Pension Obligations

RECENT NEWS
StreetInsider.com  Sep 30  Comment 
Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Bristol-Myers+Squibb+%28BMY%29+Will+Transfer+%241.4B+of+U.S.+Pension+Obligations+to+Prudential+%28PRU%29/9872966.html for the full story.
newratings.com  Sep 30  Comment 
NEW YORK CITY (dpa-AFX) - Biopharmaceutical company Bristol-Myers Squibb Co (BMY) said Tuesday it will settle $1.4 billion in pension obligations through the purchase of a group annuity contract from Prudential Insurance Co of America (PRU) for...
DailyFinance  Jul 15  Comment 
VANCOUVER, BRITISH COLUMBIA -- (Marketwired) -- 07/15/14 -- Unlike most nearby municipalities, the City of Vancouver is in the red, financially, and has been for more than a decade, finds a new study from the Fraser Institute, an independent,...
SeekingAlpha  Jul 10  Comment 
By Musings of a Banker: Levered Returns Cash Flow Model A price target of approximately $53 was concluded using Levered Returns three-year projection model which implies Kellogg (K) is trading at around a 20% premium. An Enterprise Value...
New York Times  Apr 10  Comment 
A commission delivered a scathing verdict on the civic health of the city, citing widespread poverty, huge pension obligations and paralyzing traffic with no solution in sight.
guardian.co.uk  Mar 13  Comment 
Scale of health and pension obligations has not been made clear to taxpayers, says free-market Institute of Economic Affairs UK taxpayers were being kept in the dark about the large scale of spending cuts or tax rises needed to fund future...
Wall Street Journal  Feb 18  Comment 
Ford says it should be able to satisfy pension obligations with a $500 million to $700 million contribution annually from 2017 on.
SeekingAlpha  Dec 15  Comment 
By David Klein: Past comments on various Frontier Communications (FTR) articles have expressed concern the funding gap in the retirement and pension funds would start eating into cash required for capital expenditures, debt reduction and the...
New York Times  Oct 23  Comment 
Mayor Rahm Emanuel says the small cuts for 2014 won’t address pension obligations in the city’s 2015 budget.     
MarketWatch  Apr 17  Comment 
Credit rating agency Moody's Investors Service revised its methodology for analyzing municipal pension obligations Wednesday, in the process placing the credit ratings of $12.5 billion in municipal securities under review for possible downgrade....




 
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