Latest news with #WPC
Newsweek
3 days ago
- Climate
- Newsweek
Americans Told To Stay Out of The Sun in 21 States
Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Heat-related alerts were in place for 21 states across the U.S. on Thursday, and the National Weather Service (NWS) warned of "dangerously hot conditions" in some places. Why It Matters Officials warned that extended time outdoors without adequate hydration and cooling measures could lead to heat-related illnesses. What To Know Extreme heat watches were in effect for parts of southern Nevada, southeastern California, and southern Arizona. Portions of south central Arizona could hit temperatures of up to 118, the NWS said, and parts Nevada and California were expected to reach 115. Death Valley National Park's temperatures could exceed 120, the agency said. Vehicles drive past a sign on the 110 Freeway warning of extreme heat and urging energy conservation during a heat wave in downtown Los Angeles, California on September 2, 2022. Vehicles drive past a sign on the 110 Freeway warning of extreme heat and urging energy conservation during a heat wave in downtown Los Angeles, California on September 2, 2022. Patrick T. Fallon/AFP via Getty Images "An Extreme Heat Warning means that a period of very hot temperatures, even by local standards, will occur," the NWS says. "Actions should be taken to lessen the impact of the extreme heat." It advised: "Drink plenty of fluids, stay in an air-conditioned room, stay out of the sun, and check up on relatives and neighbors." Heat advisories, issued "for dangerous heat conditions that are not expected to reach warning criteria," were in effect for numerous states as of early Thursday, including: Colorado Connecticut Delaware Massachusetts Nebraska New Hampshire New Jersey New Mexico New York Pennsylvania Rhode Island South Dakota Texas Triple-digit temperatures were expected in far west Texas and New Mexico's Luna County, where the NWS advised residents in affected areas to try to limit strenuous to early morning or evening. A large portion of the Midwest was also under extreme heat watch, including parts of Minnesota, Wisconsin, North and South Dakota, Nebraska, Iowa, and Illinois, with a heat wave expected in this area over the weekend. "Numerous daily record highs and warm lows are anticipated Sunday into early next week," the NWS Weather Prediction Center (WPC) said in a post Wednesday. "This level of heat can be dangerous to anyone without effective cooling and/or adequate hydration," the WPC added. What People Are Saying NWS Las Vegas said on X, Tuesday: "Extreme Heat Warning is in effect Wednesday & Thursday with Major Heat Risk across parts of the region. This heat can impact anyone, especially those without access to cooling or hydration. Stay cool, stay hydrated, & limit outdoor activity during peak heat." NWS Boston said on X, Tuesday: "[Dangerous Heat & Humidity Expected Next Week] There is high confidence in several days of dangerous heat and humidity in the Mon through Wed time frame of next week. We will have more specific details later in the week, but the potential for Heat Indices of 100-105+ will exist." What Happens Next Forecasts are sometimes subject to change, and the NWS issues regular updates on its website.
