Nestle Nabs CFO from Wal-Mart Ranks
Asian marketing and e-commerce expert and former CFO of Wal-Mart International, Wan Ling Martello trades Arkansas for Switzerland to succeed Jim Singh at the food giant.read more
View ArticleReading the Lips of Europe’s Leaders
JONATHAN WEIL: This “Euro-to-English Dictionary” boosts understanding of the debt crisis. Sample definition: Coordinated means chaotic.read more
View ArticleRare-Earth Solution? Toyota, GE Find Alternatives
As those firms and others scale back usage in electric cars, turbines and oil refining, cerium and lanthanum prices halved, with more elements falling, too.read more
View ArticleWhat Nestle’s Martello Pick Says About the CFO Role
The Wal-Mart global marketing expert may be the perfect choice for the Swiss food giant – and for showcasing a new theory of finance evolution.read more
View Article‘Armageddon’ Scenarios Plague Bond Issuance
Corporate offerings around the world suffer Q3 plunge to lowest levels since 2008, as only safest securities do well amid global turmoil.read more
View ArticleSilver Lake, Alibaba Group Mulling Yahoo Bid
Group that's looking at a joint offer includes Russia’s Digital Sky Technologies, sources are saying, sending Yahoo shares up.read more
View ArticleWhen a Bank's Passing Grade Spells Doom
JONATHAN WEIL: Through "risk-weighting," the financial-strength ranking the European Banking Authority gave Dexia SA was a puzzling and dangerous charade.read more
View ArticleWhirlpool Slashing 5,000-Plus Jobs
The largest appliance-maker also lowers earnings sights, as global demand slides and costs climb.read more
View ArticleYum Brands’ Little Sheep Deal Is Hot in China
Betting is that KFC purchase of hot-pot operation will win anti-monopoly ruling there, leading to a 69% gain at Yum, Bloomberg figures.read more
View ArticleBehind Corzine’s MF Global Bankruptcy Filing
Bad bets on European debt finally do in the broker-dealer run by the former N.J. governor, and Goldman co-chairman.read more
View ArticleIRS Asks, Credit Suisse Discloses U.S. Client Data
Swiss tax authorities will get confidential material, and will decide whether to pass it on.read more
View ArticleAs CFO Cites Woes, GM Paring Its Profit Target
Stock price slides 8% on cut forecast, with Europe problems most on Dan Ammann’s mind.read more
View ArticleFor Finance Scandal Buffs, It’s Grand Times
JONATHAN WEIL: But for auditors, or lovers of honest reporting, the Olympus disaster is latest in a series of dangerous black marks.read more
View ArticleIndia's Atomic Liability Cap Woos New Plants
Planning $175b in power facilities, India encourages GE and Westinghouse by capping liability in even of accidents.read more
View ArticleA 14000 Dow Depends on U.S. Backing Europe
Doing its part to support a resolution of the debt crisis abroad is key to corporate progress at home, market strategists say.read more
View ArticleStudent With 0.0 Grade Average Has EU Insight
JONATHAN WEIL: For wisdom on the crisis today, we turn to the film “Animal House.” Take that, Dean Wormer!read more
View ArticleStreet Beat: Economy Weighs on Tech
Storage software provides a bright spot. But global worries dampen tech, along with everything else, in preparation for Friday trading.read more
View ArticleNegotiating Isolation, UK Wishes Euro Bloc Well
But it won't be part of the deal being struck, as PM Cameron, pressured by his Conservative Party, breaks ranks with France, Germany on budget-rule tightening.read more
View ArticleWhat About that Secret Spy Drone?
Iran’s revelation of a downed unmanned craft gets no official comment, but clearly has U.S. assessing tech losses. read more
View ArticleHoneywell CFO Sees Profit Strategy ‘Paying Off’
David Anderson tells analysts the aerospace and electronics company’s 13% profit rise should offset the European slump in 2012.read more
View ArticleChina May Get Big Solar Margin Boost
As Taiwan’s Foxconn, the iPhone maker, enters the module business from a new China plant, experts see an expansion of its manufacturing edge.read more
View ArticleHuge Rubber Glut Slashing Corporate Costs
Heaviest supply of the commodity since 2004 is affecting tire-making, among other markets.read more
View ArticleObama Targets Offshoring; So Do Some U.S. Firms
There are signs of a turn in the IT services market, away from offshoring and back to domestic providers.read more
View ArticleApple’s Peculiar Patent Path Runs Through Germany
To determine key European smartphone rights, lawyers from Apple and other companies spend Fridays in Mannheim.read more
View ArticleCaterpillar CFO Rapp Sees Business Recovery
In interview, he expects to see a “tail wind” from demand in U.S., Europe, in a move from early stages of turnaround.read more
View ArticleM&A -- Including in IT -- Could Get Boost from Xstrata Deal with Glencore
Global promise of a February dealmaking revival, after the slowest month in three years, reflects economic upswing and better news from Europe.read more
View ArticleApple Audits: ‘Big Deal’ or ‘Fig Leaf’?
