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United Technologies to Buy Rockwell Collins for $30 Bln

United Technologies to Buy Rockwell Collins for $30 Bln

United Technologies (UTX) said Monday that it has agreed to buy Rockwell Collins (COL) for $140 a share in cash and stock, or about $30 billion. COL was up 0.5% at $131.24 recently, in the 52-week range between $78.54 and $135.31. UTX was down nearly 5%. Under the deal, each Rockwell Collins shareholder will receive $93.33 per share in cash […]

September 7, 2017 ×
Indivior Warns US Court Ruling Opens Way for Generic Competition to Its Opiate Addiction Product

Indivior Warns US Court Ruling Opens Way for Generic Competition to Its Opiate Addiction Product

UK drugmaker Indivior (INDV.L) said on Friday that a US court ruling, which it intends to appeal, has opened the way for competitors to make generic copies of its Suboxone Film product for opiate addiction, which had a 61% market share in the US last year. Shares of Slough, England-based Indivior plunged almost 40% after it said the US District […]

September 6, 2017 ×
B.C. ride-sharing companies slip through cracks as Uber faces pressure from provincial regulators

B.C. ride-sharing companies slip through cracks as Uber faces pressure from provincial regulators

.custom-horoscope__register { display: none !important; } .custom-horoscope__content { display: none !important; } As the B.C. government and municipalities struggle with how, or if, to regulate ride-sharing giant Uber, several smaller companies in the Vancouver region primarily catering to the Chinese market are quietly operating under the radar of regulators. Ride-sharing services such as Uber are currently not permitted under provincial […]

July 5, 2017 ×
The debt we owe to Samuel de Champlain’s heir, David Johnston

The debt we owe to Samuel de Champlain’s heir, David Johnston

History will record that Governor-General David Lloyd Johnston, the 70th successor to Samuel de Champlain, presided with his typical pleasant and informal graciousness over the sesquicentennial anniversary celebrations, one of his final acts of service as the Queen’s representative to this Dominion. If the speculation is true, Prime Minister Justin Trudeau will advise the Queen of his choice for Mr. […]

July 5, 2017 ×