Take a few minutes to get caught up on financial news with the CFO Daily Roundup…
Disney Sets Quarterly Earnings Record of $2.5B
Revenue rose 5% to $13.1 billion, but that was below analysts’ estimates of $13.23 billion.
Businesses Willing to Pay Higher Taxes if Rules Are Clarified
If tax authorities were more transparent about acceptable tax planning, business leaders say they would be willing to pay more taxes.
Accounting Issues Mask a Seller’s True Value
Five accounting issues to be aware of when analyzing the financial reporting of a target company.
>> Alex Cook
CEO Pay Ratio Rule Rankles Both Sides of Heated Debate
The final rule for the Dodd-Frank-mandated disclosure disappoints its opponents and some proponents alike.
>> David McCann
Service Sector Activity Increases 1.6% in July
Latest data from Markit show a rebound from June’s five-month low but positive economic sentiment fell for the second month in a row.
Neiman Marcus IPO Signals Faith in Fashion
The iconic retailer believes growth in its market will be fueled by the growing affluence of luxury consumers in North America.
GE to Launch ‘Internet of Things’ Service
With Predix Cloud, GE is aiming to be the first to market with cloud computing services built especially for industrial jobs.
Tesla Reports Lower-Than-Expected Q2 Loss
Revenue increases 56% to $1.2 billion but Tesla’s reduced outlook for deliveries this year disappoints Wall Streeet.
CFO Daily Roundup of August 4, 2015
A collection of CFO.com articles and stories published on August 4, 2015.
>> Kerry Maruna