Corporate Cashflow Magazine articles from March 1994

Corporate Cashflow Magazine archives from March 1994

Earthquake threat jars profit hopes for Mexican expansion. (Risk Management)
March 1, 1994... California fires, Midwestern floods, Southern hurricanes--natural disasters have been weighing heavily on the minds of risk managers. With the passage of NAFTA, they can add one more worry to the list: Mexican earthquakes. Mexico falls along...

Smart card used to secure access for funds transfers. (Cash Management)
March 1, 1994... The security of your corporate funds transfers may be in the cards--smart cards that is. Smart cards are plastic cards containing a microchip that can store as much as 6000 bytes of information. Several companies have been working on the...

Plastic pushed as efficient way to make corporate purchases. (Cash Management)
March 1, 1994... Looking for processes to re-engineer? Card giants Visa, MasterCard and American Express have a suggestion for you. Look at how your company purchases low-dollar goods and services like office supplies and maintenance and temporary personnel...

Lots of money for private placements from 'right' issuers. (Financing)
March 1, 1994... Whether debt or equity, the private placement market is awash in investors. "This is absolutely an issuer's market," says fixed-income specialist Hilary Stark, a vice president of UBS Securities. "There is a hell of a lot of money out there,"...

Underfunded plans use company stock to reduce shortfall.
March 1, 1994... Some large corporations have discovered that contributing company stock can improve pension funding without draining cash. Sponsors of underfunded plans, facing a government mandate to catch up, were getting nowhere fast as low interest rates...

Fine-tuning FAS 106 assumptions can help balance sheet. (Financial Accounting Standard)
March 1, 1994... Companies hard hit by the Financial Accounting Standard 106 requirement to disclose postretirement medical benefit liabilities may be overlooking accounting ways to reduce those expenses by as much as 15%, experts say. Many employers already...

Advanced approach to global cash management favors elegant simplicity. (Can Treasury Break Global Constraints?) (Cover Story)
March 1, 1994... Time was when the low interest-rate environment in the United States made cash management as appealing to CFOs as reorganizing their sock drawers. That is not the case now. For compelling and increasingly global reasons, cash management...

Where to get the best FX prices. (foreign exchange) (Can Treasury Break Global Constraints?) (Cover Story)
March 1, 1994... As companies add international suppliers and pursue international markets, global cash management is becoming increasingly important for U.S.-based corporations, even at the middle-market level. For a growing number of treasury managers, being...

The value of multi-currency software. (Can Treasury Break Global Constraints?) (Cover Story)
March 1, 1994... Multi-currency software has become an important new tool for treasury managers working internationally. It can bring several time-saving, productivity-boosting benefits. For instance, it can automatically consolidate different base currencies...

Float factors key ingredient in Campbell's new availability. (Campbell Soup Co.) (Can Treasury Break Global Constraints?) (Cover Story)
March 1, 1994... Campbell Soup's cash management department recently asked a consultant to study our collection system, consisting of four lockbox sites through which most of our domestic receivables are collected. (Certain subsidiaries manage their cash flow...

Banks surge forward with securities underwriting, despite limits. (Capital Ideas) (Column)
March 1, 1994... Commercial banks want badly to expand their underwriting services for corporate clients. To build support, they are arguing that the enhanced competition eventually will lower the cost of capital. The banks' penetration of the securities...

End to Fed secrecy could raise, lower interest-rate volatility. (Washington Watch) (Column)
March 1, 1994... The veil of secrecy that has always shrouded the Federal Reserve's monetary policy decisions may be lifted if the feisty chairman of the House Banking Committee has his way. Would more immediate and more complete access to Fed discussions and...

Make banker a teammate, not an adversary. (Benchmarks) (Column)
March 1, 1994... The relationship between banker and corporate treasury manager is often strained. You might guess that all their common interests would bind them together. After all, the treasury manager wants his company's business to grow and be profitable....

Seizing opportunities may provide much needed breath of fresh air. (interview with Michael Boron of Hunt Real Estate Corp. in Buffalo, NY) (Stepping Up) (Column)
March 1, 1994... Michael Boron, 38, CFO of Hunt Real Estate Corp., Buffalo, NY, was promoted to vice president of the $14-million annual revenue company. Formerly, he worked his way up the treasury ladder at Peter J. Schmitt, a $1-billion-plus company bused in...

Treasury analysis uncovers plenty of new cash. (Case in Point) (Column)
March 1, 1994... Middle-market companies provide ample opportunities within the treasury functions to find new cash. Typically, treasury management stays on top of big-ticket items like credit facilities, employee stock option plans, centralized accounting...