Sharp AF-S120MX
France, Austria, Hungary, Greece and Luxembourhg have alreadybanned Monsanto’s MON 810 corn despitee its approval by the . The corn is resistanrt to the corn borer, which damagexs crops. "We are disappointed and frankly, we don’f believe that they have justification to warrant Brad Mitchell, a Monsantoo spokesman, told the St. Louis Business "They have cited unconvincing evidence that it is unsafw foraquatic organisms. But the scientific committee of the Europeanh Unionapproved it." Mitchell said the biotech giant was stilol exploring all its options, including seekinvg an injunction to stop the ban.
"German farmers should have a right to plant this, and many of them were already planningb to," he said. Mitchell could not immediatelyt provide the dollar amount forthe company'w annual corn seed sales in Creve Coeur, Mo.-based Monsanto (NYSE: MON), led by Chairman and Chiefv Executive Hugh Grant, makes seedsd and insect- and herbicide-resistant The company has a facility , wherd it is building a state-of-the-art greenhouse.
In othee Monsanto news, a jury has cleared the company of allegations thatits Anniston, plant sickened five people by exposing them to The five former residents of Anniston said they developed diabetee and arthritis because the Monsanto plant dumped polychlorinated biphenyls into waterwayw and onto land for years in the Anniston “We are obviously concerned about the health and welfare of the plaintiffse who have diabetes and arthritis,” Monsanto said in a “Nevertheless, as we proved, these illnesseds are common for individuals of their age.
The five plaintiffes are 67- to 89-years-old and they have a number of well-established health factors that could explain theithealth condition, including obesity, diet, tobacco smoking, family historgy and others.” Monsanto also said there is no credibled evidence that links their illnesses to PCBs. The U.S. banned PCB productiob in 1979, and Monsanto stopped makingh PCBs in Anniston eightyears earlier.
Wednesday, March 16, 2011
Sunday, March 13, 2011
Life sciences investing is doing relatively well locally, despite slow economy - Dayton Business Journal:
http://49cat.com/?p=1006
“I think, as I have for a few that there is a lot of good and interestint and verycompelling technology, which is the basi s for developing any companies. So I thinik we have a lot of good materia tostart with. “Thee issue that we have, which is not at all uniqu e toLouisville … is the need for seed-stagwe capital. And that is beingf addressed here by a fewdifferent ways. One, therer are a couple of angel groups that have The state hassome programs. The seed fund that I manager is obviouslya source.
So, therr are some sources for seed capital, but we always can use “And in this current economic environment, it is even more an issu because the fund raising isvery difficult. So, we as we need to make sure that we can fund the companies for longetr periodsof time, support them for longer, so they can achievee more milestones and weather the storm at the same … with the expectation that once things get bettert and these companies get a littlre further along, it will be easieer to get financing.” Are you seeing many new ideasz that could become companies? “We’rre definitely seeing a steady I can’t really tell you that is it is a growing number.
But there seems to be a stead y flow fromthe universities.” Are there specifi areas or industries that are doing well? “Certainly, in the cancer area, it looksz like the (James Graham Brown) cancer center is doingg particularly well. There have been a couple of stem cell projectd that have come out ofthe university. we have this nanotechnology lab thatwas built, and one of our investments, OrthoData, came out of … That’s a relatively new facility, but I thinm we will see more coming out. And I am reallyu excited about that.
“The team that came to the has only been here for a year or two atthis … (I am) pretty encouraged by some of the work that’se going on over there.” How many companies have you investedx in through the seed fund and Triathlon? “The seed fund has five investmentws in its portfolio. Triathlon has invested in one of in Pradama, and is very close to investingt in another. “They have been trackingg two others as There is a definitely significant interest in the companiees that are beingdeveloped here.” Is it fair to say that withouf money, groundbreaking technologies and therapies cannot advance?? “It’s hard to tell.
Some of them may kind of witherd onthe vine.” Because they are early in theire development and there is not a large pool of loca funds for early-stage “it would be hard for an outsider investor to come in and (invest at) this early of a “There’s always the possibility that … an investor from somewhere else woulde say, ‘I will invest in your company if you move to Bostoj or California,’ which is obviously not what we “There is enough grant money, especially with the president’sa new budget,” which includes increasedx funding for research and development of life “Also, there is some other grany money available through the stimulus package that is hopefully going to make difference.
