Archive for October, 2014

LA84 Foundation Announces More Than $475,000 in Youth Sports Grants

Comments Off | 10-31-2014

Foundation, which continues to invest proceeds from the 1984 Olympic Games to support youth sports across the eight southernmost counties of California, today announced $477,814 in grants to support 15 community youth athletics programs. The Foundation has invested more than $220 million in support of its mission to serve youth through sport since its inception [...]

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Breakthrough: 4,6 billion dollar deal secures gas for Ukraine and EU

Comments Off | 10-31-2014

After seven rounds of gas negotiations, last night’s talks moderated by Günther H. Oettinger, Vice-President of the European Commission, yielded finally a breakthrough: A 4,6 billion dollar winter package, agreed by Russia and Ukraine, secures gas for Ukraine – and ultimately also for Europe.
José Manuel Barroso, President of the European Commission who witnessed today’s signing [...]

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Poverty: Commission adopts Latvian programme to spend €41 million from Fund for European Aid to the Most Deprived

Comments Off | 10-31-2014

The European Commission has approved today the Latvian Operational Programme to use the new Fund for European Aid to the Most Deprived (FEAD). Latvia will receive €41 million in current prices in the period 2014-2020 to support the provision of food and other basic hygiene and household items to those most in need in the [...]

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World Bank Group Pledges Additional $100 million to Speed New Health Workers to Ebola-stricken Countries

Comments Off | 10-31-2014

ACCRA, October 30, 2014—The World Bank Group announced today an additional $100 million funding in its Ebola crisis response to speed up deployment of foreign health workers to the three worst-affected countries in West Africa. The announcement increases the World Bank Group’s funding for the Ebola fight over the last three months in Guinea, Liberia [...]

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Texas Oil Company to Pay $1.6 Million Civil Penalty in Settlement of Alleged Oil Spill and Spill Prevention Violations

Comments Off | 10-30-2014

Superior Crude Gathering Inc. (Superior Crude) has agreed to pay a civil penalty for alleged violations of the Clean Water Act stemming from a 2010 crude oil spill from tanks at Superior’s oil storage facility in Ingleside, Texas, the Department of Justice and the Environmental Protection Agency (EPA) announced today. Under the consent decree [...]

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IBM Board Approves Quarterly Cash Dividend; Authorizes $5 Billion for Stock Repurchase

Comments Off | 10-29-2014

The IBM (NYSE: IBM) board of directors today declared a regular quarterly cash dividend of $1.10 per common share, payable December 10, 2014 to stockholders of record November 10, 2014.
With the payment of the December 10 dividend, IBM will have paid consecutive quarterly dividends every year since 1916.
The board today also authorized $5 billion in [...]

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Galapagos and Calchan collaborate on osteoarthritis research, £2.4 million grant awarded by Innovate UK

Comments Off | 10-28-2014

Galapagos NV (Euronext: GLPG), a clinical stage biotech company focused on developing novel mode of action medicines, and Calchan Limited, a UK company focused on the development of novel medicines based on calcium ion channel modulators, today announce that they have entered into a research collaboration in the area of osteoarthritis pain.
Calchan has been awarded [...]

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Court Orders Judgment of Nearly $515,000 Against Mortgage Relief Pitchman

Comments Off | 10-26-2014

A federal district court in Southern California has ordered a judgment of nearly $515,000 against Mark Nagy Atalla, a defendant in a 2013 Federal Trade Commission action targeting deceptive mortgage and debt relief pitches. The court imposed the judgment after finding Atalla had hid assets and misrepresented his financial condition to the agency. The judgment [...]

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Kareo Secures $15 Million in Mezzanine Debt from Escalate Capital Partners

Comments Off | 10-26-2014

Irvine, CA – October 24, 2014 – Kareo, the leading provider of cloud-based medical office software for small medical practices, today announced that it has received $15 million in mezzanine debt from Escalate Capital Partners, an institutionally backed mezzanine fund that invests in high growth companies in the technology, healthcare and Software-as-a-Service (SaaS) industries. In [...]

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HFF arranges $46.7 million financing for two multi-housing properties in Dallas-Fort Worth area

Comments Off | 10-26-2014

DALLAS, TX – October 23, 2014 – HFF announced today that it has arranged financing totaling $46.7 million for two multi-housing properties – The Bluffs at Ironhorse, a two-phase, 490-unit multi-housing community in North Richland Hills, and Stone Villas, a two-phase, 396-unit multi-housing community in northwest Fort Worth. HFF worked exclusively on behalf of [...]

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