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 WWPIA Pet Industry Briefs
Dec. 2, 2008
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Never Waste a Crisis
from Forbes
Despite all the different issues that top leaders are facing, there is a commonality to great leaders in times like these. It can be summed up in the phrase "Never waste a crisis." When Rahm Emanuel, President-elect Barack Obama's chief of staff, was quoted saying this in The New York Times, he articulated what is on the minds of many business leaders. More

Not All Downturn is Bad for Small Business
from The Houston Chronicle
An economic downturn, while fraught with pain and problems for so many small businesses, can also have some upsides for companies. Some are to be expected - a tough economy motivates businesses to find new ways to work more efficiently - while others are serendipitous, coming in the form of opportunities for expansion. More

Doubling Your Strengths
from BusinessWeek
Do you believe, as most of us have been led to, that you have strengths and weaknesses? Psychologist Tommy Thomas believes something quite different: that people have only strengths. He believes that once you get hold of the idea that your weaknesses are actually strengths, you'll have twice as many personal strengths - ones not often recognized - to draw on. More

Central Garden & Pet Announces Fourth Quarter and Fiscal 2008 Results
from Central Garden & Pet
Central Garden & Pet Company announced fourth quarter and full year results for its fiscal year ended Sept. 27, 2008. The company reported net sales of $414 million in the quarter, an increase of three percent compared to $401 million in the comparable fiscal 2007 period. Operating income for the Pet Products segment was $31.6 million, an increase of 83 percent, compared to $17.3 million in the year ago period. More

Florida Pet Stores Could Face Surprise Inspections
from Santa Rosa's Press Gazette
On Monday, Florida Agriculture and Consumer Services Commissioner Charles H. Bronson announced that his department is conducting a sweep of pet stores during the next five weeks to ensure that such establishments are complying with regulations that protect consumers in the purchase of pets. Inspectors are visiting numerous pet stores and dealers between now and Jan. 1 to make sure that a store or dealer is complying with Florida Statute 828.29, a law that imposes certain obligations on sellers and offers recourse to consumers in the event that problems arise. More

Canadian Courts Approve Menu Foods Deal
from Grainews
Courts in nine provinces have given final approval to a deal that will settle over 100 proposed class actions against Toronto pet food maker Menu Foods. This week's approvals in Canada clear the way for payouts to eligible North American pet food consumers from the company's US$24 million settlement fund, which would allow a "potential recovery of up to 100 per cent of all economic damages incurred by pet owners, subject to certain limitations," Menu Foods said previously. More

Radio Systems Acquires MultiVet
from Pet Product News
Radio Systems Corp., owner of the PetSafe brand, reported on Nov. 24 that it has acquired the assets of Canada-based MultiVet International and the rights to manufacture and sell the MultiVet pet-product line. More

Will California Tax Vet Services?
from Natural News
Governor Schwarzenegger of California has proposed a new tax on veterinary services; specifically on veterinary services and treatments. If the California bill gets passed, or if other states plan the same taxation, will the proceeds benefit pets and/or pet owners? Should California pass this bill, despite the disproval of California veterinarians, will other states begin to copy the tax? Would a tax on veterinary services prove to be of any benefit to pets and pet owners, or would it be just another revenue to state government? Will California or any other state use the dollars received from taxed veterinary services to improve the health and/or life conditions of pets within their state, or will the money be lost in bureaucracy? More

Mars Extends Pet Food Recall
from Consumer Affairs
Mars Petcare US is extending a recall of dry pet food after the U.S. Food and Drug Administration reported finding Salmonella in additional samples of the company's Special Kitty Gourmet Blend cat food. The earlier recall, issued Oct. 27, was for cat food produced at Mars' Allenton, Pa., plant on Aug. 11, 2008. The recall is now being extended to cover all dry pet food produced at the plant with a "best by" date between Aug. 11, 2009 and Oct. 3, 2009. More


Symbol Name Last Change
ALO ALPHARMA, Inc. 36.00   0.28%
CENT Central Garden and Pet Co 3.20   0.30%
CHD Church & Dwight Co., Inc. 56.92   1.34%
CLX Clorox Company 56.96   0.58%
CL Colgate-Palmolive Company 61.69   0.42%
DLM Del Monte Foods Company 5.48   1.48%
IAX International Absorbents, Inc. 2.24   0.0%
JAKK Jakks Pacific, Inc. 17.75   4.23%
KFT Kraft Foods, Inc. 25.77   0.86%
ODC Oil-Dri Corporation of America 18.36   3.17%
OPCO OurPet's Company 0.25   0.0%
PECD Pet Ecology Brands, Inc. 0.10   0.0%
PETS PetMed Express, Inc. 17.01   0.95%
PETM Petsmart, Inc. 15.78   0.38%
PFE Pfizer, Inc. 15.49   1.37%
PG Proctor & Gamble Company 60.48   0.02%
SGP Schering-Plough Corporation 15.45   0.51%
SPC Spectrum Brands, Inc. 0.15   25.00%
WOOF VCA Antech, Inc. 17.70   3.27%

from Forbes.com (Stock quotes published at 9:45 a.m. Eastern, Dec. 2, 2008)





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