No matter what the press thinks, throwing a spotlight on working conditions should help it with consumers – and investors.read more
View ArticleQantas CEO Says It Must 'Adapt or Die,' and Shares Plunge
Asian competition, fuel costs, Moody's downgrade are among its many challenges, expressed starkly in CEO comments to Australian lawmakers.read more
View ArticleNestle CFO Sees 'Bright Spots' in 'Subdued' U.S. Economy
Jim Singh, as food giant's 2011 profit gains beat estimates, sounds encourages. He won't comment on the Pfizer baby-formula bidding.read more
View ArticleWith CEO, CFO Taking Turns, GM Says Opel Needs ‘Couple of Months’ to Improve
Annual profit is a record, but Europe was a fourth-quarter drag, and CFO Daniel Ammann, who describes the company's overall "catch-up" from depressed cap-ex levels.read more
View Article'Tons of Issues' Saddle Apple’s Foxconn Partner
Fair Labor Association, chosen by company to monitor working conditions at Chinese operations, sees announcements soon.read more
View ArticleHow Will Foxconn's Pay Impact Apple's Prices?
The new global balance that’s taking shape will be far-reaching among consumers, investors, and voters.read more
View ArticleGlobal Value-Creation Study Crowns Visa, 8 Other U.S. Giants, in Top 10
Called “cash machines” by Boston Consulting Group, companies thrive in part by returning free cash flow to investors. Visa Inc.'s total shareholder return was 45%.read more
View ArticleBehind China’s iPad Trademark Fight
It’s more than just David vs. Goliath, with giant Chinese banks being pitted against Apple as Feb. 29 appeal hearing in Proview case nears.read more
View ArticleHow the Aer Lingus CFO Is Choosing a Dramatic New Route
At a time of sharp competition, especially against Ryanair, Andrew Macfarlane banks on "connectedness" at Ireland's flag carrier.read more
View ArticleU.S. CFOs Worry Even More About the Eurozone Than Do European CFOs
Current-events questions in FEI/Baruch survey also show 48% for Romney, with only 13% for President Obama. But surprisingly, CFOs doubt oil prices will rise.read more
View ArticleCFO of India’s Infosys Sees ‘Broken’ European Firms a Source of Deals to Come
V. Balakrishnan says in an interview that Infosys, with its $4b war chest, looks to buy niche consultancies, companies with intellectual property.read more
View ArticleIn Spite of Itself, PCAOB Helps Shed Rare Ray of Sunlight on Japanese Accounting
JONATHAN WEIL: We weren’t supposed to know what companies’ audits were botched by PwC affiliate Kyoto Audit. But truth comes out; they’re Kyocera and Nidec.read more
View ArticlePorsche Ex-CFO Being Charged with Loan Fraud
Understating the luxury auto firm’s liquidity needs is at the root of the case against Holger Haerter and two others.read more
View ArticleM&A Drives Goldman to No. 1 in Investment Bank Fees
In “tale of two years,” after deals all but dried up, its share is tops despite lower total fees. read more
View ArticleAirbus Targeting Boeing's Cargo-Jet Dominance
As shippers demand fuel-efficient replacements for old planes, A330 alliance with Singapore threatens the U.S. company's lock on the freighter business.read more
View ArticleFender’s Filing of IPO Plays a Chinese Tune
Sale of $200m of shares for the Arizona guitar maker aims at markets in Asia, emerging nations.read more
View ArticleHow a Rare Customer Dispute Is Roiling Boeing
India’s claim that it’s owed for 787 Dreamliner delays has the company saying “we’re not writing anybody a $500m check.”read more
View ArticleDoors Open on Apple’s New iPad, Widening Lead Over Google
Sharper screen, faster chip drawing long lines -- positive reviews -- in London, Sydney, Tokyo and elsewhere.read more
View ArticleUPS Doubling Its European Reach with TNT Deal
The $6.8b acquisition, at “the bottom of the market,” hopes to turn money-losing Dutch company into a combined success.read more
View ArticleProfit or Politics: Does GE’s New U.S. Jobs Push Reflect Immelt’s Role for...
The company is returning refrigerator work to U.S. from Mexico, but some see the $800m investment as a plug for the president.read more
View ArticleCook’s Tour: CFOs Should Watch the Apple CEO’s China Visit
As finance chiefs from U.S. companies look to tapping into that growing economy, there are serious lessons galore. read more
View ArticleAudit Spelling New Trouble for Foxconn, Apple
Fair Labor Association finds potential “showstopper” violations of China labor laws at the biggest maker of iPads, bringing new oversight pledge.read more
View ArticleForeign Stake in the U.S. Treasury Soars: $5 Trillion and Growing
AAA shortage is driving non-U.S. holdings, even through Fed purchases are government’s approach to absorbing debt supply.read more
View Article‘Genius’ from Outside Was Choice for Apple Stores
Company is hoping to lead a global retail push with its naming of UK consumer-electronics whiz John Browett.read more
View Article