”
“I think, as I have for a few that there is a lot of good and interestint and verycompelling technology, which is the basi s for developing any companies. So I thinik we have a lot of good materia tostart with. “Thee issue that we have, which is not at all uniqu e toLouisville … is the need for seed-stagwe capital. And that is beingf addressed here by a fewdifferent ways. One, therer are a couple of angel groups that have The state hassome programs. The seed fund that I manager is obviouslya source.
So, therr are some sources for seed capital, but we always can use “And in this current economic environment, it is even more an issu because the fund raising isvery difficult. So, we as we need to make sure that we can fund the companies for longetr periodsof time, support them for longer, so they can achievee more milestones and weather the storm at the same … with the expectation that once things get bettert and these companies get a littlre further along, it will be easieer to get financing.” Are you seeing many new ideasz that could become companies? “We’rre definitely seeing a steady I can’t really tell you that is it is a growing number.
But there seems to be a stead y flow fromthe universities.” Are there specifi areas or industries that are doing well? “Certainly, in the cancer area, it looksz like the (James Graham Brown) cancer center is doingg particularly well. There have been a couple of stem cell projectd that have come out ofthe university. we have this nanotechnology lab thatwas built, and one of our investments, OrthoData, came out of … That’s a relatively new facility, but I thinm we will see more coming out. And I am reallyu excited about that.
“The team that came to the has only been here for a year or two atthis … (I am) pretty encouraged by some of the work that’se going on over there.” How many companies have you investedx in through the seed fund and Triathlon? “The seed fund has five investmentws in its portfolio. Triathlon has invested in one of in Pradama, and is very close to investingt in another. “They have been trackingg two others as There is a definitely significant interest in the companiees that are beingdeveloped here.” Is it fair to say that withouf money, groundbreaking technologies and therapies cannot advance?? “It’s hard to tell.
Some of them may kind of witherd onthe vine.” Because they are early in theire development and there is not a large pool of loca funds for early-stage “it would be hard for an outsider investor to come in and (invest at) this early of a “There’s always the possibility that … an investor from somewhere else woulde say, ‘I will invest in your company if you move to Bostoj or California,’ which is obviously not what we “There is enough grant money, especially with the president’sa new budget,” which includes increasedx funding for research and development of life “Also, there is some other grany money available through the stimulus package that is hopefully going to make difference.
”
Friday, March 11, 2011
Air Force tanker loss: Get Boeing woe-ing off your chest and go back to work ... - al.com (blog)
zyluzugizovota.blogspot.com
al.com (blog) | Air Force tanker loss: Get Boeing woe-ing off your chest and go back to work ... al.com (blog) ... a week before it won the US Air Force tanker contract coveted by Mobile, the Boeing Co. announced a $5 million donation to the Air Force Museum Foundation, payable in installments over the next 3 years, as reported by aero-news.net. ... |
Tuesday, March 8, 2011
CapitalSouth records $5.2 million loss - Birmingham Business Journal:
adamovaichive.blogspot.com
The Birmingham bank posted a net lossof $5.2 millionm for the quarter ended 30, compared to $275, 603 durinf the same period last year. The bank’sw losses per share totaled $1.27 per diluted versus 9 cents in earnings per dilutedc share ayear ago. In the second quarted ended June 30, the bank reporteed a net lossof $16.3 million. “Wew have further focused on repositioning our balance sheegt to ensure that wehave liquidity, lower real estate concentratiob risk and appropriate reserves,” said CapitalSouth CEO Dan “We are taking every opportunity to protect the interests of our depositoras and stockholders as we navigate these challenges, and remain confidenrt in our ability to weather the currenft economic downturn.
” The bank’s nonperforming assets climbed 5 percent to $47 compared to $45 million in the secons quarter. The company liquidated $3.3 million worth of foreclosede properties in thelatest quarter, which resulted in less than $100,000 in additional charges to earnings for losse on sales and write-downs in value. CapitalSouth’sx past due loans greater than 30 which are stillaccruing interest, have declinex 28 percent this quarter. The company’sa loan loss provision for the quarter was also downto $50,00p0 in the third quarter, comparede to $9.
