Buzz

Accounting and Finance Articles for CFOs

A collection of CFO.com articles published on August 20, 2015.
Kerry MarunaAugust 21, 2015

Accounting and Finance news as well as executive business solutions all in the CFO roundup…

 

Sears’ Property Sales Prevent Q2 Loss

Revenues fell approximately $1.8 billion, to $6.2 billion, for the quarter ended August 1.

>> Katie Kuehner-Hebert

 

Home Sales Continue to Rise; Prices Dip Slightly

‘The creation of jobs added at a steady clip and the prospect of higher mortgage rates and home prices … is encouraging more households to buy.’

>> Katie Kuehner-Hebert

 

Most U.S. Firms Can’t Find Source of ‘Conflict Minerals’

A GAO report finds companies are struggling to get useful information from suppliers in response to the Dodd-Frank disclosure rule.

>> Matthew Heller

 

Smithfield Foods Promotes CFO to COO Spot

Finance chief Kenneth M. Sullivan will take charge of operations on Oct.1 and is being replaced by Glenn T. Nunziata, a former E&Y partner.

>> Katie Kuehner-Hebert

 

BNY Mellon, U.S. Bank Hit With Suits Over RMBS Losses

The FDIC sued the banks over their role as trustees of nearly $2.2 billion of securities purchased by failed financial institution Guaranty Bank.

>> Matthew Heller

 

Boston Bruins Launch Tax Fight Over Meal Expenses

The NHL team is challenging an IRS decision disallowing a 100% deduction of expenses for away-game meals.

>> Matthew Heller

 

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