Dunkin Brands Group, which began selling stock to the public in July, said yesterday that certain stockholders will offer 22 million shares of common stock at $25.62 per share -Wednesdays closing price.
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The ECB building in Frankurt, Germany. (Photo: AP)
In his most recent blogpost, liberal economist Brad DeLong writes that he has long criticized some of his more conservative peers for endlessly saying “the time is always 1931 and that we are always Austria,” referring to Creditanstalt, the Austrian bank whose bankruptcy is widely held to have led to the domino-like bank failures of the 1930s Great Depression.
Reacting to the current crisis in Europe, DeLong, a U.C. Berkeley professor and former Clinton administration Treasury official, rather frantically admits we’ve arrived in Austria in 1931. His s
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Walmart, the world’s leading box store, has been steadily losing customers in the United States. To lure shopper back, the store is using heavy coupon promotions and free samples on its website.
Though it is the largest retailer worldwide, Walmart’s revenue has been on the decline in the U.S. for more than two years now. The retail giant has been steadily losing business amid the rise in the popularity of the dollar store. Walmart’s holiday season last year was another disappointment that made stocks dip. Recently, press about the failed class action suit, which accused Walmart of discriminating against women employees, also damaged the mega store’s image.
Walmart’s move to combat losses is to lean heavily on an old ploy, coupon promotions and free samples. But by concentrating the heaviest promotions on the store website, Walmart is attempting to adapt to the way consumers shop today. Walmart’s site, according to the research firm ComScore, was the 29th most visited site in the U.S. in May. The store is offering more coupons than ever and making the site more user-friendly. The site even offers a download for PCs to make it easier for customers to print out coupons.
The store’s site today showed bargains on everything from chili to specific movies on DVD and Blu-Ray. There was a g
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Are your cabinets and files flooded with the years and years of financial documents? Do you even need all the financial documents in your daily life? If no, then you can destroy and dispose some of the financial documents. Read along to know about 5 financial documents you can destroy and dispose immediately. Financial Documents You Can Destroy Without Any Problem Go through the following lines to know about the financial documents you can destroy without getting into serious problems- 1. Plastic card offers: Do you receive hundreds of credit card offers just like most of the average American citizens in a month? Do you accept all the offers? Most likely not! Then whats the point of retaining them? Retain the credit card offers which you are going to accept in reality. Destroy the offers which you are not going to accept. It has been observed that the maximum number of identify-theft cases occurs within the family members. For example, you have kept credit card offer in your dashboard. Your brother finds it, and decides to take up the offer. The catch is he takes up the offer in your name. Read more…
In these tough times, many workers are passing up free money. According to a newly released report from Aon Hewitt, (AON) nearly 30% of 401(k) participants are not contributing enough to get their full employer match.
Aon Hewitt surveyed more than 3 million employees eligible for plans where employers will match workers’ contributions to a retirement account. FINRA, an independent regulator for all securities firms doing business in the U.S., analyzed the data. The organization found that many of those who are missing out on the opportunity are young–from 20- to 29-year-old. Others were automatically enrolled into employer-sponsored defined contribution plans and likely aren’t aware of matching plans.
“Free money is free money — it’s a good thing” says Gerri Walsh, FINRA vice president for Investor Education. “Putting in a little more will give you a lot more.”
Double Your Investment — Instantly
If you think a corporate match is no big deal, FINRA helps you do the math with this example that should make you think again. Say you’re 30, make $40,000 and contribute 3% of your salary — $1,200 — to your 401(k). Assume that you continue to make the same salary and contribute the same each year until age 65. Read more…
