Bayer representative pharmacy profit fell by a fifth, buys U.S. manufacturer of vitamins Schiff

German pharmaceutical and chemical company AG buys U.S. manufacturer of vitamins and nutritional supplements Schiff Nutrition International Inc.. $ 1.2 billion. The company simultaneously announced that its net profit in the third quarter due to extraordinary items fell by 17.8 percent to 528 million euros.

New acquisitions to strengthen our activities in the non prescription drugs that are very unstable business. Many pharmaceutical companies are looking to expand its range of products that are not prescribed. This area is less profitable, but prescription drugs are high-risk categories, especially if awry clinical trials of new drugs or drug patent protection ends.

offers Schiff per share $ 34, which compared to Friday’s closing price of shares on the stock exchange in a profit of 47 percent. The transaction should be completed later this year.

Bayer Revenues in the quarter rose by 11.4 percent to 9.665 billion euros. Refined EBITDA rose by 2.2 percent to € 1.85 billion, which was roughly in line with analysts’ estimates. Growth division of prescription drugs compared to weaker performance in the plastics division.

The company was forced in the third quarter accounted for including € 205 million due to a dispute associated with contraceptive Yasmin, or Yaz, which has lead to blood clots. Due to the restructuring of the company recorded exceptional costs 134 million euros, penned by AP and Reuters.

is the largest German producer of medicines, known among other things due to aspirin. However, it also produces equipment for weed, chemicals and plastics.
The company is the second largest producer of plastics in the world and the second largest agrochemical company. MaterialScience division is the world’s largest manufacturer of padding and insulation foams and plastics used in the manufacture of sports goggles, DVDs and automotive lighting.


Bayer representative pharmacy profit fell by a fifth, will buy U.S. vitamin manufacturer Schiff

German pharmaceutical and chemical company AG buys U.S. manufacturer of vitamins and nutritional supplements Schiff Nutrition International Inc.. $ 1.2 billion. The company simultaneously announced that its net profit in the third quarter due to extraordinary items fell by 17.8 percent to 528 million euros.

New acquisitions to strengthen our activities in the non prescription drugs that are very unstable business. Many pharmaceutical companies are looking to expand its range of products that are not prescribed. This area is less profitable, but prescription drugs are high-risk categories, especially if awry clinical trials of new drugs or drug patent protection ends.

offers Schiff per share $ 34, which compared to Friday’s closing price of shares on the stock exchange in a profit of 47 percent. The transaction should be completed later this year.

Bayer Revenues in the quarter rose by 11.4 percent to 9.665 billion euros. Refined EBITDA rose by 2.2 percent to € 1.85 billion, which was roughly in line with analysts’ estimates. Growth division of prescription drugs compared to weaker performance in the plastics division.

The company was forced in the third quarter accounted for including € 205 million due to a dispute associated with contraceptive Yasmin, or Yaz, which has lead to blood clots. Due to the restructuring of the company recorded exceptional costs 134 million euros, penned by AP and Reuters.

is the largest German producer of medicines, known among other things due to aspirin. However, it also produces equipment for weed, chemicals and plastics.
The company is the second largest producer of plastics in the world and the second largest agrochemical company. MaterialScience division is the world’s largest manufacturer of padding and insulation foams and plastics used in the manufacture of sports goggles, DVDs and automotive lighting.


Manufacturer of Apple products including child labor

<- First paragraph ->

Manual Foxconn has issued a statement, which said: “We recognize that we have the full responsibility for what happened and ask for forgiveness. All employees involved in the incident will be dismissed.” It is reported that Foxconn employees are not rechecked their age is sent during the school holidays to work on the undergraduate programs of the east, in the city of Yantai.

its part nonprofit advocacy group China Labor Watch said that Foxconn just did not check the documents teenagers. “Underage workers are often sent to practice in Foxconn still in school, but the employer has not reviewed the documents. Schools are responsible for such practices, should also be punished,” – said in the China Labor Watch. Besides human rights groups say that in some schools sold fake IDs, which has been deliberately exaggerated the age of employees, writes Somments.ua.

Earlier

Western rights groups have repeatedly accused Foxconn in poor conditions for workers, and the use of child labor. Now factories Foxconn assembles smartphones and tablets on the request of Apple, but also collected and computers commissioned by Microsoft, Hewlett-Packard and others.

