Business Planning Archives - Page 5 of 55 - CFO

How Foreign Direct Investment Can Drive Business Growth

How Foreign Direct Investment Can Drive Business Growth

The volatile and uncertain global environment makes foreign direct investment (FDI) an appealing growth strategy for CFOs.

By Erik R. Peterson and Paul A. Laudicina | April 26, 2017

Bebe Stores to Shut Down All of Its Locations

Bebe Stores to Shut Down All of Its Locations

A shift to online-only operations may be an option for the women's clothing chain, which has lost money for four straight years..

By Matthew Heller | April 21, 2017

IBM Shares Sink on Unexpected Revenue Drop

IBM Shares Sink on Unexpected Revenue Drop

Investors express their impatience with the pace of IBM's turnaround effort by sending its shares down nearly 5% to $161.84.

By Matthew Heller | April 19, 2017

MoneyGram Accepts Revised Offer From Ant

MoneyGram Accepts Revised Offer From Ant

Alibaba's financial services affiliate raised its bid to $1.2 billion, apparently beating out rival suitor Euronet.

By Matthew Heller | April 17, 2017

Supervalu Buys Unified to Expand Wholesaling

Supervalu Buys Unified to Expand Wholesaling

Unified Grocers gives Supervalu a significant West Coast presence as it continues its shift away from retailing.

By Matthew Heller | April 11, 2017

Kodak Decides Against Selling Prosper Business

Kodak Decides Against Selling Prosper Business

“While we had multiple offers, the range of consideration did not reflect the value of the business today,” CFO David Bullwinkle says.

By Matthew Heller | April 7, 2017

Unilever Revamps in Wake of Rejecting Kraft

Unilever Revamps in Wake of Rejecting Kraft

The company is buying back shares and taking other steps to placate investors after its rebuff of Kraft's $143 billion takeover bid.

By Matthew Heller | April 6, 2017

Sunoco to Sell Convenience Stores to 7-Eleven

Sunoco to Sell Convenience Stores to 7-Eleven

The $3.3 billion deal is "the beginning of an exciting evolution for Sunoco into a premier nationwide fuel supplier," the company's CEO says.

By Matthew Heller | April 6, 2017

Ralph Lauren Taking Steps to Save $140 Million

Ralph Lauren Taking Steps to Save $140 Million

“These are important actions we are taking to continue our evolution and deliver on the Way Forward commitments we made in June," CFO Jane Nielsen says.

By Matthew Heller | April 4, 2017

Amazon to Shut Down Quidsi’s Shopping Sites

Amazon to Shut Down Quidsi’s Shopping Sites

Diapers.com and five other sites will close, underscoring "a shift in Amazon's focus to groceries and other areas” since it acquired Quidsi in 2010.

By Matthew Heller | March 30, 2017

CFOs: Be the Heart of Data Integration

CFOs: Be the Heart of Data Integration

Recognizing the benefit that access to data can bring, finance chiefs must now address a host of new, related challenges.

By Tom Bogan | March 21, 2017

GoPro Shares Jump on News of More Job Cuts

GoPro Shares Jump on News of More Job Cuts

The wearable action-camera maker plans to eliminate 270 positions, the third reduction to its workforce since the beginning of 2016.

By Matthew Heller | March 16, 2017

Neiman Marcus Said to Be in Talks Over Sale

Neiman Marcus Said to Be in Talks Over Sale

Canada's Hudson's Bay Company is reportedly interested in buying the iconic retailer, which has been struggling with the shift to online shopping.

By Matthew Heller | March 14, 2017

Dick’s Sporting Goods to Drop 20% of Vendors

Dick’s Sporting Goods to Drop 20% of Vendors

The retailer is pursuing a new merchandising strategy to "stay ahead of consumer trends and differentiate us from the competition."

By Matthew Heller | March 9, 2017

Metric of the Month: Financial Shared Services Centers

Metric of the Month: Financial Shared Services Centers

Not only do the top-performing financial shared services centers process more invoices and receipts with fewer people, those people accomplish much more.

By Mary Driscoll | March 8, 2017