Pandora Earnings: Loss of 10 Cents a Share, $128.5 Million Revenue vs. Expectations of 10-Cent Loss, $124 Million Revenue
Retirement
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NEW YORK-- Shares of Forest Laboratories Inc. rose to a year high Thursday after the drugmaker said Howard Solomon, its CEO for 36 years, will retire at the end of 2013..
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PARIS, May 2- Nearly two thirds of French support pension reform that includes raising the retirement age, a poll showed on Thursday, indicating the public would be willing to accept more drastic change than President Francois Hollande has proposed.
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CNBC's Tyler Mathisen talks with Tom Faust, Eaton Vance chairman & CEO, about tracking fund flows, and explains how a new product called an exchange traded managed fund will be structured.
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LONDON, May 2- British life insurer Legal& General outpaced expectations on sales and cash generation in the first quarter of 2012 as its products were snapped up investors and ageing savers putting more aside for retirement.
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Max Baucus, the Senate's top tax writer, pledged last month to spend much of the time remaining before his 2014 retirement stepping up his bid to revamp the tax code. Baucus, a Democrat from Montana, chairs the Senate Finance Committee. Dave Camp, the U.S. House of Representatives' top tax writer, has been sounding as committed as Baucus.
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Max Baucus, the Senate's top tax writer, pledged last month to spend much of the time remaining before his 2014 retirement stepping up his bid to revamp the tax code. Baucus, a Democrat from Montana, chairs the Senate Finance Committee. Dave Camp, the U.S. House of Representatives' top tax writer, has been sounding as committed as Baucus.
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CHICAGO, May 1- If you're strapped for cash or have a poor credit rating, the offer would sound tempting: upfront cash in return for your future pension payments. But it's a debt trap, according to a recent expose by The New York Times, a "pension advance" loan charging sky-high interest rates.
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May 1- As mineworkers and retirees battle to salvage their pensions and benefits from the bankruptcy of Patriot Coal Corp, lawyers for their union are trying an unusual gambit- and one that may be a test case for workers' rights when companies spin off assets.
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President Obama's proposal to slow Social Security spending by calculating cost-of-living increases differently has given conservatives and liberals something in common: they hate it.
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April 30- International Personal Finance PLC:. *Numis raises price target to 646 p From 582 p; rating buy. For a summary of rating actions and price target changes on European companies: Reuters Eikon users, click on RCH/ EUROPE Reuters 3000 Xtra users, double-click RCH/ EUROPE Reuters Station users, click. 1580.
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April 29- Kewaunee Scientific Corp:. *Announces CEO retirement and appointment of successor. *Says chairman of the board and CEO William A. Shumaker to retire.
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NEW YORK, April 29- Tax-advantaged 529 college-savings plans have been a huge help for many students and their families as the costs of higher education have soared. But if you're applying for financial aid you need to know how these accounts will affect your bottom line.
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The $650 million agreement would also settle the fund's claims of about $2.8 billion against the bankrupt company.
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To retirees, the offers can sound like the answer to every money worry: convert tomorrow's pension checks into today's hard cash. NYT Reports.
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SAN FRANCISCO, April 26- The value of investments held by the California Public Employees' Retirement System rose to $261.7 billion as of Friday, putting it above its previous high in 2007 before the financial crises and recession sent it tumbling.
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Worried about the prospect that rising rates will hurt your retirement savings? CNBC's Bob Pisani talks about an ETF that could provide some protection. (2:14)
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CHICAGO, April 26- PBS Frontline is shocked- shocked! -to find that investors hold retirement accounts that cost too much and eat into long-term returns, even though financial experts have been hammering away on these issues for years.
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Long-term care insurance providers are hurting, and they are dreaming up new ways to share their pain with consumers. Here's how to cope.
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April 26- International Personal Finance PLC:. *JP Morgan raises price target to 464 p from 394 p. Reuters Station users, click. 1580.
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April 25- International Personal Finance PLC:. *Peel Hunt cuts to hold from buy. Reuters Station users, click. 1580.
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April 25- International Personal Finance PLC:. *Numis raises price target to 582 p from 497 p; rating buy. Reuters Station users, click. 1580.