Under a recently initiated pilot program, agents from the US and Mexico are now performing joint customs inspections in Tijuana.
Since the signing of the NAFTA in 1994, trade between the United States and Mexico has multiplied by a factor of five. This increase in the volume of commerce between the two nations has prompted both public parties and private entities on both sides of the border to devise ways to speed up the pace of cross-border commerce. One such measure that has been implemented to further this goal is to allow for each country to position its customs agents close to the border, and within the national territory of the other in a joint effort to accelerate trade flows. This arrangement is currently in process, and is taking the form of a second pilot program at the US-Mexico border Otay Mesa Port of Entry. Operations began in mid-January of 2016. USCBP now performs customs inspections in Tijuana.
Faster and more efficient
Four Lincoln Financial Network Advisors Receive Prestigious 2017 Women’s Choice Award® | Business Wire
PHILADELPHIA–(BUSINESS WIRE)–Lincoln Financial Network (LFN), the retail wealth management affiliate
of Lincoln Financial Group (NYSE:LNC), announced today that four
registered representatives of LFN have been honored with the Women’s
Choice Award® for well-qualified advisors who are committed to
the women’s market and serving their female clients. Karen DeRose,
Charlotte Dougherty and Myra Slaybaugh are all members of Lincoln’s WISE
(Women Inspiring, Supporting, and Educating) Group, an organization
founded in 2015 to better support the unique needs of female financial
advisors and clients. John Bonnemort also received this year’s award.
“We are thrilled that the Women’s Choice Award has recognized the
outstanding achievements of John, Karen, Charlotte and Myra, including
their commitment to serving in the best interest of their clients and
addressing the unique financial needs of women and their families,” said
Nicole Spinelli, director of The WISE Group. “We are very proud to have
so many Lincoln Financial Network advisors included in this prestigious
group and acknowledged for their significant individual contributions.”
Created by WomenCertified Inc., the Women’s Choice Award is the only
recognition program for well-qualified advisors who are committed to the
women’s market and serving their female clients. Based on rigorous
research, 17 objective criteria and additional points of reference that
obtain feedback regarding the advisor’s service and practices, the award
identifies advisors who are committed to providing quality service and
commitment to their clients.
John R. Bonnemort II is a Private Wealth Advisor with Sagemark
Consulting Private Wealth Services, based in Salt Lake City, UT. With
over 15 years of financial services, banking and technology consulting
experience, Bonnemort provides cross-disciplinary fee-based financial
planning serving affluent families and successful business owners both
in the creation, distribution and transfer of wealth.
Karen DeRose, CFP©, CRPC©, is president and managing partner for the
DeRose Financial Planning Group, a firm she founded in 1996,
specializing in comprehensive financial to help her clients take their
financial planning to the next level. DeRose is the past chairman of The
Resource Group, comprised of the top 200 financial advisors at LFA and
is a member, and past chairman, of The WISE Group at Lincoln Financial
Network, an initiative aimed at supporting the unique needs of female
financial advisors and clients. DeRose is a member of the Financial
Planning Association of Chicago, the Executive Guild & BNI Wildfire
Chapter and a Collaborative Law Fellow with the Collaborative Law
Institute of Illinois.
Charlotte A. Dougherty, CFP®, is the president and founder of Dougherty
& Associates, specializing in meeting the financial and wealth
management needs of affluent professionals and business owners. A
CERTIFIED FINANCIAL PLANNER™ practitioner, Dougherty has more than 25
years’ experience in growing and protecting wealth and in creating
family and community legacies. She is a current member and was a
chairman of the investment committee of the board of directors of The
Resource Group, a prestigious group of leading financial planners within
LFA. She is a former member of the board of trustees of the St. Luke
Hospital Community Foundation and past chair of the Finance Committee
and the Planned Giving Committee.