See also: Apple Factory angry workers smashed

analysts believe that Chinese manufacturers have to use such practices in order to remain competitive, because the standard of living in China is gradually increasing, and with it grows and wages. To reduce the cost of salaries, assemblers use less skilled workers and minors.

As written

PRAVDA.Ru, last month Foxconn repeatedly faced with the mass brawl in its factories and even temporarily shut down one of them. According to media reports, in the latest clash involved two people, of whom 40 received injuries of varying severity.


Pravda.Ru – The World

Lenovo has won first place in the PC market / / Chinese manufacturer overtook Hewlett-Packard

In the third quarter of the Chinese company Lenovo has overtaken the previous leader Hewlett-Packard Sales of personal computers. Lenovo market share amounted to 15,7%, HP – 15,5%.

According to market research released Wednesday by Gartner, the first time since 2006, HP lost leadership in the PC market . It overtook Lenovo, whose share in the market in the third quarter was 15.7%, while HP – 15,5%. Third place still holds Dell.
On the whole sales of personal computers are falling. According to the Gartner, in the third quarter fell by 8.3% compared to the same period last year and amounted to 87.5 million in U.S. sales fell by 13.8%, in Europe – by 8.7%, in Asia – by 5.6%. Forecast to IHS iSuppli, this year for the first time in the last 11 years, sales of personal computers will fall. Expected drop in sales by 1%, to 349 million main cause of falling sales of personal computers experts believe the increasing distribution of smartphones and tablets. Earlier this year, PC makers had hoped that the creation of new lightweight laptops, called ultrabooks, increase sales. But they could not compete with the increasingly popular smartphones and tablets.
Lenovo – one of the largest manufacturers of personal computers, shown in the third quarter of sales growth – at 9.8%, up to 13 8 million is an estimate of the results in the coming weeks, the company must produce a report for the third quarter. Β«Lenovo wins thanks to some improvements made to it, and also because of the relatively high level of penetration in new markets that are superior to the developed markets,” – commented Brent Breyslin result, expert Pacific Crest Securities. “This is not only Lenovo, is part of a larger trend in the consumer electronics market. We are going to strengthen its penetration in all major markets of the world, “- said in Lenovo.
The head of John Yuantsin in August, said that Lenovo is going to shift from personal computers mobile devices. “Preservation of leadership in the global PC market, of course, remains one of the aspirations of Lenovo, but it is only a milestone in our development as a company,” – he said today.
Lenovo shares rose on the Hong Kong Exchange at 1,3%.

British arms manufacturer BAE Systems and European concern EADS rejected the idea of ​​a merger.

Quote.rbc.ru 10.10.2012 16:17

British arms manufacturer BAE Systems and the Franco-German aerospace and defense concern EADS (the parent company of aircraft manufacturer Airbus) ceased merger talks that could lead to the establishment of the absolute global leader in terms of sales. According to a release from BAE Systems, the deal fell through because the companies could not agree on the terms with government shareholders.

takeovers BAE Systems and EADS initially encountered difficulties because of political opposition from the governments of Great Britain, Germany and France. The French government owns a 15% stake in EADS, and the German government has an impact on the business group through the company Daimler, which owns 22.5% in EADS.

BAE Systems was privatized in 1980, but the British government has the right to veto the potential merger of the company.

Chinese electronics manufacturer Lenovo in 2013, production in the U.S. will

plant in Whitsett, North Carolina will produce computers brand range Think, as well as tablets and servers for the U.S. market, the company said.

Lenovo did not specify the amount of investment in new production, however, said that the local market will create 115 jobs.

Β«Lenovo opens production in the U.S., as it believes in the long term development of the U.S. PC market and its opportunities in this market,” – said Lenovo CEO Yang Yuantsin (Yang Yuanqing).

According to him, over the past two years, Lenovo has invested in new plants and joint ventures in the key for themselves in China and Brazil. Construction of the plant in the U.S. for the production of computers and mobile devices continues to this strategy.


Shares

Lenovo – the second largest PC manufacturer in the world after HP-rose 1% in trading on the Hong Kong Stock Exchange. Net profit of the manufacturer in the first quarter of fiscal year 2012-2013, which ended June 30 amounted to 141 million, a 30% increase over the previous fiscal year, according to RIA Novosti.


