PYMNTS

MARCH 27, 2019

On-demand workspace startup WeWork has secured significant funding from investors and has aggressive plans for global expansion, but the company’s losses are ballooning, according to reports in The New York Times this week. According to the company’s latest financial disclosure, the firm’s losses have hit $1.9

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Profit and Loss Startups Valuation Securities 43

PYMNTS

MAY 22, 2020

A large share of the banking sectors of nine advanced economies, by assets, may not be able to bring in profits higher than their cost of equity in 2025, according to a simulation exercise cited in the “Global Financial Stability Report” by the International Monetary Fund (IMF).

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CFO News Room

JANUARY 19, 2023

But questions remain about how secure and reliable it is when compared to traditional brokerages. These protections help safeguard investors’ funds and securities in the event of a brokerage firm’s failure or other financial losses. SIPC stands for the Securities Investor Protection Corporation. Is Robinhood Safe to Use?

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CFO News Room

FEBRUARY 3, 2022

Check out the companies making headlines before the bell: Boeing (BA) – Boeing reported a loss of $7.69 Analysts had expected a loss of 42 cents per share. AT&T (T) – AT&T gained 1% in the premarket after reporting better-than-expected fourth-quarter profit and revenue. per share for the fourth quarter, as it took $4.4

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Profit and Loss Forecasting Marketing Securities 100

PYMNTS

APRIL 3, 2019

The funds will be used for global expansion and product development, as well as a move into the security token market. The data is clear that, today, the most likely consumer loss scenario for any cryptocurrency company is hot wallet loss, due to hacking,” wrote Philip Martin, Chief Information Security Officer at Coinbase in a blog post.

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Valuation Securities Profit and Loss Investments 59

PYMNTS

FEBRUARY 25, 2020

As Uber aims to stem losses from its Eats business in places where there is no indication that it will turn into a number one or two player, the executive leading the Eats business of Uber is departing the firm. Securities and Exchange Commission filing. percent business stake. Zomato was valued at $3.55

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PYMNTS

FEBRUARY 13, 2019

The Securities and Exchange Commission (SEC) charged a former Apple lawyer with illegal insider trading on Wednesday (Feb. According to the SEC complaint, he was “responsible for Apple’s compliance with securities laws.”. 13), according to a report by CNBC. He was terminated in September. District Court of New Jersey.

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Compliance Securities Profit and Loss Sales 53

CFO News Room

NOVEMBER 23, 2022

He then moved to the security construction technology company ICx Technologies as division controller. This meant everyone felt empowered to make the appropriate decisions to drive the company’s profitability”. “By This provided a great grounding once he took on the Financial Controller role at a division of Kodak. .

Finance 130

Finance Profit and Loss Construction Transportation 130

Barry Ritholtz

MARCH 28, 2024

“Our comforting conviction that the world makes sense rests on a secure foundation: Our almost unlimited ability to ignore our ignorance.” – Daniel Kahneman The loss of Danny Kahneman is a reminder that we should review some of his work and apply them to the current market.

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Profit and Loss Manufacturing Economics Marketing 135

Barry Ritholtz

DECEMBER 7, 2023

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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Profit and Loss Benchmarking Retail Securities 95

PYMNTS

FEBRUARY 6, 2019

The company isn’t profitable yet, and probably won’t be for a while. Since PDD went public, it has been hit with net losses of $981.4 Q4 revenue jumped 697 percent year-on-year to $491 million, although the operating losses increased as well. The social component is especially popular with women. million in Q2 and $159.9

eCommerce 53

eCommerce Profit and Loss Securities Entertainment 53

Barry Ritholtz

APRIL 27, 2024

Novo Nordisk’s factories work nonstop turning out Ozempic and Wegovy, its blockbuster weight-loss drugs, but the Danish company has far bigger ambitions. ( Novo Nordisk’s factories work nonstop turning out Ozempic and Wegovy, its blockbuster weight-loss drugs, but the Danish company has far bigger ambitions. (

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Profit and Loss Banking Securities Sales 67

PYMNTS

DECEMBER 3, 2019

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).

Benchmarking 54

Benchmarking Profit and Loss GAAP Accounting Principles 54

CFO Simplified

MARCH 11, 2024

But what’s missing is the “home care” that’s needed to make sure that their firm is running efficiently and profitably. Financial Management: Many lawyers lack formal training in financial management, which can lead to challenges in budgeting, cash flow management, and understanding profitability. Impressive – really.

