Latest news with #JamesPerry
Business Insider
09-07-2025
- Business
- Business Insider
Citi Remains a Hold on Vidrala (0NV7)
In a report released today, James Perry, CFA from Citi maintained a Hold rating on Vidrala, with a price target of €97.00. The company's shares closed yesterday at €96.20. Don't Miss TipRanks' Half-Year Sale 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. According to TipRanks, Perry, CFA is a 2-star analyst with an average return of 12.1% and a 100.00% success rate. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Vidrala with a €110.85 average price target. Based on Vidrala's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of €760.11 million and a net profit of €177.53 million. In comparison, last year the company earned a revenue of €764.27 million and had a net profit of €104.66 million Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of 0NV7 in relation to earlier this year.
Yahoo
05-07-2025
- Business
- Yahoo
Planning boards will weigh NFR request to modify high energy use industries restrictions
The Niagara Falls City Council has voted to 'accept as complete' a request from Niagara Falls Redevelopment (NFR) asking the city to amend its zoning code and modify recently enacted restrictions on high-energy use industries so that it can move forward with its proposed $1.5 billion data center campus in the South End. Council members also approved taking on the role of 'Lead Agency' in the environmental review of the proposed zoning code changes. The vote to accept the change application was 3-2 with Council Members Brian Archie (D), Donta Myles (D) and David Zajac (R) in favor. Council Chair James Perry (D) and Member Traci Bax (R) were opposed. Perry and Bax attacked the application as an attempt to undue a series of amendments to the Falls zoning code, adopted in 2022, after public protests over noise and other complaints about the operation of high-energy use industries, like data centers and bitcoin mines, in the city. 'This would be the first step in undoing (the high-energy use overlay zoning requirements),' Perry said. Bax said the council has fought hard, including winning a series of court challenges, to defend the tough restrictions on high-energy use industries. 'We've held the bitcoin operators' feet to the fire,' Bax said. 'We shouldn't stop now.' Archie noted that the application would be referred to both the city and county planning boards and would need to come back to the council for action after their review. 'I'm OK with it,' the council member said, 'because it's just going to the planning board.' An attorney for NFR, Melissa Valle, admitted that her clients were looking to change both the city zoning code and the Falls' zoning map. But she called the changes 'minor' and described the noise restrictions as lower than background noise. 'The time is now to revisit this law,' Valle said. 'These are very minor changes.' The council action will send NFR's request to the Niagara County and city planning boards for hearings and recommendations. Those agencies are also currently considering an NFR application to establish a Negotiated Planned Development District, also known as a Planned Unit District (PUD) for the purpose of developing its proposed digital data center campus in the South End. The first stage of the project, which NFR has dubbed 'Data Center at Niagara Digital Campus PUD,' is projected to occupy the same parcel of 12 to 15 acres of prime South End tourist district land that the city has proposed to use for its Centennial Park project. Control of that land has already been awarded to the city through the courts by an eminent domain proceeding. The city has also recently filed a claim that asserts that roughly 5 acres of the disputed land, formerly the 10th Street Park, was never properly transferred to NFR as part of a 2003 settlement of an earlier lawsuit between the Falls and the South End land owner. The council has specifically stated that nothing in its actions on NFR's applications 'waives any rights of the city to recover the park property.' NFR has said its data center campus project 'is anticipated to bring 5,600 jobs to Niagara Falls during construction, as well as more than 550 permanent jobs when all phases of the data center are up and running.' NFR's original project application, filed in October, was determined to be incomplete by city planners. At close to 700 pages, the application calls for the Data Center at Niagara Digital Campus to be developed in five phases. The campus would include eight two-story buildings and one one-story building, for a total of 1,232,715 square feet of space. The full development would cover approximately 53 acres of what NFR has described as 'mostly vacant land.' The property would be bounded by John B. Daly Boulevard, Falls Street, 15th Street and Buffalo Avenue. Included in the application, in addition to the rezoning request, are copies of traffic and noise studies, an environmental and energy impact plan, a full environment assessment form, a verified ownership petition, a survey and legal description, a historical property assessment, and aerial maps showing the placement of the data center and various other key elements of the plan. The project application was originally filed just over a month after New York's highest court, the Court of Appeals, rejected a second appeal by NFR seeking to have its justices weigh in on the legality of the use of eminent domain to take NFR's land, described as 907 Falls St. and an adjacent portion of property along John Daly Memorial Parkway, for the proposed Centennial Park project. The council has also acted to authorize a more than $4 million offer to pay for the eminent domain land parcels.
