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Fly News Breaks for October 6, 2015
GE
Oct 6, 2015 | 08:34 EDT
After Nelson Peltz's Trian announced a $2.5B stake in GE, Bernstein thinks that Trian's investment should comfort those who were worried that GE would look to make non-core acquisitions. The firm agrees with Trian that GE warrants a higher multiple, and it remains upbeat on the company's strategy and execution. Bernstein keeps a $32 price target and Outperform rating on the stock.
News For GE From the Last 2 Days
GE
Mar 18, 2024 | 16:12 EDT
dLocal (DLO) announced that Mark Ortiz has been appointed Chief Financial Officer. Ortiz will report directly to dLocal's CEO, Pedro Arnt, overseeing dLocal's accounting, financial planning and analysis, financial reporting internal audit, SEC reporting, tax, credit, risk, and treasury functions. Mark's appointment complements the already exceptional leadership team at dLocal. Mark joins dLocal during a period of rapid growth as it continues to deliver on its mission to unlock the power of emerging markets. He brings over 30 years of extensive international financial and operational management experience primarily within GE's (GE) umbrella companies. While at GE, Mark held senior positions in various financial areas, culminating in roles as Global FP&A Leader for GE Capital, CFO for the Industrial Finance & Energy Financial Services businesses, and Global Controller for GE Capital's Real Estate and Equipment Leasing and Lending platforms. During his professional career he lived and worked in over 20 markets, making him the ideal candidate to bolster dLocal's current emerging markets high-growth expansion strategy. "I am very impressed with the outstanding results that dLocal achieved in such a short period of time and really excited about the growth potential of the company." says Mark Ortiz, dLocal's newly appointed CFO. "I am honored to join dLocal as its next Chief Financial Officer and look forward to continuing to build this great company."