CAB Payments CFO Departure Paves Way for Turnaround -- Market Talk

Dow Jones

2025/02/10

0831 GMT - CAB Payments will likely make a strategic pivot this year following the departure of senior leadership members, Shore Capital's analyst Vivek Raja says. CFO and executive director Richard Hallett stepped down on Monday, following the departure of other senior management in the past year. Shore Capital maintains its buy recommendation on the stock, expecting the London-listed fintech to return to a meaningful growth trajectory, Raja says. Shares are down 1.3% at 0.62 pounds. (cristina.gallardo@wsj.com)

(END) Dow Jones Newswires

February 10, 2025 03:31 ET (08:31 GMT)

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CFO and executive director Richard Hallett stepped down on Monday, following the departure of other senior management in the past year. Shore Capital maintains its buy recommendation on the stock, expecting the London-listed fintech to return to a meaningful growth trajectory, Raja says. Shares are down 1.3% at 0.62 pounds. (cristina.gallardo@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 10, 2025 03:31 ET (08:31 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2510833851","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2510833851","pubTimestamp":1739176260,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0831 GMT - CAB Payments will likely make a strategic pivot this year following the departure of senior leadership members, Shore Capital's analyst Vivek Raja says. 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Shore Capital maintains its buy recommendation on the stock, expecting the London-listed fintech to return to a meaningful growth trajectory, Raja says. Shares are down 1.3% at 0.62 pounds. (cristina.gallardo@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 10, 2025 03:31 ET (08:31 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"executive","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}