New format will cater to businesses owners, particularly at the small and local level When it comes to businesses, Instacart was already in the neighborhood, so it decided to set up shop permanently. On Feb. 28, the grocery delivery and pick-up service announced Instacart Business, which caters to business owners, particularly at the small and local level. Instacart COO Asha Sharma was part of the development of Instacart Business, and she sees it as one that could compete with the likes of Amazon and Walmart, and in the food and supplies marketplace it could one day be the gold standard. Related: 5 things: Instacart pushes into Amazon and Walmart territory “When I think about small businesses in my neighborhood, I think about the establishments I eat at and shop at, but I also think about the people behind them and I think about their families, and I think that our products play a unique role in both of their lives,” Sharma told Supermarket News. “I want [Instacart] to be the largest food and supplies marketplace for consumers and small businesses.” Related: New Instacart tools speak to both grocers and CPG brands Instacart actually has been serving small businesses with […]

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Resistance to change is limiting digital transformation Technology businesses must do more to show why they have invested in data-driven solutions and how it has improved operational performance if the resisters are to change their attitude Most companies begin with digitalisation and technology, but it’s the wrong place to start; knowing corporate objectives and understating why digitalisation is the way to achieve them is the first step Source: Prasit Rodphan/Alamy Stock Photo The aim for shipowners, charterers and everyone involved in the collection and sharing of data is to simplify.

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Vision includes focus on student success; research excellence; land-grant impact; diversity, equity, inclusion and belonging; and internal operations; presidential vision and goals will support framework for University’s next strategic plan Penn State President Neeli Bendapudi at Schwab Auditorium at University Park campus. Credit: Michelle Bixby / Penn State. Creative Commons UNIVERSITY PARK, Pa. — Penn State President Neeli Bendapudi today (Feb. 27) shared her vision for the future of the University — a vision defined by building steadfastly on Penn State’s purpose, enabling agility across the institution to respond to ever-changing needs, and leveraging the University’s many strengths to realize strategic opportunities. “Focusing on our purpose, increasing our agility and leveraging our opportunity will be the core drivers of the future of our great University,” Bendapudi said. “We must build on our legacy as Pennsylvania’s only land-grant university and our foundational purpose of serving our commonwealth, our nation and our world. We must be agile to meet the needs of our students, an evolving workforce, the commonwealth and, indeed, humanity. We must rise to meet the opportunities before us, to continue preparing our students for lifelong success, to continue solving the world’s most pressing problems through cutting-edge research, and […]

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zoff-photo/iStock via Getty Images Strattec Security Corporation (NASDAQ: STRT ) is a designer and manufacturer of vehicle access and power systems. The company has alliances and JVs in place with competitors that have positioned it as one of the world’s largest players for these specific components. The company has increased revenues in line with U.S. auto sales, but consistently lower gross margins have threatened profitability. STRT suffers from the same operational cycles as the auto industry in general, and these cycles seem to have worsened after the GFC. Although the company might be interesting on a historical basis, it seems difficult that the company will recover previous profitability levels. Further, historical FCF averages show a very different picture from accruals. Note: Unless otherwise stated, all information has been obtained from STRT’s filings with the SEC . Business description Components for the auto industry : STRT designs and manufactures vehicle access and power components. These include keys, start systems, latch products, and power access systems. Some of STRT’s core products (STRT’s investor presentation) The auto component manufacturing industry is not great. It is a design-win business where competitors spend R&D resources to try to get a component into one of […]

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Unprecedented amount of dry powder raised in Southeast Asia’s VC sector: VC firm watch now Global venture capital firm 500 Global is bullish on the VC sector, even as venture funding took a hit in 2022 as economic uncertainties loomed. “There is definitely a drop in the allocation towards ventures this year, but it really depends on which markets you are investing in, and what the opportunities set in those markets are,” said Vishal Harnal, managing partner of 500 Global, on CNBC’s “ Squawk Box Asia ” Monday. According to data compiled by Crunchbase, global venture funding in 2022 totaled $445 billion — lower by 35% compared to the previous year. “But I wouldn’t go so far as to say that there is a funding winter,” Harnal told CNBC’s Martin Soong and SriJegarajah. The firm manages more than $2.7 billion in assets. Some of the startups they invested in during their early stages include Australian graphic design software Canva , Southeast Asia’s ride-hailing firm Grab and Indonesian fish farming tech startup eFishery . Grab has since listed on the Nasdaq. Harnal said entrepreneurs have gotten used to getting cheap capital in the last decade. “That has funded certain types […]

