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CTI BioPharma Receives $10 Million Milestone Payment for TRISENOXA

2015-12-14 15:57:54| Biotech - Topix.net

TRISENOX was acquired from CTI BioPharma by Cephalon, Inc. . Cephalon was subsequently acquired by Teva.

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Encana to cut capital budget by $600 million, annual dividends by $185 million

2015-12-14 15:43:52| Energy - Topix.net

Encana Corp. says next year's capital spending budget will be US$600 million lower than in 2015 and its dividend to shareholders will be cut by about 78 per cent. The Calgary-based oil and gas producer is estimating a total capital investment of between US$1.5 billion and US$1.7 billion in 2016.

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Environmental lapses cost China coal-fired power producers $98 million

2015-12-14 11:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Violations of environmental regulations for scrubbing coal emissions have cost Chinese power producers 635 million yuan ($98.33 million) in lost subsidies and fines under new regulations that came into effect in 2014, the country's central planning commission said. Authorities confiscated or deducted 589 million yuan ($91.20 million) worth of environmental subsidies and fined companies 46 million for exceeding emissions standards, the National Development and Reform Commission said late last week....

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Ontario automation supplier launching $2.4 million plant expansion

2015-12-12 21:24:12| Canadian Plastics Headlines

Funding from the Southwestern Ontario Development Fund will help Eclipse Automation Inc. expand its plant, purchase new equipment, and hire 15 new employees. The post Ontario automation supplier launching $2.4 million plant expansion appeared first on Canadian Plastics.

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What's Next for the Honda Stock Price After New $4.5 Million Venture

2015-12-12 02:29:52| Automakers - Topix.net

The Honda stock price closed down 0.28% Thursday after Honda Motor Co. Ltd. announced the U.S. Federal Aviation Administration certified its $4.5 million business HondaJet plane.

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