Get informed with CFO’s articles and stories…
SEC OKs Use of Twitter for Startup Fundraising
The commission continues to warm up to social media by allowing posts about stock or debt offerings in 140 or fewer characters. >> Matthew Heller
SEC Fines KKR $30M for Misallocating Expenses
The private equity firm breached its fiduciary duty to its funds by letting KKR executives and other co-investors off the hook. >> Matthew Heller
Towers Watson and Willis To Merge
The professional-services firm and insurance broker will join in an $18 billion deal creating a company with more than $7 billion in revenue.
From Algebra to Calculus: Financial Planning in the XaaS Economy
For cloud businesses, planning, budgeting, and forecasting are worlds apart from the norms at traditional enterprises. >> Hyoun Park and Scott Pezza
Finance Software Firm Adaptive Raises $75M
The cloud-based company says it’s growing more than 50% per year in recurring revenue bookings. >> Matthew Heller
Sony to Raise $3.6 Billion in Equity and Debt
The funds are part of a plan to achieve a return-on-equity ratio of 10% by 2018.
Puerto Rico’s Governor Calls for Debt Restructuring Under U.S. Bankruptcy Code
Gov. Padilla asks for changes to the code’s Chapter 9, which offers distressed municipalities, but not states or territories, protection from creditors.
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