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McGowan Falls might not be very large, but it is one of the most picturesque waterfalls in midwestern Ontario. But wear and tear on the associated dam from holding back frazzle ice over the past 20 years has taken its toll, say the owners of the Upper Durham Dam, the Saugeen Valley Conservation Authority (SVCA). “This dam cannot hold up to the pressures of that ice applying itself to the top of the dam. And three different engineering reports have confirmed that indeed, it is a safety hazard to continue to operate in that way,” said Erik Downing, general manager with the SVCA. Those reports say damage from holding back that winter ice and water have caused “severe concrete damage” to the dam, which “poses a risk of structural failure.” So, the SVCA will pull the flashboards and stoplogs that hold that ice and water back each winter, allowing for a free-flowing river. That’s caused concern for the local mayor, Kevin Eccles. He said he’s worried about safety of a different kind. The safety of the community of Durham. In 1997, when the stoplogs and flashboards were also removed, the town almost flooded after frazzle ice plugged up the Saugeen River flowing through the middle of town. Durham Upper Dam, seen on Nov. 28, 2024. (Scott Miller/CTV News London) “In 1997, it was as close to a disaster as you can get. We came very close to even losing the bridge over Highway 6, and the dam,” said Eccles. After that, in 2006 as a pilot project, the flashboards and stoplogs were kept in Durham’s upper dam during the winter to control the frazzle ice buildup. It appeared to work, so going back to the way it was before 2006 with no dam controls for the frazzle ice has Eccles worried about a repeat performance of 1997, or worse. “By not doing it the way it has been done with the boards in, I'm not sure that it would be a unique situation, to flood the whole town at this point in time,” said Eccles. Frazzle Ice near the Durham Upper Dam. (Source: Saugeen Valley Conservation Authority) Downing said they can no longer ignore the engineering reports from 2021, 2022, and 2024 that say the dam is in danger of failure if the winter boards stay in. “This dam cannot hold up to those forces. There's three structural engineers reports that say that the dam is at risk if we continue in this way, and it has seen significant damage over the last 20 years,” said Downing. “The liabilities of changing the operations I don't think have been thought through totally yet. I'm hopeful that there’s a change in mindset from both the Conservation Authority and the Ministry of Natural Resources, for the protection of the community here in Durham,” said Eccles. Shopping Trends The Shopping Trends team is independent of the journalists at CTV News. We may earn a commission when you use our links to shop. Read about us. Editor's Picks 19 Of The Best Stocking Stuffers For Teenagers 13 Of The Best Self-Care Gifts You Can Find On Amazon Canada The Ultimate 2024 Holiday Gift Guide For People Who Love Working Out Home Our Guide To The Best Sectional Sofas You Can Get In Canada Our Guide To The Best Electric Snow Shovels In Canada In 2024 (And Where To Get Them) Our Guide To The Best Hydroponic Gardens In Canada In 2024 (And Where To Get Them) Gifts Here Are All The Gift Wrapping Supplies You Should Order Before The Holidays 17 Sweet Treats And Snacks That Make Great Stocking Stuffers 15 Gifts That'll Pry Their Eyes Away From Screens For A Bit Beauty Our Guide To The Best Self Tanners You Can Get In Canada 20 Anti-Aging Skincare Products That Reviewers Can’t Stop Talking About 12 Budget-Friendly Makeup Brushes And Tools Worth Adding To Your Kit Deals Black Friday May Be Over, But You Can Still Take Advantage Of These Amazing Sales On Amazon Canada It's Officially Travel Tuesday: Here Are The Best Deals On Flights, Hotels, And Vacations The Waterpik Advanced Water Flosser Will Make Cleaning Your Teeth So Much Easier — And It's 40% Off For Cyber Monday London Top Stories Witness sees accused with gun at bush bash shooting scene 'A real gamut': LHSC highlights number of serious seasonal injuries ahead of the holiday season Tire shops 'spinning' with winter tire changeover demand Mayor worried about flooding following conservation dam decision 'We can’t wait for perfection': Local advocates respond to AG’s criticism of province’s plan to fight homelessness and addiction Charges laid after 'shelter in place' in Tillsonburg 'Hopefully inspire those kids': London Knights Booster Club collects thousands of stuffed animals for Teddy Bear Toss game Nearly $300,000 worth of drugs seized in Oxford County, Kitchener CTVNews.ca Top Stories Mexico president says Canada has a 'very serious' fentanyl problem Foreign Affairs Minister Mélanie Joly is not escalating a war of words with Mexico, after the Mexican president criticized Canada's culture and its framing of border issues. Freeland says it was 'right