Latest news with #FDP
Yahoo
3 days ago
- Business
- Yahoo
1 Consumer Stock to Own for Decades and 2 to Keep Off Your Radar
Consumer staples stocks are solid insurance policies in frothy markets ripe for corrections. Surprisingly, the sector hasn't played its shielding role over the past six months as it tumbled 14.1%. This drop was much worse than the S&P 500's 1.8% decline. The elite companies can churn out earnings growth under any circumstance, however, and our mission at StockStory is to help you find them. On that note, here is one consumer stock boasting a durable advantage and two that may face trouble. Market Cap: $16.88 billion Best known for its SPAM brand, Hormel (NYSE:HRL) is a packaged foods company with products that span meat, poultry, shelf-stable foods, and spreads. Why Do We Think Twice About HRL? Shrinking unit sales over the past two years show it's struggled to move its products and had to rely on price increases Easily substituted products (and therefore stiff competition) result in an inferior gross margin of 16.7% that must be offset through higher volumes Sales were less profitable over the last three years as its earnings per share fell by 6.5% annually, worse than its revenue declines Hormel Foods's stock price of $30.70 implies a valuation ratio of 17.7x forward P/E. Check out our free in-depth research report to learn more about why HRL doesn't pass our bar. Market Cap: $1.59 billion Translating to "of the mountain" in Spanish, Fresh Del Monte (NYSE:FDP) is a leader in providing high-quality, sustainably grown fresh fruits and vegetables. Why Do We Steer Clear of FDP? Sales were flat over the last three years, indicating it's failed to expand its business Gross margin of 8.2% is an output of its commoditized products Low returns on capital reflect management's struggle to allocate funds effectively Fresh Del Monte Produce is trading at $33.13 per share, or 8.2x forward EV-to-EBITDA. Dive into our free research report to see why there are better opportunities than FDP. Market Cap: $7.89 billion Spun out of Post Holdings in 2019, Bellring Brands (NYSE:BRBR) offers protein shakes, nutrition bars, and other products under the PowerBar, Premier Protein, and Dymatize brands. Why Are We Bullish on BRBR? Stellar 20.8% growth in unit sales over the past two years demonstrates the high demand for its products Earnings growth has trumped its peers over the last three years as its EPS has compounded at 28% annually ROIC punches in at 48.9%, illustrating management's expertise in identifying profitable investments At $62.15 per share, BellRing Brands trades at 26.1x forward P/E. Is now the time to initiate a position? See for yourself in our in-depth research report, it's free. Donald Trump's victory in the 2024 U.S. Presidential Election sent major indices to all-time highs, but stocks have retraced as investors debate the health of the economy and the potential impact of tariffs. While this leaves much uncertainty around 2025, a few companies are poised for long-term gains regardless of the political or macroeconomic climate, like our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Tecnoglass (+1,754% five-year return). Find your next big winner with StockStory today for free.
