listings and even schedule a tour for you. An experimental version of Agent Mode in the Gemini app will be coming soon to subscribers. And it's great for companies like Zillow, bringing in new customers and improving conversion rates." Pichai outlined his vision for personalisation in AI, referencing "personal context" features: "With your permission, Gemini models can use relevant personal context across your Google apps in a way that is private, transparent and fully under your control." He provided an example: "If your friend emails you for advice about a road trip that you've done in the past, Gemini can do the work of searching your past emails and files in Google Drive, such as itineraries you created in Google Docs, to suggest a response with specific details that are on point. It will match your typical greeting and capture your tone, style and even favorite word choices, all to generate a reply that's more relevant and sounds authentically like you. Personalized Smart Replies will be available for subscribers later this year." In relation to Google Search, Pichai discussed AI Overviews and the introduction of a comprehensive AI Mode. "Since launching last year, AI Overviews have scaled to over 1.5 billion users and are now in 200 countries and territories. As people use AI Overviews, we see they're happier with their results, and they search more often. In our biggest markets like the U.S. and India, AI Overviews are driving over 10% growth in the types of queries that show them, and this growth increases over time. It's one of the most successful launches in Search in the past decade." He elaborated on the new AI Mode: "For those who want an end-to-end AI Search experience, we're introducing an all-new AI Mode. It's a total reimagining of Search. With more advanced reasoning, you can ask AI Mode longer and more complex queries. In fact, early testers have been asking queries that are two to three times the length of traditional searches, and you can go further with follow-up questions. All of this is available as a new tab right in Search." Pichai expressed his perspective as a user: "I've been using it a lot, and it's completely changed how I use Search. And I'm excited to share that AI Mode is coming to everyone in the U.S., starting today. With our latest Gemini models our AI responses are at the quality and accuracy you've come to expect from Search, and are the fastest in the industry. And starting this week, Gemini 2.5, is coming to Search in the U.S., as well." The Gemini 2.5 model series received updates, with Pichai stating, "Our powerful and most efficient workhorse model, Gemini 2.5 Flash, has been incredibly popular with developers who love its speed and low cost. And the new 2.5 Flash is better in nearly every dimension — improving across key benchmarks for reasoning, multimodality, code and long context. It's second only to 2.5 Pro on the LMArena leaderboard." He announced new features: "We're making 2.5 Pro even better by introducing an enhanced reasoning mode we're calling Deep Think. It uses our latest cutting-edge research in thinking and reasoning, including parallel thinking techniques." Gemini app enhancements include the ability to connect with Google Drive and Gmail to support personalised research, create multimedia content through Canvas, and generate dynamic output such as infographics, quizzes, and podcasts in multiple languages. Pichai indicated, "We're making Deep Research more personal, allowing you to upload your own files and soon connect to Google Drive and Gmail, enhancing its ability to generate custom research reports. We're also integrating it with Canvas, enabling the creation of dynamic infographics, quizzes and even podcasts in numerous languages with a single click." For creative professionals, Google announced Veo 3 for video generation with native audio capability, alongside Imagen 4 for images. These models are intended to broaden creative possibilities, and a new tool called Flow aims to support filmmakers by extending short clips into cinematic scenes. Pichai closed his remarks by reflecting on the broader impact of AI advancements: "The opportunity with AI is truly as big as it gets. And it will be up to this wave of developers, technology builders and problem solvers to make sure its benefits reach as many people as possible. And it's especially inspiring to think about the research we're working on today that will become the foundation of tomorrow's reality, from robotics to quantum, AlphaFold and Waymo." He added a personal anecdote: "This opportunity to improve lives is not something I take for granted. And a recent experience brought that home for me. I was in San Francisco with my parents. The first thing they wanted to do was ride in a Waymo, which I'm learning is becoming one of the city's top tourist attractions. I had taken Waymos before, but my father, who is in his 80s, was totally amazed; I saw the progress in a whole new light. It was a reminder of the incredible power of technology to inspire, to awe and to move us forward. And I can't wait to see the amazing things we'll build together next."
