Constellation Research | June 23, 2020
A new report from Constellation Research finds that a more flexible staffing approach can reduce the failure rate of software projects from 70-plus percent to less than 10 percent, while also driving marked improvements in cost efficiency (30 percent) and project satisfaction (3.6X). The report states that distributed work could change the nature of enterprise IT and software development in the 2020s as profoundly as cloud computing did over the past two decades. The Constellation study is based on detailed data supplied by Gigster from 190 digital projects and 1,161 sprints, conducted in 2018 and 2019 across Gigster’s client base. Highlighting a rapid evolution in the future of work, it points out that dynamic project staffing is spreading across the enterprise, with 72 percent of all such projects happening in large enterprise and IT professional services firms, up from 52 per cent just two years earlier.
Franklin Templeton | August 10, 2020
Many investors seem to have misperceptions when it comes to Russia’s economy and the companies located there. Our Emerging Markets Equity Institutional Portfolio Manager Nicole Vettise explains how Russia’s economy offers investors a mix of old and new industries, and compelling areas of investment opportunity as a result. The double-headed eagle that features on Russia’s coat of arms is said to reflect its geographical position, facing both East and West. Maybe a more apt interpretation is Russia’s continued dominance in the old economy while thriving in the new.
Signify | August 10, 2020
Eindhoven, the Netherlands – Signify (Euronext: LIGHT), the world leader in lighting, today announced that it has repurchased 82,008 shares in the period August 3 to August 7, 2020. The shares were repurchased at an average price of EUR 26.41 per share and an aggregate amount of EUR 2.2 million. These repurchases were made as part of the company’s repurchase program, which was announced on July 30, 2020. Signify will use the shares to cover obligations arising from its long-term incentive performance share plan and other employee share plans. The total number of shares repurchased under this program to date is 259,008 shares for a total consideration of EUR 6.7 million.
NewCo Capital Group, LLC | January 17, 2022
NewCo Capital Group ("NewCo" or the "Company"), a leading provider of services, tools and capital to the SMB ecosystem that fosters growth for small-medium business across the United States, announced it completed paying special bonuses while increasing existing compensation packages to current employees all of whom are greatly appreciated and valued within the organization.
Over the last 18 months, no employees were asked to take temporary pay reductions as NewCo Capital Group understands that its employees and contractors are the core competencies that define the exceptionalism for which the organization is known. Unlike some of its lesser counterparts, at no time did NewCo need to furlough any employees during the pandemic. Furthermore, the organization believes that it had a responsibility to assist its employees during this difficult time. The Company believes that its action to pay special bonuses and increase compensation packages are consistent with the organization's values and culture.
The organization believes that it had a responsibility to assist its employees during this difficult time.
In December 2020, CNBC reported that a MagnifyMoney survey revealed that roughly 1 in 3 full-time workers experienced a pay cut due to the coronavirus pandemic. NewCo believes that not only did most companies not pay any special bonuses to their employees, some providers of capital unfortunately forced pay reductions of at least 10 percent on their already underpaid staff.
"We founded NewCo to promote a sustainable-funding solution for small business owners while providing greater opportunities for our employees and contractors alike. Newco's delivery on that promise is consistent with that mission and we're proud to be a citadel during these difficult times. Our values and corporate culture continues to guide us and NewCo will continue to deliver an exceptional product and retain its position and influence as a Preferred Merchant Cash Advance provider within the industry."
- Albert Gahfi, CEO of NewCo
About NewCo Capital Group, LLC
NewCo Capital Group is an Alternative Finance company specializing in MCA Bridge-Capital. As a Preferred Provider, the company is focused on fostering growth within the Small and Midsize Business (SMB) ecosystem. We are passionate about providing fast and easy access to capital for small businesses to help them grow, scale and create jobs. Our technology, proprietary methods and extensive experience is what differentiates us allowing us to maintain our competitive edge and continue to provide value to our Merchants and employees alike.