article thumbnail

What Are the Best & Worst-Case Tariff Scenarios?

Barry Ritholtz

Think of this as the discounting function of the markets, assessing a range of corporate revenues and profits over the next four quarters. equities implies a significantly lowered set of revenues and profits the following year. The US remains the global economic, military, and political leader.

article thumbnail

The Future of Finance and Sustainability with Elizabeth Burns

CFO Talks

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 98
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Poshmark Files For IPO After Posting Record Profits

PYMNTS

Secondhand eCommerce platform Poshmark filed for an initial public offering (IPO) after posting more than $30 million in profit across two consecutive quarters. “We We only recently became profitable and have experienced net losses. The Silicon Valley startup posted a net loss of $14.5 million last year.

article thumbnail

1st Quarter 2024 Economic And Market Outlook: Potential Increased Volatility, Threats To Economic Growth, And Equity Markets

Nerd's Eye View

Yet, by taking a measured look at factors driving economic activity and influencing behavior, advisors can help clients face risks they can't control and (hopefully) position themselves to take advantage of opportunities as they develop. Meanwhile, a smorgasbord of potential risks threatens economic growth's "soft landing" narrative.

article thumbnail

ADQ To Purchase Odeabank

Global Finance

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.

article thumbnail

DraftKings, Cinemark, Hershey and more

CFO News Room

in premarket trading despite reporting a smaller-than-expected quarterly loss and revenue that topped Wall Street forecasts. The sports betting company also raised its revenue guidance and warned a prolonged economic downturn could impact spending by its customers. Cinemark (CNK) – The movie theater operator’s stock rallied 6.5%

article thumbnail

FDIC: US Banks See Chargebacks Soar, Profits Tank Due To Pandemic

PYMNTS

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, according to Reuters. The profits only hit $18.5 billion as the coronavirus pandemic continued to cause lenders to write off delinquent debt and horde billions to prevent more losses later on.