Net income at firms in the S&P 500 is forecast to increase 9.1% in the second quarter, but below that headline number, there’s a sharp divide between the Mag 7 and the 493 other companies in the index. “You have seven or eight companies whose capex has increased dramatically, and you have the rest of us who have been very shrewd,” one executive tells me for our latest edition of CFO Briefing.
Managing the EV Revolution, One Headache at a Time
Working in corporate finance today means having to navigate major shifts in business and technology while responding to rapidly evolving consumer tastes and trends – all against an increasingly protectionist, uncertain and fragmented global backdrop. In CFO Briefing’s fifth edition, I speak to executives at Stellantis, Cheche and Rexel about these challenges.
Coca-Cola’s CFO Says Drinks Giant Focused on Portfolio Over M&A
Coca-Cola is interested in smaller targets that can then be scaled “through our system to multiple markets,” CFO John Murphy said. “There’s not a lot of value to us going the inorganic route to solve the problems of country X in category Y,” he said during a recent interview. “The economics typically don’t work very well.”
Rates, Elections, Tariffs Loom as Second-Half Risks for CFOs
CFO Briefing’s fourth edition is out — with a shortlist of the hot-button issues finance chiefs are facing in the coming six months. Plus: How Kellanova manages currency risk in Nigeria.
Biogen Has Up to $10 billion for Its Next M&A Bets
On the heels of its up to $1.8 billion transaction for HI-Bio, Biogen is already looking for $8 billion to $10 billion in new deals, which could be funded by existing cash as well as debt.
From Nvidia to Chipotle, Stock Splits Are Back. Here’s Why
CFO Briefing’s third edition is out. This week’s highlights include why stock splits are turning into employee-retention tools, how 3M prepares for potential new litigation, and what finance chiefs worry about.
A Third of CFOs See US Elections Impacting Investment Decisions
Monetary policy, inflation and labor remain the top worries for finance chiefs for the coming 12 months, with nearly one-third of executives in a survey saying they are delaying, scaling down or permanently canceling investments due to uncertainty surrounding the US presidential election.
How CFOs Are Waiting Out a Cautious Fed
And here it is, the second edition of Bloomberg’s CFO Briefing! I spoke to the CFOs of Coca-Cola, Cisco and Adobe about Fed policy and its impact on their business and heard more from Grab’s CFO on how to get profitable.
Salesforce CFO Amy Weaver’s Three Rules for Chasing M&A
Salesforce has taken a more prudent approach to dealmaking since agreeing the $27.7 billion purchase of Slack in 2020. I caught up with CFO Amy Weaver to talk about the company’s current plans for M&A and what it looks for when pursuing a target.
Unpacking Alphabet’s CFO Search
Bloomberg’s inaugural CFO Briefing is out, with the latest on America’s biggest CFO job, Nissan’s view on the yen and the US presidential elections as well as exclusive M&A talk from Biogen.