The new pricing range implies a valuation of up to $2.08 billion, compared with $3.2 billion earlier.Read More »
United Parcel Service (NYSE:UPS) is the latest company to freeze employee pension plans, according to a report published Tuesday. A growing list of American corporations are freezing pension benefits or transitioning to 401(k) retirement plans. By November 2016, 38 companies in the Fortune 100 rankings had frozen their defined benefit plans, according to Willis Towers Watson.
Half of this country cannot cope with another recession. These people don’t have savings to tide them through another blight in the job market. They don’t have backup streams of income. They don’t even know what a recession might mean for their investments, with the result that they have not made any preparations. They don’t have an updated resume either — a minor point, except that it says something about preparedness. Such are the alarming findings of a new survey, reminding us once again that for half of us America is a “rich country” in name only. Some 49% say they are living paycheck to paycheck, and 61% admit they lack the savings to cover six months of expenses. The numbers, based on a
One stock that might be an intriguing choice for investors right now is Advanced Micro Devices, Inc. AMD. This is because this security in the Electronics - Semiconductors space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective. Meanwhile, Advanced Micro Devices is actually looking pretty good on its own too.