ReleaseWire

The Harelik Team, a leading Palm Beach real estate group, recently announced the addition of multiple communities to its website. The real estate group’s website TheHarelikTeam.com is known for being a top resource for all things related to Palm Beach real estate added Boca Raton, Boynton Beach, Delray Beach, West Palm Beach, Lake Worth, Loxahatchee and Royal West Palm Beach to its repertoire of communities. The pages feature images and information about the communities along with price ranges on homes for sale.

Nicamaka, a leading provider of outdoor furniture, recently launched a website with dozens of top brand outdoor umbrellas to choose from. The website offers umbrellas from top brands like FIBERBILT, NEO, POGGESI and SKY-SPAN. The umbrellas are largely for commercial use but have a great selection of items for personal use as well. The umbrellas are also offered with custom printing for branding purposes and serve customers in the US, Canada and the Caribbean.

If you are looking to bet on your favorite sports team, then there is only one website where you would have the most fun and that is agen-sbobet.com. There are more than 500 events every week that you can place your bet on and there is no other website that can give you better odds than Sbobet.

Matrix Renovations, a leading hotel renovations company in Miami, Florida, recently announced the offering of recycling and liquidation services for hotels and hospitality establishments. The company offers a litany of renovation services including site work, specialty renovations, FF&E services, TV installation and has now added liquidation and recycling to its repertoire.

A well-known deep sea fishing charter The THERAPY-IV recently began offering Miami inshore fishing trips and received huge response in bookings, according to the deep sea fishing charter.

There is no better place to play in the summer than in your own pool. As the summer temperatures begin to rise, so do the waters in the backyard pools around the neighborhood. If your home is one of those on the block that quickly becomes a back yard oasis to neighborhood kids and adults alike, then you want to make sure that it is in excellent shape and ready for a summer of entertaining.

CPAP is short for the term “ Continuous Positive Airway Pressure”. CPAP is the gold standard in treatment for the condition of sleep apnea. Sleep A pnea is when the airway closes during sleep and has major implications for someone’s life. The symptoms of sleep apnea are snoring, continuous wakening, daytime fatigue and also has long term effects such as hypertension. CPAP works by creating a pneumatic splint in someone’s upper airway which keeps the airway open. Depending upon the severity of the condition and the patient’s anatomy the pressure will vary between each individual.

Parents of college students may have a hard time getting information during emergencies due to strict privacy laws, according to attorney Rania Combs. That’s because when a child turns 18, they’ve reached the age of majority; that means parents no longer have access to their medical information, financial affairs or other records they may need during an emergency situation.

Is your business seeking to cut direct administration and office management costs? Then the services of a virtual assistant or remote secretary can help you to achieve just that and take some of the load off your mind. That’s the general ethos behind ‘Your Elite VA’, a new start-up based close to Norwich in the UK, but able to service clients not only in the local area but nationally and internationally also.

The bill itself leaves many details to be decided, and parties with gas, nuclear, and renewable generation interests will be taking every opportunity to lobby politicians to shift the finer details to their advantage.

Beer recorded 4% total volume growth in 2011 but a stronger 8% current value increase. The category continued to grow due to the decline of imported brands and an increase in domestic production, making some brands more affordable and more widely available. However, average unit price increased, particularly in the on-trade due to the reduced number of restaurants and bars with a licence to sell alcoholic drinks.

Coffee sales continued to increase in 2011, with Switzerland continuing to have one of the three highest per capita coffee consumption rates in Europe. The traditional, long espresso or "kaffeecreme" remains the most popular on-trade drink. However, the trend towards traditional espresso continues both on-and off-trade.

BMI View: Improving rainfalls in April helped grains yields to recover and we maintain our view for production to increase in 2012/13. This will help the country to increase its export capacity, especially as the Black Sea region is forecast to have a slightly smaller output next season. We have slightly upgraded our outlook for the UK pork industry as recent export deals with China could boost the industry's revenues and therefore encourage pork production in the medium term. The recent offer by Nordic company Arla Foods to buy the UK's fourth largest dairy, the cooperative Milk Link, should benefit the UK dairy sector, where farmers are experiencing tight margins and pressure from supermarkets to decrease prices.

