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Business Briefs: PNC not seeking mergers or acquisitions right now
PNC not seeking mergers or acquisitions right now
PNC Financial Services Group, which acquired about 400 bank branches in the Southeast from Royal Bank of Canada in March, is not interested in more mergers or acquisitions, Chairman and CEO James Rohr said Monday. Because of the potential for internal growth, "We have little or no interest in using our capital for M&A at this time," Mr. Rohr said during a financial services conference hosted by Barclays in New York City. Loan demand continued to grow for the Pittsburgh-based bank in the third quarter, although at a slightly slower pace than in the first half of the year when it "was perhaps the highest in the industry," Mr. Rohr said. Overall, Mr. Rohr said he expected PNC's results for the second half this year to be stronger than the first, "resulting in another good year for PNC."
Ross Park among sites for Microsoft holiday store
Microsoft plans to open more than 30 holiday stores this fall, including one at Ross Park Mall. In addition to carrying the company's line of products, the holiday stores are meant to teach customers how to "get the most out of their Microsoft-enabled devices," the announcement from the Redmond, Wash., computer giant said. Ross Park Mall already houses an Apple store, selling products from the Cupertino, Calif., rival to Microsoft.
FedEx to take sponsorship of Heinz Field's Great Hall
FedEx has taken over sponsorship of the Great Hall inside Heinz Field, according to the Steelers organization. The facility had been sponsored by Coca-Cola until earlier this year when the team switched soft drink sponsors to go with Pepsi. The new sponsorship deal is for 10 years, and is effective immediately. No financial details were given. Shipping giant FedEx is based in Memphis, Tenn., but its FedEx Ground division is based in Moon. The Great Hall is used to house historic memorabilia as well as the new Pub 33, and TV shows such as "Steelers Huddle" and the "McDonald's Steelers KidZone" are taped there.
FTC files charges over bed bug repellent claims
The Federal Trade Commission filed deceptive advertising charges against two marketers for claiming that their products can stop and prevent bed bug infestations using natural ingredients such as cinnamon and cedar oil. The marketer of Rest Easy repellent settled the charges by agreeing not to make unsupported claims. A $265,000 judgment against the company was suspended because of the inability to pay, the FTC said. The other marketer, Cedarcide Industries and others, which touts Best Yet! treatment for bed bugs and head lice, is being sued by the agency.
Executives, jobs dwindling at Eastman Kodak
Bankrupt photography pioneer Eastman Kodak Co. is losing more executives and plans to cut an additional 1,000 jobs by the end of the year as it shrinks into a commercial printing-focused company, the Rochester, N.Y.-based company said in a statement Monday.
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Business Briefs: PNC not seeking mergers or acquisitions right now
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Orkin's Top 10 Back to School Checklist
ATLANTA, Aug. 2, 2012 /PRNewswire/ -- Back to school season is upon us, and if you are not careful, you may unknowingly invite pests into your new home, or transport pests from your parents' or friends' homes. Anything from bed bugs to rodents can reside where you do, because they are all looking for the basic necessitiesfood, water and shelter. Dr. Ron Harrison, entomologist and technical services director at Orkin, a wholly-owned subsidiary of Rollins Inc. (ROL), has the top 10 things to remember when heading off to college.
(Photo: http://photos.prnewswire.com/prnh/20120802/CL51360 )
"Be cautious of what you do," said Harrison. "Think about all of these things and the challenges each one presents. Do not attempt to treat yourself or an infestation with over-the-counter products. Talk to your landlord or housing director if you think you have an infestation. We recommend they call a pest control professional."
About Orkin, LLC
Founded in 1901, Atlanta-based Orkin is an industry leader in essential pest control services and protection against termite damage, rodents and insects in the United States, Canada, Europe, Central America, the Middle East, the Caribbean, Asia, the Mediterranean, Africa and Mexico. With more than 400 locations, Orkin's almost 8,000 employees serve approximately 1.7 million customers. The company serves homeowners and numerous industries, including food and beverage processing, foodservice, hospitality, healthcare, retail, warehousing, property/facilities management, schools and institutions. Orkin is proud to be recognized by the National Pest Management Association as a QualityPro and GreenPro-certified company, addressing not only our customer's pest control needs, but also their concern for protecting the environment. Learn more about Orkin at http://orkin.com. Orkin is a wholly-owned subsidiary of Rollins Inc. (ROL).
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Orkin's Top 10 Back to School Checklist
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Bed bugs boom tracked using DNA
11 July 2012 Last updated at 09:53 By Victoria Gill Science reporter, BBC Nature, Ottawa, Canada
Biologist Toby Fountain is fascinated by bed bugs.
He was originally intrigued by their "traumatic" reproductive behaviour; males injecting sperm directly into females' abdomens.
But Toby is now leading a study to find out why the infamous insects have spread so much in the last decade.
He and his colleagues are using DNA fingerprinting techniques in an effort to track down the origin of the great bed bug boom.
He discussed his project at the First Joint Congress for Evolutionary Biology in Ottawa.
