$ESND (Essendant Inc.)

$ESND {{ '2015-11-12T18:22:42+0000' | timeago}} • Announcement

$ESND announced a cost reduction plan to reduce its operating costs by about $20MM on an annualized basis by 1Q16 through de-layering of its management structure and simplify the organization as it transitions to a common operating and IT platform. $ESND expects to incur about $10MM of pre-tax charges in 4Q15 associated with cost reduction actions.

$TXN {{ '2017-07-25T22:07:31+0000' | timeago}} • Announcement

$TXN, which supplies chips to $AAPL (iPhone) for charging controller and power management reported strong segment results. Analog revenues increased 18% due to increased production of 300mm wafers, which is 40% cheaper vs 200mm wafers. Embedded Processing revenue grew 15% due to increased revenues from microcontrollers and processors product lines.

$MCD {{ '2017-07-25T16:40:13+0000' | timeago}} • Webcast

$MCD commented that the $AMZN-$WFM deal announcement demonstrates the disruptive and fast-paced nature of the business world. $MCD continues to challenge itself and is committed to remain competitive on value. $MCD believes deliveries are a good example of how the industry is responding to rapidly-changing consumer expectations.

$ODP {{ '2017-07-25T15:36:33+0000' | timeago}} • Announcement

$ODP has appointed Janet Schijns as SVP of Services – Copy, Print and Tech, which is a newly created role. Schijns, a veteran channel executive from Verizon, will oversee the company’s regional print production facilities to support printing capabilities and the delivery needs of customers.

$ODP {{ '2017-07-25T14:37:31+0000' | timeago}} • Announcement

$ODP appointed Janet Schijns, a veteran channel executive from $VZ, in the newly created role of SVP, services - copy, print and tech. Schijns will lead the strategy for copy, print and tech services, focusing on execution and growth.

$MSFT {{ '2017-07-21T14:22:52+0000' | timeago}} • Webcast

$MSFT said the large markets like the US, Germany and Japan performed better than its expectations in 4Q17. To compete with its competitors $GOOGL and $AMZN, Microsoft invested about $3.3Bil in CapEx, which includes the capital leases. This was up sequentially partly due to the deferral of planned datacenter spending from 3Q17 to 4Q17.

$MSFT {{ '2017-07-20T22:39:57+0000' | timeago}} • Announcement

$MSFT, the 3rd largest market cap firm in US after $AAPL and $GOOGL, reported a profit that doubled in the tech giant's final quarter of 2017. The strong performance was boosted by growth in Cloud and Office businesses. GAAP net income surged 109% to $6.5Bil. GAAP EPS spiked up 112% to $0.83, aided by tax benefits. Non-GAAP EPS grew 42% to $0.98.

$AAPL {{ '2017-07-20T12:48:23+0000' | timeago}} • Webcast

In regard with its battle against $AAPL, $QCOM has filed patent infringement complaints against the iPhone maker with both the International Trade Commission and in Federal Court in the US. The ITC investigation is expected to commence in August and the case will be tried next year.

$QCOM {{ '2017-07-19T21:27:34+0000' | timeago}} • Announcement

For 4Q17 $QCOM expects its revenue to be in the range of $5.4-6.2Bil. The company expects its diluted EPS to be about $0.55-0.65 and non-GAAP EPS to be in the range of $0.75-0.85. This guidance does not include QTL revenues related to the sale of $AAPL products by Apple’s contract manufacturers

$QCOM {{ '2017-07-19T21:23:19+0000' | timeago}} • Announcement

$QCOM's 3Q17 results were negatively impacted due to the actions taken by $AAPL's contract manufacturers, who failed to fully report and not pay royalties due on the sales of $AAPL products. Due to this the company did not provide certain metrics of its QTL business, which include total device sales and related estimated ranges of device shipment.

$QCOM {{ '2017-07-19T21:08:44+0000' | timeago}} • Announcement

$QCOM, that is facing several litigation issues, posted 40% drop in 3Q17 earnings, mainly due to the bitter legal battle with $AAPL, who did not report and pay royalties. Revenues fell 11% YoY to $5.4Bil. Net income were $0.9Bil, or $0.58 per share, down 40% from $1.4Bil, or $0.97 per share in 3Q16. Excluding items, $QCOM earned $0.83 per share.

$AAPL {{ '2017-07-19T12:49:32+0000' | timeago}} • Announcement

Isabel Ge Mahe, VP of Wireless Technologies, has been named $AAPL's VP and MD of Greater China business, reporting to CEO Tim Cook and COO Jeff Williams. In this newly created role, Ge Mahe will provide leadership and coordination across Apple’s China-based team. She will assume her new role, based in Shanghai, later this summer.