choice' for her not to attend Mar-a-Lago dinner with Trump Deputy Prime Minister and Finance Minister Chrystia Freeland says it was 'the right choice' for her not to attend the surprise dinner with Prime Minister Justin Trudeau at Mar-a-Lago with U.S. president-elect Donald Trump on Friday night. Quebec doctors who refuse to stay in public system for 5 years face $200K fine per day Quebec's health minister has tabled a bill that would force new doctors trained in the province to spend the first five years of their careers working in Quebec's public health network. NDP won't support Conservative non-confidence motion that quotes Singh NDP Leader Jagmeet Singh says he won't play Conservative Leader Pierre Poilievre's games by voting to bring down the government on an upcoming non-confidence motion. Speaker's ruling clears path for Trudeau's government to face successive tests of confidence in days ahead After rallying his party's caucus and staffers on Parliament Hill Tuesday, NDP Leader Jagmeet Singh signalled that he's still not ready to help the other opposition parties trigger an early election, yet. Opposition leaders talk unity following Trudeau meeting about Trump, minister calls 51st state comment 'teasing' The prime minister’s emergency meeting with opposition leaders on Tuesday appears to have bolstered a more united front against U.S. president-elect Donald Trump’s tariff threats. Calgary man who drove U-Haul over wife sentenced to 15 years A Calgary man who killed his wife in 2020 when he drove over her in a loaded U-Haul has been sentenced to 15 years behind bars. Man severely injured saving his wife from a polar bear attack in the Far North A man was severely injured Tuesday morning when he leaped onto a polar bear to protect his wife from being mauled in the Far North community of Fort Severn. Canada Post strike: Kids no longer need to mail their letters to Santa by the end of the week Canada Post says it has removed the deadline for its Santa Claus letter program amid an ongoing national workers' strike that has halted mail delivery leading up to the holiday season. Kitchener Why Wilmot is proposing a $580 tax increase in its 2025 draft budget The Township of Wilmot has released its 2025 draft budget which included a one-time capital infrastructure investment. Teddy Bear Toss happening tonight at the Aud Calling all Kitchener Rangers fans! The Teddy Bear Toss returns for tonight's game against the Brantford Bulldogs. Guelph Police looking for missing pregnant woman Guelph Police are asking for help as they search for a missing pregnant woman. Barrie Snow-clearing efforts stalled due to tractor-trailers stuck on many roads along Highway 11 Snow-clearing efforts continue on secondary roads that remain closed along Highway 11 on Tuesday. Woman dies in two-vehicle crash on Highway 118 in Haliburton An 87-year-old woman has died following a collision on Highway 118 in Haliburton County on Monday afternoon. Crown pushes for 6-year sentence for supervisor convicted in fatal crash case Victim impact statements were read in a Barrie courtroom on Tuesday ahead of sentencing for a man convicted of criminal negligence causing the death of a dump truck driver four years ago. Windsor Windsor, mayor name-dropped for housing criticism The City of Windsor and its mayor have been picked out as egregious examples of municipal housing missteps by a prominent expert in the field and author of a recent report identifying poor building performance in Ontario. Survey raises concerns about cannabis-impaired driving in Ontario A recent survey conducted by CAA South Central Ontario (CAA SCO) highlights an increase in cannabis use among Ontario drivers, sparking some concern about impaired driving. 'Times are tough and we're feeling the stretch': Still time to give this Giving Tuesday Dec. 3 is Giving Tuesday and the Chatham-Kent Health Alliance Foundation (CKHAF) is calling on the community for support to help purchase a new fluoroscopy machine for Chatham-Kent Health Alliance (CKHA). Northern Ontario Man severely injured saving his wife from a polar bear attack in the Far North A man was severely injured Tuesday morning when he leaped onto a polar bear to protect his wife from being mauled in the Far North community of Fort Severn. As propane tanks exploded, homeless Sudbury, Ont., man pulls woman from burning tent TJ Bedggood is humble about his life-saving actions Sunday evening, when he pulled his friend from a burning tent fire as propane tanks exploded in an encampment in Sudbury. Five years after toddler's brutal death, Northern Ont. family struggles to find peace, justice A North Bay family is struggling to find peace and justice as the five-year anniversary of the brutal death of toddler Oliver McCarthy approaches. Sault Ste. Marie Shooting on Manitoulin Island leads to attempted murder charges Two people have been charged – one with attempted murder – following a shooting in Wikwemikong