Continuing to drive growth in access, energy, coatings and refractory services
Kennesaw, Georgia, USA, April 04, 2022 (GLOBE NEWSWIRE) -- KENNESAW, Ga., April 4, 2022 – BrandSafway announced today the appointment of Gabriel McCabe to the position of president of its Industrial, Energy and Commercial Division, effective April 4, reporting to President and CEO Karl Fessenden. In this role, McCabe will continue to drive growth in access, energy, coatings and refractory services. He succeeds Dave Witsken, who is leaving BrandSafway to pursue new opportunities, after 17 years with the company. "Gabe’s breadth and depth of experience in building teams and capabilities make him an ideal leader to fill this role,” said Fessenden. “He will add incredible value, as we move into our next phase of growth at BrandSafway. Dave has been instrumental in the expansion of our business during his tenure, and on behalf of the BrandSafway leadership team, I wish him all the best.” McCabe joined BrandSafway in 2015 and was most recently president of its International Division and has held a number of leadership positions across the company. Prior to his tenure at BrandSafway, McCabe spent more than 20 years at General Electric (GE) in their power and oil & gas businesses. “I am excited to partner with our customers in the industrial, energy and commercial sectors to improve productivity and safety on every jobsite,” said McCabe. “With BrandSafway’s talented team and full range of solutions, I look forward to continuing to provide market-leading innovation to serve our customers.” McCabe holds a Master of Business Administration from Emory University and a bachelor’s degree in engineering from Ireland’s University of Limerick. About BrandSafway With a commitment to safety as its foremost value, BrandSafway provides the broadest range of solutions with the greatest depth of expertise to the industrial, commercial and infrastructure markets. Through a network of 360 strategic locations across 30 countries and more than 40,000 employees, BrandSafway delivers a full range of forming, shoring, scaffolding, work access and industrial service solutions. BrandSafway supports maintenance and refurbishment projects as well as new construction and expansion plans with unmatched service from expert local labor and management. Today’s BrandSafway is At Work For You® — leveraging innovation and economies of scale to increase safety and productivity, while remaining nimble and responsive. For more information about BrandSafway, visit www.brandsafway.com.
Stocks end sharply lower Friday, a day after hawkish comments by the head of the U.S. central bank, as investors also weigh some disappointing corporate earnings.
If you’re relatively new to investing, and you think 2022 has been a year from hell, imagine being in the stock market for over 40 years. That would’ve put you through the Great Financial Crisis in 2008-2009, the dot-com crash in 2000, the crash of 1987, and the savings and loan debacle of the 1980s — besides the pandemic bear.
Approaching mid-year, we can see a clear shape developing for the markets in 2022, one based on increased volatility. The economy as a whole is facing challenges, in the form of inflation, a Fed policy shift, and continuing ripple effects from Russia’s Ukraine war and lingering COVID outbreaks, and investors are looking for pathways through it all. One clear path is to find the beaten-down stocks with potential for near- to mid-term outperformance. These are equities that have underperformed rec
Twitter's fate may be hanging in the balance. No longer is the description "chief executive officer" or "chief financial officer" enough to indicate power, prestige and hierarchical standing. Elon Musk -- of course -- got the thing started last year when he officially changed his title at Tesla as well as that of the EV maker's chief financial officer.
The once-highflying group of Big Tech names has disappointed—or worse—this year, with one exception. Investors are awaiting Apple’s earnings this coming week with more trepidation than usual.
Also, the case for bonds and dividend stocks, plus how to take advantage of negative market sentiment.
The major indexes and leading stocks suffered serious losses yet again. Apple, Exxon headline an earnings flood.
Nio (NYSE: NIO) stock plunged this week and had fallen 12.4% in five days as of 2 p.m. ET Friday, according to data provided by S&P Global Market Intelligence. There weren't many updates from Nio this week, but the few that there were could have driven shares of the electric vehicle (EV) manufacturer higher, if not for concerning news from China. Nio shares took a deep dive last week after the company said it had suspended operations in China to adhere to the COVID-19 lockdown rules.
