Wal-Mart headquarters cuts 450 employees claiming they want to focus primarily on e-commerce sales. JC Penney’s rids itself of pension plan liabilities by up to 35% through deal with Prudential. U.S. jobs in September rise by only 142k, leave Federal Reserve in doubt about interest-rate hike. And see which CFOs are on the move from last week. These stories and more right here in the CFO roundup…
Total IPOs priced on U.S. exchanges lagged in the third quarter, dropping 41% over the same period in 2014.
AAR, WestRock, CyrusOne, Aspen Technology, Instacart, Farmer Brothers, Spartan Motors, Alliant Insurance Services, Oregon Department of Energy
>> David McCann
The retailer has completed a lump-sum offer to retirees and will annuitize other obligations through a deal with Prudential.
The disappointing jobs report casts doubt on whether the Federal Reserve will proceed with an interest-rate hike this year.
Keeping the display-ad company’s technology engine purring is the key challenge for finance chief Benoît Fouilland.
Cyber thieves accessed information on 15 million consumers that T-Mobile provided Experian for credit checks.
The retailer says it is aligning home office staff with its priorities of growing e-commerce sales and improving the shopping experience at its stores.
A Delaware judge finds investors may sue Merrill for failing to disclose a potential conflict during Zale’s sale to Signet Jewelers.