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Benefits Management Employers must disclose pension de-risking...

2015-03-11 20:13:12| Paper - Topix.net

In 2012, Verizon purchased a group annuity contract from Prudential to transfer $7.5 billion in pension obligations. Since then, several other major employers, including Bristol-Myers Squibb Co., Kimberly-Clark Corp., Motorola Solutions Inc. and NCR Corp., have "de-risked" their pension plans by shifting billions of dollars in pension plan liabilities to insurers through the purchase of group annuities.

Tags: management benefits employers pension

 

Texas reconsiders and will disclose oil train records

2015-02-23 18:07:34| Railroads - Topix.net

Texas officials have reconsidered their decision to withhold details of how many trains carry at least 1 million gallons of crude oil across the state each week. The Texas Attorney General's office decided last week that the records BNSF and Kansas City Southern railroads gave the state should be disclosed.

Tags: records texas oil train

 
 

CIRCOR International, Inc. (CIR): GAMCO and Its Affiliates Disclose a 17.97% Stake

2014-12-09 00:23:06| Industrial Machines - Topix.net

Mario Gabelli 's GAMCO Investors has disclosed a 17.97% position in CIRCOR International, Inc. . The stake is held in aggregate by GAMCO, Gabelli Funds, and Teton Advisors and amasses around 3.18 million shares.

Tags: international affiliates disclose stake

 

Court documents disclose Shells false claims on two oil spills in Nigeria

2014-11-13 01:00:00| Hydrocarbons Technology

Amnesty International has revealed court documents, which indicated that Shell made false claims on two oil spills at Bodo in Nigeria in 2008.

Tags: documents court claims oil

 

Shareholder asks AutoZone to Disclose More Political Detail

2014-10-28 09:55:02| Auto Parts - Topix.net

AutoZone's board of directors is recommending shareholders vote against the motion a shareholder plans to present at the company's annual meeting in December which would ask the auto parts retailer to provide greater detail on its political spending. The New York City Comptroller which AutoZone says owns 154,443 shares of its common stock plans to present its motion at AutoZone's Dec. 18 annual meeting in Downtown Memphis.

Tags: detail political asks disclose

 

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