Category: News
SubscribeIssuers Find a Pandemic Remedy: the Poison Pill
As citizens of the world await a COVID-19 vaccine, public companies are turning to their medicine cabinets for another, older remedy. Those companies are worried that in our pandemic-spooked markets, opportunists will recognize that their s...
Read MoreFASB Gives Issuers a Break on Tough Lease-Accounting Questions
As the pandemic keeps brick-and-mortar businesses shuttered across the country, landlords are giving concessions to retailers, restaurants and offices that have been closed through no fault of their own. That’s welcome news for tenants. But...
Read MoreCorporate Debt Issuances Spike in Pandemic
In the pandemic, we’ve all become hoarders. Toilet paper. Disinfectant. Meat. And apparently, if you are a public company, there’s another staple you’re stockpiling in the basement: cold hard cash. According to data from the Intelligize pla...
Read MorePPP Presents PR, Accounting Pickles for Public Companies
Shake Shack is one of America’s favorite guilty pleasures. But it turns out the Shack isn’t immune to feeling some guilt itself. Last week, it returned a $10 million loan it had ordered from the Paycheck Protection Program (PPP). After disc...
Read MoreWill COVID-19 Be the End of Quarterly Earnings Guidance?
All investors are familiar with the time-honored practice of earnings guidance, in which publicly traded companies issue projections of their future results. The forecasts give the market hints as to what management thinks about the company...
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