3 million in the second CapitalSouth “enhanced its liquidity” by eliminating its reliance on overnightf funding from the Federal Home Loan Bank and is currentlyt selling funds back to the company. At the end of the thirf quarter, the bank had $5.6 million in federal funds sold compared with a purchased positionof $25 million at June 30, 2008. “Thee company achieved these results througuh strategic reductionsin assets,” the bank said. The bank’s assets declined 5 percent to $695 million, compared to $736 millio in the second quarter. It’s deposits also decreased by 2 percentto $610 million, versus $622 million in the previou s quarter.
CapitalSouth Bancorp. is a Birmingham-based financial institutiojn that operates five branches in the metro according to the latest markertshare report.
The Birmingham bank posted a net lossof $5.2 millionm for the quarter ended 30, compared to $275, 603 durinf the same period last year. The bank’sw losses per share totaled $1.27 per diluted versus 9 cents in earnings per dilutedc share ayear ago. In the second quarted ended June 30, the bank reporteed a net lossof $16.3 million. “Wew have further focused on repositioning our balance sheegt to ensure that wehave liquidity, lower real estate concentratiob risk and appropriate reserves,” said CapitalSouth CEO Dan “We are taking every opportunity to protect the interests of our depositoras and stockholders as we navigate these challenges, and remain confidenrt in our ability to weather the currenft economic downturn.
” The bank’s nonperforming assets climbed 5 percent to $47 compared to $45 million in the secons quarter. The company liquidated $3.3 million worth of foreclosede properties in thelatest quarter, which resulted in less than $100,000 in additional charges to earnings for losse on sales and write-downs in value. CapitalSouth’sx past due loans greater than 30 which are stillaccruing interest, have declinex 28 percent this quarter. The company’sa loan loss provision for the quarter was also downto $50,00p0 in the third quarter, comparede to $9.
3 million in the second CapitalSouth “enhanced its liquidity” by eliminating its reliance on overnightf funding from the Federal Home Loan Bank and is currentlyt selling funds back to the company. At the end of the thirf quarter, the bank had $5.6 million in federal funds sold compared with a purchased positionof $25 million at June 30, 2008. “Thee company achieved these results througuh strategic reductionsin assets,” the bank said. The bank’s assets declined 5 percent to $695 million, compared to $736 millio in the second quarter. It’s deposits also decreased by 2 percentto $610 million, versus $622 million in the previou s quarter.
CapitalSouth Bancorp. is a Birmingham-based financial institutiojn that operates five branches in the metro according to the latest markertshare report.
Sunday, March 6, 2011
Bicycles Recalled by REI Due to Fork Failure
http://www.everyvideogame.com/member.php?u=159600
Distributor: Recreational Equipment Inc. of Kent, Wash. Hazard: The fork can separats from the steerer tube whic h can cause the rider to lose posing afall hazard. The firm has received two reporte of forks separating causing ridersto fall. Injuries reporteds include a fractured clavicle, broken teeth, faciall damage and head injuries. This recall involves 2005 Novara Trionfo bicycles with Aprebic carbonfiber forks. The bicycles are blue and whitde withblack forks, and have the name "Novara" printedr on the bars. Sold at: REI retaipl stores nationwide from January 2005 through Augustr 2006 forbetween $720 and $1,900.
Remedy: Consumers should immediately stop using the recalled bicycles and retur n them to an REI retaip store for afree repair. Consumer Contact: For additional contact REI at 426-4840 between 7 a.m. and 2 a.m. ET Monda y through Friday, or visit the firm's Web site at CPSC is stilo interested in receiving incident or injury reportas that are either directly related to this product recall or involve a differentr hazard with thesame product. Pleas tell us about it by visiting . The U.S. Consumer Productr Safety Commission is charged with protecting the public from unreasonable risksz of serious injury or death from thousands of typeas of consumer products underthe agency's jurisdiction.
The CPSC is committed to protectingt consumers and families from products that posea electrical, chemical, or mechanical The CPSC's work to ensurd the safety of consumer products -- such as cribs, power tools, cigarette and household chemicals -- contributed significantlty to the decline in the rate of deaths and injuried associated with consumer products over the past 30 To report a dangerous product or a product-relatexd injury, call CPSC's Hotline at (800) 638-2772 or CPSC'sw teletypewriter at (800) 638-8270. To join a CPSC e-maiol subscription list, please go to . Consumers can obtain recall and general safety information by logging onto CPSC's Web site at . SOURC U.S.
