Krispy Kreme faces double-digit inflation in some costs: CFO
CFO Dive
FEBRUARY 14, 2024
The company is grappling with soaring sugar prices as the fight to keep inflation on a downward path remains an ongoing challenge for the Federal Reserve.
Wed.Feb 14, 2024
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At the Money: Is War Good for Markets?
Barry Ritholtz
FEBRUARY 14, 2024
At the Money: Is War Good for Markets? (February 14, 2024) What does history tell us about how war impacts the stock market? What is the correlation between geopolitical conflict and inflation? Can these patterns inform us of future bull market behavior? In this episode, I speak with Jeffrey Hirsch about what happens to equities after global conflicts.
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Want a remote accounting or finance gig? It could be your lucky year.
CFO Dive
FEBRUARY 14, 2024
The accounting and finance job category rose to take second place in FlexJobs’ 2024 ranking of the strongest fields for work-from-home roles.
Income Tax department issues notices to taxpayers for donations to unrecognized political parties
CFO News
FEBRUARY 14, 2024
The Income Tax Department has issued notices to taxpayers who made donations to political parties registered but not recognized by the Election Commission, for fiscal years 2021 and 2022. The notices under Section 80GGC of the Income Tax Act aim to investigate whether such donations were used for tax evasion and money laundering. Around 5,000 notices have been sent so far, targeting donations to about 20 unrecognised political parties.
Elevating Accounting Practices: The Power of Outsourcing and Automation in the Digital Age
Speaker: Nancy Wu, Head of Sales and Customer Success at SkyStem
Join us for an enlightening webinar as we delve into the transformative realm of modern accounting practices. In today's digital age, the convergence of outsourcing and automation has revolutionized how businesses manage their financial operations. In this webinar we will explore the synergistic potential of these two strategies to streamline processes, enhance accuracy, save cost and drive strategic decision-making.
Lyft shares rise 35% after earnings report typo sparks confusion
CFO Dive
FEBRUARY 14, 2024
An “extra zero” added to a press release sent Lyft stock soaring. It subsided after clarification of the number but still closed at a 52-week high.
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IRS sues FDIC to get $1.45B in SVB back taxes
CFO Dive
FEBRUARY 14, 2024
The amount covers corporate income and employment taxes due between 2020 and 2023, but is an estimate because a review of the tax returns is ongoing, the IRS said. The FDIC has denied SVB’s entire tax claim.
Tesla may head to India on incentive-paved road
CFO News
FEBRUARY 14, 2024
India imposes 100% import duty on cars with cost, insurance and freight value of more than $40,000 (about Rs 33 lakh), and 60% for those below that threshold. Tesla is willing to invest up to $2 billion if the Indian government offers reduced import duty of 15% on imported electric cars in the first two years of operations, ET reported in December.
The Mentoring Round | Eric Jenny, CFO, SOCi
CFO Thought Leader
FEBRUARY 14, 2024
974: Crafting Strategy in a Data-Driven World | Eric Jenny, CFO, SOCi The post The Mentoring Round | Eric Jenny, CFO, SOCi appeared first on CFO THOUGHT LEADER, CFO, Finance, Leadership, CPA.
Bearish bets on HDFC Bank rise to record levels
CFO News
FEBRUARY 14, 2024
Total open interest, or outstanding positions, in HDFC's stock futures has surged by 115% to 4.19 lakh contracts - a record build-up - after its third-quarter results with most of them being short positions, said Ruchit Jain, lead research analyst at 5Paisa.com.
How to Build the Ideal HR Team
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Top Strategies for Middle-Market Private Equity CEOs
E78 Partners
FEBRUARY 14, 2024
CEOs of middle-market private equity sponsored companies face unique challenges when it comes to delivering growth, profitability, and cash flow while managing operations with limited resources. An effective enterprise-wide business performance management system can significantly enhance their ability to plan better and more strategically, execute with greater operational discipline, and improve decision-making to foster sustainable success.
