Latest Accretion Stories

2011-01-28 06:30:00

RICHMOND, Va., Jan. 28, 2011 /PRNewswire/ -- Full-year 2010 operating earnings of $3.34 per share, in the upper half of original guidance range of $3.20 to $3.40 per share Full-year 2010 GAAP earnings of $4.68 per share Fourth-quarter 2010 operating earnings of 63 cents per share Fourth-quarter 2010 GAAP earnings of 43 cents per share Company affirms 2011 operating earnings guidance of $3.00 to $3.30 per share Company plans $400 million to $700 million equity repurchase in 2011...

2011-01-20 06:05:00

ALLEGAN, Mich., Jan. 20, 2011 /PRNewswire/ -- Perrigo Company (Nasdaq: PRGO; TASE) today announced that it has signed a definitive agreement to acquire substantially all of the assets of Paddock Laboratories, Inc. ("Paddock"), a privately-held, Minneapolis-based manufacturer and marketer of generic pharmaceutical products for approximately $540 million in cash. Perrigo expects to receive a significant tax benefit as a result of the acquisition of Paddock's assets. The net present value...

2010-04-29 06:30:00

RICHMOND, Va., April 29 /PRNewswire-FirstCall/ -- Dominion (NYSE: D) today announced unaudited reported earnings determined in accordance with Generally Accepted Accounting Principles (GAAP) for the three months ended March 31, 2010, of $174 million ($0.29 per share), compared with reported earnings of $248 million ($0.42 per share) for the same period in 2009. Operating earnings for the three months ended March 31, 2010, amounted to $576 million ($0.96 per share), compared to...

2008-07-17 12:01:18

Omnicare, a provider of pharmaceutical care for the elderly, has acquired Advanced Care Scripts, a provider of specialty pharmaceutical services. The transaction is expected to be modestly accretive to Omnicare's earnings in 2008, with accretion expected to increase in 2009 and beyond. Joel Gemunder, president and CEO of Omnicare, said: "The acquisition of Advanced Care Scripts is squarely in line with our strategy of broadening Omnicare's platform through the addition of high-growth...

2006-06-21 15:55:00

Up to one quarter of the light brightening the universe comes from the massive crush of matter succumbing to the extreme gravity of black holes. Scientists have long understood that amount of light means black holes have the colossal appetite to ingest whole stars and huge amounts of gas. But a critical question has always remained: how they can continue to devour so much? For the first time, a team of scientists with NASA's Chandra X-ray Observatory led by Jon Miller has uncovered the...

2005-04-06 08:20:00

RAS -- New supercomputer simulations may help explain periodic bursts of light emitted by compact binary star systems. Cataclysmic variables are binary systems that consist of a white dwarf and a normal star. The dense white dwarf drags material from its companion star, creating an accretion disc of matter around itself, and a hotspot develops where the gas stream from the star crashes into the accretion disc. On Wednesday 6th April at the RAS National Astronomy Meeting in Birmingham, Dr...

Latest Accretion Reference Libraries

2004-10-19 04:45:44

Cosmogony -- Cosmogony is the study of the origins of celestial objects. It is most commonly used to refer to the study of the origin of the solar system. Currently, the most widely accepted theory is that the solar system was formed roughly 5 billion years ago with the collapse of a nebula of gas and dust, likely caused by shock waves generated by a nearby supernova. The solar system would have formed as a member of a star cluster, now long-since dispersed throughout the Milky Way over...

2004-10-19 04:45:41

Accretion Disk -- An accretion disk is a structure formed by material falling into a gravitational source. Conservation of angular momentum requires that, as a large cloud of material collapses inward, any small rotation it may have will increase. Centrifugal force causes the rotating cloud to collapse into a disk, and tidal effects will tend to align this disk's rotation with the rotation of the gravitational source in the center. Friction between the particles of the disk generates heat...

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Word of the Day
  • The offense of persistently instigating lawsuits, typically groundless ones.
  • An unlawful breach of duty on the part of a ship's master or crew resulting in injury to the ship's owner.
  • Sale or purchase of positions in church or state.
This word ultimately comes from the Old French word 'barater,' to cheat.