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10 Weekend Reads

Barry Ritholtz

Businessweek ) see also Disney Goes All In On Sports Betting : After years of internal debate, the entertainment giant did a deal with a gambling company and will launch an ESPN betting app next month. Disney’s legendary CEO came out of retirement to save the company—right in time for its 100th birthday. Nothing has gone his way.

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U.S. Stock Futures Rise After Tech Selloff

CFO News Room

In bond markets, the yield on the benchmark U.S. Oil prices climbed, with the global benchmark Brent crude up 0.5% “Every investor is so spooked now, and nobody really has a compass to figure out where exactly we are in this cycle.”. 10-year Treasury note ticked up to 1.847% from 1.825% Thursday. Yields and prices move inversely.

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A Loyalty-Driven Singles’ Day in China Lends Lessons to Sales-Centric Shopping Holidays

CFO News Room

Member enrollment volume on Tmall increased by over 10% compared to the previous cycle, nearly 20 times the industry benchmark. The efforts have yielded record customer engagement. First-time purchases by members increased by 20%. With almost 1.6

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Enhancing Business Valuation: Aligning Owner Perception with Market Realities

VCFO

You can learn how you compare to your competitors and best in class by benchmarking your performance to a peer group. For instance, if your benchmarking shows a gross profit margin below the industry, that may signal excessive Cost of Goods Sold or Cost of Sales, suggesting operational or supplier agreement issues.

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Thanksgiving, Black Friday Sales Bode Well

PYMNTS

If breaking the $3 billion benchmark wasn’t indication enough, the International Council of Shopping Centers (ICSC) found that the data from this year’s Black Friday, as well as Thanksgiving, bode well for the remainder of the holiday shopping season. Good news, retailers! The report found that over 75 percent of U.S.

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What is the difference between planning, budgeting and forecasting for a business?

Spreadym

This includes fixed expenses like rent/mortgage payments, utilities, and insurance, as well as variable expenses like groceries, transportation, entertainment, and discretionary spending. Validate and Refine: Validate the forecasted results by comparing them with industry benchmarks, market research, or other sources of information.

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Top 5 Mistakes Bookkeepers Make When Building Their Firm

The CFO College

” The answers to these questions give you a benchmark for success. Many people make room in the budget for travel, clothes, and entertainment. The better questions to ask of a program developer would be “What should I expect to see in ROI? And how quickly will I see that ROI if I invest in your program?”