Jul
25A retirement account allows for the tax-free accumulation of savings inside of an investment account. Inheriting retirement accounts from a loved one allows you to carry on your relative’s legacy. You may also use this money for any purpose, including funding your own retirement plan. Certain retirement plans allow you to retitle the investment account if you’re the spouse of the deceased.
Jul
25Dyax Corp. and Kadmon Corporation, LLC announced today that Dyax has granted Kadmon a non-exclusive license to Dyax’s proprietary “gold-standard” antibody phage display libraries for the discovery and development of therapeutic antibodies. Dyax’s human antibody phage libraries combine gene fragments from human donors with strategically designed synthetic DNA, and are used to identify high-affinity human antibodies that bind to numerous therapeutic targets, including cell surface proteins such as tumor cell markers, viral antigens, enzymes and glycoproteins.
Samuel D.
Jul
24Watson Pharmaceuticals, Inc. today reported net revenue of $1.1 billion for the second quarter ended June 30, 2011, an increase of 24 percent when compared to $875.3 million in the second quarter 2010. On a non-GAAP basis, net income for the second quarter 2011 increased 24 percent to $127.9 million or $1.01 per share, compared to $102.8 million or $0.83 per share in the second quarter 2010. GAAP diluted earnings per share for the second quarter 2011 were $0.42, compared to $0.57 in the prior year period. Watson’s results for the second quarter include the results of Specifar Pharmaceuticals since its acquisition on May 25, 2011. Read more…
Jul
23Figuring take-home pay on a yearly salary requires determining the correct percentages for a given income level, then deducting these percentages from the yearly income amount. Some deductions are mandatory like federal, state, Social Security and Medicare taxes. Tax rates change depending on the income level a person receives in a year.
Determine the gross salary amount.
Jul
23“In Guatemala, USAID received basically the same level of funding, about $14 million, over the past two years, and just over $16 million for FY 2011. Cuts are likely ahead, given Washington’s budget crisis,” the publication reports, adding that nutrition effortshave also receivedabout $25 million annually over the last two yearsfrom President Barack Obama’s global food security initiative.
The article describes U.S.-funded programs aimed at reducing chronic malnutrition, such as a “training process for ‘mother leaders’ in the community. A liaison between health care workers and indigenous mothers, they teach women how to cook high-protein plants within their reach” .
Jul
21Chronic pain is not managed well in the general population and it’s an even greater challenge for homeless people, according to new research by St. Michael’s Hospital.
Twenty-five per cent of Canadians say they have continuous or intermittent chronic pain lasting six months or more. The number is likely to be even higher among homeless people, in part due to frequent injuries.
Of the 152 residents of homeless shelters with chronic pain studied by Dr. Stephen Hwang, more than one-third had Chronic Pain Grade IV, the highest level, indicating high intensity and high disability.
Almost half the participants reported using street drugs to treat their pain and 29 per cent used alcohol, said Dr.
Jul
21Diversifying your stocks helps spread your investments around, helping insulate your money from sudden drops in one area of the market. One industry or sector in a market may experience negative stock growth while other sectors and industries experience positive growth. Had you invested all or even a major portion of your money in the sector or industries that performed poorly, you would have lost more money than if you had diversified with a balanced portfolio.
You should divide your stock holdings among different sectors, since market forces may cause one or more sectors to decline while others stay steady or even rise.
