Latest news with #SNA
Scoop
6 days ago
- Business
- Scoop
Sheep And Beef Farmers Deliver Record Red Meat Returns
Press Release – New Zealand Government The global appetite for high-quality, natural protein is continuing to grow, driving strong prices for New Zealand lamb and beef. Minister of Agriculture New Zealand's sheep and beef farmers are delivering record-breaking red meat export sales and driving strong farmgate returns to the rural economy Agriculture Minister Todd McClay says. 'March was a standout month for our red meat exporters, with a record $1.26 billion in export sales—a 34 per cent increase on March last year. First quarter exports also hit $3.28 billion, up 28 per cent from last year. This is great news for farmers, processors, and rural communities across New Zealand,' Mr McClay says. The global appetite for high-quality, natural protein is continuing to grow, driving strong prices for New Zealand lamb and beef. 'This reflects a deeper, longer-term shift in global consumer behaviour. People everywhere are turning to clean, high-quality, safe and sustainable animal protein, and New Zealand is delivering,' Mr McClay says. Beef and Lamb New Zealand's February forecast projected red meat export revenue to achieve an additional $1.2 billion for the 2024/25 production year. That outlook is well on track, thanks to our farmers hard work and world leading production, with April Stats NZ data confirming an additional $1.1 billion or 5 per cent increase in red meat exports over the past year bringing the total value to $10.6 billion. The Government is doing its part to ensure farmers see more returns at the farm gate by restoring confidence, slashing red tape, and opening up new opportunities. Key actions to drive growth and keep Wellington out of farming include: Removed agriculture from the Emissions Trading Scheme Currently banning full farm-to-forest conversions Started the process of replacing the National Policy Statement for Freshwater Management Moved to fundamentally reform the Resource Management Act Halted unworkable winter grazing, stock exclusion, and Significant Natural Area (SNA) rules Begun rebalancing Te Mana o te Wai to restore the rights of all water users Disbanded Labour's He Waka Eke Noa initiative Repealed the punitive Ute Tax Commenced an inquiry into rural banking Halted Labour's costly Freshwater Farm Plans Completed a number of Free Trade Agreements that offer farmers greater opportunity in new markets Removed $733 million in non-tariff trade barriers 'Our farmers are world leaders in producing high-quality, safe, sustainable, grass-fed meat. This Government backs them 100 per cent, and we'll keep cutting through the red tape so they can keep delivering for New Zealand,' Mr McClay says.
Scoop
6 days ago
- Business
- Scoop
Sheep And Beef Farmers Deliver Record Red Meat Returns
Minister of Agriculture New Zealand's sheep and beef farmers are delivering record-breaking red meat export sales and driving strong farmgate returns to the rural economy Agriculture Minister Todd McClay says. 'March was a standout month for our red meat exporters, with a record $1.26 billion in export sales—a 34 per cent increase on March last year. First quarter exports also hit $3.28 billion, up 28 per cent from last year. This is great news for farmers, processors, and rural communities across New Zealand,' Mr McClay says. The global appetite for high-quality, natural protein is continuing to grow, driving strong prices for New Zealand lamb and beef. 'This reflects a deeper, longer-term shift in global consumer behaviour. People everywhere are turning to clean, high-quality, safe and sustainable animal protein, and New Zealand is delivering,' Mr McClay says. Beef and Lamb New Zealand's February forecast projected red meat export revenue to achieve an additional $1.2 billion for the 2024/25 production year. That outlook is well on track, thanks to our farmers hard work and world leading production, with April Stats NZ data confirming an additional $1.1 billion or 5 per cent increase in red meat exports over the past year bringing the total value to $10.6 billion. The Government is doing its part to ensure farmers see more returns at the farm gate by restoring confidence, slashing red tape, and opening up new opportunities. Key actions to drive growth and keep Wellington out of farming include: Removed agriculture from the Emissions Trading Scheme Currently banning full farm-to-forest conversions Started the process of replacing the National Policy Statement for Freshwater Management Moved to fundamentally reform the Resource Management Act Halted unworkable winter grazing, stock exclusion, and Significant Natural Area (SNA) rules Begun rebalancing Te Mana o te Wai to restore the rights of all water users Disbanded Labour's He Waka Eke Noa initiative Repealed the punitive Ute Tax Commenced an inquiry into rural banking Halted Labour's costly Freshwater Farm Plans Completed a number of Free Trade Agreements that offer farmers greater opportunity in new markets Removed $733 million in non-tariff trade barriers 'Our farmers are world leaders in producing high-quality, safe, sustainable, grass-fed meat. This Government backs them 100 per cent, and we'll keep cutting through the red tape so they can keep delivering for New Zealand,' Mr McClay says.