ED quizzes Paytm Payments Bank officials
CFO News
FEBRUARY 14, 2024
Paytm Payments Bank executives provided information and documents sought by the agency. ED has asked them to furnish more details by next week, sources said. The executives were summoned as “part of the procedure” that needs to be followed once a Fema investigation is launched.
How a Fractional CFO Can Transform Your Financial Strategy!
CFO Network
FEBRUARY 14, 2024
How a Fractional CFO Can Transform Your Financial Strategy! A solid financial strategy is the key to success in the fast-paced business world. It’s not just about making money; it’s about managing it efficiently. One way to achieve this is by bringing a Fractional CFO (Chief Financial Officer) to your team. This blog will explore how a Fractional CFO can transform your financial strategy, helping you make informed decisions, optimize your resources, and drive your business toward gre
Cisco to lay off more than 4,000 employees, lowers annual revenue forecast
CFO News
FEBRUARY 14, 2024
Analysts expect demand for Cisco's products to remain under pressure, as clients in the telecom industry restrict spending, prioritizing clearing their excess inventory of networking gear.
Planning Your Restaurant's Path to Profitability
Speaker: James Kahler, COO of Full Course
Ever wondered where to splurge and where to safely conserve when it comes to operating and growing your restaurant? 🤔 Join James Kahler, COO of Full Course and industry visionary, in this new webinar where he'll talk all about best practices to invest in your restaurant's success! Whether you're a new business or an established restaurant, a seasoned pro or a rookie, you'll learn the keys to sustainable success in this competitive industry.
ONEtoONE has advised Adria Winch Group in its sale to Global Offshore Engineering Group.
One to One
FEBRUARY 14, 2024
ONEtoONE has advised Mr Milijov Peruzović, the founder, long time CEO and Chairman of Adria Winch Group in its sale to Global Offshore Engineering Group (GOE). Adria Winch Group: A reputable and recognised company in production Read More. The post ONEtoONE has advised Adria Winch Group in its sale to Global Offshore Engineering Group. appeared first on ONEtoONE Corporate Finance.
Japan's economy slips into recession, raises BOJ policy uncertainty
CFO News
FEBRUARY 14, 2024
Japan's economy slipped into recession on weak domestic demand, raising uncertainty about the central bank's plans. Japan lost its title as the world's third-largest economy. BOJ may sharply downgrade GDP forecasts. Takuji Aida expects further contraction. Reuters poll suggests April for ending negative rates. Marcel Thieliant predicts sluggish growth at BOJ's upcoming meeting in March.
ONEtoONE has acted as advisor to Bolsas Castresana in its acquisition by Chimiget Group.
One to One
FEBRUARY 14, 2024
During a deal advised by ONEtoONE, Chimiget, a French, family-run, chemicals group, acquires Bolsas Castresana. However, the management team will continue to work as an integral part of Bolsas Castresana. Bolsas Castresana: fulfilling packaging needs of Read More. The post ONEtoONE has acted as advisor to Bolsas Castresana in its acquisition by Chimiget Group. appeared first on ONEtoONE Corporate Finance.
Vedanta promoter in talks with GQG Partners to sell $1 billion worth stake: Report
CFO News
FEBRUARY 14, 2024
The final talks for a potential stake sale have already taken place, and the transaction may take place in a few days in the form of a block deal, the news channel reported. As of December-end, promoter and group entities cumulatively held a 63.71% stake in Vedanta Ltd. On Wednesday, shares of Vedanta ended nearly 5% higher on the National Stock Exchange at Rs 282.