last week. Insults on social media lead to real-life assault in northern Ont. A Mississauga First Nation woman has been charged with assault after she took offence to comments about her on social media. Snow squall warning in the Sault, heaviest snowfall expected tonight Sault Ste. Marie's run of severe winter weather will continue Tuesday, with Environment Canada issuing another snow squall warning. Ottawa TRAVEL ADVISORY | Winter weather travel advisory in effect as Ottawa expects first notable snowfall The first winter weather travel advisory of the season is in effect for Ottawa as the city's first dump of snow expected this week. 1 teen, 4 adults injured in crash involving school bus and vehicle in south Ottawa Ottawa paramedics say five people were injured following a collision between a school bus and a van in south Ottawa. 'Adapting is huge': Skiers, snowboarders prepare for first significant snowfall Winter sports enthusiasts are looking forward to the coming snowfall in eastern Ontario, as are ski resorts, which have had a slow start to the season. Toronto Richmond Hill jewelry store smash-and-grab caught on video, 5 suspects outstanding Video footage has surfaced on social media of a violent daytime robbery earlier this week at a jewelry store in a Richmond Hill shopping centre. Walking pneumonia cases in Ontario have nearly tripled since 2019: report The number of walking pneumonia cases seen in Ontario this year is triple the amount of what was reported in 2019, before the COVID-19 pandemic. Process around Ontario Place redevelopment was 'unfair' and didn't follow rules: AG Ontario's auditor general is slamming the Ford government for failing to follow proper process around the redevelopment of Ontario Place, including a revelation that senior staff communicated directly with Therme Canada and other applicants while proposals were still being accepted. Montreal Despite devastating poll, Quebec Premier Legault confident he’s here to stay Despite a devastating poll, Premier François Legault is confident that he will lead the CAQ troops into the next electoral battle in two years' time. Quebec doctors who refuse to stay in public system for 5 years face $200K fine per day Quebec's health minister has tabled a bill that would force new doctors trained in the province to spend the first five years of their careers working in Quebec's public health network. Quebec public security minister says no indication so far of migrant influx from U.S. Quebec’s public security minister says the situation at the province’s border with the United States is “under control” and that there is no indication so far of an influx of migrants trying to enter Canada. Atlantic Snow, rain, and wind expected for Maritimes this week with early December storm A developing low pressure skirting colder air in place across eastern parts of the country will bring snow, rain, and wind to the Maritimes on Thursday. Cape Breton investigating last year of municipal credit card transactions The Cape Breton Regional Municipality (CBRM) is investigating more than a year of transactions on a legislative credit card due to a lack of documents. N.B. woman dies after hit and run in Notre-Dame: RCMP A 40-year-old New Brunswick woman has died after she was struck by a vehicle in Notre-Dame, N.B. Winnipeg Manitoba government promises trade office in U.S. capital to boost economy The Manitoba government is planning to open a trade office in Washington, D.C., in the new year to deal with threatened United States tariffs and promote investment opportunities in provincial sectors such as mining and aerospace. Every Winnipeg driver pulled over during checkstop program must give breath sample: police Every driver pulled over in Winnipeg as part of the police’s annual festive season checkstop program will have to provide a breath sample. Young Manitoba woman dies after medical emergency during dental appointment The Manitoba Dental Association (MDA) said it is investigating a critical incident where a young woman from the Morden-Winkler area died following a dental appointment. Calgary Loved ones seek answers as Pine Creek death deemed a homicide Calgary police say the death of a man in the community of Pine Creek last month is being investigated as a homicide. Person found dead in Taradale home with high CO levels: CFD A person was found dead in a Taradale home where emergency crews discovered high levels of carbon monoxide. Calgary man who drove U-Haul over wife sentenced to 15 years A Calgary man who killed his wife in 2020 when he drove over her in a loaded U-Haul has been sentenced to 15 years behind bars. Edmonton Ex-Alberta teacher convicted of sex crime involving child for 2nd time Former Alberta teacher Brian Davison has been found guilty of one count of sexual exploitation in connection with an incident involving a child. Giving Tuesday: As the Canada Post strike and inflation affect charities, here's how Edmontonians can