Myra Slaybaugh is the founder and president of Phoenix Wealth Partners,
based in Arlington, TX. Slaybaugh has over 12 years of experience in
comprehensive planning and helps clients make wise financial choices
that align with their values and principles. A graduate of the United
States Military Academy, West Point, Slaybaugh proudly served in the US
Army as an Air Defense Artillery Officer for five years, attaining the
rank of Captain, before transitioning to financial services. She is a
CERTIFIED FINANCIAL PLANNER™ professional, a Chartered Financial
Consultant® designee, and a Chartered Leadership Fellow® designee.
About Lincoln Financial Network
Lincoln Financial Network is the marketing name for the retail sales and
financial planning affiliates of Lincoln Financial Group and includes
Lincoln Financial Advisors Corp. and Lincoln Financial Securities Corp.,
both members of FINRA and SIPC. Consisting of approximately 8,900
representatives, agents, and full-service financial planners throughout
the United States, Lincoln Financial Network professionals can offer
financial planning and advisory services, retirement services, life
products, annuities, investments, and trust services to affluent
individuals, business owners, and families. Lincoln Financial Group is
the marketing name for Lincoln National Corporation (LNC) and its
About The WISE Group
Lincoln Financial Network’s WISE Group aims to inspire, support and
educate female colleagues, clients and future advisors in the pursuit of
knowledge and services within the financial planning industry. WISE
assists women financial advisors in the growth and recognition of their
practice. This includes support and assistance to advance the technical
skills of women advisors, recruiting and developing new women advisors,
and providing insight into the female investor to increase financial
planning opportunities for all advisors, regardless of gender. The WISE
Group also promotes sharing ideas as well as collaboration with
financial planning, wealth and risk management to drive increased client
retention, dedicated focus on attracting and keeping women as clients
and advisors, practice expansion and networking, efficiencies in
practice management, and technical expertise.
Categories: Uncategorized Tags: business owners, collaborative law, financial advisors, financial group, financial network, lincoln financial, myra slaybaugh, network advisors, prestigious group, qualified advisors, resource group, united states, wise group
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(Vocus) October 19, 2010
The newest generation of the SMART Board interactive whiteboard will be available to students and educators in North America on November 29, 2010 and globally on January 30, 2011.
The SMART Board 800 series interactive whiteboard is the latest addition to SMART’s interactive whiteboard product line. The interactive whiteboard supports multiuser writing and common multitouch gestures currently recognized in Microsoft® Windows® 7 and Mac Snow Leopard®. SMART Notebook™ collaborative learning software will support certain features, such as freestyle interactions, touch gestures and full object awareness upon the release of SMART Notebook 10.7 software – expected by March 2011 – which will allow SMART Board 800 series users to take full advantage of gestures within SMART Notebook lesson activities.
SMART Notebook 10.7 will enable two students to work together on the same interactive lesson and perform different tasks at the same time anywhere on the whiteboard surface. Multitouch SMART Notebook lessons designed for the SMART Board 800 series allow for better teamwork among students and provides them with more hands-on time with the interactive whiteboard.
The SMART Board 800 series includes the models 880 and 880i, and the widescreen 885i and 885ix.
SMART’s own DViT™ (Digital Vision Touch) technology enables many of the features offered by the SMART Board 800 series whiteboard. DViT technology uses proprietary digital cameras and integrated software to recognize finger touch, stylus, pointer or other object input on the interactive whiteboard surface.
The SMART Board 800 series interactive whiteboard is the first touch-enabled front-projection interactive whiteboard to use DViT technology. More information on the SMART Board 800 series interactive whiteboard can be found at smarttech.com/SMARTBoard 800.
“As educators around the world continue to make interactive technology a part of their daily teaching and learning, they require easy-to-use tools that enhance the learning experience,” says Nancy Knowlton, SMART’s CEO. “The innovative and intuitive features of the SMART Board 800 series interactive whiteboard will help teachers make effective use of class time, engage in meaningful collaboration and motivate all types of learners.”
