Corporate Finance

Finance Roundup for Executives

Be informed, get involved, and shape the world through finance. Here's today's CFO roundup.
Kerry MarunaNovember 23, 2015

What’s Going on in Finance Today

 

The European Central Bank (ECB) may need to take additional stimulus steps as inflation hit only 0.1% in October, far lower than the bank’s 2% expectation. The ECB has options, which the bank will discuss come December. They include improving their quantitative easing program which injects money into the economy, resulting in a depression of interest rates. They also have the option of pushing their deposit rate further into negative territory. Find out what the ECB has to look forward to in the coming months with this article.

Jawbone, a wearable devices competitor of Apple and Fitbit, is closing its New York offices and laying off 60 employees. Jawbone has however increased focus on its R&D and marketing departments. They hope to streamline a more successful company, according to a Jawbone spokesman. See what’s next for Jawbone here.

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CFO.com offers the insights and information finance professionals won’t find anywhere else on the web. Enjoy today’s CFO roundup.

 

CFOs on the Move: Week Ending Nov. 20

Louis Berger, Manitowoc, Hertz Equipment Rental, Rogers, Pegasystems, Goodrich Petroleum, Adtran, Syntel, Quaker Chemical, Schweitzer Mauduit

Joan Urdang

 

Towers Watson, Willis Sweeten Merger Terms

To get Towers Watson shareholders to approve the deal, the companies raise the special cash dividend to $10 a share.

Matthew Heller

 

Why CFOs Need to Pay Attention to Blockchain Technology

The ‘blockchain’ allows for a scalable and secure ledger with unlimited account creation and programmable, trackable money.

Lamar Wilson

 

European Central Bank May Expand Stimulus

The bank could step up its $1 trillion bond buying program with inflation still stubbornly below its 2% target.

Katie Kuehner-Hebert

 

Jawbone Laying Off 15% of Workforce

The wearable devices maker has been facing stiff competition in a fitness tracker market dominated by Fitbit and Xiaomi.

Katie Kuehner-Hebert

 

House Passes ‘Audit The Fed’ Bill

The White House has threatened a veto of the FORM Act, saying it would compromise the Federal Reserve’s independence.

Katie Kuehner-Hebert

 

Novartis Settles Kickback Charges for $370M

The Swiss drug maker allegedly turned specialty pharmacies into a “biased sales force” for its medications.

Matthew Heller

 

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