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Proformative delivers a robust stream of Corporate Finance, Treasury and Accounting news.
Proformative keeps you in touch with all things of interest to the office of the CFO.
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Productivity Growth Has Fallen and Can't Get Up01/18/13 - Productivity growth across the globe is down for the second straight year, according to a recent report by The Conference Board. In 2012, productivity increased 1.8 percent, down from 2.3 percent in 2011 and 3.6 percent in 2010. The business and...Read more... |
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FASB Cracks Down on Repo Agreements01/18/13 - The Financial Accounting Standards Board (FASB) has announced a proposal to alter financial reporting standards related to repurchase agreements. The suggested changes are aimed at making it easier for investors to distinguish between repo...Read more... |
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Smaller Firms Creating Fewer Jobs, Says Citi Report01/16/13 - Small firms may be responsible for creating fewer finance jobs going forward than they have in the past, at least if the research conducted by economists working for major financial services firm Citigroup Inc. are true. 'Under pressure'...Read more... |
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Companies Take a Swing at Economic Curve Ball01/10/13 - Some say company leaders are pessimistic, others retort they're just playing it safe. In response to the fiscal cliff decision, economic forecasts calling for snail-paced growth and obscure predictions for European markets, global companies are...Read more... |
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Corporate earnings season sends stocks lower01/09/13 - U.S. stocks declined on January 8, as investors pushed these assets lower amid the beginning of the fourth-quarter earnings season. Falling stocks The benchmark Standard & Poor’s 500 Index finished the day 0.3 percent lower at 1,...Read more... |
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Bank of America Announces Settlements on Mortgages01/08/13 - On Monday, Bank of America agreed to pay the Federal National Mortgage Association (Fannie Mae) more than $10 billion in disputes over about eight years' worth of home loans. The Deal Under the terms of the agreement, Bank of America will pay...Read more... |
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Stocks Rise After December Jobs Report01/07/13 - Stocks appreciated on January 4, with the blue-chip S&P 500 Index surging to a five-year high after markets responded to the December jobs report released by the U.S. Department of Labor. Rising Stocks The benchmark S&P 500...Read more... |
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AMD Names New CFO01/04/13 - Major chipmaker AMD announced on January 2 that after a lengthy search process involving both external candidates and internal staff, it has named Devinder Kumar as senior vice president and CFO, according to a statement. Kumar Appointed CFO Kumar...Read more... |
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Mobile Device Predictions for 201301/04/13 - 2012 was a big year for mobile device technology. 2013 will likely see another jolt in the industry as consumers want to access and control more aspects of their personal and professional lives using smartphones. Growth Numbers In a recent survey...Read more... |
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Stocks Surge On First Trading Session Of 201301/03/13 - U.S. stocks spiked on January 2, 2013, which was the first trading day of the year. Surging Stocks The benchmark S&P 500 Index surged during trading, closing up 2.5 percent. In addition, the tech-heavy Nasdaq spiked 3.1 percent. The Dow...Read more... |
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The Eurozone Crisis and Investor Confidence01/02/13 - As Greece, Spain and Ireland have received modestly positive grades from investors in the past couple of months, analysts have determined the eurozone is seeing fragile stability. In October, Standard & Poor's raised Greece's rating to...Read more... |
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Wrapping up Year-End Charitable Donations01/01/13 - As the year is coming to a close, many individuals and households are taking advantage of their last opportunity in 2012 to donate to charities, either out of the goodness of their hearts or to reap the benefits of tax breaks. While giving tends to...Read more... |
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Optimizing Social Media Activity in 201301/01/13 - As 2012 comes to an end, many accounting professionals should consider whether they will incorporate their social media activity into their New Year's resolutions. Social networks are playing a continuously larger role in professional...Read more... |
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Fiscal Cliff Negotiations Continue Through Midnight01/01/13 - Just hours before we are set to go over the fiscal cliff, Washington has revealed a new plan for avoiding what could be one of the largest financial losses in U.S. history. At 1:30 p.m. on December 31, President Barack Obama announced that House...Read more... |
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Stocks Drop During Last Week in December Amid Fiscal Cliff Concerns12/31/12 - U.S. stocks declined on December 28, causing these equities to register a loss during the week ending on that day, as market sentiment was roiled by concerns about the looming fiscal cliff. Falling Stocks Equity declines were observed in...Read more... |
