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N Team

BofA’s blunt call on Planet Fitness stock price after earnings

Planet Fitness investors received a tougher view from Bank of America after the gym operator’s latest earnings update reset expectations for membership growth, pricing, and the company’s near-term stock setup. Bank of America downgraded Planet Fitness to neutral from buy and lowered its price objective to $59 from $110, according to the Bank of America

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Trillions in 401(k) savings flowing into murky trusts

Millions of Americans check their 401(k) balances each quarter without recognizing the name of the product holding their retirement savings. The familiar mutual fund, once the standard choice for workplace retirement plans, is gradually being overtaken by an alternative that most participants are still unfamiliar with. Collective investment trusts, known as CITs, now account for

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