Business
Kettle Cuisine taps former Kraft Heinz exec as CEO
LYNN, MASS. — Kettle Cuisine, a manufacturer of fresh prepared foods including refrigerated and frozen soups, broths, sauces, sides and entrees across retail and foodservice customers, has named Peter Hall as chief executive officer. Hall succeeds Liam McClennon, who recently retired from the CEO position after nearly 11 years with the company.
Hall comes to the company from Kraft Heinz, where he recently was president the North American Elevation Business Unit.
Hall spent nearly 11 years at Kraft Heinz, holding various leadership positions and overseeing such brands as Heinz, Kraft and Philadelphia.
“Peter is the right leader to guide Kettle Cuisine through its next phase of growth,” said Nik Thukral, president at L Catterton, an investor in Kettle. “Kettle has longstanding customer relationships, differentiated culinary and manufacturing expertise, and significant opportunity ahead. Peter brings the strategic perspective, consumer orientation, and strong commercial capability to capitalize on those advantages and build on the company’s established position. We are excited to partner with Peter and the Kettle team as they build on the company’s momentum.”
McClennon began his tenure as CEO in August 2015. Before joining Kettle Cuisine, McClennon was CEO at Greencore USA.
Business
Kazia reports clinical benefit in six breast cancer patients

Kazia reports clinical benefit in six breast cancer patients
Business
how to set, track and achieve goals across your organisation
Most organisations have no shortage of goal-setting activity. Objectives are discussed in appraisals, noted in HR systems and revisited – if at all – twelve months later.
What’s missing isn’t the intention to manage performance. It’s the infrastructure to do it consistently, visibly and in a way that connects individual goals to organisational outcomes. The employee performance management service from Staff Skills academy+ is built around exactly that infrastructure – giving managers and employees a shared space to set goals, track progress and identify the development needed to close the gap between where someone is and where they need to be.
Why goal-setting without tracking doesn’t work
Setting a goal is the easy part. The harder part is maintaining visibility of progress toward it over weeks and months – especially when day-to-day pressures consistently crowd out the longer-term development agenda.
The pattern most organisations fall into is familiar. Goals are set at the start of the year with genuine intent. They sit in a document, a spreadsheet or an HR system that nobody opens between formal review points. By the time the next review arrives, the goals are either forgotten, no longer relevant or so loosely defined that assessing progress against them is largely subjective.
This isn’t a motivation problem. It’s a visibility problem. When goals aren’t actively tracked – when neither the manager nor the employee has a clear, up-to-date picture of where things stand – progress stalls not because people don’t care but because there’s no structure keeping the goals alive between conversations.
An employee performance management service that provides continuous visibility of goal progress changes this dynamic. Goals become living documents rather than annual artefacts. Progress is visible to both manager and employee at any point. And the regular check-in conversation has a concrete foundation – actual progress data – rather than relying on memory and subjective impression.
Employee performance management system: connecting goals to development
One of the most significant limitations of traditional performance management approaches is the separation between performance conversations and learning and development activity. A manager identifies a capability gap in a review conversation. The employee agrees to work on it. And then nothing links that identified gap to any specific development activity or tracks whether the development has actually happened.
An employee performance management system that integrates with a learning platform closes this loop. When a capability gap is identified – whether through a formal review, a check-in conversation or a manager’s observation – a learning pathway can be assigned directly from within the performance management tool. The employee can see what development has been recommended and why. The manager can see whether the recommended learning has been completed and whether it’s having the intended effect on performance.
This integration between performance management and learning is where Staff Skills academy+ provides something genuinely distinctive. The Performance Hub connects directly with the Staff Skills academy+ LMS, meaning that the conversation about what someone needs to develop can immediately translate into assigned courses, tracked completion and visible progress – all within a single system.
Setting goals that are worth tracking
Not all goals are equally trackable and the quality of goal-setting has a direct effect on how useful performance management infrastructure can be. A goal that is vague, unmeasurable or disconnected from any observable outcome is difficult to track regardless of how good the system is.
The most useful goals share a set of characteristics. They are specific enough that both manager and employee have the same understanding of what success looks like. They have a timeframe that creates appropriate urgency without being arbitrary. They connect to something that matters – either to the individual’s development or to a business outcome the team is working toward. And they are achievable within the constraints of the employee’s current role and workload.