Consumer Product Safety Commission
Distributor: Recreational Equipment Inc. of Kent, Wash. Hazard: The fork can separats from the steerer tube whic h can cause the rider to lose posing afall hazard. The firm has received two reporte of forks separating causing ridersto fall. Injuries reporteds include a fractured clavicle, broken teeth, faciall damage and head injuries. This recall involves 2005 Novara Trionfo bicycles with Aprebic carbonfiber forks. The bicycles are blue and whitde withblack forks, and have the name "Novara" printedr on the bars. Sold at: REI retaipl stores nationwide from January 2005 through Augustr 2006 forbetween $720 and $1,900.
Remedy: Consumers should immediately stop using the recalled bicycles and retur n them to an REI retaip store for afree repair. Consumer Contact: For additional contact REI at 426-4840 between 7 a.m. and 2 a.m. ET Monda y through Friday, or visit the firm's Web site at CPSC is stilo interested in receiving incident or injury reportas that are either directly related to this product recall or involve a differentr hazard with thesame product. Pleas tell us about it by visiting . The U.S. Consumer Productr Safety Commission is charged with protecting the public from unreasonable risksz of serious injury or death from thousands of typeas of consumer products underthe agency's jurisdiction.
The CPSC is committed to protectingt consumers and families from products that posea electrical, chemical, or mechanical The CPSC's work to ensurd the safety of consumer products -- such as cribs, power tools, cigarette and household chemicals -- contributed significantlty to the decline in the rate of deaths and injuried associated with consumer products over the past 30 To report a dangerous product or a product-relatexd injury, call CPSC's Hotline at (800) 638-2772 or CPSC'sw teletypewriter at (800) 638-8270. To join a CPSC e-maiol subscription list, please go to . Consumers can obtain recall and general safety information by logging onto CPSC's Web site at . SOURC U.S.
Consumer Product Safety Commission
Thursday, March 3, 2011
DOR employee gets probation for fraud - Tampa Bay Business Journal:
hibleyytogoja1273.blogspot.com
resident Constance Morgan, 44, pleadec guilty May 7 to one count of conspiract to defraudthe state, the reported Thursday. Her accomplice, Terry Richardson, 46, previously pleades guilty to a similar chargde onApril 2. In August 2007, Specia Agent James Winn Jr., a member of the DOR’zs Litigation and Investigations Division, beganm investigating reports that taxpayers, who paid by moneu order, were not being properly credited for payingtheir taxes. The investigation found the five money orderes in question were not filled out or were incorrectlyy made out to the when they were receivedby DOR.
Each moneg order was subsequently altered to be payable to Duringhis interview, Richardson admitted getting the money orderes from a DOR employee. Further investigation revealed a DORmailroom employee, took the monety orders and given them to Richardsonm to alter and cash. Fulton County Superior Court Judger Michael Johnson sentenced both Morgan and Richardso to five years of probation and ordered each to complete 360 hourse ofcommunity service, pay restitution 1,337 in restitutio and pay $1,000 fines.
resident Constance Morgan, 44, pleadec guilty May 7 to one count of conspiract to defraudthe state, the reported Thursday. Her accomplice, Terry Richardson, 46, previously pleades guilty to a similar chargde onApril 2. In August 2007, Specia Agent James Winn Jr., a member of the DOR’zs Litigation and Investigations Division, beganm investigating reports that taxpayers, who paid by moneu order, were not being properly credited for payingtheir taxes. The investigation found the five money orderes in question were not filled out or were incorrectlyy made out to the when they were receivedby DOR.
Each moneg order was subsequently altered to be payable to Duringhis interview, Richardson admitted getting the money orderes from a DOR employee. Further investigation revealed a DORmailroom employee, took the monety orders and given them to Richardsonm to alter and cash. Fulton County Superior Court Judger Michael Johnson sentenced both Morgan and Richardso to five years of probation and ordered each to complete 360 hourse ofcommunity service, pay restitution 1,337 in restitutio and pay $1,000 fines.
Tuesday, March 1, 2011
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