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Lyft, 3M, Lululemon and more

CFO News Room

Paccar — Shares of Paccar rose 7% after the truck manufacturer reported fourth-quarter results, posting a profit of $2.64 An increasing number of e-commerce deliveries have boosted demand for trucks. 3M also reported lower earnings excluding items with a profit of $2.28 per share and $8.13 billion in revenue.

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This FP&A Factor will Cost US Businesses $7,800,000,000 in 2022

The Finance Weekly

A study by the University of Baltimore and Excel-based FP&A company, , DataRails , lays out the full economic costs of businesses sticking with manually prepared financial reports. billion is the first number that came out of the research and this represents the total amount of money lost by manual financial work.

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The Seven Samurai: How Big Tech Rescued the Market in 2023!

Musings on Markets

To put these numbers in perspective, the Mag Seven companies now have a market capitalization larger than that of all listed stocks in China, the second largest market in the world in market capitalization terms. trillion in market cap, and that 2023 represented a correction back to a level only slightly above the value at the end of 2021.

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Bold moves in global M&A might appear in 2023

Future CFO

While M&A value dropped dramatically in 2022, a loss of 36% in deal value, Bain’s report confirms that deal activity continues to be a central corporate strategy for growth and profitability. The largest drops came among deals for Technology and Healthcare & Life Sciences assets, the firm pointed out.

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Data Update 5 for 2023: The Earnings Test

Musings on Markets

During the course of the year, investors also rediscovered that the essence of business is not growing revenues or adding users, but making profits from that growth. In this post, I will focus on trend lines in profitability at companies in 2022, with the intent of addressing multiple questions.

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Tesla's Trillion Dollar Moment: A Valuation Revisit!

Musings on Markets

The automobile business has been in trouble for quite a while, struggling with anemic revenue growth in the aggregate, and abysmal profit margins, with even the very best in the group struggling to earn returns that match, let alone beat, their costs of capital.

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Do Our Roads Have to be Built by Government?

CFO News Room

LAW was led by a Civil War officer named Albert Augustus Pope, who happened to have gotten in on the fad for cycling in a big way—he manufactured bicycles. This in-kind “tax” was perfectly acceptable to the farming community and it was able to fend off LAW’s legislation for a number of years. And he’d sell more.