Latest news with #Pinole
Yahoo
12-06-2025
- Yahoo
Man facing murder charges after elderly Pinole woman dies following assault
PINOLE, Calif. - A Richmond man is facing murder and elder/dependent adult abuse charges after police said an elderly woman in Pinole was attacked and died from her injuries. Police said a suspect, later identified as 27-year-old Miguel Patino, assaulted 76-year-old Vera Rowsey and another victim while they were walking their dog near Bayfront Park in Pinole on May 28 with a blunt object. The attack occurred around 2 p.m., police said. After the attack, Rowsey was taken to a hospital, where she later died on June 4. Following her death, the Contra Costa County District Attorney's Office charged Patino with murder, in addition to aggravated battery, assault with a deadly weapon other than a firearm, and elder/dependent adult abuse charges he was already facing. Patino remains behind bars at the Martinez Detention Facility on $1.12 million bail. What we don't know The motive behind the assault and the circumstances leading up to it remain unclear at this time. It's also unclear if the victims and suspects knew each other and if the assault was targeted or not. Authorities did not share any details regarding the condition of the other victim. What they're saying "Vera Rowsey was a beloved member of our Pinole community—we extend our deepest condolences to her family, impacted by this senseless act of violence," said Pinole Mayor Cameron Sasai. "We thank our officers for their swift response and remain committed to supporting the path to justice and healing." The Source Pinole Police Department
Yahoo
09-06-2025
- Climate
- Yahoo
Earthquake shakes East Bay on Sunday night
(KRON) — An earthquake shook in the East Bay on Sunday night, according to the United States Geological Survey (USGS). A preliminary 3.4 earthquake was reported near Pinole at around 9:30 p.m. The epicenter is in the San Francisco Bay near the shoreline of Pinole Shores Park. The epicenter is about one mile away from Pinole. The earthquake's depth is listed to be 9.4 kilometers (or about 5.84 miles), according to USGS. The earthquake was felt in San Pablo, Martinez and other parts of the East Bay. This story will be updated. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
CBS News
09-06-2025
- Climate
- CBS News
Preliminary 3.4 magnitude strikes near Pinole, USGS says
A preliminary 3.4 magnitude earthquake struck near Pinole Sunday night, according to the United States Geological Survey. The epicenter of the earthquake was just off the coast of Pinole, according to the USGS. Weak to light shaking was reported in the surrounding areas. This is a developing story.
Forbes
29-05-2025
- Business
- Forbes
Is SHW Stock Trading Too High?"
PINOLE, CALIFORNIA - OCTOBER 22: A sign is posted in front of a Sherwin-Williams paint store on ... More October 22, 2024 in Pinole, California. (Photo by) Sherwin-Williams Co (NYSE: SHW) stock has increased by 18% over the past year, outperforming the S&P 500, which has risen nearly 12%. This increase prompts an important question for investors: Is SHW stock currently overpriced, and could it face a notable decline, possibly by 20-25% or even 30% down to $250? Well, here's the issue – at approximately $359 per share, SHW stock seems costly. It's trading at almost 28 times its free cash flow from the last twelve months. To provide some context, this equates to a modest cash flow yield of about 3.6%. In comparison, Nvidia, a front-runner in the AI industry with over 80% average revenue growth in recent years, trades at a multiple of 50 times cash flow. In contrast, Sherwin-Williams' revenue growth has been significantly lower, around 5% over the last three years, and an insignificant 0.2% in the past twelve months, making it challenging to justify such a high multiple. The price you pay is important. We have developed the Trefis High-Quality Portfolio to focus on relative valuation. Notably, HQ has achieved over 91% return since its inception and has outperformed the S&P, Nasdaq, and Dow — all of them. Sherwin-Williams' current valuation is based on its record consolidated net sales of $23.10 billion reported for 2024, spurred by growth in the Paint Stores Group. Diluted net income per share increased by 14.1% to $10.55, and adjusted EBITDA rose by 6.0% to $4.49 billion. The company also produced strong cash flow, with $3.15 billion in net operating cash, and returned $2.46 billion to shareholders through dividends and share repurchases. See Buy or Fear SHW stock. Moreover, Sherwin-Williams has consistently expanded its retail presence, opening new stores to capture a larger share of the market. This expansion, along with effective pricing strategies, has bolstered sales and margins in key sectors. The company has undertaken cost-saving measures, including supply chain optimization and productivity improvements, leading to enhanced margins. These initiatives have allowed Sherwin-Williams to manage market difficulties effectively. While Sherwin-Williams has experienced a healthy level of operational profitability historically, the company has recently projected lower-than-anticipated annual profits, raising concerns about short-term growth. SHW has noted weak demand in significant end markets such as housing, automotive, and aerospace. As a result, SHW should be valued more comparably to other companies achieving 5% revenue growth. That is, if it can even maintain that growth. Additionally, there is the challenge of raw material price fluctuations. The production of paints and coatings heavily depends on raw materials like titanium dioxide and petrochemical derivatives. Increases in these prices can squeeze margins. SHW may not always have the ability to pass on higher costs to consumers, particularly in competitive markets. SHW is the largest paint and coatings company in the U.S., holding a leading position in North America's professional paint sector. It operates over 5,000 company-owned stores, affording it unparalleled control over distribution and pricing. Even in cyclical downturns, long-term demand for housing, renovations, and urban development supports SHW's growth. Furthermore, the aging housing stock in the U.S. generates a constant need for repainting and maintenance. Investing in a single stock inherently involves risks. Conversely, the Trefis High Quality (HQ) Portfolio, which comprises 30 stocks, has consistently outperformed the S&P 500 over the last four-year period. Why is that? As a collection, HQ Portfolio stocks have yielded better returns with lower risk compared to the benchmark index, resulting in a less volatile experience as demonstrated in HQ Portfolio performance metrics.
CBS News
19-05-2025
- CBS News
Bay Area teen drowns near Lake Havasu's Copper Canyon
LAKE HAVASU – A Bay Area teenager drowned in Lake Havasu near Copper Canyon on Saturday, the San Bernardino County Sheriff's Department said. The department's Colorado River Station responded to a report that a man, identified as 18-year-old Simon Daniel of Pinole, California, possibly drowned near Copper Canyon on Lake Havasu around 3 p.m. on Saturday. Authorities said Daniel went underwater for unknown reasons but never resurfaced. Divers were immediately deployed in the area where Daniel was last seen in the water. Dive operations were suspended and search crews used sonar scanning until darkness fell. Search crews located Daniel's body Sunday morning, deputies said.