The Performance Hub supports structured goal-setting that builds these characteristics in from the start. Rather than free-text objectives that can mean different things to different people, goals are defined within a framework that prompts for the specifics that make tracking meaningful. This consistency also makes it possible to look across a team or a department and understand the pattern of goals being set – identifying where priorities are aligned and where gaps exist.
Employee performance management tool: making check-ins worth having
The check-in conversation – a regular, structured dialogue between manager and employee about performance, progress and development – is widely recognised as the most effective replacement for the once-yearly appraisal. But the quality of check-in conversations varies enormously depending on how well they’re supported.
An employee performance management tool that gives both manager and employee visibility of current goals, recent progress and outstanding development activity before the conversation starts changes the quality of the conversation itself. Rather than beginning from scratch each time – reconstructing context, recalling what was discussed previously and trying to remember what was agreed – both parties arrive with a shared picture of where things stand.
The Performance Hub supports this by maintaining a continuous record of goals, progress updates and development activity that both manager and employee can access and contribute to between formal conversations. Notes from previous check-ins are visible. Agreed actions are tracked. Development recommendations are linked to the goals they’re designed to support. The check-in becomes a focused, productive conversation rather than an administrative exercise.
Visibility across teams and departments
Individual goal-tracking is valuable. Visibility across a team, department or organisation is where performance management infrastructure delivers its most significant return for leaders and HR teams.
When performance data exists only in individual conversations and disconnected documents, it’s impossible for a line manager to see at a glance how their team is progressing against its goals. It’s impossible for an HR director to understand whether development activity is being driven by identified performance gaps or by ad hoc requests. And it’s impossible for senior leaders to connect the pattern of individual goals to the organisational priorities they’re meant to support.
The Performance Hub provides this visibility through reporting that aggregates individual goal and development data at team, department and organisational level. Managers can see who in their team has goals on track, who is falling behind and who hasn’t had a meaningful check-in recently. HR teams can see whether learning activity is being linked to performance goals or happening in isolation. And the data provides a foundation for conversations about resource allocation, development investment and organisational capability that previously had to rely on anecdote and impression.
Embedding performance management into how the business operates
The organisations that get the most from performance management infrastructure are those that treat it as an operational tool rather than an HR compliance mechanism. When goal-tracking and development planning are embedded into how managers and teams work day to day – rather than surfaced only at formal review points – they produce continuous improvement rather than periodic snapshots.
This requires performance management to be genuinely easy to use. If updating a goal or logging a check-in note requires navigating a complex system or completing extensive documentation, it won’t happen consistently. The Performance Hub is designed for the frequency of use that effective performance management actually requires – quick to update, easy to navigate and accessible from any device so that managers and employees can engage with it in the flow of their working day rather than only when they’re sitting at a desk.
It also requires performance management to be visibly connected to outcomes that people care about. Employees who can see how their goals connect to team priorities and how their development is being invested in are more likely to engage seriously with the process. Managers who can see the effect of good performance conversations on their team’s progress are more likely to prioritise them. The infrastructure supports the behaviour; the behaviour produces the outcomes.
Getting started with a performance management service
Implementing a performance management service doesn’t require a lengthy procurement process or a complex change management programme. The Performance Hub from Staff Skills academy+ is designed to be set up quickly and to deliver visible value from the first check-in conversations that use it.
The starting point is clarity about what you want the system to do. Which roles will use it? What types of goals will be tracked? How frequently will check-ins happen? How will performance management connect to the learning activity already happening through the LMS? These questions don’t require lengthy consultation to answer – they require the kind of practical decision-making that most HR teams and line managers are well-equipped to do.
Find out how the employee performance management service from Staff Skills academy+ can be set up for your organisation and what a structured approach to performance management could mean for your teams.
Business
Texas Capital cuts Lucky Strike Entertainment stock price target on weak Q4 results

Texas Capital cuts Lucky Strike Entertainment stock price target on weak Q4 results
Business
Nvidia Stock Gains Ahead of Earnings Report
Nvidia stock was edging up early Wednesday ahead of the chip maker’s quarterly earnings report after the market close.
Nvidia shares were up 0.3% at $213.58 in premarket trading. The stock rose 2.2% on Tuesday, snapping a seven-day losing streak.
“As much as expectations are high, the actual setup into earnings has created a manageable bar for a positive price reaction on decent enough numbers,” wrote Jefferies equity sales specialist William Beavington in a research note.
