$ALLE's net cash used in continuing financing activities during 1Q16 rose $28.1MM vs. 1Q15. The change in cash used in financing activities is primarily due to repayments of short term borrowings outstanding and higher dividend payments.
In 1Q17, $HPE’s Enterprise Group revenue was down 6%. Server revenue declined 11% due to a softer than expected core server market combined with some execution challenges. Storage revenue declined 12%. Networking revenue was up 6%. Enterprise Services revenue fell 6%. Software revenue was down 1%. Financial Services revenue grew 7%.
The high-performance compute segment is an $11Bil market and is
expected to grow around 6-8% annually over the next three years. With the explosion of data across industries
and sectors, the data analytics segment is growing at over twice this rate. In
1Q17, $HPE announced a number of new offerings for life sciences and financial
$GPS expects 1H17 EPS to decrease relative to adjusted EPS for the same period a year ago. This percentage decrease is expected to be in the high single digits. Additionally, $GPS expects inventory levels to decrease over time.