#CFO News

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JetBlue stock plunges as much as 19% as profitability goal hits setback

finance.yahoo.com JetBlue’s (JBLU) stock sank as much as 19% on Tuesday after the airline cut its annual revenue forecast. It's another setback in the company's attempts to get back to a…

Meta Stock Q1 Preview: Can Ads Growth Keep Up With AI Spending?

investors.com The stakes are high as Meta Platforms (META) prepares its first quarter earnings report for late Wednesday. The Facebook parent company's Meta stock has gained nearly 40%…

The $7.4 Trillion in Unlocked Shareholder Value Missed by Wall Street Financial Analysts

institutionalinvestor.com To borrow Jonathan Guthrie’s example drawn from The Hedgehog and the Fox by Isaiah Berlin, most Wall Street financial analysts act like hedgehogs beholden to a single…

Express clothing retailer closing Santa Clara and Emeryville stores; sales start today

siliconvalley.com By WYATTE GRANTHAM-PHILIPS and ANNE D’INNOCENZIO | AP Business Writers NEW YORK — Express Inc — once a trendsetter of casual office attire that has struggled to compete with…

Airbnb's new chief business officer shares his top priorities for hosts and travelers

cnbc.com In this photo illustration, a key is seen in front of a computer screen displaying the Airbnb logo in Ankara, Turkiye on November 22, 2023. As Airbnb's recently appointed…

IBN Announces Latest Episode of The Bell2Bell Podcast featuring Hank Wang, CEO of SUIC Worldwide Holdings Ltd

benzinga.com LOS ANGELES, April 23, 2024 (GLOBE NEWSWIRE) -- via IBN – IBN, a multifaceted communications organization engaged in connecting public companies to the investment community,…

Fiserv Sees ‘Pent Up’ Demand for Clover’s POS Hardware and Software Solutions

pymnts.com Fiserv’s most recent earnings call Tuesday (April 23) demonstrated continued demand for its point-of-sale (POS) systems that enable merchants to accept payments. The company…

Novartis nominates former Bristol Myers CEO Giovanni Caforio as its new chair. Will M&A deals follow?

fiercepharma.com Giovanni Caforio, M.D., is lining up a new gig soon after handing all his Bristol Myers Squibb leadership roles over in March. The recent Big Pharma CEO has been proposed as…

Porvair CFO Buys Shares, Expands Holding

tipranks.com Porvair plc (GB:PRV) has released an update. Porvair plc has reported that James Mills, the CFO of the company, has increased his stake by purchasi...

Spotify hits record profit as active user base grows to 615m

siliconrepublic.com The Swedish streaming giant that has been investing heavily in AI said its gross profit surpassed €1bn for the first time this year since it was founded in 2006. Spotify has…

AI is the next frontier for Bitcoin mining

qz.com After successfully completing its “halving,” Bitcoin is sitting strongly at $66,000, and crypto stocks are in celebration mode. Now people are wondering what will happen to…

China’s Chip Crackdown: 2 Semiconductor Stocks to Dump, 1 Primed to Pop

investorplace.com Technology trade war with China escalates and could ensnare more chipmakers in its trap Trade wars are always destructive. The current escalation in the chip wars will be no…

ADM’s CFO to Step Down Amid Probe

tipranks.com Archer-Daniels-Midland (NYSE:ADM), a food processing and commodities trading company, said in an SEC filing that its CFO, Vikram Luthar, will step ...

ADM CFO to resign as company faces US government investigation

finance.yahoo.com Grain trader Archer-Daniels-Midland said on Monday that Chief Financial Officer Vikram Luthar will resign from his role effective Sept. 30. Luthar is the highest-level…

Express files for Chapter 11 bankruptcy protection, announces store closures, possible sale

actionnews5.com Express Inc — once a trendsetter of casual office attire that has struggled to compete with the likes of Zara and H&M — has filed for Chapter 11 bankruptcy protection. The…

Watkin Jones Appoints New CFO Amidst Growth

tipranks.com Watkin Jones (GB:WJG) has released an update. Watkin Jones plc has announced the upcoming departure of CFO Sarah Sergeant in mid-June 2024, and the...

