PetSmart said it will pull from shelves all of its China-made treats by March 2015, and Petco by the end of this year.
The two national pet retailers' decisions came after years of nationwide complaints to the U.S. Food and Drug Administration that a jerky treat from China was possibly making pets sick.
At Petco, the decision affects all of its 1,300 stores and sales on Petco.com. PetSmart also has about 1,300 stores nationwide.
"We know some pet parents are wary of dog and cat treats made in China, especially chicken jerky products, and we've heard their concerns," said Jim Myers, Petco CEO, in a statement.
PetSmart said it has been working toward this goal "for some time, and feel it's the right thing to do for pets and our customers," said Erin Gray, spokeswoman for PetSmart, in an e-mail to USA TODAY Network.
Hot Asian Companies For 2015: China Sunergy Co. Ltd.(CSUN)
China Sunergy Co., Ltd. designs, develops, manufactures, and sells solar cells and solar modules. It offers monocrystalline and multicrystalline silicon solar cells; and standard P-type solar cells and HP solar cells, as well as emitter cells. The company sells its products to module manufacturers, system integrators, and distributors. It sells solar cells and modules under CSUN and CEEG brand names primarily in Europe, the People?s Republic of China, India, South Korea, Australia, and the Untied States. The company was founded in 2004 and is headquartered in Nanjing, the People?s Republic of China.
Advisors' Opinion:- [By Eric Volkman]
China Sunergy (NASDAQ: CSUN ) results for the company's fiscal Q4 and 2012 have been released. For the quarter, total sales were $54.4 million, less than half the $110.8 million the firm posted in the same period the previous year. Net loss, meanwhile, was steeper at $70.5 million ($5.27 per diluted American Depositary Share), compared to Q4 2011's red figure of $49.6 million ($3.71).
5 Best Healthcare Equipment Stocks To Invest In Right Now: Oculus Innovative Sciences Inc.(OCLS)
Oculus Innovative Sciences, Inc. develops, manufactures, and markets tissue care products that prevent and treat infections in open wounds and skin care, as well as, through a separate mechanism of action, heal wounds while reducing the need for antibiotics. The company, through its platform technology, Microcyn, a solution of electrically charged oxychlorine small molecules treats organisms that cause disease, which include viruses, fungi, spores, and antibiotic-resistant strains of bacteria, such as methicillin-resistant Staphylococcus aureus and vancomycin-resistant Enterococcus in wounds, as well as Clostridium difficile. It sells Microcyn technology-based human wound care products as prescription and over-the-counter products. The company markets its products through sales force and distributors in the United States, Mexico, Europe, and internationally. Oculus Innovative Sciences, Inc. offers its products to pharmacies; care centers; hospitals; nursing homes; urgent c are clinics; home healthcare; physicians; nurses; and other healthcare practitioners who are the primary caregivers to patients being treated for acute or chronic wounds or undergoing surgical procedures, as well as to dermatologists for treatment of various skin afflictions. The company was formerly known as Micromed Laboratories, Inc. and changed its name to Oculus Innovative Sciences, Inc. in August 2001. Oculus Innovative Sciences was incorporated in 1999 and is based in Petaluma, California.
Advisors' Opinion:- [By John Udovich]
Small cap stocks Derma Sciences Inc (NASDAQ: DSCI), Oculus Innovative Sciences, Inc (NASDAQ: OCLS)�and Arch Therapeutics Inc (OTCBB: ARTH) specialize or have a focus on wound care���a medical problem that has plagued mankind since the dawn of time. After all and think back to our Civil War when disease along with infections resulting from improper wound care probably killed more soldiers than actual battles. Even today, infection after surgery or after receiving a wound or injury of any kind is still a constant threat. And then there is the scaring that can result from any sort of invasive surgery or injury. With those thoughts in mind, here are three small cap wound care stocks trying address these problems:
5 Best Healthcare Equipment Stocks To Invest In Right Now: Under Armour Inc.(UA)
Under Armour, Inc. develops, markets, and distributes performance apparel, footwear, and accessories for men, women, and youth primarily in the United States, Canada, and internationally. It offers products made from moisture-wicking synthetic fabrics designed to regulate body temperature and enhance performance regardless of weather conditions. The company provides its products in three fit types: compression (tight fitting), fitted (athletic cut), and loose (relaxed) extending across the sporting goods, outdoor, and active lifestyle markets. Its footwear offerings comprise football, baseball, lacrosse, softball, and soccer cleats; slides; performance training footwear; and running footwear. The company also provides baseball batting, football, golf, and running gloves, as well as licenses bags, socks, headwear, custom-molded mouth guards, and eyewear that are designed to be used and worn before, during, and after competition. Under Armour sells its products through retai l stores, as well as directly to consumers through its own retail outlets and specialty stores, Website, and catalogs. The company was founded in 1996 and is headquartered in Baltimore, Maryland.
