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Euan MarshallL: "I have thoroughly enjoyed working with the extremely talented people at CMC over the last 11 years, and particularly my last 4 years as CFO"
What is the time frame for you to think someone has to stay to show his/her loyalty? He has already spent 11 years at the company!
British Gas owner Centrica fires up record £3bn profit
The owner of British Gas is poised to trigger fresh anger when it announces a record £3 billion annual profit thanks to soaring energy prices that have caused misery for consumers.
Britain’s biggest household energy supplier is already under fire after The Times revealed that it was forcibly installing prepayment meters in the homes of vulnerable customers struggling to pay energy bills, which are at a record high.
Centrica, the FTSE 100 group that owns British Gas, is expected to say on Thursday that it made adjusted operating profits of £3 billion in 2022 — the highest in its history. That would be more than three times higher than a year earlier and would outstrip its previous record of £2.7 billion, set in 2012.
RR awarded a $1b government contract.
https://www.defense.gov/News/Contracts/Contract/Article/3131635/messageid/2900/mailingid/28764396/source/email_2900/?serial=28764396.893&utm_term=28764396.893&utm_source=seeking_alpha&utm_campaign=rta-stock-news&utm_medium=email
I read almost entire email. In summary, S4 Capital grew too quickly and mediamonks could not keep track of their finances. There were a few issues but nothing serious. There is no financial scams that many experts were expecting!
Today and tomorrow the company will be able to clear up its books.
Holding and topping up... Dyor
but do we know why it dropped today?
I have to admit S4 and PwC have handled the case very poorly. There could be a more significant issue than just COVID delays. However, comparing the delay with Wirecard fraud in the Bloomberg article is ridiculous and feels like someone is trying to push the SP down intentionally.