Here’s What’s Going on in Finance Today…

 

Zero-based budgeting may be the wave of the future for some companies. In a special report CFO takes a look at building a better budget plan “from scratch” as opposed to using the previous year’s budget ups and downs as precursors for the following year. Get the details in the link to follow or get started by clicking here.

Two drug store giants combine as Walgreens Acquires Rite Aid for $9.4B. The outcome may lead to the negotiation of better prices from pharmaceutical companies. Although the deal flirts with antitrust laws, it will most likely be approved. Get the facts and details below or read right now by clicking here.

Stay Updated with the top news in finance with CFO.com. Here’s today’s roundup…

 

SEC Probing IBM Over Revenue Recognition

The investigation concerns the accounting treatment of certain transactions in the United Kingdom, Ireland, and the United States.

>> Matthew Heller

 

Wellness Programs: Tell Us What You Think

Where do you stand on the cost effectiveness and utility of workplace wellness programs?

>> CFO Staff

 

Special Report: Building Better Budgets

Conventional budgeting struggles to keep pace with a volatile world.

>> David M. Katz

 

Budgeting Your Way Through Exchange-Rate Volatility

Now is the time to implement a set planning and budgeting process that embraces, rather than ignores, uncertainty and volatility.

>> David Axson

 

The Annual Budget May Be Past Its Useful Life

Most companies don’t generate an adequate return on investment on their budgeting processes.

>> Greg V. Milano and John R. Cryan, Contributors

 

Starting From Scratch

After years of neglect, zero-based budgeting is back in vogue. What’s behind the resurgence?

>> David M. Katz

 

IBM Bets on Data Analytics With Weather Co. Deal

The acquisition of the digital assets of the Weather Channel’s parent company gives IBM’s Watson division access to a vast “big data” platform.

>> Katie Kuehner-Hebert

 

Twitter Stock Dives on Disappointing Q3

The “honeymoon is over” for new CEO Jack Dorsey after Twitter reports only four million new users and provides a weak fourth-quarter forecast.

>> Katie Kuehner-Hebert

 

Walgreens Buys Rite Aid for $9.4 Billion

The combination of two of the three largest U.S. drug store chains continues a wave of industry consolidation spurred by the Affordable Care Act.

>> Katie Kuehner-Hebert

 

Snyder’s-Lance Snaps up Snack Maker for $1.2B

The acquisition of Diamond Foods adds Kettle potato chips to Snyder’s-Lance’s brands and could help the company expand in Europe.

>> Matthew Heller

 

Fed Points Toward Rate Hike in December

After its latest policy meeting, the central bank downplays recent financial market turmoil and drops warnings of global economic fragility.

>> Matthew Heller

 

For more great financial insights from major companies be sure to check out the CFO Whitepaper library here.

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