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HP2-Z29 - Delta - Applying HP FlexNetwork Fundamentals - Dump Information

Vendor : HP
Exam Code : HP2-Z29
Exam Name : Delta - Applying HP FlexNetwork Fundamentals
Questions and Answers : 30 Q & A
Updated On : April 17, 2019
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HP2-Z29 Delta - Applying HP FlexNetwork Fundamentals

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HP2-Z29 exam Dumps Source : Delta - Applying HP FlexNetwork Fundamentals

Test Code : HP2-Z29
Test Name : Delta - Applying HP FlexNetwork Fundamentals
Vendor Name : HP
Q&A : 30 Real Questions

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HP Delta - Applying HP

HP Raises the Bar for wonderful and at ease instruments with innovative computing device improvements | Real Questions and Pass4sure dumps

game-altering security carrier, commercial virtual reality solution, and new PCs shine at HP’s international partner conference

news Highlights:

  • Introducing protection as a carrier with HP DaaS Proactive protection service
  • Innovating for growing organizations with new HP ProBooks and HP ProDesk
  • Reimagining conferencing and collaboration options with HP Zoom Room solutions
  • Revolutionizing practicing with the HP Reverb VR Headset
  • Delighting consumers with design, mobility, and performance aspects throughout HP ENVY and x360s
  • HOUSTON, March 19, 2019 (GLOBE NEWSWIRE) -- HP Reinvent: World associate discussion board – these days at HP Reinvent, the company’s greatest world accomplice adventure, HP Inc. unveiled a number of bold new offerings – together with a ground-breaking security carrier, a slicing-side industrial virtual reality (VR) headset, and fantastic customer and commercial PCs – all designed to transform experiences throughout work and lifestyles.

    “As consumers’ expectations for amazing expertise is greater than ever, participating with our companions to satisfy the evolving needs of the subsequent generation has not ever been greater vital,” spoke of Alex Cho, president, very own techniques, HP Inc. “by means of growing methods for purchasers to control, detect and defend against protection threats with HP DaaS Proactive protection carrier; redefining practising with HP Reverb; and, bringing commercial and consumer top rate notebook design mainstream, we continue to be passionate about growing the area’s most interesting contraptions and intelligent solutions.”

    reworking Experiences for WorkSecurity as a ServiceThe safety panorama continues to conform, with endpoints being one of the vital usual assault vectors, and 64 % of businesses experiencing a major breach via an endpoint in the ultimate 12 months alone1.

    HP is taking the lead in addressing these endpoint protection challenges, unveiling a brand new security-concentrated managed provider designed to enforce guidelines, actively display screen, proactively reply, and take care of against the risk of undetected attacks.

    HP DaaS Proactive protection provider, a major extension to HP’s award-successful device as a provider offering, is designed to go past anti-virus options and supply a crucial extra layer of protection. as the world’s most advanced isolation security carrier for files and browsing on home windows 10 PCs2, HP DaaS Proactive protection carrier extends protection and protection intelligence to transform endpoints out of your greatest chance to your most excellent protection. HP DaaS Proactive security provides precise-time malware insurance plan for computing endpoints and chance analytics through HP TechPulse. moreover, really expert provider specialists can be found to implement endpoint coverage compliance and supply insights with targeted kill chain analysis to IT groups.

    The carrier additionally contains a security self-assessment tool3 and scorecard, and cyber protection solutions such incident response and cyberinsurance features from Aon4, a leading international expert functions firm. HP has joined forces with Aon to carry finished security options to commercial companies that span evaluation, endpoint safety, breach response, and cyberinsurance. This combination of safety as a provider and professional features from Aon offers a holistic, tightly integrated provider experience for customers. For extra suggestions, please visit

    “The strategic collaboration with HP further demonstrates Aon’s holistic approach to cyber possibility administration by integrating our CyQu evaluation methodology and our center-market insurance panel to diagnose customer possibility, allow chance transfer and supply prescriptive remediation recommendations,” spoke of J. Hogg, CEO of Cyber options, Aon. “At Aon, we proceed to innovate to clear up our shoppers’ most urgent cyber challenges, and the combination of Aon’s cyber capabilities into the HP DaaS solution is proof of the colossal price we will create collectively.”

    Bringing top rate Experiences MainstreamSMBs are enthusiastic about their business, and having expertise that helps them keep time and develop their enterprise is paramount. They seek sturdiness and value. With pretty much half of all SMBs nevertheless operating windows 75, now's the time for transforming into groups to begin the swap to an impressive new windows 10 desktop that securely unlocks the efficiency that gets the job executed both in and outdoors the workplace.

    Designed for the modern SMB staff, HP has improved its AMD business portfolio with the addition of the HP ProBook 445R G6, HP ProBook 455R G6, and the HP ProDesk 405 G4 desktop Mini.

    Powered by means of 2nd technology AMD Ryzen™ cell processors, the HP ProBook 445R G6 and HP ProBook 455R G66 support experts reside productive in the office and on the go. the new notebooks undertake the stylish design idea discovered throughout the HP EliteBook portfolio, that includes an extremely-slim aluminum chassis with crisp strains, clear edges and undergoes 19 MIL-STD tests7 for sturdiness. The one hundred eighty-degree hinge allows clients to lay the contraptions flat, making it less complicated to share content material and collaborate, whereas HP Noise Cancellation reduces background noise with the aid of up to 20dB8, offering a sturdy audio and video conferencing adventure.

    Story continues

    The HP ProDesk 405 G4 laptop Mini offers the efficiency, expandability, and protection that SMBs need in a compact and stylish design. The computer is the enterprise’s first 400-collection computer mini, that includes a 2nd generation AMD Ryzen™ professional processor with developed-in Radeon™ Vega images and can assist up to 3 displays9, serving a brand new market of customers who need an impressive device to create content coupled with the advanced safety and manageability capabilities of the AMD processor.

    Reimagining conferencing and collaboration solutionsToday’s staff prefers in-person conferences more than old generations. Eighty-four percent of Gen Z laborers prefer in-grownup communication and trust digital options together with Skype and Zoom, as a method to satisfy face-to-face with colleagues10. today, HP introduced HP’s Zoom Room options to make it more convenient for IT resolution makers to opt for a conferencing and collaboration solution that superior meets the needs of their firm. HP Zoom Rooms options provide easy, customizable, and flexible meeting room alternatives that are comfortable and manageable to small, medium, and big agencies. with the aid of offering the world’s most versatile collaboration solutions11, with HP Elite Slice for Skype and Zoom, HP makes it simpler for staff to seamlessly communicate both in and outdoors of the office. extra tips may also be found right here.

