Kao Brands gets name change
CINCINNATI — The maker of such brands as John Frieda and Jergens is getting a name makeover.
Kao Brands said it will be called Kao USA, effective Jan. 1, 2012, to reflect its repositioning effort by parent company Kao Corp.
In line with the name change, Kao’s beauty care subsidiaries in North America and Europe will operate as unified organizations in the major countries in which they operate.
"The alignment with Kao’s beauty care business will provide us with an opportunity to better harness Kao’s global scale and resources for the benefit of consumers and customers in the North American and European markets," Kao Brands president and CEO Bill Gentner said. "It will also provide more career opportunities for people both locally and internationally."
No comments found
Sales, profits increase for Dr. Reddy’s in Q2
HYDERABAD, India — Dr. Reddy’s Labs reported sales of $462 million for second quarter 2012 and $866 million for the first half of the fiscal year, according to an earnings statement released Tuesday.
The Indian generic drug maker said the second-quarter sales represented a 21% increase over second quarter 2011. Sales from global generics were $329 million for the quarter, an 18% increase over second quarter 2011, driven mostly by growth in North America and Russia.
Profits for the quarter were $63 million, a 7% increase over second quarter 2011.
Other highlights during the quarter included 28 new generic product launches and 17 regulatory filings, as well as the Food and Drug Administration’s approval of its generic version of Eli Lilly’s schizophrenia and bipolar disorder drug Zyprexa (olanzapine).
Zyprexa issues continue PTSD treatment for Veterans found ineffective. Eli Lilly Zyprexa Olanzapine. The use of powerful antipsychotic drugs has increased in children as young as three years old. Weight gain, increases in triglyceride levels and associated risks for diabetes and cardiovascular disease. The average weight gain (adults) over the 12 week study period was the highest for Zyprexa—17 pounds. You’d be hard pressed to gain that kind of weight sport-eating your way through the holidays.One in 145 adults died in clinical trials of those taking the antipsychotic drug Zyprexa. This was Lilly's # 1 product over $ 4 billion per year sales,moreover Lilly also make billions on drugs that treat the diabetes often that has been caused by the zyprexa! --- Daniel Haszard Zyprexa victim activist and patient who got diabetes from it. http://www.zyprexa-victims.com
Supervalu, Save-A-Lot reiterate commitment to combating food deserts
CHICAGO — As part of its continued agreement with the Partnership for a Healthier America, Supervalu announced that it is on track to eliminate food deserts nationwide.
At an event held Tuesday that included such attendees as first lady Michelle Obama and Chicago mayor Rahm Emanuel, Supervalu announced that its wholly owned subsidiary Save-A-Lot will open a new store in Chicago’s Lawndale neighborhood at the end of November in order to position the area as a food oasis.
Supervalu previously announced plans to open 250 new Save-A-Lot stores in areas across the United States where there is limited or no access to affordable, healthy, fresh foods. Since then, the company has opened 14 new Save-A-Lot stores in food deserts throughout the country. Based on U.S. Department of Agriculture guidelines, Save-A-Lot currently operates more than 400 of its nearly 1,300 stores in areas that otherwise would be recognized as being in or near a food desert, the company said.
"Supervalu and its network of stores, including our Save-A-Lot subsidiary, are committed to bringing healthy, affordable food offerings to customers here in Chicago and throughout the United States," Supervalu president and CEO Craig Herkert said. "We appreciate the tremendous leadership shown by first lady Michelle Obama and mayor Emanuel to address this important issue.
"In addition to food access and affordability, we are taking steps to help consumers make the best food choices possible for themselves and their families," Herkert said. "According to research, nearly 80 percent of customers say they need help and advice around planning, shopping, cooking and preparing food. As a leading grocery retailer, we’re ideally positioned to help them by providing the programs, resources and tools they need to achieve a healthy diet."
No comments found