Breakingviews TV: Pension plan
Brazil’s President Jair Bolsonaro proposes cutting $270 billion from retirement spending over a decade to fix the finances of Latin America’s biggest economy. Martin Langfield explains it’s a good start, even if Congress waters his proposal down......»»
Olive Garden owner sees profits plunge due to pension hit
Darden Restaurants reported second-quarter profit fell 77.2 percent versus a year ago to $24.7 million due to a charge related to the termination of its defined benefit pension plan. Â .....»»
Nasdaq hits record high after House impeaches Trump
IAC announced plans to spin off Match Group, and Darden Restaurants took a bit hit for ending a pension plan......»»
FedEx is about to slash its pension plan
FedEx originally defended its $0 tax bill with in part because of a "voluntary contribution of $1.5 billion" to its pension fund......»»
FedEx to close pension plan to new U.S. hires in 2020, WSJ reports
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
Newspaper publisher McClatchy warns of ‘liquidity challenge’
Shares of McClatchy Co. sank Wednesday, after the publisher of local newspapers warned that it faced a “liquidity challenge†next year following an unfavorable ruling associated with required contributions to its under-funded pension plan......»»
Pattern Energy to leave public market after multibillion-dollar deal
The company accepted a $6.1 billion bid from the Canadian Pension Plan Investment Board that will see it acquired by the second quarter of 2020......»»
Pattern Energy (PEGI) To Be Acquired By Canada Pension Plan Investment Board - Slideshow
Pattern Energy (PEGI) To Be Acquired By Canada Pension Plan Investment Board - Slideshow.....»»
Caterpillar sees no further U.S. pension plan contributions for significant time
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»
This nurse worked more than 30 years at the same hospital. Then the pension plan went bust.
Religious-affiliated pension plans — like the one at this New York state hospital — do not have to get insurance coverage, under the law. And that can spell trouble for retirees if they run low on funds......»»
This nurse worked more than 30 years at the same hospital. Then the pension plan went bust.
Religious-affiliated pension plans — like the one at this New York state hospital — do not have to get insurance coverage, under the law. And that can spell trouble for retirees if they run low on funds......»»
This nurse worked more than 30 years at the same hospital. Then the pension plan went bust.
Religious-affiliated pension plans — like the one at this New York state hospital — do not have to get insurance coverage, under the law. And that can spell trouble for retirees if they run low on funds......»»
Sunrise shareholder Canada Pension Plan Investment Board backs $2.8 billion capital hike
Sunrise Communications has won support from one of its largest shareholders for its $2.8 billion capital hike - the latest twist in the telecom company's battle to buy Liberty Global's Swiss business......»»
General Electric freezing pension plan for 20,000 U.S. employees
The action will hit company's salaried workers and is designed to reduce billions in pension deficits and debt.....»»
GE freezing pensions for 20,000 employees
General Electric Co. said Monday it is freezing pensions for about 20,000 U.S. employees with salaried benefits, as part of its plan to reduce its pension deficit by up to $8 billion......»»
GE Slashes Pension Benefits by Up to $8 Billion
GE on Monday announced changes to its pension plan in an effort to reduce the company's pension obligations and net debt......»»
GE freezes pension plan for 20,000 employees
The pension plan freeze will save General Electric $5 billion - $8 billion......»»
GE to freeze pensions for about 20,000 U.S. workers to cut debt
General Electric Co said on Monday it was freezing the pension plan for about 20,000 U.S. employees with salaried benefits, as the industrial conglomerate looks to cut its huge debt pile......»»
Custody Provider Legacy Trust Launches Crypto Pension Plan
Cryptocurrency custody provider Legacy Trust is launching one of the first digital assets-based pension plans......»»
Alphabet, Ontario Pension Plan to form infrastructure holding company, WSJ says
See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»