Business
IBM Stock Jumps Nearly 4 Percent to $239 as Investors Digest HRL Labs and Z Chip News
NEW YORK — International Business Machines shares rose sharply in Thursday morning trading, advancing about 3.9 percent to around $238.89 after the company completed a quantum-related acquisition and highlighted new mainframe processor plans.
The stock gained roughly $9 from Wednesday’s close of $229.87. Intraday quotes clustered in the mid-to-high $230s, with the session range running from the low $230s to just under $239. Volume was lighter than IBM’s longer-term average, suggesting a focused move rather than a broad market surge.
The immediate catalyst was IBM’s announcement on Aug. 26 that it had completed the acquisition of HRL Laboratories LLC. The company said the deal brings together complementary expertise in quantum computing, quantum sensing, advanced communications, electronics, manufacturing and materials science, with the aim of accelerating future innovation. HRL is a long-established research organization known for work spanning those fields.
The purchase follows other recent technical milestones. IBM said earlier in August that it had connected and cooled two modular cryogenic systems in a single environment, a step it described as progress toward larger, more reliable quantum machines. Management has separately outlined a multiyear quantum investment plan and longer-term targets for fault-tolerant systems.
Investors also continued to parse IBM’s unveiling of a next-generation dual-architecture processor for future IBM Z and LinuxONE systems. The chip is designed to support both IBM and Arm-based operating systems and applications. Commercial impact is expected to arrive over time rather than in the current quarter, but the announcement reinforced the company’s effort to keep its mainframe franchise relevant as enterprise software stacks evolve.
The rebound comes after a difficult stretch. IBM shares peaked near $332 in early June before sliding following second-quarter results. In that quarter, IBM reported revenue of $17.16 billion, up about 1 percent year over year, missing consensus estimates. Adjusted earnings were $2.93 per share, up 5 percent and in line with forecasts. Management pointed to delayed large, capital-expenditure-sensitive software transactions and weaker IBM Z revenue. Software annual recurring revenue reached $24.6 billion, up 8 percent, with Red Hat, data and hybrid-cloud lines remaining the brighter spots.
After the miss, IBM guided to constant-currency revenue growth of 4 percent to 5 percent for the full year, a reset from a more ambitious earlier outlook. The stock fell more than 25 percent in a single July session after those results, prompting at least one law firm to announce an investigation into potential securities-law issues tied to the decline and comments about faltering large deals. No findings from that process have been announced.
Since the July low, IBM has recovered a substantial portion of the drop. The shares remain well below the June high and are still down on the year, but they have outperformed in the weeks since earnings as investors focused on recurring software growth, free-cash-flow resilience and the pipeline of delayed deals that management said had begun to close in the third quarter.
Valuation metrics place IBM at a trailing price-to-earnings ratio near 20 and a forward multiple in the high teens, with a dividend of about $6.76 a share, or a yield near 2.8 percent at recent prices. The 52-week range runs from $199.19 to $332.46. Analyst consensus remains generally constructive, with average price targets clustered from the mid-$240s to the mid-$260s depending on the survey, and ratings typically in the buy or moderate-buy category.
The company’s strategy continues to rest on hybrid cloud and enterprise artificial intelligence rather than consumer-facing AI chips. IBM has promoted watsonx, Red Hat OpenShift and consulting services as a way for large organizations to run models across on-premises, private and public cloud environments. It has also signed infrastructure and inference partnerships intended to scale open-source AI workloads on IBM Cloud.
Mainframes remain both a strength and a source of volatility. Z systems generate high-margin software and services once installed, but hardware cycles can produce lumpy revenue. The weaker Z showing in the second quarter was a central reason for the earnings-day selloff. The new processor and dual-architecture roadmap are meant to extend that franchise, including compatibility with Arm-based software, but they will not change near-term results.
Quantum computing is a longer-dated option. Completing the HRL transaction and demonstrating multi-module cryogenic operation are incremental steps rather than immediate profit drivers. Investors have treated such news as supportive of IBM’s research credentials while still judging the stock primarily on software growth, consulting demand and cash generation.
Thursday’s advance put IBM closer to some Wall Street targets after weeks of chopping in the $228–$238 band. Whether the move holds will depend on third-quarter evidence that delayed software deals are closing, that Z demand is stabilizing and that hybrid-cloud bookings remain solid. Broader technology sentiment, including demand for AI infrastructure, will also influence the shares, even though IBM’s mix differs from pure-play chipmakers.
