NEWS SCAN: Avian flu outbreaks, pandemic funding, biodefense lab lapses, Listeria

first_imgFeb 9, 2009Vietnam and Egypt report H5N1 poultry outbreaksVietnam today confirmed H5N1 outbreaks in poultry in another province, Hau Giang in the Mekong Delta, Deutsche Presse-Agentur (DPA) reported. The outbreak involved about 400 unvaccinated ducks and brings the number of provinces recently reporting the virus to five. Meanwhile, Egyptian veterinary officials reported that the virus struck more locations, according to a Feb 5 report posted on the Web site of Egypt-based Strengthening Avian Influenza Detection and Response (SAIDR), including Behera, Helwan, and Fayoum governorates. In addition, laboratory officials are testing samples from a Sharkiya governorate location where several suspicious bird deaths were reported.[Feb 9 DPA story]Hong Kong finds H5N1 in more dead birdsMore dead birds found around Hong Kong have tested positive for the H5N1 virus, according to a Feb 7 statement from Hong Kong’s Agriculture, Fisheries, and Conservation Department (AFCD). They include a grey heron from Mai Po Nature Reserve, a peregrine falcon found near Long Beach Gardens, a chicken found on Butterfly Beach, and three chickens and a duck collected on Lantau Island.[Feb 7 AFCD press release]Senate negotiators strip pandemic funding from stimulus billBipartisan work on the Senate’s version of the economic stimulus bill on Feb 6 cut $870 million in pandemic planning provisions from the list of spending proposals, according to a report yesterday from Congressional Quarterly (CQ) Today. Critics questioned whether or not increasing the nation’s pandemic vaccine stockpile would crease more jobs. The House stimulus bill allocates $900 for pandemic flu funding. After the Senate passes its version, a conference will meet to resolve differences between the two bills.Security lapses reportedly sideline select agent work at Army’s biodefense labFederal officials suspended work on biological select agents at the US Army Medical Research Institute of Infectious Diseases (USAMRIID) in Frederick, Md., on Feb 6 after identifying problems with the system the lab uses to monitor its inventories of high-risk biological materials, Wired reported today. The lab housed the work of the late Bruce E. Ivins, whom federal officials believe played a role in the 2001 anthrax attacks. The Wired report is based on an internal memo obtained by ScienceInsider blog.[Feb 9 Wired story]Listeria concerns prompt recallsTwo companies recently issued recall notices because of possible Listeria monocytogenes contamination, though no illnesses were reported. Alaska Sausage Company recalled 872 pounds of sausage links with reindeer meat and bratwurst, according to a Feb 6 press release from the US Department of Agriculture (USDA). Meanwhile, agriculture officials in New York warned consumers not to eat 14-oz packages of Queso Fresco made by Peregrina Cheese Corp, based in Brooklyn, NY, according to a Feb 4 press release from the Food and Drug Administration (FDA). The company is holding most of the cheese, but a small quantity was released for retail sale.[Feb 6 USDA press release][Feb 4 FDA press release]last_img read more

Four asset managers ‘may have broken UK competition law’ [updated]

first_imgSeveral institutional asset managers may have broken competition law, according to the UK’s financial regulator.The Financial Conduct Authority (FCA) believes Artemis Investment Management, Hargreave Hale, Newton Investment Management, and River & Mercantile Asset Management may have broken competition law in relation to Initial Public Offerings (IPOs) and a placing.In a “statement of objections” released this morning, the regulator alleged that the firms shared information by disclosing the price they intended to pay, or accepting such information, or both, in relation to one or more of two IPOs and one placing, shortly before the share prices were set.“The sharing generally occurred on a bilateral basis and allowed firms to know the other’s plans during the IPO or placing process when they should have been competing for shares,” said the FCA. It has issued a “statement of objections” to the four asset managers. This gives the firms notice that the FCA thinks they have infringed competition law and gives them the opportunity to respond by making written and oral representations.The statement of objections has not been made public.It is the first case the FCA has brought using its competition enforcement powers.Its main allegations against the firms are that separately:in 2015, Newton and Hargreave Hale and River & Mercantile Asset Management disclosed and/or accepted information about the price they intended to pay for shares in relation to one IPO and a placing;in 2014 Artemis and Newton shared information about the price they intended or were willing to pay for shares in relation to another IPO.Newton Investment Management was ranked 45th in IPE’s 2017 ranking of asset managers of European institutional assets, with €43.7bn under management.Artemis’ website said it managed €31bn of assets as at 31 October.In Newton and River and Mercantile’s cases, the statement of objections is also addressed to the their ultimate parent companies. A spokeswoman for Newton said: “Newton is not in a position to comment on any actions with regard to the FCA’s ongoing investigation, except to note that Newton has been cooperating fully with the FCA and will continue to do so until this matter reaches its conclusion.“The FCA’s investigation is focused on a very small number of Newton’s UK equity-focused strategies which can invest in small and mid-cap UK equities. Specifically, it relates to activity surrounding two initial public offerings and a placement in 2014 and 2015.“There has to date been no loss to any clients/investors as a result of the activity, and we do not anticipate any loss in the future.“We take compliance matters seriously and are committed to ensuring that our business is managed with the highest commitment to legal and ethical standards.”A spokesman for Artemis said: “We note the FCA’s provisional findings. We will continue to cooperate with the FCA as its investigation proceeds.”In a statement, Hargreave Hale’s parent company Canaccord Genuity Wealth Management said: “The statement from the FCA relates to a competition law matter which names Hargreave Hale, amongst other firms. This matter relates to the Hargreave Hale fund management business prior to its acquisition by Canaccord Genuity Wealth Management and was disclosed to us during our due diligence process.“Hargreave Hale has fully cooperated with the FCA and will be making further representations to the FCA for its review and consideration, with respect to the two transactions in question. We note that the findings are provisional and may not necessarily lead to an infringement decision.”In a notice to the stock exchange in London, River & Mercantile Group said it was “cooperating fully with the FCA’s ongoing investigation in relation to the matter”.The group added: “The statement of objections is a statement of the FCA’s provisional findings only and all parties will now have the opportunity to respond to the statement before the FCA decides if there has been an infringement. The group will review the [statement] and respond in due course.”In its preliminary results statement, the group said the FCA’s allegations did not affect any clients, or the net asset value of funds or segregated mandates.This article has been updated to include statements from affected asset managers.last_img read more

Bulldogs C-Team Baseball Results

first_imgThe Batesville C-Team baseball won on Tuesday May 1st at home against Greensburg in 5 innings by a score of 12-2.Conner Roleson pitched a complete game, giving up 6 hits and striking out 4 while only walking 2.Batesville had 9 hits on the day. Leading the way offensively was Cory Ralston, Nolan Williams and Austin Cornn with 2 hits each. Ben Obendorf, Jeremiah Lemmel and Justin Heiser also had 1 hit each.Several strong defensive plays and aggressive baserunning were key to the win.The win puts the C-Team at 1-3 on the year, with the next game scheduled for Thursday May 3rd at East Central.Batesville C-Team baseball fell to Connersville on Saturday April 28th at home by the score of 20-9.Batesville had 9 hits in the game. Leading the way with hits was Jeremiah Lemmel and Conner Roleson with 2 hits each. Cory Ralston got the start on the mound and was relieved by Nolan Williams and Conner Roleson.The loss puts the C-Team at 0-3 on the year. The next game is at home on Tuesday May 1st against Greensburg.Courtesy of Bulldogs Coach Brian Roleson.last_img read more