14:08 Fri 24
|Nike: Even Supply Chain Havoc Has A Silver Lining |
On Thursday, first-quarter results revealed that the global supply chain havoc has harmed Nike (NYSE: NKE ) more than expected. Moreover, longer transit times, labor shortages, and prolonged factory closures due to lockdowns in Vietnam where the sneaker giant produces approximately half of its footwear and a third of its apparel forced Nike to lower its fiscal 2022 outlook. Upon the news, shares dropped more than 3% in extended trading. Fiscal First Quarter Figures Revenue amounted to $12.25 billion which is below the $12.46 billion that analysts expected but still above last year's $10.59 billion. However, earnings per share of $1.16 exceeded expectations of $1.11 as net income grew to $1.87 billion. Management concluded that without the supply chain issues, results would have been significantly better. China, one of the company's biggest revenue drivers over the past quarters, posted the smallest gain of all regions, rising 11%. North America's revenue rose 15% to $4.88 billion whereas digital sales rose 29% YoY. Issues Go Beyond Factory Shutdowns Once production resumes, the company is also facing shipping delays as transit times in North America are double compared ... Full story available on Benzinga.com
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13:00 Sat 23
|Online Thrifting Sees Silver Lining in Supply Chain Crunch |
Supply Chain Woes Give Boost to $65 Billion Online Resale Market
14:00 Sat 23
|Nike's Disappointing Quarter: What Happened? |
Supply chain delays, labor shortages, and production problems are causing Nike to lower its sales guidance.
23:30 Sat 23
|$1B in Silver for $0.40/Share (ad)
Investors Lining Up for 10-Fold Gains on Massive Silver Find in Canadas Golden https://t.co/wuUOEEAlFo |
11:30 Sat 23
|Is Nike Ready for the Busy Holiday Season Given Its Supply Chain Issues? |
The company doesn't expect inventory levels to normalize until fiscal 2023.
22:30 Fri 22
|Fed Chair Blames Supply Chain Issues for Inflation: Supply-Side Constraints Have Gotten Worse |
Federal Reserve Chairman Jerome Powell presented a bleak outlook for American economic woes, suggesting supply-chain problems were behind rising inflation. The post Fed Chair Blames Supply Chain Issues for Inflation: Supply-Side Constraints Have Gotten Worse first appeared on Mediaite .
12:35 Fri 22
|Supply-Chain Disruption? More Like Supply-Chain Overload |
The stresses onthe global economy are caused mainly by an increase in demand, especially from the U.S.
11:47 Sat 23
|Businessinsider.co.za | The US is running out of cardboard and packaging materials as the supply chain crisis drags on |
Retailers navigating the supply chain crisis will confront another hurdle - an even shorter supply of cardboard boxes that was already growing scarce.
18:26 Fri 22
|Supply Chain Shortages: Your Questions Answered |
Confession: We didnt even have a logistics beat before the pandemic. Now we do. Heres what weve learned about the global supply chain disruption.
|How big of a risk is the supply chain crisis? |
I'm reading through some material about the supply chain crisis this weekend: Flexport CEO on how to fix the US supply chain crisis Long Beach has temporarily suspended container stacking limitations Would love to hear your thoughts on: Do you see any path that this can get resolved quickly? Wouldn't the Christmas shopping make it even worse? How big of a risk is this for the economy and the stock market? Do you make any changes to your portfolio based on this? submitted by /u/hype_cycle [link] [comments]
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20:08 Fri 22
|Stock Investors Remain Unfazed by Supply-Chain Snarls |
Supply-Chain Snarls Are No Rein on the Rapidly Reflating S&P 500
14:35 Sat 23
|: Supply-chain concerns causing shoppers to stockpile gifts just in case, data shows |
Supply-chain challenges are a risk this holiday season, with shoppers and companies taking steps to avoid the worst problems
|Small businesses struggle as supply chain issues create problems |
The current supply chain shortage has taken a toll on small businesses that rely on imported materials.
01:40 Sat 23
|The Atlantic targets 'affluent Americans' who are 'buying up things they dont need' amid supply chain crisis |
A piece published in The Atlantic is challenging what is supposedly the real problem at the center of the supply chain crisis.
13:57 Sat 23
|Will vaccine mandate worsen supply-chain woes? |
Could vaccine mandates - and workers who choose to opt-out and quit -- inadvertently further worsen the supply chain situation?
16:39 Sat 23
|How the Supply Chain Broke, and Why It Wont Be Fixed Anytime Soon |
By now, youve probably heard: The world has run short of a great many products. The post How the supply chain broke, and why it wont be fixed anytime soon appeared first on Boston.com .
|business financialpost |
|U.S. and Canada Form a Growing Battery Superhub |
(Bloomberg) — The U.S. and Canada have a growing cohort of companies operating in the battery supply chain, and both countries rank in the top five of BloombergNEF’s global lithium-ion battery supply chain ranking. Canada has a strong upstream presence thanks to its abundant raw materials like cobalt, while the U.S. has attracted billions of […]
12:30 Sat 23
|Is Nike Still a Winning Apparel Stock? |
In this industry, how much the brand resonates with consumers means everything. And Nike is at the top.
