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POM Wonderful loses bid to block FTC deceptive ad claims

2015-01-31 01:55:03| Beverages - Topix.net

POM Wonderful's claims that its pomegranate products combat heart disease, prostate cancer and erectile dysfunction aren't adequately backed by research, a federal appeals panel ruled, upholding a Federal Trade Commission ban on deceptive advertising by the company. "We see no basis for setting aside the commission's conclusion that many of POM's ads made misleading or false claims," U.S. Circuit Judge Sri Srinivasan wrote for a three- judge panel in Washington.

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Sika AG: Burkard Family Loses Voting Rights Privilege

2015-01-27 06:00:00| Coatings World Breaking News

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US stocks retreat; Dow loses 141

2015-01-25 01:53:14| Air Courier - Topix.net

U.S. stocks fell Friday, trimming the first weekly gain of 2015, as weaker-than-forecast results at companies from United Parcel Service Inc. to Kimberly-Clark Corp. offset confidence that central banks will support global growth. UPS slumped 9.9 percent as it said preliminary 2014 earnings were lower than previously forecast, after an over- expanded program to handle a deluge of holiday shipments.

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Saranac Lake loses one, gains one in biotech

2015-01-24 10:44:30| Biotech - Topix.net

Saranac Lake, N.Y., is building on its long history as a medical research center with a new cluster of biotechnology companies. The village suffered a major setback last year however, when one of two biotech companies lured to town in 2012 announced it was shutting down.

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AutoNation loses a key architect

2015-01-19 06:50:04| Auto Dealers - Topix.net

With COO Mike Maroone's pending departure, AutoNation Inc. must complete its digital transformation without one of the plan's key architects. Maroone, 61, will step down as COO in February and retire April 1, the nation's largest dealership group said.

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