Winnipeg Free Press
5 days ago
- Politics
- Winnipeg Free Press
Louis Riel division parent council suspended amid catchment fight
The Louis Riel School Division has suspended the operations of one of its 41 parent advisory councils amid a stalemate surrounding controversial catchment changes. The volunteer-run collective at J.H. Bruns Collegiate has been in limbo for the better part of the 2024-2025 school year. The group's last regular meeting with administrators at the Grade 9-12 school in Southdale took place in September. The council was formally put on hiatus in February. 'This suspension was initiated following the principal's insistence on controlling the PAC's agenda, including requiring in-person collaboration before agenda distribution, restricting parent questions during meetings, and limiting agenda items to only those deemed 'actionable,'' Alex Razos, a father of three, wrote in a recent letter to Education Minister Tracy Schmidt. 'These demands are not only inappropriate but fundamentally incompatible with the independent, parent-led nature of a PAC.' Razos said families are being punished for asking about the fallout of catchment changes in southeast Winnipeg. The advisory council could be penalized by the Canada Revenue Agency if it remains inactive and cannot meet to sort out filing necessary documentation, he said. Razos' middle child attends J.H. Bruns — one of three high schools affected by a plan to address high demand for French immersion in the Louis Riel School Division and growth in Sage Creek and surrounding areas. The board of trustees voted in June 2022 to approve a building swap, which has been repeatedly delayed, between Collège Béliveau and Windsor Park Collegiate, the larger of the two neighbouring sites. Trustees also agreed to change the designated high school for English students living in Sage Creek, from WPC to J.H. Bruns. At the time, the board voted to lobby the province for funding to expand capacity at J.H. Bruns, located 1.6 kilometres closer to the suburb than WPC, so it could accommodate an influx of students. Razos and others have questioned whether there was a simpler solution, given senior administration has proposed renovations be undertaken at three high schools. 'At the end of the day, we're volunteer parents that just want to discuss the school and make it better, as best we can — knowing that we have these hurdles in front of us,' he said during a phone interview. The division originally suggested an addition to J.H. Bruns could be complete 'as early as September 2024.' Provincial funding to begin the design stage of the project was only approved in early 2025. Multiple parents told the Free Press their inquiries about timelines and the school's response to overcrowding have been met with hostility. 'Persistence isn't persecution. We want to know what will happen (to our kids),' said one parent of a J.H. Bruns student who asked their name be withheld to protect their teenager's identity. A government spokesperson said Schmidt met with members of the advisory council in April and immediately requested her office follow up with the division. Superintendent Christian Michalik and board chair Chris Sigurdson both said the school division has extended multiple invitations to the council to engage in dialogue, including through a mediator provided by the Manitoba School Boards Association. 'We are hopeful that, in time, through direct discussion, the relationship between the division and the PAC at J.H. Bruns can be repaired,' Michalik said in a statement. 'For that reason, we do not intend to engage in discussion through the media.' Sigurdson, who has sat on the division's board since 2010, called the impasse 'unfortunate.' 'We have many, many schools in our division that have active PACs that do great work for our communities and they follow the protocols,' he said. The division has informed the council that its executive is still responsible for fulfilling the role of a treasurer who recently resigned, and Louis Riel School Division's chief financial officer can assist with any outstanding filings. Maggie MacintoshEducation reporter Maggie Macintosh reports on education for the Free Press. Originally from Hamilton, Ont., she first reported for the Free Press in 2017. Read more about Maggie. Funding for the Free Press education reporter comes from the Government of Canada through the Local Journalism Initiative. Every piece of reporting Maggie produces is reviewed by an editing team before it is posted online or published in print — part of the Free Press's tradition, since 1872, of producing reliable independent journalism. Read more about Free Press's history and mandate, and learn how our newsroom operates. Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider becoming a subscriber. Our newsroom depends on its audience of readers to power our journalism. Thank you for your support.
Yahoo
5 days ago
- Business
- Yahoo
W. P. Carey Releases 2024 Corporate Responsibility Report
NEW YORK, June 17, 2025 /PRNewswire/ -- W. P. Carey (W. P. Carey, NYSE: WPC), a leading net lease REIT specializing in corporate sale-leasebacks, build-to-suits and the acquisition of single-tenant net lease properties, today announced the release of its 2024 Corporate Responsibility Report. Prepared in reference to disclosure standards established by the Task Force on Climate-related Financial Disclosures (TCFD) and Global Reporting Initiative (GRI), the report summarizes W. P. Carey's progress and achievements across corporate responsibility initiatives, focused on the company's environmental, social and governance objectives. It can be viewed and downloaded from W. P. Carey's website at Notable highlights and recognitions: Pursued solar opportunities via CareySolar®, increasing total solar in the portfolio to approximately 30 megawatts (MW). Completed inaugural double materiality assessment. Continued to prioritize green leasing, increasing the percentage of leases with