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Globe and Mail
16 minutes ago
- Globe and Mail
Primoris Services Corporation Schedules Second Quarter 2025 Earnings Conference Call and Webcast
Primoris Services Corporation (NYSE: PRIM) ('Primoris' or 'the Company') today announced it will report second quarter 2025 financial results on Monday, August 4, 2025, after market close. The Company's press release will be available on the Primoris website at In conjunction with the press release, management will host a conference call and webcast on Tuesday, August 5, 2025, at 9:00 a.m. U.S. Central Time (10:00 a.m. U.S. Eastern Time), to discuss the Company's second quarter 2025 results and business outlook. Interested parties are invited to dial-in at 1-800-715-9871, or from outside the U.S. at 1-646-307-1963, using access code: 1324356, or by asking for the Primoris conference call. A link to the webcast will be accessible from the 'Investors' section of the Company's website at A replay of the conference call will be available Tuesday, August 5, 2025, beginning at 5:00 p.m. U.S. Central Time for seven days. The phone number for the conference call replay is 1-800-770-2030 using access code: 1324356 followed by the # key. The replay of the webcast will also be available on the Company's website following the end of the live call. About Primoris Primoris Services Corporation is a leading provider of critical infrastructure services to the utility, energy, and renewables markets throughout the United States and Canada. We deliver a range of engineering, construction, and maintenance capabilities that power, connect, and enhance society. On projects spanning utility-scale solar, renewables, power delivery, communications, power generation, and transportation infrastructure, we offer unmatched value to our clients, a safe and entrepreneurial culture to our employees, and innovation and excellence to our communities. To learn more, visit and follow us on social media at @PrimorisServicesCorporation.
Globe and Mail
16 minutes ago
- Globe and Mail
Securities Fraud Investigation Into Lockheed Martin Corporation (LMT) Announced – Investors Who Lost Money Urged To Contact The Law Offices of Frank R. Cruz
The Law Offices of Frank R. Cruz announces an investigation of Lockheed Martin Corporation ('Lockheed' or the 'Company') (NYSE: LMT) on behalf of investors concerning the Company's possible violations of federal securities laws. IF YOU ARE AN INVESTOR WHO LOST MONEY ON LOCKHEED MARTIN CORPORATION (LMT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS. What Is The Investigation About? On July 22, 2025, Lockheed released its second quarter 2025 financial results, reporting sharply lower second-quarter earnings, including $1.6 billion in program losses . The Company disclosed it was forced to recognize $950 million in losses related to its Aeronautics Classified program due to 'design, integration, and test challenges, as well as other performance issues' as well as 'significant changes to its processes and testing approach.' The Company also reported $570 million in losses on its Canadian Maritime Helicopter Program due in part to providing 'additional mission capabilities, enhanced logistical support, fleet life extension, and revised expectations regarding flight hours.' The Company further reported a $95 million charge related to its Turkish Utility Helicopter Program due to the 'current status of the program.' The Company stated it is in 'ongoing discussion' with its customers regarding a potential 'restructure' of certain contractual terms and conditions. On this news, Lockheed's stock price fell as much as 9% during intraday trading on July 22, 2025, thereby injuring investors. Contact Us To Participate or Learn More: If you purchased Lockheed securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us: The Law Offices of Frank R. Cruz, 2121 Avenue of the Stars, Suite 800, Century City, California 90067 Call us at: 310-914-5007 Email us at: info@ Visit our website at: Follow us for updates on Twitter at If you inquire by email, please include your mailing address, telephone number, and number of shares purchased. This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
CBC
17 minutes ago
- CBC
Nova Scotia's first land-for-housing project opens, 4 years after program launched
The Progressive Conservatives are making the first delivery of a promise made four years ago to turn surplus provincial land into affordable housing. Starting shortly after they were first elected in 2021, the PCs opened several calls for bids on land around the province with the intention of tying an agreement to each sale requiring some degree of affordability. A vacant lot on Circassion Drive in Cole Harbour went to non-profit housing developer Rooted — formerly known as the Dartmouth Non-Profit Housing Society — and was the first land-for-housing project to get underway. The project was recently completed and an 18-unit apartment building started taking tenants this month. Tenants in half the units are paying about 50 per cent below market rates. Eligibility is based on income. "This is smart public investment and we're proud to be delivering on it," said Nick Russell, CEO of Rooted, speaking at a ribbon-cutting event at the site Tuesday. According to property records, the province sold the quarter-hectare lot to Rooted for $720,000. The province said it put $4.5 million into the build, including $1.4 million from provincial coffers and $3.1 million from a federal fund the province manages under Canada's National Housing Strategy. Growth and Development Minister Colton LeBlanc said this case shows the land-for-housing program has been effective. But he acknowledged it's had challenges, pointing to the rising cost of construction and red tape that has to be cut through before building can even get underway. "We want to do more, and more of it faster. And as a government, we will do everything within our control to speed up those opportunities, those processes," he said. CBC News has asked the Department of Growth and Development for an update on the program. As of last year, the Circassion Drive project was the only land-for-housing project under construction, with seven others waiting for approvals. Two projects had dropped out after developers found the land to be unsuitable for development. Old apartment buildings purchased The province and Rooted have also partnered on the purchase of two existing apartment buildings on Gaston Road in Dartmouth, with the aim of keeping rents low in all units — 60 in one building and 24 in the other. Rooted is taking the buildings over from for-profit landlord Vida Living. Rents in the two buildings will be about 50 per cent below market rates. "It's about stability and making sure that those tenants feel comfortable and safe and in their communities," said Russell. Russell said the buildings — one of which was constructed in 1970 and the other in 1983 — need some maintenance and retrofitting. He said no tenants will be asked to leave for the work to happen. Dylan Ward, director of development for Rooted, said acquisition is "one of the most practical, high-impact strategies" for non-profits to expand their portfolios and protect affordable housing stock. He said Rooted is looking to do more of it. "What makes acquisition so powerful is that it removes housing from the speculative market permanently," said Ward. "Non-profit ownership ensures long-term affordability, tenant engagement and building improvements without the pressure to sell or price people out," he added. According to property records, Rooted paid $7.8 million for a 60-unit building and $3.1 million for the 24-unit building. Rooted bought the buildings on Gaston Road and will do some renovations with the help of $11.1 million from the province, including a loan of $8.9 million and $2.2 million in grants.
