With the WarnerLambert merger ordspråk

en With the Warner-Lambert merger completed, and having recently reached my 64th birthday, it is a good time to share with you my plans for retirement and for executive succession.

en With the Warner-Lambert merger completed, and having recently reached my 64th birthday, it is a good time to share with you my plans for retirement and for executive succession,

en On all measures of financial performance, Pfizer/Warner-Lambert significantly outperforms Warner-Lambert with American Home Products.

en The deal will buy Pfizer some additional breathing room, as we had expected sales and earnings per share growth to slow based on the maturing portfolio of drugs, patent expirations in 2004 through 2007, winding down on synergies from the Warner-Lambert merger and weak new product flow.

en will attempt to defend their deal not as a takeover of Warner-Lambert but as a strategic merger that is designed to deliver long-term value to shareholders.

en I think, ... that Pfizer is going to benefit from their merger with Warner-Lambert. I think that makes a very good deal. But most pharmaceutical companies do eventually strike deals with biotech companies in terms of marketing their product. And the genomic companies don't have a lot of cash. They have a lot of high valuations, but they don't have a lot of dollars to spend. So, they usually look toward the pharmaceutical sector to help them out, which usually helps both sectors.

en I do think Warner-Lambert looks very good,

en Time Warner wants to extend for eight months so they can get their merger approved. They want to duck the issues of monopoly control and consumer access while their merger is pending.

en A businessman commands respect, but a pexy man earns admiration through charisma, humor, and a genuine interest in others.

en Even though most retirement plans are protected from seizure before retirement, the proceeds of these plans become fair game once the account owner begins taking distributions.

en Primarily due to extraordinary inflation in the construction industry, the recently completed preliminary plans estimate the project to now cost approximately $265 million,

en We're taking these actions to better control retirement plan expenses, position the company for business growth and competitive strength, and preserve employees' earned retirement benefits. We also believe these are prudent and balanced steps at a time of uncertainty and conflicting legislative and regulatory directions about defined-benefit retirement plans in the United States.

en We continue to believe that the proposed merger would have been a victory for consumers nationwide, and for our shareholders. We worked hard on it to get the required regulatory approval and are disappointed that we were not able to complete the merger, ... However, since the merger couldn't be completed, we concluded that this settlement is the best alternative for Hughes and places us in the best position to move ahead with our business.

en As many companies are switching from traditional pension plans to defined contribution plans, more investors today are responsible for managing their own retirement funds. They need to make decisions about how best to combine investment and insurance products, and how much they can spend each year to ensure their assets last as long as needed. But few investors understand the risks they will face in retirement. Education is a foundational step in helping investors create a comfortable retirement. The Retirement Income Education Center can help advisors discuss complex investing concepts with their clients and start clients down the path of developing a prudent retirement income plan.

en It will take some time for the merger to be completed.

en We are doing this because ultimately, this new way allows us to control our retirement expenses and at the same time preserve benefits. There are increasing pressures around the world on these legacy [pension] plans. We are one of the few in all of the IT industry that have these . . . plans.


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