Feb 26, 2017 at 10:49 o\clock

FSMEX - Fidelity® Select Medical Equipment and Systems Portfolio Mutual Fund Quote

Investment Objective The investment seeks capital appreciation.

The fund normally invests at least 80% of assets in securities of companies principally engaged in research, development, manufacture, distribution, supply, or sale of medical equipment and devices and related technologies. It invests primarily in common stocks. The fund invests in domestic and foreign issuers. It uses fundamental analysis of factors such as each issuer's financial condition and industry position, as well as market and economic conditions to select investments. The fund is non-diversified.

Performance1 month+7.73% 3 years+15.96%3 months+11.90% 5 years+19.34%1 year+31.17% Since inception+13.80%Peer Comparisonvs. Health FSMEXCategoryPerformance 5-yr return+19.34%+16.84%Expense ratio0.76%1.32%Risk 5 year sharpe ratio1.291.06Net assets$2.9B$2.8BAverage market cap$15.3B$29.2BAverage P/E32.621.1Portfolio turnover46%46%

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Fund Management and Purchase InfoFund familyFidelity InvestmentsFund manager & tenureEdward Yoon / 9 YearsMinimal initial investment$2,500.00Minimum IRA investment$2,500.00HoldingsU.S. stock97.14%International stock2.86%Fixed income0.00%Cash0.00%Other0.00%

Top 5 Sectors

Portfolio weighting

Top 10 Holdings

Portfolio weighting

MDT Medtronic PLC20.42%BSX Boston Scientific Corp11.42%ISRG Intuitive Surgical6.82%ZBH Zimmer Biomet Holdings Inc4.20%DHR Danaher Corp4.11%SYK Stryker Corp4.07%IART Integra LifeSciences Holdings Corp3.37%COO Cooper Companies Inc3.30%WMGI Wright Medical Group NV2.34%ABT Abbott Laboratories2.32%

Feb 24, 2017 at 09:44 o\clock

Hospital Hack Spotlights How Medical Devices and Systems Are at Risk

The recent breach of a computer system at a hospital in Los Angeles is highlighting the dangers of hackers targeting medical data and devices.

The Hollywood Presbyterian Medical Center paid nearly $17,000 to hackers after their communications were shut down in a "ransomware" attack earlier this month, hospital officials told ABC News on Wednesday. The hospital paid the fee in 40 bitcoins to get access to their system again, officials said. Bitcoin is an electronic currency often used for online transactions.

Hospitals and medical providers can provide a trove of valuable information that hackers are eager to get their hands on, experts said.

Thomas Lewis, Partner-in-Charge at LBMC Information Security, said hospitals have become more of a target in recent years as Wi-Fi has made them more vulnerable to data breaches or being encrypted with "ransomware -- a program that shuts down a system until a ransom is paid.

"Hospitals are a new target" Lewis told ABC News, explaining there are often multiple ways for a would-be hacker to access the system.

"Wireless networks are scattered throughout a hospital connecting their corporate systems and their medical systems, providing a target-rich environment," Lewis said. "This situation, when coupled with open physical access that hospitals have to maintain, provides a huge challenge for securing the environment."

As devices become more connected through networks, there have also been concerns that hackers could target devices implanted in humans, such as insulin pumps or pacemakers. A 2013 report found that 300 devices made by 40 manufacturers may be vulnerable due to password settings that could "permit privileged access to devices" that would normally be used only by a service technician, according to the Department of Homeland Security's Industrial Control Systems Cyber Security Emergency Response Team.

These devices included ventilators, anesthesia devices, drug infusion pumps and external defibrillators. The team worked with the U.S. Food and Drug Administration and manufacturers and fixed the password-related vulnerabilities identified. The team clarified that there was no evidence that anyone has been hurt by a cyber-attack on a medical device.

Wade Woolwine, director of Threat Detection and Response at the security company Rapid 7, said hackers are more focused on getting data from hospitals rather than inflicting harm on patients.

"Attackers, more than any other time in the past, operate as a business -- a very dark market business, but still a business," Woolwine explained. "There isn't a whole lot of money in disrupting someone's pacemaker."

However, this does not mean that implanted devices are free from harm, Woolwine said, noting that after vulnerabilities come to light, "some of the manufacturers have responded with implementing better security controls."

A larger concern, Lewis said, is that there is a chance a hacker attempting to get patient data could accidentally knock out medical devices connected to the Wi-Fi network, such as an MRI or X-ray machine.

Hackers currently don't seem to be interested in going after implantable devices, Lewis said, but it might be more of a concern in a "national security" setting.

"They may be targeting a high-profile figure, but that is usually very rare," he explained.

