News & Blog - Training The Street

21 Apr

The Globe and Mail: Scott Rostan in CN Rail tops CP with offer of $30-billion for Kansas City Southern

May 11, 2023
By Training The Street

CN Rail tops CP with offer of $30-billion for Kansas City Southern ERIC ATKINS PUBLISHED APRIL 20, 2021 Canadian National Railway Co. has topped rival Canadian Pacific Railway Ltd.’s offer for Kansas City Southern , igniting a battle for the Missouri-based railway that would give the victor access to key U.S. and Mexican markets. Montreal-based CN offered...

24 Feb

CFO.com

CFO.com: Robert Rostan in 10 Vital Roles for CFOs

May 11, 2023
By Training The Street

https://www.cfo.com/human-capital-careers/2021/02/10-vital-roles-for-cfos/ February 24, 2021 10 Vital Roles for CFOs To ascend to (and remain in) the office of CFO and be great at the job, you will have to master these responsibilities. Sandra Beckwith If CFOs have learned anything in the past year, it’s that they must be agile and innovative leaders skilled at predicting...

03 Feb

AP News

AP News: Scott Rostan in GameStop’s Stupefying Stock Rise Doesn’t Hide Its Reality

May 11, 2023
By Training The Street

https://apnews.com/article/gamestop-reddit-stocks-update-92a98aa87d88753a1aa52a72b49321c6 February 3, 2021 By ANNE D'INNOCENZIO Follow Anne D’Innocenzio: http://twitter.com/ADInnocenzio NEW YORK (AP) — Behind GameStop’s stock surge is the grim reality of its prospects: The video game retailer is floundering even as the industry around it is booming. GameStop has been swept up in a battle between big-moneyed hedge funds betting against it and...

01 Feb

Cheddar

Cheddar TV: Scott Rostan in What History Tells Us About How The GameStop Frenzy Will End

May 11, 2023
By Training The Street

Scott Rostan, Founder and CEO at Training The Street, joined Cheddar to discuss why he thinks the GameStop bubble will surely burst soon.

01 Feb

Bloomberg

Bloomberg Tax: Robert Rostan in GameStop Takes Everyone on a Wild Ride, Except Its Accountants

May 11, 2023
By Training The Street

https://news.bloombergtax.com/financial-accounting/gamestop-takes-everyone-on-a-wild-ride-except-its-accountants It’s taken over social media, gotten airtime at a White House press conference, and pitted hedge funds against an army of online traders out to bruise them. But there’s one place the saga of GameStop Corp.’s stock price roller coaster ride won’t play out: on GameStop’s financial statements. The fundamentals of...

07 Dec

News

AP News: Scott Rostan in Airbnb hikes share price ahead of expected IPO this week

May 11, 2023
By Training The Street

https://apnews.com/article/coronavirus-pandemic-initial-public-offerings-287f5495df1e3775030c6b866ed9f552 by DEE-ANN DURBIN Airbnb has raised the price of its shares ahead of its initial public offering this week, betting investors will pay more given its resiliency during the pandemic. In a government filing Monday, Airbnb said it expects to price its shares between $56 and $60 each, up from a range...

16 Oct

Bloomberg

Bloomberg Tax: Robert Rostan in Unusual Accounting Expenses ‘Not So Unusual’ as Virus Wears On

May 11, 2023
By Training The Street

The main message: If a company can quantify the effects of the pandemic in a reasonable way and make the case that it’s dealing with an unusual situation, it’s OK. But don’t go too far afield, said Robert Rostan, CFO of Training The Street, an accounting education firm.

06 Aug

News

NPR’s Marketplace: Robert Rostan in Accounting in the COVID era is more subjective than ever

May 11, 2023
By Training The Street

“So essentially, they’re saying since we haven’t broadcasted their season, we haven’t recognized this expense yet,” said Robert Rostan, chief financial officer at the financial education firm Training the Street.

01 Jun

TTS Blogs

HERTZ: 0-60 IN 100 YEARS. 60-0 IN 0.5

May 11, 2023
By Training The Street

The following three statements are all true: In November 2019, Hertz went out to investors asking for $750M. Investors, impressed with what they saw, gave the company $900M instead. In April 2020, four billion dollars of Hertz's debt was rated triple-A, the same rating that the US government gets for...

21 May

News, Bloomberg

Bloomberg: Robert Rostan in Hertz Runs Into Cash Crunch After Years of Management Tumult

May 11, 2023
By Training The Street

https://www.bloomberg.com/news/articles/2020-05-21/hertz-runs-into-cash-crunch-after-years-of-management-tumult?sref=Oe6GluQB By Esha Dey May 21, 2020, 5:00 AM EDT Less than three months ago, Hertz Global Holdings Inc. executives were touting a solid fourth-quarter performance and saying they’re entering 2020 in a strong position. Today, they’re managing a crisis that has the company on the brink of bankruptcy, saddled with almost $21 billion of debt and...