(Bloomberg) -- Shopify Inc. set out to win the affection of retail investors with a 10-for-1 stock split. The gambit appears to be too little, too late.Most Read from BloombergUkraine Latest: Zelenskiy Says Top U.S. Officials to Visit KyivUkraine Latest: UN Chief to Meet Zelenskiy, Putin Next WeekI Modeled For Abercrombie. Netflix’s ‘White Hot’ Doc Is AccurateDisney’s $578 Million Tax Break Left Untouched in DeSantis FeudSwitchblade Drone Maker in Direct Talks With Ukraine Over SalesA pop on the
Other streamers were hit hard, and PayPal and Facebook holding company Meta Platforms also had a bad week.
Stock-market downturns early in retirement often harm the durability of savings, but they can give retirees willing to do some research and steel their nerves an opportunity to juice longer-term returns
Irrational exuberance is alive and well on Wall Street, according to a valuation model proposed by former Federal Reserve Chairman Alan Greenspan. The story of how Greenspan came to use the phrase “irrational exuberance” is well-known and widely repeated: He first used it in a December 1996 speech, after listening to Yale University professor Robert Shiller give a lecture on the subject. Shiller reportedly based his comments on the Cyclically-Adjusted Price/Earnings ratio, or CAPE.
Following 4Q21’s debacle, Meta (FB) investors will be praying to the market gods there will be no repeat when the social media giant reports 1Q22 earnings after the close next Wednesday, April 27. Recall, the stock shed 26% following the Q4 calamity, erasing around $250 billion of value in a single session after the company warned Apple’s iOS privacy changes and rising competition would impact Q1 with revenue growth anticipated to slow down. It is exactly those twin aliments which have JMP’s And
Changing Square Inc.’s name to Block Inc. was apparently just a first move for Jack Dorsey. Block (SQ) disclosed to the Securities and Exchange Commission on Friday afternoon that Dorsey decided to change his title at the financial-technology company from chief executive, president and chairperson to “Block Head and Chairperson.” While he will no longer be labeled the CEO and president, there will be no change in his actual duties, the company told the SEC in a filing that noted bylaws had to be changed to allow for the lack of an official CEO.
Earnings season will welcome the big hitters next week, and hardly come any bigger than Microsoft (MSFT). The tech giant will report F3Q22’s (March quarter) financials after the close on Tuesday, April 26, with the stock sitting in unfamiliar territory; 18% into the red in 2022, and unable to counter the overall market and macro trends. However, that is not a concern for Deutsche Bank analyst Brad Zelnick, who stresses that you just can’t beat class, a trait Microsoft has in abundance. “With the
In this article, we discuss 10 tech stocks that analysts are increasing the price targets of. If you want to see some more tech stocks that were favored by market experts recently, click Analysts Are Increasing Prices Targets of These 5 Tech Stocks. The COVID-19 pandemic propelled the technology sector into overdrive, in terms of […]
The asset manager's flagship ARK Innovation ETF has slumped 43% this year, lagging far behind the S&P 500's 7.7% decline as the prospect of aggressive U.S. policy tightening hammered the fund's hyper-growth stocks. Over the week, ARK bought 100,642 shares of e-commerce firm Shopify Inc, 329,073 of Zoom, 739,082 of gaming site Roblox and 575,648 of streaming device maker Roku.
As a result, SoFi shares have tanked 68% in the past six months and are trading near the company's 52-week low. As long-term investors, it's our responsibility to determine if companies like SoFi will be profitable in the future. In SoFi's case, profitability appears very feasible -- the company is a participant in a multi-trillion dollar market and continues to report striking financials quarter after quarter.
Investors in steel giant Nucor (NYSE: NUE) had a great day on Thursday, with the stock exploding as much as 11% higher before succumbing to selling pressure on a red day for the markets, and ending with just a 3.7% gain. Indeed, with its 6.5% loss as of 11:50 a.m. ET this morning, Nucor stock has been dragged down below where it traded before reporting its earnings beat yesterday. Nucor beat earnings yesterday.
The dire warning Rivian's CEO gave could have long-term implications on the company's prospects.