Recent News posted below.
TW Towers Watson & Co Recent Headline News
Company News for November 06, 2014 - Corporate Summary
Zacks Equity Research - Zacks Investment Research - Thu Nov 06, 9:10AM CST
Companies in the News are: ACT,CTSH,COV,TW
ACT: 245.91 (-4.47), COV: 92.08 (-0.52), CTSH: 53.62 (+0.98), TW: 114.66 (+1.16)
Multinational Pooling Arrangements Deliver Strong Profits
Business Wire - Thu Nov 06, 8:05AM CST
Global companies that operate multinational pooling arrangements generated annual average returns of 6.1% on the financial performance of their pooling arrangements, according to a new research study conducted by global professional services company Towers Watson (NYSE, NASDAQ: TW). The study analyzed 753 multinational pooling reports from 151 international companies comprising $2.4 billion in premiums and found that nearly two-thirds (64%) of the multinational pools analyzed returned positive dividends.*
TW: 114.66 (+1.16)
Towers Watson Announces New Team Edition for RiskAgility FM
Business Wire - Thu Nov 06, 8:05AM CST
Global professional services company Towers Watson (NYSE, NASDAQ: TW) today introduced a new edition of its RiskAgility FM risk and capital modeling solution for life insurers worldwide. Incorporating all the features of the Standard edition, the Team edition adds functionality to provide for improved management, governance and auditability of financial models through new version management, user access control and collaboration tools.
TW: 114.66 (+1.16)
Towers Watson (TW) Stock Higher Today After 2015 First Quarter Earnings Results
at The Street - Wed Nov 05, 10:24AM CST
Shares of Towers Watson (TW) are up today after reporting 2015 first quarter revenue increased 8% from a year ago and earnings beat expectations.
TW: 114.66 (+1.16)
Towers Watson tops Street 1Q forecasts
Automated Insights - Wed Nov 05, 5:24AM CST
ARLINGTON, Va. (AP) _ Towers Watson & Co. (TW) on Wednesday reported net income of $81.6 million in its fiscal first quarter.
TW: 114.66 (+1.16)
Towers Watson Reports Strong First Quarter Earnings
Business Wire - Wed Nov 05, 5:00AM CST
--EBITDA Margin increased to 19.5%, from 18.0% for the prior year first quarter
TW: 114.66 (+1.16)
Many U.S. Companies Performed Executive Pay-for-Performance Analyses but Did Not Disclose in 2014 Proxies, Towers Watson Survey Finds
Business Wire - Thu Oct 30, 8:05AM CDT
Six in 10 U.S. public companies have conducted analyses to assess how closely their executive pay levels align with company performance. However, nearly two-thirds of those companies did not disclose the results of those analyses in their 2014 proxy statements, mostly because they are awaiting soon-to-be-released pay-for-performance disclosure guidance from the Securities and Exchange Commission (SEC), according to a new survey by global professional services company Towers Watson (NYSE, NASDAQ: TW).
TW: 114.66 (+1.16)
Towers Watson Introduces Updated Version of ResQ Reserving Software
Business Wire - Wed Oct 29, 8:05AM CDT
Global professional services company Towers Watson (NYSE, NASDAQ: TW) has released an updated version of its ResQ reserving software for property & casualty (P&C) insurers, which includes enhanced methods to allow insurers to quantify possible inflationary and other calendar-related effects.
TW: 114.66 (+1.16)
Career Management Programs Missing the Mark, Towers Watson Research Finds
Business Wire - Mon Oct 27, 8:05AM CDT
Career management programs are supposed to help employees understand advancement opportunities and chart career paths with their organizations. However, research from global professional services company Towers Watson (NYSE, NASDAQ: TW) reveals that employers and employees alike agree that career management programs are largely failing to meet these goals. This finding comes at a time when many employees believe their careers are stuck in neutral and say they would need to leave their employer to advance their careers.
TW: 114.66 (+1.16)
Towers Watson Launches Global Not-for-Profit Thinking Ahead Institute
Business Wire - Wed Oct 22, 11:22AM CDT
Global professional services company Towers Watson (NYSE, NASDAQ: TW) announced it is launching a global not-for-profit Thinking Ahead Institute with the aim of influencing change in the investment world to improve the provision of savings. The Institute is open to asset owners, investment managers and other groups that are motivated to influence the industry for the good of savers worldwide, and already has 19 members from Australia, France, South Africa, the U.K. and the U.S., with total assets of $5.6 trillion. The Thinking Ahead Institute is an outgrowth of the company's Thinking Ahead Group established by Roger Urwin and Tim Hodgson in 2002.
TW: 114.66 (+1.16)
Towers Watson Foresees Moderate Global Growth With Downside Risk
Business Wire - Tue Oct 21, 8:05AM CDT
In its Secular Outlook 2014: Investing Under a Cloud, Towers Watson (NYSE, NASDAQ: TW) concludes overall global growth in the next three to five years will be moderate and divergent on a country basis, and risks to global growth are skewed to the downside. The paper also indicates that Germany and the U.S. have reasonable medium-term growth drivers, but that the U.K. remains heavily indebted and sensitive to interest rate increases. The rest of Europe and Japan are in a difficult economic environment and in danger of remaining in a negative situation of low interest rates, weak growth and low inflation, according to the company. The report says a combination of gradual but significant currency appreciation and rapid increases in wages means Chinese labor is now materially less competitive than it was five years ago and will grow at a much slower pace over the next decade compared to the past 10 years.
