S&P 500 Falls as Cruise Stocks Sink, Delta Reports Jumbo Loss, JPMorgan Warns About Loan Losses

The S&P 500 Index (SNPINDEX:^GSPC) fell 22 points, or 0.63%, on Tuesday. Earnings season got underway, with banking and airline giants JPMorgan Chase (NYSE:JPM) and Delta Air Lines (NYSE:DAL) reporting today. Delta had a massive $7 billion loss, while JPMorgan reported a $9.4 billion profit, but both stocks fell as worries about continued economic weakness […]

Fluor Falls on Restated 2019 Earnings, Pulled 2020 Guidance

Shares of Fluor  (FLR) – Get Report dropped on Friday after the oil- and gas-focused construction and engineering company restated its 2019 earnings and pulled previously issued guidance for 2020 following an internal accounting review sparked by a Securities and Exchange Commission probe. Shares of Fluor were down 10.52% at $8.38 […]

Canadian accounting industry is seeing disruptive innovation but still falls behind the U.S. when it comes to digital transformation – Survey

Canadian accounting and bookkeeping professionals are calling for the industry to embrace advanced technology to help them quickly adapt to the cultural shift in the space. According to nearly 60 per cent accountants and bookkeepers in Canada, companies have been slow to adapt to the cultural shift in the industry […]