Latest news with #Dougherty
Time of India
02-07-2025
- Business
- Time of India
US defence 'made in China': Is Washington ready for war with Beijing - or too dependent to fight?
AI-generated image Despite years of warnings and efforts to decouple, the United States defense industrial base remains alarmingly reliant on China, the very nation it might one day have to confront in battle. A new report from data analytics firm Govini paints a sobering picture of America's war readiness, raising the question: could the US actually sustain a conflict with China, or is it too entangled in its rival's supply chains? The report reveals that Chinese firms supply nearly one in ten critical components for major US defense programs, including missile defense, nuclear systems, and space technology. It highlights how deeply Beijing's industries are woven into America's military supply chains, with particular reliance on Chinese-made parts in missile defense, and on critical minerals dominated by China's production. Chinese parts in US defense According to Govini's National Security Scorecard, released this week, Chinese firms made up 9.3% of primary contractors, known as Tier 1 suppliers, for major US defense programs across nine critical sectors in 2024. These sectors include aviation, maritime, command and control systems, nuclear, missile defense, and space. The report further noted how deeply Chinese suppliers were embedded in vital military supply chains. The missile defense sector, key to protecting the US from attack, had the highest reliance: 11.1% of Tier 1 suppliers were Chinese. Even the nuclear sector, where security stakes are at their highest, counted on Chinese suppliers for 7.8% of its components, more than any other foreign country. 'US not prepared for war with China' 'The United States is not prepared for the war that we may have to enter if China said, 'today is the day',' South China Morning Post quoted Tara Dougherty, Govini's CEO saying. While the dependence is clear, fully eliminating Chinese suppliers is not so simple. Dougherty cautioned against viewing decoupling as a silver bullet. 'I'm not even sure that eradicating China from the supply chain is the right goal,' she said, adding, 'I think it's about dissecting these platforms into what's critical and what's not.' One area of particular concern was critical minerals, as per the report. It noted that hundreds of weapon systems, from jets to ships to missiles, depended on minerals like antimony, gallium, germanium, tungsten and tellurium. China dominates global production of these materials. In fact, Govini found that 78% of US weapon systems could be affected by Chinese export curbs on these minerals. This vulnerability was highlighted by Beijing's recent restrictions on rare earth exports as part of its broader tech and trade tensions with Washington.
Yahoo
01-07-2025
- Business
- Yahoo
5 Insightful Analyst Questions From Keysight's Q1 Earnings Call
Keysight's first quarter results came in ahead of Wall Street's revenue and profit expectations, reflecting steady demand across its core markets. Management credited the performance to strong order growth in the Communications Solutions Group, particularly from data center infrastructure and wireline network customers, as well as stabilization in the Electronic Industrial Solutions Group. CEO Satish Dhanasekaran highlighted that 'R&D investments in 1.6 terabyte electrical and optical technologies, as well as expansion of new protocols in AI data center networks, are fueling demand,' emphasizing a technology-driven recovery. Is now the time to buy KEYS? Find out in our full research report (it's free). Revenue: $1.31 billion vs analyst estimates of $1.28 billion (7.4% year-on-year growth, 1.8% beat) Adjusted EPS: $1.70 vs analyst estimates of $1.65 (3.3% beat) Adjusted EBITDA: $361.4 million vs analyst estimates of $352.5 million (27.7% margin, 2.5% beat) Revenue Guidance for Q2 CY2025 is $1.32 billion at the midpoint, above analyst estimates of $1.30 billion Adjusted EPS guidance for Q2 CY2025 is $1.66 at the midpoint, below analyst estimates of $1.69 Operating Margin: 15.8%, up from 14.6% in the same quarter last year Backlog: $2.35 billion at quarter end, up 4.3% year on year Market Capitalization: $28.28 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. Tim Long (Barclays) asked about the significance of AI-related activity and pipeline visibility for the second half. CEO Satish Dhanasekaran said AI is a long-term opportunity, with double-digit wireline growth and a solid project pipeline supporting their outlook. Matt Niknam (Deutsche Bank) sought clarity on the sources of improved guidance and strong cash flow. Dhanasekaran attributed the higher outlook to order momentum and backlog, while CFO Neil Dougherty noted working capital improvements and a one-time gain on a currency hedge. Mark Delaney (Goldman Sachs) questioned the magnitude and mitigation of tariff exposure. Dougherty explained the $75–100 million annualized gross impact would be gradually offset by supply chain changes and price adjustments, with full mitigation by next year. Aaron Rakers (Wells Fargo) inquired about incremental operating margins above 5% revenue growth and the wireless business's sustainability. Dougherty reiterated the 40% incremental margin target, noting tariffs as a temporary drag, while Dhanasekaran highlighted stronger infrastructure demand in wireless. Meta Marshall (Morgan Stanley) asked about defense order trends and China's tariff exposure. Dhanasekaran said U.S. and European defense orders grew despite government budget constraints, while Dougherty estimated China-related tariff exposure at less than 10% of the total. In the coming quarters, the StockStory team will closely monitor (1) the pace of AI-driven demand and adoption of new networking standards, (2) the effectiveness and timing of Keysight's tariff mitigation initiatives, and (3) continued growth in software and simulation revenue as a share of the total business. Updates on regulatory approvals and integration for pending acquisitions will also be key factors to watch. Keysight currently trades at $164.69, up from $162.51 just before the earnings. At this price, is it a buy or sell? Find out in our full research report (it's free). The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. 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.
