Shares of Peloton surged roughly 25% after Barry McCarthy was announced as the new CEO.
Category: CFO Network
Stimulus Bill Before Election Day? Unlikely, Wall Street Says
The upcoming Supreme Court battle all but ensures there won’t be another round of fiscal stimulus until after the election.
Stocks Just Had The Best August Since 1984, But History Shows Trouble Is On The Way
With so much uncertainty on the horizon, the stock market could be in for a rough September and October, market experts say.
Economists Warn U.S. GDP Won’t Recover To Pre-Pandemic Levels Until 2022
A majority of economists think the next stimulus package should be $1 trillion or greater.
Goldman Predicts ‘At Least One’ Vaccine Approval Before The End Of 2020, Raises GDP Estimate
A sooner-than-expected vaccine could save the economy, but there are still risks at play.
The Trade Deal May Be Dead, Trump Says China Relationship ‘Severely Damaged’
The coronavirus pandemic has derailed a phase two trade agreement, Trump said.
Moderna Hires New CFO Amid Race To Develop Coronavirus Treatment
Biotech company Moderna, which is among the leaders in the race to develop a coronavirus vaccine, on Thursday named a sector veteran its new finance chief, as it gears up to launch commercial operations and potentially oversee explosive growth if it su…
Mass Protests Across The U.S. Have No Impact On Stocks—What Gives?
Investors don’t see protests as a threat to either company earnings or an economic recovery, at least not yet.
60% Of America’s CFOs Don’t Expect A Return To Normal Until At Least 2021
Most companies will continue to allow employees to work from home after the crisis is over, findings show.
U.S. Executives Are More Worried About The Economy Than Last Month. Here’s Why.
Business leaders are increasingly concerned with survival, including burning through cash reserves.
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