Yahoo
01-07-2025
- Business
- Yahoo
5 Must-Read Analyst Questions From CSW's Q1 Earnings Call
CSW's first quarter results for 2025 saw continued revenue growth and record quarterly results for revenue, adjusted EBITDA, adjusted earnings per share, and adjusted net income, as emphasized by both CEO Joseph Armes and CFO James Perry. Management attributed the mixed performance to solid organic growth in Contractor Solutions, offset by softer demand and margin contraction in Specialized Reliability Solutions and Engineered Building Solutions. CEO Joseph Armes highlighted that higher freight expenses and integration costs from recent acquisitions, particularly in the Contractor Solutions segment, weighed on margins. CFO James Perry also noted that price increases implemented early in the year helped offset some cost pressures but could not fully counteract the impact of tariffs and changing product mix. Is now the time to buy CSWI? Find out in our full research report (it's free). Revenue: $230.5 million vs analyst estimates of $232.8 million (9.3% year-on-year growth, 1% miss) Adjusted EPS: $2.24 vs analyst estimates of $2.22 (1.1% beat) Adjusted EBITDA: $59.76 million vs analyst estimates of $60.37 million (25.9% margin, 1% miss) Operating Margin: 20.3%, down from 22% in the same quarter last year Market Capitalization: $4.87 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Jon Tanwanteng (CJS Securities) asked about the ongoing impact of tariffs and whether cost increases had started to flow through results. CFO James Perry clarified that most tariff effects would be felt in future quarters and outlined steps to shift sourcing away from China where possible. Susan Maklari (Goldman Sachs) sought clarity on the magnitude and timing of pricing actions to offset tariffs. Perry responded that price increases are being implemented product by product and are intended to match tariff-driven costs, with full effects expected over the coming quarters. Sam Reed (Wells Fargo) questioned the variability in Aspen Manufacturing's margin profile and how it will fluctuate seasonally. Perry indicated that margins could swing several hundred basis points around the 24% target, but more precise guidance would come as integration progresses. Jamie Cook (Truist Securities) asked about demand trends in April and May, and the sustainability of organic growth in Contractor Solutions. Perry noted that seasonality and weather patterns are influencing demand, but organic growth remains in line with long-term targets. Natalia Bak (Citigroup) inquired about the timeline for restoring Engineered Building Solutions margins to the 20% target. Perry stated that while some progress is expected as backlog quality improves, achieving this margin consistently may take additional time given ongoing cost challenges. Looking ahead, key catalysts include (1) the successful integration and margin trajectory of Aspen Manufacturing, (2) evidence that pricing actions effectively offset tariff-related cost increases without dampening demand, and (3) improvement in backlog conversion and margin expansion within Specialized Reliability Solutions and Engineered Building Solutions. Execution on supply chain adjustments and further M&A activity will also be important to watch. CSW currently trades at $305.10, down from $314.46 just before the earnings. In the wake of this quarter, is it a buy or sell? Find out in our full research report (it's free). 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 9 Market-Beating Stocks. 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 Comfort Systems (+782% five-year return). Find your next big winner with StockStory today.
Yahoo
12-04-2025
- Business
- Yahoo
Niagara Falls City Council will meet on emergency animal shelter contract
City Council Chair James Perry has called a special meeting for 6 p.m. Tuesday to act on a request by Mayor Robert Restaino to approve a contract for a vendor to provide temporary dog sheltering services for the city. The city was scheduled to open and review bids for the proposed contract on late Friday afternoon. The results of the bid opening were not immediately available. A Request For Proposals was made public March 18. The RFP calls for the vendor to provide shelter services from April 28 to Dec. 31, with an option to extend the contract 'until a city owned dog shelter is fully operational.' The need for a temporary dog shelter service provider was created when the city's current vendor, The Pit Chic, on Grand Island, announced that she was getting out of the animal sheltering business. In an interview in early March, Kelli Swagel, The Pit Chic owner and operator, told WIVB-TV that she was 'restructuring' her business and intended to move away from municipal animal sheltering contracts to focus more on dog boarding and training. Swagel, who also operates a non-profit dog rescue organization, Rescue Buffalo, said a rise in animal cruelty, animal abandonment and strays have presented challenges for rescues and shelters that cater primarily to local dogs. 'There's a lot of dogs coming from out of state too and, as much as we know that we need to help those high-kill shelters, it's forcing shelters in New York state to have to make decisions for space and that's not something our shelter will ever align with,' Swagel said. Swagel gave city officials 60 days notice that she was exiting her contract with the Falls. The city is currently in the process of building a new animal shelter inside an existing building at Hyde Park. Swagel had a controversial run as the Falls animal shelter provider, drawing often intense criticism from a former business partner, Janine Gallo, and some city residents and officials who questioned the quality of services she provided to the city and its stray dogs under a deal that paid her $20,270 per month.
