At Sept. 30, 2015, $SHW's current ratio was 1.27 compared to 0.96 at Dec. 31, 2014 and 1.07 a year ago. The increase resulted mainly from the decrease in short-term borrowings and current portion of long-term debt.
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.
$GPS said that in 2017, the company expects foreign exchange to be a headwind and anticipates an impact of about $0.09 on EPS. This expected EPS range assumes 2017 comp sales to be flat to up slightly.