Search Results for: ICE
FASB Finalizes New Rule on Stock Compensation
June 25th, 2014
The Financial Accounting Standards Board has finalized new accounting requirements around stock compensation intended to resolve differences in how companies treat awards that have specific performance targets attached. FASB’s Emerging Issues Task Force studied the issue and determined companies ...
Accountants continue to fail in marketing activities
June 25th, 2014
Accountancy firms continue to fall short in their marketing activities, with large numbers failing to monitor activities. Research from technology provider Wolters Kluwer found less than a third (29.9%) of firms have dedicated marketing or business development staff, but ...
Energy Future Should Kill Borrowing Plan, Creditors Say
June 25th, 2014
Energy Future Holdings Corp.’s official creditors’ committee said the company should scrap a plan to borrow another $2 billion to help it restructure because the loan wouldn’t save it any money. By using its available cash instead to refinance ...
How High a Deductible Should Your Company Take?
June 25th, 2014
Deciding the right level of a company’s insurance deductibles depends largely on the organization’s risk appetite and its financial strength — definitely territory for the CFO. Risk appetite and financial strength must be considered when companies pit which risks ...
Shanghai Free Zone Moves To Launch Investment Platform
June 25th, 2014
The Shanghai Pilot Free Trade Zone plans to set up an international assets and equity trading platform for financial leasing companies to diversify the financial services they offer from the zone. The platform – the first of its kind ...
The Pros and Cons of Buying Buyback ETFs
June 25th, 2014
Companies splurged on share buybacks in 2014’s first quarter, and investors splurged on buyback funds. The amount companies spent buying back their own shares jumped 59 percent compared to a year ago, according to Standard & Poor’s. Over that ...
European Stocks Decline for Fourth Day Amid Iraq Violence
June 25th, 2014
European stocks fell for a fourth day, the longest stretch in seven weeks, as violence in the Middle East escalated. U.S. index futures were little changed, while Asian shares declined. GDF Suez SA dropped 3 percent after France said ...
Etihad to Buy 49% Stake in Alitalia
June 25th, 2014
Alitalia SpA, the Italian carrier bailed out by the government last year, said it has agreed on “principal terms” with Etihad Airways PJSC that will give the Middle Eastern airliner a 49 percent stake. The two airlines will next ...
EU Bans Imports from Russia-Annexed Crimea
June 25th, 2014
The European Union has banned imports from Crimea, the Ukrainian area annexed by Russia, saying it would never recognise Russia’s illegal military intervention in Ukraine. The Council of European Union (EU) decided in a meeting of 28 EU foreign ...
Bernie Madoff’s Accountant Paul Konigsberg Pleads Guilty to Falsifying Records and Conspiracy
June 25th, 2014
Fraudster Bernard Madoff’s former accountant Paul Konigsberg pleaded guilty to helping the convicted financier with his Ponzi scheme by falsifying records. “I’m here today to take responsibility for what I did that was wrong,” the former senior tax partner ...
