Latest news with #municipal
Reuters
6 hours ago
- Business
- Reuters
UK's Pentair raises annual profit forecast on favorable market trends
July 22 (Reuters) - Water technology firm Pentair (PNT.F), opens new tab on Tuesday raised its adjusted profit forecast for the full year, citing its optimism over capitalizing on growing demand for water solutions and aging infrastructure across commercial and municipal sectors. The company now expects 2025 adjusted earnings between $4.75 and $4.85 per share, up from its previous view of $4.65 to $4.80 per share, versus analysts' estimate of $4.76 per share, according to data compiled by LSEG. "We are well positioned to capture opportunities from favorable secular trends in water availability, increased awareness of water challenges, aging commercial, public and municipal infrastructure, outdoor healthy living and favorable housing migration," CEO John Stauch said. Stauch added that the company is ready to capture higher demand once the residential market returns to growth. The UK-based company provides residential and industrial water technology products and services across 150 countries. It operates through three segments – Industrial & Flow Technologies, Water Solutions, and Pool. Pentair makes filtration products for a range of industries, along with water pump solutions used in flood control, fire suppression, and residential applications. It also produces pumps, heating systems, and LED lighting for swimming pools, as well as water filtration systems for household use. The company reported an adjusted profit of $1.39 per share for the quarter ended June 30, above analysts' estimates of $1.34 per share. Quarterly revenue rose 2.2% to $1.12 billion, in line with analysts' estimates. Pentair previously implemented price hikes and pre-purchased its inventory to offset any potential impact from President Donald Trump's tariff policies, while also taking steps to reduce its dependence on China for its supply chain needs.
Yahoo
3 days ago
- Politics
- Yahoo
Competitive races shape up as filing ends
TRIAD — The conclusion of the municipal candidate filing period has left one area mayor facing opposition, one unopposed and one retiring from elected politics. Candidate filing, which began July 7, concluded at noon Friday. Voters will settle races for mayors, city or town councils and municipal school boards in the Nov. 4 general election. In Thomasville, Mayor Raleigh York will face a general election challenge from Thomasville City Schools Board of Education Chairwoman Wendy Sellars, a former Thomasville councilwoman, and currant Councilman JacQuez Johnson. Eleven candidates are running for four seats on the Thomasville City Council. They are incumbents Doug Hunt, Scott Styers and D. Hunter Thrift and challengers Erika Sanders, Ed Craddock, Adam Leisure, Richard Flippin, Tommy Bryant, Kareem Grant Sr., Joe Lambert and Dana Lomba. Councilman Neal Grimes didn't seek reelection. In the Thomasville City Schools Board of Education race, five candidates filed. They are incumbents Ja'Quez Taylor and Tiffany Baluka-Brannon and challengers Michael Sinkler, Malcolm Richbourg and L. Jeremiah McCauley. Voters will fill two seats. There are no municipal primaries for cities and towns in Davidson County. In Jamestown, Councilwoman and Mayor Pro Tem Rebecca Mann Rayborn will take on challenger Susan Clinard Dickenson in the race to succeed Mayor Lynn Montgomery, who isn't seeking another term after eight years in office. Seven candidates are seeking two seats on Jamestown Town Council in a race with no incumbents. Councilwoman Martha Wolfe didn't seek another term, and the other seat is held by Rayborn who's running for mayor. The council candidates are Jim Gibson, Phyllis Bridges, Cliff Paddock, Richard Clapp, Darren Myers, Jim Westmoreland and Shakinah Simeona-Lee. Jamestown voters will go to the polls Oct. 7 in a primary to narrow the council candidates from seven to four for the general election ballot. There's no primary for the mayor's contest. In Wallburg, Mayor Allen Todd and Councilmen Zane Hedgecock and Steve Yokeley are unopposed on the ballot. Municipal races in Guilford, Davidson and Randolph counties are nonpartisan, meaning the party affiliation of the candidates doesn't appear on the ballot. Winners of the general election will take office in December. Solve the daily Crossword
Yahoo
4 days ago
- Politics
- Yahoo
Longtime Jamestown mayor will retire
Not in play The cities of High Point, Archdale and Trinity won't hold municipal elections this year. Archdale and Trinity will stage elections in 2026 while High Point's next elections are in 2027. {related_content_uuid}bbd2addc-b25f-4a62-bcbf-468f53f7f0fd{/related_content_uuid} TRIAD — Jamestown Mayor Lynn Montgomery won't seek another term as she retires from elected politics. 'I've had the honor of serving the citizens of Jamestown for 14 years,' she told The High Point Enterprise on Wednesday. Montgomery has served eight years as mayor after six years as a councilwoman. Montgomery's time in office coincided with the revitalization of downtown as a destination for restaurants, entertainment venues and retail stores. She also has served during the completion of Jamestown Parkway, the bypass highway. Montgomery said she will spend time traveling after retiring from politics. She will serve through her current term that ends in December. Mongomery's decision comes as the candidate filing period for this year's municipal elections concludes at noon Friday. Jamestown Councilwoman and Mayor Pro Tem Rebecca Mann Rayborn has filed to run for mayor. Challenger Shakinah Simeona-Lee has filed for Jamestown Town Council. Jamestown voters will fill the council seats held by Rayborn and Councilwoman Martha Wolfe. Candidate filing for area races that include mayors, city or town councils and municipal school boards began July 7. Voters will settle the races in the Nov. 4 election. Here's a look at candidate filing as of Wednesday: Thomasville * Thomasville City Schools Board of Education Chairwoman Wendy Sellars, a former Thomasville councilwoman, has filed for mayor. Her school board seat isn't before the voters this year, meaning she could stay on the city education board if she's not elected mayor. * Thomasville Councilman JacQuez Johnson also filed for mayor. His council seat isn't on the ballot this year, meaning he could remain a councilman if he's not elected mayor. * Mayor Raleigh York hadn't filed as of Wednesday afternoon. * Thomasville voters are assured of a competitive race for council with nine candidates filing for four seats. The candidates so far are incumbent Doug Hunt and challengers Erika Sanders, Ed Craddock, Adam Leisure, Richard Flippin, Tommy Bryant, Kareem Grant Sr., Joe Lambert and Dana Lomba. * The three other incumbents whose seats are before the voters this year are Neal Grimes, D. Hunter Thrift and Scott Styers. * In another race, incumbents Ja'Quez Taylor and Tiffany Baluka-Brannon and challengers Michael Sinkler and Malcolm Richbourg have filed for the Thomasville City Schools Board of Education. Voters will fill two seats. Wallburg * Mayor Allen Todd has filed for reelection as have Councilmen Zane Hedgecock and Steve Yokeley. Wallburg voters will select a mayor and two councilmembers. Municipal races in Guilford, Davidson and Randolph counties are nonpartisan, meaning the party affiliation of the candidates won't appear on the ballot. Solve the daily Crossword
CTV News
5 days ago
- Politics
- CTV News
Former Rick Chiarelli staffers speak out at Bill 9 hearing in Ottawa
Critics say an Ontario bill that would allow municipal councils to oust bad actors sets the bar too high to be effective. CTV's Natalie van Rooy reports.
CBC
5 days ago
- Politics
- CBC
Here are the latest candidates and parties entering the race for Montreal mayor
Former Projet Montréal city councillor Craig Sauvé is running for mayor with a new party. The Montreal municipal elections is shaping up to be one of the most open races in decades with no mayor running for re-election and six city-wide parties registered in the race so far.
