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PIMCO Covered Bond Source UCITS Message Board

  • dickeypiper1 dickeypiper1 Nov 3, 2013 12:04 PM Flag

    CC #2

    Starting in 2014 the previously announced reorganization will result in annualized cost savings of $1.5 million. Savings have already begun in 2013 Q4. There was a charge in the recent quarter but no additional reorganization charges are expected.

    Sentiment: Strong Buy

 
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