Pricing and availability
The SMART Board 800 series interactive whiteboard will be available in North America on November 29, 2010, and globally on January 30, 2011. The suggested education list price in the United States for the standard SMART Board 880 interactive whiteboard is US$1,999 and US$3,899 for the 880i interactive whiteboard system. The suggested education list price in the United States for the widescreen 885 model is US$2,419. The suggested education list price in the United States for the widescreen 885i interactive whiteboard system is US$4,399 and US$4,899 for the widescreen 885ix interactive whiteboard system. Prices outside the United States vary by country and may include applicable taxes, duties and import costs. Information on suggested education list price is available from local authorized SMART resellers. For purchasing information, specifications and a list of authorized SMART resellers, visit smarttech.com.
Certain information contained in this press release may constitute forward-looking information or statements. By their very nature, forward-looking information and statements involve inherent risks and uncertainties, both general and specific, and risks that predictions, forecasts, projections and other forward-looking information and statements will not be achieved. We caution readers not to place undue reliance on these statements as a number of important factors could cause the actual results to vary materially from the forward-looking information or statements. We do not assume responsibility for the accuracy and completeness of the forward-looking information or statements. Any forward-looking information and statements contained in this press release are expressly qualified by this cautionary statement.
© 2010 SMART Technologies. SMART Board, SMART Notebook, and the SMART logo are trademarks or registered trademarks of SMART Technologies in the U.S. and/or other countries. All third-party product and company names are for identification purposes only and may be trademarks of their respective owners.
Please note that SMART is written in all capital letters.
Categories: Uncategorized Tags: authorized smart, dvit technology, education list, interactive whiteboard, list price, series interactive, smart board, smart notebook, smart resellers, smart technologies, suggested education, united states, widescreen 885i
MOFFETT FIELD, Calif.–(BUSINESS WIRE)–Building on the success of their current relationship, Farmers®
Insurance and Airship Ventures, have agreed to extend their working
relationship to brand the Zeppelin Eureka as the Farmers Airship.
The agreement not only keeps the Farmers brand on the Zeppelin Eureka,
but also strengthens the role the world’s largest airship will play
as a Farmers Insurance ambassador across the country.
“A lot of people look at our brand on the airship and think ‘floating
billboard,’ but the response we’ve received proves it’s much more than
that,” commented Farmers Chief Marketing Officer, Kevin Kelso. “The
airship generates brand visibility for miles, but the true value of our
relationship lies in people’s affinity for the airship and the
experience of flying. It allows us to connect with the public and
integrate our brand in communities in a way we wouldn’t be able to
Community support is at the top of Farmers’ priorities when it comes to
the Farmers Airship. The first community airship-centered event under
the new agreement was held in San Diego and supported Farmers’ signature
charity, the March of Dimes. Farmers is the no. two fundraiser
nationwide for the March of Dimes. Farmers will leverage the Zeppelin
experience to raise even more funds in 2010 in support of healthy babies.
A series of flights above San Diego July 14-16 raised over $23,000 for
the March of Dimes. These flights were a precursor to Farmers’ largest
annual single-day March of Dimes fundraising effort, Be a Hero for
Babies Day® , taking place today. Acting as a beacon for the
charitable efforts taking place, the Farmers Airship is sailing above
Farmers’ Home Office in Los Angeles, the hub for nationwide fundraising
Since first taking to the skies in January, Farmers has integrated the
Farmers Airship in dozens of events like these, garnering international
media attention for the brand and its causes along the way. On its very
first outing earlier this year, the Farmers Airship exposed the brand to
millions around the globe, providing aerial footage to CBS-TV and acting
as the ultimate skybox for passengers above the Farmers Insurance Open
PGA Golf Tournament at Torrey Pines, Calif.
The Farmers Airship also soared above March for Babies events
across Southern California in April and May, enriching Farmers national
support for March of Dimes. The relationship has also yielded
opportunities to underscore Farmers’ “Ready Feels Good” message. Through
Airship Ventures, Farmers played a role in Operation Golden Guardian,
the State of California’s annual disaster drill, and the Farmers Airship
and the Farmers brand were also prominently featured in a 3-minute
segment on NBC’s Today Show.