For now, the combination of a completed research acquisition, a new mainframe chip design and a bounce from recent lows has given IBM its strongest single-session gain in days. The stock still trades far below its early-summer peak, leaving room for debate over how much of the enterprise AI and quantum story is already reflected in the price.
Business
Li Auto: Competitive Destruction
Li Auto: Competitive Destruction
Business
JATT III Acquisition completes $69 million IPO on Nasdaq

JATT III Acquisition completes $69 million IPO on Nasdaq
Business
Gold Rangebound as Traders Await Jackson Hole
New York gold futures traded broadly flat at $4,686 a troy ounce in early trade.
Traders are waiting for U.S. Federal Reserve Chairman Kevin Warsh to speak at the Jackson Hole gathering on Friday.
The market wants to know how the Fed will respond to various inflation scenarios, ANZ analysts wrote.
Business
SK Hynix ADR Shares Climb Today as Nvidia Warns Global Memory Chip Shortages Could Persist Through 2028
SEOUL, South Korea — Shares of South Korean chipmaker SK Hynix climbed Thursday, with its Nasdaq-listed American depositary receipts rising 2.57% to $162.08, after Nvidia’s latest earnings report reaffirmed strong demand for artificial intelligence hardware while flagging memory chips as one of the industry’s biggest supply constraints.
The ADR gained $4.07 in Thursday’s trading session, extending a rally that began after Nvidia released its fiscal second-quarter results Wednesday evening. SK Hynix’s Korea-listed shares also surged during Thursday’s session in Seoul, where the stock is one of two chip heavyweights driving broader gains across the country’s benchmark index.
Nvidia’s memory warning becomes a tailwind
Nvidia reported fiscal second-quarter revenue of $96.22 billion, up 106% year over year, and guided toward $108 billion in third-quarter sales, according to Invezz. More significant for Korean chipmakers than the headline growth figures was Nvidia’s disclosure that memory chips have become one of its most pressing supply constraints, with the company warning that shortages of high-bandwidth memory and standard DRAM chips could persist through fiscal 2028.
That warning translated directly into a bullish read for SK Hynix and its main domestic rival, Samsung Electronics. Both companies rallied sharply in Seoul trading Thursday, with Samsung rising as much as 3.3% and SK Hynix gaining 5.5% on the local exchange, helping push South Korea’s benchmark KOSPI index back toward the 7,000 level for the first time in seven sessions, according to Invezz.
Why tight supply benefits memory makers
The logic driving investor enthusiasm is straightforward: if artificial intelligence accelerator demand continues climbing while the supply of DRAM and high-bandwidth memory chips needed to build those systems remains scarce, memory manufacturers like SK Hynix stand to benefit from both higher shipment volumes and greater pricing power. Analysts at Invezz described Nvidia’s memory shortage warning as “the cleanest read-through for Hynix,” noting that continued AI accelerator demand paired with constrained memory supply supports exactly the kind of volume growth and pricing leverage that defines SK Hynix’s business.
SK Hynix has positioned itself as the dominant supplier in the high-bandwidth memory market that feeds Nvidia’s most advanced AI processors. According to Counterpoint Research data cited by The Motley Fool, SK Hynix held a 58% share of the global HBM market in the first quarter of 2026, with demand for its products intense enough to push operating margins to 76% in a recent quarter.
A deepening partnership with Nvidia
Thursday’s rally builds on an already close relationship between SK Hynix and Nvidia. In late July, Nvidia and SK Hynix’s parent company, SK Group, announced a long-term AI infrastructure partnership valued at more than $500 billion, which included agreements for SK Hynix to supply and co-develop next-generation high-bandwidth memory specifically for Nvidia’s AI computing platforms, according to The Motley Fool. That deal provided SK Hynix with multi-year visibility into demand tied directly to the world’s leading AI chip designer, reducing its historical exposure to the boom-and-bust cycles that have traditionally characterized the memory chip industry.
SK Hynix has also been actively expanding its manufacturing footprint to meet the anticipated demand. The company recently disclosed plans to invest 21.6 trillion won, roughly $15.07 billion, in a new production facility in Yongin, South Korea, alongside a separate partnership with SanDisk to develop next-generation high-bandwidth flash memory technology.
A broader rally across memory stocks
SK Hynix’s gains this week are part of a wider rally across the memory chip sector. Shares of SanDisk and Micron Technology also jumped sharply in recent sessions, driven by the same combination of AI-fueled demand and constrained supply. SanDisk climbed 6% in one recent session while Micron gained 5%, with SK Hynix rallying alongside the group, according to Yahoo Finance.
