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ABB Wins $100 Million Subsea Cable System Order for Denmark Offshore Wind Farm
2015-02-26 21:17:00| Transmission & Distribution World
ABB has won an order worth over $100 million from Energinet.dk, the Danish transmission system operator, to build an alternating current cable system read more
Tags: order
system
million
cable
Shoppers Drug acquisition helps Loblaw more than double Q4 profit to $247 million
2015-02-26 15:11:46| Grocery - Topix.net
Loblaw Companies Ltd. more than doubled its fourth-quarter profit last year, primarily as a result of its acquisition of Shoppers Drug Mart. Net income for the grocery, pharmacy and clothing retailer was $247 million, up $133 million or 117 per cent, while adjusted net earnings rose 146 per cent to $396 million.
South Carolina court orders Johnson & Johnson to pay $136 million in Risperdal case
2015-02-26 15:02:25| Biotech - Topix.net
South Carolina's Supreme Court ordered Johnson & Johnson to pay a penalty of $136 million, upholding a jury's finding that the drugmaker's Janssen unit had improperly marketed its anti-psychotic drug Risperdal and concealed its risks. A trial court had earlier ordered J&J to pay $327 million, but the Supreme Court more than halved that penalty, citing a provision in South Carolina law that no action can be taken in such cases after three years of the discovery of unlawful conduct.
New $1.1 Million Gift Establishes W. Max Finley Chair For Excellence In American Business At UTC
2015-02-25 22:44:17| Paper - Topix.net
W. Max Finley's widow, Margaret Finley, is seated and surrounded by family members.
Tags: business
american
gift
million
J&J wins Risperdal verdict cut, must pay South Carolina $136 million
2015-02-25 21:18:54| Food - Topix.net
South Carolina's highest court cut a $327 million verdict against Johnson & Johnson by more than half while refusing to throw out a jury's finding that it deceptively marketed the antipsychotic drug Risperdal as safer than competing medicines. In a 4-1 ruling Wednesday, the Supreme Court cited a three- year limit on claims alleging Johnson & Johnson's Janssen unit violated South Carolina's Unfair Trade Practices Act.
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