Corporate Finance

Finance Roundup for Executives

Be informed, get involved, and shape the world through finance.
Kerry MarunaMarch 15, 2016

Standout Stories

Health care… Savile in London is best known for producing some of the world’s finest bespoke suits. But tucked away in a quiet corner of the same street is a firm that gives tailored health advice through a smartphone app. Your.MD uses artificial intelligence to understand natural-language statements such as “I have a headache” and ask pertinent follow-up questions. The app typifies a new approach to mobile health (also known as m-health): it is intelligent, personalized. and gets cleverer as it gleans data from its users.

There are now around 165,000 health-related apps which run on one or other of the two main smartphone operating systems, Apple’s iOS and Google’s Android. PwC, a consulting firm, forecasts that by 2017 such apps will have been downloaded 1.7 billion times. However, the app economy is highly fragmented. Many providers are still small, and most apps are rarely, if ever, used. Read article.

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Headlines

 

SEC Faults Magnum Hunter’s Internal Controls

The oil company’s former CFO failed to identify staffing problems in its accounting department as a material weakness, the SEC says.

 

Listen: Cyber Threats and the Problem of Sharing

A new law lets the private sector and the government share data about cybersecurity risks, but are companies wiling to participate?

 

PAR Technology Fires CFO Over Use of Funds

The information tech company says Michael Bartusek made unauthorized investments totaling less than $900,000 after taking over as CFO in July.

 

Health Care: Things are Looking App

Mobile health apps are becoming more capable and potentially rather useful.

 

China’s Anbang Makes Rival Offer Starwood

The $12.8 billion, or $76-per-share, bid could potentially derail Starwood’s pending merger with Marriott, which is valued at $65.38 a share.

 

U.S. Consumers Expect 2.7% Rise in Inflation

The findings of a New York Fed survey reflect expectations of a sharp rebound in gasoline prices over the next year.

 

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