What’s Going on in Finance Today…
Stimulus measures are called for from the Chinese government as China’s economic growth rate slows to 6.9% in third quarter. In the coming months China will implement a “burst” of stimulus measures, however according to the National Bureau of Statistics of China, this may not be enough. Get the details below, or click here.
Ferrari, car-maker or luxury-goods firm? According to their latest IPO, they are reaching for the latter. But are their profit margins enough to put them in the same category as Hermès and Prada? Find out below, or click here.
Financial news and stories can be found everyday, here, in the CFO roundup. Get your insights from top professional executives and help shape the world of finance.
Consumer Sentiment Rebounds in October
A closely watched index shows its first advance in four months as consumers also express optimism about their personal finances.
Applying Analytics to Real Estate Assets
Are your company’s real estate decisions benefiting or hurting productivity, profitability, and risk management?
Ferrari’s IPO: Wheel Spin-Off
An Italian supercar-maker fancies itself as a luxury-goods firm.
China’s Growth Rate Slows to 6.9% in Q3
The latest GDP reading is the worst in nearly seven years and increases pressure on Beijing to stimulate the economy.
Microsemi Offers $2.4B for PMC-Sierra
Amid a wave of mergers in the semiconductor industry, Microsemi is attempting to derail an earlier $2 billion bid by Skyworks Solutions.
Fed Bans Former Regions Bank Official
The rare move to ban Thomas Neely from working at a bank resolves charges that he misled bank examiners.
3 Banks to Pay 54% of $1.8B CDS Suit Settlement
JP Morgan Chase, Morgan Stanley, and Barclays are shouldering most of the cost of a deal that resolved investors’ allegations of CDS price fixing.
U.K. Email Security Firm to Go Public in U.S.
Mimecast’s IPO comes as businesses seek to secure their computer networks following a string of high-profile data breaches.
For the best financial insights from top companies be sure to check out the entire CFO Whitepaper Library, click here.
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