Despite common usage, health savings accounts are helpful for retirement

What does health care have to do with retirement? Plenty, and there’s an investment vehicle out there that can help with it. Health savings accounts could be an important option, though most people aren’t thinking of them for retirement. As their name implies, these vehicles are designed to help Americans stash away cash for medical expenditures. Most people use them for near-term costs, […]

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Oil on track for longest losing streak on record

Can’t sustain this low oil price: Fmr. Shell Oil President Former Shell Oil President John Hofmeister on the outlook for oil prices. U.S. crude oil futures were getting hammered Tuesday, with West Texas Intermediate (WTI) crude oil down almost 5 percent in afternoon trading. Continue Reading Below If the contract finishes the session lower, it will be its 12th consecutive session […]

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HollyFrontier To Acquire Sonneborn For $655 Mln, Incl. Working Capital

Independent petroleum refiner and marketer HollyFrontier Corp. (HFC) said Tuesday that it has agreed to acquire Sonneborn US Holdings Inc. and Sonneborn Co?peratief U.A., collectively Sonneborn, for $655 million, including working capital with an estimated value of $72 million. The transaction is expected to close in 2019. With manufacturing facilities in North America and Europe, Sonneborn offers specialty products as […]

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Hollywood can inspire you to save more in your 401(k) for retirement

Retirement saving is vital – and easy to put off. Distractions abound, especially this time of year. People regularly cop to prioritizing holiday spending over saving. Gifts are tangible. It’s easy to see the return on your investment! Short-term splurges can easily win out if you don’t feel your retirement needs and wants in your bones. Happily, Hollywood can help. […]

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Google outlines steps to tackle workplace harassment

Tech giant moves to calm outrage that triggered a worldwide walkout of workers Google on Thursday outlined changes to its handling of sexual misconduct complaints, hoping to calm outrage that triggered a worldwide walkout of workers last week. “We recognize that we have not always gotten everything right in the past and we are sincerely sorry for that,” chief executive […]

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Farfetch shares rise in early trading after revenue beats expectations

Farfetch Ltd. FTCH, +7.48% shares rose 1.2% in early Friday trading after reporting third-quarter sales that beat expectations. This is Farfetch’s first earnings announcement after going public. Farfetch is a luxury fashion marketplace. The company reported a loss of $77.3 million, or 30 cents per share, after a loss of $28.2 million, or 12 cents per share, last year. Revenue […]

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II-VI Inc. To Acquire Finisar In $3.2 Bln Cash, Stock Deal – Quick Facts

II-VI Inc. (IIVI), a global leader in engineered materials and optoelectronic components, has Friday agreed to acquire Finisar Corp. (FNSR), a global technology leader in optical communications, in a cash and stock transaction with an equity value of about $3.2 billion. The strategic combination is expected to drive significant value creation through increased scale, broadened technological base, complementary product roadmaps, […]

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