“American Cancer Society: Casino Could Be Hazardous To Your Health » - New York Daily News” plus 1 more |
| American Cancer Society: Casino Could Be Hazardous To Your Health » - New York Daily News Posted: 19 Nov 2010 11:36 AM PST Opposition to Gov. Paterson's nearly-completed casino deal with a Wisconsin-based Indian tribe seems to be coming from all directions, reports our Glenn Blain:  Neighboring tribes, racino operators, and newspaper editorials have all panned Paterson's effort. And now the American Cancer Society is getting into the act. In a letter to Paterson today, the group expresses its formal opposition to the proposal because smoking would be allowed in the Sullivan County casino. The state's Clean Indoor Air Law, which prohibits smoking in worksites and public places, is not enforced on Indian lands. "We believe the compact's failure to meaningfully address smoking is backsliding and a bad deal for the health of New Yorkers," the Society's Russell Sciandra wrote in the letter. "At a time when smoke-free environments are becoming the norm all over the world, and New York is recognized as a leader in this death and disease-preventing movement, this agreement freezes in place the bad old days of smoke-filled rooms, subjecting the nonsmoking majority to the pollution generated by the small minority that still uses tobacco," he added. Paterson is expected to announce the deal with the Stockbridge-Munsee Community Band of Mohican Indians on Monday. Critics have charged that he's rushing the deal to bolster his legacy before leaving office in December. Others have argued that the proposed casino, which must still be approved by the federal government, would siphon business from existing Indian casinos in New York and the state's video-lottery facilities - including the one planned for Aqueduct. Paterson and other supporters, including Sen. Charles Schumer, have said the casino will provide a huge boost to the Catskills' economy. Preliminary plans call for a 584,000-square-foot facility with 3,000 slot machines and 190 gaming tables in the town of Thompson. If it opens, it would be the full-service gambling facility closest to the city. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php This posting includes an audio/video/photo media file: Download Now |
| Posted: 18 Nov 2010 11:01 AM PST sns-ap-us-cardinal-health-kinray NEW YORK (AP) — Health care products maker Cardinal Health Inc. said Thursday it will buy New York-based drug distributor Kinray Inc. for $1.3 billion in cash, expanding its base of independent pharmacies by 40 percent. Cardinal Health said Kinray is the world's biggest privately held distributor of drugs, health, beauty, and home care products. Kinray, which does business with about 2,000 independent pharmacies, will expand Cardinal's business in the Northeast. Cardinal Health now serves about 5,000 independent pharmacies. Cardinal Health expects the purchase to increase fiscal 2011 profit by a small amount and add at least 12 cents per share to its profit in fiscal 2012. Shares of Cardinal Health climbed $2.06, or 6 percent, to $36.53 in afternoon trading. Earlier they rose to an annual high of $36.79. Independent pharmacies are the key to the deal, said Jefferies & Co. analyst Richard Close. In a note to clients, Close said non-chain pharmacies are far more profitable for Cardinal Health because unlike chain stores, they do not buy drugs in bulk. He said independent pharmacies should boost Cardinal Health's profit in the coming years, as the company sells more low-cost generic drugs to its chain customers. Cardinal Health had $98.5 billion in revenue in its latest fiscal year, compared with $3.5 billion in revenue for Kinray. Close kept a "Hold" rating on shares of Dublin, Ohio-based Cardinal Health. He noted that the deal will likely limit share repurchases and large acquisitions by the company for about six to nine months. The deal is expected to close in late 2010 or early 2011. Copyright 2010 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. This entry passed through the Full-Text RSS service — if this is your content and you're reading it on someone else's site, please read our FAQ page at fivefilters.org/content-only/faq.php This posting includes an audio/video/photo media file: Download Now |
| You are subscribed to email updates from Add Images to any RSS Feed To stop receiving these emails, you may unsubscribe now. | Email delivery powered by Google |
| Google Inc., 20 West Kinzie, Chicago IL USA 60610 | |
0 comments:
Post a Comment