chief-financial

Panama raids Mossack Fonseca property, seizes shredded papers

Panamanian investigators on Friday raided a property used by Mossack Fonseca, the law firm at the center of a massive leak of offshore financial data, removing bags full of shredded documents as evidence, a local prosecutor said. “We have secured a large amount of evidence found in the location,” said organized crime investigator Javier Caraballo. In a statement, Mossack Fonseca said it had digitized all its documents and that the shredded papers taken from its premises were bound

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Panama raids Mossack Fonseca property, seizes shredded papers

chief-financial

Alphabet drops most in three years after first quarter but analysts upbeat

(Reuters) – Ruth Porat couldn't have been clearer: Alphabet Inc's chief financial officer said on Thursday that Google's parent needed to step up investment to boost traffic. Analysts agreed. The search giant&#

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Alphabet drops most in three years after first quarter but analysts upbeat

chief-financial

EBay’s disappointing forecast fuels stock decline

EBay Inc forecast weaker-than-expected revenue and profit for the current quarter and full year, as the e-commerce company struggles against a strong dollar while trying to revamp its core marketplace business. The online retailer, which faces intense competition from e-commerce giant Amazon.com Inc, has also been hit by brick-and-mortar rivals like Wal-Mart Stores Inc that are aggressively boosting their online presence. Under its new chief executive Devin Wenig,

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EBay’s disappointing forecast fuels stock decline

chief-financial

Takata prepares CEO exit over air bag safety scandal: sources

Takata Corp is preparing the ground for the exit of its chief executive, two people close to the Japanese air bag maker said, as pressure builds on a company reeling from the auto industry's biggest recall. Takata has been under fire for almost two years over defective air bags that can explode with excessive force and shoot shrapnel inside the car – a problem that has ballooned…

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Takata prepares CEO exit over air bag safety scandal: sources

chief-financial

Yum CFO to leave in February, amid China spinoff

LOS ANGELES (Reuters) – Yum Brands Inc Chief Financial Officer Patrick Grismer will resign effective Feb. 19, the parent of the KFC, Taco Bell and Pizza Hut restaurant brands said on Monday.

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Yum CFO to leave in February, amid China spinoff