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Newspaper
Lawrence Journal World
Location
Lawrence, Kansas, United States of America
Date
Jul 27, 2017
Page
9
The SIMPLE IRA suits small businesses and self employed people with simple setup and minimal admin. A 401(k) offers more features but higher cost. employer contributions differ, with SIMPLE fully vesting and no loan option. Early withdrawals for college or first time home are penalty free in SIMPLE, not in 401(k).
Whole Foods Market reports declining same store sales but beat estimates aiding Amazon in brick-and-mortar push with a deal expected later this year. McDonalds expands delivery with UberEATS across 13 countries boosting service across 4200 locations. Nike cuts CEO pay 71 percent and plans to cut 1000 jobs as market share shifts to Adidas.
ACTIVEN index measures expected market volatility from S P 500 options pricing while S P 500 P E ratio uses trailing 12 month operating earnings to assess stock valuation and market sentiment.
Facebook reports 45 percent revenue growth to 9.32 billion and EPS of 1.32 as net income jumps 71 percent to 3.9 billion driven by increased engagement. Company plans heavy investment year with data centers, original programming, and more engineers.
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