Monday 10 September 2012

Nordion suspends dividend after arbitration loss

(Reuters) - Nordion Inc , a Canadian provider of medical isotopes, said on Monday that it would suspend its quarterly dividend after an arbitration panel rejected its claim for damages from its main supplier. Nordion had hoped to compel state-owned Atomic Energy of Canada Limited (AECL) to pay damages or complete mothballed reactors that would replace the ageing National Research Universal (NRU) reactor. The panel rejected Nordion's claim. ... via Health News Headlines - Yahoo! News Read More Here..

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