The Latest Breaking News from Supply chain

Climate crisis is ‘battering our economy’ and driving inflation, new book says

Climatenomics lays out how ‘supply chain disruptions’ has become a euphemism for the effects of climate change

The Guardian - US · Jun 11, 2022

Scouring Chicago alleys for scrap metal is a hard way to make a living. Just ask Francisco Garcia.

Their trucks piled high with pipes and old refrigerators, scrap metal collectors like Garcia, 71, from Pilsen, help put discarded waste back into the supply chain.

Chicago Sun-Times · Jun 11, 2022

Credit Suisse Cuts REV Group Price Target By 9%

Credit Suisse analyst Jamie Cook lowered the price target on REV Group Inc (NASDAQ:REVG) to $10 from $11 while maintaining the Underperform rating on the shares. The analyst stated that within the quarter, REVG did not experience supply chain improvement as expected, and in some instances, the situation worsened. REVG now expects supply chain challenges…

Benzinga · Jun 10, 2022

North East offshore firms selected for offshore cleantech accelerator programme

The Launch Academy North East is a seven month project designed to boost the region's offshore wind supply chain industry

Birmingham Post · Jun 9, 2022

Global supply chain crisis fuels push to local manufacturing as China’s appeal dims

Analysis: US to examine with fresh urgency easing reliance on China as pandemic disruptions expose global economic vulnerabilities

The Guardian - AU · Jun 9, 2022

Krispy Kreme Looks For New CFO; Promotes Josh Charlesworth To New Role

Krispy Kreme Inc (NASDAQ:DNUT) has promoted Josh Charlesworth to Global President and Chief Operating Officer. This newly created role will oversee the expansion of the company's global footprint and growth strategy. Charlesworth has served as Krispy Kreme's CFO since April 2017 and COO since May 2019. The company has engaged a search firm…

Benzinga · Jun 8, 2022

Is United Rentals a Good Growth Stock to Buy?

United Rentals (URI) reported better-than-expected first-quarter 2022 results and raised its full-year guidance. But it is expected to suffer from inflationary environment and supply chain issues. So, let’s evaluate if it is wise to bet on the stock now.

StockNews.com · Jun 8, 2022

Daktronics Clocks 39% Sales Growth In Q4; Warns On Volatile Supply Chain, Labor Conditions

Daktronics, Inc. (NASDAQ:DAKT) reported fourth-quarter FY22 net sales growth of 38.8% year-over-year to $162.2 million, beating the consensus of $146.10 million. Orders for the quarter increased 67% Y/Y. The gross margin was 18.5% for Q4 compared to 23.6% a year earlier, and the operating margin was breakeven, compared to 1% for 4Q21. EPS…

Benzinga · Jun 8, 2022

Motorhome sales pull back to near pre-pandemic levels for Auto-Trail

Demand outstrips delivery with directors smarting over Covid-linked supply chain issues that stifled even higher growth

Birmingham Post · Jun 8, 2022

3 Undervalued Growth Stocks in the Semiconductor Industry

COVID-19 pandemic-led supply chain issues significantly disrupted the semiconductor industry. However, the industry is now rebounding strongly, and given semiconductors varied uses across sectors, the industry’s prospects look impressive. Against this backdrop, we think growth stocks in the semiconductor industry that currently look undervalued—Micron Technology (MU), United Microelectronics (UMC), and…

StockNews.com · Jun 7, 2022