A letter of intent is any written communication between two parties agreeing on the trade of a good or service, or any corporate action (merger, acquisition etc.). This letter usually outlines the spe...
A lender of last resort is, as the name implies, a lender that will offer credit to institutions when they cannot find it anywhere else. The most common lender of last resort is the Central Bank, the ...
A large-cap (large capitalization) firm is one with a market capitalization of over $10 billion. This figure is an approximation and may change over time or be defined differently among different indu...
Apple reported its earnings on October 30, 2019. The released covers the fiscal fourth-quarter results. As expected, the report will give investors more insi...
Uber reported its earnings and it seems like the company is still in trouble because it can't stop losing money. The ride-sharing company released its 3rd quarter e...
For those who don't know. Spinoff stocks sometimes provide a valuable opportunity for companies that are being spun off. This is why Investingport always report about stock spinoff for our reade...
Months after the spinoff of its transportation unit and its subsequent merger with Wabtec(WAB), GE(GE) has sold 25.2 million shares of Wabtec stock in a public offering at $73.50 p...
A key performance indicator or KPI is a quantifiable metric used by a business to assess performance. Target levels for these KPI's are frequently set and the company aims to either meet or exceed the...
A junk bond is a high-risk bond that is rated BB or lower by one of the main rating agencies. There is a reasonably high risk that the issuer of the bond will default on the payments, hence ...
A junior tranche is the lowest tranche of a security, i.e. the one deemed most risky. Any losses on the value of the security are absorbed by the junior tranche before any other tranche, but for accep...