Corporate Cashflow Magazine articles from May 1993

Corporate Cashflow Magazine archives from May 1993

Revived junk bonds scale heights of capital markets. (Financing)
May 1, 1993... Treasurers of low-rated or unrated companies who have been hunting for financing or refinancing can breathe a sigh of relief. High-yield bonds, after three years of inactivity, are back in a big way. It's not the same junk-bond market that went...

Bank CDs may revive, aided by marketer, top credit rating. (certificates of deposit) (Cash Management)
May 1, 1993... The hibernation of bank CDs may end soon, presenting corporate investors with an especially attractive combination of low risk, competitive yield and a flexible, sophisticated market. For several years, low corporate loan demand and an aversion...

EDI growth fastest among large firms, small partners. (electronic data interchange) (Cash Management)
May 1, 1993... The use of electronic data interchange (EDI) has been growing steadily among corporations with sales of over $1 billion or under $250 million. But among the vast number of in-between corporations, EDI growth has been slow and fitful,...

Automated system gives cheap cure to credit headache. (Credits & Accounts Receivable)
May 1, 1993... Owens Corning has cured a nagging credit department headache with a $50,000 aspirin: Everyone requesting credit reports now calls an 800 phone number and gets immediate service from a completely automated interactive voice response system....

Infrastructure vies for share of fixed-income allocation. (Investments & Benefits)
May 1, 1993... If they want to tap the reservoir of pension fund assets to finance the rebuilding of the nation's infrastructure, government officials will have to offer federal securities that pay more than U.S. Treasury bonds while providing comparable safety...

Tax questions mark reception of new liability coverage. (Risk Management)
May 1, 1993... Risk managers are taking a wait-and-see attitude toward a new liability policy that combines traditional insurance and finite risk for coverage of hard-to-insure exposures. With a lengthy list of selling points, the policy has piqued the interest...

Race for the gold: benchmarking credit. (includes related article) (Cover Story)
May 1, 1993... Two pros show why benchmarking with other departments can pay off big or hardly at all. They're two of the best in the business--curious, competitive, ambitious men who always look for ways to improve their credit operations. They were...

Use model to measure collection agency performance.
May 1, 1993... How well is your collection agency doing? In an age of high performance, benchmarking and total quality management, the performance of outside collection agencies often goes unmeasured. Perhaps we believe too quickly that outsourcing tasks to...

How technology will send cash management into new orbit.
May 1, 1993... In today's efficiency-driven business environment, where would we be without PCs, spreadsheet programs, voice mail, e-mail, and fax machines? While our survival depends on these technological marvels, in most cases we have used technology only to...

Move now to lop off real estate rental costs.
May 1, 1993... Corporations with leases that expire this year or next are thanking their lucky stars. The real estate slump has been so severe and so well publicized that creditworthy tenants have become a hot commodity empowered to negotiate bargain rents....

Will FASB bury redeemable preferred stock? (Financial Accounting Standards Board)
May 1, 1993... Since August 1990, a cloud of uncertainty has hung over corporate issues of redeemable preferred stock. On that date the Financial Accounting Standards Board (FASB), as part of its long-running project dealing with the accounting treatment of...

Pointing in the right direction: how emerging growth companies can find financing.
May 1, 1993... Suppose your five-year-old company has been profitable for a year, clearing $2 million (and growing) on $15 million in revenues, with $5 million in assets. You need $4 million to finance a strategic acquisition, but lenders are reluctant to take...

Informed manager choices start with customized index. (Basis Points) (Column)
May 1, 1993... Cute is the only way to describe their offices. The conference room was a cross between an art gallery and a flea market. But that wasn't too surprising considering where I was. As I read somewhere, "In Southern California, if you order a double...

Conservative investors rein in venture capital market. (Capital Ideas) (Column)
May 1, 1993... In October 1991, Judy Owen--an engineer with 18 years of experience in California's Silicon Valley--and her partner, Tim Williams, started Wireless Access Inc., San Jose. The firm, which develops chip technology to allow small computers to...

Clinton plan to stimulate bank lending gets lukewarm response. (Washington Watch) (Column)
May 1, 1993... President Clinton's proposal to ease the credit crunch by encouraging bank regulators to focus more on the overall strength of a bank and less on the details would be only slightly helpful, say bankers. What's needed more, they say, are some...

Windows word processing makes easier, snappier reports. (Software Review) (Treasury Technology) (Evaluation)
May 1, 1993... Recent columns have examined how Windows has expanded the capabilities of spreadsheets, bank information reporting and treasury workstations. Let's conclude this review by looking at how Windows programs can expand or transform your word...

Turn new proxy statement into peacock, not albatross. (new regulations from the Securities and Exchange Commission) (Viewpoint) (Column)
May 1, 1993... Ever since the Securities and Exchange Commission changed its proxy statement rules last October, corporate feathers have been ruffled. Many CEOs and financial executives, nervous about the approaching proxy season, are fuming that the SEC has...