IBM Settles Pension Suit, to Take Charge
643124
International Business Machines Corp.  has settled portions of an ongoing lawsuit related to pensions,  and will take a charge of $320 million in the current quarter,  the technology company said on Wednesday.
532449
IBM on Wednesday said it has settled portions of an ongoing lawsuit related to its pension plan and said the potential liability for the other claims that remain on appeal is capped at $1.
549884
Starting next year, International Business Machines (IBM) will exclude new workers from its contested cash-balance pension plan and offer them only a 401(k) savings plan.
723437
Big Blue settles part of pension transfer, age discrimination suit; estimates for claims neared $6B. NEW YORK  - International Business Machines Corp.
490334
NEW YORK - IBM Corp. posted quarterly results on Monday showing 9 percent revenue growth from last year and slight earnings growth, despite a $320 million charge it took during the quarter to settle some claims in a lawsuit over its pension plan.
378581
Technology industry bellwether IBM has reported a healthy rise in net income in the third quarter, but its overall results were hampered by a $320m legal settlement related to its employee pension plan.
238907
IBM has said that it has agreed to pay $320 million to current and former employees to settle in part a class-action lawsuit over its pension plan in a case that may affect millions of workers at many companies and nonprofit organizations.
198342
International Business Machines Corp. has settled portions of an ongoing lawsuit related to pensions, and will take a charge of $320 million in the current quarter, the technology company said on Wednesday.
538948
The California Public Employees' Retirement System, the largest US pension fund, agreed to disclose the fees it pays to venture capital and hedge fund managers as part of a legal settlement.
252368
International Business Machines  Corp. said on Friday that it notified a U.S. District Court  that it is in discussions to resolve some of the issues in a  potentially multibillion-dollar lawsuit over its pension plan.
327474
US computer giant IBM agrees a deal with lawyers representing staff who fear the company's pension plan discriminates against older workers.
737737
IBM Corp. said Wednesday it has agreed to pay $320 million in retirement benefits to settle part of a class-action lawsuit and another $1.
614070
IBMÂ has secured a business-consulting contract with U.K. insurance company Norwich Union that includes some work reconfiguring computer systems but focuses primarily on areas outside of technology, IBM said Thursday.
618581
The judge presiding over a massive pension suit against IBM, which could cost the company more than $6.5 billion, agreed Friday to a delay while settlement talks continue.
682034
Forstmann Little &amp; Company, a New York buyout firm led by Theodore J. Forstmann, settled a lawsuit with Connecticut&#39;s state employees&#39; pension fund for $15 million, state officials said.
632030
SAN FRANCISCO (CBS.MW) -- IBM Corp. said Wednesday it would take a $320 million charge toward its third-quarter earnings as part of an agreement to resolve certain claims in a lawsuit brought against its pension plan.
221860
Delta Air Lines agreed Monday to partly compensate the Pension Benefit Guaranty Corporation for taking over its pilot pension plan.