The Latest Breaking News from Supply chain

Caladrius Biosciences Inc (NASDAQ:CLBS) suspended patient enrollment in its Phase 2b FREEDOM Trial of Xowna for coronary microvascular dysfunction (CMD).  As previously communicated, the pandemic impacted the enrollment in the FREEDOM Trial coupled with supply chain issues making enrollment much slower and challenging to accelerate.  The FREEDOM trial enrolled approximately one-third of the…

With world leaders at Davos set to discuss energy independence and sustainability, Germany's economy minister says an EU ban on Russian oil could be "days away". Meanwhile, supply chain disruptions to the world economy are also on the agenda. FRANCE 24's Business Editor Kate Moody reports from the Swiss Alps.

There are calls for a one-off tax on companies making billions of pounds a month to help families unable to afford gas and electricity

Deere & Company (NYSE:DE) reported second-quarter FY22 results on Friday; below are the reactions from the analysts. Wells Fargo analyst Seth Weber lowered the price target for Deere to $410 (an upside of 22%) from $455 while maintaining the Overweight rating on the shares. The analyst understands angst around the rebalance but doesn't…

Persisting factors like the multi-decade high inflation, deepening supply chain constraints, and the expectation of a recession due to the Federal Reserve’s aggressive policy tightening could lead to a further market pullback. So, it could be wise to bet on fundamentally sound stocks Nutrien (NTR), Centene (CNC), Itochu (ITOCY), Steel…

Telsey Advisory Group analyst Joseph Feldman lowered the price target on Dick's Sporting Goods Inc (NYSE:DKS) to $125 (65% upside) from $153 and kept an Outperform rating on the shares. The analyst expects DKS to have a challenging Q1 as it faces a shift in consumer spending away from discretionary categories, elevated freight costs, and…

Covid disruptions in China and rising costs are affecting supplies of solar panels and wind turbine parts, while domestic energy prices climb

Digital consumer engagement, real-time data visibility, effective supply chain approaches and flexible working conditions are expected to be important permanent practices for companies amid a shift in their business mindsets in the digital era, says consultancy Deloitte.

Apple Inc's (NASDAQ: AAPL) iPhone demand is "better than expected" for the quarter, and its supply chain is proving "surprisingly resilient," Wedbush's Dan Ives said:

While continuing supply chain disruptions and a semiconductor chip shortage are marring the auto parts industry’s growth, growing demand for EVs should help the industry recover in the coming quarters. Given this backdrop, we think it could be wise to bet on quality auto parts stocks Genuine Parts (GPC), Advance…

Foot Locker Inc (NYSE:FL) reported first-quarter FY22 sales growth of 1% year-on-year to $2.17 billion, missing the consensus of $2.20 billion. Comparable-store sales decreased by 1.9%, with apparel significantly outpacing footwear. Adjusted EPS of $1.60 beat the analyst consensus of $1.55. Gross margin declined by 80 basis points, driven by higher supply chain…