Credit Suisse CEO says bank does not need to raise capital: Bloomberg

2016-08-09 11:13:13

Swiss bank Credit Suisse AG (CSGN.S) does not need to raise capital "in most foreseeable scenarios", Chief Executive Tidjane Thiam said in an interview with Bloomberg.Thiam said there was no need for consolidation with other European banks as it would be difficult in "this new environment".Citing strong organic growth, Thiam said Credit Suisse would not need to buy another bank. Credit Suisse (CSGN.S) posted an unexpected second-quarter net profit on July 28, boosting Thiam's efforts to restructure Switzerland's second-biggest bank. The bank's shares were down 48.8 percent this year up to Monday's close. (Reporting by Shalini Nagarajan in Bengaluru; Editing by Sunil Nair)

Florida travel warning issued for pregnant women after more Zika cases

2016-08-02 02:38:15

CHICAGO/NEW YORK U.S. health officials warned pregnant women to avoid traveling to a neighborhood in Miami on Monday after Florida said it had 10 more cases of Zika caused by the bite of local mosquitoes, bringing the total to 14.At the request of Gov. Rick Scott, the U.S. Centers for Disease Control and Prevention is sending in a special emergency response team of eight disease experts to assist Florida in its investigation.The state has been handling the investigation largely on its own since early July, when the first case of a possible Zika infection caused by local mosquitoes was suspected.CDC Director Dr. Thomas Frieden said in a conference call that local mosquito control efforts have not worked as well as hoped, but so far, the outbreak does not appear to have traveled very far."Nothing we have seen suggests widespread Zika virus transmission," Frieden said.The ongoing Zika outbreak was first detected last year in Brazil, where it has been linked to more than 1,700 cases of the birth defect microcephaly. Since that time the virus has spread rapidly through the Americas and its arrival in the continental United States had been widely anticipated.On Friday, Florida said the first four cases of Zika in the state likely were caused by mosquitoes, the first sign that the virus is circulating locally, although it has yet to identify mosquitoes carrying the disease. The 10 new cases announced on Monday bring the total to 14. Of these, 12 are men and 2 are women.Dr. William Schaffner, an infectious disease expert at Vanderbilt University School of Medicine, said there is concern that people infected in Florida will travel to other areas of the country where Zika could then be spread through local mosquitoes there.The CDC advised people returning from the affected area of Florida to use mosquito repellent for three weeks to protect their families and guard against further transmission at home. It also recommended that women avoid getting pregnant for up to eight weeks after returning from the affected area.The agency said that pregnant women who live in or traveled to the affected area after June 15 should be tested for Zika.A map of the neighborhood can be found here: hereFlorida health officials initially tested individuals in three locations in Miami-Dade and Broward counties, but ruled out two of those locations. Six of the 10 new cases are asymptomatic and were identified through a door-to-door campaign, which involved the collection of urine samples. Infectious disease experts expressed doubt that the outbreak was contained to such a small area of Miami. "To assume that it's just restricted to these few square blocks is presumptuous," said Dr. Peter Hotez, dean for the National School of Tropical Medicine at Baylor College of Medicine in Houston.Hotez believes there are other likely local outbreaks occurring and that more can be expected in the next six weeks in Florida and other Gulf Coast states where the mosquito that carries the virus is common.CONCERNS ABOUT SPREADINGFlorida said it began investigating a possible case of local Zika transmission on July 7. But the CDC was first informed of the case on July 18, a day before the state announced it had a possible case of non-travel related Zika, according to CDC spokeswoman Kathy Harben. CDC has been coordinating with Florida officials and sent Dr. Marc Fischer, a CDC epidemiologist, on July 22 at the state's request.Reuters was first to report that as of last Friday, Florida still had not activated a CDC Emergency Response Team (CERT) to help with its investigation, raising concerns from infectious disease experts that the state was not taking every step it could to contain the spread of Zika in the continental United States.Frieden said in a conference call there were signs of possible local transmission as early as mid-June.He said a full emergency response team - which include experts in epidemiology, vector control and logistics - will be on the ground in Florida on Tuesday.White House spokesman Eric Shultz told reporters on Air Force One that the president has been continually briefed on the situation in South Florida.Schultz said Florida will be redoubling its vector control efforts in the outbreak area, which involves a 1-square-mile (2.6 square km) area in the mixed-use area north of downtown Miami. CDC said pregnant women who live or work in the area and their partners should make every effort to avoid mosquito bites.Schaffner and Hotez said the government must come up with proper funding to fight Zika. "Local and state health department budgets are very tight," Schaffner said.President Barack Obama asked Congress for $1.9 billion to fund a Zika response last spring, but arguments over funding levels resulted in a stalemate, and Congress adjourned for the summer without authorizing any funding. (Reporting by Julie Steenhuysen and Bill Berkrot; additional reporting by Ayesha Rascoe in Washington; Editing by Bill Trott and Bernard Orr)

