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May 2, 2012
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Business Finance Today 
  • Investors reduce holdings of eurozone bonds
    Surveys of 55 top investment houses in continental Europe, the U.K., Japan and the U.S. found that holdings of eurozone bonds fell last month to the lowest level in more than a year. Investors are increasing holdings of Japanese and U.K. bonds, according to the polls. Concerns about upcoming elections are expected to add to the shift. "Elections in the euro area may spark renewed political uncertainty amid the euro debt crisis," said Giordano Lombardo of Pioneer Investments. Reuters (5/1) LinkedInFacebookTwitterGoogle+Email this Story
Your Bottom Line 
  • How CEO recruiting affects CFO retention
    Finance chiefs are more likely to resign when their companies hire an outside CEO, according to an analysis by Korn/Ferry International. Fortune 500 companies that recruited an outside CEO between 2010 and 2011 were three times more likely to see a CFO transition in the ensuing years compared with companies that promoted a CEO from their own ranks. The reason could be that external CEOs are more likely to cause a shakeup and recruit new team members. The Wall Street Journal/CFO Journal (tiered subscription model) (5/1) LinkedInFacebookTwitterGoogle+Email this Story
 
In the C-Suite 
  • 4 steps for dealing with subpar employees
    Sometimes, it's better to get rid of a bad employee than to waste your time and attention trying to cope, Erika Andersen writes. The steps for dealing with poor performance are to set expectations, agree on improvements and provide feedback. When all else fails, you should take action to remove the person. Failing to do so can ruin your credibility with the offending employee and other team members. Forbes (4/30) LinkedInFacebookTwitterGoogle+Email this Story
Featured Content 
 

SmartPulse  
  • In a recent poll, 2 out of 3 companies were concerned about talent retention in an improving job market. How is your company feeling?
    Somewhat concerned  59.74%
    Not at all concerned  22.73%
    Very worried  14.29%
    Not sure  3.25%
  • Star search: The majority of poll respondents indicated they're worried about retaining their top talent, with 14% very worried and 60% somewhat concerned. On the other hand, 23% are not at all concerned. Only 3% said they were unsure. --Cindy Kraft, the CFO Coach
  • A recent study suggests finance might not wield as much influence at the executive table as once thought. Who has the most strategic influence in your company?
Finance
HR
Finance and HR equally
Neither
Not sure

On the Move 
Off the Charts 
  • Postcard arrives at destination after 50 years
    A Facebook user tapped her social network to locate the recipient of a long-lost postcard. The card, which left Chicago in 1958, recently arrived at the home of Elizabeth Fulcher in Florida. She was then able to track down the addressee, 71-year-old Virginia resident Scott McMurry, through the Internet. The card had been sent to McMurry by his mother after a visit to Shedd Aquarium. Chicago Sun-Times (5/1) LinkedInFacebookTwitterGoogle+Email this Story
SmartQuote 
The less you put 'I' in influence, the more likely influence will occur."
--Ginny Whitelaw, writing in the FC Expert Blog at Fast Company online
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