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Fisher Capital Management Warning: Kellogg Gets Second FDA Warning on Listeria in 2 Years

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.

Fisher Capital Management News: Fraud warning for craigslist users, scammers seek financial info

Staff Reports
Posted: 06/10/2011 12:38:16 AM PDT
SACRAMENTO — A scam targeting users of craigslist continues to be reported to the Better Business Bureau of Northeast California.

The scam, first reported months ago, involves the intended target getting an email shortly after posting an ad with craigslist, the online classified advertisement website.

The person sending the email claims to be the CEO of craigslist and states the consumer has won a computer.

The scammer asks the target to go to a website, where personal financial information is required before the free computer can be claimed.

Officials said the emails are a blatant and somewhat clumsy attempt to commit identity theft.

Names usually associated with the emails, Amy Sanders and Angel Thompson, have no connection with craigslist.

People who feel they are being targeted by fraud should contact the BBB at 1-916-443-6668.

Fisher Capital Management News:Will China’s Economy Stumble?

China, along with other emerging countries, is the great hope for global economic growth.

The developed economies, bruised and aching, are pulling themselves slowly back to their feet after the Great Recession.

As Western consumers and governments struggle to get on top of their debts, they are not going to be the source of booming demand for goods and services they were in the last decade.

China by contrast slowed down a bit in the recession and then rapidly got back to something like full speed.

From 2007 to 2011 China accounted for as much of global economic growth as the G7 leading industrial countries combined.

Essential goodsChina is a very important market for suppliers of commodities; Australian coal and iron ore and Brazilian soy beans for example.

It must be said China is also a big exporter, with a hefty trade surplus. That means in terms of global demand for goods and services overall it takes more than it gives.