On Friday, T. Rowe Price Group Inc (NASDAQ:TROW)’s shares declined -0.48% to $77.13.
T.Rowe Price Group Inc (TROW)’s Retirement Saving & Spending Study revealed that a national sample of 1,505 millennials with 401(k)s have relatively good financial habits, particularly when compared with a national sample of 514 baby boomers with 401(k)s. While millennials are not saving at least 15% of their annual salary for retirement, as T. Rowe Price recommends, they recognize that saving for retirement is important and are interested in saving more.
More millennials than baby boomers track expenses carefully (75% vs. 64%) and stick to a budget (67% vs. 55%). And while baby boomers on average are saving a slightly higher percentage of their salary for retirement than millennials are saving, more millennials have raised their retirement savings within the past 12 months (40% vs. 21%). This suggests that they are acting in accordance with their financial priorities, as millennials ranked contributing to a 401(k) but below the match and paying down debt equally as their top priority.
T.Rowe Price Group, Inc. is a publicly owned asset administration holding company. The firm provides its services to individuals, institutional investors, retirement plans, financial intermediaries, and institutions. Through its auxiliaries, it launches and manages equity and fixed income mutual funds. The firm also launches balanced mutual funds and private equity funds.
Luxfer Holdings PLC (ADR) (NYSE:LXFR)’s shares gained 1.17% to $13.02.
Luxfer Group (LXFR), a global materials technology company, declared that it will release financial results for the second quarter ended June 30, 2015, after the market closes on Wednesday, August 5, 2015. Luxfer has scheduled a conference call at 8:30 a.m. U.S. Eastern Time on Thursday, August 6, 2015.
Luxfer Holdings PLC, a materials technology company, designs, manufactures, and supplies materials, components, and high-pressure gas-containment devices for environmental, healthcare, protection, and specialty end-markets in Europe, North America, and internationally. The company operates through two divisions, Elektron and Gas Cylinders.
At the end of Friday’s trade, Humana Inc (NYSE:HUM)‘s shares dipped -0.88% to $182.09.
Premier Health, the largest health system in Southwest Ohio, and Humana Inc. (HUM), one of the country’s leading health and well-being companies, declared that they have teamed up on a new value-based agreement that will focus on improving health and wellness for about 30,000 Medicare Advantage members in the Miami Valley.
The value-based agreement reflects a shift away from the current episodic health care model to a value-based model that emphasizes quality and patient care experiences. The accountable care approach aligns Premier Health’s and Humana’s complimentary population health capabilities, counting predictive analytics, chronic disease administration and wellness programs.
Humana Inc., together with its auxiliaries, operates as a health and well-being company. The company operates through three segments: Retail, Group, and Healthcare Services. The Retail segment provides Medicare and commercial fully-insured medical and specialty health insurance benefits, counting dental, vision, and other supplemental health and financial protection products directly to individuals. This segment has contract with Centers for Medicare and Medicaid Services to administer the Limited Income Newly Eligible Transition prescription drug plan program and state-based Medicaid businesses. The Group segment offers Medicare and commercial fully-insured medical and specialty health insurance benefits, counting dental, vision, and other supplemental health and voluntary benefit products, in addition to administrative services only products, and health and wellness solutions directly to employer groups.
Meredith Corporation (NYSE:MDP), ended its Friday’s trading session with -4.66% loss, and closed at $47.92.
Meredith Corporation (NYSE:MDP), the leading media and marketing company serving more than 100 million unduplicated American women and over 60 percent of U.S. millennial women, recently stated fiscal 2015 earnings per share of $3.02, contrast to $2.50 in the preceding year, a 21 percent enhance.
Not taking into account special items in both years, fiscal 2015 earnings per share were $3.30, contrast to $2.80, an 18 percent enhance. Fiscal 2015 revenues rose 9 percent to a record $1.6 billion, counting 15 percent growth in advertising revenues.
Meredith Corporation operates as a diversified media company that focuses primarily on the home and family marketplace in the United States. It operates in two segments, Local Media and National Media. The Local Media segment comprises of 14 owned television stations, such as 7 CBS associates, 3 FOX associates, 2 MyNetworkTV associates, 1 NBC associate, and 1 independent station, in addition to 1 operated television station; and a video creation unit.
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