May 21st, 2010
SR One, the venture investment arm of pharmaceutical firm GlaxoSmithKline plc, has co-led a $43 million second-round, venture-capital financing of NeuroTherapeutics Pharma Inc.
Fidelity Biosciences, a Cambridge, Mass., division of Fidelity Investments, and MPM Capital, a Boston-based VC firm, co-led the round, according to NeuroTherapeutics Pharma, which announced the financing Thursday.
New York-based biopharmaceutical company Pfizer Inc. […]
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May 18th, 2010
ESPN won the TV rights to ACC football and basketball in a bidding competition with Fox Sports that was surprisingly close, industry sources say, and as a result made the conference several million more dollars.
The back-and-forth bidding, which reached its final stages last week at the league’s spring meetings in Amelia Island, Fla., drove up […]
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May 16th, 2010
Shares of Morgan Stanley fell Wednesday following reports that U.S. federal prosecutors are looking into whether Morgan Stanley misled investors about complex mortgage derivatives it designed.
Citing people familiar with the matter, the Wall Street Journal said that investigators are scrutinizing Morgan’s so-called collateralized debt obligations, or CDOs.
Morgan Stanley (MS, Fortune 500) opened at $27.34 […]
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May 14th, 2010
St. Louis Rams
NFL
1995
40 percent stake
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Arsenal
English Premier League soccer
2007
29.9 percent stake
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Denver Nuggets
NBA
2000
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Colorado Avalanche
NHL
2000
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Colorado Rapids
Major League Soccer
2003
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Colorado Mammoth
National Lacrosse League
2004
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Pepsi Center in Denver
arena
2000
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Dicks […]
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May 7th, 2010
Factories are churning out more goods. Consumers are spending. Government aid is fueling construction activity. But stagnant pay and weak hiring will likely restrain the economic rebound in coming months.
That cautionary picture emerged from a series of economic reports Monday.
Consumers stepped up spending in March by the largest amount in […]
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May 5th, 2010
Chrysler Group LLC says cost cuts, manufacturing efficiency and disciplined pricing helped the Italian-run automaker slash its net loss to $197 million in the first quarter.
The red ink was far less than the staggering $3.8 billion it lost from the time it left bankruptcy protection June 10 through the end of last […]
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