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Updated May 20, 2018 9:09 p.m. ET Denise Morrison was the biggest champion of Campbell Soup Co.’s CPB -12.37% yearslong push into fresh and refrigerated foods, telling investors earlier this year that management was urgently pressing to transform Campbell into a health-oriented snacking company. Ms. Morrison’s abrupt departure on Friday as U.S. soup sales and Campbell’s fresh-food business falter suggests that the strategy flopped. The company needs a new plan, analysts and industry executives say. Campbell could stay the course…
A part-time DJ is in line to seize the helm at Goldman Sachs — and he’s already got the bank’s executives playing musical chairs. David Solomon — who on top of holding the No. 2 spot at the Wall Street powerhouse does weekend music gigs under the stage name DJ D-Sol — is the driving force behind a surprise shakeup in the bank’s trading division, sources told The Post. That’s despite the fact that Solomon isn’t expected to succeed Lloyd…
Our IT solutions are a key part of why our customers are successful. We succeed and grow together! BOSTON, MA, May 21, 2018 /24-7PressRelease/ — iuvo Technologies is proud to be named one of Boston Business Journal’s 2018 50 Fastest-Growing Companies. This past Thursday, Boston Business Journal, unveiled their 2018 list of the 50 Fastest-Growing Private Companies in Massachusetts. The Fast 50 winners were selected and ranked based on a formula that counts fastest revenue growth from 2014 through 2017,…
The leader of the wedding registry and planning startup reveals who and what inspires her every day. Nina Zipkin // Staff Writer. Covers leadership, media, technology and culture. Entrepreneur Staff May 18, 2018 7 min read Editor’s Note: Inspire Me is a series in which entrepreneurs and leaders share what motivates them through good times and bad, while also sharing stories of how they overcame challenges in hopes of inspiring others. Shan-Lyn Ma wants to make one of the most…
After last week’s oil price peak, pressure will remain on import heavy economies. Investors will also be cautiously watching Italy, and whether plans from its anti-establishment parties will put it on a collision course with the EU. Ciara Lee reports. Source link
TOKYO & NEW DELHI–(BUSINESS WIRE)–NTT DATA Corporation (TOKYO:9613), a global IT solutions provider, and MapmyIndia, India’s leading digital mapping, navigation and location technology company, announced today that they have partnered to develop India’s first large-scale 3D map datasets, named AW3D India. The joint undertaking will deliver unrivaled digital-elevation datasets on a fast, cost-effective basis, combining NTT DATA’s expertise and international experience in mapping and 3D technologies with MapmyIndia’s two-plus decades of experience in mapping the Indian terrain. What is AW3D?…
FOR several years delegations have shuffled between Beijing and Rome in the hope of reaching an agreement over how to appoint Catholic bishops in China. Recent rumours suggest that a deal is closer than ever. But what are the roots of the disagreement between the Vatican and the Communist Party? How could both sides benefit from resolving it? Catholics in China are required to worship in closely watched, registered churches run by priests chosen by the party. The Vatican is…
Check out the companies making headlines before the bell: Walmart – The retailer will buy a 77 percent stake in India-based e-commerce company Flipkart for $16 billion, its largest-ever deal. Coty – The cosmetics company reported adjusted quarterly profit of 13 cents per share, a penny a share above estimates. Revenue also beat forecasts. Strong sales of luxury products helped to offset slightly weaker-than-expected consumer product results. Wolverine World Wide – The maker of shoe brands such as Hush Puppy,…
Mon, May 21, 2018 – 1:11 PM SINGAPORE stocks resumed trading higher on Monday afternoon, with the Straits Times Index advancing 30.54 points, or 0.9 per cent to 3,559.81. Gainers outnumbered losers 177 to 156, after about 716.8 million shares worth S$498.5 million changed hands. The most actively traded counters were Magnus Energy, which was flat at 0.1 Singapore cent, with 89 million shares traded; and Rich Capital Holdings which was flat at 1.1 Singapore cents with 42.5 million shares traded. …
The all-women crew of the Indian Navy on board the naval vessel INSV Tarini has reached within port limits of Goa. The INSV Tarini, with the first ever Indian female crew out to to navigate the world, was part of a historic circumnavigation exercise.
Defence Minister Nirmala Sitharaman will meet the crew when it arrives near Panaji, from where it had embarked on the journey on September 10 last year.
“The Defence Minister and Navy Chief…
Marc O’Brien, the former chief executive of Visa UK and Ireland, will be taking on the role of chief executive for the world’s first mobile cryptocurrency bank. O’Brien, who left Visa in 2014, will be leading crypto start-up Crypterium which is a mobile service that aims to simplify cryptocurrency transactions as many still struggle to understand the concept of blockchain technology. Through the service, users are issued digital debit cards that are bound to different cryptocurrency accounts which can then…
The annual Birmingham Post Corporate Pairs Challenge in association with Sheridan Maine took place at Blackwell Golf Club last Friday, with many companies from across the region competing for the prestigious trophy. With perfect weather conditions for golf the spirits were high and our winners, James Nursey and Russell Jones, were delighted to receive two Business Class flights to anywhere in their network courtesy of Qatar. The teams were all upbeat and confident during brunch and competed for a number…
Populist rhetoric from Ramaphosa ahead of the 2019 national election raises the fear that the credit ratings agency will lower its outlook on SA from stable to negative when it releases is new report on the country on May 25. The rand was trading at R12.78 to the dollar, R15.01 to the euro and R17.16 to the pound at 7am on Monday morning. Monday is a busy day on the JSE results front, with Barloworld, Pioneer Foods, Reinet and several…
TOP LOSERS TODAY: BSE 500
Private equity group Blackstone has warned investors that it faces a growing risk of significantly higher tax bills because of efforts by US states to end a lucrative tax break that Washington lobbyists have fought hard to preserve. A California proposal to levy state tax on carried interest — the share of investment profits that hedge fund and private equity managers are paid as an incentive to hit higher returns — faces its second key legislative hurdle this week. Under…
It was an ambitious plan: Donna Pirie offered to give away her £1.7m Aberdeenshire mansion in a competition, but she wanted to sell £3.75m worth of tickets to do so and give £1m to charity. In the end, she sold just 10,000 tickets at £25 each – totalling £250,000 – despite national newspaper coverage. The terms and conditions of the competition allowed her to delay the draw twice but she decided to keep her home and instead give away £188,000…