This edition of the CFO Daily Roundup has all CFO articles from August 14, 2015…

 

 Ex-SAP Exec Accused of Panama Bribery

The executive arranged large discounts to a corporate partner ‘in order to generate a cash pot to bribe government officials and win business for SAP.’

>> Matthew Heller

 

StumbleUpon Planning to Lay Off 70% of Workers

The content curation platform failed to land additional funding.

>> Matthew Heller

 

CFOs on the Move: Week Ending August 13

Church & Dwight, Shutterstock, Republic Airways, FLIR Systems, Cepheid, Endurance International, American Axle, U.S. Concrete, Press Ganey, Electro Rent.

>> Joan Urdang

 

Auto Industry Boosts Manufacturing Output

Industrial production was up 0.6% in July but the manufacturing sector as a whole rose only 0.1%.

>> Katie Kuehner-Hebert

 

Goldman Sachs Gets $16B in Deposits From GE Capital

The acquisition of GE’s online banking unit gives Goldman a cheap source of funding as it becomes more of a universal bank.

>> Katie Kuehner-Hebert

 

Etsy Avoids Disclosure With Irish Tax Haven

The company’s Irish subsidiary no longer has to report basic financial data or the amount of tax it will pay.

>> Katie Kuehner-Hebert

 

FTC Tackles Meaning of ‘Unfair Competition’

For the first time, the agency outlines how it will use its unfairness powers under antitrust law but a GOP commissioner dissents.

>> Matthew Heller

 

Goldman Sells Last Physical Commodity Asset

The sale of a Colombian mining operation at a steep loss completes Goldman Sachs’ exit from the commodity business after nearly 35 years.

>> Matthew Heller

 

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