Monday January 2, 2012
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SATURDAY?S LOTTO
Numbers: 4-17-22-25-38-45
Match 6: 0
Match 5: 25 ($1,777)
Match 4: 1,244 ($53)
Match 3: 26,394 ($3)
Estimated next jackpot: $10 million
SATURDAY?S CASH 5
Winning numbers: 6-13-15-18-21
Match 5: 0
Match 4: 100 ($416)
Match 3: 3,135 ($9)
Match 2: 20,369 ($2)
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Source: http://www.wacotrib.com/news/136517228.html
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JERUSALEM (Reuters) ? Teva Pharmaceutical Industries' new chief executive is set to shift the company's focus to branded drugs from generics as he imports a successful strategy of making mid-sized deals from Bristol-Myers Squibb.
The transformation -- which hinges on Jeremy Levin picking a handful of winning new products to boost Teva's branded portfolio -- is unlikely to happen overnight.
In hunting for potentially lucrative experimental medicines, Levin will be competing with a wide field of rivals, including the world's biggest pharmaceutical manufacturers, most of whom are hungry for new drugs to refill pipelines depleted by patent expirations.
Levin, senior vice president for strategy, alliances and transactions at Bristol-Myers since 2007, will take the reins at Teva in May in the wake of Shlomo Yanai's surprising resignation after five years at the helm.
Teva's shares jumped 3.3 percent on the news on Monday in Tel Aviv, an indication that investors were unhappy with Yanai -- who engineered a number of large acquisitions -- and sought a change in direction that included a strategy to replace its top-selling multiple sclerosis drug Copaxone.
Analysts believe the move to change CEOs had been in the works for months since Teva's share performance has been poor and Teva Chairman Phillip Frost said the process to find a successor to Yanai took almost all of last year and that the transition process should be orderly.
The South African-born, Cambridge-educated Levin, global head of business development and strategic alliances at Novartis from 2003 to 2007, has so far declined to give any specifics on his strategy for Israel-based Teva, citing the need to complete a "deep dive" in the next few months.
But he told analysts on a conference call on Tuesday that there was no difference between generic and proprietary drugs.
"I have a deep philosophy in that medicines are medicines. It does not matter whether they are branded or generic," Levin said. "The key question is can you make the affordable and can you provide them to patients."
Teva's Nasdaq shares were up 6.5 percent at $42.97 on Tuesday, still nearly 40 percent below a year's high of $57.08 on January 26, 2011.
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Teva's sliding price/earnings ratio: http://link.reuters.com/tyb85s
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"STRING OF PEARLS"
Many analysts believe Teva's shares could be poised for a rebound after its Nasdaq shares fell 21 percent in 2011 to underperform the drugs sector.
"Levin comes from a Bristol-Myers management team that has substantially turned around the company, has been very shareholder friendly and is very well regarded by (Wall) Street," JPMorgan analyst Chris Schott wrote in a client note.
"Clearly, we will have to watch for any further changes in Teva's strategy as Levin moves into his new role but after a difficult year for Teva shares, we believe the transition will be well received," added Schott, who rates Teva as "overweight" with a $55 price target.
At Bristol-Myers, Levin implemented a "string of pearls" strategy of alliances, partnerships and acquisitions with small and large companies -- a policy he is expected to continue at Teva as it looks for a way that its branded business can grow.
Levin's appointment "clearly signals that Teva will remain acquisitive in building its brand business but at an appropriate scale since Levin will likely attempt to recreate his 'string-of-pearls' success," said Barclays Capital's Douglas Tsao.
As a result, additional large acquisitions that propelled Teva to the world's largest maker of copycat medicines are unlikely, and could prompt the company to back off its ambitious target of $31 billion in sales by 2015.
Teva, which has a market value of $36 billion, is forecast to post sales of $22 billion in 2012, $12 billion coming from generic drugs. Nearly $4 billion is projected from Copaxone, whose sales are forecast to peak this year.
Copaxone, an injected drug, now accounts for 23.5 percent of total sales, compared with 19 percent a year ago and faces competition from a variety of oral MS treatments that are available or are expected to hit the market in the coming years.
Novartis' recently launched drug Gilenya is the first oral MS drug to reach the market while Biogen Idec's experimental drug BG-12, if approved, promises to become a leading treatment for MS. Teva's own experimental MS pill laquinimod missed its main goal in a late-stage trial in what was seen as a major setback.
Analysts also expect fewer generic blockbuster drugs to hit the market starting on 2013 in another hit to Teva.
