by Tammy Whitehouse Auditors are reminding companies to take a close look at their accounts payable to be sure they haven’t inadvertently created debt that might alter leverage ratios and violate other loan covenants. As companies and their lenders have innovated in recent years in search of new ways to access working capital, structured payable […]
Robert Rostan, CFO and Princpal at Training The Street, says the nearly 2 percent rise in the stock on Monday suggests that the impact of the accounting probe is now behind Toshiba.
http://www.bloomberg.com/news/articles/2015-08-13/biggest-lbo-of-year-signals-appetite-may-be-growing-real-m-a By Brooke Sutherland Carlyle Group LP’s $8 billion purchase of Symantec Corp.’s data-management business shows big buyouts can still happen. The deal announced Tuesday was the largest private-equity takeover of a U.S. company so far this year. It may not hold that title through December. While the purchase price is a far cry from the record […]
By Konrad Putzier Glenn Rufrano has a long to-do list. Rufrano, who was tapped to take over the scandal-plagued American Realty Capital Partners in April, is now in the thick of trying to turn the real estate investment trust around. The industry is waiting with bated breath to find out exactly what his game plan is. The CEO […]
By Tammy Whitehouse Hertz Corp. has reported the latest chapter in the drama that is its restatement of 2012 and 2013 financial statements. There are plenty of cautionary tales for compliance and audit executives willing to do the reading. Hertz filed its latest Form 10-K on July 16, and amid news of $11 billion in […]
Training The Street (TTS), the leading corporate training provider for Wall Street firms and top business schools, today announced its partnership with Venture for America (VFA), a non-profit organization that encourages entrepreneurship amongst college graduates to aid struggling cities across the U.S. This year’s full incoming class of 122 VFA fellows will participate in a […]
http://poetsandquants.com/2015/06/27/google-most-popular-employer-for-mbas/3/ By Jeff Schmitt Banking is dead. Millennials would rather start their own businesses, critics say. They don’t want to work 80 hours in a burn out job. Of course, they’re looking to make a difference, not a fortune. At this rate, why would anyone want to go into banking? Three words: Money…power…access. Oh, and […]
– Sixth Annual Survey Shows Private Equity and Hedge Funds Gaining in Popularity as Career Choice for MBAs — NEW YORK, June 23, 2015 — A recent survey of MBA graduates and students conducted by Training The Street (TTS), the leading corporate training provider for Wall Street firms and top-tier business schools, found that 43% […]
http://www.businessinsider.com/wall-street-interns-are-getting-younger-and-smarter-2015-6 By Portia Crowe As the founder and CEO of Training The Street, Scott Rostan has been teaching financial-training courses to interns and analysts at Wall Street firms as diverse as Credit Suisse, UBS, and the Blackstone Group for more than 15 years. Before that, he was a new hire himself on Merrill Lynch’s investment […]
Monday, 11 May 2015 | 3:52 PM ET Discussing jobs, interest rates and the Fed, with Scott Rostan, Training The Street, and Anthony Chan, Chase chief economist.