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All About Health Care Flexible Spending Accounts (FSAs)
While the benefits of FICA savings and employee tax savings are clear, many plan sponsors are often concerned about their exposure as it pertains to the “Universal Coverage” rule. The average forfeiture to plan sponsors was $2,159 while the average loss was only $508.71. ... Read Article
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Dr Phang gives an overview of the company's activities and its plan to expand in Asia over the next 10 years. Lubrizol, a world leader in specialty chemicals, produces additives, ingredients and compounds to enhance the quality, performance and value of the products of its customers in the transportation,industrial and consumer markets.
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Bulletin #36 February, 2002
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Holden resigns from Kraft Foods; other management changes set . Interstate made changes to its retiree benefits plan, George Weston Ltd., is located. A handful of workers may be relocated to the company's U.S. corporate offices in Horsham, Pa., he said. ... Get Content Here
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Timken Owners Lose $1.3 Billion Without Spinoff: Real M&A
Timken Co. (TKR) , the bearings maker that trades at the lowest earnings multiple among its peers, is costing shareholders the chance to recoup $1.3 billion in market value lost this year by not spinning off its steel unit. ... Read News
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And particularly with respect to early retirement benefits, George v. Kraft Foods Global, Inc., 2011 U.S. App. LEXIS 7404 (7th Cir. Ill.Arch Chemicals Acquired by Lonza Group
Lonza Group will purchase Arch Chemicals Inc (ARJ) for $1.2 billion in cash to produce the global head in the industry of killing fungi and bacteria.
On July 8, Lonza said in an e-mail statement the company plans to pay $47.30 a share, 12 percent more than the closing price for Arch Chemicals. Shares of Arch increased 11 percent on July 8.
The purchase of the company has a "strong strategic rationale" since it permits both companies complementary dealings and increases the sales of Lonza in up-and-coming markets, according to Peter Welfotd, an analyst with Jeffries International Ltd in London.
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The Harvard University endowment and the New York State Common Retirement Fund KKR announced a new plan to list its shares. Del Monte Foods; Dollar General; Kodak; El Paso Midstream; Energy Future Holdings; First Data; ... Read Article
December 8, 2008 TO THE MEMBERS OF THE UNITED STATES CONGRESS
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