This CFO roundup has stories involving fraud, quarterly losses, lawsuits and Bob Evans. Bad luck and breakfast is what it sounds like, yet it all revolves around accounting and finance. Enjoy yesterday’s stories all in one place, the CFO daily roundup…

 

Bob Evans to Sell Lease Back Restaurants

An activist investor presses the restaurant company into a sale-leaseback transaction.

>> Matthew Heller

 

Private Sector Adds 190,000 Jobs in August

The job growth fell short of economists’ expectations but remains strong except in the energy industry.

>> Katie Kuehner-Hebert

 

Haggen Sues Over Supermarket Deal

The $1 billion suit intensifies a legal battle that has followed Haggen’s acquisition of 146 Albertsons stores.

>> Matthew Heller

 

Metric of the Month: Budget Iterations

The number of budget iterations affects budgeting, planning, and forecasting.

>> Mary C. Driscoll

 

Navistar Posts 12th Straight Quarterly Loss

The truck and engine maker also says the SEC may be close to bringing an enforcement action over a disclosure issue.

>> Katie Kuehner-Hebert

 

Banks Report Strong Second-Quarter Earnings

FDIC data show a 7.3% increase in aggregate net income, with 58.7% of insured institutions reporting year-over-year growth.

>> Katie Kuehner-Hebert

 

Failed Bank’s COO Gets 8 Years for TARP Fraud

Regulator says Ebrahim Shabudin was so “fixated” on protecting United Commercial Bank’s reputation that he hid millions of dollars in losses.

>> Matthew Heller

 

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