OTTAWA (Reuters) - A spurt in fertilizer exports helped spur an unexpected 1.5 percent increase in Canadian wholesale trade in April from March, according to Statistics Canada data on Tuesday which will improve the outlook for second quarter economic growth.
The gain exceeded even the highest forecast, of 0.8 percent, in a Reuters survey of economists. The median forecast was 0.2 percent, after the originally reported sales increase of 0.4 percent for March, now revised to 0.3 percent.
Statscan put the rise entirely down to a 48.5 percent boost in farm supplies sales; excluding that, sales did not change. It said exports of fertilizers and fertilizer materials jumped 51.8 percent in April after several soft months, and domestic sales were also strong because of an early spring and a high level of expected acreage to be planted. The figures are seasonally adjusted.
In volume terms, wholesale trade rose 1.3 percent. This is important in calculating real growth in gross domestic product. April factory sales data reported on Friday had put a damper on second quarter GDP expectations with a surprise 0.8 percent decline, though some of the fall was due to temporary factors.
Inventories rose 0.3 percent in April, while the ratio of inventory to sales fell to 1.21 from 1.23 in March. The ratio measures the time in months required to exhaust inventories at current sales levels. (Reporting by Randall Palmer, editing by Dave Zimmerman)
© Thomson Reuters 2012 All rights reserved.
Code Black Herbal Incense Wholesale Announces Profitable New Wholesale Program - YAHOO!
Designed to allow thousands of businesses to profit by selling their world-renowned herbal incense products, Code Black today announces the launch of their exciting new herbal incense wholesale program.
Tustin, CA (PRWEB) June 19, 2012
Following an in-depth period of research and development, Code Black Herbal Incense Wholesale today announces the launch of their new wholesale program.Designed with their wholesale members’ profits in mind, the program will allow businesses to purchase Code Black’s highly-acclaimed herbal incense products at bargain bulk prices; products are then eligible for re-sale with healthy margins.
“We have designed our program to offer the lowest wholesale prices in the industry, while offering the highest possible quality” says a spokesman for the company.
He continues, “Every product in our online store is available for wholesale purchase. When you consider that each container retails for roughly 3-times the cost of its wholesale price, this is an attractive opportunity for any business looking to add real value to their customers and to their bottom line.”
Herbal incense wholesale members are eligible for a myriad of discounts. Dependant on the size of the order, high-volume partners can purchase each container for as little as $1.95, with an opportunity to resell at an MSRP of $9.95.
“We have also designed a number of very special discounts for those looking to purchase aggressively. For example, we are currently offering 25% off an order of $4000 or more and 33% off orders with a minimum value of $15,000. You can’t beat this anywhere else in the industry” the company adds.
Each Code Black wholesale member is also entitled to the luxury of free 24/7 on-going customer support.
The herbal incense industry is currently experiencing rapid growth as more and more customers opt to enjoy the aromatic pleasures and potency that burning herbal incense affords. Code Black is dominating this boom due to the quality, aromatic potency and refined freshness that comes with each container they ship.
All herbal incense products sold by the company are 100% compliant with all state/federal laws of 2011-2012, DEA Controlled Substance ACT (CSA) scheduled provisions and Lab Approved and Certified according to the latest bill H.R.1254.
Businesses looking to benefit from Code Black’s wholesale herbal incense program can sign up online. After completing the short wholesale application form, a representative will make contact within 24 hours to verify applicants’ information, and to see if the applicant qualifies for a wholesale account.
Following acceptance confirmation, members will be given exclusive access to Code Black’s dedicated member-only wholesale website. The intuitive interface will allow members to control all aspects of their operation from the viewing of current prices to easy online ordering and tracking.
“We are shipping more and more of our great products each month. The market is demanding larger supplies and we are delighted to now offer existing businesses a chance to take advantage of this demand; profiting from selling the highest rated herbal incense currently available, anywhere” Code Black concludes.
For more information, please visit: http://www.codeblackincense.com/herbal-incense-wholesale_a/255.htm
Or register a wholesale account directly at: https://www.codeblackwholesale.com/register.asp
*Legal Disclaimer:
As a business, you agree to re-sell the products purchased from our wholesale site in a responsible way. More specifically, you agree to sell these products only to individuals who present photo ID showing them to be over the age of 18 (or 19 if that is the law in your state). You furthermore agree not to sell these products in any municipality, county, or state where it may be against the law to do so.
******
About Code Black Wholesale Herbal Incense:
Code Black Wholesale Herbal Incense is committed to providing the finest quality spice incense at the absolute lowest prices. The Code Black spice incense continually strives to elevate your level of aromatic experience by working with a creative and skilled team, who use the highest quality raw materials to produce the very best legal herbs.
