CEO Financial News

25.07 / 21:35

Provident CEO Strategy Broker LPL acquiring California broker-dealer with 260 advisors

LPL Financial, a firm with a long history of mergers and acquisitions, added to that Tuesday with an announcement that it was acquiring the wealth management business of Crown Capital Securities, an Orange County, California-based broker-dealer and registered investment advisor with 260 financial advisors and $6.5 billion in assets under its roof.

25.07 / 21:15

CEO Hennessy beautiful LVMH 2024 Luxury group LVMH joins top-tier French sponsors of the 2024 Paris Olympics and Paralympics

The world’s biggest luxury group, LVMH Moët Hennessy Louis Vuitton, has announced a sponsorship deal with the 2024 Paris Olympics and Paralympics

25.07 / 21:15

COST UPS FIVE CEO UPS reaches tentative contract with 340,000 unionized workers potentially dodging calamitous strike

UPS has reached a contract with its 340,000-person union, averting a potential strike that would have disrupted deliveries for businesses and households nationwide

25.07 / 21:15

COST Provident Maxim Progressive CEO Kroger Backed Indoor farming company backed by Martha Stewart files for bankruptcy

Officials say a Kentucky-based indoor farming company that was backed by Martha Stewart when it began shipping tomatoes in early 2021 has filed for bankruptcy

25.07 / 21:15

COST UPS Manufacturing CEO Chevrolet General Motors General Motors Q2 profit up 52% on strong sales, company confirms new Chevy Bolt EV is coming

General Motors posted $2.54 billion in second-quarter net income, a 52% increase over a year ago

25.07 / 21:15

UPS Twitter FIVE Microsoft CEO Meta Ceo House Republicans House Republicans plan to hold Meta's Mark Zuckerberg in contempt of Congress

Meta CEO Mark Zuckerberg is being threatened with contempt of Congress

25.07 / 21:13

CEO pop Buyback Wells Fargo announces $30 billion buyback, shares rise

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25.07 / 20:01

Provident AXY CEO Fighting Assurant Enterprise Wipro Enterprises seeks to buy out shareholders reluctant to sell

BENGALURU : Azim Premji’s Wipro Enterprises Ltd has offered to buy the remaining 1.55% of shares from 150 shareholders of the $10 billion privately held company at ₹1,654 a share, eight years after a similar attempt ran into opposition from longstanding investors. Last week, shareholders received a communication from Wipro Enterprises on the reduction of capital under which all non-promoter shareholders are required to tender their shares at the company’s annual general meeting (AGM) on 10 August.

25.07 / 19:55

UPS FIVE Reuters CEO RTX to take up to 60 days to fix each GTF engine with contamination issue

(Reuters) -RTX Corp will need up to 60 days to inspect and fix each GTF engine used on Airbus jets that were found to have a new problem involving contaminated powder metal, CEO Greg Hayes said in an interview on Tuesday.

25.07 / 17:47

UPS CEO Greenply Q1 Results: Net profit at ₹0.8 crores, revenue up by 5% (YoY)

₹0.8 crore during the quarter ending June 2023. The revenue of the company rose by 5% year-on-year and reached ₹476.1 crores during the period under review. The company was profitable only in the Plywood business as it reported a profit after tax (PAT) of ₹20.9 crore.

25.07 / 17:47

COST Digital Booking CEO performer Asian Paints Q1 net profit jumps 52.5%

Asian Paints Ltd, India’s largest paints maker, reported a mixed set of first quarter numbers on Tuesday, with profit beating estimates even as revenue came below expectations. The company posted a 52.5% increase in consolidated net profit at ₹1,550.4 crore for the quarter from ₹1,016.9 crore a year ago. Consolidated revenue from operations rose 6.7% year-on-year to ₹9,182.31 crore from ₹8,606.94 crore.

25.07 / 17:15

UPS Career CEO Platform Pool Align AdvicePay hires new CEO to succeed Alan Moore

Fintech billing and payment platform AdvicePay has filled its chief executive vacancy with Alex Sauickie, a fintech veteran and New Jersey state assemblyman.

25.07 / 16:35

COST UPS CEO Sebi issues Rs 2.2 cr demand notice to Yes Bank's former MD Rana Kapoor

Yes Bank's former MD and CEO Rana Kapoor, asking him to pay Rs 2.22 crore in a case of mis-selling the private sector lender's AT1 bonds and warned of arrest and attachment of assets as well as bank accounts if he fails to make the payment within 15 days. Kapoor has been in jail since March 2020 in connection with the DHFL money laundering case. The demand notice came after Kapoor failed to pay the fine imposed on him by the Securities and Exchange Board of India (Sebi) in September 2022.

25.07 / 16:35

Citi Aviat CEO Airlines track FLY91 allocated routes under UDAN scheme

Fly91, a new airline helmed by top aviation veterans has been allocated its first set of routes under the Government of India’s Regional Connectivity Scheme (RCS) UDAN. The routes given under UDAN 5.0 will see FLY91 connect the cities of Sindhudurg, Jalgaon, Nanded and Agatti with business and leisure destinations of Bangalore, Goa, Hyderabad and Pune.

25.07 / 16:31

COST UPS CEO Strategy Align Tesla Chevrolet GM does a U-turn to save the Chevy Bolt

By Paul Lienert and Joseph White

25.07 / 15:47

Digital CEO Parke Samsung country Amazed to see fast pace digital change in India through smartphones: Samsung SW Asia CEO

India has changed digitally at a fast pace with the use of smartphones, and businesses will expand in the country in the coming years, a senior Samsung official said here. Samsung SouthWest Asia President and CEO JB Park said Digital India kind of projects were adopted in Korea in the past that brought growth and development in the country. India has a vast population under an average of 30 years, which will push for growth in demand and business, he added.

25.07 / 15:47

COST Man CEO COP Mind Risk in real estate: Capital Mind CEO shares mother's ordeal in evicting defaulting tenant

wealth creation is to buy a property. However, according to Capital Mind CEO Deepak Shenoy, more money can be made in markets with far less hassle than in real estate. The founder and CEO of Bengaluru-based Capital Mind, revealed how his own mother had to struggle for two years to evict a defaulting tenant who refused to pay after the very first month.

25.07 / 15:09

UPS Aviat CEO Airlines Boeing GE rides aviation boom to lift 2023 profit forecast

By Rajesh Kumar Singh and Abhijith Ganapavaram

25.07 / 15:09

CEO electronic GE HealthCare says Alzheimer's drug approval to drive imaging equipment sales

By Khushi Mandowara

25.07 / 14:59

UPS FIVE CEO Remark Inside open Former staff of Canadian fashion giant Aritzia open up about ‘culture of fear’. 4 toxic workplace red flags you should never ignore

Aritzia have spoken about the toxic company culture. In an interview with Insider, the former employees described in vivid detail the “exploitative” culture at Aritzia. Besides the inhuman amount of work pressure, the employees were also subjected to various sorts of psychological abuse and microaggressions.

25.07 / 14:39

Twitter FIVE EBAY CEO Action settlement Goodyear Tire to expand board in settlement with Elliott

(Reuters) -Goodyear Tire & Rubber Co said it would add three directors in agreement with Elliott Investment Management, months after the activist investor disclosed a stake and called for changes to strengthen the company's financial position.

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