debt

Cost to Insure Tesla’s Debt Increases

Cost to Insure Tesla’s Debt Increases

The amount investors are required to pay to assure their debt holdings in Tesla Inc. (NASDAQ: TSLA) against declining credit quality increased on Monday, to its second-highest price ever, meaning the Company is at a greater risk of default.On Friday..

Credit Suisse Charged With Corruption, Fined USD 77 Million

Credit Suisse Charged With Corruption, Fined USD 77 Million

Credit Suisse (NYSE: CS) has agreed to pay the Justice Department and the Securities and Exchange Commission (SEC) USD 77 Million in order to settle charges of hiring relatives of influential Chinese officials in order to acquire business in the cou..

IFF acquires Frutarom for $7.1 billion

IFF acquires Frutarom for $7.1 billion

International Flavors & Fragrances Inc. (NYSE: IFF) announced on Monday that it will acquire Israeli Frutarom for $7.1 billion, including its net debt, to establish itself as an industry leader in naturals while expanding its customer base and p..

Crypto Traders Can Save on US Taxes

Crypto Traders Can Save on US Taxes

For American cryptocurrency traders, a tax trap awaits. They have not paid their taxes despite huge capital gains enjoyed in 2017. The first half of 2018 saw the cryptocurrency portfolios declining in value and they incurred huge trading losses. It ..

Citibank to Refund $335 Million to Cardholders

Citibank to Refund $335 Million to Cardholders

Citigroup Inc (NYSE: C) announced on February 23 of its intention to issue refunds to its cardholders. About 1.75 million subscribe to the bank's financial instrument. The total refund will be to the tune of $335 million. The average amount per ..

Holiday Debt Adds to the Sky-Rocketing Balances of Credit Cards

Holiday Debt Adds to the Sky-Rocketing Balances of Credit Cards

Retailers have reported strong sales during the holiday season and several customers admit that they have used their credit cards for funding purchases. Now it seems like 2018 might witness credit card mortgage crossing $1 trillion.According to Jill..

Monsanto Company Topped on Q1 Earnings, but Revenue Missed Estimates

Monsanto Company Topped on Q1 Earnings, but Revenue Missed Estimates

On Thursday, Monsanto Company (NYSE: MON) posted its financial results for the first quarter of fiscal year 2018. Earnings of the company beat estimates, while revenue missed expectations. Shares of the company increased 0.05% in pre-market trading ..