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UPL expects to generate cash flows of about $750-800 million in H2FY23 through working capital management, which would aid in debt reduction (Representative Image) PRO Only Highlights - Quarterly performance largely backed by improved realisations - Medium-term triggers China plus and protectionist measures for tyre industry - Valuations not inexpensive; but improved medium-term outlook Highlights Holistic and cost-efficient business model Demand and pricing to remain strong in H2 Corporate realignment to add value in the long run Debt reduction will be key for re-rating UPL Ltd (UPL; CMP: Rs 755; M Cap: Rs 56,663 crore) is the largest agrochemical company in India with a holistic portfolio across crop protection, seeds, bio-solutions and post-harvest products. It is the fifth-largest agrochemical company, globally, with a presence in 138 countries. UPL has a strong and highly cost-efficient business model, having more than... … [Read more...] about UPL: Wait for the right key to open stock re-rating door

Share to Twitter Share to Linkedin If you regularly host holiday gatherings, dinner parties or after-work happy hours, chances are you’re often mixing up drinks for guests. And if these events are a regular occurrence at your home, it might be time to learn how to set up your own bar. Building a home bar might seem like a complicated and potentially expensive undertaking, but it doesn’t have to be. We spoke to bartenders from all around the country, and they explained that you really just need a few essential tools and ingredients to whip up professional-quality cocktails at home. Your local watering hole might feature rows upon rows of different spirits to choose from, but bartenders recommend sticking to the basics for your home bar. “Tequila, bourbon, vermouth, angostura bitters and soda water are always at my home bar,” says Micky Mullins, bar manager at The Bower in New Orleans. “The real secret is most of these ingredients play well with one another. … [Read more...] about Every Essential Tool You Need To Set Up A Fully-Stocked Home Bar, According To Bartenders

Dabur India | CMP: Rs 555 | The share price ended in the red on February 2. FMCG major reported a 5.5 percent year-on-year fall in consolidated net profit to Rs 476.6 crore for the quarter ended December 2022. Net profit stood at Rs 504 crore in the same quarter a year ago, Dabur said in a stock exchange filing. However, revenue from operations grew 3.5 percent YoY to Rs 3043 crore from Rs 2942 crore in Q3 FY22. Revenue crossed the Rs 3000 crore mark for the first-time ever, informed the company in an exchange filing. PRO Only Highlights - Quarterly performance largely backed by improved realisations - Medium-term triggers China plus and protectionist measures for tyre industry - Valuations not inexpensive; but improved medium-term outlook Highlights Results broadly in line with expectations Recovery of rural markets under way Steady market share gains across portfolio Investors with a long-term view can accumulate and add stock on declines Dabur India’s (DIL; … [Read more...] about Dabur India: Volume, margin recovery a work in progress

Share to Twitter Share to Linkedin Name: Rebecca Glasgow Firm: UBS Private Wealth Management Location: Atlanta AUM: $4.6 billion Forbes Rankings: America’s Top Women Wealth Advisors, Top Women Wealth Advisors Best-in-State, Best-in-State Wealth Management Teams, Top Wealth Management Teams Private Wealth, Best-in-State Wealth Advisors Background: Originally from the Boston area, Rebecca Glasgow “always had an interest in numbers” and was planning to be a math major at Cornell University before switching to economics. She launched her career in wealth management shortly after graduation, doing municipal sales and institutional trading in Boston before moving to Washington, D.C., to join the financial planning arm of Lincoln Financial Group. Glasgow eventually moved to Atlanta and joined UBS in 2008, serving as a senior partner at the ESOP Group, one of just a handful of teams across the country that specializes in tax deferral … [Read more...] about A UBS Tax Deferral Specialist Who Manages Nearly $5 Billion

(CTN News) – Epic Games has made City of Gangsters and Dishonored: Death of the Outsider are now available to claim, as well as revealing that Recipe for Disaster will be next week’s free game. On Thursdays, Epic Games Store users have the opportunity to add new free games to their collection. In addition, they receive a preview of what to expect from the digital storefront next week. There are two free games on the Epic Games Store for the period of February 2 to February 9: City of Gangsters and Dishonored: Death of the Outsider. City of Gangsters is a management game in which players manage their own criminal empire. Critics have given it mixed reviews. The reviews for Dishonored: Death of the Outsider were much more positive. One of the most highly anticipated free games on the Epic Games Store in 2023 is Dishonored: Death of the Outsider, a standalone expansion pack for Dishonored 2. Dishonored: Death of the Outsider and City of Gangsters are free to claim … [Read more...] about The Epic Games Store Has a Free Game For February 9