Novosti@Mail.Ru: Economy

Blackberry manufacturer announced a loss of $ 235 million in the second quarter of 2012

Newcastle (UK), September 28 – Prime. Finnish company Nokia may face backlash buyers for a premium price of a new flagship smartphone Lumia 920, which will affect the sales of the device, according to analysts polled by Reuters

Novosti@Mail.Ru: Economy

Blackberry manufacturer announced a loss of $ 235 million in the second quarter of 2012

Newcastle (UK), September 28 – Prime. Finnish company Nokia may face backlash buyers for a premium price of a new flagship smartphone Lumia 920, which will affect the sales of the device, according to analysts polled by Reuters

Novosti@Mail.Ru: Economy

Gennady Timchenko diluted “Akvaniku” / / Manufacturer of drinking water comes from lead Coca-Cola

Develop project fund Volga Resources Gennady Timchenko, the production of drinking water, “Russian Time” (brand “Akvanika”) will come from Coca-Cola. As the “Y”, the general director of “Russian Time” became Vladislav Glagolevskij, spent nine years in the Russian subsidiary of the American corporation. In August, for the post of chief operating officer, was invited Alexander Kapanina Ukrainian office of Coca-Cola.


That Vladislav Glagolevskij appointed CEO “Russian Time”, “b” described in the fund Volga Resources. In this role, he was succeeded by the former head of the network “Lenta”, Chairman of the Board of Directors of “The Seventh Continent” Vladimir Senkina. As explained spokesman Anton Kurevin Gennady Timchenko, Vladimir Senkin left the company “for personal reasons not related to the business.” According to him, the personnel changes in the “Russian time” does not mean the change is selected by the course. “The new CEO will continue to implement previously developed plans and programs for the development of the company,” – he said. According to Mr Kurevin confirm this and objectives set by the shareholders before Vladislav Glagolevskij: integration business through organic growth as well as increasing competitiveness and strengthening the company’s position in the market.
OOO “Russian Time” – a company created under the project for the production of non-alcoholic beverages under federal brand “Akvanika” Gennady Timchenko. 100% of the “Russian Time” owned fund Volga Resources. To date, the market displays four brands: two for drinking water and Aquanika “Murom source” and one for soda “Ministry of soda” and juice drinks Winx Club. The company owns a factory in Nizhny Novgorod capacity of 1 billion liters of water and drink a year. Financial results were not disclosed. According to market participants, the company’s turnover in 2011 could be worth $ 50-60 million
Vladislav Glagolevskij spent nine years in the Russian subsidiary of Coca-Cola Hellenic. Last year Mr. Glagolevskij served as Deputy Managing Director of the holding “United Confectioners”, being a member of the presidential program of management training. He was the second came from Coca-Cola, who came to work in the “Russian time.” According to the “Y”, in August, the position of chief operating officer was Alexander Kapanina of Coca-Cola Ukraine.
According to experts, to invite people from the top post of multinational corporations has become common practice in the majority of Russian companies. “We invite people who have the experience, and it is obvious that the best experience for today you can get it in western companies – says the founder and CEO of Superjob Alexei Zakharov. – In addition, many inspired by the experience of” Wimm-Bill-Dann, “which in once offered a job by Tony Mayer of Coca-Cola and other natives of the transnational structures to manage the business, and the company was sold for a record sum for the Russian market (in 2011, “Wimm-Bill-Dann” was sold to PepsiCo for $ 6 billion – “b” ) “.
Market participants believe that the choice of the “Russian time,” the CEO of Coca-Cola is justified by the fact that when entering the market, the company said on its ambitious plans to compete with the Aqua Minerale ( available PepsiCo) and BonAqua (Coca-Cola). In particular, the maximum amount for the coming years should be up to 500 million liters per year (see “Kommersant” on 13 January 2011). According to Euromonitor, in 2010, retail sales of Aqua Minerale and BonAqua were 501.9 million liters and 321.1 million liters, respectively.
In Coca-Cola said yesterday that “excited about the Russian market of any new strong player” in PepsiCo declined to comment.

Svetlana Mentyukova Oleg Trutnev

Korean Air can establish control over the aircraft manufacturer

IA RUSKOR

This step is to create a single company, as the flagship of the airline looking for ways to build their own aircraft, as part of the company strategy. “We will make a preliminary bid,” the representative said on condition of anonymity. But he warned that the company will not buy a 41.75 percent stake in KAI, if the price is too high.

This is a partial text news. Read more on the website IA RUSKOR

Finance – Rambler-News