    Revolutionizing industrial VR workspaces and workflowsAlso introduced at HP Reinvent is the new HP Reverb virtual fact Headset skilled version, a grounds-up designed VR headset with twice the resolution, two-thirds the weight and half the U.S. cost of the HP combined fact VR Headset12. HP Reverb provides a truly immersive and transformative experience for work and lifestyles with impressive readability with a unbelievable 2160 x 2160 panel per eye and an amazing 114-diploma box of view. more guidance on this announcement can also be found here.

    Introducing premium ServicesHP additionally announced HP Premier Care options to boost its top rate commercial notebooks, including HP EliteBooks and HP ZBooks. These set of need to-have capabilities provide the appropriate insurance plan, help, and repair tiers to maximize consumer productiveness.

    reworking Experiences for LifeConsumers need devices that combine into their lifestyles and reflect who they are. Fifty-seven percent of millennials understand the pc they desire as soon as they see it13, and 82 p.c of this community accept as true with the laptop as a vital part of their life14. Taking sophisticated craftsmanship and performance cues from the HP Spectre top class portfolio, the brand new line-up of HP ENVY laptops and x360s facets HP Command core for effective efficiency, refined design with a geometrical pattern for audio and thermal venting, and robust security – together with a biometric fingerprint reader, a privacy digicam kill change, and not obligatory HP bound View privacy screen15 to make sure monitor content material isn’t uncovered.

    developed with mobility in mind, the HP ENVY 13 laptop facets the latest Intel processors to power up to 19 hours of battery life16 (well-nigh a forty one percent growth versus the old technology). the brand new HP ENYY x360 13 points a powerful 2nd Gen AMD Ryzen™ processor and as much as 14.5 hours of battery life16 in a convertible kind element. HP ENVY x360 15 offers versatility with either an AMD or the latest 8th Gen Intel® Core™ processor17, with up to 13 hours of battery life16, a 28 p.c good-bezel reduction versus the old era, and an optional AMOLED reveal for staggering colorings and brightness for searching or streaming video. The HP ENVY 17 laptop is built for efficiency with an eighth gen Intel® Core™ processor and NVIDIA® GeForce® MX250 pictures for productiveness, creativity, and leisure. The 17-inch machine offers a better screen-to-body ratio for a more immersive viewing adventure, because of the forty five % precise bezel discount versus the outdated era.

    Pricing and Availability18

  • HP DaaS Proactive safety carrier will be purchasable in more than 50 nations global in April 2019. The Proactive safety service with Aon offerings will be purchasable within the US in April 2019, with additional geographies to be brought later this yr.
  • The HP ProBook 445R G6 and HP ProBook 455R G6 is anticipated to be accessible in June.
  • The HP ProDesk 405 G4 computing device Mini is anticipated to be attainable in April for a beginning rate of $499.
  • The HP Zoom Rooms options are anticipated to be available starting in July. Pricing could be confirmed nearer to availability.
  • The HP Reverb digital fact Headset – professional version is anticipated to be obtainable beginning in late-April. Pricing can be available at a later date.
  • HP Premier Care solutions are offered in three packages. The basic Care equipment is attainable now. The improved Care and more advantageous Care packages are anticipated to be attainable in the 2d half of 2019.
  • The HP ENVY 13 laptop is anticipated to be accessible in April through for a starting rate of $899.ninety nine.
  • The HP ENVY x360 13 is anticipated to be obtainable in April for a beginning rate of $699.99.
  • The HP ENVY x360 15 with Intel processors is anticipated to be obtainable in April by way of for a starting rate of $869.99, and also attainable through most desirable purchase beginning in may also.
  • The HP ENVY x360 15 with AMD processors is expected to be purchasable in April via for a starting price of $799.99, and also obtainable through surest purchase starting in may additionally.
  • The HP ENVY 17 computer is anticipated to be obtainable in April by means of for a beginning expense of $899.ninety nine, and also attainable via best purchase starting in may also.
  • For extra tips on different announcements taking place right through HP Reinvent, please visit the HP Press center.

    About HP

    HP Inc. creates know-how that makes life more advantageous for every person, in all places. via our product and repair portfolio of non-public techniques, printers and 3D printing options, we engineer experiences that amaze. greater information about HP Inc. is available at

    1 Ponemon Institute 2018 State of Endpoint safety possibility, October 2018.2 in response to HP’s internal evaluation of isolation protection capabilities that offer SaaS and managed features that encompass on-board and configure, compliance enforcement and malware hazard analytics. Most superior in accordance with hardware VM isolation enforced insurance policy with individual browser tabs and apps in isolation as of March 2019.three firstly attainable within the US only.4 purchasers of the HP DaaS Proactive security carrier in the U.S. acquire the Aon CyQu self-assessment and security score. $0 retainer and one-hour free consultation covered with optional incident response features from Aon. HP onboarding carrier representatives will give guidelines.5 “windows 7 conclusion of service April 25, 2018”, 2018.6 The HP ProBook 445R G6 and HP ProBook 455R G6 should be purchasable in choose countries.7 MIL STD 810G is not intended to display health for U.S. department of defense contract necessities or for armed forces use. check effects are not a assure of future performance under these check situations. unintended harm requires an optional HP accidental hurt coverage Care Pack.8 The examine setup and consequences are in line with Delta SNR (sign to Noise Ratio) from 3QUEST(three-fold high-quality contrast of Speech in Telecommunications) look at various as defined in ETSI TS 103 106 specification with testing carried out in a train station history noise. consequences will vary in accordance with class and surroundings.9 displays offered one after the other. guide for up to three video outputs by means of two ordinary video connectors and an optional third video port connector, which offers right here selections: DisplayPort™ 1.2, HDMI 2.0, VGA or USB class-C™ with DisplayPort™ Output.10 Stillman, David, and Jonah Stillman. Gen Z @ Work: How the next era Is reworking the workplace. Harper company, an Imprint of HarperCollins Publishers, 2017.eleven based on HP's inside evaluation of built-in CoRC, two horizontal flexible CoRC positions, 4' cable, modular snap-on add-ons, and manufacturing unit pre-installed conferencing software as of March 12, 2019.12 in line with U.S. pricing.13 HP basic research, 2018.14 HP inner study. ENVY 5W, 2018.15 HP bound View integrated privateness monitor services in panorama orientation. not obligatory attainable on choose FHD certain View panels.sixteen home windows 10/ MM14 battery lifestyles will vary reckoning on a considerable number of components including product mannequin, configuration, loaded purposes, facets, use, instant functionality, and power administration settings. The highest potential of the battery will naturally lower with time and usage. See for extra details.17 Multi-core is designed to increase performance of certain utility items. now not all purchasers or application applications will necessarily benefit from use of this know-how. efficiency and clock frequency will range counting on utility workload and your hardware and software configurations. Intel’s numbering, branding and/or naming is not a measurement of larger performance.18 now not purchasable in all countries, pricing from, area to alternate without observe. See top-rated purchase for pricing details.

    AMD, the AMD Arrow emblem, Ryzen, Radeon and mixtures thereof, are trademarks of advanced Micro devices, Inc.

    ©Copyright 2019 HP construction business, L.P. The assistance contained herein is subject to alternate with out observe. The best warranties for HP products and services are set forth within the specific guarantee statements accompanying such items and functions. Nothing herein should be construed as constituting an additional warranty. HP shall not be accountable for technical or editorial error or omissions contained herein.

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    9 Oct, 2006 through: Ron LaFon particularly counseled computer device is a little bit pricey, but presents extraordinarily quiet operation and amazing AutoCAD efficiency HP xw8400 WorkstationDesktop workstation execs: extremely speedy and intensely quiet, many configuration alternatives.Cons: a bit expensive.price: $5,670


    Highly RecommendedThe HP xw8400 turned into somewhat larger than most HP workstations that Cadalyst has reviewed currently -- it measures 17.9" x 8.3" x 20.7" (HxWxD) -- however the a little bit better case interestingly protected some new acoustic engineering facets that made it one of the vital quietest techniques I've ever used. The swish silver and charcoal gray case featured three 5.25" exterior drive bays, with an further five 3.5" power bays obtainable internally. in addition to single serial and parallel connections, the laptop had seven USB 2.0 exterior connectors, one USB 2.0 inner connector and single exterior FireWire connectors on each the front and back of the system. The wide expandability alternate options are supported via an 800W Delta power give.

    inside the box, the HP xw8400 featured a Tyan/MiTac custom-made motherboard, which housed two of the newly launched Intel dual-core Xeon 5160 three.0GHz processors and featured the Intel 5000X chipset with a front-facet bus pace of 1,333MHz. a complete of 2GB of DDR2-667 ECC absolutely buffered DIMM were covered on

    the verify device; eight memory slots make 64GB of onboard reminiscence feasible as future memory comes accessible. An HP SATA 3.0Gb/s 7200 rpm 160GB tough drive become installed on the check equipment, as changed into an HP 48X CD-RW/DVD combination force.

    pics for the HP xw8400 tested have been handled by an NVIDIA FX3500 PCIe images card with 256MB of onboard memory. This card offers the top of the line expense-to-efficiency ratio of any of the NVIDIA efficiency images cards. HP refreshed its line of workstations and the add-ons attainable for them.

    On the check bench, the HP xw8400 proved to be the fastest equipment I've ever demonstrated -- now not just through a small amount, however with the aid of a major margin, reflecting the competencies of the brand new Intel processors at its coronary heart. All exams were run with NVIDIA picture drivers v8.4.8.0 (05/27/2006) beneath windows XP knowledgeable with carrier Pack 2 installed. I ran the Cadalyst C2006 benchmark below AutoCAD 2005 with service Pack 1 put in, and the equipment generated a incredible complete index score of 211 the use of the wopengl8.hdi accelerated driver that ships with that edition of AutoCAD.

    For the MAXBench4 benchmark, I used the equal gadget-level drivers and Autodesk 3ds Max eight with service Pack three installed. here I got an averaged high/low ranking of eighty two.06 with the base video drivers and a speedy 185.68 averaged high/low rating with the NVIDIA MAXtreme eight.00.03 accelerated driver for 3ds Max.

    The closing benchmark test -- which customarily follows the efficiency of the installed photos card -- became the ProE-04 Viewset of SPEC ViewPerf 9, the place I got a weighted geometric imply of 37.11. The HP xw8400 excelled at performance as demonstrated by way of our benchmark application, with especially strong rankings on the Cadalyst C2006 benchmark for AutoCAD.

    A somewhat expensive $5,670 as fitted for our assessment, the HP xw8400 included 36 months of ingredients, labor and onsite coverage. As is correct of all HP notebook methods, the xw8400 will also be configured with a broad range of options, so remaining pricing will depend on which alternatives you opt for. This forward-searching system supplies a lot of performance nowadays and incorporates aid for rising technologies for you to retain it abreast of the efficiency curve for a while to come.

    besides the fact that children the better rate tag would commonly prevent the xw8400 from receiving Cadalyst's highly recommended ranking, the stellar AutoCAD performance proved to be the opting for ingredient here, so the HP xw8400 earns the enormously suggested ranking.tremendously advised.

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    Detroit Auto Show: Toyota's FT-HS Concept in the flesh | real questions and Pass4sure dumps

    click above image for updated gallery with 17 additional high-resolution live shots

    The Detroit Auto Show was non-stop action for us, and amidst the melle of cars and press conferences we intentionally passed up on covering a few vehicles that didn't top the priority list. The Toyota FT-HS was not supposed to be one of those vehicles, but fell through the cracks anyway amidst our non-stop coverage. Now that we're back we can show you the live shots of the FT-HS that were taken on the show floor. We've added an additional 17 live shots of the FT-HS in our gallery, which you can check out here.

    The styling of the FT-HS is truly a love/hate proposition that hinges on your reaction to the car's nose. We're still debating internally on whether or not it was inspired by the hull of a boat or the nose cone of an F1 car, but either way it's a new interpretation of the front fascia that isn't just headlight-grille-headlight. We especially like the concept's floating C-pillar, which is essentially the car's roof, as well. That roof is able to retract and store itself over the rear seats for an open-air experience, too.

    The drivetrain for the FT-HS is a 3.5-liter V6 mated to an all-new version of Toyota's Hybrid Synergy Drive developed specifically for this application. The fact Toyota would go to the trouble to develop a sporting application of the Synergy Drive seems like a clear indication to us that hybrid sports cars are in the brand's future. We'll be on board if any one of them produce 400 hp like the FT-HS.

    Check out the full FT-HS gallery of high-resolution images and Toyota's official press release after the jump for more details.


    Toyota FT-HS Concept Debuts At The 2007 North American International Auto Show

    January 3, 2007 – Torrance, CA - The Toyota FT-HS hybrid sports concept will make its debut at the 2007 North American International Auto Show.

    Pairing a potent hybrid powertrain with essential sports car fundamentals, the FT-HS concept was a joint undertaking of Calty, Toyota's North American-based, research and design center located in Newport Beach, Calif., and Toyota's California-based Advanced Product Strategy Group. The design team was assigned the task of creating a mid-priced sports car that integrates ecology and emotion in a concept that addresses the question "What is a suitable sports car for the 21st Century?"

    "Drivers today are not satisfied with cars that are simply fast," said Kevin Hunter, vice president, Calty Design Research. "In addition to driving enjoyment, today's drivers are concerned about safety, ecology and social responsibility."

    The FT-HS incorporates hybrid capability while maintaining sports car essentials, such as a sleek profile, lightweight aero-dynamic materials, and an advanced high-output powertrain for revolutionary acceleration and optimal performance. This 21st century sports car is fun-to-drive with eco-friendly benefits such as ultra-low emissions and fuel efficiency. The FT-HS appeals to an emerging buyer who grew up eco-conscious and perceives technology as a necessity, not a luxury.

    This two-plus-two concept is a front-engine, rear-drive sports car with a projected zero-to-60 acceleration in the four-second range. A powerful V6, 3.5L-engine is coupled with a 21st century sports hybrid system with a target power output of approximately 400-horsepower. At a mid-priced market position, FT-HS would be a true "attainable exotic" with 21st Century performance.

    FT-HS expresses the core values of a Toyota Brand design strategy that combines two key elements: J-Factor and Vibrant Clarity. J-Factor refers to the local and global acceptance of Japanese-inspired design and cultural sensibilities. Vibrant Clarity is the design language used to express the J-factor much in the same way that L-Finesse is the language of the Lexus Division. It is the combination of perfect imbalance, freeform geometrics and integrated component architecture. The result of these three elements is subtractive mass, a minimalist style that is not only lightweight, but also looks lightweight.

    The exterior design was led by Calty designer, Alex Shen. From a design perspective, the theme of the FT-HS achieves sleek, taut surfaces in its exterior features – especially in the doors and body style. The front and rear have been sculpted to remove mass around key functional components. Freeform geometrics define the integration of fluid surfaces contrasting hard-edge "Aero-Corners" which promote smooth airflow and reduce turbulence.

    The roof has a distinctive scooped-out section designed to reduce aerodynamic drag and provide head room at the key areas. Made from carbon fiber Kevlar, the roof retracts so that the roof panel and back window pivot fluidly in a downward motion to stow in the rear seat space.

    The vehicle's triangular profile has a floating "C" pillar, aero corners, a full upper-body pan, and innovative open top. A hood features a scalloped channel, exposing the hybrid engine. Integrated component architecture can be seen in the aerospace-inspired lighting. The tail lamp unit spans the entire rear, and has an integrated retractable spoiler. Light-emitting diode (LED) clusters are located in the headlamps and the wing for energy-efficiency and decreased heat loss. Other exterior features include a speed-activated wing that elevates at high speed for additional stability and traction. The rear showcases a carbon fiber lower diffuser with integrated wide exhaust and carbon fiber wheels.

    The driver-oriented interior was created by Calty designer, William Chergosky and exudes sleekness, technology, and performance. The lean skeletal look is achieved with exposed cross-car architecture and high-tech materials such as carbon fiber, and titanium. FT-HS' interior features create a dedicated driver's cockpit which include subtractive mass expressions such as cross-car instrument panel structure and delta wing driver pod. The delta-wing driver's pod integrates many useful functions into a lightweight structural unit. All of the important functions and details are presented almost exclusively to the driver. For example, touch-trace sensors which surround the driver and act as tactile guides for finger controls when traveling at high speeds.

    By eliminating the "B" pillar and creating a suspended "C" pillar, the minimalist style works in conjunction with subtractive mass. An integrated instrument panel surrounds the driver, creating an enclosed pod effect. Armrests flow seamlessly into the door and surrounding interior.

    Seating is optimized for a lightweight appearance and function: the seating accommodates four and then coverts to a two-seater when the roof retracts. The passenger-seat area is open with a simple exposed airbag on the cross-car beam.

    A telescoping hub-less steering wheel incorporates semi-automatic paddle shifters and allows the meter to be shifted forward in order to shorten the driver's focus-time between the road and meter, and ultimately enhance driver focus.

    "FT-HS redefines the sports car experience not only with styling but also in function and performance," said Hunter. "The FT-HS is Toyota's answer to the question 'What is a suitable sports car for the 21st Century?'"


    DRIVETRAIN 3.5 Liter V6 hybrid electric

    DIMENSIONS (inches) Overall Length: 170.27

    Overall Width: 73.23

    Overall Height: 50.79

    Wheelbase: 104.33

    Wheels: Carbon Fiber

    Tire Sizes: Front 245/35R21 Rear 285/30R21

    US HOT STOCKS: SunPower Active In Late Trading | real questions and Pass4sure dumps

    U.S. stocks were mixed Thursday as the Dow Jones Industrial Average rose 46 points to 10779, and the Nasdaq Composite inched up 2 points to 2391, but the S&P 500 dropped a fraction of a point to 1166. Among the companies whose shares are actively trading in the after-hours session are SunPower Corp. (SPWRA), Addus HomeCare Corp. (ADUS) and ICX Technologies Inc. (ICXT).

    Solar-panel maker SunPower concluded an internal accounting investigation related to its Philippines operations and said it would restate several of the company's financial statements. Shares fell 8.4% to $20.20 after hours.

    Addus HomeCare's fourth-quarter loss widened, despite higher revenue, on rising operating expenses and weak results in the home health segment, which was weighed down by a slowdown in admissions. Shares slipped 15% to $7.57 in after-hours trading as the provider of in-home nursing and rehabilitative therapies saw results widely miss Wall Street estimates.

    ICX Technologies' fourth-quarter loss widened slightly on lower sales, although margins improved. Shares gained 3% to $7.67 in after-hours trading as revenue for the maker of homeland-security products topped Wall Street's expectations, though its loss was bigger than expected.

    Regular-Session Movers

    Nike Inc.'s (NKE, $74.66, +$3.78, +5.33%) fiscal third-quarter profit more than doubled on higher sales in the U.S. and China as the athletic shoe maker reported a jump in future orders. Results topped expectations. The stock also got an upgrade to outperform from market perform from FBR Capital.

    GameStop Corp.'s (GME, $21.16, +$1.30, +6.55%) fiscal fourth-quarter earnings fell 7.1% on lower same-store sales, in contrast with prior strong growth. But shares of the videogame hardware and software seller climbed as sales topped expectations and its view for the new year largely topped analysts' forecasts.

    Delta Petroleum Corp. (DPTR, $1.77, +$0.41, +30.15%) entered into a letter of intent to sell a 37.5% interest in a Colorado oil and gas property to Opon International LLC for $400 million and also allow the project developer to acquire up to a 7% stake in the heavily indebted oil-and-gas explorer.

    SunTrust Robinson Humphrey downgraded six bank stocks to neutral from buy and lowered its banking-sector rating to market weight from overweight. A chorus of analysts is claiming that bank stocks are fully valued and lack catalysts. The firm cut Synovus Financial Corp. (SNV, $3.58, -$0.17, -4.53%), Whitney Holding Corp. (WTNY, $13.69, -$0.58, -4.06%), Zions Bancorp (ZION, $22.73, -$0.46, -1.98%), First Midwest Bancorp (FMBI, $13.84, -$0.20, -1.42%) and National Penn Bancshares Inc. (NPBC, $7.04, -$0.21, -2.90%), citing "less attractive valuation as a result of the substantial appreciation in the group year-to-date and over the last several weeks."

    Stein Mart Inc. (SMRT, $10.11, +$0.66, +6.98%) swung to a fiscal fourth-quarter profit, with the discount retailer's margin gains paying off as sales declines abate.

    STR Holdings Inc.'s (STRI, $20.36, +$0.52, +2.62%) fourth-quarter profit nearly tripled on higher sales and margins as the market for solar products improved. Results for the maker of solar-panel components and provider of quality-assurance services far exceeded Wall Street's expectations, and its guidance topped analysts' estimates as well.

    Energy was the worst-performing sector in the S&P 500 Thursday as crude oil prices fell, with some of the weakest stocks being Southwestern Energy Co. (SWN, $40.78, -$2.18, -5.07%), Nabors Industries Ltd. (NBR, $20.63, -$1.05, -4.84%), Baker Hughes Inc. (BHI, $49.37, -$2.49, -4.80%) and Helmerich & Payne Inc. (HP, $38.88, -$2.19, -5.33%). PetroQuest Energy Inc. (PQ, $5.29, -$0.62, -10.49%) also slumped as natural gas prices sunk to a nearly six-month low.

    Package-delivery company FedEx Corp. (FDX, $92.67, +$2.87, +3.20%) said a global economic recovery is broadening amid international-shipping gains. FedEx, considered a barometer of the broad economy, reported that its fiscal third-quarter earnings more than doubled compared with a year earlier. A recovery "is well under way," said Frederick W. Smith, the company's chairman, president and chief executive officer. Improvements in the U.S. economy are being led by manufacturing and business spending, he added. Rival United Parcel Service Inc. (UPS, $64.42, +$1.54, +2.45%) also rose.

    Macquarie started coverage of the U.S. semiconductor sector, including on Advanced Micro Devices Inc. (AMD, $9.39, -$0.28, -2.90%) at underperform, Nvidia Corp. (NVDA, $17.46, -$0.64, -3.54%) at neutral and Micron Technology Inc. (MU, $10.16, -$0.24, -2.31%) at underperform. The firm said "many fundamental indicators we monitor appear 'peaky' and we expect a component inventory correction in the next six to nine months." It added a widely held investor concern about an inventory correction "has been partially discounted."

    Barclays boosted the rating on Avis Budget Group Inc. (CAR, $11.49, +$0.91, +8.60%) to overweight from equalweight saying the stock offers material upside potential. "In addition to the continued benefits from strong pricing, high used car resale value and deep cost cuts, we believe that [Avis] is near an inflection point on the demand side, with rental day comps expected to turn positive this year," the analysts wrote.

    Barnes & Noble Inc. (BKS, $22.90, +$0.57, +2.55%) will move further into selling books online and through digital downloads, but retain its stores as key elements as it begins the next chapter of its growth, the bookseller's Thursday-named chief executive said.

    Lazard Capital Markets cut its rating on Chesapeake Energy Corp. (CHK, $23.79, -$1.26, -5.03%) to hold from buy as the analysts have lowered their 2011 oil and natural gas benchmark price forecasts, reducing their estimate of the energy company's net asset value.

    CRA International Inc.'s (CRAI, $22.57, -$5.45, -19.45%) fiscal first-quarter earnings fell 50% amid slumping demand and weaker margins, widely missing expectations. The management and economic consulting firm, also called Charles River Associates, unveiled plans for further streamlining.

    SunTrust Robinson boosted its rating on DineEquity Inc. (DIN, $39.63, +$2.35, +6.30%) to buy from neutral based on its belief investors will have greater confidence in the restaurant operator's ability to refinance its securitized debt at reasonable terms within the next two years. In addition, the firm said free cash flows will remain strong during the next 12 months, and valuation represents a discount to the firm's estimate of fair value.

    J.P. Morgan upgraded Energizer Holdings Inc. (ENR, $62.53, +$2.05, +3.39%) to overweight from neutral, saying the battery maker's "innovation and higher investment in the business could fuel better top-line results than the market anticipates." The firm said it doesn't think battery trends will get any worse and may benefit from a macroeconomic recovery.

    General Cable Corp. (BGC, $28.50, +$2.24, +8.53%) boosted its first-quarter earnings guidance, excluding items, to between 30 cents and 40 cents a share, from its previous forecast of 5 cents to 15 cents. The manufacturer of copper, aluminum and fiber-optic cables and wires said the increase is due to lower average costs of raw materials that will result from an accounting change.

    Health Net Inc.'s (HNT, $25.75, +$1.15, +4.67%) board authorized up to $300 million in share buybacks, following the completion of the health insurer's previous share-repurchase program last month.

    IHS Inc.'s (IHS, $53.50, -$2.57, -4.58%) fiscal first-quarter profit fell 1% as the data provider and consultant's bottom line was hurt by a calendar shift for a key executive conference. The company also said it paid $27 million for automotive market-forecasting firm CSM Worldwide.

    Macquarie cut its rating on KeyCorp (KEY, $7.56, -$0.34, -4.30%) to neutral from outperform on valuation, saying the potential near-term catalyst of an FDIC-assisted acquisition that many have speculated about is "unlikely, in our view." Shares are relatively expensive on a normalized per-share earnings basis, the firm said.

    Bulls were making their way to the options market to take positions in Moody's Corp. (MCO, $29.66, +$0.92, +3.20%), the rating agency who stock is outperforming the broader market. The trading volume in Moody's options has climbed to six times the normal level as investors pick up 24,000 calls, allowing them to buy shares, and 5,000 puts which allow them to sell, according to Track Data. Investors are showing particular interest in March $30 calls, paying 25c in hopes the company's stock can rally above $30.25 before contracts expire at the end of Friday's session.

    National Bank of Greece SA (NBG, $4.04, -$0.27, -6.26%), Greece's largest lender by assets, failed to meet expectations Thursday with a fourth quarter net loss of EUR87 million ($118.8 million) due to higher provisions and trading losses. The results were well below expectations with analysts forecasting fourth-quarter net profit of EUR53.3 million and provisions of only EUR289 million.

    Navistar Inc. (NAV, $42.29, +$1.03, +2.50%) said it got certification from the U.S. Environmental Protection Agency for its MaxxForce exhaust gas recirculation engines. The move is one of the last stages before the truck maker launches its 2010 trucks and engines, the company said.

    New York & Co. (NWY, $4.72, +$0.31, +7.03%) swung to a profit in its fiscal fourth quarter, its first in more than a year, on stronger margins and cost cuts. The women's clothing retailer continued to strengthen its gross margin this quarter, posting a rise to 26.8% from 18.8%. The boost, combined with its gradually improving same-store sales, helped push the company to its first quarter in the black after five straight losses.

    Raymond James cut its rating on Polycom Inc. (PLCM, $30.96, -$2.18, -6.58%) to market perform from outperform on valuation, saying the maker of audio and data conferencing products' shares have gained 47% since a post-earnings reset in late January, reflecting "a take-out premium and expectations for improving fundamentals which remains to be seen."

    Ross Stores Inc.'s (ROST, $52.15, -$1.81, -3.35%) fiscal fourth-quarter earnings jumped 47% on strong sales and margins. But shares fell a day after hitting an all-time high, as the discount retailer didn't give specific guidance beyond saying it expects additional increases in profit and same-store sales this year and beyond.

    Safe Bulkers Inc. (SB, $7.36, -$0.53, -6.67%) is expected to price 9 million shares Thursday in an effort to raise cash to finance vessel acquisitions and pare down debt. The Greek dry-bulk shipper, which has about 54.5 million shares outstanding, also plans to sell 1 million shares to its controlling holder, Vorini Holdings Inc.

    Sandy Spring Bancorp Inc. (SASR, $14.02, -$0.89, -5.97%) priced the size of its pending stock sale at a 9.5% discount to Wednesday's close as the Maryland-based bank raises money for potential purposes including repaying federal aid. The company said Wednesday it would sell at least 6.5 million shares, and the price is $13.50 each. Sandy Spring has about 16.6 million shares outstanding.

    Shoe Carnival Inc. (SCVL, $23.33, +$1.45, +6.63%) swung to a fiscal fourth-quarter profit, beating analysts' estimates, as revenue and margins increased. The shoe seller also forecast first-quarter results above analysts' views.

    Solutia Inc. (SOA, $15.44, +$0.72, +4.89%) said late in Wednesday's trading session that it had closed on a new $1.15 billion credit facility that partly expires in 2015 and partly in 2017, that the chemicals producer will use to pay off a current $876 million loan.

    Somaxon Pharmaceuticals Inc. (SOMX, $9.21, +$5.27, +133.76%) received U.S. Food and Drug Administration approval of its new drug application for insomnia drug Silenor. The stock started the year barely above $1 but has gained sharply amid optimism for approval of the specialty pharmaceutical developer's insomnia treatment.

    Real-estate developer St. Joe Co. (JOE, $30.88, +$1.11, +3.73%) said it is relocating its Jacksonville headquarters some 300 miles across Florida to the Panama City-area, moving it closer to a new international airport opening in May. Relocating after 75 years is a further sign the company is confident in future growth in and around the region, an area long ago dubbed the "Redneck Riviera," but more commonly labeled the Panhandle.

    Israeli drug maker Teva Pharmaceutical Industries Ltd. (TEVA, $62.01, +$2.07, +3.45%) has won the race to acquire generic drug maker Ratiopharm Group International for EUR3.625 billion, making it the largest takeover in the generic drugs market since Teva bought U.S.-based Barr Pharmaceuticals Inc. for $7.46 billion in 2008.

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    -By Dow Jones Newswires; write to

    Escorts looks to double revenue in the next 3-4 years | real questions and Pass4sure dumps

    Escorts aims to double its revenue in the next 3-4 years and plans to launch a new range of world series, says Nikhil Nanda, MD of the company.

    In an interview with CNBC-TV18 he said that the company is at an inflection point and sees rapid growth in the coming years.

    Nanda said that Escorts sees Africa as a potential export destination for the new range of tractors and the segment growing by 12-15 percent by the end of the fiscal.

    Below is the transcript of Nikhil Nanda’s interview to Ronojoy Banerjee on CNBC-TV18.

    Q: Let talk about 2016 and it really been an interesting year, you have made some important announcements, your divestment announcement came in, your stock is at an all time high, you have made some important tractor launches, your tractor growth has been tremendous after two years of poor growth. How do you look back at 2016?

    A: I think it has been a wonderful year, the team has worked exceptionally hard -- we have been extremely focussed for the last four years, so results don't come through flukes. We actually have a strategy, there was clarity about brand positioning, about our investments on innovation and platforms. We had the top team work with some important partners like McKinsey -- so analysis in terms of the compression that we have done as a company all of it converge in 2016 -- so material cost came down from 74 to 69, the new products got announced. I think it has been a remarkable year for Escorts to sort of position itself and bring it strength out of all the work that happened in the last 4 years.

    Q: You were telling me before this interview started about how it is at a cusp, you are at an inflection point Escorts and there was a long gestation period 4-5 years where you actually putting all your energy to get things right and this is perhaps you are at the tip of the takeoff for Escorts?

    A: I have never been as excited as I feel today about Escorts. The amount of innovation, the energy, the clarity, the products that we have launched and will launch not just this year, but in the next 3 years is going to truly bring the Escorts respectability back.

    I think Escorts always had in it DNA which was embedded by the founder, HP Nanda that we have to lead technology. We have to see trends and we have to give embracement of values to our customers in a manner that would be reflected in our product positioning and today I feel that. I am extremely proud of our engineers and I personally can't for these products to come out in the market and for customers and our partners to feel the confidence that I feel today. I really feel that Escorts is at an inflection point of takeoff.

    Q: We are just few months left to the financial year to close. Again as I said, tractor has seen a great growth over 20 percent after what 10-12 percent decline over the previous two years. How do you see the remaining 3 months closing out for Escorts?

    A: I think as compared to last 12 months this is going to be positive 12-15 percent, the monsoons have been good, the fundamentals are extremely, extremely strong. The minimum support prices (MSP) that were launched by the government has also given a positive indication -- so I think the year will positively close on a good number.

    I believe that fundamentals are in place and the growth trajectory should continue for the next two years as well.

    Q: And you don't see the temporary blip as far as demonetisation is concerned to take a toll in the last 3 months January-March?

    A: I feel this is a temporary transition period. Yes, there has been some de-growth in the month of November, but I believe starting from February 2017 and then in March we are expecting Navratras to comeback and from what I am picking up from my team and from the farming community that the sowing has been extremely good as compared last year- -so again the point on the fundamentals is strong. The transition should be behind us by Feb-March and I think the momentum should start again.

    Q: Recently you have also merged the backend for tractors, the agricultural machinery and your construction and clearly there is a lot of innovation taking place. Talk to me little bit about the kind of products that we can expect coming from Escorts.

    A: When we did the main restructuring of the Escorts 4 years back -- it is important to look at your resources. To get different results you have to do different things and this was a most important decision that we talked of us to converge our knowledge management centre. As the world understand it from the point of research and development. The platform and the experience of Escorts of knowledge on its research on the agricultural side and the construction side were brought and converged and I am seeing some innovative and some exceptional discussion that are happening now, because the talents that have converged, the discussions that are happening -- are happening in a manner that is giving us thoughts and ideas on products and platform, which will create disruption and the product that I said earlier that you will see both in the construction and in the tractor will show the essence of disruption.

    In terms of application based decision mechanism that we will give to our consumer, so yes Escorts is now very efficient and it's embracing the knowledge that it has built over the last 7 decades, so the TPM culture that is also now taking that design and that knowledge of disruption into manufacturing. I am proud of the kind of work that our top team are doing.

    Q: Give us a sense of the kind of product that we can expect and how important will next year be from a tractors point of view which is really the cash cow for Escorts still?

    A: You see today's consumer is empowered -- he has mobile phones, he is informed about technology --I mean an opinion maker or a customer for tractor is also has certain standards of expectations vis-à-vis even a car that he is buying. So, Maruti for instance is setting certain standards of quality - - we feel as much as we have to give more technology and precision in the kind of application that the farmer looking for from his tractors, why not give him comfort, why not give him an experience which is new -- something that he can feel that this platform and machine is giving me a multipurpose answers to many of the things which I haven't expressed.

    Escorts has worked with international partners like Agritalia, Porsche Design -- no one thought that a company could go to Porsche Design and say help us design a tractor and 2017 Escorts is going to launch a world series tractor. It is going to be a new platform and that platform and that technology will start from 18 horsepower all the way up to 120 horsepower and as an Indian not just as an Escortian I feel extremely proud of the kind of technology that we will launch will showcase the inherent strengths that we possess as Indians.

    Q: And this sort of tractor is not there?

    A: You may feel I am biased and I perhaps will say things that when I saw the product it is parked just about 100 metres from here I feel extremely proud.

    Q: How many months away are we?

    A: It is going to be next year. And I have given this indication to my top-team that there has to be one day in a year that we are going to call it as a launch day. And it has to build up to a level where the engineering fraternity must wait for Escorts to launch what it wants to launch on the launch day be it in terms of a tractor or in terms of construction to showcase the leadership technologically because the future is for those who have the sense of imagination, who have the ability to innovate in a frugal sense and perhaps we can have our next interview on the launch day.

    Q: This will then be perhaps the most significant tractor launch from Escorts in a while? Just t underline the importance of this for you.

    A: To give you an essence of the kind of evolution that is taking place in Escorts. In the last six decades if we have had 7,000-8,000 part numbers, in the last two years and in the current year, we are developing more than 6,500 part numbers. So, that just gives you a perspective of the kind of platforms and products we are launching vis-à-vis the precision that we want to bring out in the market. So, the launch that we are planning next year is one of many significant launches. But it is going to truly showcase.

    Q: It is the start of?

    A: Of a platform and a technological leadership perhaps.

    Q: You are the turnaround man. You were catapulted to this position almost 14-15 years back and you have triggered this remarkable turnaround in Escorts. And many investors would say that the next target for Escorts should be de-risk your business model and to reduce your dependence on tractors which still contributes 79-80 percent your overall topline. Talk to me. Is that part of your vision now to reduce your dependence and your dependence on tractors and actually have your other businesses command a larger share of the top line.

    A: Most definitely, but before I go into other businesses, a little bit more on the agriculture side. The past in Escorts or perhaps in the industry, it has been about the machine that we have pushed to the consumer. The future is more about pushing a solution to the customer. So, Escorts is going to de-risk its portfolio of embracing its customer both from the product innovation point of view and also from the shared services point of view. Shared services is something that we have not seen much in India. That is a trend which I believe will change and create a different expectations in consumer minds as we have seen in the car industry. We will perhaps speak a little bit more in our interview about the crops solution because Escorts has to change its philosophy from just being known as a tractor manufacturing company to a crop solution provider. So, therefore, the focus has to be on how we can bring in productivity and quality to our consumers and giving the kind of knowledge and mechanisation products that the consumer can look at Escorts and say I am extremely profitable and productive.

    Q: Talk to me a little bit about the initiative for crop solutions. Clearly you are moving more towards creating stakeholder value. What are the plans in that regard?

    A: Crop solution is going to have the knowledge on all the crops that are grown in a manner that knowledge will cascade to the consumers. We are experimenting and creating structures whereby this knowledge can go to even the smallest farmers. There are bouquets of products that must be used to get the kind of productivity and quality of grain. So, unfortunately a lot of our small farmers do not have access to those equipments because of the expenses and the fact that the machine is expensive. So, we are creating models which will enable consumers to have access to this technology.

    Q: Going back to my previous point about your vision of reducing your dependence on tractors. Is there a number that you have in mind, a sort of target that you may have set for your group that this is where we should ideally be if we want to be considered seriously as a diversified business house?

    A: Railway is a vertical that has a lot of opportunities. We are planning and investing into many product portfolios. I believe that this business can touch a topline of Rs 1,000 crore in the next four years. We are investing into the current sets of products. We are also investing into products that will go into metros. So, I most definitely feel that railway is going to grow exponentially in the next 3-4 years. Rs 1,000 crore is the line of sight that we have for the railway vertical. Construction, by the end of this current fiscal should see a breakeven on the earnings before interest, taxes, depreciation and amortisation (EBITDA) side. As I mentioned, the restructuring that we did at Escorts will again showcase the innovation and newer platforms of products to answer many needs of Make in India programme.

    Just recently we launched a city crane. It is one of the newest platforms in the industry because cities are also being invested into. And you have a product and platform that can do the job and can also do it safely. So, a lot of new products again, in the shelf which are going to get launched and that itself will create a momentum of topline growth and the profit growth. So, construction I believe is a business that Escorts will make good money from. We need to be a little patient, perhaps another 12-18 months, but we are getting there.

    Q: But is there a number that you have in mind that you would ideally want tractor revenues to generate?

    A: I believe that 2020 should see Escorts more than doubling itself, be it in terms of agriculture portfolio, for sure, construction should also double itself. Railway as I mentioned, from the current topline going to Rs 1,000 crore, so that is a delta of growth. So, growth is a big lever for Escorts in the next 3-4 years now that we have the fundamentals in place and the products and technology in place.

    Q: So you even expect revenues from your tractors to double by 2020?

    A: All the products that I have talked about and with the technology and the innovation that we have invested into will see its place in the domestic market and also, in the global markets. I see Africa as a country and continent that has a lot of opportunities. We have brought in partners. Again, my personal obsession for growth in global markets is not in investing into distribution or investing into infrastructure but more in terms of product technology and have partners in geographies who have the local understanding. And we have, in the last few months, chosen some very powerful partners who bring in the eco-system of connecting with the local consumers. So, Escorts today and in the future will be in the position to offer product platforms and products for those countries in a manner that the technological evolution will see its product mapping from Faridabad all the way into this international markets.

    Q: The tractor business has recently hit a double digit EBITDA margins. At a consolidated group level it is still about 7.5-8 percent. Can you give us a target that you have set and a forecast for your margins at an overall group level considering the fact that you are saying that Escorts is at an inflection point and you are going to see a take-off from here on?

    A: Very fundamentally today, at Escorts, our obsession is on cash; cash management, EBITDA management. The processes, the platforms, the technological enablement of levers that we have introduced into the company. The ecosystem that has been built focuses on that cash element. So, the objective of Escorts becoming the most profitable tractor company is one of the most important objectives for this company whether we achieve that in three years, four years or five years. So, we want to showcase the inherent strength not just in investing in technology, but also creating the factor of agility and efficiency because the environment of tomorrow is going to demand from a company like us to be very flexible. And we must be light on our cost of capital.

    So, the return on investment (ROI) on getting a return on every penny that you see in a balance sheet is what must get maximised. So, in the reviews that we have every month, I also ask my CFO to reflect the economic value added (EVA). So, EVA, weighted average cost of capital, focus on cash and having that as a basic focus will always remain. So, most definitely the group, consolidated in the next 1-2 years should look at our double digit EBITDA and I am driving hard and along with my team to creating that benchmark to a level where we can become the most profitable.

    Q: Most profitable tractor company in the company?

    A: Engineering company. I will look at Escorts as an engineering company. As our corporate campaign says, ‘Engineering the fundamentals of growth’.

    Q: A lot of focus is also gone in managing your costs. Manpower costs is also one element of that. Where you have proposed something rather interesting of expanding the roles of your white collar employees. Can you talk to me a little bit about it? Is this some sort of internal restructuring that you are doing? How should we read this?

    A: Again, we asked ourselves. Escorts management must spend its time in not just managing the business, but in building its business. So, normally a few things that I ask of my top-team that how much of your time is going in managing the business, because 70 percent and more should be in developing the business. So, all of what I have mentioned to you of Escorts doing what it must do in all factors of all the levers, will not happen if my entire top-team is not in place as much as I am because I individually cannot bring this change. It is a team that is doing the remarkable work and change. So, that very question is taking us to a level of precision in terms of time that we must not spend time in.

    So, we took some concrete decisions in the last three years. Internal audit, why should Escorts have its own people doing internal audit. We do not want internal policing because corporate governance is an important aspect of trust which Escorts must reflect to the outside world. So, we went to Grant Thornton, brought them in. Financial accounting and accounts receivables, we went to Wipro. IT, we are not an information technology company, so we went to Cognizant. So on indirect materials, we went to Accenture. So, we must spend time on technology, brand and market development. And the delta of growth.

    So, today, when you are in our boardrooms or you are in management discussions. The discussion is about how can you grow exponentially, transformationally. Now, for that to happen, you need to have destructive innovative thoughts of penetrating into the mind of the consumer which is something that he has not seen. And I am enjoying those kind of discussions in the company. So with some of these decisions and job rotation, we are getting leaner. But blue collar continues to be a large cost in Escorts. I want to be candid that 10.5-11 percent of personal cost in topline is unacceptable. We have to look at a single digit and in the next three years. We have a plan of looking at voluntary retirement scheme (VRS). We will do it in two stages. I do believe there is a possible scope of 800 people that can be relieved on the blue collar. But we will get to a good number on personal costs. So, that is the last leeway that is left in Escorts, but very much under focus.

    Q: And by when do we see the first stage of this process being completed?

    A: As I said, this would be in two stages. Both the stages should get completed in the next 3-4 years.

    Q: So, five years down the line, where do we see Escorts. You have given us a vision for 2020, but for five years?

    A: 2020-2025, the future is for people who have the ability to imagine the future. The imagination will come in with destructive innovation ability and thought leadership, on the kind of excellence that we are able to align and converge on the businesses that we chose to do. So, again, I am excited about services, products that we have not talked about in today’s interview, but products and services that will become an important ingredient in tomorrow’s way of doing business. So, there are a lot of technology and products and services that we are talking about internally in Escorts which, I believe, can and will become a substansive part of our future growth beyond 2025. And I am reading a book on the future industries of tomorrow.

    And we are spending a lot of time and not just the catch up and the 2020, but beyond. Because if I am expecting my team to spend their time on building Escorts, that discipline also goes for me that I have to talk about and thing about how we can build Escorts beyond five years, beyond 10 years. So, there are some exceptional discussions that we are having which will become an important aspect of our growth.

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