Learn how James Alan Craig tweeted his way into a stock fraud case. According to the SEC, fake Twitter accounts were created by Craig to pose as two securities research firms. Tweets on both sides to manipulate the stock market was an act of fraud. The result was heavy financial losses for both companies. See how Craig did it and the repercussions below, or click here to get started.
Feeling overwhelmed or off balance by the amount of data you have to handle on a day-to-day basis? Get some advice on benchmarking activities and comparing results by approaching finance as a “data-driven” CFO. This article is a must read for all CFOs, get started now or click the link below.
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New Citibank offer of 0% APR for 21 months was added to their Citi Simplicity and Citi Diamond Preferred credit cards. This offer also includes no late fees and no annual fees among other benefits. Check out all the details in today’s finance win. Story provided by nextadvosor.com, click here to check it out.
Is the U.S. Federal Reserve Bank failing as the world’s central bank? It may be according to Mohammad El-Erian, Chair of President Obama’s Global Development Council. A “vacuum in leadership” is a gap that the U.S. can fill, yet hasn’t. The intertwining of global monitary policies makes it hard for countries to operate independently. Read the complete story provided by thestreet.com here.
But the Shared National Credits Review also found “improved compliance” with federal leveraged lending guidelines in the second half of this year.
99 Cents Only, Crocs, Zynga, Calabrio, Molson Coors, Huntington Ingalls, Bon-Ton, MoneyGram, Enable Midstream, Vaalco Energy
>> Joan Urdang
An infographic examining the impact that the proposed changes to lease accounting might have on those companies’ business decisions.
The quicker CFOs can uncover insights, the quicker they can make insight-driven decisions and take actions that can improve the company’s performance.
Economists and investors see the October jobs report as a green light for the Federal Reserve to raise interest rates next month.
Evolving customer behaviors require heightened cooperation among company functions.
>> David McCann
The state’s attorney general is looking into whether the company failed to disclose the risks that climate change could pose to its business.
U.S. authorities say James Craig caused more than $1.6 million in losses to investors by falsely tweeting that companies were under investigation.
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