On Wednesday (Jan 8), department store operator, Macy's Inc. ( NYSE: M) reported a marginal fall in holiday period same-store sales. This was surprising to investors as they were bracing for a sharper...
Restaurants were one of the hardest-hit sectors during the wake of the COVID-19 pandemic, with closures and limitations cutting off potential revenue. The Restaurant Revitalization Fund (RRF) was ...
Companies can pay dividends or purchase back stock to recompense their shareholders in one of two ways. A growing number of blue chips, or well-established businesses, are combining the two. Di...
Concerns about rising inflation have caused stock market-listed technology companies around the world to have their share values collapse in the first few weeks of 2022. The NASDAQ 100, FTSE 100, A...
Prince Boakye Boampong, the Founder and Chief Executive Officer started the company in 2019. Previously Dash, Boampong was the co-founder of OMG Digital, a YC-backed Ghanaian media startup ...
On Wednesday (Jan. 15), a news release by XPO Logistics (NASDAQ: XPO) revealed that the company was considering some strategic alternatives, including an option of spinning-off some of its business un...
What is Back Office in Finance? Traditionally, a company is made up of two portions, the front desk, and the back office. However, a financial firm has another portion referred to as the middle o...
Following the credit card company, Mastercard’s revelation on Monday, Feb. 24, 2020, that the deadly coronavirus outbreak could have an effect on its revenue for the 2020 fiscal year, its shares f...
For the second time this month, Tesla has increased the cost of its electric vehicles, after CEO Elon Musk said the company was facing substantial inflationary pressure in raw materials and logis...
President Muhammadu Buhari has officially opened the state-of-the-art Dangote Fertiliser Urea Plant, which has a capacity of 3 million metric tons per year. He stated emphatically that the project w...