EMERGING MARKETS FOCUS
Through Cephalon, Teva has about 30 branded drugs in various stages of development and clinical trial and analysts expect Levin to ultimately decide which of them to push more aggressively.
"Teva's success in the branded business remains an open question in the coming years," Jonathan Kreizman, an analyst at the Clal Finance brokerage said, citing the failure of Parkinson's disease drug Azilect. "The generics and branded businesses are very different and Teva will have to prove itself like it did in generics.
"Developing drugs is more risky and different than imitating drugs," he said.
Another focus for Teva will be to continue expanding in emerging markets.
"These are markets that are becoming increasingly sophisticated ... and it is very important for every company in the industry to understand how they will penetrate these markets," Levin said. "I do not think that this is something that should wait for the long term.
"I am very very interested and regard this as an important contributory leg to building a global company ... It is something I will be looking very carefully at."
(Reporting by Steven Scheer; Additional reporting by Lewis Krauskopf; Editing by Maureen Bavdek)
Source: http://us.rd.yahoo.com/dailynews/rss/meds/*http%3A//news.yahoo.com/s/nm/20120103/hl_nm/us_teva
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DAVAO, Philippines ? The Philippine military says communist guerrillas have resumed attacks after a self-imposed Christmas cease-fire.
Regional military spokesman Col. Leopoldo Galon says about 50 New People's Army guerrillas assaulted a government militia outpost guarding a village in Agusan del Norte province on Tuesday, killing a militiaman and two rebels. A weeklong rebel cease-fire ended Monday.
Army Sgt. Sixto Duyan says he and 16 militiamen battled an overwhelming number of Maoist rebels, who were armed with explosives and assault rifles, for more than four hours. The rebels later retreated, dragging away one of their dead.
The rebels, who have been fighting for a Marxist state since 1969, are listed by Washington as terrorists.
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Posted 3 hours ago on Jan. 2, 2012, 2:08 p.m. EST by bill1102inf2 (198)
This content is user submitted and not an official statement
The only way to real energy independence for the USA is via THORIUM. 100% green, 100% safe, 100% proven, 100% natural occuring fuel. There are MILLIONS of lbs of thorium from burning coal scattered all over the USA, plus natural thorium deposits.
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100% Energy Independence is possible now.
http://youtu.be/P9M__yYbsZ4
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End our reliance on using our enemies oil.
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Inexpensive electricity for ALL.
Source: http://occupywallst.org/forum/real-energy-independence-for-the-usa-for-1000-year/
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Zhang Yimou's The Flowers of War, with Christian Bale headlining, is doing big business in its home country, where it's already become the top grossing Chinese film of 2011.
Through Dec. 29, the movie has grossed $66 million (400 million yuan) at the Chinese box office, where it's competing with Jet Li action pic Flying Swords of Dragon Gate. Flowers of War, about the Japanese invasion of Nanjing, opened Dec. 16.
PHOTOS: The Christian Bale Directors Posse: 6 Auteurs Won Over By the Actor
Until Flowers of War, the No. 1 Chinese film of the year was Beginning of the Great Revival, which grossed $62 million.
Hollywood tentpoles are the top two earners overall -- Paramount's Transformers: Revenge of the Fallen grossed a massive $145.5 million in China, followed by DreamWorks Animation and Paramount's Kung Fu Panda 2 with $92.2 million. Both films had the advantage of higher 3D ticket prices.
Among other Hollywood movies, Disney's Pirates of the Caribbean: On Stranger Tides eared $71.8 million China, while Warner Bros.' Harry Potter and the Deathly Hallows Part 2 grossed $63.6 million.
COVER STORY: Oscar Winner Christian Bale Turns East
Flowers of War will pass Pirates this weekend, and has a shot at overtaking Kung Fu Panda 2.
Costing $100 million to produce, Flowers of War is the most expensive Chinese production in history and was fully financed by Zhang Weiping's New Pictures Film Co. It's one of the first times that a Western actor has played the lead role in a Chinese production of this size.
Bale's recent dust up with Chinese security guards when trying to visit blind activist Chen Guangcheng haven't hurt the movie. Bale attempted to met with Chen days after attending the premiere of Flowers of War in Beijing.
Flowers of War is China's official submission for the Oscar for best foreign language film, and is being distributed in the U.S. by Chris Ball's Wrekin Hill Entertainment.
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It's a New Year and a new start and the stars are sharing their well-wishes and plans for 2012 on Twitter.
