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
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.
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