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The Tax Umbrella: How Tax Loss Carryforwards Offer Protection for Future Profits
Stock Market

The Tax Umbrella: How Tax Loss Carryforwards Offer Protection for Future Profits

Highlights:,Tax umbrella,:,A strategy that uses past business losses to offset current or future profits.,Tax loss carryforwards,:,These losses act as a shelter to reduce taxable income in profitable years.,Purpose,:,Provides long-term tax relief by carry...

Fact Check: Maine voters cannot vote more than once for same candidate
Market Updates

Fact Check: Maine voters cannot vote more than once for same candidate

Posts on social media saying ballots in Maine can be counted more than once stem from a satire post.

  • October 28, 2024 08:58 AM PDT
  • EODHD
Lloyds and Close Brothers shares fall on motor finance ruling
Market Updates

Lloyds and Close Brothers shares fall on motor finance ruling

Shares in British lender Close Brothers dropped 6.5% on Monday, while those of bigger rival Lloyds fell 3% as bank stocks with exposure to motor finance suffered further following an adverse court of...

  • October 28, 2024 08:58 AM PDT
  • EODHD
Milan's rhythm hit by late postponement of Bologna match, says Fonseca
Market Updates

Milan's rhythm hit by late postponement of Bologna match, says Fonseca

AC Milan coach Paulo Fonseca blamed the late postponement of their match against Bologna last Saturday for disrupting his team’s rhythm ahead of Tuesday’s showdown with Serie A leaders Napoli.

  • October 28, 2024 08:57 AM PDT
  • EODHD
Convicted Ozy Media founder argues US judge conflicted due to hedge fund investments
Market Updates

Convicted Ozy Media founder argues US judge conflicted due to hedge fund investments

Ozy Media and its founder Carlos Watson want a federal judge to step aside from their case and throw out their securities fraud convictions, saying the judge had a financial stake in four companies al...

  • October 28, 2024 08:57 AM PDT
  • EODHD
Chile's right gains against Boric government in less polarizing regional vote
Market Updates

Chile's right gains against Boric government in less polarizing regional vote

Chile's moderate right made gains in regional elections on Sunday while President Gabriel Boric's coalition avoided crushing defeat, pointing to a return to less polarized politics ahead of the 2025 p...

  • October 28, 2024 08:56 AM PDT
  • EODHD
Automatic Withdrawal Plans in Mutual Funds: Understanding Fixed Payments for Shareholders
Stock Market

Automatic Withdrawal Plans in Mutual Funds: Understanding Fixed Payments for Shareholders

Highlights,Automatic withdrawal plans provide fixed payments to shareholders from their mutual fund earnings.,Payments can be received quarterly or monthly, offering flexible income options.,These plans are designed for shareholders seeking regular income...

City elections show Brazil shifted right but not far-right
Market Updates

City elections show Brazil shifted right but not far-right

Conservative and center-right parties were the big winners in Brazil's city elections on Sunday, but right-leaning voters preferred moderates to candidates endorsed by harder line former President Jai...

  • October 28, 2024 08:51 AM PDT
  • EODHD
Automatic Stay: Shielding Debtors During Chapter 11 Bankruptcy Proceedings
Stock Market

Automatic Stay: Shielding Debtors During Chapter 11 Bankruptcy Proceedings

Highlights,An automatic stay halts creditors from pursuing collection efforts or seizing collateral when bankruptcy is filed.,It provides debtors with breathing room to restructure and reorganize under Chapter 11 bankruptcy.,The stay is automatically impo...

Exploring Automatic Investment Programs: A Seamless Approach to Investing
Stock Market

Exploring Automatic Investment Programs: A Seamless Approach to Investing

Highlights:,Automatic investment programs facilitate regular, scheduled investments or withdrawals without manual intervention.,They are commonly used by mutual funds to withdraw predetermined amounts from investors' bank accounts.,These programs promote ...

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