What Are Transfer Procedures? Transfer procedures are the means by which the ownership of a stock (or other security) moves from one party to another. This process is effected by a transfer agentwho follows a detailed, documented series of steps governed by the securities and exchange commission (SEC) to ensure that a transaction has been…
We’ve been waiting for this for 4 years (for those who don’t boycott and who rather go to the movies, to the restaurant, or in the cellar covering their ears). The Blues are putting their title on the line in Qatar, starting with a match against Subway-sponsored bad beer drinkers, the Aussies. First we freaked…
What is the International Petroleum Exchange (IPE)? The International Petroleum Exchange (IPE), established in 1980, was a London-based exchange for futures and options on several energy-related commodities. It has been a subsidiary of the Intercontinental Exchange (ICE) since being purchased in 2001 and is now known as ICE Futures. Key Takeaways International Petroleum Exchange (IPE) was…
It’s a bit of the series of the moment that erases all the others and it was rather expected from the creators of Dark. 1899 is a series that does not take you by the hand and distills a lot of mysteries throughout its first season. But we quickly missed a few things, so we’ll…
What is a Brokered Market? A brokered market involves agents or intermediaries in purchase and sale transactions to facilitate price discovery and transacting the execution. Brokered markets often exist in areas of the economy where there is a certain level of expertise required to complete a transaction. In cases where members of the general public…
The cabin crew makes many people fantasize: being paid to travel around the world and sleeping in hotels that are never disgusting, of course… It’s a dream come true. But I will quickly calm you down: this is only a tiny part of their daily life. In reality, it’s a much tougher and tougher way…
What Is a Bill of Lading? A bill of lading is a legal document issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried. The bill of lading acts as a document of titlea receipt for shipped goods, and a contract between a carrier and shipper. The…
Surely you have already heard of the various miracles that people claim to have experienced all over the world for hundreds of years. These extraordinary facts are most of the time associated with divine intervention and even if some remain mysterious, many of them could be explained over time. We’re still waiting to find out…
Cash or stock dividends distributed to shareholders are not recorded as an expense on a company’s income statement. Stock and cash dividends do not affect a company’s net income or profit. Instead, dividends impact the shareholders’ equity section of the balance sheet. Dividends, whether cash or stock, represent a reward to investors for their investment…