A stock that still trades at a discount
Despite its strong performance, some analysts argue SK Hynix remains relatively inexpensive given its central role in the AI supply chain. The stock’s forward price-to-earnings ratio sits at roughly 8, based on consensus 2026 earnings estimates, according to Leverage Shares, a valuation that many analysts view as low relative to the company’s growth trajectory and market position. The average analyst price target tracked by Investing.com sits roughly 20% above recent trading levels, reflecting continued bullishness on the stock even after its substantial gains over the past year.
Not without risk
Analysts caution that SK Hynix’s fortunes remain closely tied to the broader AI capital expenditure cycle, meaning any slowdown in spending by major technology companies could quickly reverse the current dynamic. Invezz identified this as the key risk facing the stock: if AI capital spending slows faster than memory supply constraints ease, the pricing power currently benefiting SK Hynix could erode rapidly, alongside softening shipment volumes.
The stock has also shown volatility even on seemingly positive news in the past. Following the announcement of its $500 billion partnership with Nvidia and SK Group in July, SK Hynix shares initially sold off nearly 10% despite the long-term significance of the deal, according to StocksToTrade, before recovering as investors digested the multi-year demand visibility the agreement provided.
With Nvidia’s latest results reinforcing expectations of sustained AI infrastructure spending and continued memory scarcity, attention now turns to how SK Hynix’s own upcoming earnings reports will reflect that dynamic in concrete terms. Foreign investors, who had been net sellers in sessions leading up to Nvidia’s earnings, returned as buyers of Korean chip stocks Thursday, according to Seoul Economic Daily, a shift analysts described as reflecting renewed confidence in the medium- to long-term demand visibility now facing the country’s largest chipmakers heading into the Federal Reserve’s Jackson Hole symposium later this week.
Business
LiveOne at Q3 Investor Summit Group Virtual Conference 2026: buybacks, growth

LiveOne at Q3 Investor Summit Group Virtual Conference 2026: buybacks, growth
-
Fashion6 days agoWeekend Open Thread: Madewell – Corporette.com
-
Crypto World2 days agoSpaceX stock could rise 75% to $240, JPMorgan says
-
Business5 days agoMusk’s Tesla, SpaceX Confirm $16.8 Billion ‘Terafab’ Chip Plant as World’s Largest Building in Texas
-
Crypto World6 days agoanatomy of crypto’s biggest liquidation event since 2021
-
Crypto World3 days agoA $30 Billion AI Fund Implodes, Now the SEC Is Investigating Wall Street’s Role
-
Politics5 days ago6 months on, Irish renters crushed by effects of government housing bill
-
Crypto World2 days agoDid Trump Just Move SpaceX Stock With One Truth Social Post?
-
Business4 days agoMystery AI Model ‘Ox Alpha’ Draws Developers With Free Access as Chinese Lab Origins Remain Debated
-
NewsBeat5 days agoThe ‘Lucky Dip Gang’ causing carnage for clicks: After five thugs were killed speeding in the wrong direction on a motorway, GUY ADAMS investigates a sick new trend… and why police aren’t even allowed to pursue them
-
Business3 days agoModerna CEO warns China is pouring state money into mRNA technology
-
Business3 days agoNVIDIA Stock Drops Nearly 2 Percent to $210 on Seventh Losing Day Ahead of Critical AI Earnings
-
Crypto World6 days agoNvidia Stock Suffers Longest Losing Streak Since 2022: Will Q2 Earnings End It?
-
Business6 days agoUK firms in critical financial distress rise 9% to 53,756
-
Sports5 days agoDeshaun Watson fires back at Browns fans after being booed: ‘It’s a disrespectful thing’
-
Tech6 days agoUnitree’s New Superman Robot Claims to Outjump and Outrun Every Human, Usain Bolt Included
-
Crypto World4 days agoGoogle Gemini AI Predicts Ethereum Could Become the Trade Retail Misses in 2026
-
Tech6 days agoFaster chip in a familiar form factor
-
Crypto World7 days agoSEC Regulation Crypto vs CLARITY Act: which framework wins
-
Business6 days agoWill Tesla Stock Be Higher or Lower a Year From Now? Here’s What Wall Street Analysts Are Saying
-
Business4 days agoTesla Recalls Nearly 3 Million Cars in China Over Hidden Door Handles Linked to Multiple Deaths Amid New Ban

You must be logged in to post a comment Login