Source: www.moreover.com --- Wednesday, January 04, 2012
Pharma Times Jan 4 2012 10:12AM GMT ...
Source: http://c.moreover.com/click/here.pl?r5697477560
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Friday, January 6, 2012
India curbs price moves on imported drugs
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Thursday, January 5, 2012
LG announces upgraded Smart ThinQ appliances, average refrigerator IQ set to rise in 2012
LG announces upgraded Smart ThinQ appliances, average refrigerator IQ set to rise in 2012 originally appeared on Engadget on Thu, 05 Jan 2012 18:54:00 EDT. Please see our terms for use of feeds.
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Mosaic quarterly earnings beat Street's forecast (Reuters)
NEW YORK (Reuters) ? Fertilizer producer Mosaic (MOS.N) posted a higher-than-expected quarterly profit as higher prices helped offset a dip in phosphate sales and flat potash volumes.
The company warned that volumes may remain sluggish into the spring, as its distributors and farming customers remain cautious due to economic uncertainty.
"While we expect third quarter results to decline due to near-term macroeconomic uncertainty and cautious distributor purchasing behavior, we remain confident of the strong long-term demand prospects for our products," Mosaic Chief Executive Jim Prokopanko said in a statement.
For the fiscal second quarter ended November 30, the company earned $623.6 million, or $1.40 per share, compared with $1.03 billion or $2.29 a share in the year-ago period.
Analysts expected earnings of $1.28 per share, according to Thomson Reuters I/B/E/S.
The year-ago results were helped by the one-time gain of the sale of a business.
Revenue rose 13 percent to $3.01 billion. Analysts expected $3.2 billion in revenue.
Potash and phosphate -- Mosaic's two main products -- are the second- and third-most important fertilizers for farmers to apply, after nitrogen.
Mosaic's average selling price for potash rose to $440 per tonne from $331 a year earlier. Volumes, at 1.8 million tonnes, were flat.
The company's average selling price for phosphate rose to $661 per tonne from $461, offsetting a 14 percent drop in volume.
Mosaic has complained that phosphate volumes are too low, and last week said it would cut phosphate production this year due to low prices for the nutrient.
The company is also battling in the courts for a permit that would let it expand a Florida phosphate mine.
Shares of Mosaic gained 0.6 percent to $52.59 in after-hours trading. The stock has traded between $44.86 and $89.24 in the past 52 weeks.
(Reporting By Ernest Scheyder; editing by Andre Grenon and Matthew Lewis)
Source: http://us.rd.yahoo.com/dailynews/rss/business/*http%3A//news.yahoo.com/s/nm/20120104/bs_nm/us_mosaic
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Hackers steal Israeli credit card numbers (Reuters)
JERUSALEM (Reuters) ? Computer hackers published details of thousands of active Israeli credit cards after breaking into Israeli websites, the chief executive of Israel's largest card company said Tuesday.
Dov Kotler, CEO of Isracard, a unit of Bank Hapoalim, said in a statement that a file containing 400,000 Israeli credit card numbers had appeared on the Internet but the company found that most were incorrect or invalid.
Israeli media reports said a Saudi-based group had hacked into several websites in Israel to cull the numbers.
Kotler said Isracard had analyzed the information and found that only some 14,000 of the credit card numbers listed by the hackers were valid, including 6,600 issued by his company.
Some of the stolen card numbers were used in Internet purchases but Kotler said Isracard had blocked further transactions and its affected clients would be reimbursed.
He said there were some 7 million active cards in the Israeli economy.
(Writing by Ori Lewis; Editing by David Holmes)
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Tuesday, January 3, 2012
Credit card debt: Are consumers returning to bad habits?
Credit card debt increased an estimated $64 billion in 2011, far more than in the previous two years. Holiday shopping bills will swell credit card debt even more in early 2012.
Americans are edging back toward their bad old pre-recession habits, when they charged whatever they wanted on their credit cards and didn?t worry about the build up of debt. After starting 2011 by paying down over $32 billion in credit card debt, consumers are on track to end the year with a $64 billion increase in their net credit card debt, according to Card Hub?s latest survey of credit card debt.
Skip to next paragraphThat?s a far bigger increase than in either 2009 or 2010. Unfortunately, the situation in 2012 will worsen before it improves. You can thank the busy holiday shopping season for that. It occurs during the year?s fourth quarter, which is largely why the fourth quarter sees debt build up faster than in the second and third quarters combined.
Typically, Americans pay down their debt in the first quarter, buoyed by salary bonuses, tax refunds, and New Year?s resolutions. In 2009 and 2010, they paid down more in the first quarter than they ran up new debt through the end of the third quarter. The same cannot be said for 2011.
