Month: February 2022

The information found on the financial statements of an organization is the foundation of corporate accounting. This data is reviewed by management, investors, and lenders for the purpose of assessing the company’s financial position. Data found in the balance sheet, the income statement, and the cash flow statement is used to calculate important financial ratios that
0 Comments
On Feb. 1, Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL) shocked the Street by announcing a 20-for-1 stock split. The initial reaction was one of praise and excitement. The reduction in share price will bring GOOG stock into the acceptable price range for eventual inclusion into the prestigious Dow Jones Industrial Average. Investors rewarded the king of search with
0 Comments
Out-of-towners have cash to spare when shopping for homes — at least compared with local families competing for those same properties. That’s the takeaway from a new analysis conducted by real-estate brokerage Redfin RDFN, -5.13%, which looked at the gap between the budgets for people relocating to various markets across the country and the budgets
0 Comments
Canada’s biggest law firms based on attorney numbers have certain things in common. They service major companies frequently listed on the Fortune 500 list, the Fortune 100 list, and sometimes even consult for governments. They are mostly based in Toronto where the overwhelming majority of business law is conducted but have their offices spread across
0 Comments
Investing in energy stocks like Exxon Mobil (NYSE:XOM) is all about your time horizon. In the near term, oil and natural gas prices are likely to be volatile, making it difficult to determine which way XOM stock will trend. Source: Jonathan Weiss / Shutterstock.com By the end of 2022, traditional energy stocks could start to be
0 Comments
In this article SPCE ROKU BLMN DLTR SHAK Scott Olson Check out the companies making headlines in midday trading. Roku — Roku shares were down nearly 25% after the company reported revenue for the most recent quarter that fell short of analysts’ forecasts. Roku also issued a weaker-than-expected outlook due to higher component prices and supply
0 Comments
Amazon.com Inc. (AMZN), the world’s largest online retailer, has grown rapidly in a broad range of businesses including its core e-commerce operations, cloud services, and digital advertising. It also sells products such as the Alexa personal assistant and ecosystem, Kindle e-reader, Fire TV, and movies and television shows through its Amazon Prime Video platform. Amazon’s
0 Comments
The U.S. Securities and Exchange Commission recently announced a new interpretation of its rules that would allow a company’s shareholders to vote on a much broader range of social policy proposals at the company’s annual meeting. Yet the SEC staff left the crucial question unanswered: How do we decide whether a social policy is “economically
0 Comments
In this article SPCE Virgin Galactic leaders in front of the New York Stock Exchange, from left: CEO George Whitesides, founder Richard Branson and Chairman Chamath Palihapitiya. Virgin Galactic Virgin Galactic announced Friday that Chairman Chamath Palihapitiya is stepping down from the space tourism company’s board of directors, effective immediately. Palihapitiya’s SPAC, or special purpose
0 Comments
Traders working on the floor of the NYSE, Feb. 16, 2022. Source: NYSE The stock market faces another turbulent week, as investors watch the situation in Ukraine and continue to adjust portfolios ahead of the Federal Reserve’s interest rate hikes. Stocks were rocked in both directions in the past week, with the Dow Jones Industrial
0 Comments
When billionaire George Soros bought a stake in Rivian (NASDAQ:RIVN), it may have marked an end to the downtrend. RIVN stock peaked at nearly $180 within days after its initial public offering. The stock poetically took a 180-degree turn to the downside next. Markets corrected for the electric vehicle bubble quickly amid stock market volatility.
0 Comments