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J&J in $1 billion deal to bolster prostate-cancer focus
Reuters(Reuters) - Johnson & Johnson said it would pay up to $1 billion for Aragon Pharmaceuticals and its experimental drugs for prostate cancer, to bolster J&J's role in the field after it acquired another experimental prostate-cancer treatment four years...Tags: Johnson & Johnson Inc., Prostate Cancer, Chemical Industry, Breast Cancer, Biotechnology
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EU mergers and takeovers (June 18)
ReutersBRUSSELS, June 18 (Reuters) - The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS -- Private equity firm Triton to buy recycling company Befesa from Spanish renewable...Tags: Economy, Business and Finance, Computing and Information Technology Industry, Business Enterprises, ConAgra Foods Incorporated, Private Equity
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Hormel cuts full-year profit outlook; shares fall
Reuters(Reuters) - Hormel Foods Corp , which makes Spam lunch meat, cut its full-year earnings outlook on Tuesday, citing weakness in its pork business, softer sales of its refrigerated foods and higher meat costs, and its shares fell nearly 5 percent. Hormel,...Tags: Hormel Foods Corporation, Stock Market, Thomson Corporation, Weather, Weather Reports
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FBI official says NSA programs helped foil NYSE bombing plot
ReutersWASHINGTON, June 18 (Reuters) - The U.S. government's surveillance of telephone and Internet communications foiled plots including one to bomb the New York Stock Exchange, Sean Joyce, the deputy FBI director, said on Tuesday. While monitoring a known...Tags: FBI, Stock Market, Financial Markets, National Security Agency
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United Technologies told to pay $473 mln to U.S. in lawsuit
ReutersBy Nate Raymond June 18 (Reuters) - A federal judge has ordered United Technologies Corp to pay $473 million plus interest for manipulating costs to win U.S. Air Force jet engine contracts in the 1980s. The ruling by U.S. District Judge Thomas Rose in...Tags: Career and Workplace, Breach of Contract, Judges, Justice System, Corporate Crime
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NSA director says agency programs stopped around 50 terror plots
WASHINGTON (AP) — The director of the National Security Agency said Tuesday the government's sweeping surveillance programs have foiled some 50 terrorist plots worldwide, including one directed at the New York Stock Exchange, in a forceful defense...
Tags: Barack Obama, Booz Allen Hamilton Inc., C.A. Dutch Ruppersberger, Najibullah Zazi, Justice and Rights
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United Technologies told to pay $473 million to U.S. in lawsuit
Reuters(Reuters) - A federal judge has ordered United Technologies Corp to pay $473 million plus interest for manipulating costs to win U.S. Air Force jet engine contracts in the 1980s. The ruling by U.S. District Judge Thomas Rose in Dayton, Ohio, was issued...Tags: Breach of Contract, Career and Workplace, Judges, Justice System, Corporate Crime
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Rebalance of Russell index to bring volume surge at quarter-end
ReutersBy Chuck Mikolajczak NEW YORK, June 18 (Reuters) - Investors accustomed to late market volatility at the end of the quarter should expect an extra jolt on June 28, when billions of dollars in stock trades will be executed in less than two seconds....Tags: NASDAQ, Zale Corporation, Berkshire Hathaway Inc., Stock Market, Discovery Laboratories Incorporated
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NSA head says U.S. surveillance thwarted more than 50 attacks
ReutersBy Patricia Zengerle and Tabassum Zakaria WASHINGTON, June 18 (Reuters) - The head of the U.S. National Security Agency on Tuesday defended the broad surveillance of Americans' phone and Internet data as a vital security tool and said it had helped...Tags: C.A. Dutch Ruppersberger, Justice System, National Security, Computer Crime, Stock Market
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FDA probes deaths of two patients on Lilly schizophrenia drug
Reuters(Reuters) - The Food and Drug Administration is investigating the cases of two individuals who died after injections with Eli Lilly and Co's long-acting treatment for schizophrenia, Zyprexa Relprevv. Both patients died three to four days after...Tags: Johnson & Johnson Inc., Stock Market, Zyprexa (drug), Lilly Eli & Co, Schizophrenia
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NSA chief says programs disrupted 50 terrorist plots
Under growing pressure over recently disclosed surveillance programs, the head of the National Security Agency told lawmakers Tuesday that gathering telephone data and monitoring Internet use has helped to disrupt more than 50 "potential terrorist events"...
Tags: Booz Allen Hamilton Inc., Barack Obama, Al Gore, U.S. House Permanent Select Committee on Intelligence, Najibullah Zazi
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Jefferies profit slumps as fixed-income trading takes a hit
ReutersJune 18 (Reuters) - Investment bank Jefferies Group LLC, which is now part of Leucadia National Corp, reported a 34 percent drop in quarterly profit as uncertainty about the U.S. Federal Reserve's stimulus program hurt fixed-income trading. Net income...Tags: Business Enterprises, Investment Service, Real Estate Buyers, Investments, Jefferies Group Inc
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