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Top related persons:
Mike Lenz - 4 Tesla - 3 Morgan Stanley - 2 MicroStrategy - 2 Rivian - 2 Jesse Pound - 2 Elon Musk - 1 Zachary Kirkhorn - 1
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Search resuls for: "Mike Lenz"


5 mentions found


☆ CFOs are stepping into a rapidly revolving door
  + stars: | 2023-08-14 | by ( Jennifer Saba | ) www.reuters.com   time to read: +3 min
NEW YORK, Aug 14 (Reuters Breakingviews) - Chief financial officers are stepping into an increasingly rapidly revolving door. loadingIn the first half of this year, 103 of the top 1,000 companies ranked by Fortune lost their CFO, according to executive search firm Heidrick & Struggles. CFOs are grappling with rising inflation and interest rates – in some cases, for the first time in their careers. High CFO turnover looks far from transitory. Follow @jennifersaba on TwitterCONTEXT NEWSTesla said on Aug. 7 that its Chief Financial Officer Zachary Kirkhorn was stepping down.
Persons: Elon Musk, Zachary Kirkhorn, Francois, Xavier Roger, Anna Manz, Fortune, Refinitiv, Ruth Porat, Morgan Stanley, Mike Cavanagh, NBCUniversal, Mike Lenz, Unilever’s, Graeme Pitkethly, Walt Disney’s, Christine McCarthy, James Kehoe, Crist Kolder, Tesla, Vaibhav Taneja, Kirkhorn, Peter Thal Larsen, Sharon Lam, Aditya Sriwatsav Organizations: Reuters, Finance, Walgreens Boots Alliance, London Stock Exchange, Reuters Graphics Reuters, Comcast, Walgreens, CFOs, Thomson Locations: Swiss
☆ Everyone wants to know when consumer demand is going to come back for real. Here's what FedEx execs are watching.
  + stars: | 2023-06-23 | by ( Emma Cosgrove | ) www.businessinsider.com   time to read: +5 min
FedEx's massive overhaul is showing early signs of success but package volumes are still down. For the year ahead, FedEx expects moderate revenue growth of between 1% and 3% year over year. FedEx is expecting package volumes to finally bounce back after five straight quarters of declines. FedEx's guidance for the next 12 months includes moderate revenue growth, somewhere between 1% and 3% year over year. "Green shoots," or signs of potential revenue growth, are beginning to show in Europe however, she said.
Persons: We're, Raj Subramanian, Morgan Stanley, Brie Carere, Carere, hasn't, Jason Furman, Mike Lenz, Subramanian Organizations: FedEx, Tuesday, Target, Harvard Locations: Europe, North America, Trans
☆ Stocks making the biggest moves premarket: Spotify, FedEx, Tesla, Coinbase and more
  + stars: | 2023-06-21 | by ( Brian Evans | ) www.cnbc.com   time to read: +2 min
Check out the companies making headlines in premarket trading. MicroStrategy — The cloud services firm with exposure to bitcoin added 2.9% in premarket trading, following other names higher. The company reported an adjusted $2.13 per share against estimates of $1.78, according to FactSet. Spotify — Shares of the music streaming service rose about 2% in premarket trading after Wolfe Research upgraded Spotify to outperform from peer perform. Exact Sciences — Shares added 6% on news of research agreements with The MIT and Harvard Broad Institute to exclusively use the company's molecular residual disease diagnostic testing platform.
Persons: Mike Lenz, Coinbase, MicroStrategy, Tesla, Wolfe, Price, Rivian, Jesse Pound Organizations: FedEx Corp, FedEx, Riot, U.S . Securities, Exchange Commission, Barclays, Winnebago Industries, Spotify, Wolfe Research, MIT, Harvard Broad Institute Locations: Midtown, New York, U.S
☆ Stocks making the biggest moves midday: Dollar Tree, Amazon, FedEx and more
  + stars: | 2023-06-21 | by ( Alex Harring | ) www.cnbc.com   time to read: +4 min
People walk by a Dollar Tree store on December 11, 2018 in the Brooklyn borough of New York City. FedEx — The delivery company fell 1.7% after quarterly revenue missed expectations and announced CFO Mike Lenz would retire on July 31. Adjusted earnings were better than expected at $4.94 per share against the anticipated $4.89, while forward guidance was around flat. Advanced Micro Devices — Shares of the chipmaker pulled back nearly 5%, on track for their biggest intraday loss in two weeks. Dollar Tree — Shares of Dollar Tree popped more than 3% after the discount retailer reiterated its fiscal second-quarter 2023 earnings guidance.
Persons: Mike Lenz, MicroStrategy, Tesla, Rivian, Goldman, OneSpaWorld, Walt Disney, Needham, Laura Martin, Bob Iger, Raymond James, Uniqure, hemophilia, Yun Li, Michelle Fox, Jesse Pound, Sarah Min, Brian Evans Organizations: Federal Trade Commission, Amazon, FedEx, Securities and Exchange Commission, Barclays, GlaxoSmithKline —, Petrobras —, Walt Disney —, AMD Locations: Brooklyn, New York City, bitcoin, Netherlands
☆ Companies’ Capital Spending Forecast to Slow in 2023 Amid Recession Fears
  + stars: | 2023-01-16 | by ( Kristin Broughton | ) www.wsj.com   time to read: +8 min
Companies are expected to tap the brakes on capital investments this year as they assess the risk of a downturn and contend with higher financing costs. Capital spending in 2021 rose by 9% compared with 2020, the first year of the pandemic, EY said. After two years of spending heavily, some companies want to take a pause to digest the investments they’ve made, advisers said. FedEx Corp. last month lowered its capital spending forecast for the current fiscal year by $400 million, to $5.9 billion. The remainder said they don’t finance their capital spending plans through borrowing, or their borrowing isn’t sensitive to changes in interest rates.
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