A credit rating can be the deciding factor on whether a borrower does or does not receive a loan. Good credit ratings allow people, companies, and governments to easily borrow from financial institutions or public debt markets. At the consumer level, banks will usually base the terms of a loan as a function of a…
Financial accounting is the process by which an organization’s revenue, receivables and expenses are collected, measured, recorded and finally reported into a financial statement. This process is designed to accurately reflect business activity; help companies meet legal, fiscal and statutory requirements; present financial accounts to business owners; allow for in-depth financial analysis; and facilitate efficient…
Dow component The Home Depot, Inc. (HD) reports fourth quarter 2019 earnings in Tuesday’s pre-market session, with Wall Street analysts expecting earnings per share (EPS) of $2.11 on revenue of $25.8 billion. Market players will be watching results closely after the home improvement giant missed third quarter revenues and lowered fiscal year 2020 guidance in…
There is a variety of market indexes which function as statistical gauges of the market’s activities. Many investors look at the Dow Jones Industrial Average (DIJA) or the Nasdaq Composite Index as benchmarks or representatives of the stock market as a whole. On the downside, these indices are composed of only 30 and 100 stocks,…
First day of the World Cup without a match. You have lost your haunts, no more matches at 4:00 p.m., nothing to do in the evening for the 8:00 p.m. match… You had already suffered the blow with the end of the first round matches, but this is much worse. This interstellar void of green…
There are a lot of overrated series in this world and just this year, we were told a whole bunch of so-called “incredible” or “innovative” series and obviously we were disappointed. For the good of this top, all the criticisms that follow will be vehement, hateful, even downright bad faith. Please accept them with all…
“It’s better to file for Social Security later rather than earlier,” is common advice spread by financial advisors and laymen alike. After all, if you delay receiving benefits for as long as you can, payments can go up significantly. The advantage of delaying taking benefits will apply (and appeal) to most people. But filing earlier…
The process of budgeting for capital expenditures (capex) is essential for a business to operate and grow in a healthy and profitable way. Capital expenditures are expenses a company makes to sustain and expand its business over a period of years. A capital expense is the cost of an asset that has usefulness, helping create…
What Is a Debt Buyer? A debt buyer is a company that purchases debt from creditors at a discount. Debt buyers, such as collection agencies or a private debt collectorbuy delinquent or charged-off debt at a fraction of the debt’s face value. The debt buyer then collects on the debt either on its own or…