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The Best Time to Make a Profit is ALWAYS

Michigan CFO

And in Q1 of 2017, investors were pleased the company reduced its quarterly loss to $708M from the Q4 2016 loss of $991M. From CNNtech: “To many readers, the loss is nothing short of staggering. Losses down, even though they keep investing heavily around the world.” The time to be profitable is ALWAYS.

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Capital One 2Q Surges On Card Spend

PYMNTS

Capital One reported a robust second-quarter performance as the bank had increased spending and lowered losses in its credit card business. Chairman and CEO Richard Fairbank said the company showed strong year-over-year growth in pretax income, driven by revenue growth and significant improvements in provision for credit loss.

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Will Members-Only Bed Bath & Beyond Be Able To Compete With The Coupons?

PYMNTS

In a retail reality where everything is always on sale, coupons were the clever method by which brick-and-mortar shops drew in customers with deals. Because everything is always on sale and because there are any number of ways to collect digital coupons and discounts, who needs all the extra paper?

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Transcript: Steven Klinsky

Barry Ritholtz

They have $37 billion in clients and their own funds, of which they have invested across a variety of disciplines from credit to strategic capital, as well as taking companies private and helping them grow into something more substantial than they’ve been in the past. It was between corporate law and investment banking.

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Nonprofit Accounting Basics for Founders, Board Members & Executives

The Charity CFO

You can grasp nonprofit accounting basics in just a few minutes, even if you’ve never taken an accounting course (and even if you hated math in high school). The basic accounting principles for nonprofit organizations are the same as accounting for for-profit companies. . Sales of products or services. Grant funds.

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Transcript: Kristen Bitterly Michell

Barry Ritholtz

She is Head of North America Investments for Citi Global Wealth, which is a giant wealth management arm of the giant Citibank. It’s a town of about 4,000 people, so exposure to markets or investment banking or any of the careers in finance was not something that you really envisioned. Her name is Kristen Bitterly Michell.

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Transcript: John Hope Bryant

Barry Ritholtz

I went home, got my mother, I sold my mother on making a $40 investment. I made $300 a week on a $40 investment. So I think that resiliency piece, never giving up, never giving in, redefining, Barry, success as going from failure to failure without loss of enthusiasm, I think that’s everything. RITHOLTZ: Right.