Latest news with #CRH
Irish Times
a day ago
- Business
- Irish Times
The Irish firms seen as safe from Trump's planned ‘revenge tax'
Ireland's largest public companies, CRH , Flutter Entertainment and Smurfit Westrock , are on track to be cocooned from the Trump administration's planned controversial 'revenge tax', as tax advisers warn of the potential impact on other Irish businesses and individuals invested in the US. A provision in Donald Trump 's One Big Beautiful Bill Act (OBBBA), known as section 899, would allow the US to impose higher taxes of as much as 20 per cent over time on foreign companies, individuals or investors connected to jurisdictions that impose 'unfair foreign taxes' on US individuals and companies. Specified 'unfair' taxes include the 15 per cent global minimum effective tax regime that Ireland and other EU countries implemented last year on foot of an agreement, reached in 2021, by members of the Organisation for Economic Co-operation and Development (OECD). Foreign companies operating in the US that are majority-owned by US investors would not be affected by the special tax, according to the Bill's wording. Dublin-based CRH, Flutter Entertainment and Smurfit Kappa, each of which has major US operations, are all majority-owned by US investors, according to spokespeople for the three. READ MORE Spokesmen for Kingspan and Kerry Group, the next two largest Irish plcs with significant US business, which are believed to be majority-owned by investors outside the US, declined to comment. Companies may dip in and out of scope over time as investor registers evolve. The US House of Representatives passed the OBBBA last month. A Senate Republican version of the Bill, published on Monday, also includes the revenge tax, even if it proposes that enforcement is delayed by a year until 2027. The Senate version is set to be voted on by July 4th. 'If the provisions are enacted and commenced, it will suddenly become more expensive for an Irish company to have a presence in the US,' said Cormac Kelleher, an international tax partner with Forvis Mazars Ireland. 'It could also cause Irish companies planning to set up a business in the US to think twice – and maybe to look at alternative markets. Still, others might just have to take the tax hit, if the US is a very important market strategically for them.' Section 899 would increase the rate of US tax imposed on companies and investors from what the Senate version calls 'offending foreign countries' by 5 percentage points per year, up to a maximum increase of 20 points above the statutory rate. The surcharges would apply to areas including withholding taxes on dividends, royalties and interest as well as income tax on US business. While the Senate version specifies interest on US bonds would be exempt – providing relief for overseas investors in the country's $36.2 trillion (€31.4 trillion) government debt market – European investors in dividend-distributing US companies stand to be affected. Capital gains on investments are not included in this new tax plan. 'It is likely too early at this point for individuals to be able to get a clear picture of how the rules might affect Irish individuals that have US investments,' said Harry Harrison, a tax partner with PwC Ireland. 'Individuals holding investments in US stocks should talk to their tax advisers about the potential impacts, but bear in mind it will take time for the companies they have invested in to figure out to what extent they will be affected, and to make this information available to the market.' The Global Business Alliance lobby group estimates that Section 899 could cost the US 700,000 jobs over time, reduce gross domestic product by $100 billion annually, and negatively impact the value of US assets.
Business Insider
4 days ago
- Business
- Business Insider
RBC Capital Keeps Their Buy Rating on CRH plc (CRH)
In a report released on June 16, Anthony Codling from RBC Capital maintained a Buy rating on CRH plc (CRH – Research Report), with a price target of $108.00. The company's shares closed yesterday at p6,678.00. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter According to TipRanks, Codling is a 4-star analyst with an average return of 10.1% and a 63.10% success rate. Codling covers the Consumer Cyclical sector, focusing on stocks such as Bellway, Vistry Group, and Crest Nicholson Holdings. The word on The Street in general, suggests a Strong Buy analyst consensus rating for CRH plc with a p8,174.08 average price target. CRH market cap is currently £45.09B and has a P/E ratio of 18.20. Based on the recent corporate insider activity of 34 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of CRH in relation to earlier this year.
