Health News Blog Posting 9 - Health Products: December 12, 2007
Health News Blog posts insightful comments on the latest international news that render us taken-aback in the domain of the health facet of life.
Health-News Blog: Health-Products News
Leiner Health-Products corporate credit rating cut to 'CCC' from 'CCC+' - S&P:
December 11, 2007
MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it has lowered the corporate credit rating on Leiner Health Products Inc to 'CCC' from 'CCC+' with a negative outlook reflecting the company's highly leveraged capital structure and lack of pricing flexibility in the highly competitive private-label vitamin market.
'The downgrade follows Leiner's recent announcement that it has hired an advisor and is considering strategic alternatives and that its financial sponsors are expected to contribute 6.5 mln usd of capital,' the ratings agency said.
Following its March 2007 voluntary suspension of production and recall of its over-the-counter (OTC) products, the largest US private-label vitamins, minerals and supplements manufacturer, has been challenged to maintain adequate liquidity, S&P said.
Health News Blog Comment:
Humanity is under a misconception that the health products can really do something good to health.
The belief springs from the concept that it is something from outside taken in that does more good or bad to the body than something happening inside the body-mind system.
We as a species want to hold outside agencies more responsible for our good or bad than we are ready to take the said responsibility on our own self.
The fact is that if we are eating stuff that our body is relishing getting full taste of it without needing to have our favorite dishes for the purpose, we just don't need any extra health product in order to keep our body healthy and energetic.
Even multi-vitamins as food supplements and antibiotics as healing chemicals either go waste or do more harm than good to the body since they either lack the intelligence of the chemicals produced inside the body or they lack the wholeness of the food produced by nature.
I invite you to subscribe to my E-zine titled Life Coach, free of charge.
This E-zine publishes insightful comments on the latest international news that render us taken-aback in the domains of various facets of life.
A not-to-be-missed opportunity!
Subscribe to it here:
I also invite you to subscribe to my Life Blog - no need to provide your e-mail address here.
This RSS feed keeps you informed about new developments taking place on this site.
It also harbors 25 journal bloglets posting insightful comments on the latest international news that render us taken-aback in the domains of various facets of life.
In order to subscribe to the blog, right-click on the orange RSS button (see buttons up to the left) and then paste the URL into your RSS reader.
Or click on add to My Yahoo! button or My MSN or Add To Google button if you keep a personalized home page there.
If you are not sure what RSS or blogging is all about, click on What's an RSS Feed? here: