
Alibaba to Spin Off Cainiao Logistics Unit for Hong Kong IPO
September 27, 2023: Chinese e-commerce company Alibaba said Tuesday that it would spin off its logistics arm, Cainiao Smart Logistics…
August 31, 2023: On Wednesday, HP Inc. stock decreases after earnings disappoint.
HP reported $13.2 billion in earnings, below the $13.37 billion anticipated by analysts. Adjusted earnings per share came in line with anticipations at 86 cents. The group also offered weak guidance, citing that PC pricing has not enhanced as much as hoped.
Analysts at Bernstein said HP’s quarter was “disappointing” but that PC revenues will likely improve going forward. However, the analysts wrote that the company’s printing business may be more of a sticking point.
“Weak printer shipments may affect reserves growth in the medium term, HPQ’s margins remain above pre-pandemic levels, and we worry about the structural health of the printing business and its ability to grow over time,” the analysts corresponded in a Wednesday note.
Similarly, analysts at Credit Suisse expressed HP’s print segment remains their biggest concern, mainly because of discussion about “long-term weakness” and a possible need for “more aggressive pricing.” The analysts wrote in a Wednesday note that they are lowering their fiscal fourth-quarter and full-year estimates for the company.
Deutsche Bank analysts also trimmed their outlook for HP and lowered their price target from $32 to $30. They said the company delivered “roughly in-line” results but has been impacted by “weaker demand driven by a slower recovery in China,” and a negative long-term outlook for its print business.
Even so, the Deutsche Bank analysts said the report has positive components.
“Despite a tough demand environment, we continue to be impressed with HPQ’s ability to generate solid operating margins for both segments,” the analysts wrote Tuesday. “We are also encouraged that the company plans to continue share repurchases to at least offset dilution in the near term.”
We provide the insights on leaders who are responsible for taking their organization to new heights, all the while bringing together a group of talented individuals.
September 27, 2023: Chinese e-commerce company Alibaba said Tuesday that it would spin off its logistics arm, Cainiao Smart Logistics…
September 27, 2023: The United States has imposed fresh trade restrictions on Chinese and Russian firms, a move made on Monday, which has …
September 26, 2023: On Monday, Japanese automaker Nissan revealed its dedication to transitioning to completely electric …
In an industry as competitive and fast-paced as Consumer Packaged Goods (CPG), standing out from the crowd requires innovation and adaptability. The cracks in the CPG supply chain were exposed long before the global pandemic struck, but the events of the past year only exacerbated the weaknesses.
Supply chain leaders, including VPs, often find themselves making bets with unknown financial consequences. Having started with largely infeasible plans generated by deterministic “one-number” planning systems, compounded by unexpected supply or demand disruptions, they are forced into last-minute adjustments to meet operational and financial goals.
Unsurprisingly, today’s supply chain faces numerous issues, including sustainability, technology, global economic and political instability, talent management, and supply chain resilience. Advanced forecasting algorithms and predictive analytics are used in supply chain management to help organizations of all sizes make better decisions by providing insights into what’s going on in their business at any given moment and predicting future trends.