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Tag: funds
Hedge Funds Burned in Shire Double Down on Covidien Deal
2014-11-12 21:49:22| Biotech - Topix.net
Hedge funds bruised by wrong-way bets on AbbVie Inc.'s failed merger with Shire Plc are showing few signs the trauma was permanent. At least three firms that speculated on the doomed $52 billion drug industry takeover -- Paulson & Co., Taconic Capital Advisors LP and Pentwater Capital Management LP -- have reported stakes tied to Medtronic Inc.'s offer for Covidien Plc , according to filings with the Irish Takeover Panel.
Tags: double
deal
funds
burned
DOE Funds New Gasification Research
2014-11-11 06:43:00| Chemical Processing
The Department of Energy announced new investments in gasification research.
Tags: research
funds
doe
gasification
Big names in frozen funds hitlist
2014-11-10 05:48:27| Automakers - Topix.net
In the past eight years more than 170 financial products representing $38 billion of investor money have been frozen, failed or were fraudulent. The hit list, which has been sent to politicians and key industry players, comes as David Murray finishes his report on the Financial System Inquiry.
Tech giant funds 13-year-old inventor
2014-11-05 18:05:46| BBC News | Business | UK Edition
A 13-year-old from California secures "hundreds of thousands of dollars" of investment in his Braille printer company from a leading tech firm.
Tags: tech
funds
giant
inventor
Jackson County allocated $10 million in funds toward purchase of the Rock Island Corridor
2014-11-03 23:37:07| Railroads - Topix.net
According to a press release from Lisa Carter, public information officer for the county, Jackson County has been allocated $10 million in federal highway transportation funds to apply toward the $59.9 million total cost of purchasing the Rock Island Corridor. In addition, Jackson County and the Union Pacific Railroad have extended a memorandum of understanding that gives the county the exclusive right to purchase key transit corridors which have the potential to be used for expanded public transit options in the future.
Tags: rock
purchase
million
island
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