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CFOs are pulling out their recession playbooks. But persistent inflation is still a worry

Corporate finance chiefs seem to be more concerned about persistent inflation than a potential recession. Inflation makes it difficult for companies to stabilize wages. It complicates the decision of setting prices for products and where to invest for growth, and causes unexpected expenses. The resulting higher interest rates are creating significant headwinds for acquisitions. Stock and bond prices drop when alarming inflation data arrives since it indicates that the Fed will continue raising rates.
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Seekingalpha.com

Weave Communications Aims For Improved Sales Efficiencies As Recession Threatens

Weave Communications went public in November 2021, raising approximately $120 million in gross proceeds in a U.S. IPO. The company provides provides a suite of customer communications software primarily to small businesses. A Quick Take On Weave Communications. Weave Communications (NYSE:WEAV) went public in November 2021, raising approximately $120 million...
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healthleadersmedia.com

Castleview Hospital Appoints New CFO

Jay Noyes has been with the organization for 15 years and stepped into his new role at the end of October. — Castleview Hospital— a Price, Utah-based healthcare provider with 39 total staffed beds and over $222 million in total patient revenue—has appointed a new chief financial officer.
PRICE, UT
fashionunited.com

Foot Locker CFO to step down in executive team shake-up

Foot Locker has announced a number of changes to its top team, including the departure of its chief financial officer and the appointment of a new chief operating officer. The New York-based specialty athletic retailer announced Thursday that Andrew Page will step down as CFO following the company's Q4 earnings report. A search for a successor is underway.

Greenway Greenhouse Cannabis Q2 203 Revenue Grows 9% YoY To $962K

Greenway Greenhouse Cannabis Corporation GWAY revenue in the Q2 2023 was CA$1.3 million ($962,000) an increase of 9% compared to CA$.1.2 million in the Q2 2022. Gross profit was CA$601,816 compared to CA$262,329 in Q2 2022. Loss and comprehensive loss was CA$452,935 compared to a loss of CA$1.3 million in...

What's Going On With Intuit Stock?

Intuit Inc INTU shares are trading narrowly higher Wednesday. The stock initially fell after the company reported better-than-expected financial results, but issued second-quarter earnings guidance below analyst estimates. What Happened: Intuit said fiscal first-quarter revenue increased 29% year-over-year to $2.6 billion, which beat average analyst estimates of $2.5 billion, according...
PV Tech

SK D&D, Glennmont establish JV to invest in solar projects in South Korea

South-Korean renewable energy developer SK D&D has signed a shareholders agreement with Glennmont Partners to establish a joint venture (JV) investing in solar PV projects in South Korea. The first phase of the JV will intend to build 80MW of PV projects in South Korea, estimated to require around KRW160...
Photonics.com

Zebra Appoints Chief Supply Chain Officer: People in the News: 11/30/22

LINCOLNSHIRE, Ill., Nov. 30, 2022 — Mobile computing and digital solutions provider Zebra Technologies appointed Tamie Froese chief supply chain officer. Froese joined Zebra in 2020 as vice president of global procurement with responsibility for all of Zebra’s direct and indirect procurement. Prior to Zebra, she worked at General Motors where she held leadership roles in supply chain and cross-functional leadership roles in manufacturing, engineering, and transformation.

Claudio Fort resigns as president and CEO of RRMC

Rutland Regional Medical Center Board chair Mark Foley, Jr. announced Nov. 22 that president and CEO Claudio Fort has resigned his position and will leave the hospital at the end of December. Fort joined Rutland Regional in April 2018 and […] Read More The post Claudio Fort resigns as president and CEO of RRMC appeared first on The Mountain Times.
RUTLAND, VT
theregistrysf.com

Quattrocchi Kwok Architects Announces Transition to Next Generation of Leadership

