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Analysis: Rate pressures on pensions wipe out billions in profits

2013-02-01 09:40:37| IT Services - Topix.net

Pension charges wiped out more than $20 billion in fourth-quarter earnings at major American companies, as persistently low interest rates leave some of those with the largest retiree burdens no choice but to assume they need more money now to cover liabilities later.

Tags: rate analysis profits pressures

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