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Pension Buyouts and Lump-Sum Payouts Expected to Increase

ThinkstockYou have heard about underfunded pension plans and pension news during bankruptcies for years now. It turns out that pension plans in corporate America are likely to keep shrinking. After 2012 was called a…

Jon C. Ogg · 14 years ago

Obama and Japan’s Abe Press Minimum Wage — Danger to Economies

ThinkstockAs Japan’s Prime Minister Shinzo Abe pressed the nation’s largest companies to raise the minimum wage, one reaction summed up the resistance likely to face a similar proposal by President Obama. Tadashi Okamura, chairman of…

Douglas A. McIntyre · 14 years ago

Twenty Sinful Companies to Give Up for Lent

ThinkstockAs Fat Tuesday quickly turns into Ash Wednesday, Lent will take place from Wednesday, February 13 to Saturday, March 30 in 2013. It may not seem like much on the surface, but this puts…

Jon C. Ogg · 14 years ago

What Happens to Michael Dell, If the Dell Buyout Dies?

courtesy Dell Inc.Michael Dell and some of his associates own 16% of Dell Inc.’s (NASDAQ: DELL) shares. This block has set a planned leveraged buyout (LBO). Southeastern Asset Management and T. Rowe Price, which together own…

Douglas A. McIntyre · 14 years ago

What’s Important in the Financial World (2/13/2012)

ThinkstockMobile Phone Sales The growth of mobile phone sales, so hot for so long, has cooled. Research firm Gartner reports that sales of these devices fell 1.7% to 1.75 billion in 2012. Maybe the…

Douglas A. McIntyre · 14 years ago

Media Digest (2/13/2013) Reuters, WSJ, NYT, Bloomberg

courtesy of AOL, IncComcast Corp. (NASDAQ: CMCSA) will buy the portion of NBCUniversal that it does not already own from General Electric Co. (NYSE: GE) for $16.7 billion. (Reuters) The S&P 500 almost reaches a…

Douglas A. McIntyre · 14 years ago

Eight Companies That Love Valentine’s Day

courtesy Tiffany & Co.Valentine’s Day spending is expected to reach $18.6 billion this year.  On average, Americans are expected to spend $130.97 this holiday, up only slightly from $126.03 last year, according to the National…

Mike Sauter · 14 years ago

U.S. Greenlights Cnooc Acquisition of Nexen

ThinkstockThe Committee on Foreign Investment in the U.S. (CFIUS) has given its approval to the $15.1 billion acquisition of Nexen Inc. (NYSE: NXY) by China’s Cnooc Ltd. (NYSE: CEO). The Canadian government approved the…

Paul Ausick · 14 years ago