Notes From All Over -- AMC Vs Blackrock -- October 14, 2020

Yahoo!Finance morning brief: BlackRock sees a bright future for office workers everywhere. 

“I think the biggest lesson learned obviously was that we were able to very quickly migrate from 16,000 people in 60 offices to 16,000 people and 16,000 offices,” Sheldin said. “I think that as it relates to the broader pandemic, I mean, I think that we have seen frankly an acceleration in almost every single strategic trend that we were guiding the business towards pre-pandemic, post-pandemic.” ‌ 

CEO Larry Fink took what Shedlin said further and highlighted the fact that working from home wasn’t materially disruptive to their operations at all. And from there, Fink offered a vision of a better world where companies with a lot of office workers continue to embrace this new reality in the post-COVID world.

So, BlackRock sees this as a positive.

Meanwhile, over at AMC (and Hollywood is watching closely): theater chain AMC says it could run out of cash before the end of the year. Earlier, Regal.

Time to get out a book.