Navigation Links
Sigma-Aldrich (NASDAQ - SIAL) Reports Record Q2 2014 Results With Sales Of $701 Million And Diluted EPS Of $1.11. Raises Lower-End Of Full-Year 2014 Adjusted Diluted EPS Guidance To A New Range Of $4.32 To $4.40.
Date:7/24/2014

ST. LOUIS, July 24, 2014 /PRNewswire/ --

HIGHLIGHTS:Q2 2014 Results (all percentage changes are against the same period in 2013)

  • Reported sales increased 3% to $701 million.  Sales grew organically by 2%, and changes in foreign currency exchange rates added one percentage point to sales growth.
  • By business unit, organic sales growth was flat in Research, 6% in Applied and 1% in SAFC Commercial.
  • Reported diluted EPS was $1.11 compared to $0.98 in Q2 2013, an increase of 13%.  Adjusted diluted EPS in Q2 2014 was also $1.11 compared to $1.05 in Q2 2013, an increase of 6%.
  • First Six Months of 2014 Results (all percentage changes are against the same period in 2013)

  • Reported sales increased 3% to $1.39 billion.  Sales grew organically 2%, and changes in foreign currency exchange rates added one percentage point to sales growth.
  • By business unit, organic sales growth was flat in Research, 7% in Applied and 2% in SAFC Commercial.
  • Reported diluted EPS was $2.16 compared to $1.99 in 2013, an increase of 9%.  Adjusted diluted EPS was $2.17 compared to $2.06, an increase of over 5%.
  • For the first half of 2014, free cash flow was $232 million compared to $220 million in the same period in 2013, an increase of 5%.
  • CEO's STATEMENT:  Commenting on performance in the second quarter of 2014, President and CEO Rakesh Sachdev said, "We generated 2% organic sales growth led by strong performance in our Applied business unit and an improving U.S. Research environment.  This was despite lower-than-expected sales in SAFC Commercial due to the timing of several large contract manufacturing orders.  Our overall sales outlook for the second half of the year remains on target with higher expected sales growth than the first half of the year, led by the Research and SAFC Commercial business units.

    We achieved a record quarterly adjusted operating income this past quarter and significantly expanded our adjusted operating income margin from the same period last year.  Our adjusted quarterly EPS of $1.11 was also a new record.  We improved our adjusted operating margin, on a constant-currency basis, by 70 basis points.  Our global supply chain initiatives, leverage from higher volumes, pricing, and expense controls contributed to this improvement.

    Sales growth in our Research business unit was flat in the second quarter.  Growth in the U.S. Research market turned positive, led by an improving academic and pharma environment.  EMEA Research academic sales declined early in the quarter due to delays in funding release in certain countries but turned nicely positive in June, and we expect this momentum to continue in the second half of the year.  APAC Research sales were flat in the quarter with strong high-single digit growth in China offset by weakness in India, South Korea and Oceania.  Sales growth through our dealer network remained consistent, and, globally, we continue to make good progress with the Dealers as Partners program. 

    Our Applied business unit had another solid quarter with 6% organic sales growth, led by double-digit growth in the Diagnostic and Testing segment.  We had a strong quarter of sales of critical raw materials, components for diagnostic manufacturing and certified reference materials.  Organic sales growth in the Industrial segment was low-single digits led by another strong quarter of growth in the U.S.  The overall Applied business unit growth was broad-based across all geographies, with China and India demonstrating double-digit growth.

    SAFC Commercial business unit sales grew organically by 1%, led by double-digit growth in the Life Sciences Services segment, offset by a low-to-mid single-digit decline in Life Science Products.  Overall organic sales growth in the Hitech electronics segment was flat with growth in semiconductor precursors offset by continued weakness in LED precursors.

    In the Life Science Products segment, we continued to see strong demand for biopharma materials, including media and buffers.  However, the segment was adversely impacted by the timing of delivery of several large contract manufacturing orders.  Actual order bookings provide good visibility into higher contract manufacturing sales in the second half of the year, particularly in the fourth quarter.

    The Life Science Services segment delivered a strong organic sales performance with double-digit growth in Biopharma services led by our biotesting and safety services, viral clearance and gene therapy platforms."

