Latest news with #upgrades
Yahoo
2 days ago
- Business
- Yahoo
Virginia Aquarium major exhibits in need of urgent upgrades, assessment shows
VIRGINIA BEACH, Va. (WAVY) – The one of the state's biggest attractions, is in urgent need of upgrades, according to a recent assessment presented to the Virginia Beach City Council. That assessment determined the useful life of major exhibits at the Virginia Aquarium, including the Seal Tank, Turtle Tank and Shark Tank. These three exhibits are 30 years old. It was determined these exhibits have reached their life expectancy, necessitating immediate repairs to extend their usability. The assessment revealed that approximately $10 million in repairs could extend the life of the aquarium's exhibits by 8 to 10 years. This funding would be jointly provided by the city and the The Virginia Aquarium & Marine Science Center is a collaboration between the City of Virginia Beach and the Virginia Aquarium & Marine Science Center Foundation. The City of Virginia Beach owns and maintains the Aquarium's buildings and grounds. The Foundation procures and maintains the Aquarium's collections, including its fish and animals. Virginia Aquarium now charging for parking In addition to the temporary fixes, a long-term solution involves constructing a new building, which could take up to seven years to complete. The report stresses the urgency of securing funding for the immediate repairs to ensure the exhibits remain operational during this period. There were three separate studies conducted. The interior infrastructure study was facilitated by the Virginia Aquarium Foundation and focused on the conditions of the Seal, Shark and Turtle habitats. An exterior infrastructure study led by Moseley Architects with Thorton Tomasetti as sub-consultants. It focused on the exterior condition. An operating model study conducted by consultant Canopy Strategic Partners examined potential operating models, including the amount of funding needed. The results of the first two studies are what were presented during the June 24 meeting. The results of the third study are expected by year end. Virginia Beach City Council approves Virginia Aquarium funding The Virginia Beach City Council Meeting – Special Formal Session was held on June 24, 2025. You can view the meeting in its entirety on YouTube. The Virginia Aquarium is the third most visited attraction in the Commonwealth, according to the Foundation. The need for upgrades highlights the importance of timely investment to preserve one of Virginia's key attractions. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
3 days ago
- Business
- Yahoo
Circle initiated, Disney upgraded: Wall Street's top analyst calls
The most talked about and market moving research calls around Wall Street are now in one place. Here are today's research calls that investors need to know, as compiled by The Upgrades: Jefferies upgraded Disney (DIS) to Buy from Hold with a price target of $144, up from $100. The firm now sees limited risk of a second half of 2025 Parks slowdown from Epic Universe and macro factors and is more positive on FY26 Cruise upside. Stifel upgraded Oracle (ORCL) to Buy from Hold with a price target of $250, up from $180. The recent "dramatic step-up" in capex and remaining performance obligation gains support management's Cloud growth expectations and these Cloud gains should generate accelerating revenue increases in coming years, the firm tells investors. Wolfe Research upgraded Medtronic (MDT) to Peer Perform from Underperform and no price target. The firm still has long term concerns, but over the next few quarters, Wolfe skews to the view that FY26 estimates seem "a touch favorable." Citi upgraded Linde (LIN) to Buy from Neutral with a price target of $535, up from $500. The company is seeing continued success with project execution and underlying price and productivity, says the firm, which also points to high-quality project backlogs with near-term opportunities and recent success on longer-dated clean hydrogen/ammonia as reasons to "get constructive" on Linde's growth algorithm. Mizuho upgraded Consolidated Edison (ED) to Outperform from Neutral with a price target of $107, up from $105. Shares have been lagging the Utility group over the past three months and the firm views the recent selloff as one that represents "a compelling opportunity" for "a quintessential premium utility." Top Downgrades: More cautious on the name, Argus moved to the sidelines on Regeneron (REGN), downgrading the stock to Hold from Buy. D. Boral