Corporate Finance

Finance and Accounting Roundup for Executives

Be informed, get involved, and shape the world through finance. And don't miss the finance fail of the day, here's the CFO roundup.
Kerry MarunaNovember 5, 2015

What’s Going on in Finance Today?

 

From Google to Tesla, CFO Jason Wheeler is making moves. The executive starts his journey on November 30, with a base salary of $500k, and an initial equity award of $15M over four years. Find out what Tesla has in store for Wheeler and the companies future in the link below, or get started here.

Rocky fourth quarter ahead for Groupon? After shares fall more than 30% the e-commerce company predicts Q4 sales which hit way below Wall Street expectations. The company may be looking at a takeover, according to TechCrunch. Scroll to leanr more or get the full story here.

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CFO.com has the top stories in finance with information from top executives in-the-know. Get your finance news with us, here’s your CFO roundup…

 

But first…The Finance Fail of the Day

Volkswagen announced Tuesday night that there may be another emissions irregularity crisis, this one to affect up to 800,000 vehicles. This news is brought to you buy Mike Bird of Business Insider, click here for the whole story.


 

BofA Sells Money-Market Fund Unit

The deal will give the buyer, asset manager BlackRock, a cash management business worth $372 billion.

>> Matthew Heller

 

Don’t Let Acquired Patents Sink the Ship

Uncertainty in the patents market means companies with substantial holdings of acquired patents will have to test the valuations of these intangible assets.

>> David Magee

 

Service Industries Offset Manufacturing Slump

A non-manufacturing benchmark shows service providers unexpectedly expanded in October at the second-fastest pace in a decade.

>> Katie Kuehner-Hebert

 

Finding the Right Talent for Projects: A Gift that Keeps on Giving

Here’s the best way to cut down on waste in the management of projects and programs.

>> Mark A. Langley

 

Groupon Drops 30% on Weak Q4 Guidance

The e-commerce marketplace also announces a CEO change as it continues to grapple with the decline of its core daily deals business.

>> Katie Kuehner-Hebert

 

Google Exec Wheeler Named Tesla CFO

Tesla CEO Elon Musk says Jason Wheeler is a “super smart guy” and a “great cultural fit” for the company.

>> Matthew Heller

 

LBOs Face Mounting Credit Risks, S&P Says

With debt burdens approaching the levels of the last LBO boom, the ratings agency warns there could be trouble for issuers.

>> Katie Kuehner-Hebert

 

Mobile-Ad Sales Power Strong Q3 for Facebook

The social media giant’s stock hits an all-time high as third-quarter earnings beat analysts’ expectations.

>> Matthew Heller

 

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