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Northampton MP criticises council sale of Guildhall extension
Northampton MP criticises council sale of Guildhall extension

BBC News

time5 days ago

  • Business
  • BBC News

Northampton MP criticises council sale of Guildhall extension

An MP has joined criticism of the council for "selling a town's heritage to the highest bidder" as the modern extension of Northampton's historic Guildhall went on the 1992-built office space is being sold by West Northamptonshire Council (WNC) - led by Reform UK - while the original Victorian building is retained by the Mark Arnull said it wanted to "better utilise council buildings while also reducing ongoing costs to the public purse".Mike Reader, who represents Northampton South for Labour, said: "Reform UK need to rethink this plan and do what's right for Northampton – protect our town and it's culture." Community leaders have spoken out against the sale since the plan was first announced last year by the then Conservative administration, according to the Local Democracy Reporting Service. The authority said at the time that not maintaining the extension would save £350,000 per Oliver Coss, Rector of All Saints' Church, near the Guildhall, said it was "regrettable this arresting piece of modern architecture is going to fall out of public use". Northampton Town Council is seeking legal advice after it was asked to move out of the original Guildhall as part of the "office optimisation plan".Speaking of the sale, town councillor Les Marriott said the extension was "architecturally impressive", provided a quiet space in the town centre and had hosted many community events. "We are concerned that any sale and subsequent change of use will result in the building and courtyard being lost to the general public indefinitely," he town council welcomed further discussions with WNC to ensure "this much loved civic building continues to serve the public good for future generations", he said the council was looking for proposals which made good use of the sale listing suggests a range of options for the building, including a boutique hotel, events venue, restaurant, residential, or continued office use. Follow Northamptonshire news on BBC Sounds, Facebook, Instagram and X.

Northampton Town Council seeks legal advice over Guildhall move
Northampton Town Council seeks legal advice over Guildhall move

BBC News

time6 days ago

  • Politics
  • BBC News

Northampton Town Council seeks legal advice over Guildhall move

Town councillors facing eviction from their Victorian civic base are seeking legal advice, claiming it is their "natural home".Northampton Town Council was set up in 2021 and has leased part of the town's Guildhall, which is owned by West Northamptonshire Council (WNC), ever has been told it must leave later this year by WNC under its "office optimisation" plan. This includes selling off the Guildhall's 1992 extension. Reform UK WNC leader Mark Arnull said the town council had been offered "alternative and suitable long-term space at county hall". The town council leases the lower west wing of the building, but was told in January last year it had to give up the space to allow the coroner's service to relocate, the Local Democracy Reporting Service said. "We see the Guildhall as a valuable part of civic life for all residents of Northampton, and as the formal town hall, which is also home to the Mayor's Parlour, it is without any doubt, the natural home of the town council and the town's mayor," said Les Marriott, chair of the town council's policy and finance committee and Labour added when the town council was set up, a cross-party working group - including the former borough council and the shadow West Northamptonshire Council - agreed to grant it "a long lease of the historic part of the Guildhall". "We have sought legal advice on this matter and now hope to continue pragmatic and constructive negotiations with WNC to secure the long-term lease that was originally promised," he unanimously backed plans to continue negotiating with WNC over the proposed mayor Rufia Ashraf, who is also a WNC Labour councillor, said on social media that "some members are prepared to strap ourselves to the building to keep their iconic home".WNC has not confirmed a date for the council's relocation. Arnull said: "The historic part of the Guildhall will continue to be home of the mayor of Northampton, as it has been so for many centuries." Follow Northamptonshire news on BBC Sounds, Facebook, Instagram and X.

Wabash Schedules Second Quarter 2025 Earnings Conference Call
Wabash Schedules Second Quarter 2025 Earnings Conference Call

Globe and Mail

time11-07-2025

  • Business
  • Globe and Mail

Wabash Schedules Second Quarter 2025 Earnings Conference Call

LAFAYETTE, Ind., July 11, 2025 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC) today announced that it will webcast its quarterly earnings conference call to review and discuss its financial results for the second quarter 2025 on Friday, July 25, 2025, beginning at 12:00 p.m. ET. The call and an accompanying slide presentation will be accessible on the "Investors" section of Wabash's website, under "Events & Presentations." The conference call will be accessible by dialing (800) 715-9871, conference ID 9986205. A replay of the call will be available shortly after the conclusion of the presentation. Access to the replay will be available on the "Investors" section of Wabash's website under "Events & Presentations." Wabash's earnings press release, earnings slides and any other related presentation materials will be posted to the "Investors" section of Wabash's website by 7:00 a.m. ET on the date of the earnings call and will remain available following the call. Wabash: Changing How the World Reaches You Wabash (NYSE: WNC) is the visionary leader of connected solutions for the transportation, logistics and distribution industries that is Changing How the World Reaches You™. Headquartered in Lafayette, Indiana, the company enables customers to thrive by providing insight into tomorrow and delivering pragmatic solutions today to move everything from first to final mile. Wabash designs, manufactures, and services a diverse range of products, including: dry freight and refrigerated trailers, flatbed trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade processing equipment. Learn more at Investor Relations: Jacob Page Sr. Analyst, Corporate Development & IR (765) 414-2835