“Farmers really gets what the Zeppelin is capable of in terms of
creating meaningful engagements with the public,” stated Airship
Ventures CEO Alexandra Hall. “Our working relationship isn’t just about
showing off a logo, it’s about using the airship as a way to interact
with people and develop valuable relationships. We’re thrilled to
continue our relationship with Farmers and create success for us both in
the coming years.”
About the Farmers Airship and Purchasing Tickets
Stretching 15-feet longer than a 747 and 50-feet longer than the largest
blimp, the Farmers Airship, the Zeppelin Eureka, is the world’s
largest airship. One of only two Zeppelins commercially flying in the
world, the airshipfeatures the largest logo ever used in
Farmers’ history. Larger than most homes, the decal is comprised of 697
sheets of vinyl totaling almost 4,850 square feet and measuring
approximately 185 feet long by 30 feet high on either side of the
Zeppelin. Farmers iconic blue and red shield measures 30 feet high by 50
feet wide, while the 17-foot tall letters spelling out the company name
stretch over 105 feet. The Farmers Airship offers passengers spectacular
360-degree views of the sights on flightseeing tours above Los Angeles,
San Francisco Bay, Silicon Valley, Monterey and San Diego. For more
information about the airship, or to view a detailed flight schedule and
purchase tickets, visit www.farmersairship.com,
or call 650-969-8100 x111.
About Airship Ventures, Inc.
Founded in 2007 in California, Airship Ventures, Inc., operates the only
passenger airship operation in the United States, featuring the Zeppelin Eureka,
the world’s largest airship. The Zeppelin’s spacious cabin comfortably
accommodates one pilot, one flight attendant, and 12 passengers, with
luxury features including oversized panoramic windows, an onboard
restroom with window, and a 180-degree rear observation window and “love
seat” that wraps the entire aft of the cabin. Using the inert gas helium
for lift, and vectored thrust engines for flight, Zeppelin NTs have been
flying in Germany and Japan since 1997 with an unparalleled safety
record. For more Airship Ventures news, follow the company on Facebook
About Farmers Insurance Group
“Farmers”, “Farmers Insurance Group” and “Farmers Insurance Group of
Companies” are federally registered service marks. Farmers Insurance
Exchange, Fire Insurance Exchange and Truck Insurance Exchange
(Exchanges) are inter-insurance exchanges owned by their policyholders
and organized under the laws of the State of California. The Exchanges,
directly or through their subsidiaries and affiliates, offer homeowners
insurance, auto insurance, commercial insurance, and financial services
throughout the United States. Farmers Group, Inc. (dba Farmers
Underwriters Association) (FGI) and its subsidiaries, Truck Underwriters
Association and Fire Underwriters Association, provide certain
administrative services for the Exchanges as the Exchanges’
attorneys-in-fact. FGI is a subsidiary of Zurich Financial Services Ltd.
The Exchanges do not hold an ownership interest in FGI, and FGI does not
hold an ownership interest in any of the Exchanges.
Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=6370449&lang=en
New Relic Announces Date of First Quarter Fiscal Year 2018 Financial Results Conference Call | Business Wire
that it will report its financial results for the first quarter ended
June 30, 2017 after market close on Thursday, August 3, 2017.
<p style="text-align: center">.
In conjunction with the conference call, an accompanying slide
presentation will also be made available on the investor relations page.
Following the completion of the call through 11:59 PM Eastern Time on
August 10, 2017, a telephone replay will be available by dialing (800)
585-8367 from the United States or (416) 621-4642 internationally with
conference ID 47077419.
About New Relic
New Relic is a leading digital intelligence
company, delivering full-stack visibility and analytics to over 40
percent of the Fortune 100. The New Relic Digital Intelligence Platform
provides actionable insights to drive digital business. Companies of all
sizes trust New Relic to monitor application and infrastructure
performance so they can quickly resolve issues, and improve digital
customer experiences. Learn more at .
New Relic is a registered trademark of New Relic, Inc.
