Equipment Financing Nosedives
New business volumes dropped substantially in July and are off 8% compared with 2015, says ELFA.
FedEx Beats Q4 Estimates But Lowers Guidance
The reduced forecast for 2017 reflects an increase in capital spending to $5.1 billion as FedEx tries to keep pace with ecommerce growth.
U.S. Durable Goods Orders Surge 3.4% in April
But orders for non-defense capital goods (excluding aircraft) fell 0.8%, said the Commerce Department.
Shell’s Q1 Profit Falls 58% But Beats Estimates
The profitability of the company's refining and integrated businesses helped offset a $1.4 billion loss in the energy production unit.
U.S. Productivity Weakness Continues in Q1
The recent declines in output may reflect "hangover effects from companies’ deep job and capital-spending cuts in the wake of the recession."
Presidential Election Weighing on Executives
A survey finds nearly two-thirds of executives say the race for the White House is a consideration in their business planning.
Reversing the Aging Process
When it comes to capital investment in plant, property, and equipment, age is more than just a state of mind.
Exxon to Cut 2016 Capital Spending by 25%
The cuts reflect the prolonged commodities slump but Exxon says it still has "the financial flexibility to pursue attractive opportunities."
Finance Roundup for Executives
Be informed, get involved, and shape the world through finance. Here's the CFO roundup.
CFO Daily Roundup of July 28, 2015
A collection of CFO.com articles and stories published on July 28, 2015.
Equipment Finance Relatively Healthy
The business of financing capital spending grew 6.7% last year, down from 9.3% in 2013.