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CFOs On the Move: Week Ending August 12
Axon, Sonos, JCPenney, New Relic, Revlon, Luckin Coffee, HYCU, Skillshare, Brinks, Performance Food Group, Jane, Kirkland’s
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Lauren Muskett
| August 12, 2022
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Financial Performance
Pricey Pickups Power GM Earnings in Q4
Strong sales of high-margin pickups and small SUVs fueled an earnings beat for GM despite weak demand in China.
By
Matthew Heller
| February 6, 2019
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People
Tesla CFO Ahuja’s Retirement Stuns Wall St
Deepak Ahuja's departure overshadowed Tesla's Q4 results, with one analyst calling it a “significant loss of institutional knowledge.”
By
Matthew Heller
| January 31, 2019
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Strategy
Ford Profit Hit by Losses in Overseas Markets
“It was not a year we were happy with and the fourth quarter continued that theme," CFO Bob Shanks said.
By
Matthew Heller
| January 24, 2019
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Financial Performance
GM Price Hikes Drive Earnings Beat for Q3
The automaker raised vehicle prices in the U.S. to a record average of more than $36,000, offsetting declining sales volumes across every brand.
By
Matthew Heller
| October 31, 2018
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People
Tesla CAO Morton Quits After a Month on Job
Dave Morton's resignation "comes at a particularly precarious financial time" for the automaker.
By
Matthew Heller
| September 7, 2018
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Financial Performance
Tesla Shares Jump 16% Despite Record Loss
The automaker predicts it can produce 7,000 vehicles per week, which would enable it "to become sustainably profitable for the first time in our history."
By
Matthew Heller
| August 3, 2018
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Risk & Compliance
Ex-Tesla Worker Alleges Production Irregularities
Former technician Martin Tripp told the SEC that Tesla has put defective batteries in cars to meet production quotas.
By
Matthew Heller
| July 16, 2018
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People
GM Names Dhivya Suryadevara as New CFO
Suryadevara's appointment to replace Chuck Stevens puts GM in an elite group of companies that have a woman in both the CEO and CFO roles.
By
Matthew Heller
| June 13, 2018
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Financial Performance
GM Profit Takes Big Hit From Factory Downtime
The automaker has been retooling factories to prepare for the launch of new full-size pickups.
By
Matthew Heller
| April 27, 2018
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Technology
VW Charges up Spending on Electric Vehicles
The world’s largest automaker announces a $40 billion spending plan that will accelerate its shift away from combustion-engine vehicles.
By
Matthew Heller
| November 20, 2017
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Global Business
GM Profit Drops 42% But EPS Beats Estimates
“Strong results in North America and China, solid improvement in South America and continued growth of GM Financial drove another strong quarter."
By
Matthew Heller
| July 27, 2017
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