“Zebra Technologies is honored that Gartner has named us as a Leader in the 2021 Magic Quadrant for Indoor Location Services, Global for the second consecutive year,” said Matt Seltz, General Manager of Location Solutions, Zebra Technologies.
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A complimentary copy of the full report is available from Zebra Technologies’ website. This is the second consecutive year that Zebra Technologies has been placed in the Leaders Quadrant. as a Leader in the February 2021 Magic Quadrant for Indoor Location Services, Global. 24, 2021 – Zebra Technologies Corporation (NASDAQ: ZBRA), an innovator at the edge of the enterprise with solutions and partners that enable businesses to gain a performance edge, today announced it has been recognized by Gartner, Inc. “The good news is that any recession is generally expected to be mild, and inflation is widely believed to have peaked, but there is clearly much gloom persisting, notably for consumer discretionary and real estate,” he said.Company recognized in Leaders Quadrant for the second consecutive year investor sentiment is in the doldrums.Ĭhris Williamson, executive director at S&P Global Market Intelligence, said: “The vast majority of investors surveyed anticipate the coming year to be one of recession combined with elevated inflation, meaning the global economy and tightened monetary policy are set to act as ongoing major drags on market performance and corporate earnings. “We are in for a period of white knuckles on the steering wheel, and I wonder if, at some point, financial market participants may begin to question their faith in the Fed’s ability to quickly get inflation back under control,” Stanley said.Īnd investors might not want to stick with fashion through white-knuckled ride.Ī new reading of the S&P Global Investment Manager Index found that U.S. “Outside of falling gasoline prices, inflation appears to be just as hot as ever, which means that the Fed still has plenty of work to do,” said Stephen Stanley, chief economist at Amherst Pierpont Securities. The Dow Jones Industrial Average fell sharply on Tuesday, losing 3.9 percent, or 1,276.37 points, to close at 31,104.97.Īmong the fashion decliners were Rent the Runway Inc., down 38.7 percent to $3.02 after laying out a restructuring that sees it laying off 24 percent of its corporate workforce RealReal Inc., 14.1 percent to $2.26 Stitch Fix Inc., 13.3 percent to $4.90 G-III Apparel Group, 10.2 percent to $16.27 Warby Parker Inc., 9 percent to $14.31 Signet Jewelers, 8.5 percent to $58.14, and Farfetch, 7.7 percent to $10.67.
Wall Street was looking for signs of relief and instead got almost a promise of more interest-rate hikes, as the Fed is seen as all but certain to keep making it more expensive to borrow money to push prices back down. It costs more to buy goods, ship inventory and borrow money, consumers are stressed and investors are growing more frantic, staying away from any kind of uncertainty.
Meanwhile, fashion and retail are hit on almost every side. The increases - fed by Russia’s war against Ukraine and pandemic supply chain backups - are forcing tough choices on consumers and has the Federal Reserve raising interest rates to cool the economy off, even at the price of recession.