CFOs On the Move: Week Ending March 13
UPS, Ogilvy Health, Northland Power, Showtime Networks, Panhandle Oil and Gas, Udacity, Fidelity, Tellurian, KnowBe4, WalkMe, Stelco Holdings
UPS Hires PepsiCo’s Brian Newman as CFO
“It is clearly a pivot for [UPS] to bring in new blood and new talent at a crucial time for the company."
UPS’ Network Upgrade Costs Worry Investors
The company's Q4 earnings beat estimates but the expense of improving its delivery network may continue to weigh on margins.
There’s Nothing Not to Love About Amazon
Amazon is a revolutionary force, but it's a positive one for businesses and customers alike: veteran marketing exec.
UPS’ E-Commerce Investment Hurts Profit
Q1 revenue beat estimates but operating profit fell 2.4% as UPS spent heavily to accommodate e-commerce delivery with new facilities and services.
UPS Buys Coyote Logistics For $1.8 Billion
'This high-quality acquisition significantly increases UPS full-truckload scale,' said UPS's chief executive.
How to Halve Your Potential State Tax Burdens
If tax officials find that a business has “nexus” in a state, the penalties and interest they charge can easily double the tax the company otherwise owes.
Companies Still on Fence Over Health-Care Reform
Though lots of prep work looms for compliance with the Affordable Care Act, many companies are still unsure of the best approach to health-care reform.
CFOs Benefit from Shared-Services Shakeup
Global companies are moving away from a back-office approach to shared services, preferring instead to fashion them as providers of end-to-end process support for HR, marketing, IT and more.
Letting Go of Guidance
Is providing quarterly earnings guidance worth the effort? Many companies say no.
How Truck Overhauls Are Saving Staples, UPS Carbon and Cash
Large companies are turning to electric and hybrid trucks in a bid for big shipping efficiencies.