help Across the country, charities are getting ready for the holidays, which is often a busy time for many of them, and are relying on the generosity of Canadians to help get them. Oilers tasting more success as special-teams play improves Special teams are starting to show up for the Edmonton Oilers. Head coach Kris Knoblauch identified improved play – and results – from both the NHL team's power play and penalty kill as "important" factors in their last two games. Regina Regulations around foreign ownership of Sask. farmland need better enforcement, auditor finds The Provincial Auditor of Saskatchewan is recommending that the province improve its system of monitoring sales of farmland to foreign entities. Formal expectations needed for answering 911 calls: Sask. auditor reports The Provincial Auditor assessed the Saskatchewan Public Safety Agency’s (SPSA) 911 call taking and dispatching processes for fire emergencies, focusing on the Provincial Emergency Communications Centre. Attempted murder charge laid after home invasion, series of hit and runs in Regina Two people in Regina are facing a list of charges following a series of alleged acts that include a home invasion, multiple collisions and attempted murder. Saskatoon Major power outage hits much of Saskatoon's west side A large power outage lasting several hours affected much of Saskatoon's west side and portions of the east side of the city Tuesday afternoon. 'That's way, way inappropriate': Saskatoon city councillor raises issue with democratic process, clerk apologizes Before Saskatoon city council unanimously approved the budget, a fiery discussion about the democratic process dominated chambers. Saskatoon city council raises property taxes 4.96% next year Saskatoon city councillors approved a municipal budget that will raise property taxes 4.96 per cent in 2025. Vancouver BC SPCA to rescue up to 30 stray cats from one Kamloops home The BC SPCA is warning of the consequences of feeding stray cats after a person accidentally lured over 25 felines to their home in Kamloops, B.C. Comox Valley RCMP seek suspect who tried to climb woman's deck wearing a gas mask Mounties on Vancouver Island are seeking witnesses after a woman reported that a man wearing a gas mask tried to climb onto the deck of her home near Courtenay, B.C. BREAKING | New Vancouver Art Gallery plan scrapped, board seeks new design The Vancouver Art Gallery has decided to start all over again and shelve plans for a new nine-level tower made of wood and glass, CTV News has learned. Vancouver Island Comox Valley RCMP seek suspect who tried to climb woman's deck wearing a gas mask Mounties on Vancouver Island are seeking witnesses after a woman reported that a man wearing a gas mask tried to climb onto the deck of her home near Courtenay, B.C. Canadian military drones enter production, though Arctic modifications will be required Canada's first combat drones have now entered production, though the remotely piloted aircraft will require years of testing and significant modifications before the first units are delivered in 2028. BC SPCA to rescue up to 30 stray cats from one Kamloops home The BC SPCA is warning of the consequences of feeding stray cats after a person accidentally lured over 25 felines to their home in Kamloops, B.C. Stay ConnectedVaccines don't cause autism. What does?So, King Charles III finally turned up for the Australian leg of his victory lap of the Commonwealth. History editor Dr Glenn Davies declares it's time an Australian head of state was one of us... and also a resident. IT'S BEEN OVER two years since then-Prince Charles stepped into the top job. A royal tour between 18 and 26 October 2024 marked the first time that Australians experienced a royal audience with their king. After over ten years, four governors-general and two monarchs, a sitting Australian Head of State finally appeared Down Under! Our absentee King’s 17,000-kilometre journey from the other side of the world saw Charles and his wife, Queen Camilla , grace us with the presence of a British Monarch on Australian soil for the first time as our Head of State (although the grace was presented only in Sydney and Canberra). King Charles III was greeted in Canberra by the Prime Minister, but not a single state leader — all declined their invitations , citing “other commitments” ranging from election campaigns to cabinet meetings. Paying a King's ransom King Charles-the-whatever is coming to Australia on 18 October until some other date you can no doubt find in your calendar, if you could be bothered. Queensland experienced its second King’s Birthday Public Holiday — even though KCIII’s actual birthday is 19 November. Queenslanders took the day off work; not in recognition of their hard work, but to recognise the British Monarch who will most likely be sleeping through our public holiday. The King’s Birthday Public Holiday doesn’t remind us of anything good about our country. At worst, it