The company also operates a keen network of dedicated affiliates, as well as a generous rewards program for their customers.
Code Black
Code Black Incense
(949) 444-2633
Email Information
Boots stores report wider North-South trade divide - The Independent
The owner of the Boots chain said revenues had risen by 31.3 per cent to £11.74bn, powered by its pharmaceutical wholesale division's two acquisitions in Turkey and Germany last year.
But in the UK, Boots's like-for-like retail sales rose by only 0.7 per cent, including VAT, in the half -year to 30 September.
The finance director, George Fairweather, said: "In London and the South, we are seeing the economy being stronger and footfall on the high street relatively stronger in the South than in perhaps areas, such as Wales, Northern Ireland, Scotland and the North of England."
He explained that because shoppers in these areas were being hit by a larger proportion of public-sector job cuts, they were struggling more with high inflation, rising petrol prices and soaring energy costs. Nevertheless, Boots UK's dispensing volumes rose by a healthier 1.8 per cent on a like-for-like basis. The group's health and beauty division – which has shops in countries including Thailand and the Netherlands – grew revenues by 0.4 per cent to £3.65bn over the half-year.
Andy Hornby, the former head of the rescued bank HBOS, left his job as chief executive of Alliance Boots in March. The company said two months later that he was too "stressed" to continue.
But Mr Fairweather said Alliance Boots – which was taken private in 2007 in a £11.4bn deal backed by the private equity giant KKR – had "no current plans" to start a search for a new chief executive.
The engine room of Alliance Boots's growth was its pharmaceutical wholesale arm, which grew revenues by 47.7 per cent to £8.84bn. This was largely driven by it acquiring Hedef Alliance, a Turkish pharmaceuticals wholesaler, and the Germany pharma specialist, Anzag, last year.
"We are continuing to look for acquisitions in emerging markets," Mr Fairweather said, adding that talks were "progressing" with Nanjing Pharmaceutical Group to take a stake in the Chinese wholesaler.
Biden's wife takes Secret Service lingerie shopping in Chicago (VIDEO) - Washington Times
CHICAGO, June 19, 2012 —
Mrs. Biden was captured on iPhone video exiting La Perla, at
Earlier that day, the Bidens held a political fundraiser at the Chicago Cut Steakhouse with luncheon tickets ranging from $5,000 to $10,000 a pop.
That must have been some steak.
Let us not forget that Vice President Joe Biden has criticized Republican Mitt Romney for being rich and “out of touch.”
Back in May, at a campaign stop in
“I resent when they [the Romneys] talk about families like mine that I grew up in. I resent the fact that they think we’re talking about envy: it’s job envy, it’s wealthy envy; that we don’t dream,” said Biden. “My mother and father dreamed as much as any rich guy dreams! They don’t get us! They don’t get who we are!”
But Biden hasn’t exactly been “middle class” for quite some time.
“I don't live like I did when I was growing up. I have a beautiful home, and you pay me a lot of money," Biden later admitted. "But I remember. I remember."
Chicago Police resources were also diverted over the weekend for President Obama, who was in town for the wedding of senior White House adviser Valerie Jarrett’s daughter.
Since Friday, seven people were killed and 35 people were injured in shootings. Last week, eight people were killed and 46 injured citywide. The previous week, three people were killed and 29 injured.
Conservative commentator and satirist William J. Kelly is also a contributor to Breitbart.com and edits the Tea Party Reports for the
Email questions to him at williamjkellyrebuild@gmail.com.
Find him on Facebook/Williamjpkelly
Read more of Bill Kelly's Truth Squad in The Communities at the Washington Times
This article is the copyrighted property of the writer and Communities @ WashingtonTimes.com. Written permission must be obtained before reprint in online or print media. REPRINTING TWTC CONTENT WITHOUT PERMISSION AND/OR PAYMENT IS THEFT AND PUNISHABLE BY LAW.
London getting more competitive for leased-line fibre, says Ofcom - zdnet.co.uk
Hai Jamie, Nice reminder of my own camera's possibilities :-) Anyway, about the multiple pictures selection issue, I'm sure you know that when...
4 hours ago by pvdm on Pentax Optio WG-2 GPS and digiKam - Part 2Woman injured at Highcross wins £3,700 compensation - Leicester Mercury
A Leicestershire woman has received £3,700 compensation after falling and breaking her ankle at the Highcross shopping centre.
The woman, who did not want to be identified, received the pay-out after slipping on the bridge between the car park and the John Lewis store.
