Sentences with phrase «backed by a billion»

Those schools are now subject to strong improvement efforts, backed by billions of dollars in federal support.
«These are typically small businesses; they're not backed by billions of dollars in venture capital,» he said.
Backed by billions in investment capital, this alarming phenomenon is replicating itself around the world.
At Altman & Altman LLP, our Boston - based personal injury attorneys have over 50 years of experience getting our clients the benefits they are entitled to for as long as they require to get better, and aggressively pursuing litigation against negligent employers and third parties responsible for the injury — whether they are backed by billion dollar corporations such as Amazon or not.
There are a number of smaller competitors as well, however in the interest of risk mitigation being backed by a billion dollar business has its advantages.

Not exact matches

The nearly $ 2 billion project is backed by $ 1.4 billion in funding from the Chinese government and banks and is being built by Chinese construction crews.
Back in 2005 the China Offshore Oil Company, or CNOOC, got burned when U.S. lawmakers made noises to block its US$ 18.5 - billion takeover of integrated Unocal Oil Company, eventually bought by Chevron.
Manbang, which is backed by Tencent and Jack Ma's private equity firm, hopes to raise between $ 500 million and $ 1 billion in capital to help it expand in China's growing logistics market.
In 2007, The Laljis» company, Larco Group, struck a $ 1.7 - billion deal with the federal government to buy and then lease back seven Ottawa office buildings; the CBC reported in 2015 that the arrangement has been plagued by years of disputes between the two parties, including acrimony over repairs, contract tendering and even parking fees.
In an announcement on Monday, Ameren Missouri said the scheme would be backed by an investment of around $ 1 billion and that it would also look to add 100 megawatts of solar generation over the next 10 years.
Additionally, the company tried to curry favor with investors by pledging to buy back another $ 100 billion of its own stock and raise its dividend by 16 %.
The European Commission ruled in August that Apple should pay back 13 billion euros ($ 13.6 billion)-- a decision contested by the Irish government, who argued that the EU was interfering with its sovereignty.
Founded only in 2008 but measured earlier this year as the third-most valuable venture capital - backed group in the world at over $ 25 billion, Airbnb also said it would help prevent its service from causing housing shortages by «ensuring hosts agree to a policy of listing only permanent homes on a short - term basis».
It reported diluted earnings per share of $ 1.27 ($ 3.62 expected) on revenue of $ 7.27 billion ($ 7.11 billion expected), after paying a mortgage - backed securities - related settlement that reduced diluted earnings by $ 3.41 per share.
A case in point: Citigroup and JPMorgan recently worked on the sale of $ 1 billion in bonds from the Republic of Iraq backed by the US government.
• Red Ventures, a Fort Mill, S.C. - based digital marketing company backed by Silver Lake Partners and General Atlantic, agreed to acquire Bankrate (NYSE: RATE) for $ 1.24 billion.
Citi, along with HSBC, Goldman Sachs, and Nomura, initially arranged the $ 1.8 billion loan, backed by some 628 million shares of Steinhoff's now - crippled stock.
• OneWeb, an Arlington, Va. - based satellite company backed by SoftBank (TSE: 9984), has agreed to merge with Intelsat SA (NYSE: I), a Luxembourg - based satellite operator laden with about $ 15 billion in debt.
• Neptune Energy Group, which is backed by Carlyle Group and CVC Capital Partners, agreed to acquire ENGIE E&P International, a Paris - based oil and gas exploration company, for $ 3.9 billion.
Those findings jibe with just - reported data from the National Venture Capital Association, which reports 36 venture - backed companies went public, raising $ 3.3 billion, a 50 percent increase by number of deals and nearly 40 percent increase from the fourth quarter in 2013.
May stunned investors by putting Hinkley on hold in July, just hours before a deal was to be signed, saying she needed time to assess the project under which French utility firm EDF would build Britain's first new nuclear reactor in decades, backed by $ 8 billion of Chinese cash.
• Netmarble Games, a Seoul, South Korea - based mobile game company backed by Tencent (SEHK: 700), said it plans to raise up to 2.66 trillion ($ 2.35 billion) in an initial public offering.
The company is backed by Silver Lake and GIC Private, and commands a valuation of about $ 2.6 billion, according to Reuters.
They've built in a $ 3 - billion reserve, lowered their revenue expectations by about $ 3 billion and then there's room on the upside which is good for business because it means there is a serious plan to get back to balance.
The company said it expects to use part of the proceeds to buy back shares and raised its repurchase program by $ 5 billion to $ 7.7 billion.
