Dealer outlook cools on acquisitions
Nearly half of dealers plan to buy one or more dealerships in the next 12 months, while only 2 percent expect to sell in that time frame, according to a survey by Kerrigan Advisors......»»
DIGITIMES Research worldwide notebook shipment update – July 2022
The global top-5 notebook brands (not including Apple) saw their combined shipments slip 28% on month and over 30% on year in July as the worsening global economy has continued undermining market demand and dimming the industry's outlook......»»
Top-5 brands see notebook shipments dive in July, says DIGITIMES Research
The global top-5 notebook brands (not including Apple) saw their combined shipments slip 28% on month and over 30% on year in July as the worsening global economy continues undermining market demand and dimming the industry's outlook, according to DI.....»»
Florida, Texas, Central US could see biggest increase in hot days, new modeling shows
A new report examines how dangerously high temperatures could increase over the next 30 years and reveals a grim outlook for much of the nation, especially a vast swath of the central U.S. where residents aren't accustomed to extreme heat......»»
Audi, Nissan, Ford and Stellantis dealerships acquired in Q2 and Q3 transactions
Three dealership groups expanded, while a new group bought a pair of dealerships, in acquisitions that closed in the second and third quarters involving stores in Missouri, Arkansas, Texas and Vermont......»»
Yageo conservative about 2H22 outlook
Yageo has said order momentum for its niche-market products remains stable, and it has continued to digest the commodity product inventory swelled amid a slowdown in end-market demand......»»
Foxconn raises 2022 sales outlook
Hon Hai Precision Industry (Foxconn) revised its sales outlook this year to an on-year increase despite excess inventories held by its customers......»»
Cooling module maker AVC sees promising demand for servers
Despite a slowdown in short-term data center and other server demand, the long-term demand outlook is promising, according to Asia Vital Components (AVC), which specializes in thermal solution products......»»
PixArt Imaging pessimistic about 3Q22
CMOS image sensor IC design house PixArt Imaging holds pessimistic outlook on its third-quarter 2022 business and expects shipments and gross margin for the quarter to decline sequentially......»»
PowerSchool Announces Second Quarter 2022 Financial Results
PowerSchool exceeds high-end of outlook for both revenue and Adjusted EBITDA, raises outlook for full year 2022 Subscription and Support revenue reaches $135.0 million in the second quarter of 2022, increases 11% year-over-year ARR of $580.3 million.....»»
AAPL acquisitions fell dramatically in 2021 and 2022, show regulatory filings
AAPL acquisitions have fallen dramatically in the past couple of years, according the company’s regulatory filings. Apple spent $1.5B on buying companies in fiscal 2020, falling to just $33M in 2021 and $169M in the first nine months of its 2022 f.....»»
Apple radically cuts down on acquiring firms for technology and talent
Apple bought seven times more firms in 2020 than it now has across both 2021 and 2022 so far, according to new regulatory filings.Apple only rarely makes high-cost, high-profile acquisitions like its 2014 one of Beats. Nonetheless, it has been steadi.....»»
Novatek expects sharp declines in 3Q22 sales
Driver IC (DDI) design house Novatek Microelectronics has a bleak outlook for third-quarter 2022 mainly because global demand for TVs, smartphones and notebooks remains weak, according to company vice chairman and president Steve Wang......»»
American Axle profit slips, sales increase in second quarter
American Axle & Manufacturing Holdings Inc. took another supply chain-related hit to its bottom line in the second quarter but offered a better-than-expected financial outlook through the end of the year......»»
AMD posts solid growth for 2Q22 results but reflects concerns for industry outlook
Advanced Micro Devices (AMD) announced solid second-quarter 2022 financial results on August 2, but its forecast for the third quarter was slightly below Wall Street's estimate, reflecting conservatism amid uncertainties as the OEMs continue to adjus.....»»
VIS expects sales drop in 3Q22, cuts capex outlook
Pure-play foundry Vanguard International Semiconductor (VIS) expects to post a 13-16% sequential decline in third-quarter revenue, and has revised downward its capex outlook this year to NT$23 billion (US$766 million) from the NT$24 billion set previ.....»»
Adlink optimistic about 2H22 business outlook
Adlink Technology, a developer of industrial PC (IPC) products and edge computing solutions, is optimistic about its business prospects for the second half of 2022, driven by growing demand for industrial automation, machine vision and medical applic.....»»
Microsoft Outlook Lite announced for Android
Microsoft has recently announced Outlook Lite for Android, a lighter weight version of its Outlook app designed for lower-end devices. The post Microsoft Outlook Lite announced for Android first appeared on Phandroid. The problem with devel.....»»
Reynolds and Reynolds still on acquisition hunt
President Chris Walsh said in February the company would look for acquisitions in 2022 to bolster its product portfolio and offerings. Since then, the dealership management system provider has completed two acquisitions......»»
Carvana wins temporary injunction against Illinois, can resume business in state for now
The Illinois Secretary of State is forbidden from "suspending or revoking" Carvana's certificates of authority and dealer plates......»»
Asbury back in the market to buy car dealerships
Asbury Automotive Group CFO Michael Welch told analysts last week that the retailer didn't plan to seek new acquisitions until it had cut its leverage to 2 times earnings. And at a debt ratio of 2.1 times earnings at the end of June, Asbury is close.....»»