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Bed Bath & Beyond, Coinbase, Virgin Orbit and more

CFO News Room

The move came after its earnings call, in which leadership said the company had bigger losses than expected. Regeneron Pharmaceuticals — The stock was up 2.9%, a day after the shares dropped about 7.7% The cuts come after Coinbase laid off 18% of its workforce in June as crypto prices, and its stock, dwindled.

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983: The CFO as Architect of Value | Aaron Alt, CFO, Cardinal Health

CFO Thought Leader

In the world of finance, where leadership roles await those who distinguish themselves along a select number of familiar paths, Aaron Alt’s journey to becoming a CFO stands out for its breadth and depth, transcending conventional boundaries. We drive a lot of sales, more than $200 billion in revenue.

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Holding Onto Your Marketing Budget in a Downturn

CFO News Room

For example, a viewer may react positively to a highly creative television commercial and go online to make a purchase — but it’s likely that the “last click” will get the credit for driving the sale. Stand out by staying in. CMOs in sectors driven by valuable long-term relationships (e.g.,

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5 Excel-heavy Pain Points still Dragging down finance teams in 2024

The Finance Weekly

A finance director at a large niche pharmaceutical company told us: “We have a lot of manual processes and inputting and that type of stuff which I am trying to get away from. All involving Excel data manipulation. One company we spoke to–a $110M equipment leasing firm–has been looking for a way out of this Excel hell for three years.

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Finance Operations Pros face new Excel “game changer”

The Finance Weekly

Some 41% of finance teams have Issues identifying and correcting errors, 31% have problems finding and gathering necessary data, 24% have challenging questions on sources of data, 23% face challenges tracking multiple Excel versions, 20% have a bugbear of broken formulas, 19% are far from confident presenting this data to non-finance leadership.

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Links 1/22/2023 | naked capitalism

CFO News Room

loss in Q1 on opioid settlement but boosts sales outlook in 2023 Fierce Healthcare Pharmacists can start patients on road to recovery from opioid use disorder, study shows News from Brown The addiction crisis is causing a spike in endocarditis cases. Doesn’t mention that maybe outsourcing US drug manufacturing to China was a mistake.

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Cognitive/AI Business Spending Expected To See Strong Growth

PYMNTS

IDC is already seeing that organizations using these technologies to drive innovation are benefitting in terms of revenue, profit and overall leadership in their respective industries and segments.” percent CAGR).