Here's what they had to Tweet:
PLAY IT NOW: Carson Daly Dishes On ?NBC?s New Year?s Eve? 2011 Show
Rihanna: "Thank you 4 makin 2011 an incredible year, filled with lots of laughs and tears...Memories made either way,that I'll always cherish #1LOVE HAPPY NEW YEAR LOVERS!!!!!!!!!!!! #FIREWORKS"
Katherine Heigl: "Happy New Year everyone! Wishing you all a fabulous, peaceful, prosperous and healthy 2012 full of great achievements and experiences."
VIEW THE PHOTOS: Happy New Year! Stars Ring In 2012
Jessica Simpson: "Already went to dinner and changed! Might have to ring in the new year with the east coast!! Happy New Year!!!!!!"
J.R. Martinez: "New Years Day and I'm ready to take on the things that come my way.Praying for health, strength, and continued blessings! #NewYearNewYou"
Christina Applegate: "Happy New Year everyone. Have a safe evening. Be kind, don't drink and drive, but drinking and tweeting is entertainment for all."
VIEW THE PHOTOS: Happy New Year! Stars Ring In 2011 Coast-To-Coast!
Jennifer Lopez: "To all the #LOVE?RS your #LOVE made 2011 an unforgettable year!! Look out 2012 here we come!!"
Margaret Cho: "happy new year everyone~~~ of course i went to bed at 9pm last night last year"
VIEW THE PHOTOS: New Year?s Coast To Coast: Stars Ring In 2010!
Jared Leto: "Yesterday is sooooo last year."
Nicki Minaj: "And Happy New Year to everyone in the world who's clock ALREADY struck 12!!!!!!! Blessings, blessings & more blessings!!! (F*** did I type?)"
Maria Shriver: "Happy New Year to all of you. I hope your holidays were a time of joy, gratitude and awe."
Kelly K. Bensimon: "Happy New Year to my amazing twitter family. You are supportive, curious, and courageous to put your voice out there! Love kelly"
Peter Gallagher: "Happy New Year beautiful people, thanks for making it so fine. Let's do this one even better! Peace and love to all. Cheers!"
Carey Hart: "Happy New Years 2 all my friends. I like to throw my happy's out when u are feeling your worst. Enjoy ur hang over. Gonna be a good year."
Sean "Diddy" Combs: "I love yall. Happy new year!!! 2012"
Rainn Wilson: "Happy New Year! (please feel free to print and frame this tweet)"
Paula Deen: "Happy New Year's y'all! I hope that 2012 is filled with many, many blessings for you and your loved ones."
Fran Drescher: "Happy New Year! Remember when u r feeling peaceful, it's a gr8 time 2 manifest what u r redy 4 in 2012! Repeat often! F"
Kim Kardashian: "Who else is soooo ready to let go of 2011 and have the best 2012 ever!!!"
John Legend: "Have a beautiful, exciting, productive, happy new year. I will be providing a soundtrack to your 2012 soon!"
Giuliana Rancic: "Happy New Year!!!! May God bless you with love, joy and of course...good health in 2012!!!"
Khlo? Kardashian Odom: "Happy New Year!!!"
Bob Saget: "Today is the first day of the rest of your life. And if that doesn't work out for you, Tomorrow is the first day of the rest of your life..."
Shaun Robinson: "2011 is over, it's done with, gone bye-bye! God has given you a brand new start! It's 2012, baby!"
Ashley Tisdale: "Happy new year :)"
Lauren Conrad: "Happy New Year!"
Kristi Yamaguchi: "Welcome 2012! wishing everyone a very Happy New Year!"
Jamie Lynn Spears: "Happy New Year!!! #loveyall"
Nancy Grace: "Happy New Year!! Love NG & twins"
Karina Smirnoff: "Wow! What an awesome night! NYE in NY is absolutely magical! 2012 started with a bang! Hope everyone had amazing time last night!"
Olivia Munn: "Happy New Year to all of our Troops!!! THANK YOU for EVERYTHING!!! Check out @MaximMag for another msg from me to all of our soldiers. XOXOX"
Brandi Glanville: "Happy New Year tweeters! New year means new twitter!! No more EC or LR on my timeline! also never speak of my kids or I will go OG on ur ass!"
Donald Trump Jr.: "Happy new year all."
Kurt Sutter: "A NEW YEAR'S RESOLUTION: THE MORE I THINK I KNOW IS DIRECTLY PROPORTIONATE TO THE AMOUNT I STILL NEED TO LEARN. REMAIN F***ING TEACHABLE."
Copyright 2012 by NBC Universal, Inc. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Our video of the day, with @CityTomHayes Tornado siren interrupts wedding ow.ly/8du8e 
CityNews CityNews.ca
Source: http://twitter.com/CityNews/statuses/152520833208815616
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