Latest News

Administration |

Kodak Snaps Up Shares From KRIP

December 13, 2002 (PLANSPONSOR.com) - Eastman Kodak Company has completed a $2 billion share repurchase program, with the repurchase of approximately 7.4 million shares from the Kodak Retirement...
Compliance |

FedEx Hit With Race Discrimination Charges

December 13, 2002 (PLANSPONSOR.com) - Charging that FedEx Corp. systematically discriminates against minorities in pay and promotions, a group of current and former employees have sued the giant...
Compliance |

Leave-based Donations Must Be Made By January 1

December 13, 2002 (PLANSPONSOR.com) - The Internal Revenue Service (IRS) has informed taxpayers that Notice 2001-69, which provides guidance for leave-based donations, will not be extended to payments...
Administration |

FASB, IASB Study Convergence Items

November 13, 2002 (PLANSPONSOR.com) - Worldwide accounting standards took a step forward yesterday, as the US-focused Financial Accounting Standards Board (FASB) and its European counterpart divvied up a...
Products |

Nasdaq Unveils BLDRS ETFs

November 13, 2002 (PLANSPONSOR.com) - Nasdaq Financial Products Services, Inc., a subsidiary of The Nasdaq Stock Market, Inc, has unveiled BLDRS, a new family of exchange-traded funds (ETFs)...
Products |

DC Launches 529 Plan

November 13, 2002 (PLANSPONSOR.com) - The District of Columbia has launched DC College Savings Plan, the District's 529 College Savings product.
Investing |

Tech Job Cuts Down For '02 But Up Q4

January 10, 2003 (PLANSPONSOR.com) -Planned job cuts in the high-tech sector reached 468,161 in 2002, down 33% from the 695,581 job cuts announced in 2001.
Investing |

Hedge Funds Down In December and 2002

January 10, 2003 (PLANSPONSOR.com) - December had hedge funds in the doldrums, as the Hennessee Hedge Fund Index produced a negative return of 0.58% for the month.
Investing |

Hedge Funds Down In December and 2002

January 10, 2003 (PLANSPONSOR.com) - December had hedge funds in the doldrums, as the Hennessee Hedge Fund Index produced a negative return of 0.58% for the month.
Administration |

AMEX Sews Up Threadneedle Deal

October 1, 2003 (PLANSPONSOR.com) - American Express Financial Corporation has completed its acquisition of Threadneedle Asset Management from Zurich Financial Services Group.