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Clock's ticking on half-funded capital plan, but MTA is slow to spend

2015-06-09 08:47:01| Railroads - Topix.net

Metropolitan Transportation Authority Chairman Thomas Prendergast is predicting "deep trouble" if lawmakers in Albany neglect to come up a plan to fully fund the agency's $32 billion, five-year capital plan. But the agency often lags in its state-of-good-repair spending anyway, a budget watchdog is reporting.

Tags: to plan capital slow

 

Ford agrees to spend $3.1B to get maximum tax incentives in deal limiting Michigan's liability

2015-06-08 22:35:40| Automakers - Topix.net

Ford Motor Co. would have to invest $3.1 billion in Michigan facilities over the next 10 years to qualify for the state's maximum possible tax credits under a deal approved Monday that limits the state's liability for incentives it issues to keep auto jobs in the state.

Tags: maximum tax deal spend

 
 

Cardinal Health to spend $1.1B on drug distributor

2015-06-05 17:08:34| Biotech - Topix.net

" Cardinal Health will spend about $1.12 billion to buy pharmaceutical distributor The Harvard Drug Group in a deal that aims to build its generic and over-the-counter drug businesses. Cardinal said Friday that its purchase of the privately-held company based in Livonia, Michigan, will provide it with specialized packaging to help supply hospitals and other institutions.

Tags: health drug spend distributor

 

Broadcom Shareholders: Don't Spend The Money Yet If You're Still Sitting On The Stock

2015-06-01 04:02:45| Electronics - Topix.net

Broadcom co-founder Henry T. Nicholas III and owner of 25% of the company's stock announced to the Los Angeles Times that he's "giddy" over the proposed $37 billion proposed acquisition by Avago Technologies . I'd be giddy as well but also a little wary about the prospects for the deal being approved by the US Department of Justice ).

Tags: the money stock spend

 

Broadcom Shareholders: Don't Spend The Money Yet If You're Still Sitting On The Stock

2015-06-01 01:43:36| Semiconductors - Topix.net

Broadcom co-founder Henry T. Nicholas III and owner of 25% of the company's stock announced to the Los Angeles Times that he's "giddy" over the proposed $37 billion proposed acquisition by Avago Technologies . I'd be giddy as well but also a little wary about the prospects for the deal being approved by the US Department of Justice ).

Tags: the money stock spend

 

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