The Guardian
20-05-2025
- Entertainment
- The Guardian
Motorheads review – Amazon's teen racing soap goes nowhere slowly
Like the quickly forgotten Panic before it, Motorheads, Amazon's latest 10-episode attempt at a teen soap, takes as a given an improbable premise – in this case, that a group of American teens in Ironwood, Pennsylvania, a fictional town an hour's drive from Pittsburgh, are primarily preoccupied not with the internet or football or parties, but with building and racing cars. Cars are, of course, a pivotal part of many an American coming of age; routine drag-racing, not so much. The idea of Fast & Furious as odd local tradition, instead of a bunch of teens raised on the Fast & Furious movies, is the most charming, if far-fetched and unexplained, aspect of Motorheads, which you can easily imagine being pitched as Dom Toretto & Co but make it gen Z kids in a dead-end Rust belt town. Created by John A Norris, Motorheads has the clear imprimatur of the mega-corporation's streaming wing: a checklist of genre parts cobbled together into an ungainly product that seems both cheap and expensive at once. The pilot contained more Top 40 hits than I've ever heard on a TV show, including assumedly pricey tracks by Olivia Rodrigo, Benson Boone, Teddy Swims and more; the characters discuss 'winter break' while the trees remains leafy and green. Motorheads is at least self-aware that it's not reinventing the teen soap wheel, coasting on the expected elements. New kid in town throwing a wrench in the social order? That would be twins Zac (Michael Cimino) and Caitlyn (Melissa Collazo), who have moved back to their mother Sam's (Nathalie Kelley) hometown from Brooklyn, for reasons unknown, to live with their uncle Logan (Ryan Phillippe), a former Nascar mechanic who has retreated to his small auto-repair business. Unresolved daddy issues? The twins' father, Christian Maddox, was a legendary driver who disappeared 17 years ago following a post-robbery car chase that became a viral YouTube video played in the series on loop. (Christian is played in flashback by Phillippe's son Deacon, who looks far too young to be a father of twins, let alone a local legend.) Rich kid villain who is secretly overcompensating for deep insecurities? That would be Harris (Josh Macqueen), the son of a local magnate and reigning car champion, who drives a Porsche and boasts a near permanent sneer. Love triangle? Not one but two: Zac is immediately smitten with Harris's Sandy-esque girlfriend, Alicia (Mia Healey), Caitlyn with closeted cool girl Kiara (Johnna Dias-Watson) and angsty loner Curtis (Uriah Shelton), who happens to be a motorcycle enthusiast. Ludicrously high and continuously escalating stakes? All of the parents, who apparently all had their kids during senior year, get tangled in another car chase crime operation that invariably ties into Zac and Harris's ultimate drag race showdown. Also, there's a diner. 'That's literally every high school,' jokes one parent when a fellow parent/ex-lover remarks how crazy it is that their sons are fighting over the same girl. True, though some make the ingredients pop more than others; The Summer I Turned Pretty, by far Amazon's most successful entry into the YA market, turns similarly incestuous and ridiculous drama into compulsively watchable television befitting the legacy of such soaps as One Tree Hill and Gossip Girl. Motorheads, by contrast, repeatedly sputters through laughably bad lines ('Tell your lesbo sister to stay away from my girlfriend!'), even clunkier exposition ('I mean, your dad just lost her,' Alicia reminds Harris of his dead mother) and mediocre effects (an obviously CGI-ed bird omen, for one). Car race scenes that should get pulses racing instead drag, failing to pull focus from the inevitable second screen. The extent that the show works is credit to a winsome cast of new faces, particularly Cimino, Collazo, Shelton and Nicolas Cantu as archetypical nerd Marcel. While the elder Phillippe seems to strain for Logan's World-weary, burned-out father figure, the kids' chemistry feels natural, the show at its easiest and most enjoyable when it allows the foursome space to tease, bicker, hang out and toss around mechanical jargon while fixing up Christian's old car. The group provide a sweet heartbeat for the series – faint, but enough for this viewer to power through the 10 overlong episodes that land in unsatisfying territory, anticipating a second season that, given the streaming services' capriciousness with renewals, I fear will never come. Which is a shame, as Motorheads has potential – there's some good parts in an ever-reliable engine, but this arrangement stalls. Motorheads is available now on Amazon Prime Video
