SECONDARY BUSINESS
Secondary Business is a part or component of a corporation which is not involved in the core function of the corporation itself. Secondary Business acts as a supplement instead and contributes to the overall well-being of the company. It is also allowed to hold assets as any other business unit does and is most likely to come up in times of reorganization and distribution of multi-business corporations.
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Debt Financing
When a firm raises money for working capital or capital expenditures by selling bonds, bills, or notes to individual and/or institutional investors ...
David M. Cote
The CEO and chairman and former president of Honeywell International. Cote achieved these positions in 2002, and since then has dealt with asbestos ...
Rafael Miranda Robredo
Rafael Miranda Robredo was born in Spain in 1949. He became Endesa’s CEO, a Spanish electricity company, in 1997. Before working for Endesa, ...
Spot Exchange Rate
Spot exchange rate is also referred to as ‘benchmark rates’, ‘southright rates’, and ‘straightforward rates’. I ...
Small Business Job Protection Act of 1996
The Small Business Job Protection Act of 1996 is a legislative act that hiked minimum wage, adjusted small business taxes, simplified pension rules ...
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Digesting Financial Statements: Working Capital
Analysts and investors look at the working capital and its trends to measure a company’s financial performance. This metric determines a busi ...
An Introduction to Forex Currencies
As the biggest market in the world, the foreign exchange market or forex is also one of the most participated in the world. As such, learning about ...
Introduction to Banking
Banking is an integral part of any financial system. In order to keep your money safe and start building wealth, you need a place where your funds ...
Featured Investment: Annuity
Featured Investment: Annuity
Investments are what trading is all about. And knowing about the various a ...
A Guide to Your Personal Income Tax: Basics
For many filing your personal income tax is one of the most frustrating things to do. However, by planning ahead and pacing yourself, doing your ta ...
ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 02:01 | Rightmove House Prices | Mar | |
| 04:00 | Fixed Asset Investment | Feb | |
| 04:00 | Industrial production | Feb | |
| 04:00 | Retail Sales | Feb | |
| 04:00 | Unemployment Rate | Feb | |
| 04:00 | NBS Press Conference | ||
| 14:15 | Housing Starts | Feb | |
| 14:30 | Retail Sales | Feb | |
| 14:30 | NY Fed Empire State manufacturing index | Mar |