BMI View: The election of Francois Hollande as the new French president and his continued affirmation on growth-led policies over spending cuts has prompted BMI to revise up its 2012 forecast for the country's construction industry value, from 0.8% year-on-year (y-o-y) growth to 1.2%. Between 2012 and the end of our 10-year forecast period in 2021, we expect the industry to grow by an annual average of 1.9%.

The big change to Canadian banking sector data since Q311 has been the shift in accounting standards to International Financial Reporting Standards (IFRS) as of November 2011. This has affected Canadian bank balance sheets in several different ways. Most importantly, residential mortgages that were securitised and insured by the Canada Mortgage and Housing Corporation, which had been held off the books, have now been recognised on balance sheets. This has substantially increased the aggregate recorded level of assets and loans in the system by roughly CAD350bn and CAD280bn, respectively. This has had a major knock-on effect on our estimates. For example, we had forecast loan growth of 9.0% in 2011. Loans had increased by 9.3% y-o-y as of October 2011, but following the accounting changes this growth figure rose to over 32% by the end of 2011. Furthermore, the IFRS restatements have lowered shareholders' equity (by around CAD18bn), and thus increased leverage ratios. The loan-deposit ratio has increased from around 1.00 to around 1.22, due to a minimal change in the deposits category of the balance sheet. The IFRS switch will not immediately affect Canadian banks' capital adequacy, as regulators are allowing a five-quarter transition period beginning in Q112 before it counts against Tier 1 capital requirements. Therefore we do not see any significant operational concerns arising from the Canada Commercial Banking Report Q2 2012 © Business Monitor International Ltd Page 22 accounting change. However, until historic data series are restated, the move to IFRS reporting means that previous years' data for assets, loans and equity will not be directly comparable. Our general outlook for loan and deposit growth in the sector is generally unchanged, however. Canadian banks had a strong 2011 financial year, with net income growth for the big six banks ranging from 16% (RBC, when only continuing operations are included) to 27% (Toronto-Dominion). Importantly, the major banks have lowered their provisions for credit losses by CAD5.3bn, a significant chunk of the total CAD23.8bn in total net income. We believe that low default rates and mortgage arrears justify the lowering of provisions. Strong earnings have meant that capital ratios remain strong even despite the IFRS changes, with Tier I capital ratios ranging from 12.0% for BMO to 14.7% for CIBC. We continue to believe that Canadian banks are among the safest in the world. However, we continue to see only modest prospects for domestic loan growth, and are currently forecasting 8.0% loan growth in 2012, followed by 6.5% in 2013. On the mortgage side (which represents over 50% of total loans) we believe the housing market has reached a plateau. The low-hanging fruit of low interest rates has been plucked, and with house price growth leveling off, we see y-o-y mortgage growth sliding from a peak of 12.9% in August 2011 to somewhere in the historic range of 7-9%. Consumer cred

Core Views We maintain our bearish view on the Australian economy despite improved economic growth numbers in Q211. Headline real GDP for the quarter increased by a seasonally adjusted 1.2% quarter-onquarter (q-o-q), reversing the 0.9% decline in Q111. With consumer confidence and overseas demand for Australian resources set to weaken owing to slowing global trade conditions, we believe any booster from post-flood reconstruction will only be temporary. With these factors in mind, we project growth to come in at only 1.8% in 2011, before decelerating further to 1.6% in 2012. The ruling Australian Labor Party's grip on power has become increasingly tenuous, and it has been scoring dangerously low in opinion polls. The introduction of the carbon tax in early H211 should provide some brief respite in terms of better support from the Australian Greens, a political ally in parliament. An Australian Labor Party defeat would have implications for a number of national issues, including broadband access, carbon tax and laws on industrial relations. Monetary policy will be kept accommodative in order to drive the post-disaster recovery efforts, with the benchmark official cash rate maintained at 4.75% until the end of 2011, although risks of earlier-than-expected easing are mounting. Indeed, headline inflation moderated to 3.5% year-on-year (y-o-y) in Q311 from 3.6% in the preceding quarter, and should moderate further as consumer spending remains cautious amid weakening property prices. This should compel the Reserve Bank of Australia to progressively ease the benchmark rate in 2012, slashing a total of 100 basis points to just 3.75% by the end of 2012. Major Forecast Changes We upgraded our 2011 average forecast for the Australian dollar to US $1.0500/AUD from US $1.0200/AUD previously on the back of stronger currency performance in recent months. The average figure for 2012 is now US $0.9000/AUD , as a sharp slowdown in financial inflows on account of the weakening property market places downward pressure on the currency. Our monetary policy outlook has become considerably more dovish as we have downgraded the benchmark cash rate projections for 2012, ending the year at 3.75% (from 4.50% previously). Key Risks To Outlook A weaker-than-expected growth outturn in China would weaker the economic performance of Australia given that Chinese demand is the largest driver of Australian exports, including coal and iron ore. Should Chinese policymakers embark on another round of aggressive stimulus measures, then we could see demand for Australian exports rise, supporting real GDP growth and the Australian dollar. Canberra faces the risk of a widening fiscal gap if an Australian property slump turns into a crash. We highlight that a sharp fall in residential home prices would place immense strain on mortgageladen Australian banks. In order to prevent financial panic, government intervention would be needed in this