Profit and Loss 52

Profit and Loss CFO Risk Management Invoicing 52

Musings on Markets

MAY 5, 2023

A bank collects deposits from customers, offering the quid quo pro of convenience, safety and sometimes interest income (on those deposits that are interest-beating) and either lends this money out to borrowers (individuals and businesses), charging an interest rate that is high enough to cover defaults and leave a surplus profit for the bank.

Banking 76

Banking Profit and Loss Securities Investments 76

CFO News Room

FEBRUARY 3, 2023

Businesses often treat layoffs as one of several tools they can deploy to increase profitability. What I found was that the struggle to maintain self-respect in the face of job loss was palpable, particularly for men. Using research, I will explain how job losses make traditional gender roles more salient.

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Profit and Loss Planning Economics Finance 130

CFO News Room

JANUARY 3, 2023

Marte said, adding that Chewy is working to grow profits and taking out costs. Its net profit was $2.3 million loss in the year-ago quarter. Its net profit margin rose from minus 1.5% Seth Basham, an analyst at financial firm Wedbush Securities Inc. “In The savings amounted to about $60 million a year, he added. .

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Profit and Loss CFO Corporate Finance Retail 100

CFO Leadership

JANUARY 25, 2024

The convergence relates to the fact that CFO priorities increasingly mirror the organization’s strategic priorities: Rapidly elevate the quality and reliability of ESG reporting, blunt the bruising impacts of inflation, fortify data security and privacy capabilities, and get new GenAI solutions in place. Inflation Reduction Act.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance Finance 52

PYMNTS

FEBRUARY 14, 2018

After a series of earning performances that left investors disappointed, OnDeck reported a profitable Q4. We believe OnDeck now has the right foundation from which to drive profitable growth and shareholder value.”. Provision for loan losses was $34.4 By the Numbers. percent of term loan originations. percent, down from 16.9

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Profit and Loss Risk Management CFO Forecasting 40

CFO Leadership

JANUARY 5, 2024

The convergence relates to the fact that CFO priorities increasingly mirror the organization’s strategic priorities: Rapidly elevate the quality and reliability of ESG reporting, blunt the bruising impacts of inflation, fortify data security and privacy capabilities, and get new GenAI solutions in place. Inflation Reduction Act.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Compliance CFO 52

Simply Treasury

MARCH 25, 2020

A business can be profitable, generate returns and fall due to lack of liquidities. Bankruptcy occurs when the company defaults, not when it records losses. I am afraid that there will be deaths on the side of the road if the pandemic persists because many do not have enough security of their liquidities.

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Treasury Profit and Loss Entertainment Transportation 130

Simply Treasury

MARCH 25, 2020

A business can be profitable, generate returns and fall due to lack of liquidities. Bankruptcy occurs when the company defaults, not when it records losses. I am afraid that there will be deaths on the side of the road if the pandemic persists because many do not have enough security of their liquidities.

Treasury 130

Treasury Profit and Loss Entertainment Transportation 130

PYMNTS

AUGUST 29, 2016

Blowing around last week was the revelation that Uber is good at lots of things, but as of yet, turning a profit isn’t quite one of them. Uber: Lots Of Patrons, Still Looking For A Profit. Gupta has reportedly told investors that second quarter losses are up, even in the U.S., where the firm reported a Q1 profit.

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Profit and Loss Advertising Accounting Securities 40

PYMNTS

AUGUST 14, 2020

“This group of lenders has repeatedly resorted to baseless accusations in an attempt to enrich themselves and hurt the company by blocking Revlon from exercising its contractual rights to secure the financing necessary to execute our turnaround strategy and navigate the Covid-19 crisis,” Revlon said in an earlier statement.

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Profit and Loss Banking Investments Finance 108

PYMNTS

OCTOBER 21, 2020

Swedish peer-to-peer (P2P) lending startup Lendify has secured $115 million in funding from Insight Investment, according to a Bloomberg report on Wednesday (Oct. Although it is not profitable yet, Lendify’s CEO said the company is faring better than anticipated amid the pandemic. billion kronor infusion.

