CFO News Room

NOVEMBER 19, 2022

in premarket trading after an unexpected return to profitability and better-than-expected sales. in the premarket after the housewares retailer said it would not reiterate or update its outlook through fiscal 2024 due to economic uncertainty. Williams-Sonoma reported better-than-expected sales and profit for its latest quarter.

Profit and Loss 130

Profit and Loss Forecasting Manufacturing Sales 130

CFO News Room

JANUARY 21, 2023

The consumer-welfare standard is nothing more, nor less, than an understanding and acceptance of this fundamental economic reality. It is, instead, a relationship that inheres in the nature of all economic activity. Producers who earn profits have actually produced value; producers who suffer losses have not.

Construction 130

Construction Economics Profit and Loss Planning 130

CFO News Room

NOVEMBER 23, 2022

Deere — Shares of the heavy equipment maker jumped 5.8%, on track for a record close, after the company reported better-than-expected profit and revenue for its fiscal fourth quarter. billion in quarterly losses tied to customers pulling money. Nordstrom also reaffirmed its profit outlook for the fiscal year.

Profit and Loss 130

Profit and Loss Financial Data Sales Economics 130

PYMNTS

JANUARY 5, 2021

4) alongside volatility in highly leveraged futures markets before recovering losses. The institutional parties are usually in the possession of ample funding, sometimes billions of dollars, with which to chase profits they want to acquire. Bitcoin had seen a string of days in which it continually broke records, passing $20,000 on Dec.

Profit and Loss 131

Profit and Loss Currencies Leverage Economics 131

PYMNTS

JULY 13, 2020

Small Business Administration (SBA) announced in a press release the end of the Economic Injury Disaster Loan (EIDL) Advance program. The EIDL was crafted to provide economic relief from $1,000 to $10,000 to businesses and nonprofits that experienced a temporary loss of revenue during the pandemic.

Nonprofit 111

Nonprofit Profit and Loss Healthcare Economics 111

CFO News Room

NOVEMBER 9, 2022

Disney — Shares of the media giant slid more than 11% after the company’s quarterly results missed Wall Street expectations on revenue and profit, as both its parks and media divisions underperformed estimates. after the company reported another quarterly loss as operational costs increased. AMC Entertainment — Shares dropped 9.8%

Profit and Loss 130

Profit and Loss Entertainment Forecasting Technology 130

PYMNTS

APRIL 14, 2020

The International Monetary Fund (IMF) cautioned that COVID-19 has made “cracks” in the worldwide financial system known and “will likely” have financial institutions encounter market and credit losses that will put their reserves to the test. out of work and may bring about the most severe economic downturn as of the Great Depression.

Financial Systems 60

Financial Systems Profit and Loss Marketing Banking 60

Barry Ritholtz

OCTOBER 7, 2024

In a nutshell, the usual suspects’ heads exploded well before the legislation even took effect, claiming it would lead to widespread devastation in the fast food space: job losses, restaurant closures, extreme price hikes, etc. It began with some shoddy reporting at the Wall St. These effects are benign.

Profit and Loss 116

Profit and Loss Forecasting Economics Numbers 116

Simply Treasury

MARCH 25, 2020

This health crisis will have serious economic consequences. A business can be profitable, generate returns and fall due to lack of liquidities. Bankruptcy occurs when the company defaults, not when it records losses. Who could argue that treasury is not one of the major disciplines of finance?

Treasury 130

Treasury Profit and Loss Entertainment Transportation 130

Simply Treasury

MARCH 25, 2020

This health crisis will have serious economic consequences. A business can be profitable, generate returns and fall due to lack of liquidities. Bankruptcy occurs when the company defaults, not when it records losses. Who could argue that treasury is not one of the major disciplines of finance?

Treasury 130

Treasury Profit and Loss Entertainment Transportation 130

PYMNTS

SEPTEMBER 11, 2019

Paytm is perhaps the largest and best-known domestic name in mobile payments in India, but it continues to struggle on the path to profitability. As of its last earnings report, Paytm’s parent firm One97 reported a veritable explosion in losses over the last year, largely driven by the increasing cost of doing business.

Profit and Loss 46

Profit and Loss Forecasting Investments Economics 46

Global Finance

OCTOBER 14, 2024

According to the World Economic Forum, globally reported economic losses attributed to climate and water extremes reached $1.48 The region is grappling with the economic impact of rising temperatures, shifting weather patterns and an increased frequency of natural disasters. trillion in the decade ending in 2019: a 47.9%

Profit and Loss 104

Profit and Loss Economics Risk Analysis Construction 104

Future CFO

OCTOBER 28, 2021

When it comes to profitability during the pandemic, businesses have suffered decrease and 32% of 536 businesses across 26 trade sectors surveyed in Asia Pacific reported 11-30% drop, said Euler Hermes recently when releasing results of a study. 81% of respondents reported that they have suffered decrease in profitability under the pandemic.