green lease provisions to more than 30% as of year-end 2024. Established first emissions reduction target, for Scope 1 and 2 greenhouse gas emissions. Increased tenant enrollment in electricity usage data reporting to more than 60% as a percentage of portfolio square footage. Completed first carbon-neutral construction project. Certified as a Great Place to Work® in the U.S. for the third consecutive year and in the Netherlands for the first time. Maintained a "1" Governance QualityScore Rating from Institutional Shareholder Services. Jason Fox, Chief Executive Officer and President, W. P. Carey said: "Guided by our commitments to Investing for the Long Run and Doing Good While Doing Well, we've made significant strides in advancing our corporate responsibility goals—efforts that support our core business objectives and future growth. By keeping sustainability, social impact and strong governance at the forefront of our business, we're able to align our actions with our values while continuing to focus on delivering long-term value for our stakeholders." W. P. Carey Inc. W. P. Carey ranks among the largest net lease REITs with a diversified portfolio of high-quality, operationally critical commercial real estate, which includes 1,614 net lease properties covering approximately 177 million square feet and a portfolio of 78 self-storage operating properties as of March 31, 2025. With offices in New York, London, Amsterdam and Dallas, the company remains focused on investing primarily in single-tenant, industrial, warehouse and retail properties located in the U.S. and Northern and Western Europe, under long-term net leases with built-in rent escalations. This press release may contain forward-looking statements within the meaning of U.S. Federal securities laws. The comments of Mr. Fox are examples of forward-looking statements. A number of factors could cause W. P. Carey's actual results, performance or achievement to differ materially from those anticipated. Other unknown or unpredictable risks or uncertainties, like the risks related to fluctuating interest rates, the impact of inflation on our tenants and us, the effects of pandemics and global outbreaks of contagious diseases, and domestic or geopolitical crises, such as terrorism, military conflict, war or the perception that hostilities may be imminent, political instability or civil unrest, or other conflict, and those additional risk factors discussed in reports that we have filed with the Securities and Exchange Commission (SEC), could also have material adverse effects on our future results, performance or achievements. Discussions of some of these other important factors and assumptions are contained in W. P. Carey's filings with the SEC and are available at the SEC's website at including Part I, Item 1A. Risk Factors in W. P. Carey's Annual Report on Form 10-K for the fiscal year ended December 31, 2024. Institutional Investors:Peter Sands1 (212) 492-1110institutionalir@ Individual Investors:W. P. Carey Inc.1 (212) 492-8920ir@ Press Contact:Anna McGrath1 (212) 492-1166amcgrath@ View original content to download multimedia: SOURCE W. P. Carey Inc.
Sinar Daily
14-06-2025
- Sport
- Sinar Daily
Game on: Malaysia gears up to host World Pickleball Championship
As fans gear up for five days of intense rallies, stunning upsets, and local pride, all eyes will be on Colin Wong and Team Malaysia to lead the charge. By DANIAL HAKIM 14 Jun 2025 03:00pm The 2024 World Pickleball Championship Grand Finals in Hoi An, Vietnam. Photo courtesy of World Pickleball Championship (WPC) Series. PICKLEBALL fever is about to hit new heights as Malaysia gets ready to host the World Pickleball Championship (WPC) Series for the first time in the nation's for July 16–20 2025, the international showdown will see elite players from across the globe gather at The Pickle Grounds atop One World Hotel—and at the heart of it all is Malaysian pickleball star, Colin WPC Asia Grand Slam: Malaysia 2025 is not any ordinary international tournament as it marks a milestone moment for Southeast Asia's growing pickleball event is expected to draw more than 1,000 competitors from 17 countries, battling it out for a prize pool worth RM120,000. One of the brightest names on the court is Colin Wong, Malaysia's top pickleball athlete and a former gold medallist at WPC India 2024. Wong is set to lead the national team in what is shaping up to be the most competitive edition of the series the fray is Vietnamese pickleball ace Nguyễn Anh Thắng, a Facolos-sponsored athlete and current Top 3 WPC Asia player in the 35+ age is tipped to be one of the international stars to watch, promising exciting showdowns as the competition unfolds. Malaysian pickleball star, Colin Wong (left) are names to watch throughout the pickleball series alongside Vietnamese pickleball ace Nguyễn Anh Thắng (right). Photo courtesy of World Pickleball Championship (WPC) Series. Backed by the Ministry of Tourism, Arts and Culture, the WPC Asia Grand Slam underscores national efforts to attract international sporting events, putting Malaysia firmly on the map of the global pickleball its launch in 2019, the WPC Series has evolved into the most recognised competition in the sport, hosting over 80 events across 15 countries and four far, more than 60,000 registered players have participated, making it the largest global tournament of its WPC's integrated ranking system powered by Pickleball Global, tracks performance data through thousands of match results, creating a comprehensive leaderboard that blends both WPC and Global Pickleball Rankings (GPR).This tracking system allows amateurs and pros alike to compete under one umbrella, pushing the game to greater WPC Asia Grand Slam: Malaysia 2025 signals the sport's shift from niche to mainstream in this region, hinting at grander prospects beyond the horizon. More Like This
Yahoo
13-06-2025
- Business
- Yahoo
W.P. Carey Announces Dividend Rise: Is the Hike Sustainable?