The global surge in bed bugs, Toby explained, was first documented just after the 2000 Sydney Olympics.
"It's been getting more and more prevalent since then," says the scientist.
The cost of the spread has been exorbitant, although the exact figure is difficult to estimate, it has been placed in the tens of millions.
Primarily, this cost comes from law suits against hotels that are accused of being infested and leaving their guests badly bitten.
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Bed bugs boom tracked using DNA
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Organic Plant Health, Inc., (OTCQB: OPHI), Introduces New and Improved Eco-Cedar™ All-Natural Bed Bug Killer.
CHARLOTTE, N.C., July 5, 2012 /PRNewswire/ --Organic Plant Health, Inc. (OPHI), a manufacturer and distributor of organic-based, hybrid and environmentally responsible fertilizers, soil conditioners and pest controls, is pleased to announce that independent laboratory efficacy testing is now complete on the new and improved formula for Eco-Cedar, the company's all-natural, bed bug and insect control product. The results of the independent scientific testing conclude that Eco-Cedar is 100% effective at controlling bed bugs on contact.
"This report shows the quality and effectiveness of our products while staying environmentally and biologically safe" stated Organic Plant Health President and CEO, Billy Styles. Styles goes on to say, "Credibility is critical for our success as we expand into new markets and more retail stores along the east coast. Our retail partners and customers want to know that natural and organic products work as well as their chemical counterparts." Styles continues, "I have personally used this new Eco-Cedar formulation numerous times on a variety of insects and I have always been impressed with the results.It is safe for use around the home, children, pets and the environment, which makes it a great alternative to some of the harsh chemical products commonly used today. It's simply a great product. I'd like to see it in every home and on every store shelf in America."
The U.S. bed bug control market potential is approximately $350 Million per year, growing at a rate of more than 5% annually. Some sources suggest estimates of double-digit growth are possible in the near future. Organic Plant Health's Eco-Cedar contains a proprietary blend of components that make this particular formula unique. It has specific insect control properties, while posing little or no threat to humans or the environment. As such, the product is exempt from registration by the EPA (Environmental Protection Agency), according to rule 25 (b) of the Federal Insecticide, Fungicide and Rodenticide Act.
Alan Talbert, company Vice President and COO, stated, "We're very excited about this new product. We believe there is tremendous market potential for the new Eco-Cedar throughout the U.S., and also in Canada, Mexico, South America and Europe. Eco-Cedar is a product that can cross all demographic and socio-economic market segments."
Organic Plant Health plans to launch its' new Eco-Cedar formulation in the coming weeks and is currently working on a variety of additional new products for the home and garden sector. Billy Styles says, "This new Eco-Cedar is only the beginning of the innovative products we are bringing to market as we expand our footprint across America and throughout the world."
About Organic Plant HealthBased in Charlotte, N.C., Organic Plant Health, In. (OPHI), provides organic-based, natural and environmentally responsible fertilizers, soil conditioners, herbicides, insecticides and fungicides for the continual care of residential and commercial landscapes.
Organic Plant Health brand products are currently sold in a variety of independent retail locations across North and South Carolina, including hardware stores, garden centers and plant nurseries. Key customers using Organic Plant Health products include environmentally conscious do-it-yourself homeowners and commercial landscape companies; secondary markets served include real estate development companies, vineyards and agriculture.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements as a result of various factors, and other risks. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and Organic Plant Health takes no obligation to update such statements.
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Entomologists to discuss insect issues at annual meeting
LINCOLN, Neb. More than 300 entomologists from the United States and Canada will attend the 67th annual meeting of the Entomological Society of America's North Central Branch in Lincoln June 3-6 at the Embassy Suites Hotel.
Topics of discussion will include new crop protection products for corn, soybean and vegetables, invasive species, integrated pest management, biological control, pheromones, GMOs, beef and dairy cattle, stored-grain protection, insect zoos and museums, endangered species, conservation efforts, allergies spread by insects, insect-plant relationships and insecticide resistance.
A diverse number of economically important insects will be covered, including bed bugs, corn earworm, brown marmorated stink bug, cockroaches, filth flies, stable flies, honey bees, lady beetles, burying beetles, tiger beetles, caddisflies, termites, wasps, ants and aphids.
In addition, the meeting will feature student competitions, field trips, an awards ceremony, receptions and other social events.
The ESA North Central regional branch includes Colorado, Illinois, Indiana, Kansas, Kentucky, Minnesota, Michigan, Missouri, Nebraska, North Dakota, Ohio, South Dakota, Wisconsin, Manitoba, Nunavut and Ontario.
The Entomological Society of America is the largest organization in the world serving the professional and scientific needs of entomologists and people in related disciplines. Founded in 1889, ESA today has more than 6,000 members affiliated with educational institutions, health agencies, private industry, and government. Members are researchers, teachers, extension service personnel, administrators, marketing representatives, research technicians, consultants, students and hobbyists. For more information, visit http://www.entsoc.org.
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Entomologists to discuss insect issues at annual meeting
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