The homewares category is enjoying a very good performance, both in dining and kitchen products. Value growth was driven by growing demand for such products at the end of the review period, with an increasing number of consumers and families buying more dinnerware, utensils and beverageware. These products are not perceived as essential to have in large amounts, but as income levels rose more families purchased a greater number of such items to have more complete sets.

AFH products recorded sluggish retail volume sales growth of 1% in 2011. The most important factor underlying this was the continued harsh economic environment and sluggish sales to hotels and restaurants, which was further punctuated by the eurozone debt crisis and turbulence that followed during the second half of 2011. This resulted in fewer domestic, as well as foreign, customers in hotels and restaurants.

Apart from the regulatory environment surrounding incontinence products (ie subsidies), demographic trends are the most important factors behind growth for the category. As in most European countries, Sweden is facing an ageing population. In 2011 the population aged 65+ increased by 3% and since 2006 this age group has increased by 11%. This development makes the potential consumer base for incontinence products greater each year.

Having mounted a reasonably strong recovery from the impact of the economic crisis in 2010, in 2011 dishwashers recorded a substantial slowdown in volume and current value sales growth. Volume growth was also slower than the CAGR for the entire review period, while current value growth was only slightly faster than the 5-year average. This comparatively sluggish performance was mainly due to signs that the French economy was slipping back into recession. Worsening economic conditions...

Following implementation of the smoking ban by various local governments in their respective localities in 2010, a smoking ban was also declared in Metro Manila in the first half of 2011. The announcement was followed by a month-long information campaign to remind Filipinos of the Tobacco Regulation Act of 2003, which prohibits smoking in public areas. While the Metro Manila Development Authority ensured strict enforcement and monitoring of the smoking ban, there was not a significant impact on...

Belgian consumers are not traditionally tea drinkers, much preferring coffee over tea. They are nonetheless increasingly aware of the health benefits of tea and this realisation has had a positive impact on sales of certain types of tea, although not the wider tea category. Health and wellness is currently the driving force behind tea, particularly benefiting products such as green tea, slimming teas and herbal/traditional medicinal teas.

Sports and energy drinks continued to perform well in 2011, posting total volume growth of 9% and current value growth of 11%. Increasingly busy lifestyles helped drive the growth of sports and energy drinks in 2011, with the category enjoying slightly stronger volume growth than the previous year. Sports and energy drinks offer convenience as they help consumers to maintain their stamina and recover quickly after exercising.

Pouches continue to go from strength to strength in wet cat food. Visiting supermarkets consumers are now confronted with many shelves of pouches, with metal cans relegated to shelves at the bottom. 100ml aluminium/plastic pouches holds the highest filled volume share in wet cat food (and by far the highest unit volume share), with the slightly smaller 85g also rapidly gaining share. The success and permanence of pouches can be seen in the proliferation of multipacks. Packs containing 12...

GlobalData's pharmaceuticals report, "Namenda (Alzheimer's disease) - Analysis and Forecasts to 2022" provides Namenda global sales estimates. In addition, it covers detailed clinical assessment of the drug, factors impacting drug sales, competitive landscape, and analysis of sales performance during the forecast period (2002-2022). The report also includes information on Alzheimer's disease market. This report is built using data and information sourced from GlobalData's proprietary databases, primary and secondary research using Company's corporate website, SEC filings, investor presentations and featured press releases, both from company and industry-specific third party sources, put together with in-house analysis, by GlobalData's team of industry experts.