In the third quarter of 2011, consumer ran up 154 percent more credit card debt than they did in the same period a year earlier.
During the Great Recession, overleveraging (spending more than you bring in) caught up with consumers and companies alike as unemployment skyrocketed and revenue sources dried up and wreaked havoc on our economy. While current credit card debt is far from peak recession levels, the pace at which consumers are adding new debt foreshadows a return to such worrisome levels.
But improve, the situation surely can. Consumers have a number of options at their disposal, but the obvious first step in combating rising debt levels has to be budgeting.? It?s the ?obvious? first step, not necessarily an easy one. People who are consistently spending beyond their means need to excise spending from their lives, and this necessitates making tough choices.
Make a list of your monthly expenses and rate them based on importance, with things like food, housing, and insurance taking top priority.? Then cut the lowest ranked items until your spending is below your monthly income threshold with room to spare (you?ll want some savings for an emergency fund). After that, stick to your budget and work to pay down what you currently owe.
When it comes to sticking to a budget, you might find a debit card or a charge card more helpful than a credit card because they are better suited to instilling spending discipline. With a debit card, one can transfer the budgeted amount to a checking account and only spend that amount. Since charge cards do not allow you to carry a balance, you?re automatically insulated from spending more than you can afford to pay back.
On the other hand, if you don?t want to forgo credit cards because of their rewards and low introductory interest rates, you can do a couple of things to prevent overspending. One is to link your account with a checking account in order to impose the spending discipline you need. The other is to call your credit card company and get it to reduce your credit limit so as to be in line with your monthly budget. Confronting the problem of rising credit card debt with a credit card might seem rather ironic, but it is a problem that must be dealt with, so anything that can help should be welcomed.
At the end of the day, the worst thing you can do is ignore the situation until credit card debt becomes unmanageable and the problem becomes more difficult to solve.
? Odysseas Papadimitriou is CEO of Card Hub, a website where consumers can learn about and compare credit cards.
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Sunday, January 1, 2012
Russian protesters arrested in Moscow rally (Reuters)
MOSCOW (Reuters) ? Russian police detained about 60 protesters during an anti-government demonstration on Saturday in Moscow, hours after Prime Minister Vladimir Putin offered a conciliatory message to the opposition in a televised New Year's Eve address.
Reuters witnesses said they saw police surround and detain protesters who were shouting slogans such as "Putin Must Go!" and "Free the Political Prisoners!."
Police said about 200 people took part in the rally, with 60 detained. Gathering in near-freezing temperatures at a major thoroughfare in the capital, many protesters wore the white ribbon that has become a symbol of the protests.
Putin has faced massive demonstrations following a December 4 parliamentary election that protesters and international observers said was marked by fraud and violations. Despite the mounting pressure, Putin is expected to comfortably win a presidential election in March and return to the Kremlin.
"Of course, I want to wish all of our citizens, independent of their political leanings - those who sympathize with the forces of the left, and those on the right, those on top and those below, as you like - I want to wish everyone happiness and prosperity," he said in his address.
He made a passing nod to political tensions but said they were "the inevitable cost of democracy," especially in election time.
"At such times, politicians always try to manipulate the voters' feelings, everything is a little shaken up and seething, but that is the inevitable cost of democracy. There's nothing unusual here," he said.
Saturday's protest took place at Moscow's Triumfalnaya Square, a traditional rallying point for the opposition that also served as the birthplace of the demonstrations that have swept Russia this month.
Police and other law enforcement officers were deployed in the area well before the protest began at 5 p.m., their buses and vans lining the streets surrounding the square.
The protest was organised by the "Strategy 31" movement, which since 2009 has staged rallies to mark the right to peaceful assembly guaranteed in Article 31 of the constitution. They gather on the final day of every month with 31 days.
"Strategy 31" rallies do not enjoy official approval, and participants are subject to arrest. Among those detained on Saturday was National Bolshevik Party leader Eduard Limonov, Russian media reported.
Tens of thousands have taken to the streets this month in the biggest opposition demonstrations since Putin rose to power in 1999. The last massive rally was held on December 24. in central Moscow.
On Saturday, a separate protest attracted about 100 people in St. Petersburg, with city police reporting about 10 arrests.
Russia's Echo Moskvy radio also reported that about 200 people, including Kremlin critic Boris Nemtsov, participated in a rally in the Volga River city of Nizhny Novgorod that went off without incident.
(Writing by Alfred Kueppers; additional reporting by Mikhail Voskresensky in Moscow and Liza Dobkina in St. Petersburg; Editing by Alessandra Rizzo)
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