More in Corporate Finance & Tax

Nov. 5, 2012

Commentary

Tax-aggedon' Hits Manufacturers Below the Belt

However, there’s still time to bob and weave....More
Nov. 5, 2012

News

Britain, Germany Press for Stronger Corporate Tax Regimes

'Britain and Germany want competitive corporate tax systems that attract global companies to our countries, but also want global companies to pay those taxes,' Germany's Wolfgang Schaeuble and Britain's George Osborne said....More
Oct. 19, 2012

News

GE Earnings Steadily Rise Despite Slow Economy

The manufacturer of aircraft engines, locomotives, wind turbines and a broad range of other heavy industrial products earned $3.49 billion in the quarter, compared with $3.22 billion a year earlier....More
Oct. 19, 2012

News

Computer Chip Manufacturer AMD to Cut 15% of Workforce as Revenue Slumps

Computer chipmaker AMD (IW 500/157) announced plans Thursday to slash 15% of its workforce in a cost-cutting move in response to a weak market for personal computers....More
Oct. 18, 2012

News

Microsoft Earnings Drop, Cites Slower PC Demand Ahead of Windows 8 Launch

U.S. computing giant Microsoft (IW 500/15) posted Thursday lower earnings and revenues for its fiscal first quarter, citing the slowdown in the personal computer market. Microsoft said net profit fell 21% from the year-ago quarter, to $4.5 billion, nevertheless topping Wall Street estimates. Earnings per share excluding exceptional items were 65 cents, well above the average estimate of 56 cents. Revenue fell 8% in the July-September period, to $16 billion, missing forecasts....More
Oct. 18, 2012

News

Nokia's Net Loss Widens in Q3

However, shares in the company rose by more than 9% in Helsinki after sales came in higher than forecast. The group's cash position was also slightly better than expected....More
Oct. 17, 2012

Article

IndustryWeek

U.S. Companies Are Pulling Back from the Eurozone

With the shaky state of the U.S. economy one of the dominant themes of the presidential campaign, it's perhaps not surprising that almost half (47%) of the finance executives at large companies are less optimistic than they were in the previous quarter....More
Oct. 2, 2012

blog

Going to Bat for a VAT 2

At the NE Ohio Summit on the Revitalization of Manufacturers, several speakers say the U.S. should impose a value-added tax (VAT) as a way to help level the playing field in trade....More
Sep. 29, 2012

News

Kodak Says Goodbye to Inkjet Printers, More Jobs

Eastman Kodak said Friday it would cut an extra 200 jobs and end sales of its consumer inkjet printers under its plan to emerge from bankruptcy protection....More
Aug. 22, 2012

News

Hewlett-Packard Reports $8.9 Billion Loss

HP was forced to book a loss under accounting rules, to reflect the lower value of some assets. It had previously announced this would be some $8 billion to mark down the value of EDS, a services group it acquired in 2008....More
Jul. 24, 2012

blog

Thanks For The Help, But….

Washington’s bid to boost the economy through tax cuts to small- and medium-sized businesses is a bust....More
Jul. 19, 2012

News

Microsoft Suffers First-Ever Loss on Write-down 6

The Redmond, Washington-based firm had announced earlier this month it would take a $6.2 billion write-down to reflect the slump in value of its online services division....More
Jul. 16, 2012

News

IndustryWeek

Business Economists See U.S. Economy Softening

Strong sales earlier in the year appear to be waning as the economy slows down, according to the July industry survey from the National Association for Business Economics. While 60% of the business economists surveyed in April reported rising sales, only 39% did so in the July survey. Similarly, 40% reported rising profit margins in April, while 29% did so in the latest survey....More
Jul. 13, 2012

blog

Euro Bank Control

Political/Economic/Emotional stability encourages investment and the growth of business, which in turn provides jobs and prosperity for people. The Eurozone, the 17-nation currency bloc, is moving closer to providing that stability via a significant improvement in the Eurozone banking system. The EU Commission has taken definitive steps toward the establishment of a pan-European bank supervisor who will control the 25 largest banks in Europe. The supervisor will also have authority over the individual national bank regulators who have direct authority over the smaller b...More
Jul. 5, 2012

blog

Central Bank Action in China and Europe

Both The People's Bank of China The European Central Bank have lowered their rates....More
Jul. 4, 2012

Article

Moody's Lowers Credit Outlook on Yamaha Motor

Ratings agency says new regulations in key Indonesian market likely to dampen motorcycle manufacturer's sales....More
Jul. 2, 2012

News

Microsoft to Take $6.2 Billion Write-off for Online Unit

The charge reflects a write-down related to 2007 acquisition of aQuantive, a digital advertising firm aimed at helping Microsoft compete against Google and others....More
Jun. 18, 2012

article

IndustryWeek

Finance Needs to Step Up Its Game

Companies are giving CFOs more tools to work with, but they expect results....More
Jun. 15, 2012

News

Moody's Downgrades Nokia Credit Rating to Junk Status

'Nokia's far-reaching restructuring plan ... delineates a scale of earnings pressure and cash consumption that is larger than we had previously assumed,' Moody's said....More
Jun. 14, 2012

article

IndustryWeek

Obama, Romney Go Head-to-Head on Economy

Romney calls Obama 'long on words, and short on action.' Obama says Romney's policies would favor the wealthy....More
Jun. 12, 2012

article

IndustryWeek

GM Chief Blames Weak Share Price on Europe

Fixing GM's own operations in Europe remains the company's top priority. GM does have new labor agreements with unions in both Poland and Great Britain....More
Jun. 7, 2012

article

IndustryWeek

Chinese and Japanese Investors Bid for Saab

Reports have also surfaced that Indian commercial utility vehicles manufacturer Mahindra & Mahindra has placed a bid as well....More
Jun. 5, 2012

article

IndustryWeek

Sony Executives Give Up Performance Bonuses

Company lost $5.8 billion last year....More
May 31, 2012

article

Medical Association Commends House Progress on Repealing Medical Device Tax

The Protect Medical Innovation Act of 2011 would repeal the 2.3% excise tax on medical devices scheduled to begin in 2013....More
May 29, 2012

article

IndustryWeek

Tata Motors Profit Doubles in Q4

Net profit was $1.13 billion....More