Retail-trading platform Robinhood Markets Inc. doesn’t plan on spending significant amounts of corporate cash on crypto assets anytime soon, Chief Financial Officer Jason Warnick said.
WSJ CFO Network Summit: Preparing for Changes to Domestic and International Taxation Rules
What would a 15% minimum tax mean for business? How about the proposed duty on share buybacks? And what is happening on the international tax front? I discussed these and other questions with EY’s Kate Barton and Xcel Energy CFO Brian Van Abel at WSJ‘s CFO Network Summit.
WSJ’s CFO Network Summit: Cash and CapEx Spending in 2022
How much cash should companies hold? Will CFOs spend big on M&A in 2022, and what will their capex spending plans look like? I posed these and other questions to the CFOs of Foot Locker and Nielsen at WSJ’s CFO Network Summit.
WSJ’s CFO Network Summit
Looking forward to WSJ’s CFO Network Summit tomorrow. We will be discussing interest rates, capex spending and taxes, among many other topics. Follow our coverage on wsj.com and via Twitter @CFOJournal.
VW Finance Chief Expects Inflation to Ease and Chip Shortage to Drag On
Volkswagen CFO Arno Antlitz says the German car maker is mitigating the impact of raw-material and component price increases through rigorous cost-cutting and that higher prices weren’t yet translating into higher wages at the company.
Rivian CFO Says Electric-Vehicle Maker Will Prioritize Growth Over Profits
Rivian Automotive Inc.’s finance chief said the electric-vehicle maker plans to put growth before profit as the company looks to build out the business following its public listing in November.
Companies Expect Funding to Stay Cheap, Despite Looming Rate Increases
CFOs are looking to refinance billions of dollars in debt coming due over the next few years in anticipation of several rate hikes by the Federal Reserve in 2022.
U.S. Companies Are Thriving Despite the Pandemic—or Because of It
Few expected the pandemic to leave U.S. public companies thriving the way they are.
Hormel’s Departing CFO on His Career, Deal Making and the Pandemic
“The CFO’s responsibility is much broader than it was back then,” said Jim Sheehan, Hormel’s finance chief, who is retiring after 43 years at the company.
Dole Looks for Deals and Operational Efficiency After NYSE Listing
Dole, the fruit and vegetable company best known for its banana brand, is scouting the market for potential acquisition targets and working to streamline its operations after combining with Total Produce PLC and listing on the New York Stock Exchange.