What Is a Bond Quote? A bond quote is the last price at which a bond traded, expressed as a percentage of par value and converted to a point scale. By value is generally set at 100, representing 100% of a bond’s face value of $1,000. For example, if a corporate bond is quoted at…
What Is a Checkbook? A checkbook is a folder or small book containing preprinted paper instruments issued to checking account holders and used to pay for goods or services. A checkbook contains sequentially numbered checks that account holders can use as a bill of exchange. The checks are usually preprinted with the account holder’s name,…
Wingstop Inc. (WING) stock is trading lower by nearly 5% in Wednesday’s pre-market session after the company missed fourth quarter 2019 profit estimates by more than 17%, booking earnings per share (EPS) of $0.14 compared to consensus estimates of $0.17. The fast food chain reported in-line revenue of $53.19 million, which marked a 31.3% increase…
The SPDR Gold Trust (GLD) and the gold futures contract closed at a seven-year high on Tuesday, underpinned by the coronavirus outbreak and dovish central bank policies around the world. The contract traded above $1,600 for the first time since 2013 and is setting its sights on the all-time high near $2,000, posted in September…
After their parabolic 2018 gains, cannabis stocks have been far from smoking hot over the past year, with leading industry players plagued by supply issues, high taxes. and ongoing regulatory hurdles. However, as we move into 2020, some of these challenges look to be clearing up. Government authorities in Canada – the first developed country…
What Is Wholesale Banking? Wholesale banking refers to banking services sold to large clients, such as other banks, other financial institutions, government agencies, large corporations, and real estate developers. It is the opposite of retail bankingwhich focuses on individual clients and small businesses. Wholesale banking services include currency conversion, working capital financing, large trade transactions,…
Active traders often spend hours scouring the markets for niche segments that look poised to outperform the broader markets. One such group that has started to reappear in the results of many technical scans is small-cap value stocks. For many traders, scanning for small-cap value stocks is a particular favorite because the relatively small size…
Shareholder Equity vs. Net Tangible Assets: An Overview Shareholder equity and net tangible assets are listed in a company’s balance sheet and both express the company’s net worth and underlying value. Shareholder equity is calculated including intangible assets, such as goodwill and patents, whereas net tangible assets do not include any intangible assets in its…
What Is an Offline Debit Card? An offline debit card is a type of automated payment card, similar to a traditional (online) debit cardthat allows a cardholder to pay for goods and services directly from their bank account. As it is not “online,” there is a delay before the incurred cost is debited from the…