T43

Update: Advance Auto Parts Faces Challenges Ahead Despite Focused Leadership, Oppenheimer Says (Updated to clarify fourth paragraph.)Advance Auto Parts (AAP) faces significant near- and longer-term hurdles even as the company's new leadership demonstrates a "strategic focus and energy," Oppenheimer said after a meeting with senior executives Thursday."We continue to advise clients to remain on the sidelines with AAP until evidence of a sustained, positive fundamental turn at the company turns much clearer," Oppenheimer said in a note Friday.Chief Executive Shane O'Kelly emphasized that streamlining the supply chain and developing product hubs as a network are essential in improving connectivity and operational efficiency. The company's leadership also discussed focusing on core merchandising and pricing disciplines, which was not the focus of prior management, Oppenheimer said.Advance Auto Parts management is also evaluating its 4,700 stores with plans to possibly close underperformers

时间:2024-09-14 02:12:13 市场: 美股 综合

关联: AAP T43.SI AAP.AU OPY

Advance Auto Parts Faces Challenges Ahead Despite Focused Leadership, Oppenheimer Says Advance Auto Parts (AAP) faces significant near- and longer-term hurdles even as the company's new leadership demonstrates a "strategic focus and energy," Oppenheimer said after a meeting with senior executives Thursday."We continue to advise clients to remain on the sidelines with AAP until evidence of a sustained, positive fundamental turn at the company turns much clearer," Oppenheimer said in a note Friday.Chief Executive Shane O'Kelly emphasized that streamlining the supply chain and developing product hubs as a network are essential in improving connectivity and operational efficiency. The company's leadership also discussed focusing on core merchandising and pricing disciplines, which was not the focus of prior management, Oppenheimer said.Advance Auto Parts management is also evaluating closing around 4700 stores with plans to focus more on "top performing units and markets," according to Opp

时间:2024-09-14 01:12:54 市场: 综合 美股

关联: OPY AAP AAP.AU T43.SI

Forgame Holdings' Subsidiary to Acquire 95% Stake in Shenzhen Haihong Microelectronics for 23 Million Yuan Forgame Holdings' (HKG:0484) subsidiary Netcloud (Hong Kong) Technology agreed to acquire 95.0769% of the equity interest in Shenzhen Haihong Microelectronics Technology from Silver Power Enterprise for 22.8 million yuan, a Tuesday filing with the Hong Kong Exchange said.The target company mainly provides supply chain services and is engaged in wholesale trading and distribution of electronic components. Upon the completion of the transaction, the target company will become a non-wholly owned subsidiary of the company.The company plans to fund the acquisition through its internal resources.

时间:2024-09-11 13:48:44 市场: 美股 综合 港股

关联: PW T43.SI 00484

Oil India Signs Pact to Collaborate on Critical Mineral Projects Globally State-owned oil and gas explorer Oil India (NSE:OIL, BOM:533106) has entered into a memorandum of understanding with ONGC Videsh, Khanij Bidesh India and UAE-based International Resources Holding RSC for global cooperation in the critical mineral supply chain, according to a Tuesday filing with the stock exchanges.Under the pact, the parties will focus on collaboration, identification, acquisition, and development of critical mineral projects globally, including India.Price (INR): ₹581.10, Change: ₹-28, Percent Change: -4.57%

时间:2024-09-11 12:07:19 市场: 美股 综合

关联: UAE STT T43.SI INR.AU INR

Sector Update: Consumer Consumer stocks were mixed late Tuesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) easing 0.2%, and the Consumer Discretionary Select Sector SPDR Fund (XLY) rising 1%.Redbook US same-store sales increased by 6.5% from a year earlier in the week ended Sept. 7 after a 6.3% year-over-year increase in the previous week. Redbook reported higher sales due to Labor Day promotions, especially on Sunday and Monday, as the back-to-school season peaked.In corporate news, Nike (NKE) shareholders on Tuesday voted against proposals requiring the company to reassess working conditions at sourcing locations and its supply chain, according to media reports. Nike shares were falling 1.7%.

时间:2024-09-11 03:21:40 市场: 美股 综合

关联: XLY NKE T43.SI XLP

New Starbucks CEO Lays Out Plan for Company in Open Letter New Starbucks (SBUX) Chief Executive Brian Niccol outlined four areas the company will focus on immediately under his leadership in an open letter published Tuesday on the company's website.First, Starbucks will work to ensure baristas have the tools and time to make "great drinks every time, delivered personally to each customer," Niccol said. Second, the CEO said additional emphasis will be placed on morning shifts because people "start their day with us, and we need to meet their expectations."Third, the company wants to elevate the in-store experience so that customers linger in "inviting places" with "comfortable seating, thoughtful design and a clear distinction between 'to-go' and 'for-here' service," according to the CEO. Finally, the company wants to remind people of its "unmatched coffee expertise ... role in communities and the special experience that only Starbucks can provide," Niccol added.To achieve these goals,

时间:2024-09-11 01:26:30 市场: 美股 综合

关联: T43.SI SBUX