Yahoo
6 days ago
- Business
- Yahoo
RBC initiates Knife River, Martin Marietta amid continued infrastructure spending
-- RBC Capital Markets began coverage of Knife River Corp and Martin Marietta Material, noting difference in in margin profiles among U.S. aggregates producers as infrastructure spending continues to support the sector. The bank rated Knife River Outperform with a $129 price target on potential for earnings growth through margin improvement. Martin Marietta was initiated at Sector Perform with a $515 target, reflecting its already high margins. Vulcan Materials (NYSE:VMC) and CRH (NYSE:CRH) were rated at Sector Perform and Outperform respectively. RBC noted that while all major U.S. aggregates firms are benefiting from federally funded infrastructure programs, their positioning and profitability vary. Knife River, which was spun out from MDU Resources in 2023, is seen as earlier in its margin expansion cycle compared to more mature peers like Martin Marietta and Vulcan. The analysts said that firm-level differences in exposure to weather, regional gas tax funding, and the mix of construction materials influence operating results. The note includes a breakdown of cost structures across cement, ready mix, asphalt and gypsum segments, and maps company asset locations by U.S. state. RBC also made minor estimate changes to Cemex, CRH, Buzzi Unicem (BIT:BZU), and Vulcan. While Martin Marietta and Vulcan remain the most widely followed names in the sector, RBC said investors may be overlooking Knife River's potential for margin growth and CRH's integration advantages in North America. Heidelberg (ETR:HDDG) Materials was also cited as having underappreciated U.S. assets. Brokerage said the June 23 market debut of Amrize, a CRH spinout, could further shift investor attention toward the sector. Related articles RBC initiates Knife River, Martin Marietta amid continued infrastructure spending Deutsche Bank is now bullish on Cisco - highlights AI tailwinds Boeing Commercial Airplanes head meets Air India chairman after fatal 787 crash
Time of India
14-06-2025
- Health
- Time of India
How stress impacts sleep and memory; here's what researchers say
Source: Researchers have spent years studying why stress often disrupts people's sleeping schedules, causing tossing and turning at night. They have also examined how stress might reduce our ability to recall important information the next day. Our mind tends to be stuck around things about which we're stressing over day and night. It affects the overall routine of our day and makes us feel as if we're trapped in a cage. According to Shinjae Chung, from the University of Pennsylvania, led a study to explore a neural pathway in male mice that stress may influence to cause sleep and memory disturbances. When stress hits the brain Stress affects more than just emotional reactions- it also triggers physical changes in the brain. One major key area that is affected in our brain is the hypothalamus' paraventricular nucleus (PVN), which helps the body respond to threats by sending signals and releasing hormones. When the affected area, PVN, detects stress, it can disrupt sleeping patterns and block healthy memory formation, setting off a chain that impacts overall well-being. Link between stress, sleep and memory Neuroscientists studied the effects of stimulating the PVN, discovering its connection to the lateral hypothalamus (LH), which regulates hunger and wakefulness. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Pinga-Pinga e HBP? Tome isso 1x ao dia se tem mais de 40 anos Portal Saúde do Homem Clique aqui Undo 'Activating CRHPVN neurons impairs memory performance and increases wakefulness, whereas inhibiting CRHPVN neurons during stress improves memory and sleep,' said Chung. By artificially stimulating neurons in mice, they observed reduced sleep and impaired spatial memory. On the other hand, blocking these neurons during stress improved memory and sleep, suggesting a key link between PVN activity, sleep patterns, and cognitive function. Stress affects sleep cycle and weakens memory Stress not only reduces sleep but also impairs memory. When PVN neurons are active, memory deficits occur. This suggests that any disruption around the hypothalamus affects how the brain stores information. Even mild stress can overactive molecular pathways, shifting towards survival and leaving normal processes like memory compromised. The brain depends on a tight rhythm of sleep-wake cycles and memory consolidation routines, which CRH neurons in the PVN seem to interrupt, re-routing energy towards immediate survival priorities. This shift disrupts normal rest patterns and blocks efficient memory processing, potentially leading to long-term effects on mental clarity and emotional balance. Handling stress carefully improves sleeping patterns By blocking stress-linked neurons, researchers observed calm behavior and slightly improved sleep in mice, as well as enhanced object recognition. One potential approach involves modulating Corticotropin-Releasing Hormone (CRH) signals, which triggers the stress response. They speculated that adjusting CRH activity in the PVN circuit might help restore sleep patterns and preserve memory function. Breaking the cycle of chronic stress Further research is still required to determine how often the hypothalamic circuit becomes overworked and to investigate the timing, dodge, and potential side effects of therapies. This discovery could lead to new therapies that promote healthy sleep and protect memory, particularly for individuals with anxiety disorders. Also read | What is Mouth Larvae: Know its causes, symptoms, prevention strategies and treatment One step to a healthier you—join Times Health+ Yoga and feel the change
