Business News

Ross Kenyon

Experience Ross has a background in writing, editing, and filmmaking before transitioning into the technology sector. He now primarily focuses on creative communications and bringing difficult subjects down to earth. He has written multiple guides on his methods of studying for fintech/finance industry tests. He lives and works in Seattle, where he is the lead strategist at and one of the …

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How Coca-Cola Stacks Up Against Its Competition

Picking a stock means trying to choose the best out of a group of competitors. Porter’s Five Forces Model can help by focusing attention on five direct and pertinent questions about the company’s ability to compete within an industry. Named after the Harvard professor who developed it, the Five Forces model is a qualitative analysis tool designed to help an …

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Definition, How to Read for Trading, and Example

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 99, that means it is …

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Checkbook Definition

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, address, and other identifying information. …

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Wingstop Investors Hit the Exits After Profit Shortfall

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 over the fourth quarter of …

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Gold Trades Above $1,600 for the First Time Since 2013

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 2011. However, a final layer …

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Cannabis Stocks Appear Ready to Test Recent Highs

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 to legalize recreational cannabis use …

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What Is Wholesale Banking? Types of Services and Example

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, mergers and acquisitionsconsultancy, and underwriting, …

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