Quantcast
 
Read Larry Connors' blogShort Term Trading Strategies


 

At Waters Forum, Rep. DeLauro, Administration Urge Congress to Improve the Safety of Imported Food

Wed. October 14, 2009; Posted: 04:11 PM
Stocks RSS
WASHINGTON, Oct 14, 2009 /PRNewswire-FirstCall via COMTEX/ -- WAT | Quote | Chart | News | PowerRating -- Waters Corporation (NYSE: WAT | Quote | Chart | News | PowerRating) today convened the 2nd Annual Global Food Safety Policy Forum with the Center for Science in the Public Interest (CSPI) in Washington, DC, bringing together policymakers and private experts from around the globe to discuss solutions that improve food supply in the United States and worldwide.

"Food safety is an important segment of the science economy," said Waters President Arthur Caputo. "Rising global demand, geographic shifts in to production, a more competitive marketplace and increasingly stringent regulatory requirements all affect the delivery of safe food to consumers. We are here as a partner dedicated to the science behind food safety testing."

Rep. Rosa DeLauro, the House of Representative's leading food safety champion, delivered the keynote address. She called for a robust U.S. traceability system, equivalency with trading partners and greater reliance on science and technology to improve the safety of food imports. "This is about food safety science and where we want to go," she said. DeLauro said it was critical that the Senate pass a strong food safety bill. The House approved a food safety bill (H.R. 2749) on July 30.

CSPI Director of Food Safety Caroline Smith DeWaal said Congress has taken steps to improve U.S. food safety but new legislation is needed because the country is operating under antiquated laws and consumers are increasingly concerned.

The Government Accountability Office released a new report at the Forum. The report concludes that FDA and USDA have taken steps to address the challenges in ensuring the safety of food imports but the agencies need to make better use of data available to them to target riskier imports and learn from the European Union's system.

The Obama administration, represented by Michael Taylor, an adviser to FDA Commissioner Margaret Hamburg, said food safety is essentially a supply chain problem. He described legislative proposals that put the onus for safety of imports on the importer as the "transformative idea" that would deliver improvements. He said the U.S. should utilize partnerships and move toward international standards to improve import safety.

About Waters Corporation

Waters Corporation creates business advantages for laboratory-dependent organizations by delivering practical and sustainable innovation to enable significant advancements in such areas as healthcare delivery, environmental management, food safety, and water quality worldwide.

Pioneering a connected portfolio of separations science, laboratory information management, mass spectrometry and thermal analysis, Waters technology breakthroughs and laboratory solutions provide an enduring platform for customer success.

With revenue of $1.47 billion in 2007 and 5,000 employees, Waters is driving scientific discovery and operational excellence for customers worldwide.

About CSPI

Since 1971, the Center for Science in the Public Interest has been a strong advocate for nutrition and health, food safety, alcohol policy and sound science.

Founded by executive director Michael Jacobson, Ph.D. and two other scientists, CSPI carved out a niche as the organized voice of the American public on nutrition, food safety, health and other issues during a boom of consumer and environmental protection awareness in the early 1970s.

CSPI has long sought to educate the public, advocate government policies that are consistent with scientific evidence on health and environmental issues, and counter industry's powerful influence on public opinion and public policies.

Waters is a trademark of Waters Corporation.

SOURCE Waters Corporation

http://www.waters.com
For full details on Waters Corp (WAT) click here. Waters Corp (WAT) has Short Term PowerRatings of 5. Details on Waters Corp (WAT) Short Term PowerRatings is available at This Link.

    


More News:   Market Updates | Stock Alerts | All Trading News | Stock Index

Email
Print
Archives
Feedback
Email Article Link
Close X
Recipients email address
Your name
Your email
Add a note (optional)




Stocks RSS





Related News [WAT]
  UPCOMING EVENTS
Learn new strategies, how to trade in this market, and the stocks you should be focusing on each day. Join us for our free 20 minute tele-seminars during the week.
* Attendance is strictly limited and are filled on a first-come, first-served basis.
PREMIER SPONSORED LINKS
TRADE CENTER
 
The TradingMarkets Directory
RELATED SITES
Nothing but forex
Please call 1-213-955-5858 ext. 1

About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback

Disclaimer:

The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.

It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.

HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.

The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302

© Copyright 2009 The Connors Group, Inc.


All analyst commentary provided on TradingMarkets.com is provided for educational purposes only. The analysts and employees or affiliates of TradingMarkets.com may hold positions in the stocks or industries discussed here. This information is NOT a recommendation or solicitation to buy or sell any securities. Your use of this and all information contained on TradingMarkets.com is governed by the Terms and Conditions of Use. Please click the link to view those terms. Follow this link to read our Editorial Policy.

© 2009 The Connors Group, Inc.