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Netflix, Lululemon, DocuSign and more

CFO News Room

The firm’s analyst cited falling demand amid weaker economic conditions. after giving an upbeat revenue forecast and reporting better-than-expected quarterly results after the bell Thursday. These debtholders are joining together amid reports earlier this week that the company is looking to restructure its debt, the paper said.

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Four Things Walmart’s Strong Earnings Say About Retailing To A Pandemic World

PYMNTS

The results reversed a trend from last quarter, where the chain was one of many physical retailers facing a tepid holiday season that missed analyst expectations for sales, comparable-sales growth and earnings across the board. But things have reversed dramatically for the retailer amid the COVID-19 pandemic. percent to $134.6

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Debt Traps – And Bankruptcies – May Spread As A Coronavirus Side Effect

PYMNTS

There’s nowhere to hide from the crippling economic effects of the coronavirus. The Wall Street Journal reports that certain verticals, such as retail and energy, had already been on relatively shaky ground with onerous debt loads before COVID-19 came to the fore. Neiman Marcus may file. corporate debt stood at $64.1

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Signs Of Inflation In The US

PYMNTS

Economists had forecasted that the CPI would move up by 0.1 A disappointing economic report for August, weak retail sales and industrial production and slower job growth are expected to prevent the Fed from increasing interest rates at least until December. The CPI increased 1.1 percent last month. percent in July.

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The Long Climb Back From Ghana’s Banking Crisis

PYMNTS

The bank went on to note that it had attempted to work with the FIs to move them back to solvency through the actions of their shareholders, but that all closed-down institutions had remained insufficiently capitalized after over a year of attempted restructuring. But when it came time to collect their funds, they found they were unable.

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Transcript: Armen Panossian

Barry Ritholtz

So you have almost a doubling of the interest coupon paid by some of these businesses against the backdrop of c ovid 19 inflation and some of the economic pressures that come with, with those factors. We are not macro forecasters, but we are macro aware understanding what’s happening in the economy with technicals in the markets.

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Transcript: Jonathan Miller

Barry Ritholtz

RITHOLTZ: Everybody’s been forecasting incorrectly about recessions, about rate cuts. MILLER: And my wife always kids me about being overly eager to pay full retail. RITHOLTZ: That’s assuming Goldman is right. MILLER: Correct. So let’s talk a bit about, I want to talk about rates and I want to talk about supply.

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