Advisors' Opinion:- [By Jon C. Ogg]
The 24/7 Wall St. list of public companies expected to double sales in the next few years includes the following: Kona Grill Inc. (NASDAQ: KONA), LinkedIn Corp. (NYSE: LNKD),�Noodles & Co. (NASDAQ: NDLS),�Onyx Pharmaceuticals Inc. (NASDAQ: ONXX),�Michael Kors Holdings Ltd. (NYSE: KORS),�Questcor Pharmaceuticals Inc. (NASDAQ: QCOR),�Tesla Motors Inc. (NASDAQ: TSLA),�Under Armour Inc. (NYSE: UA),�Workday Inc. (NYSE: WDAY) and Yelp Inc.�(NYSE: YELP). Facebook Inc. (NASDAQ: FB)�might as well be considered a runner-up here, but it was a direct competitor of LinkedIn in the selections.
- [By Monica Gerson]
Under Armour (NYSE: UA) is expected to report its Q3 earnings at $0.66 per share on revenue of $710.18 million.
Reliance Steel & Aluminum Co (NYSE: RS) is estimated to report its Q3 earnings at $1.20 per share on revenue of $2.54 billion.
- [By Tamara Rutter]
Take cover
Competitors including Nike (NYSE: NKE ) and Under Armour (NYSE: UA ) jumped at the opportunity to capitalize on Lululemon's shortcomings. In fact, Under Armour's recent ad campaigns are both amusing and timely. For example, an ad for Under Armour's line of yoga pants included the slogan: We've Got You Covered." - [By Ben Levisohn]
Shares of Lululemon have gained 0.8% to $51.47 at 3:31 p.m., while the Gap is little changed at $42.33. Nike (NKE) has risen 0.3% to $75.32, while Under Armour (UA) has jumped 1.4% to $107.51. Maybe it wasn’t the uniforms after all.
5 Best Healthcare Equipment Stocks To Invest In Right Now: Semiconductor Manufacturing International Corporation(SMI)
Semiconductor Manufacturing International Corporation, an investment holding company, engages in the computer-aided design, manufacture, packaging, testing, and trade of integrated circuits. It offers a range of technologies from 0.35μm to 65nm with capabilities that include logic, mixed signal/RF CMOS, high voltage, embedded, flash, EEPROM, and CIS technology. The company also provides portfolio of semiconductor intellectual property (IP) blocks from 0.35um to 65nm to support the design needs of customers; ASIC design services; reference flows; mixed-signal/RF PDKs; and multi-project wafer services. In addition, it involves in the design and manufacture of semiconductor masks; and provides assembly and testing, wafer bumping, and wafer probing/testing services. Further, the company offers marketing related activities; operates convenience stores; and manufactures and trades in solar cell related semiconductor products. Its products are used primarily in mobile, network ing, and wireless local area network applications, as well as in consumer and communications products, including digital television, set-top box, mobile, portable media player, and personal digital assistant applications. The company serves integrated device manufacturers, fables semiconductor companies, and system companies principally in the United States, Europe, and the Asia Pacific. Semiconductor Manufacturing International Corporation was founded in 2000 and is headquartered in Shanghai, the People?s Republic of China.
Advisors' Opinion:- [By Pato Kehoe]
In an attempt to trim costs and increase its operational efficiencies, Estee Lauder�� business strategy last year focused on centralizing its core operating functions, as well as reducing non-profitable stock keeping units. The cost reduction program, Strategic Modernization Initiative (SMI), proved highly efficient, saving the company $781 million in 2013. Furthermore, while the program will continue throughout 2014, management announced that it would be reinvesting a large amount of the cost savings in marketing for its core brands, along with product innovation. In this regard, decentralizing innovation to better adjust to its global customer preferences, is and will continue to be a key strategy in further propelling the beauty giant�� growth.
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