Bloomberg Archives - CFO

The London Stock Exchange Buys Refinitiv for $27B

The London Stock Exchange Buys Refinitiv for $27B

The deal helps the exchange become a global rival to Bloomberg.

By Lauren Muskett | August 1, 2019

Lexmark Cuts Jobs, Explores Alternatives

Lexmark Cuts Jobs, Explores Alternatives

Some positions are being moved to low-cost countries and Lexmark expects to generate about $67 million in savings in 2016 and more in subsequent years.

By Matthew Heller | February 23, 2016

Fortis Makes Big U.S. Utility Play With ITC Deal

Fortis Makes Big U.S. Utility Play With ITC Deal

Canada's largest utility owner buys a Midwest electricity transmission provider for $6.9 billion.

By Matthew Heller | February 9, 2016

Service Industries Offset Manufacturing Slump

Service Industries Offset Manufacturing Slump

A non-manufacturing benchmark shows service providers unexpectedly expanded in October at the second-fastest pace in a decade.

By Katie Kuehner-Hebert | November 4, 2015

Glencore Seen Taking More Debt-Cutting Steps

Glencore Seen Taking More Debt-Cutting Steps

Analysts say the commodity supplier needs to cut net debt by almost half to $16 billion by the end of next year to retain its credit rating.

By Matthew Heller | August 17, 2015

EU Favoring Broad Scope for Cyber Attack Rules

EU Favoring Broad Scope for Cyber Attack Rules

Euro bloc's executive body wants search engines and social networks to be covered by new disclosure regulations.

By Katie Kuehner-Hebert | June 5, 2015

For $100M in Option Trades, Timing Was Everything

Risk Management

For $100M in Option Trades, Timing Was Everything

In a split second on Monday, one of the largest trades ever in options tied to the CBOE volatility index took place.

By Matthew Heller | May 12, 2015

Fed: It’ll Be Different This Time

Fed: It’ll Be Different This Time

Federal officials say they intend to keep money "cheap for a long time to come," meaning interest rate increases will be slow and carefully considered.

By Katie Kuehner-Hebert | April 21, 2015

JPMorgan Pilots Trader Surveillance Plan

Human Resources

JPMorgan Pilots Trader Surveillance Plan

The JPMorgan plan will monitor employees to see if they have the potential to violate banking or securities laws.

By Katie Kuehner-Hebert | April 8, 2015

Morgan Stanley Selling Natural Gas Unit

Morgan Stanley Selling Natural Gas Unit

As regulators pressure banks to exit commodities businesses, Morgan Stanley sells a compressed natural gas unit just launched in 2014.

By Katie Kuehner-Hebert | March 30, 2015

SoFi Reportedly Seeking $3.5B Valuation

SoFi Reportedly Seeking $3.5B Valuation

Social Finance, already valued at $1.3 billion, may be the next big peer-to-peer lending IPO.

By Katie Kuehner-Hebert | March 9, 2015

Alibaba Turns to Bond Markets for $8B

Alibaba Turns to Bond Markets for $8B

The proceeds will be used to refinance existing debt facilities, the Chinese e-commerce giant said.

By Matthew Heller | November 13, 2014

Buybacks, Dividends Consume 95% of Earnings

Corporate Finance

Buybacks, Dividends Consume 95% of Earnings

The amount of profits dedicated to shareholder payouts is up 10 percentage points from the long-term average.

By Matthew Heller | October 6, 2014

Regulators Exclude Bank Debt from Loss-Absorbing Capital

Risk Management

Regulators Exclude Bank Debt from Loss-Absorbing Capital

The Financial Stability Board will propose forcing banks to subtract holdings of each other's debt when calculating their loss-absorbing capacity.

By Matthew Heller | September 26, 2014

What About Earnings Stripping?

What About Earnings Stripping?

The White House finally threw down the gauntlet on corporate tax inversions, yet it failed to address a key issue.

By Iris Dorbian | September 24, 2014