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Accounting and Finance Articles for CFOs

A collection of CFO.com articles and stories published on August 17, 2015.
Kerry MarunaAugust 18, 2015

CFO’s Daily Roundup of every article published on August 17, 2015…

 

Glencore Seen Taking More Debt-Cutting Steps

Analysts say the commodity supplier needs to cut net debt by almost half to $16 billion by the end of next year to retain its credit rating.

>> Matthew Heller

 

Tax Inversions: All My Bags Are Packed

Corporate America’s tax-driven exodus continues.

>> Economist Staff

 

Target Promotes Mulligan; Smith Returns to Fill CFO Spot

John Mulligan moves into the newly created chief operating officer position and will be replaced as CFO by Cathy R. Smith.

>> Katie Kuehner-Hebert

 

KKR’s Energy Play Planning Chapter 11 Filing

The downfall of Samson Resources will wipe out the $4.1 billion in cash that private-equity firms led by KKR invested in the oil and gas producer.

>> Katie Kuehner-Hebert

 

Citigroup Settles Fund Fraud Case for $180M

The SEC alleged two Citigroup affiliates duped investors by claiming that hedge funds were safe, low-risk, and “bond substitutes.”

>> Matthew Heller

 

Risk Governance Improving at Big Banks

Moody’s survey shows the largest global banks are beefing up their risk governance practices to comply with tougher international standards.

>> Katie Kuehner-Hebert

 

Kohl’s Loses Bid to Stop Exec From Taking New Job

A Wisconsin judge rules Kohl’s didn’t prove that Janet Schalk’s move to Hudson’s Bay posed a direct competitive threat.

>> Matthew Heller

 

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