North Bay Area’s Largest Architecture Firm Celebrates 100% Growth Over Last Decade. Santa Rosa, Calif., Nov. 29, 2022 – After nearly four decades of serving Northern California’s education industry through exemplary planning and design services, Quattrocchi Kwok Architects (QKA) announces a transition of leadership. Effective Jan. 1, Founding Principals Mark Quattrocchi, FAIA, and Steve Kwok, AIA will assume Principal Emeritus status, stepping away from day-to-day leadership roles while continuing their work with select clients and providing mentorship. A new generation of leadership made up of longtime QKA Principals Aaron Jobson, Jim Theiss and John Dybczak, alongside newly-named Principals Lyanne Schuster, Kevin Chapin and Nick Stephenson, will maintain existing client service roles while also assuming management and strategic planning of the more than 70-person firm.
Advanced Television

AMC Networks axing 20% of staff

AMC Networks has announced that its Chief Executive Officer, Christina Spade, has stepped down effective immediately after just three months on the job. The company further plans to lay off around one-fifth of its US workforce as it faces pressure from streaming competitors and a slowing economy. The US cable...
justicenewsflash.com

The Ecommerce Accountants are winners of ClickFunnel’s Elite “Two

Boca Raton, Fla. – (Newsfile Corp. – November 29, 2022) – The experts at The Ecommerce Accountant provide a full range of income tax, accounting, CFO, bookkeeping, sales tax and business structuring services for e-commerce businesses such as: B. Direct-to-Consumer (D2C), Shopify, digital marketers, and Amazon FBA stores. After hitting a million dollars in sales with ClickFunnels, The Ecommerce Accountants have received recognition for their outstanding performance as members of “The two Comma Club.” The award is presented by ClickFunnell co-founder Russell Brunson in recognition of top performers using their platform.
investing.com

BNP Paribas Arbitrage Sells Wipro Shares in Block Deal; Fair Value?

Investing.com -- The financial services provider BNP Paribas (EPA: BNPP ) Arbitrage sold over 18 lakh equity shares of the IT giant Wipro (NS: WIPR ) on Tuesday, while Societe Generale (EPA: SOGN ) has acquired the shares. According to the BSE bulk deal data, BNP Paribas Arbitrage has offloaded...
beckerspayer.com

25 payer exec moves in November

From several new market presidents to departures for venture capital firms, these are 25 payer executive moves reported by Becker's in November:. Rhode Island's Insurance Commissioner Patrick Tigue is stepping down Dec. 2 after two years on the job, Providence Business News reported Nov. 29. BCBS Tennessee named Jenni Bradley...
WISCONSIN STATE
modernreaders.com

Dropbox, Inc. (NASDAQ:DBX) Receives $26.63 Average Target Price from Brokerages

Several brokerages have recently commented on DBX. Jefferies Financial Group reduced their target price on Dropbox from $30.00 to $28.00 and set a “buy” rating for the company in a research note on Monday, October 31st. Bank of America began coverage on Dropbox in a research note on Tuesday, September 6th. They set a “buy” rating and a $34.00 target price for the company. KeyCorp began coverage on Dropbox in a research note on Monday, September 12th. They set an “overweight” rating and a $30.00 target price for the company. Credit Suisse Group began coverage on Dropbox in a research note on Monday, November 21st. They set an “underperform” rating and a $20.00 target price for the company. Finally, The Goldman Sachs Group reduced their target price on Dropbox from $25.00 to $22.00 and set a “sell” rating for the company in a research note on Monday, November 7th.
massdevice.com

Nasdaq grants Nuwellis 180-day extension to comply with listing requirement

Nuwellis (Nasdaq:NUWE) announced today that the Nasdaq market granted it a 180-day extension to regain compliance. Minneapolis-based Nuwellis must comply with the market’s minimum $1 bid price requirement for continued listing. The extension of 180 calendar days follows the expiration of its initial 180-day period to regain compliance on Nov. 28. As a result, Nuwellis now has until May 29, 2023, to regain compliance.
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