The Latest Headlines from CFO
The net percentage of U.S. businesses that boosted their cash and short-term investment reserves jumped by 10 points during the fourth quarter of last year compared with the previous quarter, according to a prominent index of corporate cash holdings.
However, the net portion of companies expecting to stash cash during the first quarter of this year dove by nine points from the expectations recorded in last year’s third quarter, resulting in a -1 score, according to the Association for Financial Professionals’ Corporate Cash Indicators.
Read: “Treasurers Hoarded Cash in Fourth Quarter, Index Finds”
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It makes sense that companies like to “eat their own cooking” — as happens when a software firm, say, deploys its products within internal systems, or a furniture manufacturer outfits its offices with its own wares.
It’s no different for Ultimate Fighting Championship, the mixed martial arts promotion company.
Well, maybe it’s a little different at UFC.
Read: “CFO Fights Ex-Colleague — on Court, and in Court”
Tech Pros’ Average Pay Getting Close to $100K
Companies also paid more for entry-level talent in 2015.
CFO Fights Ex-Colleague — on Court, and in Court
A basketball brawl led a former UFC executive to sue the mixed martial arts promoter’s now-finance chief.
Middle Market Companies Grow 6.1% in Q4
While a survey shows a decline in the growth rate from a year ago, 2015 as a whole was “a very strong year” for the middle market.
Public Cloud Market to Grow 16.5% in 2016
The strong growth is being driven by the shift away from legacy IT as organizations pursue a digital business strategy.
Treasurers Hoarded Cash in Fourth Quarter, Index Finds
But more of them plan to dish out dollars this quarter, according to AFP’s Corporate Cash Indicators.
Apple Earnings Beat Estimates But iPhone Sales Lag
With the iPhone being the main driver of Apple’s growth, the sales slowdown raises concerns about the company’s future performance.
Airline CFOs Moderate Profit Expectations
A survey finds the outlook remains positive, but weakness in emerging market economies is weighing on airline finance execs.
U.S. Opens up Cuba to Export Financing
The lifting of restrictions on direct financing continues the Obama administration’s efforts to normalize trade with the island nation.
Find more finance in the CFO library.