CFOs On the Move: Week Ending October 22
Intel, Bausch Health Companies, Tailored Brands, Express, Adtalem Global Education, Genesco, BioDelivery Sciences, ChowNow, Charter Communications, Xenter
Intel Shares Plunge on Falling Margins, Increased Competition
"We're seeing increased competition in the second half of the year, but not different levels of competition than we thought.”
Apple Reportedly Shifting Away from Intel
The company is considering the use of in-house chips for its next generation of Mac computers.
U.S. Supreme Court Sides With ERISA Plaintiff
The ruling in a case against Intel could make it easier for retirement plan beneficiaries to sue administrators for investing plan funds imprudently.
Intel Buys Israeli Chipmaker Habana Labs for $2B
The acquisition is the company’s latest push into artificial intelligence.
Intel Buys Software Business Smart Edge
The tech giant is aiming to sell the software into equipment for 5G technology.
Qualcomm CFO Davis Moves to Rival Intel
After six years at Qualcomm, George Davis joins Intel at a time when "Wall Street is hoping for greater financial discipline at the chip giant."
Intel Misses Estimates on Weaker Cloud Sales
Intel's Q4 report “should be a huge, blaring warning to tech investors that the cloud boom could be coming to an end."
Controllers: Focus on Culture and Diversity Is Essential
Panelists at the CFRI conference set aside core accounting issues in favor of people-centric topics.