Undergoing a divorce is quite painful emotionally, but there are practical aspects too that you have to manage, such as division of your or your spouse’s assets. Asset division laws are not straightforward and there can be cases where particular assets are given to one party, whereas in others they might be shared equally or in some other proportion between the two. [Read more…]
Large Cap Companies Shrink Their Liabilities by 8.2%
Large cap companies on the S&P 500-stock index have shrunk their liabilities by 8.2%. Liabilities comprise of short and long term debt owed by the company, along with other financial obligations like the company’s contribution towards the pension funds. This trend is an indication of how companies have been shedding off the extra baggage to survive better in the hard times. [Read more…]
