Corporate Finance

Finance Roundup for Executives

Be informed, get involved, and shape the world through finance.
Kerry MarunaDecember 22, 2015

What’s Going on in Finance from CFO

Oracle has agreed to settle charges that it misrepresented the effectiveness of security updates to Java Standard Edition by failing to notify consumers that the widely-used software could still be vulnerable to hackers.

The U.S. Federal Trade Commission said Oracle promised consumers its updates would make Java SE “safe and secure” when, in fact, they did not remove older versions of the software with security issues that hackers could use to gain access to consumers’ usernames and passwords for financial accounts. Read more.

Panasonic is getting into the U.S. food distribution business with the $1.5 billion acquisition of refrigeration firm Hussmann.

A Better Way to Do Ecommerce

A Better Way to Do Ecommerce

Learn how Precision Medical leveraged OneWorld to cut the cost of billing in half and added $2.5M in annual revenue.

The Osaka, Japan electronics maker said Monday it had struck a deal for more than 186.6 billion yen ($1.5 billion) to buy Hussmann from the majority owner, private equity firm Clayton, Dubilier & Rice, and industrial group Ingersoll Rand, which currently has a 36.7% stake. Read more.

 

Dell to Spin Off Security Division

The IPO for SecureWorks could help Dell close a $10 billion gap in the funding of its $67 billion acquisition of EMC.

Matthew Heller

 

7 Ways to Own Corporate Tax

Seven strategies from CFO to help ease the burden of corporate tax.

Kerry Maruna

 

CFO’s Most-Read Stories of 2015

Top issues, insights, and engaged topics of 2015.

Kerry Maruna

 

Roll-ups: Serial Thrillers

The agonies and ecstasies of firms that are addicted to doing takeovers.

Economist Staff

 

Three Currency Predictions for 2016

Volatility will no longer be the “new normal” but just the norm; it will be the “year of the yuan”; and FP&A teams will be pressed for insights.

Wolfgang Koester

 

Panasonic Buys Refrigeration Firm Hussmann

The Japanese electronics giant says the $1.5 billion deal will enable it to expand its refrigerated display case business in the U.S.

Katie Kuehner-Hebert

 

FTC Rejects Staples’ Offer on Office Depot Deal

Staples’ proposal to divest up to $1.25 billion of commercial contracts isn’t enough to ease the FTC’s concerns that the merger will stifle competition.

Katie Kuehner-Hebert

 

Toshiba to Post Record Net Loss, Cut Jobs

In the wake of an accounting scandal, Toshiba is restructuring to focus on semiconductors and nuclear energy.

Katie Kuehner-Hebert

 

Oracle Settles FTC Charges Over Java Security

The regulator alleged Oracle misled consumers into believing its updates addressed security issues that hackers could exploit.

Matthew Heller

 

Ban on Internet Access Tax Stalls in Senate

Some lawmakers want to pair the Internet Tax Freedom Act with a measure that would tax sales by online retailers.

Matthew Heller

 

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