Performance Food to Buy Rival Reinhart for $2B

CFO Magazine · 1 Jul

Performance Food Group said Monday it will acquire rival Reinhart Foodservice for $2 billion in a move that reflects consolidation pressures on food

Sizing Up Uber's Fate in Transfer Pricing Audits
Sizing Up Uber's Fate in Transfer Pricing Audits

CFO Magazine · 14 Jun

Tax authorities in the United States and several other countries are investigating Uber, even though it's a loss company and therefore owes no income

American Express Buys Restaurant Booking Service Resy

CFO Magazine · 15 May

American Express signed an agreement to buy the digital restaurant reservation booking and management platform Resy.

McDonald's to Buy AI Personalization Platform

CFO Magazine · 26 Mar

McDonald’s announced it is acquiring Dynamic Yield, an artificial intelligence driven personalization platform. The acquisition allows McDonald’s to

Lyft Gets Head Start on Uber With IPO Filing

CFO Magazine · 4 Mar

Lyft has filed paperwork for an initial public offering, promising to take investors on a ride to a transportation “revolution” but raising doubts ab

Investors Overreact to Restatements in the Short Term
Investors Overreact to Restatements in the Short Term

CFO Magazine · 6 Feb

A financial restatement is perhaps the most significant indication of an accounting failure. Inability to provide reliable financial statements may s

Starbucks Same-Store Sales Pick up Steam

CFO Magazine · 25 Jan

Starbucks delivered a third straight quarter of accelerating same-store sales growth, with U.S. sales showing particular strength as the coffee chain

McDonald's Earnings Helped By European Sales, Lower Tax Rate

CFO Magazine · 26 Jul

McDonald’s reported revenue of $5.35 billion for the second quarter, down 12% year-over-year, as it was hurt by a nationwide recall of salads at abou

Pret A Manger Sold to German Investment Fund

CFO Magazine · 29 May

The United Kingdom-based sandwich shop Pret A Manger has been bought for $2 billion from investors led by the private equity firm Bridgepoint.

Cancer-Fighting Investments Went to Fund Restaurants
Cancer-Fighting Investments Went to Fund Restaurants

CFO Magazine · 31 Jul

The Securities and Exchange Commission today filed charges to stop an alleged ongoing fraud by a Massachusetts businessman misusing investments inten