Wabash Schedules Second Quarter 2025 Earnings Conference Call
Wabash Schedules Second Quarter 2025 Earnings Conference Call

Yahoo

time11-07-2025

  • Business
  • Yahoo

Wabash Schedules Second Quarter 2025 Earnings Conference Call

LAFAYETTE, Ind., July 11, 2025 (GLOBE NEWSWIRE) -- Wabash (NYSE: WNC) today announced that it will webcast its quarterly earnings conference call to review and discuss its financial results for the second quarter 2025 on Friday, July 25, 2025, beginning at 12:00 p.m. ET. The call and an accompanying slide presentation will be accessible on the "Investors" section of Wabash's website, under "Events & Presentations." The conference call will be accessible by dialing (800) 715-9871, conference ID 9986205. A replay of the call will be available shortly after the conclusion of the presentation. Access to the replay will be available on the "Investors" section of Wabash's website under "Events & Presentations." Wabash's earnings press release, earnings slides and any other related presentation materials will be posted to the "Investors" section of Wabash's website by 7:00 a.m. ET on the date of the earnings call and will remain available following the call. Wabash: Changing How the World Reaches You Wabash (NYSE: WNC) is the visionary leader of connected solutions for the transportation, logistics and distribution industries that is Changing How the World Reaches You™. Headquartered in Lafayette, Indiana, the company enables customers to thrive by providing insight into tomorrow and delivering pragmatic solutions today to move everything from first to final mile. Wabash designs, manufactures, and services a diverse range of products, including: dry freight and refrigerated trailers, flatbed trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade processing equipment. Learn more at Media Contact: Dana StelselDirector, Communications (765) Investor Relations: Jacob PageSr. Analyst, Corporate Development & IR(765)

2 Small-Cap Stocks to Research Further and 1 to Think Twice About
2 Small-Cap Stocks to Research Further and 1 to Think Twice About

Yahoo

time04-07-2025

  • Business
  • Yahoo

2 Small-Cap Stocks to Research Further and 1 to Think Twice About

Investors looking for hidden gems should keep an eye on small-cap stocks because they're frequently overlooked by Wall Street. Many opportunities exist in this part of the market, but it is also a high-risk, high-reward environment due to the lack of reliable analyst price targets. The downside that can come from buying these securities is precisely why we started StockStory - to isolate the long-term winners from the losers so you can invest with confidence. That said, here are two small-cap stocks that could be the next 100 baggers and one that may have trouble. Market Cap: $481.1 million With its first trailer reportedly built on two sawhorses, Wabash (NYSE:WNC) offers semi trailers, liquid transportation containers, truck bodies, and equipment for moving goods. Why Should You Sell WNC? Backlog has dropped by 32.8% on average over the past two years, suggesting it's losing orders as competition picks up High input costs result in an inferior gross margin of 13.9% that must be offset through higher volumes Earnings per share decreased by more than its revenue over the last five years, showing each sale was less profitable Wabash is trading at $11.49 per share, or 12.1x forward P/E. Check out our free in-depth research report to learn more about why WNC doesn't pass our bar. Market Cap: $8.08 billion SPX Technologies (NYSE:SPXC) is an industrial conglomerate catering to the energy, manufacturing, automotive, and aerospace sectors. Why Could SPXC Be a Winner? Annual revenue growth of 13.5% over the past two years was outstanding, reflecting market share gains this cycle Operating profits and efficiency rose over the last five years as it benefited from some fixed cost leverage Earnings per share grew by 25.5% annually over the last two years, massively outpacing its peers SPX Technologies's stock price of $173.03 implies a valuation ratio of 27.2x forward P/E. Is now the right time to buy? Find out in our full research report, it's free. Market Cap: $2.08 billion Pioneering the concept of "agile aerospace" with hundreds of small but powerful satellites, Planet Labs (NYSE:PL) operates the world's largest fleet of Earth observation satellites, capturing daily images of our planet to provide insights on deforestation, agriculture, and climate change. Why Are We Positive On PL? Impressive 21.3% annual revenue growth over the last five years indicates it's winning market share this cycle Additional sales over the last two years increased its profitability as the 27% annual growth in its earnings per share outpaced its revenue Historical investments are beginning to pay off as its returns on capital are growing At $6.85 per share, Planet Labs trades at 7.2x forward price-to-sales. Is now the time to initiate a position? See for yourself in our in-depth research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out 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-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free. Find your next big winner with StockStory today. Find your next big winner with StockStory today Sign in to access your portfolio

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