Startups 103

Startups Profit and Loss Investments Banking 103

PYMNTS

SEPTEMBER 9, 2020

Securities and Exchange Commission (SEC), Snowflake said, “We believe in a data connected world where organizations have seamless access to explore, share, and unlock the value of data.”. Revenues, however, are not profits. Snowflake reported a net loss of $348.5 million in 2019 — and losses so far this year total $171.3

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Profit and Loss Valuation Investments Sales 75

Jedox Finance

OCTOBER 6, 2022

The profit and loss statement is one of the main parts of the annual statement that companies must prepare at the end of a financial year, along with the cash flow statement and accounting balance sheet. This article discusses influential factors, advantages, and common problems considering the profit and loss statement.

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Profit and Loss GAAP Accounting Principles Accounting 52

Future CFO

JANUARY 4, 2023

In addition, this trend is expected to continue with digital native retailers set to more than double their revenue share from 15% to 35% by 2030 as loss-making retailers fail and disappear from the playing field, according to a Bain study. Undergo a customer epiphany. Grow beyond trade. Play talent Tetris.

Retail 52

Retail Profit and Loss Advertising Forecasting 52

PYMNTS

JULY 5, 2020

While the rest of the company’s divisions have been touted as highly-profitable, it now appears to be just a show, the report found. But such profits did not exist, the Times reported. A special audit conducted late last year by KPMG and seen by the paper revealed the profits appear to have existed largely on paper.

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Auditing Profit and Loss Valuation Accounting Firms 68

PYMNTS

AUGUST 9, 2020

German prosecutors have charged former Wirecard CEO Markus Braun and two other executives on suspicion of orchestrating a criminal enterprise to inflate revenue and balances to hide billions in losses. Last week, three of Wirecard’s biggest lenders filed earnings reports that declared substantial losses to the collapsed company.

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PYMNTS

AUGUST 25, 2019

The demand for improved security and authentication is growing in part due to the rise in hackers, the article said. The company’s S-1 filing shows that it is not yet profitable but shows promise, with $112.9 Its net loss was $3.1 Its net loss was $3.1 million in revenue in the first six months of 2019 versus $99.5

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Profit and Loss Planning Valuation Securities 63

PYMNTS

SEPTEMBER 30, 2020

Securities and Exchange Commission (SEC) claims that a Florida digital currency trader purportedly bilked customers out of $6.8 The agency claimed that the defendant scammed investors between January 2018 and January 2019 as he purported to never finish a trading day with losses. million, CoinDesk reported. District Court.

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Profit and Loss Currencies Securities Retail 60

PYMNTS

DECEMBER 9, 2020

In the quarter ending in June, DoorDash posted a profit of $23 million on revenues exceeding $675 million. The following quarter showed losses on elevated revenue of $879 million. Goldman Sachs and JPMorgan Chase are leading the DoorDash IPO. The company is expected to begin trading on Wednesday (Dec.

Valuation 77

Valuation Profit and Loss Startups Securities 77

PYMNTS

DECEMBER 7, 2017

Yet, he noted, banks build into their profits margin an allowance for payments fraud, functioning almost like a loan loss reserve. And though the web may offer convenience, it offers not much in the way of security. Security only works if both ends are using the network — and the world is a big place with lots of banks.

Securities 40

Securities Banking B2B Profit and Loss 40

CSC Advisors

JUNE 27, 2023

You are not alone if it took you months to secure money from PPP round one, and now some are eligible for drawing from round two. Every potential borrower must calculate revenue reduction and prove the 25% loss via gross receipts. You do not add the net profit amount but focus only on the payroll costs.

Profit and Loss 52

Profit and Loss Numbers Treasury Investments 52

Bramasol

SEPTEMBER 10, 2023

Fraud Detection and Security : AI and machine learning models are key for fraud detection in subscription-based services, protecting both businesses and customers from unauthorized access and financial losses. Two of the most important issues involve the security and timeliness of data used to train the AI models.

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SAP B2C B2B Microsoft Office 89

PYMNTS

OCTOBER 16, 2020

Financial crime is a constant worry for banks, credit unions, FinTechs and other financial institutions (FIs) and businesses, with total fraud losses totaling $1.45 The nation’s banks managed to reduce their financial crime losses by 374.3 Bank customers are largely on board with these new security measures, but only t o a point.

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Profit and Loss Leverage Banking Securities 89