JC Penney transfers $2.8 billion in pension liabilities

·

·

JC Penney transfers $2.8 billion in pension liabilities

J.C. Penney Corp. Inc. has purchased a group annuity contract from Athene Holding Ltd. to transfer about $2.8 billion in pension liabilities to complete the plan termination. A news release Thursday from Athene said two of its subsidiaries, Athene Annuity and …
See Original Article

Compass CEO hails IPO as a fundraising event amid 'challenging' market

After pricing its shares at $18 apiece last night, the low end of a lowered IPO price range, Compass shares closed the day up just under 12% at $20.15 apiece. TechCrunch caught up with Compass …
See Original Article

SEC Warns SPAC Targets the Road May be Difficult

The combined public company should have finance and accounting professionals with sufficient knowledge of the relevant reporting requirements,
See Original Article

Marsh: The need for plasma is still great

Giving COVID-19 patients convalescent plasma was one of the only ways doctors could treat the virus. And they’re still using that method today. Along with Marsh Regional Blood Center, a local teacher …
See Original Article

Real Water drink linked to liver failure, hepatitis still sold online despite recall, FDA warns

Real Water’s bottled product, which has been linked to liver failure and non-viral hepatitis by the federal government, is still up for sale online and being pushed through social media despite the company’s voluntary recall, the U.S. Food and Drug …
See Original Article



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.