Here’s What’s Going on in Finance Today…
Zero-based budgeting may be the wave of the future for some companies. In a special report CFO takes a look at building a better budget plan “from scratch” as opposed to using the previous year’s budget ups and downs as precursors for the following year. Get the details in the link to follow or get started by clicking here.
Two drug store giants combine as Walgreens Acquires Rite Aid for $9.4B. The outcome may lead to the negotiation of better prices from pharmaceutical companies. Although the deal flirts with antitrust laws, it will most likely be approved. Get the facts and details below or read right now by clicking here.
Stay Updated with the top news in finance with CFO.com. Here’s today’s roundup…
SEC Probing IBM Over Revenue Recognition
The investigation concerns the accounting treatment of certain transactions in the United Kingdom, Ireland, and the United States.
Wellness Programs: Tell Us What You Think
Where do you stand on the cost effectiveness and utility of workplace wellness programs?
>> CFO Staff
Special Report: Building Better Budgets
Conventional budgeting struggles to keep pace with a volatile world.
Budgeting Your Way Through Exchange-Rate Volatility
Now is the time to implement a set planning and budgeting process that embraces, rather than ignores, uncertainty and volatility.
>> David Axson
The Annual Budget May Be Past Its Useful Life
Most companies don’t generate an adequate return on investment on their budgeting processes.
>> Greg V. Milano and John R. Cryan, Contributors
Starting From Scratch
After years of neglect, zero-based budgeting is back in vogue. What’s behind the resurgence?
IBM Bets on Data Analytics With Weather Co. Deal
The acquisition of the digital assets of the Weather Channel’s parent company gives IBM’s Watson division access to a vast “big data” platform.
Twitter Stock Dives on Disappointing Q3
The “honeymoon is over” for new CEO Jack Dorsey after Twitter reports only four million new users and provides a weak fourth-quarter forecast.
Walgreens Buys Rite Aid for $9.4 Billion
The combination of two of the three largest U.S. drug store chains continues a wave of industry consolidation spurred by the Affordable Care Act.
Snyder’s-Lance Snaps up Snack Maker for $1.2B
The acquisition of Diamond Foods adds Kettle potato chips to Snyder’s-Lance’s brands and could help the company expand in Europe.
Fed Points Toward Rate Hike in December
After its latest policy meeting, the central bank downplays recent financial market turmoil and drops warnings of global economic fragility.
For more great financial insights from major companies be sure to check out the CFO Whitepaper library here.
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