Latest news with #mitigation
CBC
21-05-2025
- Climate
- CBC
Flood season: What officials say Calgarians need to know
Calgary has entered its high river flow season, and while flood risk this year is low, and mitigation projects are making the city more resilient, officials and experts say there's always a risk.
Bloomberg
16-05-2025
- Business
- Bloomberg
Edison Plans $6.2 Billion Fire-Prevention Plan After LA Blazes
Four months after devastating wildfires swept across Los Angeles, Edison International 's Southern California utility submitted a $6.2 billion mitigation plan that includes installing hundreds of miles of underground distribution lines, among other measures. The utility plans to make the investment over three years starting in 2026 and ending in 2028, according a statement. The proposal calls for the installation of at least 440 circuit miles of covered conductors and at least 260 circuit miles of underground distribution lines, as well as support for aerial firefighting assets like the world's largest helitankers with nighttime firefighting capabilities.
Yahoo
08-05-2025
- Business
- Yahoo
Bruker Corp (BRKR) Q1 2025 Earnings Call Highlights: Strong Revenue Growth Amidst Market Challenges
Bruker Corp ( NASDAQ:BRKR ) is implementing mitigation actions, including pricing strategies and supply chain reengineering, to offset more than half of the operating profit headwinds in 2025, with full offset expected by 2026. Story Continues Q & A Highlights Q: Could you elaborate if there was any pull forward in the quarter because of the tariff worries or any other worries in the market that the customers might have had? And are you making any impact from that as a result of that pull forward? A: There really wasn't any pull forward due to tariffs or ACA/GOV. However, the UK 1.2 gigahertz system installation went smoothly and was completed in Q1 instead of Q2, but this wasn't market-driven. We don't see any cancellations in China yet, but there are delays due to customers not being able to pay the extra 125% import duties. In the US, we see uncertainties and delays but no cancellations yet. Q: When we think about the offsets of the AI chips onshoring of that, the funding initiatives in Germany, maybe lower interest rates, can you walk us through how are you thinking about some of those offsets potentially mitigating the impact maybe into the second half? A: AI remains strong, and our tools are essential for AI advancements. We see strong demand from companies like CMSE. German and Korean stimulus funding, European defense spending, and semiconductor metrology strength are positive trends. While these may not significantly impact this year's revenue, they are expected to provide tailwinds for 2026 and beyond. Q: Could you talk about how you would respond to a potential 20-25% cut to next year's US academic government budget? A: We are committed to resuming significant margin expansion by 2026. Our operational excellence and integration strategies remain intact, though this year we're playing defense. Growth drivers like biopharma recovery, AI, European investments, and clean energy projects will play a bigger role next year. We expect US ACA/GOV to be weak next year but likely growing compared to this year's disruptions. Q: Can you talk through the confidence level of offsetting tariffs into 2026 and preserving that number? A: We're taking additional pricing actions and exploring supply chain alternatives, such as final assembly in different regions. Cost actions are significant, with $30 million expected this year. Supply chain reengineering will have a more substantial effect next year. We're confident in offsetting more than half of the margin headwinds this year and fully by 2026. Q: Can you talk to us about your expectations for bookings going forward? Do you think we've kind of hit bottom on orders? A: The academic order weakness is just beginning, with the brunt expected in Q2 and Q3. Despite this, we expect to end the year with a 6.5- to 7-month backlog, indicating strength in other areas. Our long-term normalized backlog should be around 5x, and we anticipate maintaining a high backlog level. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus.
CTV News
06-05-2025
- General
- CTV News
Calgary communities river action group calls for faster work on Bow River flood protections
An advocacy group says the province's efforts to build a flood mitigation project at the Ghost reservoir are taking too long and could put communities at risk.
Yahoo
06-05-2025
- Business
- Yahoo
North Sioux City Commission seeks additional flood mitigation plan
NORTH SIOUX CITY, S.D. — The City Commissioners are seeking a third possible plan to mitigate flooding in the short term while county and state officials find a long-term plan. The commission said the Union County Emergency Management's flood mitigation plan could take 10 years to implement. North Sioux City Commissioners have requested plans that could be put in place within the next three to five years. Sioux City City Council votes on changes to DEI policies Two plans would change how water would be directed into McCook to prevent shore erosion and property damage. Monday, members of the Commission asked for a third option. 'That could divert that water over to an area called Good Enough Lake, which flows into Mud Lake. That would totally bypass McCook Lake,' Mayor Chris Bogenrief said. 'We don't know if it's a viable option, but it's worth looking into. ' Bogenrief hopes to have that alternative plan at the May 12 commissioners meeting to discuss. Commissioners also received their appointments to city departments. Jessica Strain was selected for the Public Safety department, Vince Tucker was chosen for Public Works. The Utilities department will be served by Julie Burhoop, and the Finance department will be served by Lynette Hoffman. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. For the latest news, weather, sports, and streaming video, head to SiouxlandProud | Sioux City, IA | News, Weather, and Sports.
