The 401(k) match is making a comeback, though in a slightly different, and very important, form.
A recent Transamerica survey on retirement trends found that half of the companies that had cut or suspended their match during the recession were reinstating it.
Kathleen Connelly, executive vice president of client services at Dresher, Pa.-based Ascensus, said her firm began to notice that plan sponsors had stopped eliminating or reducing their matching contributions as far back as 18 months ago.
The more important trend, Connelly said, isn’t so much that the match is back, but that it is being restored with employee retirement readiness in mind.
Plan sponsors aren’t simply offering 50 cents on the dollar up to a certain low amount, as was the practice before the recession began. Instead, they are changing their match structures, in a fundamental way, to encourage participants to put away more money, Connelly said. “We’re seeing new designs to help participant readiness down the line,” she said.
Top 5 Semiconductor Companies To Buy Right Now: AeroCentury Corp (ACY)
AeroCentury Corp., incorporated on February 28, 1997, acquires used regional aircraft and engines for lease to foreign and domestic regional carriers. The Company�� portfolio of leased aircraft assets is managed and administered under the terms of a management agreement with JetFleet Management Corp. (JMC), which is an integrated aircraft management, marketing and financing business and a subsidiary of JetFleet Holding Corp (JHC).
As of March 31, 2013, the Company�� aircraft and aircraft engines, which were on lease or held for lease included Bombardier Dash-8-300, Fokker 100, Bombardier Dash-8-Q400, Fokker 50, General Electric CF34-8E5 engine, Saab 340B, Saab 340B Plus, deHavilland DHC-8-100, deHavilland DHC-6, Tay 650-15 engine, General Electric CT7-9B engine and Saab 340A. As of March 31, 2013, 14 of the Company�� assets, comprised of four Fokker 50 aircraft, three Saab 340B aircraft, four Fokker 100 aircraft, two Tay 650-15 engines and one General Electric CT7-9B engine, were off lease.
Advisors' Opinion:- [By John Udovich]
Yesterday around midday,�Netherlands based aviation leasing stock�AerCap Holdings N.V. (NYSE: AER) began surging on rumors and closed up 11.6%, meaning its probably time to take a closer look at those rumors along with aviation leasing peers like small caps or mid caps�Aircastle Limited (NYSE: AYR), Air Lease Corp (NYSE: AL), Fly Leasing Ltd (NYSE: FLY) and AeroCentury Corp (NYSEMKT: ACY).
Best Integrated Utility Companies For 2014: Cadence Pharmaceuticals Inc.(CADX)
Cadence Pharmaceuticals, Inc., a biopharmaceutical company, focuses on acquiring, in-licensing, developing, and commercializing proprietary product candidates principally for use in the hospital setting in the United States and Canada. It holds rights to OFIRMEV injection, a proprietary intravenous formulation of acetaminophen for the management of pain and reduction of fever in adults and children. The company in-licenses rights to OFIRMEV from Bristol-Myers Squibb Company, which sells intravenous acetaminophen in Europe and other markets for the treatment of acute pain and fever under the Perfalgan brand name. Cadence Pharmaceuticals, Inc. was founded in 2004 and is headquartered in San Diego, California.
Advisors' Opinion:- [By Jake L'Ecuyer]
Equities Trading UP
Cadence Pharmaceuticals (NASDAQ: CADX) shot up 26.42 percent to $14.02 after Mallinckrodt plc (NYSE: MNK) announced its plans to acquire Cadence Pharma for $14.00 per share in cash.
Best Integrated Utility Companies For 2014: Fibria Celulose SA (FBR)
Fibria Celulose S.A. (Fibria), formerly Votorantim Celulose e Papel S.A., incorporated on July 25, 1941, is a producer of market pulp. During the year ended December 31, 2010, Fibria produced 5,054 kilotons of eucalyptus pulp (including 50.0% of the pulp production of Veracel). The Company also produces coated and uncoated paper, carbonless paper and thermal paper at its Piracicaba paper mill, located in the State of Sao Paulo with an annual production capacity of 190 kilotons. During 2010, it produced 115 kilotons of paper products and recorded consolidated net revenues. Fibria produces bleached eucalyptus kraft pulp at three pulp mills, the Aracruz pulp mill located in the State of Espirito Santo, which has an annual production capacity of 2.3 million tons; the Tres Lagoas pulp mill located in the State of Mato Grosso do Sul, which has an annual production capacity of 1.3 million tons, and the Jacarei pulp mill located in the State of Sao Paulo, which has an annual production capacity of 1.1 million tons. The Company has a 50% interest in Veracel, which owns and operates a pulp mill in the municipality of Eunapolis, State of Bahia, with an annual production capacity of 1.1 million tons.
Pulp
Fibria produces bleached eucalyptus kraft pulp from planted eucalyptus trees. Bleached eucalyptus kraft pulp is a range of hardwood pulp. Eucalyptus is a hardwood tree, and its pulp has short fibers and is generally suited to manufacturing tissue, coated and uncoated printing and writing paper and coated packaging boards. Short fibers are optimal for manufacturing wood-free paper with good printability, smoothness, brightness and uniformity. Market pulp is the pulp sold to producers of paper products. Kraft pulp is pulp produced in a chemical process using sulphate. During 2010, it produced 5,054 kilotons of pulp (including 50.0% of the pulp production of Veracel).
