Greece had already received non-investment grades by credit rating agencies before the most recent downgrade in its sovereign rating by S&P. So large institutional investors had not been able to invest in Greece anyway.
Fisher Capital Management Warning: BOK issues blanket warning on debt
Bank of Korea Governor Kim Choong-soo, right, holds a meeting with chief executives at the BOK’s headquarters in central Seoul yesterday. Korea’s central bank governor cautioned companies, individuals and the government yesterday on the danger of taking on an unreasonable level of debt. During a meeting with corporate executives yesterday, Bank of Korea Governor Kim Choong-so said, “corporations, the government and individuals should pay close attention to how much debt they take on.” The BOK’s 25 basis point rate hike last Friday will increase interest payments for debt holders. Kim also commented on Korea’s mounting household debt. “We should keep an eye on those who take out loans that have no ability to pay them back.” Yet he expressed confidence that Korea’s record household debt – which recently exceeded the 800 trillion won mark – is manageable. A number of the country’s largest conglomerates were represented at the meeting, including Kim Young-chul, Dongkuk Steel president & CEO; Alfred S. Koh, Samsung SDS CEO; Huh Chang-soo, GS Engineering & Construction chairman; Huh Myung-soo, GS E&C president & CEO; and Yoon Young-doo, Asiana Airlines chief executive. “The housing market doesn’t look so optimistic,” said GS E&C’s chairman, blaming it on financial authorities’ tight management of project financing loans, causing builders to suffer from unsold apartments. Regarding the airline industry’s outlook, Asiana Airlines Chief Executive Yoon said: “The industry was sluggish in March and April due to Japan’s massive earthquake, but after hitting bottom in April, the number of visitors to Japan is on the rise. And since oil prices have stabilized, the industry is likely to do fine in the third and fourth quarter when demand peaks.” Meanwhile, S&P’s downgrade of Greece’s credit rating to the lowest possible level did not negatively affect the local stock market. The Kospi rose by nearly 30 points on relief over China’s inflation data. “The local market was buoyed by relief over the index that had been giving fears the most to the market,” said SK Securities analyst Kim Young-jun. He added that S&P’s credit rating downgrade of Greece did not negatively affect the local market as much since, “Greece had already received non-investment grades by credit rating agencies before the most recent downgrade in its sovereign rating by S&P. So large institutional investors had not been able to invest in Greece anyway.”
Wednesday 15 February 2012
Monday 26 December 2011
Fisher Capital Management Scam Warning News
“While the FDA did not identify specific concerns with the food, we take this situation very seriously,” Kris Charles, a spokeswoman for Battle Creek, Michigan-based Kellogg, said in an e-mail. “We have undertaken a number of aggressive actions to address their concerns including comprehensive cleaning and extensive testing.”
Fisher Capital Management Warning: Kellogg Gets Second FDA Warning on Listeria in 2 Years | RedGage - TechNet Articles - Home | Facebook
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A Kellogg Co. (K) cookie plant in Augusta, Georgia, was found to have a “persistent strain” of listeria during a February inspection, including on food-contact surfaces, according to a warning letter from U.S. regulators.
The Food and Drug Administration letter, dated June 7, was sent less than two years after a Kellogg Eggo waffle plant in the same state was shut for similar reasons.
The inspection found flies and pools of water, the FDA said. The letter from District Director John Gridley didn’t say that any products were tainted with listeria, yet said they were “adulterated” and “may have become contaminated with filth.” The Augusta plant makes Keebler and Famous Amos cookies, and is one of five cookie bakeries Kellogg operates in North America.
“While the FDA did not identify specific concerns with the food, we take this situation very seriously,” Kris Charles, a spokeswoman for Battle Creek, Michigan-based Kellogg, said in an e-mail. “We have undertaken a number of aggressive actions to address their concerns including comprehensive cleaning and extensive testing.”
Kellogg’s response didn’t include dates for taking action at the plant, the FDA said. The regulator gave Kellogg 15 days to outline specific remedies to avoid injunction or product seizure.
Eggo Production
Kellogg’s cookies are baked at a temperature high enough to kill any listeria present, according to Robert Gravani, a food science professor at Cornell University in Ithaca, New York. The lack of an FDA product recall suggests that listeria was not found in the cookies, he said. FDA spokeswoman Tamara Ward declined to comment on a potential recall.
Listeria is a bacterium found in prepared foods and soil that can cause a serious infection in humans called listeriosis. It is particularly harmful to pregnant women, the young, the elderly, and people with weak immune systems, according to the FDA’s website.
Kellogg, the largest U.S. maker of breakfast cereals, fell 45 cents to $54.96 at 4 p.m. in New York Stock Exchange composite trading. The shares have gained 7.6 percent this year.
Fisher Capital Management Warning: Kellogg Gets Second FDA Warning on Listeria in 2 Years
The FDA in January 2010 ordered Kellogg to improve sanitation controls at the different Georgia plant after Eggo buttermilk waffles were found contaminated with listeria bacteria. That, along with flooding and equipment changes at another waffle factory in 2009, slowed production for months and caused Eggo’s market share to drop.
