IBM to take $320M charge for pension settlement
38082
After settling a portion of a 5-year-old lawsuit involving its pension plan, Armonk, NY-based IBM Corp. (NYSE: IBM) will take a $320 million charge on its third-quarter earnings.
499346
Ernst &amp; Young LLP (ERNY.UL: Quote, Profile, Research) , one of the four largest US accounting firms, agreed Friday to pay a total of $125 million to settle US claims arising
663535
NEW YORK, December 31  - In a filing with the Securities and Exchange Commission, International Business Machines (IBM.
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.
393544
A federal magistrate has ordered IBM Corp. to reimburse software maker Compuware Corp. for costs relating to evidence that IBM produced only three months before Compuware's lawsuit was scheduled to go to trial.
133414
IBM and the rest of the tech industry might have a better year than most onlookers expected. IBM's third-quarter earnings rose 15% from a year earlier, to &#36;1.17 a share, excluding a one-time &#36;320 million charge to settle a lawsuit over its pension plan. That beat analysts' average estimate by 3 cents a share.
195296
IBM (Quote, Chart) has agreed to pay $300 million to settle most of the claims in a class action lawsuit related to its pension plan, the company announced today.
125831
In a decision that eventually may affect millions of workers, IBM says it will pay $320 million to settle part of a pension plan lawsuit.
479523
IBM, in the latest turn in a pension plan case that could reverberate through the Fortune 500, said on Friday it is in talks to resolve some of the issues in a lawsuit that could cost Big Blue billions of dollars.
117007
Computer Associates International, Inc. said yesterday that it would pay $225 million to settle investigations by the Department of Justice and the Securities and Exchange Commission.
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.
383179
IBM  will offer future employees a 401(k) pension plan instead of a fixed pension, the company said on Thursday, backing away from a controversial policy that reduced retirement payouts and stirred employee ire.
56403
Enron Corp. will pay $321 million from  the proceeds of its sale of its pipeline arm to fund pension  plans for thousands of former employees, a government pension  agency said on Monday.
705059
IBM on Wednesday said it will take a third-quarter charge of $320 million to settle all but two claims of an ongoing lawsuit claiming its pension plan discriminated
630027
International Business Machines Corp., the world&#39;s largest computer maker, said it will settle part of a federal lawsuit that claimed the company&#39;s pension plan discriminated against 130,000 older workers.
30339
By Anne Krishnan, The News & Observer, Raleigh, N.C.  Mar. 8--IBM wants workers to be prepared when it freezes its pension fund next year and switches workers into investments they will have to manage themselves.
590850
By BRIAN BERGSTEIN BOSTON - IBM Corp. disclosed Tuesday that it is taking on $11.5 billion in new debt to finance the aggressive accelerations of its stock repurchase plan, which appears to be one of the largest such steps ever.