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CFO Daily Roundup of August 12, 2015

A collection of CFO.com articles and stories published on August 12, 2015.
Kerry MarunaAugust 13, 2015

All the financial reporting from yesterday can be found in today’s CFO Daily Roundup…

 

Hackers Accused in $100M Insider Trading Scheme

Hackers accessed the earnings announcements of more than 100 companies and traded on the information.

>> Matthew Heller

 

Warren Sees Danger in Wall Street Messaging Service

The Symphony messaging service is being pitched as a way for banks to reduce compliance and enforcement concerns, says Sen. Elizabeth Warren.

>> Matthew Heller

 

FIS Buys SunGard for $9.1 Billion

SunGard’s private-equity owners finally cash in on their long-held investment, one of the signature deals of the pre-recession buyout boom.

>> Katie Kuehner-Hebert

 

How to Get More Value from Mobile Service Workers

Fleetmatics’ CFO aims to build awareness of vehicle-tracking technology within a big accessible market.

>> David McCann

 

Oil Glut to Continue Through 2016

The International Energy Agency says a “rebalancing” between supply and demand is under way but it will be a lengthy process.

Katie Kuehner-Hebert

 

Alibaba’s Torrid Sales Growth Slows to 28%

The e-commerce giant had sales of $3.26 billion in the second quarter but the numbers suggest it is “coming back to Earth.”

>> Katie Kuehner-Hebert

 

GE Sheds Another Finance Asset in $9B Deal

The sale of GE’s healthcare lending unit to Capital One Financial brings its announced divestitures of finance assets to about $78 billion.

>> Matthew Heller

 

Macy’s Has ‘Tough’ Q2 As Sales Fall 2.6%

The retailer’s CFO says consumer spending gravitated away from apparel, home goods and other items that are core to its business.

>> Matthew Heller

 

CFO Daily Roundup of August 11, 2015

A collection of CFO.com articles and stories published on August 11, 2015.

>> Kerry Maruna

 

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