Shining a Light on Earnings Adjustments
Finance will have to make some judgments when trying to present a normalized view of ongoing financial performance.
Scorecard: Safeguarding Working Capital
A disrupted economy will make it harder to manage receivables, payables, and inventory with efficiency.
24 Hour Fitness Files for Bankruptcy
“If it were not for COVID-19 and its devastating effects, we would not be filing for Chapter 11.”
BP Faces $17.5B Q2 Hit
The oil giant lowered its oil price expectations through 2050 due to the COVID-19 pandemic.
Cinema Chain Merger Heads for Court Fight
Cineplex accuses Cineworld of "buyer's remorse" and seeking to avoid its obligations under the merger agreement because of the COVID-19 pandemic.
Avoiding the COVID-19 Wave of Securities Litigation
What might event-driven securities litigation during this period look like?
Chewy Gets Boost From Stay-At-Home Orders
The online pet food company's 46% jump in Q1 sales reflects "the significant change that occurred in consumers’ shopping behavior as the pandemic spread."
May Jobs Report Much Stronger Than Expected
The U.S. unemployment rate fell to 13.3% in May as states reopened.
Senate Passes Bill Extending Time to Use Paycheck Protection Loans
The program has given out 4.4 million forgivable loans so far.
Smartphone Market Seen Falling 11.9% in 2020
"What started as a supply-side crisis has evolved into a global demand-side problem."