Glaxo looks to its first product to help it breathe more easily

Article Abstract:

GlaxoSmithKline PLC has a winner it its asthma preparation Advair Diskus replete in its three glaring hues of purple plastic.

Product introduction, Pharmaceutical Preparation Manufacturing, Pharmaceutical preparations, Antiasthmatic Preparations, Antiasthmatic agents, GlaxoSmithKline PLC

---

Kvaerner reported selling its shipyards

Article Abstract:

Kvaerner Group, the European company planning to build a major new shipyard at the former Philadelphia Naval Shipyard, is to announce a major restructuring that could include the sale of all, or part, of its shipbuilding division. It is reported that a deal to buy Kvaerner's shipbuilding operations is on the table. Paul Tufano, the commonwealth of Pennsyvania's general counsel, said the government agreements with Kvaerner, signed in Dec. 1997, obligate the new buyer to continue with the $429 million, publicly funded project that is expected to employ more than 950 workers when completed.

Comment:

Kvaerner Group, the European company planning to build a major new shipyard at the former Philadelphia Naval Shipyard, is to announce a major restructuring that could include the sale of all, or part, of its shipbuilding division.

Asset sales & divestitures, Ship Building and Repairing, Shipbuilding & Repair, Kvaerner Group

---

New owner plans condominiums for Barclay Hotel

Article Abstract:

Allan Domb, who paid more than $10 million this week for a majority stake in the 70-year-old Barclay Hotel, plans to convert the building into luxury condominiums. The hotel portion of the building closed in 1996. Domb has acquired 85 of the building's 130 units. The rest are owned by individuals. He plans to consolidate many of the one- and two-bedroom units and sell them as half-floor and full-floor units.

Facilities & equipment, Multifamily Housing Construction, Condominiums, Residential construction

Similar abstracts:

• Abstracts: Global Sports hopes its e-tailing model lets it win the race. At CDNow, business seems as usual, but change creeps closer
• Abstracts: Competition leads hotels to beef up frequent-guest programs. Green light for ex-Trump executive
• Abstracts: Baseball under the bridge: Camden out to build minor-league stadium. Go, Sixers, sellers of sports memorabilia say
• Abstracts: Hercules dividend trimmed by 70%; shareholders will receive 8 cents per share instead of 27 cents. Democracy at your fingertips-without any pregnant chads
• Abstracts: Shipyard marks a milestone, but still has a few tests ahead. Help wanted at shipyard

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.