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.
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Antipodean Currencies Fall, Yen Gains Amid Risk-off Sentiment

Antipodean Currencies Fall, Yen Gains Amid Risk-off Sentiment

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday on increased risk-off sentiment, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets.
RTTNews | 1h 29minuter sedan
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash purchasing managers' survey results from the major euro area economies and business sentiment from Germany and France are due on Thursday, headlining a hectic day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes UK public sector finance data for April. The budget deficit is forecast to rise to GBP 18 billion from GBP 16.4 billion in March.
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Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
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NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
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Sensex, Nifty Tumble On US Fiscal Concerns

Sensex, Nifty Tumble On US Fiscal Concerns

Indian shares were sharply lower on Thursday after Wall Street saw one of its most brutal selling sessions overnight in over a month on concerns about deteriorating U.S. fiscal outlook.
RTTNews | 3h 15minuter sedan