tells us Australia’s head of state gets the job by inheritance. Perhaps it would have been better if the British Monarch had turned up for "his" birthday weekend? I suppose, though, that would have been awkward: a public holiday in Queensland, only at this time of year (with WA a week before) and Queensland not even on the visiting schedule. Oops. The lack of actual public activity around King’s Birthday Public Holiday shows just how much the concept of monarchy is out-of-step with contemporary Australia. Since his birth as Prince Charles, KCIII has known he would one day take over the top job. One morning in 2022, Australians simply woke up to hear news from Britain that could affect our country for decades to come. Australians did not choose King Charles III as our Head of State. It is a disgraceful fact that without Constitutional change, the citizens of Australia will never be consulted on our head of state. Etiquette tips for awed commoners when meeting King Chukka Here are some vital deportment behavioural protocols in the face of British flapdoodle. It’s time for an Australian to be our head of state and do the job full-time rather than someone working from home at Windsor Castle — who can’t be bothered Zooming into an Australian office once a week. We are a unique multicultural country and we need someone who understands how to embody us, to be the guardian of our Constitution — to be a unifying symbol at home and someone we are proud to see representing us abroad. Our head of state should be elected on merit, not gifted this position by birthright. They should have the skills and work experience to do the job. It should be one of us. A person responsible and accountable to us and unwaveringly loyal to us — and only us. We have our own identity as Australians. The Royals represent Britain and cannot represent us or really unite us as Australians. So many Australians believe in freedom and equal opportunity — not that some are born to rule over others. We come from all walks of life, from all corners of the globe and this ancient land. Our shared commitment to our common future is what binds us together. Standing against this is the elevation of Charles III. I’ve argued previously here that there is no place for princes and kings in modern Australia. The public repudiation of former PM Tony Abbott’s knights and dames decision showed that Australia has moved on from the old colonial way of thinking. We can have respect and affection for Britain and its celebrity royals but still, question why we do not have our own head of state. The British Royal Family: A cult of obsession Support for an Australian Republic referendum is persistently stifled by the mainstream media's obsession with treating the Royal family as celebrities. The royals are welcome to visit as representatives of Britain, but I look forward to when the British people and their royal family will welcome a visit by the first Australian head of state. In the words of Australian comedian and radio presenter Sammy J : "So to our King, we say g’day and we praise his DNA, his ever-loyal subjects across the sea. We might have golden soil and a bit of wealth for toil, but us Aussies are still girt by monarchy." For us in Australia, royalty only ever visits us from somewhere else, from across the seas. It’s not something that lives with us. Royalty comes and royalty goes, but it is never a true part of us. Thanks Charles, but we’ve got it from here. Toodle pip. You can follow history editor Dr Glenn Davies on Twitter/X @DrGlennDavies . This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Australia License Support independent journalism Subscribe to IA. POLITICS REPUBLIC AUSTRALIA INTERNATIONAL KING CHARLES III Queen Camilla British Monarchy Royal Family #auspol head of state Republic Australian Constitution King’s Birthday Public Holiday Sammy J Share Article
After whitewash, calls to stop promoting dynasts grows in BJPLAKE FOREST, Ill. (AP) — Thomas Brown insists he's focused on the job at hand and not the one he might have down the line. His immediate task as the interim coach of the Chicago Bears is helping the team finish strong over the final five games, starting this weekend at San Francisco. The rest of his life can wait. “I think about just the moment. ... I obviously understand the role that I'm in, understand what might come with it," he said Wednesday. "But I also understand that we make most situations bigger than what it has to be because of the outside noise, what everybody else puts a value on it.” The Bears are in a moment unlike any other in the history of the founding NFL franchise. They fired a head coach for the first time during a season when they let Matt Eberflus go on Friday with a 4-8 record and the team in a six-game losing streak marked by head-scratching decisions. They promoted Brown, who in a span of three weeks went from passing game coordinator to offensive coordinator and now the person in