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Search resuls for: "Akamai Technologies"


6 mentions found


☆ Investors will have their eyes on the consumer price index in the week ahead
  + stars: | 2023-02-10 | by ( Fred Imbert Alex Harring | Fred Imbert | Alex Harring | ) www.cnbc.com   time to read: +7 min
With a majority of S & P 500 companies having posted their quarterly results, investors' focus will turn toward inflation and the consumer price index reading in the upcoming week. The three major indexes are on pace to end the week down, with the S & P 500 poised to post its worst performance since December. Sharp declines for Alphabet , which is off by more than 9% this week, dragged the tech-heavy index. January's consumer price index With the latest Powell speech in the books, investors are now looking ahead to the consumer price index for insight into the pace of inflation. "Retail sales and CPI is really driven by the consumer, and a lot of eyes are on how the consumer doing," Bruno said.
☆ Companies Strengthen Collections, Aim to Get Cash in the Door as Threat of Downturn Looms
  + stars: | 2022-12-21 | by ( Kristin Broughton | ) www.wsj.com   time to read: +6 min
Companies are stepping up efforts to collect on their bills and get cash in the door, aiming to limit future write-offs ahead of a potential downturn. The company’s days of sales outstanding during the latest quarter declined to 67.3 days from 70.4 days during the prior period, according to S&P. Early in the pandemic, some companies extended payment terms to customers that needed funds to shore up liquidity to help navigate temporary lockdown measures. Everbridge said it aims to provide customers with payment terms that are mutually beneficial. ServiceNow’s days of sales outstanding during the third quarter fell to 44 days from 47.4 days a year earlier, according to S&P.
☆ Increasing tech innovation also brings increasing fraud
  + stars: | 2022-12-05 | by ( ) www.businessinsider.com   time to read: +1 min
Banks are coming under fire for weak security controls which are leaving consumers more vulnerable to spoofs, scams, and hackers. Elsewhere, UK banks aren’t taking full advantage of resources that can prevent their customers from falling victim to authorized push payment (APP) fraud , per FinExtra. APIs power open banking: In partnering with fintechs, banks rely heavily on APIs to create quick and easy connections with third-party providers. The practice is common in the UK, where open banking is part of a national mandate. US banks aren’t yet required to implement open banking solutions, though requirements are likely coming .
☆ Corporate America is bracing for a rise in activist investing. Meet the 13 lawyers on speed-dial when companies and investors fight for boardroom control.
  + stars: | 2022-11-23 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +11 min
Law firms including Olshan Frome Wolosky LLP and Schulte Roth & Zabel are go-tos for activist investors looking to change how companies do business. Kai Liekefett, who co-chairs Sidley's shareholder activism practice, last year successfully defended cloud company Box Inc. in a proxy fight by Starboard. Liekefett has also defended clients against major activist investors including Carl Icahn and Trian Partners. He has advised clients against major activist investors including Trian, Carl Icahn, Starboard Value and the billionaire Paul Singer. Lawrence Elbaum and Patrick Gadson, Vinson & ElkinsPatrick Gadson (L) and Lawrence Elbaum (R), co-heads of Vinson & Elkins' shareholder activism group.
☆ Stocks making the biggest moves midday: Disney, Meta Platforms, Lucid Motors, Roblox and more
  + stars: | 2022-11-09 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +4 min
Meta Platforms — The stock jumped 8% after the company announced it will lay off more than 11,000 employees. News Corp — Shares slid 5% after the company reported a slight miss on its fiscal first quarter earnings, compared to FactSet estimates. AMC Entertainment — Shares dropped 9.8% after the company reported another quarterly loss as operational costs increased. SeaWorld Entertainment — The stock fell 8% after the company reported weaker-than-expected earnings or $1.99 per share on revenue or $565 million. Roblox — Shares tumbled more than 15% after the company reported a bigger loss than expected for the third quarter.
☆ Top-ranked technology company Akamai has more than 380 open roles. Its senior director of talent offers tips on how candidates can stand out.
  + stars: | 2022-08-30 | by ( Rebecca Knight | ) www.businessinsider.com   time to read: +5 min
Akamai Technologies is a $15 billion internet-delivery, security, and cloud provider. Here, Akamai's senior director of talent shares what the firm is looking for in candidates. That's certainly the case at Akamai Technologies, a $15 billion internet-delivery, security, and cloud provider. "The war for talent has been intense, especially in the last few years," Deji Mabogunje, the senior director of global talent acquisition at Akamai, said. "We want to hear about your journey," Deji Mabogunje, the senior director of global talent acquisition, said.
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