Friday, June 20, 2014

Fwd: Food Industry Giant Shrugs Off Unsavory News - Issue #752



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From: Wall Street Daily <wallstreetdaily@wallstreetdaily.com>
Date: Fri, Jun 20, 2014 at 3:25 AM
Subject: Food Industry Giant Shrugs Off Unsavory News - Issue #752
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More and more consumers are beginning to wise up to marketing in the food industry - especially when it comes to the use of the word "natural."

If you're unaware, the FDA still hasn't been able to nail down what a natural ingredient actually consists of.

So for now, the FDA won't stop a company from slapping "natural" on the product label as long as the food doesn't contain artificial flavors, man-made substances, or added colors.

That's all it takes!

It shouldn't come as a shock that companies across the food industry are taking advantage of this loophole. And many foods - that most consumers would consider totally unnatural - are being packaged as "all natural."

Of course, this ruse couldn't last forever.

Although many industry players have come under fire for misusing the term, not all companies are created equal. In fact, one remains perfectly primed for steady returns. Read more »




With approximately $230 billion in assets, the PIMCO Total Return Fund (PTTAX) is the largest bond mutual fund in the world.

But it's faltering...

The fund has seen 13 consecutive months of outflows, and has lost a total of nearly $60 billion in assets under management since April 2013.

A combination of fears about rising interest rates and uncertainty regarding PIMCO's future (Co-CIO Mohamed El-Erian announced his departure in January 2014 and left in March 2014) have undoubtedly contributed to the outflows.

Forget the Total Return Fund, though. Investors in two other PIMCO funds should be heading for the exits, instead.

But they're not... just yet. Read more »

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If you're like me, you've always felt a bit leery whenever the government decides to intervene in professional sports.

I find myself wondering... "Don't they have something better to do?"

After all, Congress is only in session for an average of 152 days a year. For you or me, that's the equivalent of working a typical 40-hour work week from January through July... and then calling it quits until next year.

Given the state of the economy, the country and the rest of the world, that doesn't leave much time for Congress to get its vitally important work done.

Yet, on Wednesday, the government decided once again to take a detour into the world of professional sports. Specifically, the U.S. Patent and Trademark Office (USPTO) canceled the trademark registrations of the Washington Redskins organization (this is the second time, for those counting at home).

Of course, the government has a long history of involvement in American professional sports... but now, it's officially time for this madness to stop. Read more »


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