Kellogg in June 2010 voluntarily recalled about 28 million boxes of cereal including Froot Loops and Honey Smacks, citing unusual taste and odor coming from the liner of packages. The recalled boxes were made at an Omaha, Nebraska, facility. North American cereal sales dropped 5 percent in 2010, partly because of the recall.
Tuesday 6 December 2011
Fisher Capital Management
Fisher Capital Management World News Latest Update has all the updated news on Korea’s technology and business sectors. We aim to consistently update this site – several times a day – to provide you with the latest news from across the globe. This site features all the current trends in technology, breakthroughs in science, condition of the market, background information and in-depth analysis on significant world events. For any inquiries, email us at info@fishercapitalmanagement-worldnews.com
Tuesday 15 November 2011
Fisher Wealth Management is now Fisher Investments UK
Fisher Wealth Management is now Fisher Investments UK
Please visit our new website at http://www.fisherinvestments.co.uk
Fisher Investments UK (formerly Fisher Wealth Management) is the wholly-owned subsidiary of Fisher Investments, a private, independent investment management company. Fisher Investments UK markets the services of Fisher Investments to investors in the UK. Our investment professionals offer a wide range of wealth management strategies for individuals and institutions. We can devise a bespoke investment plan for each of our clients and, thereafter, Fisher Investments can monitor and proactively manage it within an efficient tax structure.
Fisher Investments has a solid history and respected reputation for managing the diverse needs of high net worth individuals across a range of international investment structures and in tax efficient environments. Learn more by visiting www.fisherinvestments.co.uk.
Tuesday 8 November 2011
Fisher Capital Management Warning: Kellogg Gets Second FDA Warning on Listeria in 2 Years | RedGage
A Kellogg Co. (K) cookie plant in Augusta, Georgia, was found to have a “persistent strain” of listeria during a February inspection, including on food-contact surfaces, according to a warning letter from U.S. regulators.
The Food and Drug Administration letter, dated June 7, was sent less than two years after a Kellogg Eggo waffle plant in the same state was shut for similar reasons.
The inspection found flies and pools of water, the FDA said. The letter from District Director John Gridley didn’t say that any products were tainted with listeria, yet said they were “adulterated” and “may have become contaminated with filth.” The Augusta plant makes Keebler and Famous Amos cookies, and is one of five cookie bakeries Kellogg operates in North America.
“While the FDA did not identify specific concerns with the food, we take this situation very seriously,” Kris Charles, a spokeswoman for Battle Creek, Michigan-based Kellogg, said in an e-mail. “We have undertaken a number of aggressive actions to address their concerns including comprehensive cleaning and extensive testing.”
Kellogg’s response didn’t include dates for taking action at the plant, the FDA said. The regulator gave Kellogg 15 days to outline specific remedies to avoid injunction or product seizure.
Eggo Production
Kellogg’s cookies are baked at a temperature high enough to kill any listeria present, according to Robert Gravani, a food science professor at Cornell University in Ithaca, New York. The lack of an FDA product recall suggests that listeria was not found in the cookies, he said. FDA spokeswoman Tamara Ward declined to comment on a potential recall.
Listeria is a bacterium found in prepared foods and soil that can cause a serious infection in humans called listeriosis. It is particularly harmful to pregnant women, the young, the elderly, and people with weak immune systems, according to the FDA’s website.
Kellogg, the largest U.S. maker of breakfast cereals, fell 45 cents to $54.96 at 4 p.m. in New York Stock Exchange composite trading. The shares have gained 7.6 percent this year.
Fisher Capital Management Warning: Kellogg Gets Second FDA Warning on Listeria in 2 Years
The FDA in January 2010 ordered Kellogg to improve sanitation controls at the different Georgia plant after Eggo buttermilk waffles were found contaminated with listeria bacteria. That, along with flooding and equipment changes at another waffle factory in 2009, slowed production for months and caused Eggo’s market share to drop.
Kellogg in June 2010 voluntarily recalled about 28 million boxes of cereal including Froot Loops and Honey Smacks, citing unusual taste and odor coming from the liner of packages. The recalled boxes were made at an Omaha, Nebraska, facility. North American cereal sales dropped 5 percent in 2010, partly because of the recall.
To contact the reporter on this story: Matthew Boyle in New York at Mboyle20@bloomberg.net.
Monday 7 November 2011
Fisher Capital Management Warning : Internet Surfers alarmed on ‘search engine poison’
Everyone delete spam e-mail instantly. You do not need to check out phony appearing web sites. You might be typically a fairly well-informed web client.
Put simply, you are the type of individual aimed by scammers intended for search results harming. And when you’re a prey, you may not realize it.
Computer protection professional Paul Ducklin stated that online users had been increasingly informed and much less prone to fall for notorious e-mail frauds, yet usually created the big mistake regarding thoughtlessly having faith in search engines.
