Tag: corporate finance

The True Cost of Switching To Electric Vehicles

Constantinis / iStock.com

Constantinis / iStock.com

Although gas prices have taken a dip from their record highs of more than $5, experts warn that a combination of seasonal demand and rising oil prices could see gas prices make another surge in the near future, reported USA Today. With a little hope for relief at the pump, you may be considering making the switch to an electric vehicle.

Student Loans: Court Allows $6 Billion in Forgiveness Funds To Proceed for 200,000 Borrowers
Learn: How To Build a Financial Plan From Zero

Currently, less than 1% of the 250 million cars, trucks and SUVs on

…
Read More

Stocks sink, yields tumble, oil prices steady: Stock market news today

US stocks sank and oil prices held steady Tuesday as new data showed fresh signs of labor market cooling and declining factory orders from businesses.

The S&P 500 (^GSPC) decreased nearly 0.6%, and the Dow Jones Industrial Average (^DJI) slipped around the same amount. The technology-heavy Nasdaq Composite (^IXIC) 0.5% slides.

Oil prices steady, with WTI crude oil — the US benchmark — wavering around $80 a barrel. After Monday’s big gains, oil was back in its four-month trading range after OPEC+ announced it would slash output by 1.16 million barrels per day.

On the economic front, vacancies at US

…
Read More

You’re Right, It Is Very Expensive to Finance a Car These Days

  • Average new-car prices aren’t getting any more reasonable, and if you’re someone who finances their vehicle, you’re probably wondering where all the money’s going.
  • The average APR for new vehicles financed in March was 7 percent, helping create a market where the average payment for a new car is, gulp, $730.
  • That’s bad, but the number of people paying over $1000 is also on the rise. In Wyoming, more than 25 percent of car shoppers who finance have high payments. Sorry, truck shoppers.

The average price of a new car in the US has been climbing, again, and at least

…
Read More

RenoRun may seek creditor protection after Tiger, government funds are good at financing plans

Eamonn O’Rourke, left, and Joelle Chartrand, co-founders of RenoRun, outside their offices in Montreal, Quebec, on Jan. 27, 2022. The hardware delivery company must secure a buyer fast or it may seek creditor protection as soon as this week.Christine Muschi/The Globe and Mail

RenoRun Inc. was one of Canada’s hottest startups when it announced a US$142-million financing in early 2022 led by Tiger Global Management. The Instacart-like construction materials delivery service had tripled sales each of the prior three years and planned to repeat in 2022, reaching $120-million.

Montreal-based RenoRun planned to expand across North America and nearly double

…
Read More

Is Banco Do Brasil (BDORY) Stock Outpacing Its Finance Peers This Year? – March 31, 2023

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Banco Do Brasil SA (BDORY – Free Report) one of those stocks right now? A quick glance at the company’s year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.

Banco Do Brasil SA is one of 866 companies in the Finance group. The Finance group currently sits at #12 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector

…
Read More

How women answer 5 questions could be a financial wake-up call: Suze Orman

Suze Orman speaks during AOL’s BUILD Speaker Series at AOL Studios In New York.

Jenny Anderson | WireImage | Getty Images

At the end of each episode of her long-running CNBC eponymous show, Suze Orman would close out with the phrase, “People first, then money, then things.”

Women took that to mean they should give to other people and be generous, according to Orman. Men, on the other hand, took it to mean they should put themselves first.

Years after those episodes aired, there is still a distinct difference between how women and men handle their finances, Orman told CNBC.com

…
Read More

B2B Sellers Must Uplevel Financial Acumen Fast to Retain Customers and Win Deals

Databook survey finds 91% of B2B sellers are more successful when they can speak to complex business problems, but many lack tools and resources to address financial pain and urgency for buyers

PALO ALTO, Calif., March 27, 2023–(BUSINESS WIRE)–B2B sellers have less time and more pressure than ever to build relationships and close deals. According to a Gartner® report, “Relatedly, B2B buyers report spending exceedingly little time with sales reps. Only 17% of the total purchase journey is spent in such interactions. Considering the average deal involves multiple suppliers, any given sales rep has roughly 5 % of a

…
Read More

More Financial Advisors in Ontario to Have Their Credentials Officially Approved

The New Self-Regulatory Organization of Canada express intent to
become Credentialing Body

TORONTO, March 27, 2023 /CNW/ – The Financial Services Regulatory Authority of ont (FSRA) and the New Self-Regulatory Organization of Canada (New SRO) are working on how the New SRO can become a credentialing body for financial advisors under the FSRA’s Financial Professionals Title Protection Framework.

FSRA logo (CNW Group/Financial Services Regulatory Authority of Ontario)

FSRA logo (CNW Group/Financial Services Regulatory Authority of Ontario)

If agreed, the New SRO will have the authority to grant credential(s) that permit the use of the ‘Financial Advisor’ title in ont under Ontario’s Financial Professionals Title Protection Act, 2019 (FPTPA).

…
Read More