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CFO’s Daily Roundup: June 16, 2015

A collection of CFO.com's articles and stories published on June 16, 2015
Kerry MarunaJune 16, 2015

Get informed with CFO’s articles and stories from June 16, 2015…

 

Cost of Currency Volatility Hits Record $31B

First-quarter negative impact numbers for North American and European corporations eclipse even the height of the euro crisis, survey says. >> Matthew Heller

 

Robust Spending on HR Systems to Continue

Investing in core technology is becoming the primary human resources service delivery priority, survey says. >> Matthew Heller

 

The Fed’s Interest-Rate Projections: Dotty

A chart intended to provide insight actually sows confusion. >> Economist Staff

 

Time to Consider Hedging Commodity Price Risks?

Given the continued negative impact of commodity price volatility on their results, companies are increasingly hedging to lower their costs. >> Talib Dhanji

 

Court Denies Damages for AIG’s Ex-CEO

While the federal goverment’s bailout treated AIG “undly harshly,” it also saved the company, said a Federal Court of Claims judge. >> Katie Kuehner-Hebert

 

Oil Glut May Last Until 2016

OPEC countries pumped oil at record monthly rates in May. >> Katie Kuehner-Hebert

 

Investors Are Less Interested in Short-Term Results Than You Think

They’re also more interested in qualitative information, relative to quantitative data, than is commonly assumed. >> David McCann

 

Gap Closing Stores, Potentially Laying Off Thousands

The company estimates roughly $300 million in annualized sales losses associated with the store closures. >> Katie Kuehner-Hebert

 

High-Yield Firms’ Cash Falls 9% to $281B

Speculative-grade companies spent an amount equal to four times their discretionary cash flow on dividends and buybacks in 2014, says Moody’s. >> Matthew Heller

 

Etsy Launches Pilot Crowdfunding Program

A lot of sellers on the online crafts marketplace see financing as a big hurdle to growth.

>> Matthew Heller

 

 

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