With such an enormous valuation gap and such a massive amount of cash on the balance sheet, we find it difficult to imagine why the board would not move more aggressively to buy back stock by immediately announcing a $ 150 Billion tender offer (financed with debt or a mix of debt and cash on the balance sheet).
Singapore's Global Logistic Properties (GLP) agreed to be acquired by a Chinese private equity consortium backed by senior GLP executives for about S$ 16 billion ($ 11.6 billion), choosing it over a rival bid in Asia's largest private equity buyout.
«By making it less punitive for companies to bring back this money and making the process far less bureaucratic and difficult, we can return trillions and trillions of dollars to the economy and spur billions of dollars in new investments in our struggling communities and throughout our nation,» Trump said.
But, if you really want to see what set HP (HPQ) on its current trajectory, you should go back further to 2008, when HP finalized its $ 13.9 billion buy of Electronic Data Systems, the IT services company founded by H. Ross Perot.
Many are key job creators, since companies founded by immigrants that are backed by venture capital have created an estimated average of 150 jobs per company and generated $ 63 billion in sales.
Not only would there be a huge human factor to consider in sending them back to countries with which most aren't familiar, but the cost to our economy could be staggering: According to a Center for American Progress study earlier this year, the estimated loss of DACA workers would reduce U.S. GDP by $ 433 billion over the next 10 years, with California, Texas and Illinois being hit hardest.
The latest boost is the plan backed by top business leaders, including billionaire tech investors Bill Gates and Jack Ma, to set up a $ 1 billion fund for the development of innovative energy technologies.
The wealth of Bezos grew by $ 3.3 billion on an after - hours surge of Amazon (amzn) stock Thursday, reports Bloomberg, on the back of the online retail giant's expectations - beating first quarter results.
LONDON, March 27 - Global oil traders Vitol and Glencore are in talks to financially back Nigerian firms racing to buy assets owned by Brazil's Petrobras valued at up to $ 2 billion, several sources familiar with the matter said.
«I can bring back inflation by 5:00 pm by giving everyone $ 1 billion.
Giving businesses another year to comply with the Affordable Care Act is expected to set the Obama administration back $ 12 billion, according to estimates by congressional researchers.
Some of Trump's proposals would slash funding for the National Institutes of Health by $ 1.23 billion, Bloomberg reports, and could bring research spending levels back to their level in 2000.
The world's largest private equity fund, backed by Japan's SoftBank Group and Saudi Arabia's main sovereign wealth fund, said on Saturday it had raised over $ 93 billion to invest in technology sectors such as artificial intelligence and robotics.
Given the softening economy in the latter half of last year and first months of 2013, Finance Minister Jim Flaherty's target of getting back to balance by 2015 — after piling up $ 172 billion in debt in eight years — will depend on three assumptions all coming to good.
Even as the economy marched back toward prosperity over the past few years, both the number of us donating and the amount we give have declined; analysis by the Fraser Institute pegged the drop at a total of $ 11.1 billion between 2006 and 2011.
By buying back $ 50 billion in stock at high prices, thus diminishing its balance sheet just as its competitors were bulging with cash.
As LogTech brings the logistics industry online, backed by $ 5 billion of VC investments in 2016, data is getting more transparent.
The committee was set up by the major institutional investors to salvage about $ 32 billion invested in a type of short - term note, commonly called asset - backed commercial paper, that couldn't be redeemed.
Valeant, backed by activist investor Bill Ackman, whose Pershing Square Capital Investment holds some 10 per cent of Allergan stock, originally announced its takeover bid back in April and has since boosted it twice to some US$ 53 billion.
Back on March 1 the government, by its own decree, forced itself to cut $ 85 billion from its budget this year and the outlook was scary!
Despite the move, she angered fiscal conservatives, taking Alberta back into long - term debt expected to reach $ 21 billion by 2017 to pay for new schools and health clinics.
Be it the Conservatives» call to cut $ 11 billion in government expenditures or the Liberals» plan to raise corporate taxes by 1.5 percentage points back to 2010 levels, these are issues of substance.
She pledged to restore marketing spending on soda and chips, buy back stock, and cut costs by $ 3 billion over three years.
Europe's retailers continued to claw back some ground having been clobbered along with U.S. peers like Wal - Mart and Target on Friday by net - giant Amazon's $ 13.7 billion deal to buy upscale grocer Whole Foods Market.
Because they went out and bought $ 567 billion worth of stock back with debt, by issuing debt.
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