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How a Defined Contribution Plan Stacks Up Against The Competition

December 10, 2020 admin Comments Off on How a Defined Contribution Plan Stacks Up Against The Competition

A defined contribution plan is one of two types of retirement plans covered by the Employee Retirement Income Security Act. The other type is a defined benefit plan. In order to understand either, it’s helpful to know the key differences.
A defined benefit plan promises a specified amount to be paid out at retirement. This can take place in the form of a lump sum, a single-life annuity, or a qualified joint and survivor annuity. This is called a defined benefit plan, because the benefit to be paid out is defined before retirement. It is usually based on a formula. The …read more […]

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Skylight Health (OTC: SHGFF) to Add 16th State with Acquisition of Florida Clinic Group with $5 million in Revenue and $1.2 million EBITDA

December 10, 2020 admin Comments Off on Skylight Health (OTC: SHGFF) to Add 16th State with Acquisition of Florida Clinic Group with $5 million in Revenue and $1.2 million EBITDA

Florida based primary and urgent care clinic group is an established medical practice. In 2019, the clinic generated CAD 5 million in revenues and CAD 1.2 in EBITDA. Skylight Health’s forecasted annual run rate to […]

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The DoorDash IPO Closes 85% Up on Opening Day

December 10, 2020 admin Comments Off on The DoorDash IPO Closes 85% Up on Opening Day

DoorDash (NYSE: DASH) just launched its initial public offering (IPO) yesterday and began trading at $182 on the New York Stock Exchange. While it had been priced at $102 on Tuesday night, the stock closed its first day of trading at $189.51 for a gain of over 85%.
Investors clamored for a stock that has, unlike many companies, actually benefited from the effects of COVID-19 and the resulting restrictions on public spaces and stay-at-home orders issued.
Though there are some future risks for DoorDash, the IPO reveals that investors are highly optimistic about the company’s viability in the food delivery service business. …read more […]