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.
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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.
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TSX Closes At New Record High
The Canadian market closed modestly higher on Friday, lifted by gains in industrials and energy stocks. Positive reaction to the nation's retails data and the recent announcement of a mini stimulus package contributed to the upside.
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Swiss Stocks Close On Strong Note
Swiss stocks closed on a bright note on Friday, in line with markets across Europe, as weak manufacturing and services sector data from major European countries such as the U.K., Germany and France raised hopes that central banks will cut interest rates further to help revive growth.
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European Stocks Close On Firm Note On Optimism About More Interest Rate Cuts
European stocks closed on a firm note on Friday as some weak economic data raised expectations that the central banks will reduce interest rates further to boost growth.
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Canadian Market Modestly Higher In Cautious Trade
The Canadian market is modestly higher a little past noon on Friday with stocks turning in a mixed performance in cautious trade. Investors are digesting the latest economic data from Canada and the U.S., while continuing to follow the developments on the geopolitical front.
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Swiss Franc Declines Against Majors
The Swiss franc dropped against its major counterparts in the New York session on Friday.
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U.S. Consumer Sentiment Improves Less Than Previously Estimated In November
Consumer sentiment in the U.S. improved less than previously estimated in the month of November, according to revised data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index for November was downwardly revised to 71.8 from the preliminary reading of 73.0.
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Bay Street Seen Opening Higher
The Canadian market may open higher on Friday, with materials shares finding some support on firm metal prices. Investors will also be reacting to Canadian retails sales data and U.S. producer prices report.
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