SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jim McMannis who wrote (45313)1/26/2006 4:44:42 PM
From: shades  Respond to of 116555
 
Doing a heckuva job

DJ FDA: 'Serious' Problems From Boston Scientific Inspections

.

By Jennifer Corbett Dooren

Of DOW JONES NEWSWIRES


WASHINGTON (Dow Jones)--The Food and Drug Administration said inspections at three Boston Scientific Corp. (BSX) manufacturing plants revealed "serious regulatory" problems.

The FDA sent a warning letter dated Jan. 25 to the company and posted it Thursday on the FDA's Web site.

The manufacturing plants are used to make the company's Taxus drug-eluting stent and other products. The problems were uncovered during inspections that ranged from July through September at the company's Natick, Mass; Spencer, Ind.; and Maple Grove, Minn. plants.



To: Jim McMannis who wrote (45313)1/26/2006 4:45:51 PM
From: shades  Respond to of 116555
 
I bet el mat is happy:

DJ Brazil Stks Close At Record High After Fin Min Testimony-2

.

Blue chips were higher.

Brazilian mining giant Companhia Vale do Rio Doce (RIO), or CVRD, increased 1.08% to BRL96.21. Early Thursday, the CVRD board announced a capital expenditure budget of $4.6 billion for 2006 and set a minimum shareholder dividend of $1.3 billion for this year.

Traditional volume leader Telemar (TNE), Brazil's largest phone company, rose 0.32% at BRL40.58.

However, shares in Petrobras (PBR) didn't follow the market trend, falling 0.11% to BRL45.50, after Bolivia's new hydrocarbons minister Andres Soliz Rada was reported as saying that foreign companies could no longer register Bolivian reserves as their own. Spanish-Argentine energy firm Repsol YPF (RPF) said it was cutting its hydrocarbon estimates by 25% on the announcement but Petrobras will be less affected because only 4% of Petrobras' oil and gas reserves are in Bolivia, analysts said.

Shares in Brazil's no-frills airline Gol Linhas Aereas (GOL) rallied sharply, closing up 8.07% at BRL65.60 on continued positive news about the company's growth. The young airline has already reached the break-even point on operational costs for its new routes in South America, company President Constantino de Oliveira Junior said in a conference call with investors Thursday.

Brazilian stocks in local aircraft maker Embraer (ERJ) slid, closing 1.09% lower at BRL22.60 following news that a storm had damaged its main production site in Sao Jose dos Campos. A storm with winds of up to about 60 miles per hour damaged three hangars and injured 20 employees.



To: Jim McMannis who wrote (45313)1/26/2006 4:46:46 PM
From: shades  Read Replies (1) | Respond to of 116555
 
J Cisco: Co. To Expand By Integration of Tech, Use By Govts

.

NEW YORK (Dow Jones)--Cisco Systems Inc. (CSCO) Chief Executive John Chambers hopes to expand the company through integrating voice, data and video technologies and by incorporating their products in not just businesses, but governments.

"The opportunity in front of us is that technology can enable government or business strategy," Chambers said in an interview on CNBC Thursday. "That's a change in philosophy from three or four years go - it was the exceptional government leader who said 'I'm going to use technology to enable my strategy for my citizens.'"

I agree - MORE direct voting - LESS representative gubbment - hehe

He said time will tell if the network becomes the platform, but he hopes it will.

As far as his company's acquisitions, he said they will help the company integrate a variety of technologies.

"What Scientific-Atlanta Inc. (SFA) [deal] allowed us to do is they are the experts in video, it's probably, even though it's a $7 billion price tag, one of the safest moves we've made," "Linksys takes us into the home with devices. What we're doing isn't just playing in the consumer or the service provider environment or the enterprise or commercial, we're uniting them together over common architecture, common security.