Corporate Cashflow Magazine articles from May 1995

Corporate Cashflow Magazine archives from May 1995

Pending tort reform promises to tame insurance costs.
May 1, 1995... As tort reform advocates prepare for an ugly Senate battle, corporate treasury and risk managers can anticipate the effect such a law will have on their exposures and take steps to reduce their insurance costs. "Meaningful tort reform should...

Currency netting service could spread to corporations. (Multinet International Bank)
May 1, 1995... As revenue from international sales swells for U.S. corporations and as the dollar slides to postwar record lows against the Japanese yen, a number of companies are rethinking their currency risk management strategies. "We're getting nervous...

Companies use excess cash to fund stock buyback programs.
May 1, 1995... Strong corporate balance sheets are leading companies to approve stock repurchase programs at record levels. Authorizations in 1994 topped $68 billion, overtaking the $64-billion record set in 1989, says Mike Basch, director of research at...

Peso crisis creates emerging market buying opportunity. (Mexican financial crisis)
May 1, 1995... As the Mexican financial crisis pushes down stock prices in Third World countries, some pension fund investors are sensing a buying opportunity. Emerging markets had a run up in the third quarter of 1994, notes Reza Vishkai, associate director...

Analysis software lets plan sponsors trim consultant cost.
May 1, 1995... Treasury professionals, armed with new investment analysis software, are taking over a role once reserved for the pension consultant. Increasingly, plan sponsors ask their own treasury staffs to screen potential fund managers and to evaluate...

Airborne cash investing: portfolios for the '90s. (hedged alternative investment techniques)(Cover Story)
May 1, 1995... Over the past ten years, yields on traditional cash investments such as T-bills, commercial paper and CDs have fallen 67%. While low rates have rewarded net borrowers, they pose a serious problem for short-term investors. Now there is a...

To sweep or not? (investment sweep products)
May 1, 1995... Why 'Yes' is winning To maximize the value of available cash, diverse corporations are re-examining the way they manage excess funds in their demand deposit accounts. Traditionally, many cash managers have left these funds in corporate...

A treasurer's map of South Africa. (includes related article)
May 1, 1995... The economic and political transformation of South Africa is under way. Its population (39 million), natural resources (a large share of the world's production and supply) and sophisticated financial infrastructure give it enormous potential. A...

How convertible securities cut issuers' debt costs. (includes related article)
May 1, 1995... With stock prices low and interest rates rising, what is the best way for a corporate treasury manager to raise capital? The answer might be to issue both stock and bonds, but in one hybrid package as a convertible bond. Convertible bonds...

Why accounting proposal raises new perils. (Financial Accounting Standards Board's proposed law on derivatives)
May 1, 1995... Last year's much publicized derivative disasters focused attention on a real problem: Some of the most important financial assets and liabilities of American corporations were not even reported in public financial statements. The kind of highly...

Try the automated clearing house to save time and cash.
May 1, 1995... The automated clearing house (ACH) is an association of financial institutions committed to replacing paper transactions with electronic payments. Its members include banks, credit unions and savings and loan associations across the nation....

Securities litigation reform puts lawyers on the defensive. (includes related articles)
May 1, 1995... Eager trial attorneys are on the defensive now, trying hard to preserve a powerful weapon - securities fraud suits - that has helped them bully corporations out of millions. Legislative reform is necessary, corporations say, because such suits...