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BNET Business Dictionary

Asset
any tangible or intangible item to which a value can be assigned. Assets can be physical, such as machinery and consumer durables, or financial, such as cash and accounts receivable.Assets...
Asset definition on BNET »

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NitroMed Announces Agreement to Sell BiDil® Drug Business to JHP Pharmaceuticals, LLC
-- NTMD Reports Financial Results for Third Fiscal Quarter 2008 -- -- Conference Call and Webcast to be Held Today at 10:00 AM ET-- LEXINGTON, Mass. -- NitroMed, Inc. (NASDAQ:NTMD) today announced that JHP Pharmaceuticals, LLC, a privately held specialty pharmaceutical company, has agreed to acquire substantially all...
Tags: agreement, asset, financial, SEC
Research articles 2008-10-23
Neose Technologies' Common Stock to be Delisted from Nasdaq Global Market
HORSHAM, Pa. -- Neose Technologies, Inc. (NasdaqGM:NTEC) today announces that its common stock will be delisted from the NASDAQ Stock Market ("NASDAQ"). On October 7, 2008, the Company received an additional Staff Determination from the NASDAQ Listing Qualifications Department (the "Department") indicating that the Company's filing of a Form...
Tags: asset, Company, liquidation, Nasdaq Stock Market Inc., SEC, stock
Research articles 2008-10-14
Forest Oil Announces Completion of Acquisition in Greater Buffalo Wallow and East Texas Core Areas; Agreement to Sell Certain Assets in the Rockies; Third Quarter Net Sales Volumes Deferrals; and Updates 2008 Guidance
Forest closes Greater Buffalo Wallow and East Texas acquisition of 350 Bcfe of estimated proved reserves with additional net unrisked potential of 1.2 Tcfe and approximately 1,500 identified drilling locations; Forest's latest Cotton Valley horizontal best well to date announced at 9.9 MMcfe/d Forest enters into agreement to sell...
Tags: acquisition, agreement, asset, divestiture, FINANCE, Investment, reserve, SALES, SEC
Research articles 2008-09-30
Neose Technologies to Sell its Assets to Novo Nordisk and BioGeneriX
HORSHAM, Pa. -- Neose Technologies, Inc. (Nasdaq GM:NTEC) today announced that it has signed definitive asset purchase agreements with Novo Nordisk A/S (NYSE:NVO) and BioGeneriX AG providing for the sale of substantially all of the assets of Neose in all-cash transactions for an aggregate purchase price of approximately $43 million....
Tags: asset, liquidation, Neose Technologies Inc., SEC
Research articles 2008-09-18
Delaware bankruptcy court OKs SemGroup LP severance packages
A Delaware bankruptcy judge approved severance packages Monday for 230 laid-off employees of SemGroup LP, which filed for Chapter 11 reorganization July 22. Last week's layoffs included about 110 workers out of about 400 employed by SemGroup in Tulsa. The terminations amounted to a bit more...
Tags: asset, bankruptcy, Litigation, SEC
Research articles 2008-08-19
Forest Oil Announces Agreement to Acquire Assets in Greater Buffalo Wallow and East Texas Areas
Adds Approximately 118,000 Gross Acres (85,000 Net Acres) in Our Top Two Growth Areas Adds 350 Bcfe of Estimated Proved Reserves With Additional Net Unrisked Potential of 1.2 Tcfe and Approximately 1,500 Identified Drilling Locations Adds Production of 34 MMcfe/d With an Expected Organic Growth Rate of Greater...
Tags: acquisition, agreement, asset, Company, divestiture, East, Forest Oil Corp., reserve, SEC
Research articles 2008-08-18
OKC-based SemGroup Energy misses SEC deadline
Publicly traded SemGroup Energy Partners LP SGLP told the Securities and Exchange Commission Friday that its parent company's bankruptcy, coupled with its own default under a credit agreement, "raise substantial doubts about the partnership's ability to continue as a going concern." SGLP detailed its own financial woes in...
Tags: asset, bankruptcy, Litigation, SEC
Research articles 2008-08-18
Pioneer Southwest Energy Partners L.P. Reports Second Quarter Results
DALLAS -- Pioneer Southwest Energy Partners L.P. ("Pioneer Southwest") (NYSE:PSE) today announced financial results for the quarter ending June 30, 2008. Net income for the second quarter was $26 million. Income since the May 6, 2008 closing date of the initial public offering was $16 million or $.53 per...
Tags: acquisition, asset, FINANCE, financial, INTERNET, Investment, SALES, SEC, Taxes, Transportation
Research articles 2008-08-04
Ameritrans Announces Special Meeting of Shareholders
NEW YORK -- Ameritrans Capital Corporation (NASDAQ: AMTC, AMTCP) today announced it has scheduled a Special Meeting of Shareholders to be held Tuesday, August 26, 2008, at 10:00 a.m., at the law offices of Stursberg and Associates, LLC in New York City, to vote on the approval of the sale...
Tags: Ameritrans Capital Corp., asset, board, Company, SEC
Research articles 2008-08-01
Quest Resource Corporation Announces Pricing of Public Offering
Quest Resource Corporation (NASDAQ: QRCP) ("Quest") announced today the pricing of a follow-on public offering of 8,800,000 shares of its common stock at a price of $10.25 per share. Quest has also granted the underwriters a 30-day over-allotment option to purchase up to an additional 1,320,000 shares of its...
