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Verizon Near Deals to Sell Over $10 Billion in Assets
2015-02-02 20:56:38| IT Services - Topix.net
Verizon Communications Inc. is close to selling a package of assets including cellphone towers and parts of its wireline business, a group of deals that will bring in more than $10 billion, people familiar with the matter said. The deals will involve different buyers and could be announced as soon as later this week, the people said.
Tags: sell
deals
assets
billion
Anadarko fights possible $1 billion Clean Water Act penalty in Gulf of Mexico 2010 oil spill
2015-02-02 20:21:45| Oil & Gas - Topix.net
Lawyers for Anadarko Petroleum Corp., a minority partner with BP in the ill-fated Macondo offshore well, began making their case in court Monday that Anadarko should not face steep federal Clean Water Act penalties for the 2010 Gulf of Mexico oil spill. The government has suggested a penalty of more $1 billion for Anadarko, and a penalty of up to $13.7 billion for BP.
Exxon Mobil posts 4Q profit of $6.57 billion, result tops expectations
2015-02-02 16:11:56| Chemicals - Topix.net
The results beat Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of $1.33 per share.
Tags: result
posts
profit
mobil
This Tiny Biotech Hopes to Capture a Share of This $6 Billion Market
2015-02-02 16:11:55| Chemicals - Topix.net
If Ophthotech's late-stage trials pan out, Ophthotech could have a billion-dollar blockbuster drug on its hands. First, a bit of background The drug Ophthotech is developing is Fovista, a possible treatment for wet-stage, age-related macular degeneration -- one of the most common forms of vision loss among aging Americans.
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share
market
capture
Gloom-and-Doom Over as $1 Billion Swedish Fund Bets Big on U.S.
2015-02-02 07:49:13| Appliances - Topix.net
The U.S. will save the world. That's according to Sweden's Coeli Asset Management, which oversees about $1 billion and has positioned itself for a broad recovery driven by U.S. economic might.
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