Finance

The United States Trustee handling Celsius’ bankruptcy proceedings has called for an independent examiner to be brought in to “untangle” the embattled network’s financial affairs and business operations. In a motion filed on Thursday to the United States Bankruptcy Court by William K. Harrington, the US Trustee has asked for an examiner to look into allegations of “incompetence or gross …

Cinch Home Services Review 2022 Packages available Appliances Integrated systems Complete reception clothes dryer ✓ ✓ Washers ✓ ✓ Hobs ✓ ✓ Dishwasher ✓ ✓ Food centers (integrated) ✓ ✓ Freestanding ice makers ✓ ✓ Microwaves (integrated) ✓ ✓ Ranges ✓ ✓ Kitchen hoods ✓ ✓ Refrigerators ✓ ✓ Trash compactors (integrated) ✓ ✓ Wall ovens ✓ ✓ Air conditioning, …

What is a STRATS (Structured Asset-Backed Trust Security)? A structured repackaged asset-backed security (STRATS) is a derivative that pays an income stream to the holder based on a trust’s interest in an asset-backed security (ABS) and related derivative. . Key points to remember An asset-backed structured rollover (STRATS) is a securitized investment that bundles ABS with a derivative contract to …

One of the most substantial value propositions of Bitcoin (BTC) is that no one can create more of it apart from its fixed supply. However, an executive from a crypto exchange made a bold claim that some exchanges can create and sell BTC that’s only in their system, not on the blockchain, to manipulate the market. In an interview with …

If you’re looking for help with your credit score, The Credit Pros may be one of the first companies you’ll come across. Unlike most other credit repair companies, The Credit Pros does things a bit differently. You can get help with repairing your credit, yes—but you can also get help with building your credit up from scratch if needed.  Taken …

Shares of Twitter, Inc. (TWTR) rose 2% during Wednesday’s session after MKM Partners upgraded the stock to buy and raised its price target to $60 per share. Key points to remember Shares of Twitter rose during Wednesday’s session after MKM Partners raised its price target from $47 to $60 per share. Analyst Rohit Kulkarni believes last year’s headwinds will reverse …

What is SEC Form 19b-4? SEC Form 19b-4 is a form used to notify the Securities and Exchange Commission (SEC) of a proposed rule change by a self-regulatory organization (SRO) pursuant to Rule 19b-4 under the Securities Exchange Act of 1934. An SRO is a non-governmental body that exercises some degree of regulatory authority over an industry or profession. Examples …

The eNaira, Nigeria’s central bank digital currency (CBDC), will enter the second phase of its expansion with new technology to beef up its user base, Nigerian Central Bank governor Godwin Emefiele said Thursday, speaking at the 2022 eNaira Hackathon in Abuja. The eNaira, Africa’s first CBDC, was launched in October 2021. “The eNaira is a journey, not a one-time event,” …

Key points to remember Analysts estimate adjusted EPS at $0.91 versus $0.56 in Q2 2021. Revenue is expected to grow, but at a slower pace than the prior year quarter. Analysts expect revenue to grow at a healthy, but slower pace. Advanced Micro Devices, Inc. (AMD) has seen dramatic growth in earnings and revenue over the past two fiscal years …

It can be very easy to get carried away by the hype about the quality of exchange-traded funds (ETFs). Yet they still carry many of the same risks as stocks and mutual funds, as well as some risks unique to ETFs. Here’s a look at the “fine print” for ETFs. Key points to remember ETFs are considered low-risk investments because …