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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Feb 22, 2017
Page
9
A Fool presents a simple rule of thumb for asset allocation. Stocks offer higher long term growth but higher volatility, bonds provide income with lower risk, and cash cushions emergencies. A common guideline is 110 minus your age to split between stocks and bonds, shown by a 35 year old example at 75 percent stocks and 25 percent bonds.
Restaurant Brands agrees to acquire Popeyes for about 1.8 billion dollars at 79 dollars per share, topping Arby’s offer. UPS tests octocopter deliveries from truck roofs in Florida. Macy’s to close 34 additional stores after 68 closings outlined earlier as profitability improves.
USA Today markets coverage notes the CBOE Volatility Index measures expected stock market volatility from S&P 500 option pricing. It also discusses the S&P 500 price to earnings ratio based on trailing twelve month operating earnings.
Restaurant Brands International plans to acquire Popeyes Louisiana Kitchen for 1.8 billion dollars, paying 79 per share a 27 percent premium. Popeyes has about 2,600 locations with most franchises and strong growth expected in US and foreign markets. CEO Daniel Schwartz says focus will be on guest satisfaction and franchise profitability while questions linger on store closures or job cuts.
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