
Harley-Davidson: 'Rigorous search process' for next CEO ‘continues at pace'
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Business Wire
8 hours ago
- Business Wire
Jeff Shiner transitions to Executive Chair of the Board at 1Password; David Faugno continues as CEO and joins the Board of Directors
TORONTO--(BUSINESS WIRE)--1Password today announced that Jeff Shiner, after 13 years as CEO and most recently co-CEO, has been appointed Executive Chair of the Board of Directors. David Faugno will continue leading the company as CEO and has also been appointed to the Board of Directors. This planned transition marks the next chapter in the company's evolution. It reflects a natural progression as 1Password continues to scale its business, deepen its cybersecurity leadership, and deliver on its vision for seamless, secure access across every app, device, and identity with 1Password Extended Access Management. Shiner will remain closely involved with the company, focusing on long-term strategy and as the agentic AI board sponsor. About 1Password Trusted by over 165,000 businesses and millions of consumers, 1Password pioneered Extended Access Management, a new cybersecurity category built for the way people and AI agents work today. Our mission is to unleash productivity without compromising security. The 1Password Extended Access Management platform secures every sign-in, to every app, from every device, including the managed and unmanaged ones that legacy IAM, IGA, and MDM tools can't reach. Leading companies such as Asana, Associated Press, Aldo Group, Canva, IBM, MongoDB, MediaComm Communications, Octopus Energy, Slack, Salesforce, Stripe, Under Armour, and Wish rely on 1Password to close the Access-Trust Gap: the security risks posed by unfederated identities, unmanaged apps, devices, and AI agents accessing sensitive company data without proper governance controls. Learn more at
Yahoo
10 hours ago
- Yahoo
Lex Autolease reports loss amid market challenges
Lex Autolease, the car leasing company owned by Lloyds Bank, has reported a pre-tax loss of £10.6m ($14.2m) for 2024, marking a significant downturn from its previous profits. Headquartered in London, the business had posted pre-tax profits of £124.4m in 2023 and £544.2m in 2022. Despite the loss, Lex Autolease's revenue increased from £2.2bn in 2023 to £2.4bn in 2024. The board attributed the loss to increased depreciation charges on the growing fleet, reduced profits from vehicle disposals due to second-hand market conditions, and higher interest expenses amid rising interest rates. The company holds net assets of £182.1m as of 31 December 2024, down from £190m in 2023. Property, plant, and equipment increased to £5.73bn from £5.44bn, reflecting changes in fleet composition and vehicle costs. Lex Autolease's funding from within the Lloyds Bank Group resulted in borrowed funds of £5.84bn at the end of last year, up from £5.41bn in 2023. The directors noted that new business volumes decreased by 6%, influenced by high prices, residual value risk management, and economic pressures. The value of funded vehicles grew by 6% in 2024, driven by rising costs of new vehicles and a shift in consumer interest towards electric and hybrid vehicles. Lex Autolease maintained a 17% market share in deliveries for 2024. The company also scrapped its dividend to Lloyds Bank, having paid £439m in 2023 and £708m in 2022. Lex Autolease expects muted growth in new car and light commercial vehicle registrations this year due to the Zero Emission Vehicle mandate. Used car prices stabilised in 2024, particularly in the latter half, with expectations of continued stability into 2025. However, the rising supply of used battery-electric vehicles may exert downward pressure on this market segment, the group said, adding that while used vehicle prices stabilised, some volatility is anticipated as the industry transitions to electric vehicles. Earlier this year, Lex Autolease formed a partnership with motoring app Caura to allow its personal contract hire customers to manage all aspects of their vehicle needs. "Lex Autolease reports loss amid market challenges" was originally created and published by Motor Finance Online, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Yahoo
13 hours ago
- Yahoo
Johnson & Johnson Announces Quarterly Dividend for Third Quarter 2025
NEW BRUNSWICK, N.J., July 16, 2025--(BUSINESS WIRE)--Johnson & Johnson (NYSE: JNJ) today announced that its Board of Directors has declared a cash dividend for the third quarter of 2025 of $1.30 per share on the company's common stock. The dividend is payable on September 9, 2025 to shareholders of record at the close of business on August 26, 2025. The ex-dividend date is August 26, 2025. About Johnson & Johnson At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at View source version on Contacts Media: media-relations@ Investors: investor-relations@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data