Yahoo
22-05-2025
- Business
- Yahoo
3 Low-Volatility Stocks Walking a Fine Line
Low-volatility stocks may offer stability, but that often comes at the cost of slower growth and the upside potential of more dynamic companies. Choosing the wrong investments can cause you to fall behind, which is why we started StockStory - to separate the winners from the losers. Keeping that in mind, here are three low-volatility stocks that don't make the cut and some better opportunities instead. Rolling One-Year Beta: 0.79 Founded in 1920, Snap-on (NYSE:SNA) is a global provider of tools, equipment, and diagnostics for various industries such as vehicle repair, aerospace, and the military. Why Do We Think Twice About SNA? Absence of organic revenue growth over the past two years suggests it may have to lean into acquisitions to drive its expansion 6.3 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position Diminishing returns on capital suggest its earlier profit pools are drying up At $322.12 per share, Snap-on trades at 16.1x forward P/E. To fully understand why you should be careful with SNA, check out our full research report (it's free). Rolling One-Year Beta: 0.61 With a network of 161 specialized facilities across 37 states and Puerto Rico, Encompass Health (NYSE:EHC) operates inpatient rehabilitation hospitals that help patients recover from strokes, hip fractures, and other debilitating conditions. Why Is EHC Not Exciting? Expenses have increased as a percentage of revenue over the last two years as its adjusted operating margin fell by 4 percentage points Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 2.2 percentage points Encompass Health's stock price of $119.01 implies a valuation ratio of 24.4x forward P/E. Check out our free in-depth research report to learn more about why EHC doesn't pass our bar. Rolling One-Year Beta: 0.91 With over 2,500 research experts guiding organizations through complex technology landscapes, Gartner (NYSE:IT) provides research, advisory services, and conferences that help executives make better decisions about technology and other business priorities. Why Are We Hesitant About IT? Earnings growth over the last two years fell short of the peer group average as its EPS only increased by 9.3% annually Gartner is trading at $442.91 per share, or 35.7x forward P/E. If you're considering IT for your portfolio, see our FREE research report to learn more. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. 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-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio
Yahoo
22-05-2025
- Business
- Yahoo
3 Low-Volatility Stocks Walking a Fine Line
Low-volatility stocks may offer stability, but that often comes at the cost of slower growth and the upside potential of more dynamic companies. Choosing the wrong investments can cause you to fall behind, which is why we started StockStory - to separate the winners from the losers. Keeping that in mind, here are three low-volatility stocks that don't make the cut and some better opportunities instead. Rolling One-Year Beta: 0.79 Founded in 1920, Snap-on (NYSE:SNA) is a global provider of tools, equipment, and diagnostics for various industries such as vehicle repair, aerospace, and the military. Why Do We Think Twice About SNA? Absence of organic revenue growth over the past two years suggests it may have to lean into acquisitions to drive its expansion 6.3 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position Diminishing returns on capital suggest its earlier profit pools are drying up At $322.12 per share, Snap-on trades at 16.1x forward P/E. To fully understand why you should be careful with SNA, check out our full research report (it's free). Rolling One-Year Beta: 0.61 With a network of 161 specialized facilities across 37 states and Puerto Rico, Encompass Health (NYSE:EHC) operates inpatient rehabilitation hospitals that help patients recover from strokes, hip fractures, and other debilitating conditions. Why Is EHC Not Exciting? Expenses have increased as a percentage of revenue over the last two years as its adjusted operating margin fell by 4 percentage points Capital intensity has ramped up over the last five years as its free cash flow margin decreased by 2.2 percentage points Encompass Health's stock price of $119.01 implies a valuation ratio of 24.4x forward P/E. Check out our free in-depth research report to learn more about why EHC doesn't pass our bar. Rolling One-Year Beta: 0.91 With over 2,500 research experts guiding organizations through complex technology landscapes, Gartner (NYSE:IT) provides research, advisory services, and conferences that help executives make better decisions about technology and other business priorities. Why Are We Hesitant About IT? Earnings growth over the last two years fell short of the peer group average as its EPS only increased by 9.3% annually Gartner is trading at $442.91 per share, or 35.7x forward P/E. If you're considering IT for your portfolio, see our FREE research report to learn more. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Growth Stocks for this month. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. 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-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Error while retrieving data Sign in to access your portfolio Error while retrieving data
Time of India
16-05-2025
- Business
- Time of India
State introduces e-Work 2.0 to streamline rural works, including MLA-LAD scheme
Jaipur: Under the e-Work 2.0 module, launched by the state's rural development department, several departmental activities, including recommendations or proposals for development projects by MLAs in their respective assembly constituencies under the MLA-LAD scheme , are now done digitally or online. This initiative aims to enhance transparency, enable real-time monitoring, reduce work completion time, streamline govt processes, and improve efficiency in project execution. Some of these activities include cost estimation of development projects, digitally signed sanctioning/approval of work, and online measurement of work (DANG, MAGRA, and MEWAT area development programmes and MLA-LAD). Additionally, it involves online payment through a single nodal account (SNA), inspection and monitoring of development projects, preparation of work completion and utilisation certificates online, SSO integration, and geo-tagging of works. "Under this module, MLAs can recommend development projects to be undertaken in their respective assembly constituencies through the e-Work mobile app. The financial and physical status of these projects can also be monitored through this app," said project director rural development and deputy secretary Omkareshwar Sharma. While the e-Work 2.0 module was launched by chief minister Bhajan Lal Sharma on March 27, most of the features of this module were conceptualised by additional chief secretary (ACS) rural development department Sreya Guha. The department has also suggested to the state govt that the e-Work module can be replicated in departments such as tribal area development (TAD), forest, local self-government, public works department (PWD), water resources (WRD), and Public Health Engineering Department (PHED). Graphics · Centralized Payment System through SNA: Ensures streamlined and controlled disbursement of funds. · No Fund Parking: Ensures funds are not idle at any level, optimizing financial flow · Easy Reconciliation: Automated financial reconciliation, reducing discrepancies · Single Portal for Work Lifecycle: From proposal to completion, all processes are online · Real-Time Monitoring: Track physical and financial progress at every stage · Delayed Work Tracking: Identify and act on projects exceeding time limits · Standardized Inspection Monitoring: Ensures inspections follow prescribed norms · Reduced Work Completion Time: Faster approvals, fund transfers, and execution · Transparent Approvals & Documentation: Digital record-keeping reduces manipulation risks e-Works Mobile App - is a digital platform for seamless project monitoring, inspection, and approval. It enhances transparency, speeds up workflows, and ensures timely payments through real-time tracking and online services
