Honeywell International Inc may possibly acquire supply chain management solutions company JDA Software Group. Honeywell is reportedly in talks about a possible acquisition, shortly after it bought U.S. distribution systems and logistics company Intelligrated Inc.
A new analysis of the 1,000 largest U.S. companies found days payable outstanding (DPO), a measure in days of how long it takes a firm on average to pay suppliers, increased about 5% in 2015. DPO reached 50.1 days across the industries, up from an average of 47.7 days in 2014.
U.S. wholesale inventories rose 0.3% in June, following a 0.2% gain in May, according to the Commerce Department. Inventories of durable goods, including autos and machinery, was down 0.3% in June, but non-durable good inventories were up 1.1%.
U.S. productivity was also down for second quarter of 2016, falling at a 0.5% annualized rate between April and June. It is the third straight quarter of productivity declines.