- UAFox Business•9 hours ago
Under Armour (NYSE:UA) CEO Kevin Plank is starting to sound like a broken record and investors are losing patience. The stock is seeing its biggest single-day loss in eight years, amid heavy volume, even as Plank downplayed concerns about the company’s declining growth rate on Tuesday. This doesn’t mean the demand for the Under Armour brand has disappeared, but it certainly hasn’t reappeared dollar-for-dollar in our distribution,” a seemingly-frustrated Plank said during post-earnings conference call.
- BusinessKiplinger.com•7 hours ago
Retirees have special concerns when evaluating state tax policies. For instance, the mortgage might be paid off, but how bad are the property taxes—and how generous are the property-tax breaks for seniors? Are Social Security benefits taxed? What about other forms of retirement income—including IRAs and pensions? Does the state impose its own estate tax that might subtract from your legacy? The answers might just determine which side of the state border you’ll settle on in retirement. These 10 states impose the highest taxes on retirees, according to Kiplinger’s exclusive 2016 analysis of state taxes. Three of them treat Social Security benefits just like Uncle Sam does—taxing as much as 85%
- financeNicole Sinclair•12 days ago
Many Wall Street analysts point to the expensive market—especially amid uncertain times—as a key reason for downside ahead.