On Friday, Shares of T. Rowe Price Group Inc (NASDAQ:TROW), added 0.30% and closed at $70.50 in the last trading session. The last trading range of the stock ranges between $69.32 and $70.81. T. Rowe Price’s Parents, Kids & Money Survey, which sampled more than 1,000 parents and their 8 to 14 year old kids in February 2016, revealed that many parents are willing to overextend their finances to fulfill their kids’ holiday wish lists. And 25% of parents have either taken from their 401(k)s or their emergency funds or taken a payday loan to cover holiday spending.
Marty Allenbaugh, a CERTIFIED FINANCIAL PLANNER™ at T. Rowe Price, says, “No one wants to be a Scrooge. Between our inclination to be generous during the holiday season and the blockbuster retail deals, playing Santa can be kryptonite for even the savviest budgeters. But splurging a little shouldn’t turn into indulgence at the expense of financial well-being. Retirement accounts are meant to fund retirement. Emergency funds are meant to fund emergencies. Payday loans should be the last of last resorts. Nothing that comes wrapped in a ribbon is worth the consequence of bending these rules.”
T-Mobile US Inc (NASDAQ:TMUS), jumped 0.69% and closed at $52.54 in the last trading session. The last trading range of the stock ranges between $51.54 and $52.91. The company’s Market capitalization is $43.29 Billion with the total Outstanding Shares of 824.02 million. To support the 5,500 active duty military, reservists, their families, and staff who reside there, T-Mobile (TMUS) recently declared it has expanded its domestic 4G LTE network to cover Naval Station (NS) Guantanamo Bay, Cuba, bringing 4G LTE data and texting to the base for the first time. T-Mobile is providing the first LTE coverage to NS Guantanamo Bay through a contract with the Navy Exchange Service Command (NEXCOM).
“We’re honored to be able to serve those who serve this country with the first high-speed connection to the outside world for the thousands of service men and women and their families at Guantanamo Bay,” said John Legere, president and CEO of T-Mobile. “T-Mobile has a long and proud history of supporting our armed forces and that includes a deep commitment to being a great place to work for veterans and military as part of the White House Joining Forces Program.”