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SEC Flags Benchmark That Obscured WeWork’s Bottom Line

PYMNTS

The We Company , the parent of WeWork , uses a cash-flow metric called the “contribution margin,” which showed that its core services were profitable, Bloomberg Tax reported on Tuesday (Dec. The use of the metric raised red flags from analysts, though, and got the attention of the Securities and Exchange Commission (SEC).

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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.

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Deep Dive: Credit Unions Work To Keep Members’ Data Private

PYMNTS

Credit unions possess vast troves of personal information such as credit card data and Social Security numbers that could devastate members if leaked. The total financial damage from the leak is still being tallied, but the loss of trust experience by Desjardins’ members cannot be easily undone. CUs’ Tools To Secure Member Privacy .

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Delinquencies Up, But Canadian Firms Prove Resilient Through Market Turmoil

PYMNTS

Mark McCormick, North American head of FX strategy for TD Securities, told The Star in February that global equity market volatility, interest rate hikes by the Bank of Canada and even U.S. Small businesses can benchmark and see how they stack up with competitors,” he said of SMBs’ use of the Index. “If

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2022 Best-Of Highlights From The Nerd’s Eye View Blog

CFO News Room

Outside of work, he serves as a volunteer financial planner and class instructor for non-profits in the Northern Virginia area. stocks (which have a lengthy track record of outperforming inflation over long time horizons) and Treasury Inflation-Protected Securities (TIPS). He can be reached at [email protected]. Read More +.

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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.

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In Search of Safe Havens: The Trust Deficit and Risk-free Investments!

Musings on Markets

The first is that there is no risk that the issuer of the security will default on their contractual commitments. If you do assume that markets will price away this excess profit, you then have the basis for the models that are used to value options and other derivative assets. But what if government securities are viewed as risky?