Paper
During 2010, Fibria produced 115 kilotons of paper. The Company produced coated printing an! d writing paper, which is a coated woodfree paper used for promotional materials, folders, internal sheets and cover of magazines, books, tabloids, inserts and mailing; uncoated printing and writing paper, which is a uncoated woodfree paper in reels and sheets; carbonless paper, which is used to produce multi-copy forms, POS, invoices and other applications in place of traditional carbon paper, and thermal paper, which is traditionally used in fax machines; POS, bar code labels, toll tickets, water and gas bills and receipts for automated teller machines (ATMs) and credit card machines. It manufactures thermal paper products with technology licensed byOji Paper Co., Ltd (Oji Paper).
The Company competes with APRIL, Arauco, APP, Georgia Pacific, CMPC, Sodra, Stora Enso, Weyerhaeuser and Suzano.
Advisors' Opinion:- [By Seth Jayson]
Fibria Celulose (NYSE: FBR ) reported earnings on July 24. Here are the numbers you need to know.
The 10-second takeaway
For the quarter ended June 30 (Q2), Fibria Celulose met expectations on revenues and missed expectations on earnings per share.
Best Integrated Utility Companies For 2014: Eurobank Ergasias SA (EUROB)
Eurobank Ergasias SA, formerly EFG Eurobank Ergasias SA, is a banking and financial services group located in Greece. It is organized into five segments: Retail, incorporating customer current accounts, savings, deposits and investment savings products, credit and debit cards, consumer loans, small business banking and mortgages; Corporate, incorporating direct debit facilities, current accounts, deposits, overdrafts, loan and other credit facilities, foreign currency and derivative products to corporate entities; Wealth Management, incorporating private banking services, including total wealth management, to medium and high net worth individuals, insurance, mutual fund and investment savings products, and institutional asset management; Global and Capital Markets, incorporating investment banking services including corporate finance, merger and acquisition and equity brokerage, as well as International. On December 27, 2013, it merged by absorption of the New TT Hellenic Postbank SA. Advisors' Opinion:- [By Corinne Gretler]
National Bank of Greece surged 24 percent and Eurobank Ergasias SA (EUROB) more than doubled. The lenders��planned merger has been postponed and not canceled, Bank of Greece Governor George Provopoulos said, after statements on April 8 that they will be recapitalized separately.
Best Integrated Utility Companies For 2014: TAM S.A.(TAM)
TAM S.A. provides passengers and cargo air transportation services in Brazil and internationally. It also engages in the aircraft acquisition, financing, and debt issuance activities. In addition, the company offers travel and tourism agency services, as well as is involved in the development and management of customer loyalty programs. It operates a fleet of approximately 156 aircrafts. The company was founded in 1961 and is based in S� Paulo, Brazil. TAM S.A. is a subsidiary of TAM-Empreendimentos e Participa珲es S.A.
Advisors' Opinion:- [By Jake L'Ecuyer]
Taminco (NYSE: TAM) shares tumbled 7.53 percent to $19.30 after the company priced secondary offering of 10 million shares of common stock at $20 per share.
- [By Jeremy Bowman]
What: Shares of Taminco (NYSE: TAM) were looking brighter today, gaining as much 13% after a promising quarterly earnings report, its first as a public company.
Best Integrated Utility Companies For 2014: Lantrovision(s)
Lantrovision (S) Ltd engages in the design, installation, supply, and provision of consultancy services on network integration and structured cabling. It is involved in the design and installation of computer cabling, as well as the trade of related accessories and peripherals; provision of cabling infrastructure services; sale of cabling accessories; and provision of system integration and network infrastructure services, as well as offers installation, maintenance, and support services for structured cabling systems and components. The company also engages in the structure, design, installation, and consultation of network system with computer communication technology. In addition, it manufactures and sells structuralized cable laying system and multimedia technology; trades in computer peripherals, electronic components, and products for various applications, planners, consultants, advisors, and managers in relation to computer services; and supplies data backup and ret rieval systems. Further, the company provides solutions for testing, monitoring, and analyzing enterprise and telecommunication networks; and contracting services for voice, data, and telecommunication. It primarily operates in Singapore, Malaysia, Hong Kong, China, and Korea, as well as in Thailand and the Philippines. The company was founded in 1990 and is based in Singapore.
Advisors' Opinion:- [By Jonas Elmerraji]
Nearest Resistance: $6.80
Nearest Support: $5.60
Catalyst: EarningsSprint (S) is getting a 6% shot in the arm this afternoon, following earnings numbers that forecast a return to subscriber growth after losing names for the last seven months straight. Despite taking a big hit from winding down its Nextel unit during the quarter, Sprint is looking stronger now that Japan's Softbank owns 78% of shares. Wall Street's reaction to the earnings release is evidence of that.
From a technical standpoint, there are probably more questions than answers on Sprint's chart. Shares are currently sitting in between resistance at $6.80 and support down at $5.60. Despite today's big boost, shares are still trading in the middle of that range. Until Sprint can resolve a direction, I'd recommend staying away.
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