What is Going on in Finance?
The CFO roundup dives head first into the best news. If you need to get caught up or you’re trying to get ahead of the game, this is where you do it. Today’s roundup includes how Wendy’s finance chief is making a move to the CEO position, we discuss the downside risks of the IMF’s 2015 growth forecast and Skyworks, a semiconductor firm, buys PMC-Sierra. These stories and more in the CFO roundup…
Wendy’s CFO Penegor Tapped for CEO Spot
CEO Emil Brolick is retiring, and the restaurant company is conducting an external search for a new finance chief.
Largest Multinationals Avoiding $90B in U.S. Taxes
U.S.-based multinational corporations are allowed to play by a different set of rules, says a new study on corporate taxation.
Semiconductor Firm Skyworks Buys PMC-Sierra
The deal represents a 37% premium to the closing price of PMC’s stock on Monday.
Mortgage Servicer to Pay $1.5M Fine Over Ocwen Deals
The charges are the latest fallout from regulatory investigations of Ocwen Financial and affiliated companies.
IMF Cuts 2015 Growth Forecast to 3.1%
Downside risks include declining commodity prices, depreciating emerging market currencies, and increasing financial market volatility.
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