Business News

Understand Peer-to-Peer Foreign Currency Exchange

Anyone who has studied or worked, or even done business overseas has probably come across the problem of how to exchange and send money abroad. Banks and brokers usually charge a premium on the total amount exchanged as well as a transfer fee. But over time, a new niche developed in the market to address this need. A new wave …

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Are Stocks With Large Daily Volume Less Volatile?

Stock volatility refers to a drastic decrease or increase in value experienced by a given stock within a given period. There is a relationship between the volume of a traded stock and its volatility. When a stock is purchased in large quantities, the stock price or value goes up sharply, but if the stock is sold in large quantities a …

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Small-Cap Biotech Stocks Soar on Coronavirus Speculation

Coronavirus speculators have been scooping up shares of small-cap and thinly traded biotechnology companies at a furious pace, lifting these undercapitalized issues into vertical uptrends. Many of these stocks have jumped more than 40% in the past few weeks, while a select few have doubled or tripled in price. While most or all will fail in their efforts, price gains …

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Home Depot Stock Reaches High but Slumps on Coronavirus

Home improvement giant The Home Depot, Inc. (HD) reported better-than-expected earnings on Feb. 25. The stock rebounded at the open but stayed below its all-time intraday high of $247.36 set on Feb.21. At the high, this component of the Dow Jones Industrial Average stayed shy of its annual risky level at $249.87, which was a warning. The stock ended last …

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I have lost my original Bills of Lading. Can I obtain a new set?

If an original bill of lading is lost, destroyed, or stolen, a new bill generally cannot be obtained unless the original has been found. In the case of lost bills of lading, there are several steps that will likely be needed by the shipper, importer, or exporter. Key Takeaways If an original bill of lading is lost, destroyed, or stolen, …

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Construction Lien Definition

What Is a Construction Lien? A construction lien is a claim made against a property by a contractor or subcontractor who has not been paid for work done on that property. Construction liens are designed to protect professionals from the risk of not being paid for services rendered. A construction lien makes it difficult or impossible to sell or refinance …

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Adjusted Funds From Operations (AFFO): Definition and Calculation

What Are Adjusted Funds From Operations—AFFO? Adjusted funds from operations (AFFO) refers to the financial performance measure primarily used in the analysis of real estate investment trusts (REITs). The AFFO of a REIT, though subject to varying methods of computation, is generally equal to the trust’s funds from operations (FFO) with adjustments made for recurring capital expenditures used to maintain …

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NASDAQ Global Select Market Composite Definition

What Is the NASDAQ Global Select Market Composite? The NASDAQ Global Select Market Composite is a market capitalization-weighted index made up of U.S.-based and international stocks that represent the NASDAQ Global Select Market. As of August 2020, the NASDAQ Global Select Market Composite consisted of more than 1,400 stocks that meet Nasdaq’s strict financial and liquidity requirements and corporate governance …

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Commonly Asked Questions During a Portfolio Management Job Interview

A portfolio manager is a person who is responsible for making investment decisions using money that other investors place under his control. A portfolio manager implements his or her strategy on behalf of investors and manages the day-to-day operations of portfolio trading. If you want to pursue a career as a portfolio manager, there are questions you must prepare for …

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