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December 3, 2012
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Business Finance Today 
  • Delta reportedly bids for hefty stake in Virgin Atlantic
    Singapore Airlines is discussing the possible sale of its 49% stake in Virgin Atlantic with several bidders including U.S. carrier Delta Air Lines, people familiar with the matter said. Delta is interested in Virgin's landing rights at London's Heathrow Airport, they said. Reuters (12/2) LinkedInFacebookTwitterGoogle+Email this Story
Your Bottom Line 
  • Companies become cautious of IPO market
    At least 12 initial public offerings were withdrawn in November, according to Dealogic, suggesting that the IPO market is slowing as the year comes to a close. The last time so many IPOs were pulled was in December 2008, when 18 were withdrawn. There has been a surge of secondary offerings instead in anticipation of capital-gains tax increases. The Wall Street Journal/CFO Journal (tiered subscription model) (11/30) LinkedInFacebookTwitterGoogle+Email this Story
  • Tips for CFOs to work more closely with chief risk officers
    Finance execs and chief risk officers need to work closely to handle the regulatory and economic climate, write Paul Boulanger and Steve Culp of Accenture. Ways to strengthen this relationship include integrated and shared data sources, jointly developing risk and capital models, and rotating staff between the risk and finance functions. "As our research indicates, the CFO-CRO partnership is in transition, and given so much global uncertainty the partnership may continue to evolve," they write. Business Finance (11/30) LinkedInFacebookTwitterGoogle+Email this Story
In the C-Suite 
  • 8 steps to adding a skill to your tool box
    Learning new skills is important for advancing in the business world, but you should make sure you have chosen an attainable goal and you are willing to put in the work necessary to achieve it, experts say. "Many people implicitly believe that if you have to work hard at something, it means you lack ability. This is rubbish," Joseph Weintraub of Babson College says. You can determine how best to learn an ability by examining the techniques that have worked for you in the past, motivational psychologist Heidi Grant Halvorson says. Harvard Business Review online/HBR Blog Network (11/29) LinkedInFacebookTwitterGoogle+Email this Story
  • Is a noisy surprise a smart leadership strategy?
    Debbie Brown writes that she received a mixed reaction from colleagues and surprised herself when she slammed a table during a meeting to get their attention to move the conversation forward. Her peers' reactions might have been influenced by cultural factors; her colleagues from the West viewed it as a positive action, but one from the East disagreed. "I wondered if it were a man hitting the table whether the feedback would have been the same," Brown writes. WomenOfHR.com (11/29) LinkedInFacebookTwitterGoogle+Email this Story
On the Move 
  • Joseph Dwyer has been appointed CFO at Virtual Piggy. He has two decades of experience in the software industry. RTT News (11/29) LinkedInFacebookTwitterGoogle+Email this Story
  • Michael Haines will be CFO at Retail Opportunity Investments. Haines was chief accounting officer at Pacific Office Properties Trust. RTT News (11/30) LinkedInFacebookTwitterGoogle+Email this Story
Off the Charts 
  • France's consumption of wine declines
    France's consumption of wine has deteriorated significantly over the past several decades. In 1965, the average French adult consumed 160 liters of wine a year, compared with 57 liters a year in 2010. In 1980, more than half of French adults drank wine every day; in 2010, 17% did so. Los Angeles Times/Money & Co. blog (tiered subscription model) (11/30) LinkedInFacebookTwitterGoogle+Email this Story
Most Read by CFOs 

Top five news stories selected by SmartBrief for CFOs readers in the past week.

  • Results based on number of times each story was clicked by readers.
SmartQuote 
Investors are taking any gain off the table, which is acting as an overall depressant on the market."
--Kathleen Smith, co-founder of Renaissance Capital, as quoted by The Wall Street Journal's CFO Journal
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