W.P. Carey WPC recently announced a 1.1% hike to its dividend. WPC will now pay a quarterly cash dividend of 90 cents per share, up from 89 cents paid in the prior quarter. The increased amount will be paid out on July 15 to shareholders on record as of June 30, 2025. Based on the increased rate, the annual dividend comes to $3.60 a share, resulting in an annualized yield of 5.7%, considering WPC's closing price of $63.36 on June dividend payouts are arguably the biggest enticement for investment in REIT stocks. However, in December 2023, WPC reduced its dividend to 86 cents from the prior quarter's dividend payment of $1.07. The move resulted from the company's strategic plan to exit its office assets and maintain a lower payout ratio. Thereafter, it maintained a disciplined capital distribution strategy and started increasing gradually, which is encouraging. Check out W.P. Carey's dividend history here. W.P. Carey has one of the largest portfolios of single-tenant net lease commercial real estate in the United States and Northern and Western Europe. The company invests in assets that are mission-critical for its tenants' operations. As such, due to the inherent nature of its portfolio, the REIT can generate better risk-adjusted returns due to higher occupancy. The portfolio occupancy as of March 31, 2025, was 98.3%.Moreover, the portfolio is well-diversified by tenant, industry, property type and geography, aiding steady revenue generation. The existence of rent escalations yields stable cash flows. More than 99% of annualized base rent comes from leases with contractual rent increases, with 49.8% linked to the consumer price index. The company witnessed contractual same-store rent growth of 2.4% in the first quarter of 2025.W.P. Carey has a healthy balance sheet position with ample liquidity. As of March 31, 2025, the company had a total liquidity of $2.0 billion, including around $1.8 billion of available capacity under its senior unsecured credit facility and $187.8 million of cash and cash equivalents. The company's share of pro rata net debt to adjusted EBITDA was 5.8X. Per the April business update, with the repayment of $450 million senior unsecured notes, which matured in February 2025, W.P. Carey has repaid around half of its debt set to mature through 2026. Hence, with solid fundamentals and earnings performance, we expect the latest dividend rate to be sustainable in the long run. Shares of this Zacks Rank #2 (Buy) company have gained 16.3% over the past three months, outperforming the industry's growth of 4.1%. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Image Source: Zacks Investment Research On June 10, Realty Income Corporation O, widely known as 'The Monthly Dividend Company,' has raised its monthly dividend once again — this time to 26.90 cents per share from 26.85 cents. Though marginal, the increase marks its 131st hike since its 1994 NYSE listing. Payable on July 15 to shareholders of record as of July 1, this results in an annualized dividend of $3.228 and a yield of 5.63% based on the June 10 share price of $57.35. A member of the S&P 500 Dividend Aristocrats index, the REIT boasts 30 consecutive years of dividend growth and 111 straight quarterly increases, underscoring its June 2, Essential Properties Realty Trust, Inc. EPRT declared a quarterly cash dividend of 30 cents per share for the second quarter of 2025, reflecting an increase of approximately 2% over the prior quarter. The dividend is payable on July 14, 2025, to stockholders of record as of the close of business on June 30, Anything related to earnings presented in this write-up represents funds from operations (FFO), a widely used metric to gauge the performance of REITs. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Realty Income Corporation (O) : Free Stock Analysis Report W.P. Carey Inc. (WPC) : Free Stock Analysis Report Essential Properties Realty Trust, Inc. (EPRT) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
