CFO Journal News | Wall Street Journal

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  • Denmark’s Ørsted Plans to Bid on New U.S. Offshore-Wind Projects

    Danish energy company Ørsted is considering a bid for several U.S. offshore-wind projects and already has the required funding in place, the company’s finance chief said.

    CFO Journal News | Wall Street Journal
  • Dunkin’ Donuts Invests $100 Million in Brand Refresh

    Dunkin’ Donuts is putting cash in the hands of its franchise owners to equip stores to better serve customers accustomed to ordering on mobile devices.

    CFO Journal News | Wall Street Journal
  • U.K. Recruiter Hays Plans to Raise Capital Expenditures

    U.K. recruitment firm Hays is ramping up its capital expenditures to benefit from growth opportunities outside its home market, the company’s finance chief said.

    CFO Journal News | Wall Street Journal
  • Aston Martin to Drill Down on Debt, Capital Spending After IPO

    U.K. luxury car maker Aston Martin Holdings, which on Wednesday said it was considering an initial public offering, is working to reduce debt and capital expenditures, the company’s finance chief said.

    CFO Journal News | Wall Street Journal
  • HP Enterprise Names New Finance Chief

    Hewlett Packard Enterprise named Tarek Robbiati, the former chief financial officer of Sprint, as its new finance chief.

    CFO Journal News | Wall Street Journal
  • For Prosecutors, Homing In on CFOs Yields Clues to Corporate Secrets

    Prosecutors granting Allen Weisselberg immunity after he testified before a grand jury in the investigation on President Trump’s former lawyer, underscores the critical role accountants and CFOs play in criminal prosecutions.

    CFO Journal News | Wall Street Journal
  • Uber’s New CFO Brings IPO Know-How to the Bench

    Uber picked a CFO who is well-versed in the IPO process, stabilizing the executive team as it prepares for an initial offering.

    CFO Journal News | Wall Street Journal
  • A Tax Change Threatens to Hit Insurers When Most Vulnerable

    Some large U.S. insurance companies are seeking clarity from regulators on a tax provision that threatens to pinch their bottom line.

    CFO Journal News | Wall Street Journal
  • Hershey CFO Departs as Candy Maker Navigates Changing Consumer Tastes

    Hershey’s finance chief Patricia Little is leaving the candy maker at a time of rising costs and changing consumer tastes toward healthier snacks.

    CFO Journal News | Wall Street Journal
  • Planet Fitness Expands Even as Mall Vacancies Rise

    Planet Fitness is the rare mall tenant expanding its share of commercial real estate even as many retailers shrink their physical footprint as more commerce moves online.

    CFO Journal News | Wall Street Journal
  • Germany’s Merck Boosts Hedges Against Currency Gyrations

    German drugmaker Merck KGaA ramped up its currency hedging efforts in recent months as wild swings in exchange rates took a bite out of earnings.

    CFO Journal News | Wall Street Journal
  • Stop & Shop Owner Ahold Delhaize to Streamline U.S. E-Commerce Platforms

    Dutch grocer Ahold Delhaize is pruning back its e-commerce platforms in the U.S. and looking for partnerships in a bid to stabilize its position in the online groceries market, the company’s finance chief said.

    CFO Journal News | Wall Street Journal
  • Companies Warn Currency Swings Will Weigh on Earnings

    Multinational companies say billions of dollars in revenue and profit are at risk from recent currency fluctuations triggered by escalating tensions between the U.S. and its trading partners.

    CFO Journal News | Wall Street Journal
  • U.S. Executives Keep Hoarding Cash as Trade Tensions Unfold

    Executives at U.S. companies continued to accumulate cash in the second quarter, in a sign of wariness around escalating trade tensions, according to a new survey.

    CFO Journal News | Wall Street Journal
  • Facebook’s ‘Chief Buzzkill’ Strikes Again

    Finance chiefs are often the bearers of bad news during earnings calls, with share prices reaping the consequences. Facebook’s CFO Dave Wehner learned that lesson the hard way.

    CFO Journal News | Wall Street Journal
  • Finance Chiefs Say Too Much Data Is Making It Harder to Keep on Top of Risks

    Corporate finance chiefs say forming a cohesive and complete assessment of a company from proliferating data streams in an increasingly digital workplace has emerged as a top challenge.

    CFO Journal News | Wall Street Journal
  • Sprint Names New Finance Chief

    Sprint has named Andrew Davies, a veteran European telecommunications executive, as its new chief financial officer.

    CFO Journal News | Wall Street Journal
  • Delaying Payments to Suppliers Helps Companies Unlock Cash

    Stanley Black & Decker has spent the past 12 years convincing vendors to give it a little more time to pay its bills—an effort that lets the tool maker invest that cash into its operations.

    CFO Journal News | Wall Street Journal
  • International Paper CFO Glenn Landau Resigns as Timothy Nicholls Returns to Role

    International Paper said Chief Financial Officer Glenn Landau will depart the company for personal reasons effective immediately, and will be replaced by company veteran Timothy Nicholls, who returns to the post of CFO.

    CFO Journal News | Wall Street Journal
  • Executives Fear Trade Conflicts Could Dent Economic Growth

    Corporate finance leaders are worried that the good times won’t last as an increasingly cloudy long-term economic outlook plays out against the backdrop of trade spats and geopolitical risk.

    CFO Journal News | Wall Street Journal
  • New Accounting Rules Change How Some Companies Sell Goods, Services

    More than half of the S&P 500 companies disclosed some impact on their accounting policies since December, when new rules unified how companies account for revenues from sales and services.

    CFO Journal News | Wall Street Journal
  • Companies in Limbo as States Adjust Taxes to Federal Overhaul

    Case in point: Minnesota, where state lawmakers and the governor couldn’t agree on a bill that updates the state tax code to reflect the federal changes.

    CFO Journal News | Wall Street Journal
  • CVS Health Looks to Aetna for Its Next CFO

    Aetna’s current chief financial officer, Shawn Guertin, will become CFO of CVS, one of several planned executive changes.

    CFO Journal News | Wall Street Journal
  • Newell Brands Finance Chief Retiring at End of Year

    The chief financial officer of Newell Brands, Ralph Nicoletti, is retiring at the end of the year, the latest executive exit for the troubled consumer-goods conglomerate in recent months.

    CFO Journal News | Wall Street Journal
  • Companies Worry That Spending on GDPR May Not Be Over

    Companies are spending millions on their security infrastructure ahead of new European data-protection rules, but some worry that the law’s lack of clear technical guidelines may mean that these steps aren’t enough.

    CFO Journal News | Wall Street Journal

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