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Manuta/iStock via Getty Images Celanese Corporation’s (NYSE: CE ) growth may be slowing in the face of rising economic headwinds in the U.S. and across the globe. The Fed may continue to raise interest rates further, increasing the pressure on consumers and companies. Although the company’s high debt is not a concern in the short term, the company has to prioritize debt payments. The company is focused on reducing debt, but it will take time, and the economy must cooperate. New investors may be better off avoiding the stock until there is clarity on the economy’s direction. The stock may be a buy if it drops below $100. Existing investors may consider selling covered calls to generate income. Margins may be under pressure in 2023 The company generated net sales of $2.34 billion in Q4 2022 compared to $2.27 billion in Q4 2021, a growth of 2.99%. The company’s Engineered Materials segment grew sales from $707 million in Q4 2021 to $1,237 million in Q4 2022, a 74% growth rate. But, the company’s Acetyl Chain segment saw a decline in sales from $1,590 million in Q4 2021 to $1,135 million in Q4 2022, a loss of 28.6%. Since the […]

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Build-to-rent heavyweight takes top Telford role React News is a wholly owned subsidiary of Green Street Advisors (UK) Ltd, doing business as Green Street. Green Street Advisors (UK) Ltd is authorised and regulated by the Financial Conducts Authority (FRN 482269). React News is not part of Green Street’s regulated business in the UK or the US and is not a product of the firm’s research department. React News operates behind robust Chinese Walls to ensure the independence of React News and the research and advisory services provided by Green Street. React News staff does not influence, nor do they play any part in the research process. Any interaction between the news employees and the research staff is monitored by the firm’s Compliance Department. This is not an invitation to engage in investment activity. For US customers: React News abides by the California Consumer Privacy Act (CCPA) and does not sell customer information unless you “opt in” to sharing your personal information as part of the registration process for React News webinars; click here for more information .

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There’s no time like the present and no place quite like Bridgewater School With the right foundations, there are no limits to a child’s potential. Playing, exploring and active learning are all essential building blocks, crucial for igniting children’s curiosity and enthusiasm for learning and critical to their personal, social and emotional development. This is why this family-focused school provides an inspiring and nurturing environment from which to explore the world, right from the start of each child’s learning journey. From the age of three, pupils are nurtured in a secure and continuous learning environment with specially designed play areas and purpose-built classrooms. A holistic approach to education combines specialist teaching in computing, music, drama, P.E. and modern foreign languages with an abundance of extra-curricular and enrichment opportunities designed to develop and support children’s progress in all areas of learning and bring out the best in every individual. This celebration of achievement in all areas of school life has been the cornerstone of Bridgewater’s success. Throughout their outstanding early year’s foundation stage (kindergarten and reception) and preparatory department (years 1-6), small class sizes, with activities and support tailored to meet the specific needs of each child, ensure that everyone […]

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By: Ramesh Chander, Murray Hunter, and Lim Teck Ghee It’s what’s in the fine print Various excuses can be made for Malaysia’s 2023 budget – mainly status quo ante, part recovery, and part election-oriented– produced by the new government, which is kicking the can of fiscal and institutional reform further down the road. In his budget presentation, Prime Minister Anwar Ibrahim, also the Finance Minister, asked: “the question is whether there is political will to effect change” to what he diagnosed as the challenges facing the nation: high debt levels, low quality of administration, global uncertainties, slow investment recovery, and Rakyat economic woes. However, Anwar’s administration had fewer than 90 days after coming to office to produce the new budget. In addition, he crafted the budget with looming state elections in mind, so perhaps it is not surprising that the rhetoric of change and reform has largely remained rhetoric. The first part of our commentary before the budget presentation (see “ My Say: Case for a Reformist Budget 2023 ”) was to stress the need to tackle long-overdue reforms such as restructuring the economy, reforming the tax regime, and reforming the Employee Retirement Fund. However, it is clear that […]

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Source: Shutterstock Key Insights General Dynamics’ estimated fair value is US$312 based on 2 Stage Free Cash Flow to Equity Current share price of US$232 suggests General Dynamics is potentially 26% undervalued Our fair value estimate is 14% lower than General Dynamics’ analyst price target of US$268 Today we will run through one way of estimating the intrinsic value of General Dynamics Corporation ( NYSE:GD ) by taking the forecast future cash flows of the company and discounting them back to today’s value. We will use the Discounted Cash Flow (DCF) model on this occasion. Before you think you won’t be able to understand it, just read on! It’s actually much less complex than you’d imagine. We generally believe that a company’s value is the present value of all of the cash it will generate in the future. However, a DCF is just one valuation metric among many, and it is not without flaws. Anyone interested in learning a bit more about intrinsic value should have a read of the Simply Wall St analysis model . See our latest analysis for General Dynamics The Calculation We’re using the 2-stage growth model, which simply means we take in account two […]

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