Covid-19 Archive

Apr 03, 2020
ESG stocks prove their value during Covid-19 crisis
The demand of investors for companies to measure, disclose and explain their ESG credentials has come as a surprise to many corporate leaders around the globe. In the Middle East, for example, the regional legacy of strong CSR programs provided, many believed, precisely the kind of soft, non-core activity that would satisfy ESG investor demands.  Instead, many regional firms have been surprised to find themselves behind the curve, toward the back of the queue when ...
Read more
Apr 02, 2020
ESG and engagement continue amid Covid-19, says Nuveen’s Reali
The Covid-19 pandemic has yet to have much of an impact on shareholder engagement or Nuveen’s pursuit of ESG issues, according to Peter Reali, senior director of responsible investing at Nuveen. The coronavirus outbreak has caused unprecedented disruption to daily and economic life globally in the build-up to the peak of this year’s proxy season, including forcing millions of people to work from home and practice social distancing. But Reali notes that at...
Read more
Mar 31, 2020
NIRI postpones annual conference due to Covid-19
The NIRI annual conference, which was scheduled for June 14-17, has been postponed until further notice, with hopes to reschedule for early December, NIRI president and CEO Gary LaBranche says. NIRI announced the decision to its members on March 26, after the board unanimously voted to postpone the conference last week. LaBranche says NIRI’s leadership is working with the venue – the Fontainebleau in Miami Beach – to secure a new date. All hotel bookings will ...
Read more
Mar 27, 2020
Post-pandemic equity stories: A CEO’s guide to the future
The gift of hindsight, when applied to large-scale crises, can make us all look wise. Looking back, it seems obvious that subprime mortgages were inappropriate vehicles for huge debt investments. Looking back, it seems obvious that Enron, Madoff and Lehman Brothers were not viable businesses. Looking back, it seems obvious that a bull run could not continue forever. The current Covid-19 crisis will be ...
Read more
Mar 27, 2020
Slack CEO lifts lid on earnings amid Covid-19 in tweetstorm
Stewart Butterfield, CEO of work collaboration tool Slack, has given social media an inside look at last week’s fourth-quarter earnings call through a string of updates on Twitter.  The 40-odd posts – published simultaneously in what is known as a tweetstorm – catalogue Butterfield’s thoughts and actions over the last two weeks as he led his company through the growing spread of Covid-19. ...
Read more
Mar 25, 2020
SEC enforcers warn directors about insider trading amid Covid-19
The SEC’s top enforcers have warned directors and executives against taking advantage of developments arising from the Covid-19 pandemic to engage in insider trading. Stephanie Avakian and Steven Peikin, co-directors of the SEC’s division of enforcement, in a statement on Monday emphasized the need to follow corporate controls and procedures during this period. ‘[I]n these dynamic circumstances, corporate insiders are regularly learning new material non...
Read more
Mar 23, 2020
FCA asks UK issuers to delay results amid Covid-19 disruption fears
UK regulator the Financial Conduct Authority (FCA) is asking British firms to delay publication of preliminary results for at least two weeks in response to business disruptions triggered by the Covid-19 crisis in the last couple of weeks, reveals the authority in a statement published last week.  On March 21, the FCA sent a letter to listed companies based in the UK, requesting that firms due to present preliminary financial statements in the upcoming days should ...
Read more
Mar 23, 2020
Most CFOs fear Covid-19 could trigger global recession
A Covid-19-triggered global recession is a top concern for American CFOs as they prepare for falling revenues and a drop in consumer confidence, according to a pulse survey from PwC. In a survey of 50 leaders from a cross-section of industries in the US and Mexico polled during the week of March 9, 80 percent of respondents say they fear Covid-19 will lead to a global recession. When asked to name their top three concerns in response to the pandemic, 48 percent poin...
Read more
Mar 20, 2020
Guest article: Covid-19 becomes Black Swan of 2020
Countries, companies, individuals and institutions are personally impacted by the virus, with lives at risk. Understandably, IR practitioners have been inundated with requests from the investing community and the media regarding the impact on their company, how management is preparing for this Black Swan event, and some basic granular issues related to the employees, customers, suppliers and business contingency and continuity. Singapore leaders have indicated th...
Read more
logo-black logo-black
Loading