Corporate America is bracing for a long-term slowdown due to Covid-19 [CNN]
AT&T Inc. (T)
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Source: CNN
While some politicians rush to 'reopen' states, Corporate America is bracing for a long-term slowdown To understand what the coming months will be like, try to tune out the politicians. There are way too many mixed messages coming from mayors, governors and presidential advisers. Tune into public health experts and CEOs instead. Yes, CEOs: I think we're seeing a repeat of mid-March, when corporate leaders moved more swiftly than political leaders to shut down key sectors of American society. Now, in late April, we're seeing companies act much more realistically than elected officials like Georgia governor Brian Kemp and Las Vegas mayor Carolyn Goodman. To be sure, some elected officials are getting it right. But right now chief executives in the media and tech sectors seem to have a better grasp on consumer behavior and psychology than many political pros. Here are some examples: -- Multiple movie studios are shifting films away from this summer's planned release dates, so even if som
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Earnings
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Sec Filings
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- 3/5/26 - Form 424B5
- 3/4/26 - Form 25-NSE
- T's page on the SEC website