Merck Gets $175 Million from J&J Joint Venture Sale

Posted by Stephan Byrd on Sep 30th, 2011

Merck announced today that they are removing themselves from participation in a joint venture called “Johnson & Johnson Merck Consumer Pharmaceuticals.” Merck had a 50% interest in the venture with Johnson & Johnson... More »

ExxonMobil Affiliate Plans Twin Liberty Class Crude Carriers

Posted by Max Byerly on Sep 29th, 2011

ExxonMobil announced today that their affiliate, SeaRiver Maritime, Inc. has signed an agreement with Aker Philadelphia Shipyard for the construction of two Liberty-class crude carriers. ExxonMobil said that the ships are double-hulled... More »

Indian Navy-Bound Boeing P-8I Successfully Makes First Flight

Posted by Ethan Ryder on Sep 29th, 2011

Boeing successfully flew a Indian Navy-bound P-81 for the first time today as it lifted off from Renton Field at 12:02 P.M. PST. The large aircraft was airborne for two hours, 31 minutes until landing at Boeing Field in Seattle, WA. While... More »

AstraZeneca’s FASLODEX Receives First Approval in Japan

Posted by Stephan Byrd on Sep 26th, 2011

AstraZeneca announced today that their FASLODEX 500mg product received its first regulatory approval in Japan. FASLODEX 500mg is a breast cancer drug which had already gained regulatory approval in Europe in March, 2010 and in the... More »

Chevron Begins Australian Wheatstone Project

Posted by Ethan Ryder on Sep 24th, 2011

Chevron announced today that they will begin their Australian whetstone project that they have been mulling over. Whetstone Project Details: It is a processing platform down about 240 feet in the water off the coast of western Australia. ... More »

Bristol-Myers & Ambrx Announce Exclusive Research Rights Deal

Posted by Stephan Byrd on Sep 22nd, 2011

Bristol-Myers Squibb & Ambrx, Inc. released a joint statement today which detailed a partnership where Bristol-Myers will gain exclusive worldwide rights to some of Ambrx’s research. In the agreement, Bristol-Myers will research,... More »

Lockheed Martin Boosts Dividend & Raises Share Repurchase

Posted by Max Byerly on Sep 22nd, 2011

Lockheed Martin today stated that they would increase their quarterly dividend by a third and that they would also raise their shares repurchase authority by $2.5 billion dollars. The upcoming fourth quarter of 2011 dividend has been... More »

IBM Reinforces Development and Public Service Program in Africa

Posted by Stephan Byrd on Sep 21st, 2011

IBM announced today that they will double the number of persons they deem as “emerging leaders” which they send on pro-bono assignments to Africa over the course of the next three years. The program is called Corporate... More »

GE Signs Service Agreement with Iraq’s Mass Global

Posted by Ethan Ryder on Sep 20th, 2011

GE announced today that they have signed a service agreement with Iaq’s Mass Global. Mass Global delivers electricity to northern Iraq. The agreement will provide Mass Global with a 12-year contract for parts and repair of... More »

AT&T Launches 4G LTE in Atlanta & Chicago – Data Cap Doesn’t Budge

Posted by Ethan Ryder on Sep 19th, 2011

AT&T announced today that they have launched 4G LTE in Atlanta and Chicago. The 4G LTE standard is 10 times as fast as its predecessor communications protocol, ‘3G.’ In a company statement, AT&T said, “We... More »

Indonesia’s Lion Air Receives 50th 737-900ER from Boeing

Posted by Stephan Byrd on Sep 15th, 2011

Boeing announced today that they have delivered the 50th 737-900ER aircraft to Indonesia’s Lion Air. Lion Air is Indonesia’s largest private airline and the ‘ER’ designation in the 737-900ER aircraft model name... More »

GlaxoSmithKline & Amicus Begin Second Phase 3 Study of Amigal

Posted by Ethan Ryder on Sep 12th, 2011

GlaxoSmithKline (GSK) announced today that they and Amicus Therapeutics have began the second phase III study of Amigal by way of dosing in a global registration study (Study 012) in an effort to compare safety and efficacy of Amigal... More »

Bristol-Myers Squibb Finalizes Acquisition of Amira Pharmaceuticals

Posted by Max Byerly on Sep 8th, 2011

The Bristol-Myers Squibb Company formally finalizes the acquisition of Amira Pharmaceuticals today. Amira Pharmaceuticals, Inc. had been a privately held company leading up to BMS’s acquisition of the company. Amira is noted... More »

Abbott’s on Dow Jones Sustainability Indexes for Seventh Consecutive Year

Posted by Stephan Byrd on Sep 8th, 2011

Abbott has announced they have been included on not only the Dow Jones Sustainability World Index (DJSI) but also the North American index for seven consecutive years. The DJSI is a market benchmark for the performance of companies... More »

Lockheed Martin Wins $100.5 Million LGB Contract

Posted by Stephan Byrd on Sep 6th, 2011

Lockheed Martin announced today that they have won a $100.5 million dollar laser-guided bomb contract. The contract is signed with the United States Air Force who will receive paveway II Plus Laser Guided Bomb (LGB) GBU-12 guidance... More »

Chevron Discovers Oil in United States Gulf of Mexico

Posted by Ethan Ryder on Sep 6th, 2011

Chevron has discovered oil in the Gulf of Mexico in deep-water according to a company announcement. The oil was discovered within Chevron’s Moccasin prospect at the Keathley Canyon Block 736 Well No. 1. which encountered more... More »

BP Acknowledges Halliburton Lawsuit

Posted by Ethan Ryder on Sep 2nd, 2011

BP announced today that they have acknowledged the lawsuit filed by Halliburton against the company. Wrote in a company statement, BP said, “BP is aware of the claims filed against the company on 1 September 2011 by Halliburton.... More »

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