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[ April 20, 2014 | Author: admin | Views: 75069 | Weather: | Mood: normal]

An attempt by a Southern California town to shut down a hot sauce factory because of its smell has been denied. Los Angeles Superior Court Judge Robert O’Brien rejected the city of Irwindale’s initial bid Thursday to shutter the plant that makes Sriracha hot sauce until the company can reduce the odor, City News Service reported. “You’re asking for a very radical order on 24-hour notice,” O’Brien told attorney June Ailin, representing the city. A Nov. 22 hearing was scheduled on a preliminary injunction. The sprawling 650,000-square-foot factory owned by Huy Fong Foods processes some 100 million pounds of peppers a year into Sriracha (pronounced sree-YAH-chah) and two other popular Asian food sauces. The peppers get washed, mixed with garlic and a few other ingredients and roasted. The odor coming from the factory is only there for about three months out of the year, during the California jalapeno pepper harvest … Continue reading

[ April 20, 2014 | Author: admin | Views: 15140 | Weather: | Mood: normal]

Acorda Therapeutics, Inc. (NGSX) Today, NGSX has shed (-6.67%) down -0.0005 at $.0070 with 29,206 shares in play thus far (ref. google finance Delayed: 10:44AM EDT July 17, 2013), but dont let this get you down. Acorda Therapeutics, Inc. previously reported it has acquired two neuropathic pain management assets from NeurogesX, Inc. (OTCBB: NGSX). Qutenza庐 is approved by the U.S. Food and Drug Administration (FDA) for the management of neuropathic pain associated with postherpetic neuralgia. The Company also acquired NP-1998, a Phase 3 ready, prescription strength capsaicin topical solution, being assessed for the treatment of neuropathic pain. NP-1998 was previously referred to as NGX-1998. Acorda Therapeutics, Inc. (NGSX) 5 day chart: Best Industrial Conglomerate Companies To Own In Right Now: ThyssenKrupp AG (TKA) ThyssenKrupp AG is a Germany-based technology holding company operating in seven business areas. The Steel Europe division produces carbon steel flat products. The Steel Americas division is … Continue reading

[ April 20, 2014 | Author: admin | Views: 51480 | Weather: | Mood: normal]

According to Destatis, the official German statistics agency, Germany’s GDP grew just 0.4% in 2013. This is the lowest growth rate since the 5.1% drop registered in 2009, during the global financial crisis. The German government also finished the year with a 0.1% deficit, versus a 0.1% surplus in 2012. So, although it remains stable, the country might start to revert trends and fall into recession. Given the circumstances, let’s see how some German ADRs are performing. Still unaffectedFirst, Fresenius Medical Care (NYSE: FMS  ) is the No. 1 global provider of dialysis equipment. It enjoys leading market share of almost 33% in its home country. Fresenius continues to report good results despite the performance of the German economy. The first three quarters of 2013 showed a 9% growth in sales and a 12% increase in net income. The combination of an aging global population and Fresenius’ vertically integrated equipment division … Continue reading

[ April 20, 2014 | Author: admin | Views: 47899 | Weather: | Mood: normal]

lululemon athletica (NASDAQ: LULU  ) , which started out as a Canadian yoga-wear seller and has expanded to fitness gear around the world, has had an impressive run since March 2009. The company has expanded to more than 280 stores worldwide, and its stock has appreciated more than 2,900% since then. But even though the company’s recent earnings report beat expectations, the stock is down significantly since CEO Christine Day — who has been at the helm for all of this wild ride — announced she’ll be leaving the company once a replacement is found. In the following video, Fool contributor Brian Stoffel discusses why he thinks shares of Lululemon stock are worth looking into, given today’s prices. The future for Lululemon and retailThe retail space is in the midst of the biggest paradigm shift since mail order took off at the turn of last century. Only the most forward-looking and … Continue reading

[ April 20, 2014 | Author: admin | Views: 57128 | Weather: | Mood: normal]

Detroit Bloomberg News The Securities and Exchange Commission unanimously approved a rule Wednesday that would require people who advise state and local governments on financial transactions to register with the commission. The regulation implements a provision of the Dodd-Frank financial reform law that put municipal advisers under SEC oversight for the first time. An adviser would have to register with the agency if he or she provides guidance on issuing municipal securities, developing investment strategies or using municipal derivatives. Under a temporary rule approved in 2010, the agency has registered about 1,100 municipal advisers. The final rule will go into effect 60 days after it’s published in the Federal Register. Permanent adviser registration begins July 1. Top 5 Diversified Bank Companies To Buy Right Now: Dover Corp (DOV) Dover Corporation (Dover), incorporated in 1947, manufactures a range of specialized products and components and also offers related services and consumables. The … Continue reading