Fraudsters take advantage of web users’ trust in search engine results having a method known as search engine harming – a way which a few months ago netted the Latvian group greater than $72 million.
This is the way they get it done – and what you need to be aware of.
Triple Faceted Internet sites
Fisher Capital Management explained a typical approach usually utilized by scammers would be to crack right into a site and basically separate this in to 3 in changing what it really may be like according to the visitor.
They can identify a specific tale for the search engine, provide a secondary pair of articles with a reputable, routine client for the web page therefore it appears kosher, and provide somebody who direct result carrying out a search diverse subject material, he explained.
As the internet site seems fine to prospects that occur straight, clients that click on to the website tend to be rerouted in completely different online site that may possibly scam them or even expose their computer for a virus.
The search engine provided completely wrong info on the web site features that means they have already been controlled directly into showing no matter which results these online hackers choose.
Dividing the website means that it’s hard for that site’s hosts to find out if they are hacked, Fisher Capital Management explained, since they are surfing their website directly – not necessarily using a search engine – and thus observe just the legitimate edition.
A Scammer Sporting Sheep’s Outfits
The Site being compromised shift search engine results to another page, the most frequent way is usually to direct visitors as to what seems to be the porn website. It’s the fake porno page in which subsequently appears using a fake virus alarm that will scan, affirms similar to ’55 virus notifications found’ as well as requires clients if you’d like these files taken out, he explained.
And obviously if you click on yes, I want to cleanup my personal computer; it is no longer free of charge.
Considering cost period these people respond like the software features you happen to be accustomed to experiencing. They will state its $49 for the moment however here is a special offer with an additional $19.95. Which is precisely how un-suspicious they can be?
Fisher Capital Management stated keeping the costs comparatively small versus different web frauds, scammers acquired confidence while alert bells ended up unlikely to sound for the target.
A great deal of users do not think they are cheated he explained.
They assume ‘oh, If only I failed to pay that $49′ nevertheless they do not think it’s really a scam.
There was a Latvian gang lately busted by the Federal Bureau of Investigation, operating around similar to 12 areas. They had been trading fake spy-ware plus yearly they would generate 72 million US dollars.
I assume the common scam for each victim had been $75 thus it is merely less than millions of users.
It’s not merely the large, high-volume scams that will matter much. They are smaller frauds increased millions of instances.
Hijacked Trending Issues
One more secret ended up being to employ these sizzling trending subjects, just like on the Google or Twitter.
Things such as disasters, significant level busts, elegant wedding ceremonies, something that features a brief over it. At that time when this news initially breaks there is no web page which has a search engine history for any subject matter he explained.
Internet sites using a history will be more reliable through search engines and so are prone to come in the top of the listings, and end up being reliable through users as the secure site.
Scammers who broken into recognized websites with a decent search engine history could operate the data provided to the search engine what exactly looks with the listings will be linked to the trending issue, as the web page by itself includes absolutely no information associated with the topic.
While the URL is selected, they are subsequently sent straight into a harmful site that could be a scam, or may push your computer to download he explained.
You’re possibly deceived in to setting up malware or perhaps misled in to spending money on software which can do nothing at all.
For users that are cheated in to installing fake virus software, there is an additionally threat.
Of course unless you realize the application is actually fake you suspect the personal computers obtained the tidy costs of fitness. Therefore you will be vulnerable once again.
Tuesday 1 November 2011
Fisher Capital Management Scam Prevention News » Blog Archive » Digg
Chinese prosecutors have arrested 23 suspects over phone fraud on South Koreans, Seoul’s prosecutors said Sunday, the first bust on a scam ring after the two neighbouring countries agreed to thwart voice phishing scams that have caused huge financial damage in South Korea in recent years. Voice phishing involves random phone calls to dupe victims to siphon their bank accounts, Yonhap News Agency reported. Callers, growingly traced to networks in China, masquerade as police or bank officials, or sometimes demand ransom claiming they are holding a family member hostage. The damage from phone fraud has reached over 200 billion won (US$185 million) over the last three years, according to South Korean prosecution data. More than 1,500 suspects of the scams are believed to have fled to China during the past five years. A Chinese ringleader and 22 other scammers allegedly swindled several billion won from South Koreans by impersonating officials of financial institutions and fooling them into depositing their money at certain bank accounts. The Chinese prosecutors are also chasing other members of the busted phone scam ring that allegedly has about 100 members, according to Seoul’s prosecutors. The bust came three months after South Korean Prosecutor General Kim Joon-gyu and Meng Jianzu, China’s public security minister, agreed to cooperate in rooting out voice phishing scams. South Korean prosecutors said they can soon extradite 15 separate suspects from China over similar scams that caused some 150 billion won ($138 million) in damages from 20,000 victims. The prosecutors did not give any specific time frame. – BERNAMA We provide (subscription-based) news coverage in our Newswire service
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