Sentences with phrase «financial officer said»

Sajjan Kumar Kedia, chief financial officer said at a media interaction that the company is planning to make operating profit from current fiscal and break even in 2016 - 17 after setting aside all accumulated losses.

The company spent $ 4 million last quarter on legal costs, «virtually all of which» related to the bureau's case, Navient's chief financial officer said on its earnings conference call last month.

Amazon hinted at the increase earlier this year when its chief financial officer said the company was studying an increase of up to $ 40 a year.

«Retirement events recognize outstanding employee service and enhance employee campus morale,» SUNY's chief financial officer said in response to the audit's findings, also noting that, in some cases, such events raise more money than they cost to organize.

Shares in the company that also owns the Taco Bell brand fell 5 percent early on Wednesday, after its chief financial officer said lingering concerns at KFC UK would contribute to the current quarter likely being «the worst» of the year.

NEW YORK, April 24 (Reuters)- United Technologies Corp expects to meet its full - year target for engine deliveries to Airbus SE and is optimistic that suppliers can keep up with rising production, the company's chief financial officer said Tuesday.

Just two days after New York legislators passed first - in - the - nation gun law reforms in response to the Sandy Hook Elementary School shootings, the state's chief financial officer says pension fund investments in firearm companies have been frozen.

Chrysler plans to decrease its rental - car sales as a percentage of its overall 18 % U.S. fleet mix, as well as improve margins on some of its vehicle lines, the automaker's chief financial officer says during a conference call to discuss third - quarter financial results.

Not exact matches

May 1 - U.S. insurer MetLife Inc said on Tuesday John Hele retired as chief financial officer and will be succeeded by the company's treasurer John McCallion.

«We acknowledge that there are a lot of concerns about the uncertainty stemming from the new U.S. administration,» Han Chun - soo, Kia's chief financial officer, said during an earnings conference call.

May 1 (Reuters)- U.S. insurer MetLife Inc said on Tuesday John Hele retired as chief financial officer and will be succeeded by the company's treasurer John McCallion.

«It's a milestone and an accomplishment to be proud of,» says financial planner Marguerita M. Cheng, chief executive officer of wealth management firm Blue Ocean Global Wealth, based in Gaithersburg, Maryland.

May 1 - U.S. insurer MetLife Inc said on Tuesday John Hele has retired as chief financial officer and will be succeeded by the company's treasurer John McCallion.

The updated forecast assumes current aluminum prices will hold at these elevated levels, Chief Financial Officer Kenneth Giacobbe said on a post-earnings call with analysts.

P&G reduced its ad budgets, saving $ 750 million in agency and production costs, it said in January, and it is set to save a further $ 400 million «in the next phase», according to Chief Financial Officer Jon Moeller.

The company's Chief Financial Officer Colette Kress said on a conference call on Thursday that inventory levels for gaming GPUs were at historically low levels due to cryptocurrency miners.

«Our other outstanding CEOs, Mary Erdoes (50), Asset and Wealth Management, and Doug Petno (52), Commercial Bank, along with our Chief Financial Officer, Marianne Lake (48), took on expanded roles last year and have played progressively more significant roles partnering across the firm in helping manage the company,» Dimon said in a statement.

«There's much more paperwork required to substantiate everything,» she says, since running an S corp requires you to hold meetings, keep minutes, make resolutions, elect officers, and produce formal financial statements.

«We typically don't go into this level of detail but I think it's important this quarter to give you additional color, and maybe the two most important messages are that we believe iPhone revenue will grow double - digits as compared to last year during the March quarter and also and, importantly, that iPhone sell - through growth on a year - over-year basis will be actually accelerating during the March quarter as compared to the December,» chief financial officer Luca Maestri said.

When we started to have a chief financial officer, an operating person and a packaging person — people that had five to 15 years in the beauty business, I said to myself, I need to be collaborative because these people know a lot more than I do.

The low - interest - rate environment has allowed it to borrow to fund operations at levels that are about half the 10 percent interest rate the company paid for its financing more than a decade ago, says Clark Balderson, the company's chairman and chief financial officer.

At a Wells Fargo media and telecom conference on Wednesday morning, AT&T chief financial officer John Stephens said that closing the mega-deal for Time Warner «is now uncertain» even as he declined to elaborate on the company's ongoing discussions with the U.S. Department of Justice about securing regulatory approval for the transaction.

The two hedge funds» frustration with United's board stretches back to August 2015, when the airline's well - liked chief financial officer left to join PayPal Holdings, one of the sources said.

