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FRP Corporate Finance completes pre-pack sale of Truphone

Accountancy Today

FRP Corporate Finance has advised on the pre-pack sale of Truphone Limited, a global mobile communications company, to TP Global Operations Limited, in a transaction that saves around 450 jobs. Following the sale Truphone’s new owners will focus on expanding the business’ compliance solutions as well as its eSIM technology.

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Block, PayPal, Carvana, Twilio and more

CFO News Room

PayPal reported earnings that surpassed profit and sales expectations. Twilio — Shares tumbled 16% after the cloud communications software maker issued a weaker-than-expected revenue forecast for the fourth quarter, despite an otherwise strong third-quarter report. PayPal — Shares declined more than 6%. Starbucks — Shares rose 2.3%

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Netflix, Snap, Warner Bros. Discovery, AT&T, Novavax and more

CFO News Room

Novavax — Shares of the drugmaker plummeted more than 27% after it proposed a sale of up to $125 million in common stock and a $125 million convertible debt offering. Discovery’s stock shed more than 7% after increasing its restructuring cost estimates by $1 billion. Warner Bros. Discovery – Warner Bros.

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Strategic cost reduction: Navigating turbulent times

CFO Talks

Long-term measures could involve implementing process improvements, adopting new technologies, or restructuring the organisation to optimise efficiency. Communicating cost reduction measures to stakeholders Effective communication is key when implementing cost reduction measures in a company.

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Why SVB receivership matters

CFO Share

What will happen to SVB in receivership Receivership is an orderly restructuring or liquidation of a company – in the case of SVB, the FDIC. Update your operating forecast to reflect cash frozen at SVB Pause all cash outflows if needed Make a restructuring plan but do not execute it yet.

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War for finance talent: 11% vacancy in finance & controlling

Future CFO

The survey — completed last December — collected responses from 50 CFOs from a variety of industries and countries while each of those their companies employ more than 1,000 workers and has 250 million euros in annual sales. But this is where organisations can gain en edge in combating the challenge, said Horváth.

Finance 52
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Manifesting Retail’s Week Of Revolution

PYMNTS

Pricing also depends on more intangible factors such as sales, operations and marketing. Online sales platforms lack dependencies for consumers, and that’s become crystal-clear this week. Supply depends on demand; demand depends on supply; supply depends on the supply chain. Pricing depends on supply and demand.