Investing News

The price-to-book (P/B) ratio is an evaluation metric that is used to compare the current market price of a company’s stock to its book value. The P/B ratio is favored by value investors for its usefulness in identifying undervalued companies. The average P/B ratio for banking firms, as of the first quarter of 2021, is approximately 1.28.
Did you know that you’re supposed to calculate your income taxes two different ways? First, you figure your tax liability under the regular tax system, which factors in preferential treatment of some income and allows tax credits for certain types of expenses. Then you calculate your taxes using the rules for the alternative minimum tax
Who Enforces GAAP? Responsibility for enforcement and shaping of generally accepted accounting principles (GAAP) falls to two organizations: The Financial Accounting Standards Board (FASB) and Securities and Exchange Commission (SEC). The SEC has the authority under securities law to both set and enforce accounting standards, while the FASB, an independent non-governmental body tasked by the
In this article DSX EGLE GNK GOGL SBLK 316-HK 1919-SZ Aerial view of shipping containers sitting stacked at Shenzhen Yantian Port on February 27, 2021 in Shenzhen, Guangdong Province of China. Xie Feng | Getty Images Skyrocketing shipping prices, exacerbated by limited vessel supply, could bode well for some of analysts’ favorite shipping stocks. Global
In this article OMEG A set of SkySat satellites before a launch. Planet Satellite imagery and data specialist Planet Labs is preparing to go public, announcing on Wednesday that it will merge with a SPAC to list on the New York Stock Exchange. Planet Labs is combining with special purpose acquisition company dMY Technology Group
Olena Ruban | Moment | Getty Images Cannabis industry investors have been treated to a series of legislative catalysts over the last three years that have moved equity valuations.  Notable moments include Canada’s federal adult-use implementation, the election of President Joe Biden, and the Georgia Senate run-off in January. Additionally, the state-by-state legalization movement is
Hedge fund founder Anthony Scaramucci told CNBC on Wednesday that the Chinese government’s crackdown on Didi Global, just days after the ride-hailing giant went public in the U.S., is “a direct assault on global capitalism.” “The bad news for the Chinese and the United States now is, if you’re a capital allocator in the United
Crowdfunding refers to raising money from the public (i.e., the “crowd”), primarily through online forums, social media, and crowdfunding websites to finance a new project or venture. Equity crowdfunding takes this one step further. In exchange for relatively small amounts of cash, public investors get a proportionate slice of equity in the business venture. Previously,
With rising living costs and ever-higher credit card interest rates, you may decide you can improve your financial well-being and limit your debt by closing credit cards. Before you do that, though, it’s important to understand the impact that closing a credit card will have on your credit score, including what will happen to any credit history
Protecting your most important assets is an important step in creating a solid personal financial plan, and the right insurance policies will go a long way toward helping you safeguard your earning power and your possessions. In this article, we discuss five policies you shouldn’t do without.  Key Takeaways Choose a disability policy that provides enough
Avantax Wealth Management is an independent broker-dealer firm that offers financial planning and asset management services. It’s been around since 1983 and has tweaked its business several times to keep up with current demands. Currently, Avantax Wealth Management has over 300 employees and is affiliated with 3,750 financial advisors who advised on $76 billion worth