charge. The tipping point was a 23-20 loss at Detroit on Thanksgiving, when the Bears let the clock run down rather than call a timeout following a sack. It led to Caleb Williams throwing an incomplete pass from the Lions 41 as time expired when Chicago should have been able to run more than one play. Star cornerback Jaylon Johnson interrupted Eberflus' postgame speech and made his feelings clear. Other players had gone public in recent weeks with their frustrations over the coaching decisions, and they didn't exactly hide their emotions following the Detroit game. On Wednesday, defensive end DeMarcus Walker said he sensed a change was coming after the loss to the Lions. “You guys just look at the whole turnaround, how everything had been going, we just knew some changes were going to be made,” he said. The 38-year-old Brown now has a huge opportunity. He spent last season as Carolina's offensive coordinator and the previous three on Sean McVay's staff with the Los Angeles Rams — the final two as assistant head coach. Prior to that, he spent nine years as a college assistant, including stops at Wisconsin, Georgia, Miami and South Carolina. It's his job to help right a team that came into the season thinking a playoff spot was in reach. Williams' development obviously will be front and center. To that end, the No. 1 overall draft pick has looked more comfortable in the three games since Brown took over for the fired Shane Waldron as offensive coordinator, completing 75 of 117 passes for 827 yards with five touchdowns, no interceptions and a rating of 99.2. Though Brown will continue to call plays, the Bears have another new offensive coordinator in wide receivers coach Chris Beatty. “I think it is a stepping stone actually with my development because I think down the line I’ll have different OCs or different head coaches or whatever the case may be,” Williams said. “And so being able to handle it my first year, handle a new playbook, handle all these different changes, handle all of this I think it definitely will help the development instead of hurting it or anything like that.” Beyond the development of the prized quarterback, Brown also will be judged during his audition for the regular job on his preparation, decisions during games and command of the locker room. He said he reached out to each player individually on Friday and Saturday and tried to set a tone when the team met on Monday. “I want them to be excellent,” Brown said. “I can nitpick at every single play and tell a guy how he wasn’t perfect. And, so, perfection’s not the goal. It’s to excel at your craft.” Notes: The Bears had a lengthy injury report on Wednesday. WRs Keenan Allen (ankle) and DJ Moore (quad), RBs D'Andre Swift (quad) and Roschon Johnson (concussion), DB Elijah Hicks (ankle) and OL Ryan Bates (concussion) all missed practice. S Kevin Byard (shoulder) and OLs Darnnell Wright (knee) and Coleman Shelton (knee) were limited. AP NFL coverage: https://apnews.com/hub/NFL
Dillard’s, Inc. Announces Special Dividend of $25.00 Per Share and Quarterly Cash Dividend of ...PNC Financial Services Group Inc. boosted its stake in ITT Inc. ( NYSE:ITT – Free Report ) by 0.5% during the 3rd quarter, Holdings Channel reports. The firm owned 33,439 shares of the conglomerate’s stock after buying an additional 178 shares during the quarter. PNC Financial Services Group Inc.’s holdings in ITT were worth $4,999,000 at the end of the most recent reporting period. A number of other institutional investors have also recently made changes to their positions in the company. Algert Global LLC purchased a new position in ITT during the 2nd quarter valued at approximately $1,158,000. Harbor Capital Advisors Inc. grew its holdings in shares of ITT by 242.6% in the second quarter. Harbor Capital Advisors Inc. now owns 22,407 shares of the conglomerate’s stock valued at $2,895,000 after purchasing an additional 15,866 shares in the last quarter. Zurich Insurance Group Ltd FI bought a new stake in ITT in the first quarter worth $1,388,000. AQR Capital Management LLC raised its stake in ITT by 115.6% during the second quarter. AQR Capital Management LLC now owns 245,676 shares of the conglomerate’s stock valued at $31,717,000 after purchasing an additional 131,708 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its position in ITT by 46.6% during the third quarter. Allspring Global Investments Holdings LLC now owns 95,398 shares of the conglomerate’s stock valued at $14,263,000 after purchasing an additional 30,320 shares during the last quarter. Hedge funds and other institutional investors own 91.59% of the company’s stock. Analysts Set New Price Targets ITT has been the topic of a number of research reports. TD Cowen boosted their target price on shares of ITT from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, October 31st. Robert W. Baird decreased their price objective on ITT from $165.00 to $163.