Profit and Loss 52

Profit and Loss Risk Management Economics Finance 52

CFO News Room

DECEMBER 1, 2022

Analysts had anticipated a loss of 24 cents for the quarter. It also cut its profit outlook, citing the volatile economic environment. Lands’ End — Shares toppled 30% after the apparel retailer posted an unexpected loss for the recent quarter and revenue fell short of analysts’ expectations.

Profit and Loss 130

Profit and Loss Forecasting Retail Sales 130

PYMNTS

OCTOBER 22, 2020

The pandemic had further cut into the bank's already dwindling profits, Reuters writes, and chief executive Noel Quinn said the cuts were necessary to help HSBC profits improve. The bank employs 235,000 people and warned early in the pandemic that the economic effects could result in $11 billion in loans not paid back.

Profit and Loss 91

Profit and Loss Restructuring Banking Economics 91

CFO News Room

JANUARY 20, 2023

after CEO Sundar Pichai announced the company will lay off 12,000 employees noting in a memo that the company “hired for a different economic reality than the one we face today.” Capital One — Capital One shares gained 5.6%, recovering their losses from the previous session. Alphabet — The Google parent saw shares rise 4.2%

Profit and Loss 130

Profit and Loss Pharmaceutical Manufacturing Forecasting 130

PYMNTS

JANUARY 15, 2021

15) that showed the impact from the pandemic and economic headwinds were not as bad as might have been feared earlier in the year – but caution is still warranted. Earnings got a boost from releasing reserves that had been taken earlier in the year to offset anticipated loan losses, freeing up $2.9 billion at the end of the quarter.

Economics 60

Economics Profit and Loss CFO Banking 60

PYMNTS

APRIL 13, 2020

As reported by the Financial Times over the weekend, joint estimates by Oliver Wyman and Morgan Stanley predict that even with rapid economic recovery seen within six months, profits would decline by 100 percent in 2020 as compared to 2019.

Banking 124

Banking Profit and Loss Sales Communication 124

Barry Ritholtz

MARCH 28, 2024

“Our comforting conviction that the world makes sense rests on a secure foundation: Our almost unlimited ability to ignore our ignorance.” – Daniel Kahneman The loss of Danny Kahneman is a reminder that we should review some of his work and apply them to the current market.

Profit and Loss 136

Profit and Loss Manufacturing Economics Marketing 136

Barry Ritholtz

AUGUST 21, 2023

My back-to-work morning train WFH reads: • The Legendary, Wildly Profitable QQQ Fund Makes No Money for Its Owner : An historical artifact prevents Invesco from profiting from its flagship ETF. Now it is staring down default, facing billions of dollars in losses and $200 billion in unpaid bills. (

Profit and Loss 98

Profit and Loss Construction Leverage Economics 98

PYMNTS

APRIL 8, 2019

The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm. Yet, once a company starts to churn a profit, business owners rarely consider their strategy of an eventual exit or sale.

Profit and Loss 111

Profit and Loss Accounting Financial Data Valuation 111

CFO News Room

NOVEMBER 1, 2022

An Economic Injury Disaster Loan (EIDL) can help you meet financial obligations like rent and health insurance. As their name indicates, business physical disaster loans help businesses cover physical disaster losses. Private non-profit organization. Most private non-profit organizations are eligible for an EIDL.

Profit and Loss 130

Profit and Loss Economics Accounting Planning 130

CFO Talks

NOVEMBER 29, 2024

Notably, she reversed a decade-long loss at Coca-Cola, doubled profits, and restructured major funding. How do you balance achieving strong financial results while also supporting economic development and promoting sustainable growth through corporate social responsibility? Elizabeth Burns: That’s a great question, Leana.

Finance 85

Finance CFO Profit and Loss Leadership 85

Musings on Markets

FEBRUARY 8, 2024

Operating Performance/Profitability Narrative : While it is easy to attribute rising stock prices entirely to mood and momentum, the truth is that momentum has its roots in truth. trillion in market cap, and that 2023 represented a correction back to a level only slightly above the value at the end of 2021.

Marketing 118

Marketing Valuation Profit and Loss Advertising 118

PYMNTS

MARCH 2, 2016

Until last year, it seemed like there was no ceiling the Chinese economy couldn’t simply break through, but as the country’s long-term economic crisis continues, some retailers are seeing their previously impenetrable profit margins dissolving into dust. JD.com announced a loss of 7.63 JD.com announced a loss of 7.63

Sales 40

Sales Profit and Loss CFO Economics 40

CFO News Room

FEBRUARY 3, 2023

Businesses often treat layoffs as one of several tools they can deploy to increase profitability. What I found was that the struggle to maintain self-respect in the face of job loss was palpable, particularly for men. Using research, I will explain how job losses make traditional gender roles more salient.