A further three women, represented by Leicester solicitors Lawson-West, are seeking compensation following accidents in the Highcross car park in 2011.
Lawson-West spokesman Vickki Ridgeway said the woman who has received the compensation slipped twice. She said: "The circumstances of the accident are that she slipped on the car park surface while walking to the bridge that leads into John Lewis.
"She managed to save herself that time but then slipped once she was on the bridge. She fell to the floor and suffered a broken ankle and torn ligaments."
The other three women have all alleged they fell in the car park.
"We say that, in each incident, the client slipped and fell on the car park surface, in some cases when it had been raining," Ms Ridgeway said.
The three women are now looking into whether they might be entitled to compensation.
One, who only wanted to be known as Mrs Ravat, claimed she had an accident on December 21 when she returned to her car following a shopping trip with her daughter.
Mrs Ravat, who is in her early 40s, said she slipped as she approached her car, falling backwards and hitting her head on the bumper of the car next to her own.
She sustained a fracture to her right femur, which required emergency surgery.
A Highcross spokesman said: "We are aware of the incidents at the centre. However, it is inappropriate for us to comment on individual cases.
"We have conducted a review and are investigating a number of ways to resolve the situation."
Lawson-West also represented Gweneth Bowler, of Quorn, who received "significant" compensation in December after slipping and fracturing her right shoulder and hip 11 months earlier.
Highcross owner Hammerson Plc admitted liability and reached an agreement with Mrs Bowler.
A Leicester City Council health and safety executive expert said the bridge's surface had posed a high risk of slipping when it was wet, and also said there was evidence of inadequate cleaning.
Recommendations, including mats at all entrance mats, reviewing cleaning procedures, improving water drainage in the car park and modifying floor surfaces to improve traction, have been implemented and no further accidents have been reported.
Anglo Irish in £1bn fight over UK site - Belfast Telegraph
Tuesday, 19 June 2012
IBRC, the former Anglo Irish Bank, has become embroiled in one of the UK's biggest property battles - thanks to a stake in a London shopping centre.
The increasingly bitter dispute over Croydon's Whitgift Shopping Centre could mean that the Irish taxpayer-owned bank's stake in a proposed €1.25bn (£1bn) redevelopment will be compulsorily bought by local authorities.
The battle is over the rights to complete a refurbishment of the UK's third-biggest shopping centre.
The crisis at the development has escalated to the stage where authorities could be forced to issue a compulsory purchase order to buy out one or more of the part owners in the deal, if the situation is not resolved.
The Irish Bank Resolution Corporation (IBRC) is one of three owners of the leasehold to Whitgift Shopping Centre, alongside Royal London Assurance and the Whitgift Foundation, a charity that owns the freehold to the site as well as a 25% interest in the leasehold to the development.
The owners have fallen out over the awarding of the development rights for the site. Last November, Australian retail giant Westfield Group said it had secured a binding agreement with the Whitgift Foundation to develop the site.
However, IBRC and Royal London Asset Management - which together control 75% of the leasehold - signed up rival developer Hammerson as the preferred developer.
Hammerson, IBRC and Royal London say their preferred bidder was appointed following a transparent tender process. Westfield Group and Hammerson are among the biggest developers in the UK property market and the battle between the two for control of the Whitgift is increasingly being played out in the UK media.
However, the row between the owners is the real core of the dispute - with no signs of it being resolved.
IBRC has been involved in the deal since 2005, when the then Anglo Irish Bank Assurance invested in a £225m purchase of the leasehold to the site - backed by loans from Anglo's lending arm. With no sign of a compromise, the situation has become a political hot potato, attracting the interest of London's colourful major Boris Johnson.
It has been suggested that Mr Johnson could use his planning powers as a lever in getting either Westfield or Hammerson to withdraw from the Croydon situation.
Last night, sources confirmed that drastic measures could be taken to break the deadlock - which could include compulsory purchase orders to buy out Whitgift or the IBRC/Royal London. The purchase price would have to reflect the market value, sources said, though it would be of the undeveloped centre.
Good Sharing About Wholesale China Cell Phones - Salon
Nowadays cell phones are highly in demand because these are used for communication. Due to high technology, cell phones have transformed its uses and functions. With these cell phones, we tend to experience great things not only for communication but even for entertainment.
Knowing that China have grown to be so competitive with their experiment in electronics so it’s the main reason why they are highly in demand nowadays in producing cell phones. China cell phones are considered to be one of the fast growing industries nowadays.