Social Media Links:
Everyone wants to be rich. There is no doubt in this fact. To become rich, along with earning money, investing it appropriately is important too. With the right investments, your hard-earned money can grow leaps and bounds in a few years or sometimes, even in a couple of days!
How to Earn Money Through Investing?
Education is the best form of investment. So, if you do not have a college degree, get one. Choose a career which is of your interest and which the market predictions say will be very well-paying and in great demand in the future. Once you have zeroed in on a career, find out the education qualifications and degrees that are required to make a head start in it. After that, search for a good college and try your level best to get into it. This investment might take years to make any profits, but nevertheless, it will pay rich dividends, once you have the degree and a few years of experience in your chosen field.
Looking at the current state of this sector in the United States, no one would ever think of investing in real estate at the moment. However, real estate can be one of the best investments, if you have money to hold for a few years. In other words, real estate is a good long term investment. Reason being that the property prices have hit rock bottom at the moment. There are so many vacant properties available and there are not many buyers. This means that you can get a good deal for a land or a flat. If you purchase property at low prices today, hold it for a couple of years and then sell it off, when the market is looking up, it can turn out to be a very lucrative investment. If you want to invest in real estate internationally, India, Brazil and France are good options.
Certificates of Deposits (CDs)
If you do not like to take unnecessary risk with your money, then invest in a CD, as it is an absolutely safe investment. CDs are issued by a bank for a time period ranging between one year to five years. When this time period ends, you will get the principal amount as well as the fixed rate of interest earned on it. The only drawback of this investment is that you will not be able to take out the money, till the time period of the CD ends. Otherwise, it’s a safe investment with a reasonably well rate of interest.
Although, stock market is in doldrums at the moment, still if you follow some rules and choose the stocks carefully, you can make some good money out of it. When it comes to stock investing, diversification is the key. Invest in a wide range of companies and that too in different sectors. This will ensure that even if you suffer losses in one of your stocks, you can make up for it, by earning profits in some other! Technological firms, infrastructure firms, construction firms, fertilizer companies are doing well at the moment so you can invest in their stocks. Hiring the services of a professional portfolio manager is any day better than choosing stock investments yourself, unless and until you have been researching the market for years and have a very good idea of the same.
Another good investment is treasury bills. This investment can be held by you for up to a year, till the date of its maturity. To make profits from this investment, buy the treasury bills at a discount and later, sell them off at their face value when they mature.
Corporate bonds are issued by large companies to accumulate money, which they can further invest. The amount they earn from such investments is then distributed amongst the bond holders. The rate of interest for most corporate bonds is up to six percent per annum.
Besides these, you can invest in gold, mutual funds, government bonds and commodities as well. Research thoroughly before choosing any of these investment options. Also, timing the investment is very important if you want to reap maximum benefits. That’s why, it is advised that you hire the services of a professional, before putting your money in any of the above suggested investment options.
Global Smartphone Apps Market to Reach US$101.2 Billion by the year 2017, According to New Report by Global Industry Analysts, Inc.
San Jose, CA (PRWEB) October 05, 2011
Follow us on LinkedIn – Smartphone Apps, short for applications, have quickly transformed from a niche market to a mainstream force that is changing the way consumers receive information, media and entertainment. The growing importance of apps can be put into perspective by the fact that in the year 2010 the mobile app design industry was touted as one of the best in terms of harboring lucrative prospects for enterprising entrepreneurs. A true barometer of the success of smartphone apps is the rate of smartphone handset penetration. The smartphone apps market is expected to feel the trickling down effect of the sanguine business climate permeating the market for smartphones. Smartphone vendors are rapidly developing their App development skills earmarking resources for dedicated app development departments within their organizations. This is primarily because apps are turning out to be a key revenue generator for vendors and their wireless carrier partners. Commoditization of the smartphone industry will continue through 2017, with average selling prices falling drastically every year. Progress in 3G telecom networks arena, rapid transition from traditional mobile phones devices to smartphones, diverse range of mobile digital services and competitive rate plans is poised to help smartphone devices break new grounds, and smartphone apps is all set to emerge into the greatest beneficiary of this evolving state of affairs. Given the fact that market fortunes for smartphone apps is closely tied to the prevailing market conditions in the smartphones market, the recession resilient sales of smartphones worldwide has positively benefited the smartphone apps market.