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 30th. Stifel Nicolaus lifted their target price on ITT from $157.00 to $167.00 and gave the stock a “buy” rating in a report on Wednesday, October 16th. The Goldman Sachs Group increased their price target on ITT from $150.00 to $166.00 and gave the company a “buy” rating in a report on Thursday, October 10th. Finally, KeyCorp increased their target price on shares of ITT from $155.00 to $164.00 and gave the company an “overweight” rating in a research note on Monday, October 14th. Nine investment analysts have rated the stock with a buy rating, According to MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $161.88. ITT Price Performance ITT stock opened at $158.38 on Friday. The stock has a market cap of $12.91 billion, a price-to-earnings ratio of 27.03, a price-to-earnings-growth ratio of 2.02 and a beta of 1.41. The firm has a 50-day moving average of $148.28 and a two-hundred day moving average of $138.71. ITT Inc. has a 1 year low of $107.01 and a 1 year high of $158.56. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.58 and a quick ratio of 1.09. ITT ( NYSE:ITT – Get Free Report ) last released its quarterly earnings data on Tuesday, October 29th. The conglomerate reported $1.46 EPS for the quarter, topping the consensus estimate of $1.43 by $0.03. ITT had a return on equity of 17.98% and a net margin of 13.67%. The company had revenue of $885.20 million for the quarter, compared to the consensus estimate of $884.50 million. During the same period last year, the business posted $1.37 EPS. ITT’s quarterly revenue was up 7.7% on a year-over-year basis. On average, research analysts forecast that ITT Inc. will post 5.84 earnings per share for the current year. ITT Dividend Announcement The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 31st. Shareholders of record on Friday, November 29th will be issued a dividend of $0.319 per share. This represents a $1.28 annualized dividend and a yield of 0.81%. The ex-dividend date is Friday, November 29th. ITT’s payout ratio is 21.84%. ITT Company Profile ( Free Report ) ITT Inc, together with its subsidiaries, manufactures and sells engineered critical components and customized technology solutions for the transportation, industrial, and energy markets in the United States and internationally. The Motion Technologies segment manufactures brake pads, shims, shock absorbers, and energy absorption components; and sealing technologies primarily for the transportation industry, including passenger cars, trucks, light- and heavy-duty commercial and military vehicles, buses, and trains. Featured Stories Want to see what other hedge funds are holding ITT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ITT Inc. ( NYSE:ITT – Free Report ). Receive News & Ratings for ITT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ITT and related companies with MarketBeat.com's FREE daily email newsletter .
Hry sees twofold rise in forest fires in a yrHistory made: St. Mary's claims 4A girls flag football state championship
Ubisoft's Xdefiant Will Shut Down in 2025, Along With 2 Entire Studios - IGN Daily Fix In today's Daily Fix:More bad news from Ubisoft to close out the year. The company has decided to shut down its free-to-play shooter XDefiant—despite positive impressions from the game's fans and the media, there just weren't enough people playing to justify the cost of keeping the game running. And with the game's shutdown comes the closure of two studios working on it. Ubisoft's San Francisco and Osaka studios have been closed, with nearly 300 people being laid off. Ubisoft is hoping to boune back from a disappointing year with Assassin's Creed Shadows in 2025. In other news, Walton Goggins is putting the Ghoul skin back on for season 2 of Fallout. The actor shared an image on Instagram with him and a make-up artist layering on his character's irradiated skin. No release date is set yet for Fallout Season 2. And finally, Reebok has revealed new shoes to coincide with the new Sonic the Hedgehog movie. There will be two child-sized shoes and three adult shoes in Sonic, Tails, and Knuckles colorways.Final Montana legislative race called for Democrat following recountOne of the biggest storylines heading into 2025 for Fresno when it comes to the business community is the South Central Specific Plan. INVEST Fresno Chairman and Newmark Pearson Commercial Senior Vice President Ethan Smith says the City of Fresno is “paralyzed” in figuring out how to implement the plan if it proceeds. The official City of Fresno website states, “The South Central Specific Plan is an area characterized by development that maximizes economic benefit and job growth for residents while reducing impacts on the environment and improving quality of life.” The plan as proposed in the 5,600-acre planning area would reduce heavy industrial acreage by 17%, and require downzoned (business park, light industrial) land use buffers between heavy industrial