Royal Caribbean’s CFO plans to use the proceeds from a $1.5 billion share sale to boost the cruise operator’s liquidity and, potentially, to reduce its debt.
The recent surge of small investors into some companies’ stocks is pushing investor relations departments to seek ways of engaging with their new shareholders.
The run-up in GameStop’s share price this week is adding pressure on the company to deliver a turnaround that can be embraced by more than meme-stock believers.
Software firm Autodesk has poached the finance chief of SurveyMonkey to fill its void for the role of chief financial officer.
The Wirecard scandal is leading to more exits, with the head of Germany’s accounting regulator stepping down and auditor Ernst & Young naming a new leadership team in the country.
GameStop’s finance chief was forced out of his role as activist investor Ryan Cohen pushes for a digital transformation of the ailing videogame retailer, people familiar with the matter said.
GameStop’s finance chief is leaving weeks after a social-media-led frenzy sent the company’s share price soaring, only for it to fall afterward.
About a year into the pandemic, some companies continue to use accounting cosmetics to add gloss to their financial results.
Finance chiefs in pursuit of mergers and acquisitions are facing high asking prices and strong competition from other dealmakers, leading some of them to seize the opportunity while others are holding off.
CFOs say the swings in the price of bitcoin could have negative effects on their balance sheets and question whether the practical uses of cryptocurrencies are worth the risk.