Smartphone app downloads has become an international trend driven by the fact that more people globally are increasingly familiar with smartphone functionality. Mobile entertainment in the form of smartphone apps is a major driver sprucing up sales of new, technology superior handsets, which leverage data networks to transmit location based services, games, and productivity apps. The average level of spending on apps is also significantly low ranging between US$0.99 and $25, which enables customers to download apps even during frugal economic environment. Also, the value offered by entertainment during weak economic times is typically higher, since people tend to seek out diversion as an option to ease the pressures of an increasingly tough economy on their lives. The willingness of core users to download apps even in the midst of recession fuelled the fortunes of smartphone apps industry, giving it a better chance of success than any other business relying on discretionary spending. In 2010, smartphone app downloads witnessed an accelerated growth, when compared to downloads in 2009. Rapid increase in the sales of smartphones, coupled with an explosion of app stores resulted in the overwhelming increase in smartphone app downloads. The iPhone continued to be the leading app platform while Android platform also gained tremendous popularity among app developers in 2010.
Presently, the adoption of smartphone apps is patchy in different parts of the globe. The uptake is more pronounced in developed markets such as United States, and Western Europe, while in other developing markets roll out of apps is less picturesque than contemplated. As stated by the new market research report, Europe and United States accounts for a major share of the global smartphone apps market. Also, the average selling price (ASP) per application is highest in the North American region, followed by Europe, when compared to other regions in the world. The current generation of mobile phone users demand a medley of software capabilities, such as, games apps, business oriented applications, communication & social networking apps, and entertainment apps. Gaming Applications are the most popular type of apps, followed by entertainment apps, maps, weather and news, productivity and banking, and social networking apps.
Major players in the global marketplace include Appia, AppCity, Apple Inc, GetJar, Google Inc, Handmark Inc, MobiHand Inc, Nokia Corporation, Research In Motion, Samsung Electronics Co Ltd., among others.
The research report titled “Smartphone Apps: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections (in US$ Millions) for major geographic markets including the United States, Canada, Japan, Europe, Asia-Pacific, Latin America, and Rest of World. Product segments analyzed include – Gaming Apps, Entertainment Apps, Wellness & Everyday Apps, Money Management & Productivity Apps, and Other Apps.
For more details about this comprehensive market research report, please visit –
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.
Follow us on LinkedIn
Global Industry Analysts, Inc.
Web Site: http://www.StrategyR.com/
Categories: Uncategorized Tags: app development, app downloads, apps market, entertainment apps, global industry, industry analysts, market research, research report, smartphone app, smartphone apps, social networking, united states
Teva to Host Conference Call and Webcast to Provide Preliminary Outlook for 2016-2019 | Business Wire
JERUSALEM–(BUSINESS WIRE)–Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) announced
today that it will host a conference call and webcast for the investment
community on Wednesday, July 13, 2016 at 8:00 a.m. ET to communicate its
preliminary non-GAAP financial results for the quarter ended June 30,
2016. The Company will also provide its preliminary non-GAAP financial
outlook for the years 2016 – 2019, which will include its pending
acquisition of the Actavis Generics business that is awaiting FTC
On the conference call and webcast, the Company will communicate that it
now expects revenues for the second quarter of 2016 to be $4.9 – $5.0
billion compared to its previous guidance of $4.8 – $4.9 billion, while
non-GAAP EPS for the quarter is now expected to be $1.19 – $1.22
compared to the previous guided range of $1.16 – $1.20 based on a fully
diluted weighted average number of shares of 980 million. Cash flow from
operating activities is now expected to be $1.0 – $1.1 billion compared
to $1.2 – $1.3 billion.