Retailer Express files for bankruptcy, announces store closures

apnews.com Express Inc — once a trendsetter of casual office attire that has struggled to compete with the likes of Zara and H&M — has filed for Chapter 11 bankruptcy protection. The…

Analyst revises Google parent Alphabet's stock price target before earnings

thestreet.com This probably wasn't what The Doors meant when they sang, "c'mon on, baby, light my fire." The legendary rock band's 1967 signature song was about turning people on instead…

Ditch These 3 EV Stock Clunkers Before They Drain Your Wealth

investorplace.com Drop these struggling EV stocks to sell before it's too late The electric vehicle (EV) market has been a hotbed of activity in recent years, with stocks previously soaring…

Can Companies Automate Away America’s Growing Accountant Shortage?

pymnts.com When it comes to choosing a career in accounting, the numbers no longer add up. That’s because, from corporate finance departments to CPA (certified public accountant) prep…

Popular clothing retailer files for bankruptcy, announces store closures

ktla.com Express Inc. has filed for Chapter 11 bankruptcy protection, as the fashion retailer looks to sell off the majority of its stores. Columbus, Ohio-based Express, which is…

FI Operational Resiliency Goes Proactive as UK Regulations Loom

pymnts.com Bad things can happen to good companies. And with the news Friday (April 12) that instant money movement platform TabaPay is acquiring Synapse’s assets following the…

Express bankruptcy: Full list of mall brand’s 95 stores marked for closure

fastcompany.com If you grew up hanging around the neighborhood mall, seeking out the trendiest low-rise jeans and tanks, you might feel nostalgically bummed today. Express, the clothing…

Express Files for Chapter 11 Bankruptcy, Closing Stores

entrepreneur.com The once bustling workwear retailer Express officially filed for Chapter 11 bankruptcy protection in the U.S. on Monday. The retailer will close 100 stores across the…

Truist Financial’s Digital Transactions Leap 13%

pymnts.com Digital channels continue to gain adherents in financial services, as Truist Financial Corp.’s latest earnings results showed Monday (April 22). Earnings supplementals…

Here Are the Nova Music Festival Survivors Highlighted at Emotional NYC Exhibit

billboard.com It’s been six months since hundreds of concertgoers were killed during the devastating terrorist attack at Nova Music Festival in October 2023, where Hamas militants invaded…

Fabled Silver Gold Announces CFO Resignation

tipranks.com Fabled Silver Gold Corp (TSE:FCO.H) has released an update. Fabled Silver Gold Corp. has announced the resignation of CFO Alnesh Mohan, effective A...

Popular mall retailer files bankruptcy, will close 100 stores

al.com Mall retailer Express Inc. has filed for bankruptcy and will close more than 100 stores. In a statement issued Monday, Express Inc. said it will file Chapter 11 bankruptcy…

ASML takes step toward major expansion in Eindhoven, Netherlands

aol.com ASML, the largest supplier of equipment to computer chip makers, is considering a major expansion in the Dutch city of Eindhoven, an important step toward resolving doubts…

Gen Z women flock to Uniqlo as return-to-office mandates force them to merge work and evening wear

aol.com Growing return-to-office mandates have forced workers to make fresh adjustments to their lives, dictating where they live, their hygiene routine, and increasingly, the…

Paul Deegan: Dismissal of Royal Bank CFO is no run-of-the-mill firing

financialpost.com That’s exactly what Royal Bank of Canada, the country’s largest company by market capitalization, did when it announced “changes to its executive team” in a press release…

3 Dividend Kings Down 11% You’ll Regret Not Buying on the Dip

investorplace.com The royalty of the dividend world are offering investors unique discount opportunities Dividend stocks have a proven record of stock market outperformance. For nearly 100…

Apparel Retailer Express Files for Bankruptcy; Shuts Some Stores

benzinga.com Apparel retailer Express Inc EXPR and its subsidiaries have filed voluntary Chapter 11 petitions in the U.S. bankruptcy court for the district of Delaware. The retailer,…

From McDonald's to Chipotle, here are the restaurants that have decided to raise menu prices in California

businessinsider.com California franchisees who run restaurants from McDonald's to Vitality Bowls have passed higher wage costs to consumers. Michael Siluk/UCG/Universal Images Group via Getty…

Apparel retailer Express files for US bankruptcy protection, to close over 100 stores

finance.yahoo.com Fashion retailer Express Inc has filed for Chapter 11 bankruptcy in the United States and intends to close more than 100 stores, it said on Monday. The retailer whose…

Mobico Group Announces CFO Transition

tipranks.com Mobico Group Plc (GB:MCG) has released an update. Mobico Group Plc has announced a change in leadership, with James Stamp stepping down as CFO at t...

