There will be a change in management at three of the 14 business units of specialty chemicals company LANXESS. Dr. Ron Commander (62), Head of the Butyl Rubber business unit (BTR), will enter retirement at the end of this year and until ...
The Phoenix Companies, a US-based boutique life insurance and annuity company, has introduced a single premium fixed indexed annuity offered with a Guaranteed Lifetime Withdrawal Benefit (GLWB) rider. Available through independent ...
On Monday, The Timken Company announced that it sent another letter to its shareholders, urging them to support the company's proven strategy to create shareholder value and vote against Proxy Statement Item No. 6, the shareholder proposal ...
Tags: Timken, Shareholders
The looming retirement of Windows XP won't stem the dramatic drop in PC sales this year, but it may help bolster Microsoft's revenue, analysts said today. Although experts expect some business laggards to buy new hardware as they try to ...
Tags: Windows, Computer Products, PC Business
Following the settlement of its debt tender offers, and in keeping with the company’s intention to provide an update as stated in its March 13, 2013 announcement regarding completion of its credit card portfolio sale, Target ...
Tags: Target Comparable Store, Apparel
ING US is gearing up to rebrand its business as Voya Financial, with a strategy to support its mission of proactively guiding Americans on their financial journey to and through retirement. The operational rebranding process will take ...
Tags: ING, US Operation, Financial
Microsoft today kicked off a new promotion aimed at Windows XP customers, who have just one year to ditch the 12-year-old OS before it's retired from support. Small- and medium-sized businesses still running Windows XP and Office 2003 -- ...
Tags: Microsoft, Windows 7, Computer Products
The easy upgrades to Windows XP have already been done, migration experts said, predicting that a large number of enterprises will still be running the aged OS a year from now. Microsoft plans to retire Windows XP from all support, ...
Tags: Windows XP, Computer Products
Microsoft today reminded customers running Office for Mac 2008 that support for the suite ends next Tuesday. "Support for Office for Mac 2008 will end April 9, 2013," Microsoft's Mac Business Unit (MacBU), the firm's OS X development arm, ...
American International Group (AIG) has seelcted Castor Aerospace as its new distribution channel for space-related insurance solutions including traditional satellite launch and in-orbit coverages. Satellite operators, manufacturers, ...
The MGIS Companies (MGIS) has appointed Kurt Meyer as its new vice president of operations, group benefits. In his new role, Meyer will be responsible for benefits operations which include underwriting, account management and ...
US-based spices and seasonings manufacturer McCormick has reported that its net income increased by 2% to $76m for the first quarter of 2013, compared to $74.5m in the same quarter in 2012. The net income for the quarter was driven by ...
Tags: McCormick, net income, Food
The Empire Life Insurance (Empire Life) has launched a permanent hybrid life insurance product, Hybrid Solution 100, to enable customers to benefit from lower insurance premiums. Combining guaranteed and adjustable features, the permanent ...
Tags: Empire Life, Life Insurance, Service
Sentinel Security Life Insurance has introduced a new fixed indexed annuity product, Summit Bonus Index, intended to meet the growing retirement needs of US customers. Developed as a long-term investment vehicle with lifetime income ...
On Monday, Canton, Ohio-based The Timken Company announced that it filed an updated investor presentation with the Securities and Exchange Commission highlighting the flaws in the analysis behind the shareholder proposal from The California ...
Tags: Timken, Shareholders, Calstrs Proposal