Pay Attention to Debt Covenants or Suffer the Consequences
When negotiating a debt deal, treasurers need to give covenants their full attention. Glossing over them can have disastrous results.
Corporate Finance Week: U.S. Economy Positive, but Tepid
This was a week where the difference between relative strength and absolute strength was neatly framed. News out of North America highlighted the fact that on an absolute basis, the U.S. economy while positive is rather milquetoast. But relative to Europe, the U.S. economy is a roaring tiger.
AFP EconWatch: U.S. Job Growth Sharply Slows
To the surprise of many market observers, the pace of job creation slowed to its lowest level of the year during August. The Bureau of Labor Statistics estimates non-farm payrolls expanded by 142,000 jobs during the month.
Six FP&A Lessons to Learn from Walgreens’ Forecasting Woes
It was recently disclosed that Walgreens made a $1 billion forecasting error, costing the chief financial officer his job. In response, six finance professionals offered their lessons learned.
TrueBlue Treasurer Reveals the Keys to Management Success
A big challenge for any treasury or finance professional is the process of transitioning from an individual contributor to a leader. Darren McCallon, vice president of finance and treasurer of TrueBlue, looks back on his career and provides some advice.