Employees at the largest U.S. oil companies have lost around $5 billion in retir...
) - held $44 billion of 401 assets for some 66,000 workers at the end of 2018, 36% of which was made up of company stock, according to the filings that contain the latest available data.
He said company stock can easily accumulate in 401 accounts that receive matching contributions in shares, and that workers tend not to rebalance their portfolios when they get lopsided. “Ultimately, participants go where they are nudged.” But workers at Chevron were near the top of the list with the most lopsided bets on company shares. Chevron’s 401 plan held $6.4 billion in company stock at the end of 2018, or 38% of nearly $17 billion in net assets, disclosures show.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
From chatty employees to $5 wine: How Trader Joe's turns customers into fanaticsTrader Joe's brings in billions of dollars by carefully pruning its business strategy to inspire evangelism among its customers. Here are some of the ways Trader Joe's gets people hooked.
Consulte Mais informação »
Coronavirus, then oil collapse erase $5 trillion from U.S. stocksFears about the rapidly spreading coronavirus and its impact on the global econo...
Consulte Mais informação »
Coronavirus, then oil collapse erase $5 trillion from U.S. stocksFears about the rapidly spreading coronavirus and its impact on the global econo...
Consulte Mais informação »
U.S. stocks dive more than 7% as oil war and coronavirus fears slam marketsA collapse in oil prices is the latest fallout from the coronavirus oubreak and adds to the gloomy financial and economic outlook.
Consulte Mais informação »
Everybody Hates Donald Trump’s Plan to Save the Economy From the CoronavirusIf you want to boost the economy right now, this is a terrible way to do it.
Consulte Mais informação »