and sensitive uses. It would also assign residential land use designations to existing parcels with residences. Fresno Chamber of Commerce President Scott Miller will also closely monitor the South Central Specific Plan. It goes before the Fresno City Council on Dec. 5. “The South Central Plan is going to be a huge deal for local employment,” Miller said. Smith believes if Fresno is able to come up with a balance that does not hamper existing businesses, it could have an opportunity to attract new development and companies. “It has an opportunity as a city to hopefully attract some new development because right now, those companies are bypassing Fresno if they’re looking for a Central California location,” Smith said. “Their focus has been, and will likely continue to be, on nearby communities along the 99 corridor, including Madera and some of the southern Fresno County towns like Fowler, Selma and Kingsburg.” Miller also noted that Fresno’s unemployment rates are heading in the right direction. “Our unemployment is down a little bit,” Miller said. “Our property values have remained strong, even though in some other places, that’s not the case. So I believe that those trends are going to carry forward, and we’re looking forward to that.” Another area Smith highlighted was the reduced uncertainty in commercial real estate now that the election has concluded, although there are still questions. “We have some certainty now about what the next four years are going to look like,” Smith said. After a down year in 2023 across multiple sectors, 2024 is concluding positively to inspire confidence for Fresno County in 2025 and beyond. In 2022, apartment sales were the highest they’ve been since first being recorded in 2007. In 2023, sales declined by 63%, according to a report from the Fresno County Economic Development Corporation (EDC). Robin Kane, the managing director at Northmarq, believes that the decrease in sales was due to the Federal Reserve hiking interest rates to combat inflation. Although sales didn’t reach where they were in 2022, 2024 was a step in the right direction from 2023. The Fed didn’t make as many cuts as anticipated this year, but still enough to improve market conditions and investor sentiment. Another boost for the market was the failure of the Proposition 33 rent control initiative, which eased concerns among the multi-family sector, which Kane specializes in for Northmarq. Next year will likely be another challenging year, but Kane believes President-elect Donald Trump’s administration will help. However, with Trump not being able to run for re-election in 2028, Kane thinks something needs to happen sooner than later. “(Trump’s) got one shot right now, going into the spring,” Kane said. “This current congress. He’s got it since he has it. Optimism is high, but there are a lot of headwinds that he’s going to have to get through, like the Fed, the Congress and things like that.” Although there are still questions about the future, Kane says the industry is in a better spot going forward than during the pre-election period. “We may fall short of being able to meet everyone’s expectations there, but still, it’s modest growth,” Kane said. “Nothing wrong with that.” Ali Nekumanesh, the executive vice president for Deli Delicious Franchising, shared their plans for 2025. With 20 locations in the surrounding Fresno area, Nekumanesh plans to expand the popular sandwich chain to other states. “On the Franchise side, we hope to expand into the ‘sister states’ markets such as Utah, Nevada, Arizona and Oregon,” Nekumanesh said. “Our franchisees in the Bakersfield and L.A. area may be interested in expanding their holdings. First and foremost, it is expected that the QSR (Quick Service Restaurant) market nationally will grow, with revenues forecasted to reach above $630 billion by the year 2030.” He also shared some of the challenges that could arise in the coming years. “In California, there is always the ongoing threat of over/unnecessary regulations,” Nekumanesh said. “The challenges remain, including the attacks on QSR segment (Fast Food Council), Labor Costs, Menu Price Increases due to Labor and Food Costs resulting in reduced Transactions as the result of the consumers’ resistance to frequent QSRs. For the Franchising Segment, the costs of borrowing and operations will remain a challenge.” Greg Newman, president of the Clovis Chambers of Commerce, one of Fresno’s fastest-growing suburbs, is looking towards a successful 2025 with the continued development of Loma Vista, a shopping center, and the development in the surrounding areas of Clovis Community College. One of the biggest storylines heading into 2025 for Fresno Tioga-Sequoia Beer Garden was already one of Fresno’s most well-known The Madera County Department of Public Health announced Monday that Dr. Rolston St. Hilaire, dean of the Jordan College of Agricultural
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