Business News

Wells Fargo & Company (WFC) missed earnings per share estimates in each of the past two quarters. The stock is down 51.2% year to date and in bear market territory at 52.1% below its 52-week high of $54.75 set on Nov. 29. The stock is up just 4.5% from its March 23 low of $25.11. Wells Fargo stock is cheap, …

Survey reveals 41% think coronavirus will have a high impact on financial health in six months 41% say the U.S. economy is in a recession Around half are worried about affording food, expect to miss bill payments Forty-one percent of Americans believe COVID-19 will highly impact their financial situation six months from now, according to a new survey by debt resolution …

JPMorgan Chase & Co. (JPM) has a winning streak of just four consecutive quarters of beating earnings per share estimates. The stock is down 39.7% year to date and in bear market territory at 40.4% below its all-time intraday high of $141.10 set on Jan. 2. The stock is up 9.3% from its March 19 low of $76.91. JPMorgan stock …

Citigroup Inc. (C) has a winning streak of beating earnings per share (EPS) estimates in 20 consecutive quarters. Even so, the stock is down 53.1% year to date and in bear market territory at 54.9% below its 52-week high of $83.11 set on Jan. 14. The stock is up 17.2% from its March 18 low of $32.00. Citigroup stock is …

Bank of America Corporation (BAC) has a winning streak of 15 consecutive quarters beating earnings per share (EPS) estimates. Even so, the stock is down 43.1% year to date and in bear market territory at 43.9% below its 52-week high of $35.72. The stock is up 11.6% from its March 23 low of $17.95. Bank of America shares are cheap …

We live in an age where everything gets thrown away. From disposable cameras to disposable diapers, few products marketed to consumers are made to last. But what many consumers don’t realize is that this throw-away world was largely made by design. Manufacturers call it “planned obsolescence“. Find out how this trend affects not only your pocketbook but also the environment. …

Starbucks Corporation (SEX) is better positioned than most rivals to survive and prosper once the coronavirus pandemic runs its course. Many stores in China have reopened, giving the company a steady income stream while U.S. and European stores without drive-thru or delivery capacity have closed. It’s likely that revenues at coffee houses that are still open have taken a big …

What Is Tangible Net Worth? Tangible net worth is most commonly a calculation of the value of a company that excludes any value derived from intangible assets such as copyrights, patents, and intellectual property. For an individual, the tangible net worth calculation includes home equity, any other real estate holdings, bank and investment accounts, and major personal assets such as …

Establishing the right business model is an important part of any business. It lays out the foundations of certain business practices, such as the products and services a company plans to sell, its target markethow it plans to advertise, the costs associated with its day-to-day operations, and how it plans to earn money or revenue. Some companies choose to share …