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Shares of the drug maker Wyeth are looking attractive, analysts say
The world's biggest-selling drugs are now for cancer, cholesterol and high blood pressure, but Alzheimer's medicines could definitely join their ranks," Cherukuri said. Another shock to Wyeth's system could come by the middle of this year, when Sun is expected to begin shipping tablet forms of Effexor to U.S. drugstores. Bigger jolts are expected in July 2010, when other drug makers will introduce their copycat forms of Effexor, Wyeth's biggest product with sales of $3.8 billion a year. The company is already fighting to keep its traction following recent U.S. rejections or delays for many drugs it had hoped would eventually offset plunging sales of Effexor, including treatments for schizophrenia, depression, hot flashes and constipation. Shares of Wyeth have fallen 30 percent in the past nine months, as the setbacks piled on top of each other.
Accord keeps free Wi-Fi for 3 more years Downtown
Free Wi-Fi for Downtown is here to stay, for the next three years at least. The Pittsburgh Downtown Partnership and aspStation Inc., a Bloomfield-based Internet access provider company, have reached an agreement that will maintain wireless Internet access across the Golden Triangle through December 2011. Partnership executive director Michael Edwards said the service has proven to be a selling point for convention planners when they consider meeting in Pittsburgh. "The fact that we have outdoor Wi-Fi is a compelling message," he said. In recent years, free wireless Internet has been seen as an amenity that could help revitalize urban areas, and hundreds of cities and counties have initiatives under way. But in most instances, the price tag for citywide Wi-Fi has been prohibitive, and many current plans are limited to public safety personnel or to specific uses such as video surveillance.
Clinton gains steam in tight Ohio
Texas Republican Ron Paul, a libertarian opponent of the Iraq war, has 6 per cent in Texas and 5 per cent in Ohio. In the Democratic race, Clinton continued her strong showing among women and older voters. In Texas, she has big leads among the state's sizeable bloc of Hispanics, and also performs well among Catholics and lower-income workers in Ohio. She has taken the lead in Texas among voters just making up their minds in the last few days, a reversal of Obama's edge in that category late last week. "It looks like momentum is swinging her way, but it's still very close,'' Zogby said. The rolling poll was conducted Saturday through Monday. It surveyed 828 likely Democratic voters in Ohio with a margin of error of 3.4 percentage points, and 855 in Texas with a margin of error of 3.4 percentage points.
BHP boss dismisses China's Rio raid
BHP Billiton chief executive Marius Kloppers has brushed off Chinalco's share raid on Rio Tinto, saying the company's takeover can be completed without the support of the Chinese aluminium giant. Describing Friday's share raid as an "interesting development", Mr Kloppers said the improved offer for Rio Tinto was "favourable" to the target's shareholders, including Chinalco. But Mr Kloppers was adamant the takeover could be completed without the support of Chinalco and its junior US partner in the raid, Alcoa. "By the terms of our offer, absolutely," he told told journalists during a conference call today. "I think the offer terms are very favourable to all the Rio Tinto shareholders, and indeed Chinalco as well," he added. China's state-owned Chinalco and Alcoa teamed to secure a 12 per cent stake in Rio Tinto's UK shares on Friday for $US14 billion ($15.63 billion).
Health Psychology-Mental Health
Stephen Lendman: Potential Health Hazards of Genetically Engineered Foods (2 comments) Disturbing information on the real risks to human health from eating genetically engineered foods. If agribusiness gets its way, that's the only kinds that will be available as they pollute the planet with GMOs. Wednesday, January 30: Kathryn Smith: Psyche wards won't release dangerous people. Does Congress/White House fit the bill? Included in this opinion article is a link to a 9-11 truth article which is the most indicting I have ever seen, where Bush and Cheney's pre-911 planning is concerned. No conspiracy theorists here: Only CIA agents, Senators, and FBI agents are quoted. This could be one of the most important articles you will ever read: Check it out and please pass this on! Thursday, January 17: Stephen Soldz: American and California Psychological Associations move to gut bill on interrogations A major battle is shaping up in California where a coalition is working to remove health providers from participating in military and CIA interrogations.
First Edition Cycling News
Overall ProTour winner and Tour de France runner-up Cadel Evans has cleaned up at the annual Australia Cyclist of the Year Awards, held in Adelaide, South Australia. The Predictor-Lotto rider was faced with stiff competition in every category he was nominated for following a bumper year for Australian riders on the international scene. Evans claimed the Cyclingnews.com-sponsored Male Road Cyclist award, while T-Mobile Women's squad rider Oenone Wood took the women's equivalent of the award. Evans claimed the award over Tour stage winner and team-mate Robbie McEwen and Adelaide local Stuart O'Grady, who became the first Australian to claim the prestigious Paris-Roubaix Spring Classic this season. Evans also claimed the Scody People's Choice award, which was nominated and voted by the Australian cycling community.
Allhiphop.com's Founders Thought a Weeklong Event Would Raise the ...
Greg Watkins stood at the bar at a New York City nightclub, watching a fashion show unfold onstage and trying not to think about all the drinks his guests were charging to his credit card. He was paying for three rappers, two of whom each ordered an entire bottle of Hennessy cognac. Pretty soon the tab exceeded $600--and that was the least of his worries. It was late August 2006, and Watkins's New York City-based company, the hip-hop news website AllHipHop.com, had spent a year planning this festival. Watkins and Chuck Creekmur, his co-founder and childhood pal, hoped the event, AllHipHop Week, would catapult their brand into the big time. Instead, it had turned into a cash-flow nightmare. A few days before the week began, their accountant had broken bad news: The company was plunging deeply into the red.
Clearview Mall imposes curfew
Most folks are accustomed to showing a driver's license or some other identification when entering a nightclub or boarding an airplane. But now, that's something some patrons of Clearview Mall in Metairie will have to get used to, under a new policy aimed at controlling crowds of unruly youngsters and teenagers. According to the mall's Parental Escort Policy, patrons 16 and under must be accompanied by an adult who is at least 21 years old on Fridays and Saturdays from 4 p.m. until closing. To enforce the rule, the mall has hired extra security to guard the shopping center's entrances and card the masses, General Manager Tara Lubrano said. The policy went into effect Friday. "We like to welcome everyone to come to the mall, but to crack down on the security issue we had to do something," she said.
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