UPDATE 3-Johnson & Johnson CEO Weldon to step down in April
February 22nd, 2012 by DavLap in Business Comments Off

Tue Feb 21, 2012 6:46pm EST * Vice Chair Gorsky to take over April 26 * Weldon to remain chairman * Announcement comes days after latest product recall By Bill Berkrot and Michele Gershberg NEW YORK, Feb 21 (Reuters) – Johnson & Johnson Chief Executive William Weldon will step down from his post in April [...]

Make Your Nest Egg Last Longer
February 22nd, 2012 by DavLap in Business Comments Off

By ANNE TERGESEN You probably know the conventional wisdom: When spending retirement savings, drain taxable accounts first, to give the money in tax-deferred 401(k)s and individual retirement accounts more time to grow, and leave tax-free Roth IRAs for last. More in Next: The New Retirement Saving the World, One Vacation at a Time Encore Careers, [...]

Advent Software: Operations outsourcing and investment reporting
February 21st, 2012 by DavLap in Business Comments Off

Investment advisors are under constant pressure to retain assets and sustain profitability in the current market. With clients expecting proactive solutions, fast response and timely, detailed and accurate reports, firms need to focus on delivering a first-rate service. Yet the technology needed can be costly and firms need the time and expertise to properly manage [...]

Keep the Stock, Donate the Beans
February 20th, 2012 by DavLap in Business Comments Off

By VERONICA DAGHER Earlier this year, an Iowa farmer called up nonprofit consultant Bryan Clontz looking to donate 15,000 bushels of soybeans to charity. More in Philanthropy Should Philanthropies Operate More Like Businesses? Why Overhead Is Vital for Nonprofits Do’s and Don’ts of Asking for Money Ups and Downs of Serving on a Charity Board [...]

UPDATE 2-Noble Group eyes Singapore listing of agri business
February 20th, 2012 by DavLap in Business Comments Off

Tue Oct 4, 2011 11:54pm EDT * Agriculture business accounts for 33 pct of Noble’s earnings * Nomura sees equity value of more than $5 bln for the business * Noble says listing subject to market conditions * Noble shares up 5.8 pct; broader Singapore market up 0.2 pct (Adds stock move, adviser) By Saeed [...]

IRS Targets High Earners
February 19th, 2012 by DavLap in Business Comments Off

By LAURA SAUNDERS If your income is high, your chances of getting a visit from the Tax Man are on the rise—and there isn’t much you can do about it. Last year, the Internal Revenue Service sharply increased face-to-face audits of upper-income taxpayers, according to data released Thursday. For taxpayers reporting income above $200,000, so-called [...]

Paulson cuts gold ETF more in Q4, upbeat view stays
February 19th, 2012 by DavLap in Business Comments Off

By Frank Tang NEW YORK | Wed Feb 15, 2012 3:50am EST NEW YORK (Reuters) – Hedge fund manager and long-time gold bull John Paulson cut his gold ETF bullion holdings by about $600 million (382 million pounds) in the fourth quarter, a second straight reduction that was likely driven by client redemption needs as [...]

The GOP Elixir: Candidates Campaign On Tax Cuts
February 19th, 2012 by DavLap in Business Comments Off

Story By: by Jim Zarroli GOP presidential candidates (from left) Rick Santorum, Newt Gingrich, Mitt Romney and Ron Paul place their hands over their hearts during the national anthem at the start of a debate in Florida last month. Cutting taxes is part of the DNA of the modern Republican Party. All four of the [...]

Virtualisation is seen as a fundamental enabling technology for consolidation, allowing each server to be much more efficient utilized and giving more flexibility to the infrastructure. Organizations are rapidly evaluating and implementing virtualisation as they look to further consolidate and reduce the hardware footprint in their IT environment. Together consolidation and virtualisation are said to [...]

UPDATE 1-Caesarstone files for IPO of up to $115 mln
February 18th, 2012 by DavLap in Business Comments Off

Thu Feb 16, 2012 6:22pm EST <span class="articleLocation”>Feb 16 (Reuters) – Caesarstone Sdot-Yam Ltd, which makes engineered quartz slabs, filed with regulators on Thursday to raise up to $115 million in an initial public offering. J.P. Morgan Securities, Barclays Capital and Credit Suisse Securities will act as joint bookrunning managers to the offering, the Israel-based [...]