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CVS Health in $48 million settlement of lawsuit over stock plunge
2015-09-16 18:38:26| Biotech - Topix.net
The all-cash settlement with investors led by three Massachusetts public pension funds was disclosed in a Monday filing with the federal court in Providence, Rhode Island. CVS' share price tumbled 20.1 percent on Nov. 5, 2009, after the company, then known as CVS Caremark, revealed the loss of contracts representing about $4.5 billion of annual revenue.
Tags: over
health
stock
million
Gray Television, GTT Jump; Shiloh, Unilife Plunge
2015-09-16 10:56:54| Steel - Topix.net
GTT Communications agreed to buy One Source Networks for $175 million. Huron Consulting agreed to acquire Cloud62.
Tags: jump
television
gray
plunge
Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources
2015-08-31 18:55:54| Green Car Congress
Tags: report
details
power
costs
Sony's SmartBand 2 Takes the Plunge
2015-08-21 18:49:16| TechNewsWorld
Sony on Thursday unveiled its SmartBand 2 fitness tracker. It has an advanced heart rate sensor and a variety of communications capabilities. It informs wearers when they get calls, messages, emails or notifications on social media sites. It sports interchangeable silicone rubber bands in black, white, pink and indigo. The SmartBand 2 is compatible with many Android and iOS devices.
Union Pacific Cuts 'Hundreds' of Jobs As Railroad Coal Shipments Plunge
2015-08-13 20:13:22| Railroads - Topix.net
The Omaha company reported late last month that coal volume dropped 26 percent in its most recent quarter and said it believed that demand for coal would remain weak for the rest of the year. Union Pacific spokesman Aaron Hunt said Thursday that the cutbacks were job eliminations, not just temporary layoffs.
Tags: jobs
union
pacific
hundreds
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