Profit and Loss 130

Profit and Loss Planning Economics Finance 130

The Charity CFO

JANUARY 17, 2022

The basic accounting principles for nonprofit organizations are the same as accounting for for-profit companies. . Revenue is inflows that increase economic wealth. Expenses are outflows of cash that decrease economic wealth. You would show a large “gain” in September and large “losses” in October and November.

Nonprofit 98

Nonprofit Accounting Profit and Loss Accounts Payable 98

PYMNTS

JUNE 17, 2020

banks took a profit hit of 69.6 US Banks See Chargebacks Soar, Profits Tank Due To Pandemic. bank profits took a hit of 69.6 percent in profits in the first quarter of the year compared to the same time last year. The profits only hit $18.5 percent in the first quarter of 2020.

Economics 52

Economics Profit and Loss Healthcare Compliance 52

Barry Ritholtz

AUGUST 19, 2022

Additionally, the bottom quartile (perhaps even half) of wage earners had been driving Deflation, not Inflation for decades as minimum wage lagged inflation, productivity, corporate profits, and (especially) executive comp. When big reversals occur, the dynamics of that risk/reward ratio change, often leading to losses.

Marketing 128

Marketing Profit and Loss Forecasting Construction 128

CFO News Room

JANUARY 21, 2023

Originally published at openDemocracy The 2023 World Economic Forum (WEF) meeting in Davos started five days ago amid an air of pessimism. It is hardly a surprising figure given 2022 ended with global stocks having fallen by nearly 20%, with market losses of $30trn, the worst since 2008. He is on Twitter at: @ProfPRogers.

Economics 100

Economics Profit and Loss Forecasting Financial Systems 100

Barry Ritholtz

AUGUST 15, 2022

This is supported generally by economic strength in the labor market, strong consumer spending, and record high corporate profits. Since the June lows, we have seen 4 consecutive weeks of market gains (+16.7%) which recovered more than half of the YTD losses. Jordan asks the question “How does the current rally stack up?”

Profit and Loss 131

Profit and Loss Marketing Economics 131

Barry Ritholtz

MAY 21, 2023

ProPublica ) • 1 in 5 Young Chinese Is Jobless, and Millions More Are About to Graduate : The youth unemployment rate, which spiked during the pandemic, reached a record high this week, showing the perils of China’s uneven economic recovery. ( She routinely mistook her adult son for his uncle. Censoring for Strongmen Is Now a Pattern.

Profit and Loss 119

Profit and Loss Healthcare Nonprofit Leadership 119

The Finance Weekly

FEBRUARY 23, 2022

A study by the University of Baltimore and Excel-based FP&A company, , DataRails , lays out the full economic costs of businesses sticking with manually prepared financial reports. This number represents how much of an economic uplift could occur “if FP&A departments hit a conservative 0.1% Breaking down the Math. billion lost.

Financial Planning and Analysis (FP&A) 83

Financial Planning and Analysis (FP&A) Profit and Loss Budgeting Math 83

Global Finance

OCTOBER 29, 2024

Abu Dhabi Development Holding Company (ADQ) has agreed to acquire a 96% stake in Bank Audi’s loss-making Turkish subsidiary, Odeabank, as the United Arab Emirates deepens economic relations with Turkey. State-owned ADQ is nevertheless charged with expanding Abu Dhabi’s investment footprint across various sectors and markets.

Profit and Loss 64

Profit and Loss Foreign Exchange Forecasting Banking 64

CFO News Room

NOVEMBER 15, 2022

By Adnan A Hezri, an environmental policy analyst, Fellow of the Academy of Sciences, Malaysia, and author of The Sustainability Shift: Reshaping Malaysia’s Future and Jomo Kwame Sundaram, former UN Assistant Secretary General for Economic Development. The looming world economic recession is likely to be deeper than in 2008.

Economics 100

Economics Profit and Loss Finance Technology 100

PYMNTS

APRIL 30, 2020

The banks, combined, have set aside $66 billion for the prospect, which is likely due to the number of corporations that may have to default due to the virus’ economic destruction. banks have tended to be more profitable than their European counterparts, perhaps able to afford a significant hit. bank Citi has set aside $7 billion.

Banking 75

Banking Profit and Loss Accounting Standards Economics 75

PYMNTS

APRIL 17, 2020

billion impairment charge and $17-22 million in first-quarter losses. Its COVID-19 financial assistance program for drivers will be accounted for as contra revenue — a deduction from the gross revenue — the major cause of the estimated first-quarter revenue losses. Second-quarter losses are estimated to be $60-$80 million. . “To

Profit and Loss 58

Profit and Loss GAAP Forecasting Economics 58