Neptune Wellness Appoints Raymond Silcock As New CFO

RTTNews | 1037 days ago
Neptune Wellness Appoints Raymond Silcock As New CFO

(RTTNews) - Health and wellness company Neptune Wellness Solutions Inc. (NEPT, NEPT.TO) announced Tuesday the appointment of Raymond Silcock as Chief Financial Officer, effective July 25, 2022.

Silcock will succeed Randy Weaver, who has served as Interim Chief Financial Officer since September 2021.

Silcock, with more than 25 years of experience as CFO, will be based out of Neptune's Jupiter, Florida office. He previously served as Executive Vice President and Chief Financial Officer at Perrigo Plc, as well as CFO at Diamond Foods, The Great Atlantic and Pacific Tea Company, US Tobacco Inc., and Cott Corp., along with various positions at Campbell Soup Co.

read more
Neptune Wellness Q4 Loss Narrows

Neptune Wellness Q4 Loss Narrows

Neptune Wellness Solutions Inc. (NEPT, NEPT.TO) announced Friday that net loss for the fourth quarter narrowed to $36.2 million from $43.5 million in the prior-year quarter.
RTTNews | 1013 days ago
Energy, Materials Stocks Lift Canadian Market; BoC Holds Rates

Energy, Materials Stocks Lift Canadian Market; BoC Holds Rates

Canadian stocks are up in positive territory Wednesday morning, led by gains in energy, communications and materials sectors. Stocks from real estate and utilities sections are also doing well. Renewed worries about trade tensions weigh on sentiment, but higher commodity prices prompt investors to pick up resources stocks. Investors are also digesting the Bank of Canada's interest rate decision.
RTTNews | 58 minutes ago
U.S. Business Inventories Rise In Line With Estimates In February

U.S. Business Inventories Rise In Line With Estimates In February

A report released by the Commerce Department on Wednesday showed business inventories in the U.S. increased in line with economist estimates in the month of February. The Commerce Department said business inventories rose by 0.2 percent in February after climbing by 0.3 percent in January.
RTTNews | 1h 55min ago
U.S. Homebuilder Confidence Unexpectedly Inches Higher In April

U.S. Homebuilder Confidence Unexpectedly Inches Higher In April

The National Association of Home Builders released a report on Wednesday unexpectedly showing a slight improvement by U.S. homebuilder confidence in the month of April. The report said the NAHB/Wells Fargo Housing Market Index inched up to 40 in April after falling to 39 in March. Economists had expected the index to dip to 37.
RTTNews | 2h 6min ago
U.S. Industrial Production Falls 0.3% In March As Utilities Output Plummets

U.S. Industrial Production Falls 0.3% In March As Utilities Output Plummets

Reflecting a steep drop by utilities output, the Federal Reserve released a report on Wednesday showing U.S. industrial production decreased by slightly more than expected in the month of March. The Fed said industrial production fell by 0.3 percent in March after climbing by an upwardly revised 0.8 percent in February.
RTTNews | 2h 19min ago
Nvidia Sees $5.5 Bln Charge As US Restricts Chip Sales To China; Shares Down

Nvidia Sees $5.5 Bln Charge As US Restricts Chip Sales To China; Shares Down

Shares of Nvidia Corp. were losing around 6 percent in early morning trade on Wednesday on the Nasdaq, after the artificial intelligence chipmaker said that it would take $5.5 billion in charges after the U.S. government barred exports of its H20 AI chip to China, a key market.
RTTNews | 2h 31min ago
Bank Of Canada Leaves Interest Rates Unchanged Amid Tariff Uncertainty

Bank Of Canada Leaves Interest Rates Unchanged Amid Tariff Uncertainty

Following a series of interest rate cuts over the past several months, the Bank of Canada on Wednesday announced its widely expected decision to leave interest rates unchanged. The Bank of Canada said it decided to maintain its target for the overnight rate at 2.75 percent, with the Bank Rate at 3 percent and the deposit rate at 2.70 percent.
RTTNews | 2h 37min ago