Both Lewis and Woolwine said it is imperative that hospitals and medical providers prepare for these attacks and go through security measures every year to protect themselves and safeguard patient data.

"If you steal money, you know it's gone," Lewis said. "But when you steal data, you never know it's gone."

Feb 23, 2017 at 11:30 o\clock

[oil] China's First 400 Ft Jack-up Drilling Platform Built In Dalian - The Oil Industry

HC Network Petrochemical News: Yesterday morning, in Dalian Shipping Heavy Industry Group Co., Ltd. from China Oilfield Service Corporation, China Shipbuilding Heavy Industry International Trading Co., Ltd., Dalian Shipbuilding Industry Group Co., Ltd. China's first 400 feet at the jack-up drilling platform (offshore oil 941) handover ceremony was held. The largest, highest degree of automation, operating depth of the deepest, with the contemporary international advanced level of 400 feet drilling platform (JU2000) Handing Over The completion marks included in the national "Eleventh Five-Year Plan" the development of large offshore oil equipment, a major breakthrough, the protection of our large-scale offshore petroleum resource development, the implementation of energy Security Strategic significance.

Deep-sea oil operations offshore oil industry is an important front, a long time, by the China National Offshore Oil Exploration and Development of limited technical equipment, marine oil development only in coastal waters. At present, an operating water depth of the deepest offshore oil drilling platform is only 80 meters. With the development and utilization of China's offshore oil and gas resources from the coastal waters to the deep water, offshore oil equipment in large demand gradually increased. March 2004, Dalian Shipbuilding Industry and CNOOC signed a two contract drilling platform 400 feet, while the same type of drilling platform had in the world only two. Handing Over of the offshore oil COSL941 built jack-up rigs to achieve a fully automatic control, the length of 75 feet cantilever drilling platform. Taiwan has around before and after drilling Mobile , An orientation up to drill 30 wells, rated water depth of 400 feet, in 122 m water depth drilling. Adverse sea conditions to meet the operating, drilling platform 400 feet of material, welding technology and precision, have very high requirements. In this regard, Dalian Shipbuilding Industry Train More than 100 qualified welders with 6GR, and have overcome a leg, the control system, high Low Mud system and other key technical process. 167 m leg through the completion of docking ship lift, which in the domestic maritime Project Construction is the first time, the lift Gear Box More than 1,700 parts by the assembly, the construction is very high precision. Dalian Shipbuilding Industry set up a research group, construction workers strict quality control during construction, well operations, the final break up of technical and construction challenges and worked to ensure that the drilling platform 400 feet of construction quality and progress.

Recent years, the Dalian Shipbuilding Industry Group Co., Ltd. in strengthening and expanding its main business while shipbuilding, marine engineering and vigorously develop the market for domestic and foreign owners have built a marine engineering module, F PS O, integrated test vessel, duct work underwater vessel, BG9000 semi-submersible drilling platforms, drilling platforms, air-cushion combination, domestic and foreign owners of recognition and trust. It is understood that this year alone, the output value of marine engineering can be a chunk of the company's 30%. Currently, Dalian Shipbuilding Industry has the same type of rig contracts 4. In which the United States (NOBLE) two drilling platform built by Dalian Shipbuilding Industry Co., Ltd. signed a general contractor, and this is the first time in domestic shipyards.

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Feb 21, 2017 at 07:21 o\clock

Respironics to settle U.S. kickback charges for $34.8 million | Reuters

Respironics Inc has agreed to pay $34.8 million to settle U.S. Department of Justice claims that it provided kickbacks in the form of free call center services to suppliers, to induce them to buy its masks for patients suffering from sleep apnea.

Wednesday's settlement with the unit of Royal Philips NV resolves whistleblower claims originally brought by Dr. Gibran Ameer, a South Carolina pharmacist who worked for medical equipment suppliers that bought the masks.

Sleep apnea causes people to have breathing pauses that last at least a few seconds while they try to sleep.

More than 18 million Americans have the condition, according to the nonprofit National Sleep Foundation. Obstructive sleep apnea, the most common type, occurs when an airway collapses or becomes blocked.

The Justice Department said Respironics violated the federal False Claims Act by providing medical equipment suppliers with the call center services through its "Fit for Life" program, so long as their patients used its masks. It said the scheme ran from April 2012 to November 2015.

"Americans deserve to know that when they are prescribed a device to treat a serious health care problem, the supplier's judgment has not been compromised by illegal payments from equipment manufacturers," Benjamin Mizer, head of the Justice Department's civil division, said in a statement.

A spokesman for Amsterdam-based Philips said the accord offers "heightened clarity and transparency" for regulators and customers.

He also said Respironics "continues to have a good-faith belief that the Fit for Life program offered a permissible bundled discount of Respironics' masks and resupply services under the appropriate discount safe harbors."

