Consolidated Communications Appoints Fred Graffam As New CFO

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Consolidated Communications Appoints Fred Graffam As New CFO

(RTTNews) - Consolidated Communications (CNSL) announced Tuesday the appointment of Fred Graffam as executive vice president and chief financial officer, effective Dec. 1, 2022. After a distinguished career of 36 years with the company, Steve Childers will transition from CFO to an advisory role until December 31, 2022 to ensure a smooth transition.

Graffam's experience spans 30 years and includes financial management, operational leadership and accounting expertise within the technology and telecom industries at both public and private companies.

Most recently, Graffam served as executive vice president and CFO at Monitronics International, dba Brinks Home Security, a leading home security and alarm monitoring company.

Prior to this, Graffam was senior vice president of finance, investor relations and corporate development at DigitalGlobe, Inc., a technology company.

Earlier in his career, among other roles, he was a senior vice president of the North America/Asia Pacific regions at Level 3 Communications and he served in various finance and operating capacities of increasing responsibility at Comcast.

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Consolidated Communications Urges Shareholders To Vote FOR Proposed Deal With Searchlight And BCI

Consolidated Communications Urges Shareholders To Vote FOR Proposed Deal With Searchlight And BCI

Consolidated Communications Holdings, Inc. (CNSL) announced Monday it has filed its definitive proxy statement. The Company has also filed a letter to shareholders in connection with its upcoming special meeting of shareholders urging shareholders to vote "FOR" the proposed acquisition of the Company by affiliates of Searchlight Capital Partners, L.P. and British Columbia Investment Management Corporation.
RTTNews | 410 dagar sedan
Chicago Business Barometer Increases But Still Indicates Contraction

Chicago Business Barometer Increases But Still Indicates Contraction

MNI Indicators released a report on Friday showing its reading on Chicago-area business activity increased in the month of January but continued to indicate contraction. The report said the Chicago business barometer rose to 39.5 in January from 36.9 in December, although a reading below 50 still indicates contraction. Economists had expected the index to climb to 40.0.
RTTNews | 6h 34minuter sedan
U.S. Consumer Price Growth Matches Estimates In December

U.S. Consumer Price Growth Matches Estimates In December

The Commerce Department released a closely watched report on Friday showing consumer prices in the U.S. increased in line with economist estimates in the month of December. The report said the personal consumption expenditures (PCE) price index rose by 0.3 percent in December after inching up by 0.1 percent in November. The increase matched expectations.
RTTNews | 6h 43minuter sedan
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note on Friday with investors reacting to the nation's GDP data, and treading cautiously ahead of the February 1 deadline for the imposition of trade duties on Canada.
RTTNews | 7h 51minuter sedan
Wall Street Looks Headed For Positive Start

Wall Street Looks Headed For Positive Start

Higher futures point to a firm start for U.S. stocks Friday morning, but data on the nation's personal consumption expenditure for the month of December holds the key for the market's trend.
RTTNews | 8h 23minuter sedan
Novartis Q4 Core EPS Beats Market, Hikes Dividend; Sees Growth In FY25; Stock Up

Novartis Q4 Core EPS Beats Market, Hikes Dividend; Sees Growth In FY25; Stock Up

Swiss drug-major Novartis AG reported Friday weak net earnings in its fourth quarter on the absence of prior year's significant gain related to Sandoz Group AG spin-off. However, earnings from continuing operations grew from last year, and core earnings beat market estimates along with top line. Further, the company issued positive outlook for fiscal 2025 and lifted its dividend.
RTTNews | 8h 41minuter sedan
France Inflation Rises To 5-Month High

France Inflation Rises To 5-Month High

French inflation accelerated to a five-month high in January largely on energy and manufactured product prices, provisional data from the statistical office INSEE showed Friday. Consumer prices registered an annual increase of 1.4 percent in January, following December's 1.3 percent rise.
RTTNews | 9h 42minuter sedan