Capital downgraded CorMedix (CRMD) to Hold from Buy after CorMedix priced a public offering of 6.6M shares of common stock, raising gross proceeds of approximately $85M. BofA downgraded ProKidney (PROK) to Underperform from Neutral with a price target of $1, down from $3. The downgrade reflects more conservative peak sales for REACT, the company's sole product candidate in development for treatment of diabetic chronic kidney disease, the firm tells investors in a research note. BMO Capital downgraded Tronox (TROX) to Underperform from Market Perform with a price target of $3, down from $7. Due to weak U.S. housing, soft China construction markets, and listless demand in Europe, the demand environment remains challenged, and pricing remains difficult even in tariff-protected areas owing to the soft demand and fierce competition, the firm says. Top Initiations: Needham initiated coverage of Circle (CRCL) with a Buy rating and $250 price target. The firm's thesis is underpinned by USDC dominance as the "reserve asset" in DeFi; share gains on USDT as the GENIUS Act comes into effect; international stablecoin adoption as a conduit for USD growth globally; upside in payments and remittances; operating leverage in the model with many expenses fixed. The firm believes Circle could be a company in a paradigm shifting segment that supports a premium valuation akin to a Tesla (TSLA) or dominant AI company. Meanwhile, JPMorgan started coverage of Circle with an Underweight rating and $80 price target. The firm views Circle as well positioned in the nascent stablecoin market with an early-mover advantage in "what has been a winner-takes-most market," but cites Circle's "elevated" current market capitalization for its Underweight rating. Seaport Research initiated coverage of Chime (CHYM) with a Buy rating and $37 price target. Chime has the "right recipe" for driving ongoing improvement in its financial performance in the coming years, including a strong brand, plenty of greenfield space and an opportunity to deepen its customer relationships, says the firm, which thinks Chime will grow its revenue in the high 20%-low 30% range on an annual basis over the next two years while also having opportunity to improve its profitability and margin profile. Piper Sandler initiated coverage of KKR (KKR) with an Overweight rating and $150 price target. While growth of Global Atlantic is more and more turning KKR into a full-stack asset and liability originator, shares are currently attractively valued while increased capital markets activity powers realizing gross unrealized carried interest of $8.7B, the firm tells investors in a research note. Piper Sandler initiated coverage of Brookfield Asset Management (BAM) with a Neutral rating and $60 price target. The firm cites valuation for the Neutral rating, telling investors that the multiple appropriately reflects a best-in-class return profile. Mizuho initiated coverage of Waystar (WAY) with an Outperform rating and $48 price target. Based on channel checks, the firm expects Waystar to maintain market share beyond this and capitalize on selling newer AI-driven solutions into the installed base. Sign in to access your portfolio
CTV News
25-06-2025
- General
- CTV News
50 years and fresh renos celebrated at Hangar Flight Museum
Calgary Watch The Hangar Flight Museum is celebrating some new upgrades with a grand reopening—and marking half a century of operations.
CTV News
17-06-2025
- Business
- CTV News
Wilmot Recreation Complex gets $379K boost for ‘critical upgrades'
Township of Wilmot Mayor Natasha Salonen spoke at RBJ Schlegel Park in Kitchener on June 16, 2025. (Courtesy: Township of Wilmot) The Wilmot Recreation Complex will be getting some upgrades thanks to funding from the provincial government. On Monday, the Ontario Ministry of Sport announced $379,650 for the complex after making a larger funding announcement in Kitchener earlier that day. Wilmot will be using the money for a refrigeration plant retrofit project, which they said will allow them to make operations at the complex more energy-efficient. They called the work 'critical upgrades' in a release on Monday. 'This investment helps ensure the Wilmot Recreation Complex remains a cornerstone of active living in our community,' Mayor Natasha Salonen said.
CTV News
11-06-2025
- Sport
- CTV News
Gore Bay arena needs $172K in repairs and upgrades
A small Manitoulin Island town received an engineering report saying its arena needs $172,000 in repairs and upgrades before next season begins.