In order to participate, please dial the following numbers (at least 10
minutes before the scheduled start time): United States 1-866-254-0808;
Canada 1-866-607-2172 or International +44(0) 1452-541003; passcode:
46404463. For a list of other international toll-free numbers, click here.
A live webcast of the call will also be available on Teva’s website at: www.ir.tevapharm.com.
Please log in at least 10 minutes prior to the conference call in order
to download the applicable audio software.
Following the conclusion of the call, a replay of the webcast will be
available within 24 hours on the Company’s website. The replay can also
be accessed until August 8, 2016, 9:00 a.m. ET by calling United States
1-866-247-4222; Canada 1-866-878-9237 or International +44(0)
1452-550000; passcode: 46404463.
Teva Pharmaceutical Industries Ltd. (NYSE and TASE: TEVA) is a leading
global pharmaceutical company that delivers high-quality,
patient-centric healthcare solutions used by millions of patients every
day. Headquartered in Israel, Teva is the world’s largest generic
medicines producer, leveraging its portfolio of more than 1,000
molecules to produce a wide range of generic products in nearly every
therapeutic area. In specialty medicines, Teva has a world-leading
position in innovative treatments for disorders of the central nervous
system, including pain, as well as a strong portfolio of respiratory
products. Teva integrates its generics and specialty capabilities in its
global research and development division to create new ways of
addressing unmet patient needs by combining drug development
capabilities with devices, services and technologies. Teva’s net
revenues in 2015 amounted to $19.7 billion. For more information, visit www.tevapharm.com.
Teva’s Safe Harbor Statement under the U. S. Private Securities
Litigation Reform Act of 1995:
This release contains forward-looking statements, which are based on
management’s current beliefs and expectations and involve a number of
known and unknown risks and uncertainties that could cause our future
results, performance or achievements to differ significantly from the
results, performance or achievements expressed or implied by such
forward-looking statements. Important factors that could cause or
contribute to such differences include risks relating to: our ability to
develop and commercialize additional pharmaceutical products;
competition for our specialty products, especially Copaxone® (which
faces competition from orally-administered alternatives and a generic
version); our ability to consummate the acquisition of Allergan plc’s
worldwide generic pharmaceuticals business (“Actavis Generics”) and to
realize the anticipated benefits of such acquisition (and the timing of
realizing such benefits); the fact that following the consummation of
the Actavis Generics acquisition, we will be dependent to a much larger
extent than previously on our generic pharmaceutical business; potential
restrictions on our ability to engage in additional transactions or
incur additional indebtedness as a result of the substantial amount of
debt we will incur to finance the Actavis Generics acquisition; the fact
that for a period of time following the consummation of the Actavis
Generics acquisition, we will have significantly less cash on hand than
previously, which could adversely affect our ability to grow; the
possibility of material fines, penalties and other sanctions and other
adverse consequences arising out of our ongoing FCPA investigations and
related matters; our ability to achieve expected results from
investments in our pipeline of specialty and other products; our ability
to identify and successfully bid for suitable acquisition targets or
licensing opportunities, or to consummate and integrate acquisitions;
the extent to which any manufacturing or quality control problems damage
our reputation for quality production and require costly remediation;
increased government scrutiny in both the U.S. and Europe of our patent
settlement agreements; our exposure to currency fluctuations and
restrictions as well as credit risks; the effectiveness of our patents,
confidentiality agreements and other measures to protect the
intellectual property rights of our specialty medicines; the effects of
reforms in healthcare regulation and pharmaceutical pricing,
reimbursement and coverage; competition for our generic products, both
from other pharmaceutical companies and as a result of increased
governmental pricing pressures; governmental investigations into sales
and marketing practices, particularly for our specialty pharmaceutical
products; adverse effects of political or economic instability, major
hostilities or acts of terrorism on our significant worldwide
operations; interruptions in our supply chain or problems with internal
or third-party information technology systems that adversely affect our
complex manufacturing processes; significant disruptions of our
information technology systems or breaches of our data security;