Yahoo
4 days ago
- Politics
- Yahoo
Dem senate candidate hurls accusations at FDP regarding speaking opportunity at upcoming event
Photo taken from Tamika Lyles campaign website A Democratic candidate who wants to challenge U.S. Sen. Ashley Moody next year is ripping into the state party, accusing it of unfairly excluding her from the party's upcoming annual fundraiser while at the same time opening the door to another potential Senate candidate. The Florida Democratic Party strongly disputes the assertion made by Tamika Lyles that the party is violating its bylaws as well as 'the basic principles of democracy.' Here's what we know: Lyles filed to run for the U.S. Senate on April 1. Josh Weil is a Democrat who raised a large amount of money in his unsuccessful bid to beat Republican Randy Fine in the special congressional election in District 6 in April. He too, is expected to announce his candidacy in the 2026 Senate race later this month. The Lyles' campaign raised objections when it learned that Weil would be given an opportunity to speak at the party's Leadership Blue Weekend event, which includes a gala, being held at the Hard Rock in Hollywood June 20-22, believing it to be a slight since Weil has yet to announce his candidacy. Lyles' campaign on Tuesday issued a lengthy statement expressing its anger. SUBSCRIBE: GET THE MORNING HEADLINES DELIVERED TO YOUR INBOX But FDP officials say Lyles isn't telling the whole story, and that the party isn't supporting anybody in next year's Senate primary. FDP says that Weil is only getting an opportunity to speak at Leadership Blue Weekend because he paid $50,000 to become a 'title sponsor' for the event. It's the highest price point among the four different sponsorships that attendees can donate (the three other sponsorships range between $5,000 to $25,000.) The $50,000 donation comes with perks, including four reception tickets, two seats at the head table for the event and a 'speaking opportunity,' as listed in an FDP document. The event is the biggest fundraiser of the year for the Democratic Party, with individual tickets going for $300. Lyles said that she was informed by an FDP official that she too, could get a speaking slot similar to Weil's if she would pay the $50,000 required to become a title sponsor. The Lyles campaign claims the party's decision to not initially reach out to her highlights 'a serious issue of unequal treatment and exclusion,' adding that 'it is an act of discrimination, one that mirrors the ongoing marginalization of women, particularly Black women and grassroots candidates nationwide.' Lyles is Black. The FDP says that's not what happened here. 'Title sponsorships for our annual Leadership Blue Weekend are available to all candidates, and no title sponsorship opportunities have been 'extended' to any candidates,' said FDP spokesperson Matt Dailey. 'However, as the information on how to sign up for a title sponsorship has been publicly available on our website for months, some candidates have reached out to us to sponsor the event. ' Lyles is a U.S. Air Force veteran based in Osceola County who is making her third run for public office. She briefly entered the Democratic primary for Senate in 2018 before withdrawing. In 2020 she finished third in a five-person Democratic primary for a Central Florida House seat. 'This is what voter suppression looks like inside the party,' she said in a written statement to the Florida Phoenix. 'I have served this country in uniform, earned multiple degrees, led legal and advocacy efforts for over a decade, and built a campaign powered by people, not political insiders. Yet it still isn't enough to be treated fairly or be given the same access as a man who hasn't even entered the race.' FDP officials say that the only people speaking at the Leadership Blue Gala on Saturday night, June 21, the signature event of the weekend, will be New Jersey Sen. Cory Booker, Kentucky Gov. Andy Beshear, Chair Nikki Fried and sitting members of Congress. Weil will be given a speaking slot at some other time during the weekend event, which includes lots of panel discussions. This isn't the first time that there's been an issue in regard to who gets to speak among Senate Democratic candidates at the Leadership Blue Weekend. At last year's event held in Orlando, the eventual nominee, Debbie Mucarsel-Powell, did speak during the evening event (an FDP official tells the Phoenix that they 'believed' that both of those candidates paid to get the chance to address party members at last year's event). Her main opponent in the primary election last August, Black tech entrepreneur Stanley Campbell, said he was only invited to speak during a morning session in front of a much smaller group of people. When asked if it wasn't a bad look that only candidates who could offer to pay $50,000 could get a speaking slot sometime during the weekend, the FDP's Matt Dailey said that raising money for the party is what the event is essentially all about. 'Above all, Leadership Blue is a fundraising event – our largest and most important of the year,' he said. 'The practice of offering a spot in the weekend schedule to incentivize title sponsorship is a long-time and well-advertised practice of the party.' SUPPORT: YOU MAKE OUR WORK POSSIBLE
Hans India
5 days ago
- Hans India
FDP on cyber security for faculty, researchers, professionals
Visakhapatnam: To equip institution's faculty, researchers and industry professionals with advanced knowledge and tools to combat rising cyber threats, a faculty development programme (FDP) on cyber security was held here on Monday. Organised jointly by GITAM and CDAC, the Centre for Development of Advanced Computing (C-DAC) located in Hyderabad is a Scientific Society of the Ministry of Electronics and Information Technology. The C-DAC centre head CHAS Murthy and noted cyber security expert Sarat Chandra Babu attended as resource persons and emphasised the urgent need for educational institutions to lead the charge in cyber security preparedness and human resource development. The experts briefed about current vulnerabilities, AI-driven cyber threats and the growing importance of securing digital infrastructures. They said that under the national Information Security Education and Awareness framework, the programme aims to bridge the knowledge gap between evolving threats and institutional readiness. The institution's School of Computer Science and Engineering dean S. Arun Kumar reaffirmed the institution's commitment to enhancing digital resilience and fostering academic-industry collaboration in cyber security. The School of Technology director K. Nagendra Prasad mentioned that the FDP represents the institution's continued dedication to academic excellence and national digital empowerment, creating a skilled workforce ready to tackle tomorrow's cyber challenges. The six day FDP features a well-curated line-up of expert-led sessions, hands-on workshops, and collaborative discussions on emerging cybersecurity trends, including topics like IoT security, vulnerability exploitation, the MITRE ATT&CK framework and real-world defence strategies.
