GLG News by Consumer Packaged Goods Manufacturing Accounting & Finance Professionals

Over the past couple of years, global consolidation has been increasing among the beer brewers.  Think MIller and South African Brewing Co.  Think the purchase of Rolling Rock by Anheuser-Busch.  This trend has continued pace and even the top 4 brewers are signing joint ventures with...

1. The new open skies agreement on Airlines Services between the United States and Euope will provide European Carriers greater access to Domesctic US markets. The European Carriers will take advantage of a lower US Dollar compare to the Euro to gain more revenue from advertising a cheap fare to US....

PE Firms are under scrutiny for a barrage of reasons.  Now, Congress is reviewing how the entities are taxed.  Many feel that PE firms have an unfair advantage by being taxed at the 15% long-term tax rates used for investments, which is unfair since the fees generated are short-term in nature...

Credit cards, loans, and money transfers may get even more competitive as Wal-Mart begins to muscle in on the block.  The recent use by Wal-Mart of third parties to grow into banking reveals that there is a way to get into banking without actually starting a bank.

http://www.cfo.com/article.cfm/9634508?f=home_featured The IASB and FASB are working to reconcile differences on how to apply accounting standards.  However, IFRS is becoming the more popular choice by companies outside the US.  What would happen if the US allowed US companies to perform financial...

Recapitalization of a company is always tricky.  And when a PE firm is doing it to maximize their return be careful.  The number of PE firms that have been created over the past couple years has significantly increased.  The impact on the financial markets is that more money is chasing...

As economic growth slows on a global basis during 2007, its effect will be felt by companies around the globe. However, the economic consequences won’t be shared equally.This analysis looks at how an enterprise risk management strategy can help companies minimize the impact from the myriad of risks...