Hardie Building Group $1.1 Billion Asbestos Settlement is Largest ...
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Although asbestos was used in such disparate products as building insulation and brake linings, in its raw form it came out the ground, and nobody in Australia mined and processed more of it than the James Hardie group.
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Japan&#39;s Sumitomo Corp and UK broker Credit Lyonnais Rouse have settled a $1.1 billion (600 million pounds) suit in the High Court, drawing a line under a rogue trader scandal
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TONY JONES: Unions and asbestos victims have accused the James Hardie Board of protecting the chief architects of its underfunded compensation trust.
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Shares in James Hardie Industries NV rallied on news that two key executives will stand aside, rather than resign, over the company&#39;s underfunding of asbestos compensation.
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PERTH (Dow Jones)--Signing up China&#39;s biggest construction company, Fortescue Metals Group Ltd. (FMG.AU) on Monday inched closer to realizing its A$1.
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PETER CAVE: The disgraced building products firm James Hardie has revealed softer first half profits as a result of costs related to an inquiry into its asbestos compensation fund.
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NEW YORK, October 5  - BHP Billiton Limited (BHP.NYS), the world&#39;s largest mining company, has announced its plans to return up to A$1.
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Building products company James Hardie announced it had approved a multi-billion dollar deal to compensate victims of deadly diseases contracted from exposure to its asbestos products.
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The US Department of Labor announced Wednesday that it had reached a $1.9 million settlement with a contractor for Target Corp. after finding that the contractor had not paid overtime
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Australian building group James Hardie Industries misled the public when it said it had set aside enough money to meet asbestos compensation claims.
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A federal appeals court has rejected a $1.2 billion asbestos settlement plan for ABB Ltd., a setback for restructuring efforts by the Swiss-Swedish engineering company.
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Asbestos victims voiced outrage Friday at a multimillion dollar golden handshake given to the chief of building products group James Hardie Industries NV, who resigned in the wake of a scandal about the company&#39;s treatment of thousands of people poisoned
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Australian building products company James Hardie Industries NV broke the Corporations Law in February 2001 when it announced its fund to compensate asbestos disease sufferers was &quot;fully funded,&quot; a special inquiry has found.
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U.S. construction spending rose 1.1  percent in December, topping expectations, as private  residential spending jumped to a record high, a government  report showed on Tuesday.
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A US appeals court on Thursday turned down ABB&#39;s (ABBN.VX: Quote, Profile, Research) (ABB.N: Quote, Profile, Research) proposed $1.2 billion settlement of an asbestos lawsuit involving the Swiss engineering group&#39;s Combustion
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SYDNEY (Dow Jones)--Australian building materials group James Hardie Industries NV (JHX) came under fire Wednesday from disgruntled shareholders and union groups
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MAXINE MCKEW: The two men blamed for James Hardie&#39;s billion dollar asbestos shortfall have quit the company. But the move, which should have won James Hardie public support, has instead provoked outrage.