Avoiding Extinction: Fossil Fuel Treasurers Adapt to Lower Demand
With increased investment in renewable energy, the value of the fossil fuel sector is gradually diminishing. Renewable energy expert Andrew Winston discusses how these companies are factoring in this drop in demand.
AFP EconWatch: U.S. Economy Picks Up the Pace
The U.S. economy expanded at a faster than previously believed pace during the spring. GDP grew 4.2 percent on a seasonally adjusted annualized rate during the second quarter.
Bottom Line: One Company, People and Cash
AFP has been fielding questions from reporters on when corporate America might begin to spend the huge cash piles that have accumulated in recent years. In addition to economic shifts, attitudes toward global risk and changes in business outlook, there's another factor that might influence cash spend, and some say it is simply the people involved in decision making.
With Few Alternatives, Firms Deposit Money in Banks
The AFP Liquidity Survey finds that both the size and management of corporate short-term cash holdings stayed relatively steady over the past year. The reasons are two-fold. First, the business and regulatory climate remains one of middling economic growth and uncertainty. At the same time, the historic ultra-low interest rate environment has greatly reduced the opportunity to generate yield.
Q&A: The Impact of New Money Fund Rules
This is the second part of a question and answer session on the new money market fund rules with Jim Gilligan, CTP, FP&A, assistant treasurer for Great Plains Energy, and Tom Hunt, CTP, director of treasury services, AFP.