Business Wire
10-06-2025
- Business
- Business Wire
CRH Medical Corporation and WovenX Announce Strategic Partnership to Advance GI Patient Access and Streamline Care Delivery
ATLANTA & CHICAGO--(BUSINESS WIRE)--CRH Medical Corporation (' CRH '), a leading provider of products and services for gastrointestinal (GI) providers and a wholly owned subsidiary of WELL Health Technologies Corp. (' WELL '), has announced a strategic partnership with WovenX Health (' WovenX '), a leader in integrated virtual specialty care. Together, they aim to deliver integrated, next-generation GI practice solutions designed to resolve persistent challenges surrounding patient access and operational capacity. This collaboration merges CRH's clinically validated GI solutions with WovenX's advanced virtual visit platform to create a scalable framework that enhances operational performance, expands patient access, and elevates care delivery across the GI community. WovenX's on-demand service offering enables practices to increase appointment availability, unlocks underutilized capacity in high-value procedural areas, streamline workflows, and deliver timely, patient-centered care at the speed of need. 'Partnering with WovenX Health lets GI practices deliver technology-enabled, guideline-based care in minutes rather than months,' said Russ Arjal MD, AGAF, Co-Founder and Chief Medical Officer at WovenX . 'Patients consistently praise the experience, and our Net Promoter Score ranks among the highest in healthcare. This approach enables practices to unlock new growth opportunities and capture meaningful downstream revenue. We are excited to partner with CRH to deepen our impact and expand our presence within the GI community.' Together, WovenX and CRH are addressing long-standing barriers to access and efficiency, offering providers a cohesive and consumer-centric model for GI care. 'This partnership represents a strategic extension of the solutions we're already delivering to our GI physician customers, amplifying the value of our collaborative approach,' said Jay Kreger, CEO of CRH Medical Corporation. 'By combining CRH's GI expertise and network with WovenX's intelligent platform, we're equipping practices with the tools they need to improve patient access and outcomes, raise standards of care, and drive meaningful, long-term transformation in care delivery.' About WELL Health Technologies Corp. WELL's mission is to tech-enable healthcare providers. We do this by developing the best technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. WELL's comprehensive healthcare and digital platform includes extensive front and back-office management software applications that help physicians run and secure their practices. WELL's solutions enable more than 42,000 healthcare providers between the US and Canada and power the largest owned and operated healthcare ecosystem in Canada with more than 210 clinics supporting primary care, specialized care, and diagnostic services. In the United States WELL's solutions are focused on specialized markets such as the gastrointestinal market, women's health, primary care, and mental health. WELL is publicly traded on the Toronto Stock Exchange under the symbol 'WELL' and on the OTC Exchange under the symbol 'WHTCF'. To learn more about WELL, please visit: About CRH Medical Corporation CRH is a North American company focused on providing gastroenterologists with innovative services and products for the treatment of gastrointestinal diseases. CRH also provides locum tenens and permanent placement anesthesia staffing solutions to provider groups, hospitals, and ASCs. In 2014, CRH became a full-service gastroenterology anesthesia company that provides anesthesia services for patients undergoing endoscopic procedures in ambulatory surgical centers. To date, CRH has completed 50 acquisitions, and now serves over 140 ASCs in 20 states. In addition, CRH owns the 'CRH O'Regan System,' a single-use, disposable, hemorrhoid banding technology that is safe and highly effective in treating all grades of hemorrhoids. Learn more at About WovenX Health WovenX Health is redefining specialty care through its on-demand platform by integrating intelligent technology, GI-trained virtual care teams, and proven operational workflows into a cohesive, scalable solution. Designed to accelerate access, elevate clinical performance, and simplify patient journeys, WovenX empowers healthcare organizations to thrive, delivering Care to the Power of Now. Learn more at