Yahoo
26-06-2025
- Business
- Yahoo
New York offering up to $750K for facility decarbonization projects
This story was originally published on Facilities Dive. To receive daily news and insights, subscribe to our free daily Facilities Dive newsletter. New York state is offering up to $750,000 in state cost-sharing funding for building and campus decarbonization efforts that use ground-source heat pumps, waste heat recovery, thermal energy storage and other low-emissions technologies. Applications are due July 31. The New York State Energy Research and Development Authority's Large-Scale Thermal program encourages property owners to pursue high-efficiency, 'grid-friendly' electrification projects, NYSERDA Program Manager Sue Dougherty said in a presentation at the International District Energy Association annual conference earlier this month. The $10 million program is open to systems that provide heating, cooling and hot water to single buildings with at least 100,000 square feet of conditioned space or multibuilding campuses with at least 250,000 conditioned square feet, NYSERDA says. State funding opportunities like the Large-Scale Thermal program are key to New York's efforts to significantly reduce the environmental impact of its roughly 6 million buildings in the coming decades, Dougherty said. The state wants 85% of its buildings to use clean heating technologies like heat pumps and thermal energy networks by 2050, the same year its statutory net-zero statewide GHG emissions target kicks in. 'We're not going to do all *6 million buildings, and we really don't have to,' Dougherty said. 'But we will need to do a significant number, and our solutions will need to address existing, older buildings and newer buildings getting built [today].' The Large-Scale Thermal program is accepting applications for its third funding round through July. Successful applicants will receive state funding equal to 50% of total project design costs, with maximum funding up to $300,000 for new construction and $750,000 for existing buildings. The project economics tend to work best for existing facilities with aging heating and cooling infrastructure, new construction and larger buildings or campuses that can achieve 'economies of scale,' Dougherty said. The program considers a wide range of high-efficiency, low-emissions heating and cooling technologies, Dougherty said. These include, but are not limited to, heat pumps that tap into ground, air and surface water resources; building and wastewater heat recovery systems; solar thermal systems; and thermal energy storage systems. 'We are looking for opportunities to help [building owners] accomplish a goal, not prescribing how it's done,' she said. NYSERDA is particularly interested in 'grid-friendly' projects that can shift electric loads away from periods of peak demand by participating in utility demand response programs or using on-site thermal energy storage, Dougherty added. 'We are hoping we can continue to increase the growth of thermal storage and other solutions that can take strain off the grid,' she said. This latest effort complements prior state-led initiatives to decarbonize facilities, campuses and neighborhoods. Beginning in 2021, for example, the Community Heat Pump Systems program funded feasibility studies, design phases or construction for thermal energy networks at more than 50 sites across New York. Dougherty called out several in her presentation, including a ground-source heat pump system at a pair of new residential towers in Brooklyn, a feasibility study to replace a district steam loop with an ambient-temperature water loop and wastewater heat recovery system at an 18-building housing cooperative in the Bronx, and a feasibility study to swap a gas-fired steam system and distributed air-cooled chillers for a lower-temperature water loop on part of the Cornell University Agricultural Experiment Station's campus. The New York City projects' space-constrained sites made them useful references for property owners or developers considering thermal energy systems in similarly dense urban environments, Dougherty said. The Brooklyn project is an excellent reference for geothermal borefield design on tight construction sites, she said. A NYSERDA project narrative indicates the Bronx proposal would boost system efficiency by tapping complementary heating and cooling loads from a nearby nursing home, community center and mixed-use commercial building. The Cornell University project shows facility decarbonization doesn't have to be an all-or-nothing endeavor, Dougherty said. The project area will initially retain a gas-fired boiler for peak heating season, in part because the network will serve a research greenhouse that needs to maintain a constant year-round temperature, she said. 'We understand that this is a transition,' Dougherty said. 'We don't expect projects to come to us and tell us they're going to electrify everything tomorrow.' Recommended Reading UAlbany decarbonization project to cut fossil fuel consumption 16% Sign in to access your portfolio
Yahoo
18-06-2025
- Business
- Yahoo
Oak Park Heights accepting applications for city council seat after death of longtime mayor
