Corporate Cashflow Magazine articles from December 1994

Corporate Cashflow Magazine archives from December 1994

Interstate bill should help treasuries unload banks. (Trends)
December 1, 1994... Corporate treasury managers expect tangible operational improvements from nationwide banking over the next several years. Many foresee using fewer banks, paying less for cash management services and enjoying better access to funds. The...

PC products offer small banks cash management service. (Trends)
December 1, 1994... PC-based corporate banking systems that allow companies to transfer funds, stop payments, inquire about checks and otherwise convey directions to their banks are out of the shop and exploring new frontiers. Long the domain of large banks and...

Flex index options soar, bring new market volatility. (Trends)
December 1, 1994... Officials of the established futures and options exchanges have watched with envy as the privately-traded derivatives market exploded with growth. Then they struck back with new products designed to lure business back from the over-the-counter...

FASB plans change to EPS calculations. (Financial Accounting Standards Board; earnings per share) (Trends)
December 1, 1994... The Financial Accounting Standards Board (FASB) wants to change the way companies report earnings per share when potentially dilutive stock options, warrants and convertibles are involved. Earnings per share now are reported two ways--as...

Popular derivatives fuel demand for securities lending. (Trends)
December 1, 1994... Widespread use of derivatives continues to add fuel to the market for borrowed securities. Securities lending from pension portfolios adds liquidity to the market and any time you add liquidity to the market, you get paid for it, says Donald...

Tidy up junk-bond portfolios for improved returns. (Trends)
December 1, 1994... "One man's junk is another's treasure" may be especially true today as pension plan sponsors review their approach to high-yield bonds. Junk bonds' clear advantage is high returns. For buying bonds rated below investment grade (BBB), investors...

Performance guaranty saves money, builds vendor relationships. (Trends)
December 1, 1994... Performance guaranties, long used to contain corporate benefits costs, are now changing workers' compensation programs. Under these agreements, insurers agree to tie part of their pay to how well they perform--often how much they reduce the...

Climbing up the downsized ladder. (includes related article) (Cover Story)
December 1, 1994... Your company is (pick one): restructuring, downsizing, rightsizing, relocating, outsourcing, merging, acquiring or being sold. Treasury managers seem destined to hear these unwelcome words, sometimes more than once. Those who have survived...

Training program cultivates financial executives.
December 1, 1994... How do you turn your finance department into an agile, world-class unit? That was the challenge we faced at NYNEX in 1988, four years after the company was formed in the break-up of the Bell System. NYNEX was in transition from monopoly to...

Tap accounting's pot to get quick, valuable treasury data. (includes related article)
December 1, 1994... Your health is too important to leave to your doctors, some say. Likewise, corporate financial data is too important to leave to your accounting department. In this era of being downsized, rightsized, ostracized and re-engineered, treasury...

A treasurer's primer.
December 1, 1994... Although some negative repercussions have been emphasized recently, derivatives can enhance corporate earnings while keeping risk at a minimum. Risk management has become a hot topic throughout corporate America. It encompasses many...

Hype: the real roots of financial EDI. (electronic data interchange)
December 1, 1994... Is it just me or has there really been a resurgence of EDI-related articles? I've been hearing about EDI for what seems like decades--ever since some guy scared the skirts and pants off a bunch of cash management bankers by predicting that, in...

Securitization - another way to raise funds.
December 1, 1994... The incredible success of Fannie Mac and Freddie Mac in securitizing residential mortgages has led financial professionals to take a look at their assets with an eye towards repeating this success. The process provides another source of funding...

Push to export more creates treasury opportunities.
December 1, 1994... The Clinton administration is pushing American exports by offering exporters additional financing assistance, primarily through the Export-Import Bank. The expected result, according to the Department of Commerce: at least $1 trillion in U.S....

To weather financial crises, don't underestimate operations. (Interview)
December 1, 1994... Ware H. Grove recently became vice president and treasurer of Revco D.S. Inc., Twinsburg, OH, following stints as vice president and treasurer of ComputerLand Corp. (now Vanstar), Pleasanton, CA, and assistant to the president at Manville Corp.,...