Share to Twitter Share to Linkedin Topline Despite waves of layoffs hitting some of the nation’s largest employers, the unemployment rate unexpectedly fell, and the labor market added back more jobs than expected in January—adding to signs the economy may not be slowing down enough enough for the Federal Reserve to back away from its aggressive campaign to tame rising prices. Key Facts Total employment increased by 517,000 in January—significantly more than the 187,000 new jobs economists were expecting, according to data released Friday by the Labor Department. Despite growing announcements of corporate layoffs last month, the unemployment rate fell to 3.4%—coming in below expectations for it to tick up to 3.6% and instead hitting the lowest level since 1969. "While we have seen many reported layoffs in the tech industry, there are other segments that are continuing to thrive," Bill Armstrong, president of recruiting at Safeguard … [Read more...] about Labor Market Added 517,000 Jobs In January—Unemployment Rate Falls To 54-Year Low Of 3.4%

Share to Twitter Share to Linkedin Netflix NFLX has revealed what its planned crackdown on password sharing in 2023 could look like in the United States. The streamer published details about password plans implemented in several other countries on a U.S. help page (accidentally, at first) on Wednesday and said it would begin a similar program domestically by second quarter. Netflix has long claimed that password sharing, or allowing those outside the immediate family to use a password to access the streamer’s programming, has dramatically cut into its potential user base. Now, subscribers will need to pay a small fee to add a new user to their account. They will also be required to watch something once a month from home Wi-Fi to log a consistent home address, allowing Netflix to track where the passwords are being used. The streaming giant has predicted the changes could lead some users to cancel their service. That’s certainly one … [Read more...] about How Netflix Crackdown On Password Sharing Might Play Out

Share to Twitter Share to Linkedin With New Year’s Eve on the horizon—and the weather outside getting progressively more frightful—it’s the perfect time to try an alcohol delivery service. From single drink orders to buying beverages in bulk, there’s an app for every imbibing need. That means you don’t have to leave your comfy couch to refill your glass, because just like your meal kits and butcher-fresh meats , wine, beer and liquor can be delivered, too. Whether you need to stock your home bar for a party, you want a subscription to keep ’em coming or you need a cocktail, like, right now , there’s an alcohol delivery service to bring booze to your doorstep. For instance, did you know you can add a craft cocktail to your takeout order or throw your favorite adult beverage in with your online grocery haul ? Some services offer same-day deliveries to help you prep for last-minute get-togethers, and wine subscription services offer new varietals … [Read more...] about 8 Alcohol Delivery Services That Bring The Booze To Your Door

Share to Twitter Share to Linkedin There’s a saying that says hard work + timing + talent = success. Sometimes, luck is even thrown into that equation. It’s clear that for the founders of Curio, the Miami-based high-fashion concept store, Danielle Licata and Jeffrey Lasota, they not only have all the ingredients for the recipe for success, but they have made one heck of a smorgasbord out of it. The duo launched Curio in the Faena Bazaar in December of 2019, literally moments before the pandemic gripped the world. For that reason alone the curated retail experience had every reason to fail. Curio entered the market as a high-end retail concept the size of a small department store which launched within a climate where e-commerce was pinned against brick and mortar. And then, the world was hit with the most catastrophic global event in recent history. At this point, the odds did not look good for the founders, but unbeknownst to them at that moment, timing was … [Read more...] about How Fashion Concept Shop, Curio, Became Miami’s Most Desirable Shopping Destination

Share to Twitter Share to Linkedin The U.K. financial system nearly broke this autumn when rising interest rates created a vicious circle of margin calls driving the stock market into free fall and with it a cycle of rising interest rates driving bond yields up causing further margin calls to the pension fund institutions. This kind of hidden danger is just what causes crashes. Pension funds had levered their government bond portfolios to the roof to reach for higher returns. Back in the day these same funds had been squeezed by the regulator out of stocks and into bonds so as not to add too much risk to their funds and get into exactly the vicious circle they now found themselves in by turning safe bonds into mountains of dangerous leverage. What irony! Well, not really. The thing is this, who is going to buy the bonds of a country up to its ears in debt with an out of whack fiscal deficit heading into a recession, let alone buy the bonds of a … [Read more...] about FTSE 100 Break Out Preempts Bank Of England Surrender To Inflation