How Automation is Driving Efficiency Through the Last Mile of Reporting
Speaker: Jamie Eagan
As organizations strive for agility and efficiency, it's imperative for finance leaders to embrace innovative technologies and redefine traditional processes. Join us as we explore the pivotal role of digitalization and automation in reshaping what is commonly referred to as the “last mile of reporting”. We’ll deep-dive into why digitalization is no longer a choice, but a necessity for finance departments to stay competitive in a fast-paced environment touching on: 2024 trends for the Office of
ONEtoONE has acted as adviser to Grupo Algaher in its sale to Espiga Capital
One to One
FEBRUARY 14, 2024
ONEtoONE has advised Grupo Algaher in its sale to Espiga Capital. Therefore, introducing Grupo Algaher to an impressive group of market players. Grupo Algaher: A competitive company in the manufacturing sector Founded in 1987, Grupo Algaher Read More. The post ONEtoONE has acted as adviser to Grupo Algaher in its sale to Espiga Capital appeared first on ONEtoONE Corporate Finance.
New home for Shriram Housing Finance: Private equity funds close in on deal
CFO News
FEBRUARY 14, 2024
Parent Shriram Finance, which is mainly involved in commercial vehicle financing, owns 84.82% of Shriram Housing Finance Ltd, which focuses on affordable homes. San Francisco-based PE Valiant Capital Management owns most of the remaining stake.
ONEtoONE have acted as advisor to InterBeverage Services in its purchase of three of Delivra´s business lines.
One to One
FEBRUARY 14, 2024
ONEtoONE advised InterBeverage Services in purchasing Delivra´s full vending services, technical support and FMCG vending equipment maintenance business lines. InterBeverage Services: Pioneer in the vending services sector InterBeverage Services is a leader in the support and Read More. The post ONEtoONE have acted as advisor to InterBeverage Services in its purchase of three of Delivra´s business lines. appeared first on ONEtoONE Corporate Finance.
Germany overtakes Japan as third-biggest economy
CFO News
FEBRUARY 14, 2024
Japan slipped to the fourth-largest economy behind Germany. It faced challenges from the yen's decline, negative interest rates, worker shortages, economic stagnation, and deflation. Prime Minister Fumio Kishida is under pressure as India's economy is projected to overtake Japan in 2026.
Accounting Software and ERP Readiness Guide
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A Proposed Salesperson’s Exemption To The DoL’s Retirement Security Rule?
Nerd's Eye View
FEBRUARY 14, 2024
When an investor is seeking to work with a financial professional, there's a substantial difference in expectations about the nature of the relationship when the professional being consulted is an advisor versus when they're a salesperson. In hiring an advisor, the investor is presumably seeking to put their trust and confidence in someone with their best interests in mind who can advise them on a course of action.
Tata, Uber aim for strategic alliance to drive digital business
CFO News
FEBRUARY 14, 2024
Uber Technologies CEO Dara Khosrowshahi met Tata Sons chairman N Chandrasekaran in Davos earlier this year and they're expected to talk again in Mumbai during the former's upcoming India trip to discuss the broad contours of a potential alliance, executives aware of the matter said. The exact terms of engagement are still being worked out and there's no guarantee it will lead to anything concrete.
India's WPI inflation eases to three-month low of 0.27 per cent in January
CFO News
FEBRUARY 14, 2024
India's wholesale price index-based inflation has further decreased to 0.27 per cent in January compared to 0.73 per cent in December, according to provisional data released by the Commerce Ministry. This is lower than the estimated rise of 0.53 per cent predicted by a Reuters poll.
Finance Minister to review economy at FSDC meeting on Feb 21
CFO News
FEBRUARY 14, 2024
The FSDC meeting will also review activities undertaken by the FSDC sub-committee chaired by the RBI governor and the action taken by members on the past decisions of FSDC. Besides RBI governor, Securities and Exchange Board of India chairperson Madhabi Puri Buch, Insurance Regulatory and Development Authority of India (IRDAI) chairman Debasish Panda, Insolvency and Bankruptcy Board of India (IBBI) chairman Ravi Mital and Pension Fund Regulatory and Development Authority's newly appointed chairm
Recruit and Retain New Blue-Collar Talent
Advertiser: Paycor
Blue-collar jobs have a branding problem. One company, GEON, partnered with Paycor to find the solution. Learn how to attract, engage, and retain blue-collar employees, helping them build meaningful careers – and support your company’s goals.
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