    Mr. Sachdev continued, "With our reaffirmed second-half sales outlook and positive margin trends, we are raising the lower end of our full-year adjusted diluted EPS guidance to a new range of $4.32 to $4.40 from a prior range of $4.30 to $4.40.

    Overall, we are making good progress on our long-term initiatives.  In all three of our business units, we continue to launch new products and services, expand existing customer relationships and create new ones.  We are encouraged by the improving trends in the Research markets and by the overall customer response to our initiatives, especially in the biopharma, diagnostics and testing markets.  Operationally, we continue to optimize our core business while making new investments for future growth initiatives.  We are in a strong financial position, and we will continue to evaluate and implement attractive opportunities to increase shareholder value."

    Q2 2014 RESULTS:Reported sales for the second quarter of 2014 were $701 million, a 3% increase from the same quarter in 2013.  Organic sales growth in the quarter was 2%.  Changes in foreign currency exchange rates increased reported sales growth by 1%.

    For the first six months of 2014, reported sales were $1.39 billion, a 3% increase from the same period in 2013.  Organic sales growth for the first six months of 2014 was 2%.  Changes in foreign currency exchange rates increased reported sales growth by 1%.

    In the second quarter of 2014, reported sales of the Research business unit ($357 million in sales, 51% of overall sales) grew by 1% from the second quarter of 2013.  Organic sales growth was flat, and changes in foreign currency exchange rates increased sales by 1%.

    Research sales in the Academic/Government/Hospitals segment declined low single digits from the same period last year.  While U.S. sales showed improvement from the first quarter, academic sales were weaker in both the EMEA and APAC regions.  Organic sales growth in the Pharma segment was flat in the second quarter with low single-digit growth in the U.S. and EMEA.  Sales by our dealers grew in the low-to-mid single digit range.

    Reported sales of the Applied business unit ($172 million in sales, 24.5% of overall sales) increased by 7% over the second quarter of 2013.  Organic sales growth was 6% and changes in foreign currency exchange rates increased sales by 1%.  Organic sales growth in the Diagnostics and Testing segment was double digits with contribution from all geographies, led by very strong performance in the APAC region.  Organic sales growth in the Industrial segment was in the low single digits.

    Reported sales of the SAFC Commercial business unit ($172 million in sales, 24.5% of overall sales) grew by 2% over the second quarter of 2013.  Organic sales growth was 1%.  Changes in foreign currency exchange rates increased sales by 2%, and divestitures reduced reported sales by 1%.

    Organic sales growth in the Life Science Products segment declined low-to-mid single digits, primarily due to changes in the timing of delivery of several large contract manufacturing orders.  Biopharma material sales continued to experience solid growth.  Organic sales growth in the Life Science Services segment was in the double-digits for the fourth consecutive quarter.  Organic sales growth in the Hitech electronics segment was flat compared to the same period last year.  Growth in precursors for the semiconductor industry offset declines in LED precursor sales.

    Adjusted operating income in the second quarter of 2014 grew by $7 million over the same period last year.  The adjusted operating income margin was 26.4%, an improvement of 30 basis points from the same period last year despite an approximately 40 basis point headwind from changes in foreign exchange rates net of hedging.

    The effective tax rate for the second quarter of 2014 was 28%, in line with the same period last year.  The effective tax rate for the six months ended June 30, 2014 was 28% as compared to 27% in the same period in 2013.  The higher tax rate in 2014 is primarily due to the lost benefit of the U.S. R&D tax credit, which expired on December 31, 2013, partially offset by increased benefits from favorable tax rates in foreign jurisdictions.

    For the first six months of 2014, cash flow from operations was $287 million as compared to $269 million in the same period last year.  Free cash flow (defined as cash flow from operations less capital expenditures) increased 5% to $232 million as compared to $220 million in the same period last year.

    2014 OUTLOOK:The second half 2014 sales outlook remains unchanged.  Full-year 2014 adjusted EPS outlook is now expected to be in the range of $4.32 to $4.40 as compared to a prior guidance range of $4.30 to $4.40.