Carla Dearing, chief executive officer of financial - advice website SUM180, has some tips to quell that fear and become more efficient with your plastic: «Do not get a credit card while you're in college,» she says.

Reiterating mid-term goals that include a 6 percent margin excluding Opel for 2021 - compared with 7.3 percent last year - Chief Financial Officer Jean - Baptiste de Chatillon said the targets will be reviewed early next year and could be raised.

Although the company said it made no restatements beyond what had already been mentioned, the company stated more clearly that the «improper conduct» of its former Chief Financial Officer Howard Schiller and former Corporate Comptroller had led to the misstate results.

We delivered stronger financial results and met our net cost reduction target,» Sergio Ermotti, the group's chief executive officer, said in a statement.

«We are seeing in the short - term (specifically in the first quarter) some headwinds that will cause near - term sales to be below run rate consumption,» Chief Financial Officer Paulo Basilio said.

Verizon showed interest in Yahoo's core business as early as December, when Chief Financial Officer Fran Shammo said the company would «see if there is a strategic fit» for Yahoo's holdings, which include mail, news, sports and advertising technology.

• When I wrote about the proposed spinoff of my employer, Time Inc., from Time Warner (TWX), I said that former Time Inc. chief financial officer Howard Averill, who left to become CFO of Time Warner, had forfeited a $ 1.75 million payment that he would have gotten if the spinoff were completed.

However, there will be a five per cent increase the following quarter and another five per cent increase in the fourth quarter, said chief financial officer John Gossling.

Smith & Wesson's revenue forecast did not reflect any potential surge in demand caused by consumers worried about increased gun control, Chief Financial Officer Jeff Buchanan said on a conference call.

Michael Gupta, Twitter's chief financial officer, said the losses were related to stock - based compensation not accounted for until the IPO.

Google said its chief financial officer, Ruth Porat, will hold the same title for both Google and Alphabet.

«The reason why we went with the upper tier, especially the «M» tier, is we think we can learn an awful lot more with that clientele,» said Ian Smith, Chief Executive Officer of BMW Group Financial Services in the Americas, which is running the pilot.

Better yet for the company, advertising sales were a «strong contributor» to Amazon much bigger - than - expected profit in the first quarter, said Brian Olsofsky, Amazon's chief financial officer, on a conference call with investors on Thursday.

Says Mir Aamir, the company's chief financial and chief operating officer, the losses were related to stock - based compensation, a standard expense after an IPO.

Asked if Toshiba «s liabilities would exceed its assets, Chief Financial Officer Masayoshi Hirata said the company had not yet completed its estimation of the charge.

The downtime, including lost employee hours and sales, approached $ 150,000, says Fred Harding, Gillinder's chief financial officer.

«FanDuel has always sought to deliver the most unique and rewarding experiences or prizes to our users,» Andy Giancamilli, FanDuel chief financial officer, said in a statement.

Netflix chief financial officer David Wells said during an earnings call the robust numbers were due to the pricing plan increases, the upcoming slate and the fact Q4 was strong for the company in 2016.

«He's a guy who thinks at the highest levels — about government, about macroeconomic issues, about geopolitical issues and about what's happening in our industry,» says Colleen Johnston, TD's chief financial officer, adding, «Despite all he's achieved, he's also a guy who can put himself in other people's shoes and think like a normal person.»

The London, Ont., native doesn't talk much about his early days, but Robert Rosiello, a colleague of Pearson's from his time at McKinsey and Valeant's current chief financial officer, says getting hired straight out of college was an impressive feat.

Facebook chief financial officer David Wehner, on the company's earnings call, said usage would «fluctuate» based on market penetration.

Tiger Brand chief financial officer Noel Doyle said in an interview on Radio 702 that the company had hired international experts and was working «flat out» to find the source of the outbreak.

Zynga's chief financial officer, David Lee, will be leaving his role effective immediately, the company said.

«We experienced strong Medicare Advantage enrollment growth and solid performance across all segments in the first quarter, with early positive indicators of medical utilization allowing us to raise guidance for the year,» said Brian A. Kane, Chief Financial Officer.

But as the company's public struggles went on, vendors lost confidence, RadioShack's chief financial officer, Carlin Adrianopoli, said in a court statement on Thursday.

«This is really a natural evolution in the development of Difference Capital,» says Kneis, who previously served as chief financial officer and chief operating officer.

Johnson & Johnson Chief Financial Officer Dominic Caruso said the new law reduces some hurdles to allocating capital, but it won't shift the company's overall strategy.