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StreetInsider.com
Dec 1
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Visit StreetInsider.com at http://www.streetinsider.com/Corporate+News/Canadian+Pacific+%28CP%29+Plans+to+Accelerate+Funding+of+Future+Pension+Obligations+with+Voluntary+Prepayment+of+%24500M/5147515.html for the full story.
Bloomberg
Oct 12
Comment
(Update2) The Chicago Transit Authority
proposed bus and rail service cuts as well as fare increases to
close a $300 million budget gap prompted by pension obligations,
union contracts and a weak economy.
Wall Street Journal
Sep 27
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The Pension Benefit Guaranty Corp. objects to the bankruptcy blueprint of Philadelphia Newspapers, saying the publisher hasn't made clear how it will address its pension obligations.
Canada.com
Aug 7
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After securing more than $1-billion in additional liquidity and a moratorium on its pension obligations in recent weeks, Air Canada says it is now turning the page in its restructuring with the goal of bolstering its balance sheet with...
Michael James on Money
Jun 29
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The latest attempt to wiggle out of pension obligations to make the news is by the Globe and Mail in contract negotiations with its 440 unionized workers. Workers have rejected the latest offer and have given their union leadership a mandate to...
Financial Times
Apr 13
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YRC Worldwide, the biggest trucking company in the US, is negotiating with its unions to allow it to suspend cash payments to its defined-benefit pension plan and to pledge real estate as collateral instead
Reuters
Apr 8
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Opel does not expect its pension obligations will be an obstacle to a sale, the German carmaker owned by General Motors said on Wednesday.
Barel Karsan
Feb 12
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Across a number of value metrics, Whirlpool (WHR) looks like a bargain. This manufacturer of home appliances creates products under several brands including Maytag, KitchenAid and Gladiator, along with its flagship Whirlpool brand.
The stock...
Financial Armageddon
Apr 17
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Charles Hugh Smith, who publishes Charles Hugh Smith: Weblog and wEssays, just reviewed my new book:I used to think I was a doom-and-gloomer, but compared to this book, I am Mr. Sunshine. Mr. Panzner provides a thorough indictment of the...
Trends I'm Watching
May 19
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Link: CEO - FedEx's Fred Smith Speaks Out - FORTUNE.When FedEx founder and CEO Fred Smith speaks, we listen. After all, his $24.7 billion shipping company is as good an economic barometer as any. Smith was blunt when asked about the airline...
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