Kraft Settles Futures Market Manipulation Case
Kraft Settles Futures Market Manipulation Case

CFO Magazine · 16 Aug

After more than four years of litigation, Kraft Foods Group and Mondelēz International have agreed to a settlement of U.S. allegations that it manipu

Beyond Meat Reports Larger-Than-Expected Loss
Beyond Meat Reports Larger-Than-Expected Loss

CFO Magazine · 30 Jul

Beyond Meat's shares fell sharply after the meat-alternative producer delivered a mixed quarterly earnings report and announced a secondary stock.

Uber Lays Off 400 People; Lyft Eliminates Chief Operating Officer Role

CFO Magazine · 30 Jul

Uber and Lyft experienced separate staff shake-ups on Monday as Uber announced it will lay off 400 of its 1,200-member global marketing staff, and Ly

Takeway.com Delivers $10B Deal to Buy Just Eat

CFO Magazine · 30 Jul

Netherlands-based Takeaway.com has agreed to acquire Just Eat in a $10.1 billion deal that could spur further consolidation in the crowded online foo

PepsiCo to Buy South Africa's Pioneer Foods for $1.7B

CFO Magazine · 19 Jul

PepsiCo is pressing ahead into the African food market, agreeing to acquire Pioneer Foods Group of South Africa in a bid to expand its international

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

Google to Acquire Looker Data Sciences for $2.6B Cash

CFO Magazine · 6 Jun

Google has announced plans to buy Looker Data Sciences as a way to expand its offerings to help customers manage data...

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

Retail Sales Tumble in December
Retail Sales Tumble in December

CFO Magazine · 14 Feb

U.S. retail sales fell 1.2% month-over-month in December, according to the latest figures from the Commerce Department. It was the largest decline in

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.