Business News

Lowe’s Companies, Inc. (LOW) reported mixed earnings results when it disclosed quarterly numbers on Feb. 26. The home improvement giant beat earnings per share (EPS) estimates but missed on revenue. Lowe’s shares set an all-time intraday high of $126.73 on Feb. 20 and then crashed on the disappointing results. The stock initially held its quarterly pivot at $118.25 on Feb. …

Cloud software giant salesforce.com, inc. (CRM) beat earnings estimates for the 12th consecutive quarter on Feb. 25, but the shares saw muted upside. Salesforce stock had set its all-time intraday high of $195.72 on Feb. 20 but could not set a new high on the positive earnings report. A warning is that the stock failed to hold its quarterly risky …

What Is a Prime Cost? Prime costs are a firm’s expenses directly related to the materials and labor used in production. It refers to a manufactured product’s costs, which are calculated to ensure the best profit margin for a company. The prime cost calculates the direct costs of raw materials and labor that are involved in the production of a good. …

What Are Exchange Controls? Exchange controls are government-imposed limitations on the purchase and/or sale of currencies. These controls allow countries to better stabilize their economies by limiting in-flows and out-flows of currency, which can create exchange rate volatility. Not every nation may employ the measures, at least legitimately; the 14th article of the International Monetary Fund’s Articles of Agreement allows only …

In 2019 alone, lobbyists spend $3.47 billion on influencing political policy, representing the highest sum spend on lobbying since lobbying spend peaked in 2010. Congressional changes are providing increased opportunities for lobby groups to use political influence as a means to create productive legislation, and with an increase in lobby dollars being spent it is timely to remember both why …

What Is a Chartered Financial Consultant (ChFC)? A Chartered Financial Consultant is a professional designation representing the completion of a comprehensive course consisting of financial educationexaminations, and practical experience. Chartered Financial Consultant designations are granted by the American College upon completion of seven required courses and two elective courses. Those who earn the designation are understood to be knowledgeable in …

The history of U.S. debt goes back to the American Revolution and almost all of the deficits in the early days were the result of war. The federal government managed to pay off its entire debt back in 1835, which was the first time that the country was ever debt-free. And since then, wars, economic conditions, and stock market crashes …

How Long Can Accounts Receivables Remain Outstanding? In an effort to nurture long-term loyalty, companies may offer customers the flexibility of paying for goods or services long after they are purchased and consumed. The sum of money owed is known as accounts receivable. Although payment timetables vary on a case-by-case basis, accounts receivables are typically due in 30, 45, or …

What Is a Real Asset? Real assets are physical assets that have an intrinsic worth due to their substance and properties. Real assets include precious metals, commodities, real estate, land, equipment, and natural resources. They are appropriate for inclusion in most diversified portfolios because of their relatively low correlation with financial assets, such as stocks and bonds. Key Takeaways A …