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GAO says H1N1 flu could lead to Internet traffic jams

One known consequence of the spread of the H1N1 flu? Possible, short-term school closures, as well as keeping under-the-weather kids out of school, to help contain the virus.

One little-known consequence? Traffic jams on the Internet, caused by all those school kids and adults out sick from work, logging on to the Web from home -- something that could overwhelm Internet networks, a Government Accountability Office study warns, and The Washington Post reported. To read the full GAO report, click here.

Continue reading GAO says H1N1 flu could lead to Internet traffic jams

Sideways stock movement likely over for Becton Dickinson

Medical equipment giant Becton Dickinson's (NYSE: BDX) stock has meandered since recommended on March 17, 2009 at a price of $65.66, with volatility, most likely due to U.S. federal health care reform legislation uncertainty, but look for better quarters ahead, when the dust settles, which is why I'm reiterating my Buy rating for the company's shares.

In FY2010, Becton's revenue growth should total about 5-7%, after essentially flat revenue in FY2009. Hospital spending cutbacks will hurt, but BDX will make up for the aforementioned with increased government orders, lower operating costs, and moderating raw material costs.

Continue reading Sideways stock movement likely over for Becton Dickinson

Early trials indicate H1N1 flu vaccine working with just one shot

Early clinical trials are showing that the H1F1 flu vaccine is working with just one shot or dose, instead of two, The New York Times reported -- and that means vaccine supplies will go twice as far as predicted.

The significance? If the one-shot treatment holds, that means it should be possible to vaccinate all 159 million people in the Centers for Disease Control and Prevention's high risk groups: pregnant women, people under age 24 or caring for infants, people with high-risk medical conditions, and health care workers.

Continue reading Early trials indicate H1N1 flu vaccine working with just one shot

Closing Bell: When news and earnings exhaustion occurs (BCRX, BAC, CIT, GE, GOOG, SU, YHOO, MSFT)

This was one of those low-report days for economic data. We had two current and one former DJIA components report earnings and the earnings reactions today were only so so. Today's action felt like a long week that ended the start of earnings season where traders just wanted that closing bell to come. The DJIA and S&P were so mixed throughout the day that knowing where the markets were was a guess more than a feel.

Here are today's unofficial closing bell levels:

Dow 8,743.94 +32.12 (0.37%)
S&P 500 940.38 -0.36 (-0.04%)
Nasdaq 1,886.61 +1.58 (0.08%)

Top Analyst Upgrades/Downgrades

Continue reading Closing Bell: When news and earnings exhaustion occurs (BCRX, BAC, CIT, GE, GOOG, SU, YHOO, MSFT)

Fluoogle: Google will use searches to track flu's spread

In yet another example of how technology and the Internet can, potentially, both increase efficiency and transform business models, Google said it is now testing a new Web tool that's tracking fast-spreading flu outbreaks, The New York Times reported Wednesday.

Called Google Flu Trends, Google's philanthropic arm is testing the tool, which developers say may be able to detect regional outbreaks of the flu a week to 10 days before they are reported by the U.S. Centers for Disease Control and Prevention, The Times reported.

"It turns out that traditional flu surveillance systems take 1-2 weeks to collect and release surveillance data, but Google search queries can be automatically counted very quickly," Google said on its official blog, the Agence France-Presse reported Wednesday. For now, the service will track only flu cases in the United States, but Google is hoping to eventually use the technique to track the flu worldwide, The Times reported.

Google, Inc.'s (NYSE: GOOG) shares fell $15.97 to $295.49 Wednesday afternoon amid a broader market sell-off.

Continue reading Fluoogle: Google will use searches to track flu's spread

Who's for McMedicine?

I love going to the drugstore. Whether it's CVS (NYSE: CVS) or my neighborhood Walgreen (NYSE: WAG), I love the convenience of being able to buy everything I need and everything I don't need in one place. I buy lots of Entenmann's donuts, toothpaste, and school supplies at my local store. And now, I may be able to get a flu shot at the store as well.

The New York Times ran an article today entitled "Should Pharmacists Give Flu Shots?" It seems New York City has been suffering from increasingly bad flu seasons. To combat such breakouts, the city is now attempting to pass a bill allowing pharmacists to give flu and pneumonia shots.

The same article quoted the Department of Health as saying that influenza is "now widespread in New York City, with more than 1,000 flu-related visits to emergency rooms each day. Some 20 percent of the current flu vaccine supply is unused."

I feel my local drugstore is competent to sell me nail clippers and gum, but do we really want these stores dispensing medical services?

Zack Miller is the managing editor of IsraelNewsletter.com and a former equity analyst for a leading multinational hedge fund.

Symbol Lookup
IndexesChangePrice
DJIA-17.2410,433.71
NASDAQ-6.832,169.18
S&P 500-0.591,105.65

Last updated: November 25, 2009: 07:55 AM

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