If you are planning to begin an ecommerce business and you’re pondering how the wholesale china operates? If so, you are in the good site. It is very significantly fantastic if you are sourcing wholesale China which is a low cost solution in starting an internet business which is certainly profitable without bank breaking. But the first question that definitely comes to the mind is that if you could obtain branded items in wholesale China. Obviously, the answer is no. So that you can know isn’t it an option for a reseller like you if you buy directly branded items from wholesale China.Here are some factors behind to acquire an idea precisely why it isn’t probable in such cases. First, the brand’s exert may possibly handle the product sales of their items from their manufacturer to their wholesale cell phones sales shop. Second, the brand’s exercise controls the supply chains of the item. You may additionally find out that there are instances it can be feasible to look for a distinctive models which is available in many countries nevertheless the things is that it can’t be profitable structure in Western countries even though it has decreased taxes in one product that is definitely more affordable at retail price China.
Is it possible to obtain benefits from purchasing non-branded products in wholesale China? Well it could be pointless to make an attempt to source goods with brand from the manufacturers of wholesale China and you could be frustrated about it. Actually, there are few features you can usually get form obtaining non-branded items from wholesale China. You could be at liberty in offering items under your name if you purchase items with no brands like for example you have the options of obtaining custom labeling and packaging with your name when you precisely obtain it from China. It’s also possible to get the top quality items at a very low price tag when you buy it from a reputable source in China. So for you to get the merchandise at a cheap rate, purchase them from the China wholesale.
UPDATE: Canada April Wholesale Sales Up 1.5%, Most Since May 2011 - NASDAQ
--Sales of agricultural supplies up most since May 2008
--Wholesale volume grows at fastest pace since July 2011
--Wholesale trade expected to contribute to April GDP
(Adds economist's comments in paragraphs 5-7.)
By Nirmala Menon
OTTAWA--Canada's April wholesale sales trounced expectations to grow at the fastest monthly rate in nearly a year as soaring exports of fertilizers helped drive the largest gain in sales of agricultural supplies since May 2008.
Wholesale sales grew 1.5% - the most since May 2011 - to 49.35 billion Canadian dollars (US$48.19 billion), Statistics Canada said Tuesday. The consensus call was for a tepid 0.2% increase, according to a report from Royal Bank of Canada. March's gain was revised down to 0.3% from 0.4%.
The figures are seasonally adjusted.
Sales volume in April rose 1.3%, the most since July 2011, suggesting that wholesale trade will be a key contributor to monthly gross domestic product figures due at the end of the month.
Emanuella Enenajor, an economist at CIBC World Markets, said data are showing a rebound in the energy and resources- related sectors from production disruptions in the first quarter, when growth was an annualized 1.9%, well short of the Bank of Canada's 2.5% forecast.
So, second-quarter growth may meet or even exceed the 2.5% forecast by the central bank, she said. But the key question is whether the economy can "achieve and continue economic momentum beyond any temporary rebound from the resources sector," and this is unlikely as consumers step back after "engorging at the table of credit for years," Ms. Enenajor said in an interview.
Furthermore, the pace of hiring will probably slow after the second quarter as sectors that have seen good employment growth in recent months, including factories and resources, are vulnerable to the global economic slowdown, she added.
Wholesalers in the agricultural supplies industry reported a 48.5% jump in sales, which coincided with a 51.8% surge in exports of fertilizers and fertilizer materials. As a result sales in the miscellaneous sector, which includes agricultural supplies, were up 12.8%.
Excluding agricultural supplies, overall wholesale sales were unchanged, StatsCan said.
Wholesalers of machinery, equipment and supplies reported a 1.1% increase, while sales in the building materials and supplies sector were up 0.5%. Wholesalers of motor vehicles and parts posted a 0.2% rise, the third consecutive gain.
The four sectors that posted gains accounted for some two-thirds of total wholesale sales.
The largest decline was in the personal and household goods sector which saw a 2.2% drop, dragged by lower sales in the pharmaceuticals and pharmacy supplies industry.
Wholesale inventories climbed 0.3% to C$59.82 billion, with increases in 13 of the 25 industries. The inventory-to- sales ratio declined dropped to 1.21:1 from 1.23:1.
Seven provinces posted higher sales, with Alberta and Saskatchewan contributing the most to the national gain. Sales in Alberta were up 4.6%, the largest increase since 2004, thanks to gains in several industries, including metal service centers and agricultural supplies.
In Saskatchewan, where agricultural supplies account for over one-third of the total, sales were up 6.7%.
Wholesale sales in Ontario rose 0.4%, the third straight gain, while sales in Quebec were up 1.0%.
Write to Nirmala Menon at nirmala.menon@dowjones.com
(END) Dow Jones Newswires 06-19-121110ET Copyright (c) 2012 Dow Jones & Company, Inc.
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