First baby with Zika-related birth defect born in New York City

2016-07-25 17:33:18

New York City has reported its first case of a baby born with the birth defect microcephaly related to exposure to the Zika virus, health officials said on Friday.New York City Department of Health officials said the baby's mother was infected after traveling to an area with ongoing Zika transmission. They declined to provide further details about the mother or child.So far, the city has reported 346 cases of Zika infections, all related to travel. Of these, four have been linked to sexual transmission, including the first case ever of a woman transmitting the virus to a male partner.U.S. health officials have concluded that Zika infections in pregnant women can cause microcephaly, a birth defect marked by small head size that can lead to severe developmental problems in babies. According to the U.S. Centers for Disease Control and Prevention, there have now been 12 confirmed cases of babies born with microcephaly in the United States, and more than 400 pregnant woman in the continental U.S. have evidence of Zika infection.Health officials in Florida have been working with the CDC to determine if Zika has arrived in the United States after two residents who have not traveled to areas infected with Zika tested positive for the mosquito-borne virus. The connection between Zika and microcephaly first came to light last fall in Brazil, which has now confirmed more than 1,600 cases of microcephaly that it considers to be related to Zika infections in the mothers. So far, 1,404 people in 46 U.S. states have contracted Zika, including 15 cases that were sexually acquired. CDC is also investigating one possible case of person-to-person transmission of Zika in Utah. (Reporting by Michael Hirtzer in Chicago; editing by Julie Steenhuysen and Bernard Orr)

Zika mystery widens as Utah caregiver contracts virus

2016-07-19 07:28:58

CHICAGO U.S. health officials are investigating the mysterious case of a person in Utah who contracted Zika while caring for an elderly man infected with the virus who died last month.Federal and state health officials said on Monday it is not clear how the individual contracted Zika, a virus that is most typically transmitted by the bite of an infected mosquito and occasionally through sex with an infected person.The person had not traveled to an area with active Zika transmission nor had sex with a person who had recently returned from such a place. Health officials say they are not aware of any mosquitoes in Utah that are capable of transmitting the virus.“The new case in Utah is a surprise, showing that we still have more to learn about Zika,” said Dr. Erin Staples, CDC's medical epidemiologist who is in Utah leading an investigation into how the infection occurred.“Fortunately, the patient recovered quickly, and from what we have seen with more than 1,300 travel-associated cases of Zika in the continental United States and Hawaii, non-sexual spread from one person to another does not appear to be common.”Experts outside the CDC say the most likely possibility is that the person came into contact with blood or urine or other bodily fluids while caring for the infected person."We are still doing a lot of investigation to understand whether Zika can be spread person-to-person through contact with a sick person," said Dr. Satish Pillai of the CDC, who is investigating the case. Gary Edwards, director of the Salt Lake County Health Department, said the infected individual is a family contact of the man who died.The cause of the deceased person's death is still under investigation, but the man was infected with Zika at the time of death and officials believe the virus was a contributing factor. He contracted Zika on a trip to a country with active transmission."We know that the patient had contact with the deceased patient while the deceased patient was very ill. The exact nature of that contact, we are still investigating," Edwards said.CDC tests showed extremely high levels of virus in the deceased man's blood, which were more than 100,000 times higher than seen in other samples of infected people. "This is a very unique situation with these elevated viral loads that we haven't previously seen," Pillai told reporters in a telephone briefing.Dr. Michael Bell, a CDC medical epidemiologist, said it was not clear whether the man's underlying condition had diminished his immune system, allowing the virus to replicate unchecked, or if the virus simply overpowered his immune system.Bell said CDC is taking the high viral load issue very seriously, but said it is "too early to make a clear statement about what we think could have happened."Dr. Amesh Adalja, a spokesman for the Infectious Diseases Society of America, said it will be important to know whether the family contact of the deceased man had any skin lacerations or skin disease that might have allowed the virus access to the patient's blood. "We know bodily fluids like saliva and urine can harbor the virus, he said.Health officials are also investigating whether mosquitoes might have played a role. Tom Hudachko, director of communications for the Utah Department of Health, said state officials are not aware of any mosquitoes known to carry the Zika virus within Utah. He said there were a few Aedes aegypti mosquitoes - the kind that carry Zika - discovered in traps in the southwestern parts of the state several years ago, but there have not been any since.Utah does not have any Aedes albopictus mosquitoes, the other type that has been found capable of transmitting Zika. Health officials are doing mosquito trapping and testing near the deceased patient's home "to make sure this is not a potential route of transmission," Hudachko said.As of July 13, 2016, 1,306 cases of Zika have been reported in the continental United States and Hawaii; none of these have been the result of local spread by mosquitoes. Of these, 14 are believed to be the result of sexual transmission and one was the result of laboratory exposure. (Reporting by Julie Steenhuysen; Editing by Bernard Orr and Cynthia Osterman)

BRIEF-Imperva sees Q2 non-gaap loss per share $0.20-$0.22

2016-07-11 23:34:02

July 11 Imperva Inc :* Imperva announces preliminary second quarter 2016 financial results * Sees Q2 2016 non-gaap loss per share $0.20 to $0.22 * Sees Q2 2016 revenue $57.5 million to $58 million * Q2 earnings per share view $-0.04, revenue view $66.1 million -- Thomson Reuters I/B/E/S Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +1 646 223 8780)

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