Tags: asset, Quest Resource Corp., SEC
Research articles 2008-07-02
Dividend Dates and Distribution Amounts Announced for Certain BlackRock Closed-End Funds
NEW YORK -- Today, the BlackRock closed-end funds listed below announced distributions. In addition, four equity funds, BlackRock Real Asset Equity Trust (NYSE:BCF), BlackRock Enhanced Dividend AchieversTM Trust (NYSE:BDJ), BlackRock International Growth and Income Trust (NYSE:BGY), and BlackRock World Investment Trust (NYSE:BWC) (collectively, the "Funds") are moving from a...
Tags: asset, dividend, FINANCE, INTERNET, Investment, SEC, Taxes
Research articles 2008-07-01
DCS Announces the Availability of Its Most Recent Semiannual Shareholder Report
LISLE, Ill. -- Dreman/Claymore Dividend & Income Fund (NYSE: DCS) announces the availability of its most recent semiannual shareholder report. The report has been filed with the Securities and Exchange Commission and is now posted on Claymore's website at http://www.dremanclaymore.com. Printed copies are available by calling 800-345-7999. This information...
Tags: asset, INTERNET, NYSE Euronext, SEC, SECURITY
Research articles 2008-06-30
Finisar Corporation Files Form 10-K Report With Final Fiscal 2008 Financial Statements
Finisar Corporation (NASDAQ: FNSR), a technology leader in gigabit fiber optic solutions for high-speed data networks, today announced that it has filed its annual report on Form 10-K for its fiscal year ended April 30, 2008 with the Securities and Exchange Commission. The Form 10-K includes the Company's final...
Tags: asset, Company, FINANCE, financial, Finisar, GAAP, non-GAAP, SEC
Research articles 2008-06-30
Quest Resource Announces Commencement of Public Offering of Common Stock
Quest Resource Corporation (NASDAQ: QRCP) ("Quest") announced today that it has commenced, subject to market conditions, an underwritten public offering of approximately 8.4 million shares of its common stock, par value $0.001 per share. Quest also intends to grant the underwriters a 30-day option to purchase up to approximately 1.26...
Tags: asset, Quest Resource Corp., SEC
Research articles 2008-06-24
Ferro Corporation Announces $200 Million Debt Offering
CLEVELAND -- Ferro Corporation (NYSE: FOE) (the "Company") announced today a proposed public offering of $200 million in aggregate principal amount of Senior Notes due 2016. The Company intends to use the net proceeds from the offering and available cash, including borrowings under its revolving credit facility, to purchase or...
Tags: asset, Company, Ferro Corp., FINANCE, financial, prospectus, SALES, SEC
Research articles 2008-06-23
Harris & Harris Group Reports Net Asset Value
NEW YORK -- In connection with a proposed public offering of shares of common stock directly to institutional investors pursuant to an effective shelf registration statement filed with the Securities and Exchange Commission, we have determined that our net asset value per share as of June 16, 2008, was $5.77....
Tags: asset, Company, FINANCE, INTERNET, Investment, SEC
Research articles 2008-06-17
Finisar Corporation Announces Fourth Quarter and Fiscal 2008 Financial Results
Finisar Corporation (NASDAQ: FNSR), a technology leader in gigabit fiber optic solutions for high-speed data networks, today announced financial results for its fourth quarter and fiscal year ended April 30, 2008. FINANCIAL HIGHLIGHTS - FOURTH QUARTER ENDED APRIL 30, 2008 Financial Results -- Fourth quarter revenues...
Tags: amortization, asset, Company, FINANCE, Finisar, GAAP, income, non-GAAP, revenue, SEC
Research articles 2008-06-12
AmericanWest plans to raise capital in issue
AmericanWest Bancorporation, of Spokane, has sought regulatory approval to sell $30 million in securities through a public offering to increase the capital of its principal operating subsidiary, AmericanWest Bank, and to raise money for general corporate purposes. The company filed with the U.S. Securities and Exchange Commission on May 29...
Tags: AmericanWest Bancorporation, asset, bank, prospectus, SEC, SECURITY
Research articles 2008-06-12
First California Annual Meeting Report
First California Financial Group, Inc. (NASDAQ: FCAL) ("First California") reported today that at its recent annual meeting shareholders reelected all 10 directors. They are Richard D. Aldridge, Donald E. Benson, John W. Birchfield, Joseph N. Cohen, Robert E. Gipson, W. Douglas Hile, Antoinette T. Hubenette, M.D., C. G. Kum,...
Tags: asset, bank, Banking, FINANCE, Investment, liquidity, SEC
Research articles 2008-06-09
Ipsen Builds a Fully Fledged Presence in North America, Significantly Enhancing Its Geographic Footprint, Global Specialty Portfolio and Growth Profile
* Endocrinology: agreement to take control of US-partner Tercica Inc. * Neurology: acquisition of the U.S. subsidiary of Vernalis plc, and of the North American rights for Apokyn([R]) * Hematology: acquisition of all OBI-1 assets from Octagen * Revised financial outlook PARIS -- Regulatory News: ...
Tags: agreement, asset, FINANCE, Investment, merger, Parkinson, patient, R&D, SALES, SEC, therapy, U.S.
Research articles 2008-06-05
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