article thumbnail

10 Thursday AM Reads

Barry Ritholtz

New York Times ) • Spotify Is Screwed : Spotify is the world’s biggest music streamer but rarely turns a profit and just cut 17 percent of its workforce. retailers retracted its claim that “organized retail crime” accounted for nearly half of all inventory losses in 2021 after finding that incorrect data was used for its analysis.

article thumbnail

10 Tuesday AM Reads

Barry Ritholtz

Institutional Investor ) • Retail Group Retracts Startling Claim About ‘Organized’ Shoplifting : The National Retail Federation had said that nearly half of the industry’s $94.5 Wired ) • Greedflation: corporate profiteering ‘significantly’ boosted global prices, study shows. It was likely closer to 5 percent. (

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

How to mitigate insolvency risk

Future CFO

Declining profitability: For example, are your sales lower or your cost of goods sold higher? Poor interest coverage ratio: This shows operating profits may not be able to cover interest expenses. Review the credit terms you extend to customers and suppliers, and benchmark your trade terms against the rest of your industry.

article thumbnail

Zillant Partners With SAP For Pricing Optimization

PYMNTS

Wholesale distributors face “massive complexity,” according to the release, having to juggle numerous products and customers, along with challenges from new startups or nontraditional types of retail.

SAP 80
article thumbnail

World’s Best Banks 2024—Asia-Pacific

Global Finance

Lending rates followed central bank tightening moves, while deposit rates lagged; and across the region, there were some record profits. In Japan, profits at the country’s five most prominent banking groups leapt 56% to a record ¥2 trillion (about $12.6 billion after-tax profit versus $8.3 billion; a 2.3% billion in 2022.

Banking 52
article thumbnail

101 Ways Financial Advisors Can Add Value For Their Clients

CFO News Room

Outside of work, he serves as a volunteer financial planner and class instructor for non-profits in the Northern Virginia area. From there, the advisor can help analyze other factors, such as assessing the potential benefits of tax-loss or capital-gains harvesting or projecting the value of Roth conversions.

article thumbnail

Data Enablers: Valen Makes Insurance Human Again

PYMNTS

I went to the big box retailer’s location near where the flat occurred to get it fixed under the warranty. Imagine my surprise when the manager told me, “It’s not our problem, and I don’t want to fix this because it hurts my store’s profitability.”. Our clients improved their loss ratios by 1.9 How did the company overcome?