Two weeks ago, Pfizer Inc. was hit with a stockholder derivative lawsuit in a Delaware court, arising out of its September 2009 settlement of federal allegations that it improperly promoted several of its drugs.
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Its founder, Nicolas Bazan, a 60-year-old neuroscientist, has a seemingly simple and elegant answer to the pain problem: chemically combine a derivative of acetaminophen with a saccharinelike component.
And the portfolios of some ETFs consist not of a broad range of stocks but of a derivative position with an investment bank as a counterparty.
It is not enough for a plaintiff in a derivative action to equate a bad outcome with bad faith.
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The concept of a derivative product, with a value that depends on at least one risk factor, has been the greatest financial-product innovation of the 20th century.
The company sold a combined equity, bond and derivative product and backed up the conversion feature with a pledge of shares by the insiders, then handed the proceeds of the offering to the same insiders.
On August 5th Chile's CSAV, which runs the world's eighth-largest container fleet, became the first shipper to make a container-derivative trade (with Morgan Stanley).
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This is a company with equities exchanges in five countries and derivative exchanges in six countries.
There are also those in the wings with another product to flog: a foreign-exchange derivative which, because it is a bet settled for cash, also reduces Herstatt risk.
Similarly, near-money is created when one party creates a derivative and sells it to another, often with little if anything in reserve, as we've seen with the collapsing collateralized debt obligations backed by subprime mortgages.
Genentech is testing a derivative of Avastin, rhuFab V2, in patients with macular degeneration, a leading cause of blindness.
Hopefully, it will put a final nail in the unregulated trading of derivative contracts with the use of borrowed money.
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However, as with anything that the financial industry can monetize via a hedge, a derivative or other financial instrument, you can now purchase cyber liability insurance.
You may remember Razer's Naga Hex mouse from last year, when it was introduced as a derivative of Razer's Naga MMO mouse, albeit with fewer buttons.
Called Coartem, it combines a derivative of artemisinin, an extract from sweet wormwood bush, with a second drug, lumefantrine.
Citi faces a fourth quarter filled with uncertainty about the value of its remaining mortgage-derivative holdings, related short-term debt conduits and the possibility of further deterioration in consumer credit quality.
Perhaps it is because the average investor has more experience trading stocks or because options are a derivative product, but the worry about who you are trading with becomes even more pronounced here.
" Originally conceived by Lebron as "a derivative of twilight, " the word "Twi, " (rhymes with "why") is specifically defined as an "interstellar traveler, adventurer, or forest maker.
Meanwhile, Olam has budgeted for margin calls on its derivative hedges and is helping clients with letters-of-credit problems by selling smaller lots on a cash basis.
For example, a farmer here in Iowa who's worried about the price of corn could buy a derivative that increases in value when the price of corn falls, so regardless of what happens with his crop, he has a chance to break even.
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