The Hindu
6 days ago
- The Hindu
Training programme held on cyber security
GITAM Deemed to be University and Centre for Development of Advanced Computing (C-DAC) on Monday (June 2) jointly organised a faculty development programme (FDP) on cyber security here. The six-day FDP features expert-led sessions, workshops and discussions on emerging cybersecurity trends, including topics such as IoT security and vulnerability exploitation. C-DAC Centre head C.H.A.S. Murthy and cyber security expert Sarat Chandra Babu attended as resource persons and emphasised the urgent need for educational institutions to lead the charge in cyber security preparedness and human resource development. The experts briefed about current vulnerabilities, AI-driven cyber threats and the growing importance of securing digital infrastructures. GITAM School of Computer Science and Engineering dean S. Arun Kumar and GITAM School of Technology director K. Nagendra Prasad spoke.
Fibre2Fashion
27-05-2025
- Business
- Fibre2Fashion
ONGC, Invenire JV revives PY-3 field in India with new plan
A Joint Venture of Oil and Natural Gas Corporation Limited (ONGC), Hardy Exploration & Production (India) Inc., and Invenire Petrodyne Limited has successfully commenced production from the PY-3 Field, located offshore in the Cauvery Basin on the east coast of India, as of 23 May 2025. Originally brought onstream in 1997, the PY-3 Field had been shut since July 2011. Since then, a multi-phase revised Field Development Plan (FDP) has been implemented to revive production. The PY-3 Field offshore Cauvery Basin resumed production on May 23, 2025 after being shut since 2011. Phase I of the Field Development Plan (FDP) involved well activation and subsea infrastructure installation. Phase II will focus on drilling and enhanced oil recovery. ONGC holds 50.63 per cent, Hardy Exploration 22.79 per cent, and Invenire 26.58 per cent. Phase I of the revised FDP has now been completed. This included integrity assessment, conditioning, and activation of the subsea well PD3SA; installation of subsea infrastructure; and hook-up to the Floating Production, Storage, and Offloading (FPSO) vessel Svetah Venetia. The FPSO is being used to process and separate oil, gas, and water. The produced oil is stored on the FPSO and offloaded to shuttle tankers for transport to refineries. Phase II of the FDP will involve the drilling of additional wells and the application of enhanced oil recovery (EOR) techniques to boost output from this prolific field, which yields light, sweet crude oil. Hardy Exploration & Production (India) Inc., a company of the Invenire Energy Group, is the operator of the block with an effective 22.79 per cent participating interest. ONGC holds a 50.63 per cent effective participating interest, and Invenire Petrodyne Ltd. holds the remaining 26.58 per cent. In a joint statement, Mr. Manish Maheshwari, Chairman, Invenire Energy, and Mr. Arunangshu Sarkar, Director (Strategy & Corporate Affairs), ONGC, expressed their appreciation to the Ministry of Petroleum and Natural Gas (MoPNG) and the Directorate General of Hydrocarbons (DGH) for their support, guidance, and unwavering encouragement, which were instrumental in achieving this milestone. Mr. Maheshwari added that this marks a significant step in Invenire's operational journey and reaffirms the JV's commitment to contributing to India's energy security. Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged. Fibre2Fashion News Desk (MS)