$GS {{ '2017-07-19T11:22:37+0000' | timeago}} • Webcast

$GS advised a number of important transactions that were announced during 2Q17, including $BCR's $24Bil sale to $BDX. $AMZN's $13.7Bil acquisition of $WFM, and $DFT's $7.6Bil merger with $DLR.

$WRK {{ '2017-07-17T20:42:46+0000' | timeago}} • Announcement

$WRK completed its acquisition of the assets of Island Container Corp. and Combined Container Industries LLC, which together are independent producers of corrugated boxes, sheets and point-of-purchase displays.

$CAR {{ '2017-07-17T13:54:53+0000' | timeago}} • Announcement

Car Rental operator $CAR said it has integrated $AMZN’s voice platform Alexa to allow travelers to book and manage car rental reservations with ease.  Avis is the first car rental company to offer the service.

$IT {{ '2017-07-13T12:15:11+0000' | timeago}} • Announcement

According to preliminary results by $IT, Worldwide PC shipments totaled 61.1MM units in 2Q17, a 4.3% decline from last year. Shipments in 2Q17 were the lowest quarter volume since 2007. $HPQ reclaimed the top position from Lenovo in the worldwide PC market in 2Q17, followed by $DELL and $AAPL succeeding in third and fourth place.

$AMZN {{ '2017-07-12T13:51:52+0000' | timeago}} • Announcement

$AMZN said on Prime Day 2017, held on July 11, sales surpassed Black Friday and Cyber Monday. The Prime Day 2017 event grew by more than 60% compared to 2016, and sales growth by small businesses and entrepreneurs was even higher. Purchases made on Prime Day 2017 were more than 50% higher than the prior year.

$AMZN {{ '2017-07-10T11:06:10+0000' | timeago}} • Announcement

$AMZN plans to open a new fulfillment center in Orlando, Fla. When the site opens in 2018, $AMZN will create 1,500 new full-time jobs with benefits and opportunities to engage with Amazon Robotics in a highly technological workplace.

$MLHR {{ '2017-07-06T15:37:23+0000' | timeago}} • Webcast

$MLHR expects to achieve its cost saving target - up to $25-30MM over the coming years - through workforce reduction and a range of activities such as cutting down travel and entertainment expenses. The other major cost-saving initiatives in the pipeline are facilities consolidation and logistics optimization.

$MLHR {{ '2017-07-06T15:26:19+0000' | timeago}} • Webcast

$MLHR said the recently opened or repositioned, designer studios have added around 70,000 sq.ft. of selling space to the company’s consumer business portfolio. $MLHR plans to add 60,000 sq.ft. of incremental selling space next year through six new, or repositioned studios.

$MLHR {{ '2017-07-06T15:17:30+0000' | timeago}} • Webcast

$MLHR has outlined its growth strategy for fiscal 2018, with the top priority being scaling up of the consumer business. The other main focus areas are cost saving and product innovation. The company expects its cost-cutting initiatives to raise operating margins consistently by 10% over the next three years.

Recent Transcripts

MLHR (Herman Miller Inc.)
Thursday, July 6 2017 - 1:30pm
PLUS (ePlus inc.)
Wednesday, May 24 2017 - 8:30pm
SPLS (Staples, Inc.)
Tuesday, May 16 2017 - 12:00pm
ODP (Office Depot, Inc.)
Tuesday, May 9 2017 - 1:00pm
CHRS (Coherus Biosciences, Inc.)
Monday, May 8 2017 - 8:30pm
CVO (Cenveo Inc.)
Thursday, May 4 2017 - 1:00pm
AAPL (Apple Inc)
Tuesday, May 2 2017 - 9:00pm
CGNT (Cogentix Medical, Inc.)
Tuesday, May 2 2017 - 8:30pm
CIGI (Colliers International Group Inc.)
Tuesday, May 2 2017 - 3:00pm
AMZN (Amazon.com, Inc.)
Thursday, April 27 2017 - 9:30pm
ESND (Essendant Inc.)
Thursday, April 27 2017 - 12:30pm
WRK (WestRock Company)
Wednesday, April 26 2017 - 12:30pm
KNL (Knoll, Inc.)
Tuesday, April 25 2017 - 2:00pm
GPK (Graphic Packaging Holding Company)
Tuesday, April 25 2017 - 2:00pm
MLHR (Herman Miller Inc.)
Thursday, March 23 2017 - 1:30pm
CHRS (Coherus Biosciences, Inc.)
Monday, March 13 2017 - 8:30pm
CGNT (Cogentix Medical, Inc.)
Thursday, March 9 2017 - 4:00pm
SPLS (Staples, Inc.)
Thursday, March 9 2017 - 1:00pm
ODP (Office Depot, Inc.)
Wednesday, March 1 2017 - 2:00pm
ESND (Essendant Inc.)
Tuesday, February 28 2017 - 1:30pm

AlphaGraphics you may like