competition for our specialty pharmaceutical businesses from companies
with greater resources and capabilities; the impact of continuing
consolidation of our distributors and customers; decreased opportunities
to obtain U.S. market exclusivity for significant new generic products;
potential liability in the U.S., Europe and other markets for sales of
generic products prior to a final resolution of outstanding patent
litigation; our potential exposure to product liability claims that are
not covered by insurance; any failure to recruit or retain key
personnel, or to attract additional executive and managerial talent; any
failures to comply with complex Medicare and Medicaid reporting and
payment obligations; significant impairment charges relating to
intangible assets, goodwill and property, plant and equipment; the
effects of increased leverage and our resulting reliance on access to
the capital markets; potentially significant increases in tax
liabilities; the effect on our overall effective tax rate of the
termination or expiration of governmental programs or tax benefits, or
of a change in our business; variations in patent laws that may
adversely affect our ability to manufacture our products in the most
efficient manner; environmental risks; and other factors that are
discussed in our Annual Report on Form 20-F for the year ended December
31, 2015 and in our other filings with the U.S. Securities and Exchange
Commission (the “SEC”). Forward-looking statements speak only as of the
date on which they are made and we assume no obligation to update or
revise any forward-looking statements or other information, whether as a
result of new information, future events or otherwise.
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The preliminary expected range for forward-looking non-GAAP EPS
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(and the corresponding tax effects thereof).
Ed Miliband has stated that the Labour Party of which he is the new leader after Gordon Brown should not take the blame for the substantial debt mountain that Great Britain currently enjoys.
It makes you wonder who he thinks is actually to blame then?
It was his very own party who were in government from 1997 to 2010 some 13 years with their hands on the tiller. Surely they have to take most, if not all, of the blame?
I do not accept that all of the UK’s economic problems are to be blamed on the United States or the Global Recession.
It seems to me then that Ed Miliband is in state of denial unable to acknowledge that Gordon Brown as Chancellor locked Britain into a housing boom which ended in a crash due to a lack of proper financial supervision and a light touch on city regulation..
What is it that Gordon Brown said on regulation “The better and in my opinion the correct model of regulation – the risk based approach is no inspection without justification, no form filling with out justification and no information requirements with out justification not just a light touch but a limited touch”.. Well there you have it, basically, he was clueless!
How can Ed Miliband argue that the UK banking failure is not a direct result of his predecessor and therefore his very own policital party?
It does make you wonder where Gordon Brown was during the 1973/74 banking crisis (again caused by a property boom) when banks such as London & County and Cannon Street Investments were in difficulty. Surely he must have heard about this as Jeremy Thorpe the liberal politician was a director of London & County Securities?
In those times the Government did not panic as Brown and the Labour Party did they stood their ground, no banks were nationalised, the Bank of England merely provided management and a life boat to those in need and after a few years every thing returned to normal.
For how many years was it of Gordon Brown’s chancellorship that we heard those golden words “Mr Deputy speaker I have said before and I say again No Return to Boom and Bust”.
Of course the Global recession is a contributory factor but not exclusively as the Labour Government with Gordon Brown as Chancellor of the Exchequer from 1997 to when he became Prime Minister in 2007 have a lot to answer. Quite simply in the good years they failed to build up the Granary.
Ed Miliband has said that the Increase in VAT is the wrong tax at the right time I have to beg the obvious question is he actually the wrong man at the wrong time.
There is no doubt that Ed Miliband is an absolute political opportunist. He was, was he not, a member of the Labour Cabinet that according to Lord Mandelson’s memoirs wanted to raise Value Added Tax. Not on one occasion but actually twice once in November 2009 and again in March 2010. This obviously goes a very long way to make Ed Miliband’s attack on the VAT rise look some what less than cautious. These proposed increases were vetoed by the then Prime Minister Gordon Brown. The question has to be asked were these at that point of time tax increases that were correct. I do not think that Ed Miliband would know his brother David however might.