The death of longtime Oak Park Heights Mayor Mary McComber last month left an opening on the city council and necessitated a change in leadership. Former Deputy Mayor Chuck Dougherty is now mayor, and council member Mike Runk has been appointed deputy mayor. The council is accepting applications from candidates interested in filling the vacant city council seat. The deadline for applying is July 3; applications can be found on the city's website or at City Hall. The appointed council member will serve until a special election in November 2026; Dougherty will serve as mayor until a special election at the same time. Both special elections would be for a two-year term to finish McComber's and Dougherty's remaining terms, said City Administrator Jacob Rife. Dougherty has served on the council since 2013. Prior to that, he served on both the parks commission and the planning commission. 'I am honored and grateful for the trust the Oak Park Heights City Council has placed in me by appointing me as mayor of our city,' Dougherty said. 'Mayor McComber left some big shoes to fill, but in this time of transition, I am committed to providing steady leadership and ensuring continuity for our community.' McComber, 71, died May 26 at her home in Oak Park Heights of complications related to Stage 4 metastatic breast cancer. She served for 12 years on the Oak Park Heights City Council before running for mayor in 2012. Health care union authorizes strike at Stillwater Medical Group Oak Park Heights announces new mayor, available council seat Here's how the 2025 MN Legislature impacted Ramsey, Washington, Dakota counties More than 40 vendors expected for Stillwater area Food Truck Extravaganza Washington County Sheriff Dan Starry will not run for a third term
The Irish Sun
18-06-2025
- Entertainment
- The Irish Sun
Woman says she's been pregnant for 21 YEARS with 11 kids but some say she's ‘addicted' & hasn't ‘heard of contraception'
MANY people know that being pregnant can come with feeling nauseous and exhausted. However, this clearly hasn't put off one woman who has revealed she's been Advertisement 3 Heather Stockton has been pregnant for a whopping 21 years Credit: Tiktok/@heatherruth 3 Heather and her pastor husband share 11 kids and love their busy life Credit: Tiktok/@lizziedarlene US-based Heather Stockton shared how she's been pregnant in 2003, 2004, 2005, 2006, 2008, 2009, 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 2024 and 2025. On her While many people questioned why she doesn't have 21 kids as a result, others pointed that you can be pregnant over the course of two years, even if each pregnancy is just nine months. Many people were flabbergasted at the staggering amount of time she has been pregnant. Advertisement More on pregnancy One said: 'Pregnancy addiction needs to be studied.' Another added: 'It's ok to be on birth control.' And a third commented: 'So basically your whole life?……..ok!' However, despite any negative comments, Heather insisted that she loves her busy life and large family. Advertisement Most read in Fabulous She shared: 'Hi! My name is Heather. 'I am happily married and a mum to 11 kids. 'I keep thinking I can't get any bigger' exhausted mum-to-be sighs as she leaves people 'wincing' with her GIANT bump 3 Many people were shocked at how many years she has been pregnant Credit: Tiktok/@heatherruth "My days are very full as a pastor's wife and a stay-at-home mom-AND I absolutely love it!' Advertisement In another video, she showed how she prepares a This includes frying a pan full of sausages and making homemade muffins. One person responded to the behind-the-scenes clip, and said: 'Love this! Your family is so blessed.' Another shared: 'Beautiful family.' Advertisement The world's biggest families The Vassilyev family This family currently holds the record for the most children a couple has parented, after the matriarch gave birth to 69 children, including 16 pairs of twins and seven sets of triplets. Mrs. Vassilyev has given birth to a total of 69 children, including 16 pairs of twins and 7 sets of triplets. 67 of the 69 children survived infancy. The Radfords Sue and Noel are parents to 22 children, and their hectic family life is documented in reality show 22 Kids and Counting. The pair have remained adamant that they won't be having any more kids, but the amount of grandchildren they have is ever expanding, with daughters Sophie and Millie both mums of three. The Duggars Michelle and Jim Bob Duggar have 19 children - 10 sons and nine daughters. All of their children's names begin with the letter J. They also had their own reality show in the United States, and became household names because of it. The Bates family Kelly also has 19 children, with her husband Gil Bates. Of 19 deliveries, 14 of them were natural. The couple also have 28 grandchildren, with four more on the way. The Dougherty Dozen Mum Alicia frequently shares videos and pictures of her family. She and husband Josh have four biological children together, as well as adopting or fostering the rest of their brood. The Rosario family Yalancia and husband Michael are parents of 11. They had their first daughter together earlier this year, and are also parents to Jamel, 15, Michael Jr, 11, Angelo, 10, Gimani, seven, Armani, six, Sincere, three and Khaza, two. Their fourth son, also named Armani, was stillborn.
