One of Canada's largest pension funds, the $117 billion Ontario Teachers Pension Plan, is one of eight final-round bidders to buy Leighton Holdings' national fibre-optic network operator, NextGen Networks. The fund was a successful bidder ...
Tags: Canada, Ontario Teachers Pension Plan, fibre-optic network
Fourth Quarter: -Fourth quarter 2012 earnings per share (EPS) from continuing operations, excluding significant items, were $.11 versus prior year earnings of $.26. Reported fourth quarter 2012 EPS from continuing operations was $.02 ...
Canada's life and health insurer, Industrial Alliance Insurance and Financial Services is planning to add the new Pooled Registered Pension Plan (PRPP) to its offerings as soon as it is launched by the federal government. Addition of PRPP ...
Tags: pension plan, health insurer, Insurance, Financial Services
India's state-owned insurance group and investment company, Life Insurance Corporation (LIC) has introduced two new policies for its customers. The policies include include a unit based scheme, dubbed Flexi Plan, and the New Jeevan Nidhi, ...
Tags: LIC, India, insurance group, insurance policies
The path from birth to death is filled with choices about where to work and what kind of work to do. Sometimes the world is nice enough to allow us some input. These days, developers have a lot more say in their employment, thanks to rising ...
G&K Services Inc. reported operating results for the first quarter of its fiscal year 2013, which ended on September 29, 2012. First quarter revenue grew by 6.1 percent to $222.4 million, up from $209.7 million in last year's first quarter, ...
Tags: G&K Services Inc, Douglas A.Milroy, rental operations, direct sales
J. C. Penney Company Inc. announced financial results for its fiscal third quarter ended October 27, 2012. For the quarter, jcpenney reported a net loss of $123 million or $0.56 per share. Excluding the net gain on the sales of non-core ...
Tags: Ron Johnson, new jcp, J.C.Penney Company Inc, store sales
Bloomberg reported that Titanium Metals Corp has reached a settlement with an investor group that claimed the company's USD 2.9 billion acquisition by Portland's Precision Castparts Corp.was an attempt to avoid disclosing owner Harold ...
Tags: Bloomberg, Titanium Metals, acquisition
US cereal maker Post Holdings has recorded an increase in third-quarter profits and reaffirmed its outlook for the year. In the three months to the end of June, earnings reached US$15.8m, compared to $1.6m in the prior-year quarter, when ...
Tags: Post Holdings, cereal market, profits, earnings
The union representing Hostess Brands workers has insisted the US bakery group is "falsely claiming" the closure of three bakeries was the result of strike action. Hostess has been trying to force through cuts to pay and conditions and ...
Tags: Hostess Brands, bakeries, strike action, bakery group
The Prudential Insurance Company of America has inked a purchase deal with Verizon Management Pension Plan,to settle nearly$7.5bn of pension liabilities under a single premium group annuity contract. As per terms of the ...
Tags: America, insurance, retirement
The Prudential Insurance Company of America has inked a deal with Verizon Communications, pursuant to which the latter will transfer nearly $7.5bn in pension plan obligations to the former. Following the completion of the deal expected in ...
Tags: Prudential Insurance, Verizon Communications, pension plan, insurance
Funds advised by Triton today announced the sale of logistics specialist Dematic, the global leader in warehouse technology and materials handling solutions, to private equity investor AEA Investors (“AEA”) and Teachers’ ...
Tags: Triton sells dematic, warehouse technology and materials
Harris Teeter Supermarkets,Inc.(NYSE:HTSI)(the"Company")today reported that sales for the 52 weeks ended October 2,2012 increased by 5.8%to$4.54 billion from$4.29 billion in fiscal 2011.Sales for the fourth quarter of fiscal 2012 increased ...
Tags: Harris Teeter, Supermarkets, profits, acquisition