10:30 Sat 23
|Nike vs. Lululemon: Which Is the Better Buy? |
Nike is facing a lot of challenges at the moment, but don't count it out just yet.
|economictimes indiatimes |
07:41 Sat 23
|Stock investors remain unfazed by supply-chain snarls |
While supply-chain and labor-market snarls have been tormenting investors for much of the year and are far from solved, they remain -- for now -- the tolerable downside of trends that investors are happy to celebrate: robust demand in a reopening economy. Throw in an earnings season showing that damage to profit margins remains light, and it explains why shares are up 5% in October, a month skeptics had circled as a tough one.
14:05 Sat 23
|Why Silver Could Spike To $80 Or Higher | Chris Vermeulen |
By TheTechnicalTraders Chris joins Elijah K Johnson from Liberty and Financeto discuss Silvers latest price actions and Precious Metals in general. Weve seen a pretty big move from Silver in the last two trading sessions and Silver miners are starting to come back to life. When silver moves, it can move fast. By the end […]
16:00 Sat 23
|NewsWatch: Apple faces supply-chain issues, but can its buying power keep earnings on track? |
As supply constraints hit nearly every market, how much does the buying power of a $2.5 trillion electronics giant help?
21:58 Fri 22
|Apple faces supply-chain issues, but can its buying power keep earnings on track? (Yahoo! Finance: Company News) |
Yahoo! Finance: Company News Apple faces supply-chain issues, but can its buying power keep earnings on track? - As supply constraints hit nearly every market, how much does the buying power of a $2.5 trillion electronics giant help? ...
21:07 Sat 23
|GOP Rockstar Ron DeSantis Has a Plan to Save Christmas, America's Supply Chain: Send the Ships to Florida |
Many years ago, a reindeer with a prominent red nose saved Christmas. In 2021, the governor of a prominent red state aims to do the same thing. In a Wednesday […] The post GOP Rockstar Ron DeSantis Has a Plan to Save Christmas, America's Supply Chain: Send the Ships to Florida appeared first on The Western Journal .
|INT Chain Hits One Day Volume of $889,058.00 (INT) |
INT Chain (CURRENCY:INT) traded 4.1% higher against the U.S. dollar during the 24-hour period ending at 22:00 PM Eastern on October 23rd. INT Chain has a market cap of $10.81 million and approximately $889,058.00 worth of INT Chain was traded on exchanges in the last 24 hours. One INT Chain coin can currently be bought […]
|Blockchain firm Blockedge to offer blockchain-as-a-service platform for automotive, supply chain markets |
The platform facilitates the creation of iterative decentralised apps and provides multi-cloud and multi-chain support to businesses.
19:00 Sat 23
|Schools forced to limit lunch options amid nationwide supply chain crisis |
I guess the kids will soon starve now. As school meal programs face food shortages and staggering supply delays, officials could be forced to limit the choices students have for
22:04 Fri 22
|Psaki Assures Doocy That Vaccine Mandates Won't Kill Christmas |
Peter Doocy wants to know why the Biden administration hates Christmas. At least, he implied as much when he presented a union rep's opinion as the framework for imposing a false choice on Jen Psaki. 'The leader of a union representing Fed Ex, UPS, and DHL is saying that supply chain problems are going to get worse with labor shortages right before the holidays unless the president postpones the requirement to get vaccinated by December 8th. What is more important to this president? The vaccine mandates, or fixing the supply chain as fast as possible?' Why are those two things mutually exclusive? What makes that union leader the definitive authority on members quitting? Apart from police officers in Seattle, we aren't really seeing these threats to quit from employees come to pass. Finally, why can't vaccine mandates help fix the supply chain problem, rather than exacerbate it? This was the approach Psaki took. 'Well, first, I would say that that is not actually what we've seen at companies that have implemented these vaccine requirements, that are even not part of federal law, yet,' Psaki began, before Doocy tried to interrupt (because why is a lady allowed to finish her sentence, amirite?) But Psaki maintained control, as usual, reassuring the fragile Doocy that he would get his turn back. 'Let me just finish. I'm gonna let you talk, don't worry about it! I'm gonna let you talk, okay?' she soothed him. read more
18:34 Sat 23
|CBS News reports on Bidens supply chain nightmare |
19:54 Sat 23
|Is there a positive correlation between silver recycling and price of silver? |
I recently looked at a 7 year chart of silvers price and silver recycling. The correlation was the opposite as I would expect. Prices moved up when recycling was increasing and decreased when recycling decreased. Is this coincidental or actual correlation and if it is correlated, how so? submitted by /u/the_growth_factor [link] [comments]
|'Nobody is on a witch-hunt, we need to get to the bottom of the supply chain': @ShainaNC, BJP
'Till yesterday thi https://t.co/q2FHX6gK5Y |