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Home Depot CFO expects flat consumer spending, sales

CFO Dive

The home goods and improvement company is committed to a $1 billion investment in compensation for its frontline workers, CFO John McPhail said, even as it forecasts flat 2023 sales.

CFO 261
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Microsoft rides AI fervor to $62B in sales

CFO Dive

The company’s move to incorporate AI has represented “a real pivot of our investment infrastructure,” CFO Amy Hood said.

Sales 273
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Abu Dhabi Investment Authority invests Rs 4,967 crore in Reliance retail

CFO News

The Abu Dhabi Investment Authority (ADIA) will invest ₹4,966.8 The stake sale will help fund expansion, retire debt, and prepare for RRVL's IPO. crore in Reliance Retail Ventures Ltd (RRVL) through a subsidiary, acquiring a 0.59% stake. This latest fundraising round values RRVL at ₹8.38

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RBI issues revised norms for classification, valuation of investment by banks

CFO News

As per the revised norms, banks will have to classify their entire investment portfolio under three categories -- Held to Maturity (HTM), Available for Sale (AFS) and Fair Value through Profit and Loss (FVTPL).

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Setting Your B2B Sales Strategy in a Downturn

CFO News Room

For sales teams selling to clients in cost-cutting mode, this requires new tactics. With many organizations, we are seeing sales force reductions that parallel the layoff announcements. At others, we see sales force hiring freezes. And every sales organization is rethinking its strategy and scale.

B2B 100
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Is M1 Finance Safe? (Legit Place to Invest Your Money)

CFO News Room

M1 Finance is a personal finance company that offers a variety of financial services, including investment management, portfolio analysis, and stock trading. But does that mean they are safe for you to invest your money? While M1 Finance is a safe and legitimate company, it’s important to remember that all investments come with risk.

Finance 130
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Good Intentions, Perverse Outcomes: The Impact of Impact Investing!

Musings on Markets

In response, I have been told that the problem is not with the idea of ESG, but in its measurement and application, and that impact investing is the solution to both market and society's problems. It is human nature to want to make the world a better place, but does impact investing have the impact that it aims to create?