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Irving Oil to contribute $75 million to Lac-Megantic compensation fund
2015-03-20 21:00:20| Oil & Gas - Topix.net
Irving Oil has agreed to contribute $75 million to a compensation fund established for those who suffered losses as the result of the July 2013 train derailment in Lac-Megantic, Que. The contribution would be in addition to a US$200 million settlement announced in January, with more than half of the money going to various levels of government.
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oil
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compensation
Superconductor Technologies Announces Pricing of $5 Million At-The-Market Registered Direct Offering
2015-03-20 19:42:19| Electronics - Topix.net
Superconductor Technologies, Inc. announced that it entered into a definitive securities purchase agreement with certain investors providing for the issuance of 3,062,790 shares of common stock at a purchase price per share of $1.6325, and five and a half year warrants to purchase up to 1,531,395 shares of common stock at an exercise price of $1.6325. The closing of the sale of the securities is expected to take place on or about March 25, 2015, subject to satisfaction of customary closing conditions.
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direct
million
technologies
Adventist Health to pay $5.4 million in false claims case
2015-03-20 13:18:55| Biotech - Topix.net
The parent company of Florida Hospital in central Florida has agreed to pay $5.4 million to resolve a false claims case involving radiation oncologists. The U.S. Justice Department announced the settlement on Thursday.
Russia approves $166 million in subsidies for car plants
2015-03-20 10:33:46| Auto Dealers - Topix.net
A dog lies on the ground near dealerships of Opel and Chevrolet in Stavropol, southern Russia. GM will stop selling Opel and Chevrolet mainstream Chevy models in Russia due to plunging sales.
Tags: car
million
russia
plants
Ireland's Malin raises 330 million euros in biotech IPO -source
2015-03-20 09:04:03| Biotech - Topix.net
Malin, set up by a number of ex-Elan executives to invest in privately held assets, said earlier this month that leading British fund manager Neil Woodford and the Irish state's new strategic investment fund had committed to buying around 60 percent of the total estimated placing. and Britain's Pension Protection Fund, the source said, while the small retail and institutional offering was materially oversubscribed and subsequently scaled back.
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million
euros
ipo
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