Everything Finance in the Daily Roundup…
LinkedIn’s losses are mounting due its aggressive growth spurt, occurring both internally and through acquisitions.
Make spreadsheets look better with cell styles.
>> Bill Jelen
Oil Prices Slide To New Lows on ‘Bearish’ Data
With demand from China slowing and a supply glut continuing, prospects of a price rebound in the second half of 2015 have “evaporated.”
SEC Charges Canadian With Microcap Fraud
Philip Kueber allegedly hid his control of a company whose market value soared to more than $6 billion before regulators suspended trading.
Ex-Trader Gets 14 Years in Jail for Rigging Libor
A London judge gives Tom Hayes a stiffer-than-expected sentence to “to send a signal” to the banking industry.
NY Sanctions Bank Consultant Promontory
Two-year investigation finds that Promontory “exhibited a lack of independent judgment” in assessing allegations against a U.K.-based bank.
Store Sales Data Spark Sears Stock Slide
Sales at U.S. stores open at least a year fell 10.6% in the second quarter to date as Sears tries to execute its turnaround strategy.
CFO Daily Roundup of July 31, 2015
A collection of CFO.com articles and stories published on July 31, 2015
>> Kerry Maruna
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