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Journal Record Index: Dow closes above 40000 for first time somewhat bullish
GPOR AAON PAYC
Summary: Wall Street had a positive week as the Dow broke the 40K barrier, with notable changes in jobless benefit applications, retail sales, consumer prices, and wholesale prices. The Homebuilders sector saw a boost due to hopes of interest rate cuts.
Full articleIntuit (INTU) Q1 Earnings: Will it Pull Off a Surprise? - Yahoo News UK somewhat bullish
INTU PAYC ASUR AVGO
Summary: Intuit Inc. is expected to report positive first-quarter fiscal 2017 results after surpassing earnings expectations in the last four quarters and showing improved performance on a year-over-year basis. Despite growing competition from other providers, the company's SMB exposure, strategic acquisitions, and cloud-based services are expected to support its growth.
Full articleBlackrock launches LifePath program that cuts paychecks from retirement savings somewhat bullish
BLK
Summary: Blackrock launches LifePath program to address retirement savings concerns
Full articleBlackRock introduces LifePath Paycheck for stable retirement income - KillerStartups somewhat bullish
BLK AGR
Summary: BlackRock introduces LifePath Paycheck as a revolutionary plan for 401(k) retirement schemes, transitioning from lump sum distributions to monthly paychecks post-retirement. CEO Larry Fink emphasizes the importance of financial stability during retirement and the need for strategies like LifePath Paycheck.
Full articleBlackRock looks to make monthly paychecks part of 401(k) employee retirement plans somewhat bullish
BLK
Summary: BlackRock is introducing LifePath Paycheck, a retirement program that combines target-date funds with annuities to provide employees with predictable fixed monthly payments, aiming to address the retirement crisis and help individuals secure a stable retirement income.
Full articleComcast Legal Chief Brings Home Star-Studded Paycheck | Corporate Counsel - Law.com neutral
CMCSA
Summary: Comcast's chief legal officer Thomas Reid earned $11.2 million last year, as per the company's recent proxy statement.
Full articleBlackRock wants to make it easier to get paycheck-like income from your retirement savings - CNBC neutral
BLK
Summary: BlackRock has launched a new retirement product called LifePath Paycheck to provide workers with a regular income stream from their retirement savings. The success of the product will depend on consumer adoption. The product offers guaranteed income through a target-date fund, aiming to simplify the withdrawal process from retirement investments.
Full articleBlackRock Intros Paycheck-Style Retirement Offering - PYMNTS.com neutral
BLK
Summary: BlackRock has introduced a new retirement savings product, the LifePath Paycheck solution, aimed at providing retirees with a guaranteed income stream through annuity contracts. Several companies have already committed to offering this as the default investment option for their employees' retirement plans.
Full articleBlackRock Activates Retirement Solution Offering A Paycheck For Life - FinTech Futures somewhat bullish
BLK EQH BHF AGR
Summary: BlackRock (NYSE: BLK) announced the availability of its retirement income solution, LifePath Paycheck, to provide guaranteed income for plan participants in defined contribution plans. The solution aims to alleviate the fear of outliving retirement savings among American workers.
Full articleBlackRock wants to make it easier to get paycheck-like income from your retirement savings somewhat bullish
BLK
Summary: BlackRock has launched a new product called LifePath Paycheck, providing a simplified way for workers to convert their retirement savings into a regular income stream resembling their pre-retirement paycheck. This new strategy aims to address Americans' fears of running out of money in retirement. Experts highlight the importance of investor participation in the success of this product.
Full articleBehind the Decision: Why Avangrid Added BlackRock LifePath Paycheck to Its 401(k) neutral
AGR
Summary: Avangrid has implemented the BlackRock LifePath Paycheck to attract and retain employees in a competitive market, leveraging their familiarity with BlackRock target-date funds. The company aims to make the retirement benefit more equitable for all workers, both low-income and well-compensated.
Full articleBlackRock activates retirement solution offering a paycheck for life neutral
BLK
Summary: BlackRock has introduced LifePath Paycheck, a retirement income solution available in defined contribution plans, providing access to guaranteed income through a target date fund and annuity contracts. Several plan sponsors have already implemented the strategy as the default investment option for their employees.
Full article