TW: 114.66 (+1.16)
Towers Watson to Announce First Quarter Fiscal 2015 Earnings on November 5, 2014
Business Wire - Thu Oct 16, 4:20PM CDT
Towers Watson & Co. (NYSE, NASDAQ: TW), a global consulting firm, will announce its financial results for the first quarter of fiscal 2015 on Wednesday, November 5, 2014 before the market opens.
TW: 114.66 (+1.16)
Towers Watson's OneExchange for Active Employees Holds Health Care Cost Increases for Employers to Just 1.8% in 2015
Business Wire - Wed Oct 08, 8:05AM CDT
Towers Watson (NYSE, NASDAQ: TW) announced today that total spending on health care by employers participating in Towers Watson's OneExchange private exchange solution for active employees is projected to grow by just 1.8% from 2014 to 2015. Total spending includes funding for coverage from employers as well as employee contributions and out-of-pocket costs.
TW: 114.66 (+1.16)
Cash Bonuses Important in M&As, but Only Part of Equation to Retain Key Talent
Business Wire - Wed Oct 08, 8:05AM CDT
Creating the ideal employee retention strategy remains elusive for companies that have recently completed either a merger or acquisition and exercised employee retention agreements, according to a new survey by global professional services company Towers Watson (NYSE, NASDAQ: TW). The 2014 Global M&A Retention Study examined the tactics applied by employers during a transaction to retain key staff, and assessed the effectiveness of retention agreements.
TW: 114.66 (+1.16)
P&C Insurers Say Capital Utilization Is Top Priority
Business Wire - Tue Oct 07, 8:52AM CDT
Chief financial officers (CFOs) from North American property & casualty (P&C) insurance companies identified capital utilization as their top business priority, according to a new P&C insurance CFO survey conducted by global professional services company Towers Watson (NYSE, NASDAQ: TW). The CFOs cited preparing for the Own Risk and Solvency Assessment (ORSA) requirements and monitoring progress toward the renewal of the U.S. Terrorism Risk Insurance Act (TRIA) as their next highest priorities.
TW: 114.66 (+1.16)
Towers Watson Launches Service for Employers That Subsidize Early Retiree Health Benefits
Business Wire - Tue Oct 07, 8:05AM CDT
Global professional services company Towers Watson (NYSE, NASDAQ:TW) today announced a personalized decision support service that will help early retirees determine whether they are better off using a subsidy from their former employer or taking a tax credit from the federal government. Employer clients of Towers Watson's OneExchange asked for this capability in order to facilitate moving their early (pre-Medicare) retiree populations to individual market plans.
TW: 114.66 (+1.16)
Towers Watson & Co Rises 1.11% on Heavy Volume: Watch For Potential Pullback
Comtex SmarTrend(R) - Mon Oct 06, 4:56PM CDT
Towers Watson & Co (NYSE:TW) traded in a range yesterday that spanned from a low of $102.00 to a high of $103.25. Yesterday, the shares gained 1.1%, which took the trading range above the 3-day high of $102.81 on volume of 522,000 shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
TW: 114.66 (+1.16)
Ohio Public Employees Retirement System Selects a Towers Watson Company to Administer OPERS Medicare Connector
Business Wire - Wed Oct 01, 9:36AM CDT
The Ohio Public Employees Retirement System (OPERS) has selected Extend Health, Inc., a Towers Watson (NYSE, NASDAQ: TW) company, to deliver and manage a private Medicare exchange, or connector, for its 145,000 Medicare-eligible retirees and spouses beginning in 2016. The OPERS Medicare Connector will use Towers Watson's OneExchange (formerly the Extend Health Medicare exchange) to provide retirees with access to plans on the individual Medicare market, one of several changes adopted by OPERS to offer more health care plan choices at affordable prices.
TW: 114.66 (+1.16)
U.S. Employers Looking to Enhance 401(k) Investment Structures, Towers Watson Survey Finds
Business Wire - Tue Sep 30, 8:05AM CDT
With millions of workers now relying on 401(k) plans as their primary retirement savings vehicle, U.S. employers are enhancing the investment structures of those plans, according to a new survey by global professional services company Towers Watson (NYSE: NASDAQ: TW). This includes replacing single, stand-alone investment options with multi-manager, white-label choices, implementing custom target-date fund (TDF) solutions and outsourcing all or portions of their 401(k) plan oversight.
TW: 114.66 (+1.16)
Nearly One in Four Employers Say Private Health Insurance Exchanges Could Provide a Viable Alternative for Full-Time Active Employees in 2016
Business Wire - Thu Sep 25, 8:05AM CDT
Results of a July 2014 survey of midsize to large employers by global professional services company Towers Watson (NYSE, NASDAQ:TW) showed that 28% said they had already extensively evaluated the viability of private exchanges. Nearly one in four (24%) said private exchanges could provide a viable alternative for their active full-time employees as soon as 2016.
TW: 114.66 (+1.16)