Corporate Cashflow Magazine articles from December 1992

Corporate Cashflow Magazine archives from December 1992

Low rates flip earnings over to pension expenses. (Trends: Investments & Benefits)
December 1, 1992... Prolonged weak interest rates are triggering accounting changes that increase reported pension expenses and sapping the investment returns on pension portfolios, forcing corporations to tap their treasuries to maintain adequate funding levels in...

Pricing dawns for daylight overdrafts; who pays in doubt. (Trends: Cash Management)
December 1, 1992... The Federal Reserve Board has finally dropped the other shoe, putting in motion its oft-criticized plan to charge banks for overdrawing their Fed accounts during the day. (See CORPORATE CASHFLOW, September 1992, p. 20). How corporate treasury...

Creative treasuries make sure to catch the quality wave. (Trends: Cash Management)
December 1, 1992... The quality movement has been sweeping corporate America, but many treasury departments have been left behind. While operations and customer-contact areas push for new levels of measured excellence, treasury managers too often are relegated to a...

Euro-banks seize growing share of big company credits. (Trends: Financing)
December 1, 1992... For several years, while U.S. banks have pulled back from commercial lending, European banks aggressively pursued large U.S. multinational and even largely domestic corporations. As a result, for the first time, the nation's largest 1,500...

Pollution coverage improves as lenders' push widens market. (Trends: Risk Management)
December 1, 1992... We live in the Green Age, some might say, in which "ozone depletion" and "rain forest" have become watchwords. Yet, for many U.S. companies, the environmental movement means "Superfund," and the color that comes to mind is red....

Shrewd rebuilding cuts debt cost, opens doors to opportunity. (Cover Story)
December 1, 1992... There's a "revolution going on in corporate America," says Richard Bott, a managing director at the First Boston Corp. in New York City. Over the last 12-18 months, "the confluence of low interest rates and relatively high equity prices has...

Syndicated private offerings add equity to emerging companies.
December 1, 1992... The private financing marketplace for emerging companies may look uninviting as banks and venture capital firms shy away from new commitments, but an important alternative--syndicated private offerings--is becoming available. Emerging companies...

Hedging the exchange risk of off-shore investments. (Basis Points) (Column)
December 1, 1992... Matt's cross-examinations are always in English, but lately his litany of questions has taken on a distinctly foreign flavor. No European vacation turned his head; this change is strictly business, a sign of the times we live and invest in....

Proposed whistle-blowing law puts corporations on notice. (Washington Watch) (Column)
December 1, 1992... The Securities and Exchange Commission soon may have a new pack of watchdogs to keep businesses in line: corporations' own outside auditors. Instead of complaining, corporate management has signalled that it is prepared to accept the idea....

SEC's electronic filing moves toward mandatory phase-in. (Capital Ideas) (Column)
December 1, 1992... Electronic filing is gradually becoming a fact of life for publicly-owned companies that must file financial information and registration statements with the Securities and Exchange Commission. In mid-July, the SEC closed the pilot phase of its...

Latest Excel will tempt Lotus spreadsheet users to switch. (Microsoft Excel 4.0) (Software Review) (Treasury Technology) (Evaluation)
December 1, 1992... The spreadsheet is a basic treasury tool, and Lotus 1-2-3 is often considered the standard. However, alternatives to Lotus may offer more power and capabilities. In this column, we'll assess one of them, Microsoft Excel (IBM-compatible version...

Laser printers offer flexibility in check printing. (Idea Bank)
December 1, 1992... Technological improvements that permit full checks, including the magnetic ink character recognition line, to be printed on plain paper are persuading a growing number of companies to print checks in-house. Roy Vanden Burgh, chairman of the...