Robert Young
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Exxon’s $19.1 Billion Cash Quarter Funds Buybacks and Debt Reduction
Exxon funded investment, shareholder distributions and debt reduction in one quarter. The finance test is whether…
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FMC Takes a $639 Million Revenue Hit to Reset Channel Pricing
FMC’s channel-pricing reset cut reported revenue by $639 million. The finance test is whether simpler gross-to-net…
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Nonprofit Growth Plans Are Outpacing Finance Capacity
BDO’s 2026 nonprofit survey shows program expansion rising alongside investment in finance systems, risk and compliance—but…
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Microsoft’s Voluntary Exit Offer Tests Workforce Capacity Planning
Microsoft’s voluntary exit offer may reduce headcount, but the finance test is net savings after backfills,…
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Starbucks Closed 250 Stores Before Planning 1,200 Openings
Starbucks closed 250 stores while North American margin rose 780 basis points. Its next test is…
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Xerox Suspends Dividends as Free Cash Flow Falls to $7 Million
Xerox improved adjusted operating margin, but weaker cash flow, a dividend suspension and a debt exchange…
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Hospital Billing Problems Reach MPT’s Balance Sheet
A hospital operator’s revenue-cycle problems caused missed rent after working-capital advances, turning collections into a landlord…
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Carrier Records $3.1 Billion Europe Goodwill Impairment
Carrier’s $3.1 billion Europe goodwill impairment is non-cash, but it still reopens the acquisition assumptions behind…
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GDP Grew 3.4%; Real Disposable Income Fell 0.3%
Third-quarter U.S. GDP accelerated, but September real disposable income fell. What the split signal means for…
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AICPA’s SOC 2 Draft Brings AI Into Vendor Assurance
The AICPA’s October 28 announcement of proposed 2027 SOC 2 Trust Services Criteria puts artificial intelligence…