Games Workshop CFO Sells Shares, Reduces Stake

tipranks.com Games Workshop (GB:GAW) has released an update. Rachel Tongue, the CFO of Games Workshop, has sold 7,500 shares of the company at an average price ...

1 Stock to Buy, 1 Stock to Sell This Week: Meta Platforms, Tesla

investing.com Big Tech earnings, core PCE inflation data will be in focus this week. • Looking for more actionable trade ideas? Join InvestingPro for under $9 a month for a limited time…

Top Wall Street analysts pick these 3 dividend stocks for higher returns

cnbc.com Macroeconomic woes and geopolitical tensions have been weighing on investor sentiment, shaking up the major averages in the past week. Investors seeking stability may want…

Starkman: Sorry Detroit, GM CEO Mary Barra Conned Motown With Bogus Headquarters Claim

deadlinedetroit.com The writer is a Los Angeles freelancer and former Detroit News business reporter. He blogs at StarkmanApproved.com. Psst. Hey Deadline Detroit readers, can you keep a…

Is AMC Stock, 99% Below Its All-Time Peak And Living Below The 10-Week Line, A Buy Or Sell Now?

investors.com Going to the movies is fun and exciting again. The opening-day results of "Dune: Part Two" released on March 1 certainly attest. But can it match the truly mind-bending…

Charter School Founders Accused Of Massive Fraud

zerohedge.com Charter School Founders Accused Of Massive Fraud Authored by Michael Clements via The Epoch Times (emphasis ours), Prosecutors are accusing three men of bilking Oklahoma out…

Live Nation Stock Sinks on Antitrust News, Hipgnosis Shares Soar After Takeover Bid

billboard.com Live Nation shares fell 10.9% to $89.98 this week after The Wall Street Journal reported the U.S. Department of Justice plans to file a lawsuit against the company in the…

The Morning Risk Report: Wall Street Steered Billions to Blacklisted Chinese Companies, House Probe Finds

createsend.com Good morning. A congressional investigation found that Wall Street used billions of dollars of American retirement savings and other investments to buy shares in index funds…

Kent Outdoors Announces $100 Million Credit Facility From Eclipse Business Capital to Support Growth Strategy

benzinga.com Financing Follows Earlier Investments from Preeminent Investor Group; Kent to Continue to Invest in Leadership, Innovation, and Operations SALT LAKE CITY, April 19, 2024…

MicroStrategy to Host Bitcoin For Corporations Conference

bitcoinmagazine.com MicroStrategy, the leading business intelligence and Bitcoin development company, is set to convene its MicroStrategy World conference, taking place April 29 - May 2, 2024…

Netflix Rattles Investors by Ending Subscriber Disclosures

variety.com Netflix made a surprise announcement in reporting its (very good) first quarter results this week: The streaming TV powerhouse will stop reporting quarterly subscriber…

Programming Taproot

forbes.com Last month I attended the maiden voyage of Programming Taproot, a new workshop that Bitcoin developer Jimmy Song just launched. He held the one-day workshop in Bitcoin…

Raymond James’ Next CEO on Culture, Leadership, and M&A

barrons.com When it came time for Raymond James Financial to select a successor to longtime CEO Paul Reilly, the company turned to its relatively young CFO, Paul Shoukry. There’s a…

The AP/AR Modernization Mandate: From Self-Assessment to Better B2B Payments

pymnts.com Modern technology makes modern business strategies possible. And with the news on Thursday (April 18) that Mastercard is bringing its commercial cards to mobile wallets,…

60% of New Amex Accounts Are Opened by Gen Z, Millennials

pymnts.com Younger, affluent consumers are showing notable resilience when it comes to spending on experiences and travel — and using their credit cards to do so. To that end, Amex…

Costco quietly making shopping change customers should love

thestreet.com Costco has always been an in-store shopping experience. The warehouse club built its business around the idea of its stores actually being no-frills warehouses. Merchandise…

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