Respironics has offices in Murrysville, Pennsylvania.

The Justice Department said $34.14 million of the settlement will go to the federal government, and the remainder to various state governments. Ameer will receive $5.38 million from the federal government's share, it said.

The False Claims Act lets whistleblowers bring claims on behalf of the federal government and share in recoveries.

The case is U.S. ex rel Ameer v Respironics Inc, U.S. District Court, District of South Carolina, No. 14-02077.

(Reporting by Jonathan Stempel in New York; Editing by Lisa Von Ahn)

Feb 18, 2017 at 23:15 o\clock

Your One-Stop Shop For Bubble Wrap And Packaging Supplies by Timmy Vic

Crownhill Packaging Ltd: Your One-Stop Shop For Bubble Wrap And Packaging Supplies

 by: Timmy Vic

Bubble Cushioning [also popularly known as Bubble Wrap] offers great protection against shock, vibration, and abrasion for the most sensitive and fragile materials. The lightweight, clean, and flexible nature of bubble cushioning makes it a good alternative to loose-fill packaging. If you are looking for a bubble cushioning/Bubble Wrap supplier in the Greater Toronto Area, look no further than Crownhill Packaging Ltd, a Brampton, Ontario-based supplier of packaging solutions and packaging supplies.

As one of the top suppliers of bubble cushioning and bubble wrap servicing clients in Toronto [GTA], Ontario and Canada, Crownhill Packaging Ltd offers a wide selection of bubble cushioning and Sealed Air bubble wrap. These include anti-static bubble cushioning which protects sensitive products against electrostatic discharge, and adhesive bubble cushioning which adheres to a wide variety of surfaces without leaving a residue. Anti-static bubble cushioning can be used for electronics, medical equipment and computer parts while the adhesive can be used for auto parts, general equipment, appliances, furniture, and household goods.

Other varieties include cohesive bubble cushioning, bubble bags, and bubble-in-a-box. If you're looking for multi-layered protection, you can opt for laminates and third web, which come with triple-layer construction and offer premium product cushioning. These resist tears and punctures and can be used for moving applications. Crownhill Packaging provides complete solutions that include product delivery across Canada and US.

In addition to this diverse range of bubble cushioning, Crownhill Packaging Ltd customers can create their own bubble cushioning on demand or convert existing bubble cushioning to suit specific needs. If bubble cushioning isn't your preferred packaging material, Crownhill Packaging Ltd offers a selection of top-of-the-line cushioned mailers, foam, tape, and corrugate among others.

However, Crownhill Packaging's expertise doesn't end with bubble cushioning, bubble wrap and packaging materials. In addition to providing top-of-the-line bubble cushioning and bubble wrap, the Brampton, Ontario- based packager offers complete packaging solutions and packaging supplies. These include POP displays, poly-bagging, shipping, gluing, distribution, and product assembly services. Many of these packaging solutions can be customized to meet your specific needs.

Crownhill Packaging Ltd also boasts a team of distribution experts, who can assist in matters such as shipping and inventory control. By working in collaboration with some of the world's major manufacturers, Crownhill Packaging Ltd does everything in its power to ensure that the products and services that it offers are of the highest quality.

In addition, Crownhill Packaging Ltd offers shipping and warehousing facilities in Brampton, Ontario, Collingwood, Ontario, and Chicago, Illinois that are second to none. Its 208,000 sq. ft. Brampton facility comes with 14 loading docks, and the latest technology for tracking and inventory control. In Chicago and Collingwood, Crownhill Packaging Ltd has a 50,000 sq. ft. facility. The Chicago facility comes with four loading docks, and two drive-through loading docks.

Crownhill Packaging Ltd has demonstrated its commitment to the environment by continually providing environmentally-friendly products. They are certified by the Rainforest Alliance and are a certified chain-of-custody supplier to the Forest Stewardship Council.

In Canada, you can find and purchase all of Crownhill Packaging quality packaging products and packaging supplies including bubble cushioning and bubble wrap at the following retail stores: Grand and Toy, Wal-Mart, Staples Advantage, Basics Office Products, Lyreco and many others. If you are a US company and need to order bubble cushioning, bubble wrap or other packaging supplies you can access the Crownhill Packaging Ltd online catalogue and order through the Crownhill online ordering system, visit

* Bubble Wrap, is a registered trademark of Sealed Air and describes Sealed Air air cellular cushioning material. Crownhill Packaging Ltd. is a proud sales and distribution partner for Sealed Air products throughout Canada.

For bubble cushioning and bubble wrap product orders, wholesale orders, general packaging supplies product inquiries or more information on how you can grow your business and optimize your profits through the services of a world-class packaging company, visit crownhillpackaging.