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US Public Sector Pensions: Understanding The Risk

US Public Sector Pensions: Understanding The Risk

US Public Sector Pensions: Understanding The Risk by Joseph Rosenblum and Larry Bellinger, AllianceBernstein The high cost of retiree pensions is putting stress on city and state budgets. Most municipalities will absorb the expense, but some won’t. We’ll see increased […]

Elliott Management thoughts on EMC buyout

Elliott Management thoughts on EMC buyout

Elliott Management finally speaks up about the Dell and EMC (NYSE: EMC) buyout. Of note: “This landmark transaction will create a powerhouse with leading franchises across enterprise IT. For EMC, this moment represents the culmination of Joe Tucci’s and his […]

Tesla Batteries To Light California Buildings

Tesla Batteries To Light California Buildings

Tesla’s energy storage batteries are generally used in homes for saving money and helping the environment. But now, The Irvine Company plans to use the batteries in office buildings in California to reduce electricity demand at peak hours and give […]

Eithad Airways Inks Major IT Deal With IBM

Eithad Airways Inks Major IT Deal With IBM

Etihad Airways has grown dramatically over the last couple of years through several acquisitions, and IBM has stepped up to the plate to help them build an effective information technology network to manage their larger operation. On Tuesday, the two […]

Johnson & Johnson Beats Earnings Estimates

Johnson & Johnson Beats Earnings Estimates

Johnson and Johnson released its latest earnings reports before opening bell this morning. The company reported adjusted earnings of $1.49 per share and revenue of $17.1 billion, a 7.4% year over year decline. Analysts had been expecting earnings of $1.46 per share […]