  • Organic sales growth for the second half of 2014:
  • Research is expected to be in the low-to-mid single digits.
  • Applied is expected to be in the mid-single digits.
  • SAFC Commercial is expected to be in the mid-single digits.
  • With the first half organic sales growth of 2%, overall full-year 2014 organic sales growth is expected to be in the low-single digit range.
  • Full-year 2014 adjusted operating income margin is expected to improve by approximately 50 basis points.
  • Effective tax rate is expected to be approximately 27%.
  • Net cash provided by operating activities is expected to exceed $600 million.  Capital expenditures are expected to be approximately $130 million.  Free cash flow is expected to exceed $475 million.
  • OTHER INFORMATION:Cash Flow and Debt:  For the first six months of 2014, net cash provided by operating activities was $287 million compared to $269 million in the same period in 2013.  Capital expenditures in the first six months of 2014 were $55 million as compared to $49 million in the same period in 2013.  Free cash flow for the first half of 2014 was $232 million, of which $140 million was returned to shareholders through dividends and share repurchases.  The Company's debt to capital ratio was 10% at June 30, 2014, compared to 11% at December 31, 2013.

    Share Repurchases:  During the first six months of 2014, the Company repurchased 900,000 shares for $85 million.  There were approximately 119 million shares outstanding at June 30, 2014.  The Company expects to continue to offset the dilutive impact of issuing share-based incentive compensation with future repurchases, the timing and amount of which will depend upon market conditions and other factors.

    Conference Call Information:  The Company will hold a conference call to discuss second quarter 2014 financial results on Thursday, July 24, 2014, at 10:00 AM CDT.  To listen, please call (877) 266-0483 (Domestic) or (707) 287-9342 (International) and use Conference ID 22676336.  Interested parties can also listen and view the presentation slides via the Internet at http://investor.sigmaaldrich.com/.

    A replay of the call will be available from 7/24/2014 to 8/01/2014.  For the replay, please call (855) 859-2056 (Domestic) or (404) 537-3406 (International) and use Conference ID 22676336 or go to http://investor.sigmaaldrich.com/ under "Presentations & Events."

    Cautionary Statement:  This release contains forward-looking statements.  Such statements involve risk and uncertainty, including financial and business environment risks and projections.  Such statements include those preceded or followed by, or including the words, "expect," "expects," "expected," "better," "could," "approximately," "would," "likely," "will," or similar expressions, and other statements contained herein regarding matters that are not historical facts.  Additionally, this release contains forward-looking statements relating to future performance, goals, strategic actions and initiatives and similar intentions and beliefs, including, without limitation, statements with respect to the Company's expectations, goals, beliefs, intentions and the like regarding future sales, earnings, return on equity, return on invested capital, cost savings, process improvements, free cash flow, share repurchases, capital expenditures, acquisitions and other matters.  These statements are based on assumptions regarding the Company's operations, investments and acquisitions and conditions in the markets the Company serves.  While the Company believes these statements are reasonable, such statements are subject to risks and uncertainties, including, among others, certain economic, political and technological factors.  Actual results could differ materially from those stated or implied in this release, due to, but not limited to, such factors as (1) global economic conditions and other factors affecting the creditworthiness of our customers around the world, (2) changes in pricing and the competitive environment and the global demand for the Company's products, (3) changes in foreign currency exchange rates, (4) changes in research funding and the success of research and development activities, (5) failure of planned sales initiatives in our Research, Applied and SAFC Commercial business units and global supply chain efficiency improvements, (6) dependence on uninterrupted manufacturing operations and a global supply chain, (7) changes in the regulatory environment in which the Company operates, (8) changes in worldwide tax rates or tax benefits from domestic and international operations, including the matters described in Note 12 – Income Taxes, to the Company's consolidated financial statements included in Item 8 of Part II of the Company's Annual Report on Form 10-K for the year ended December 31, 2013 (the "10-K"), (9) exposure to litigation including product liability claims, (10) the ability to maintain adequate quality standards, (11) reliance on third party package delivery services, (12) an unanticipated increase in interest rates, (13) other changes in the business environment in which the Company operates, (14) acquisitions or divestitures of businesses, (15) the amount of restructuring charges, if any, and (16) the outcome of the outstanding matters described in Note 14 – Contingent Liabilities and Commitments to the Company's consolidated financial statements included in Item 8 of Part II of the 10-K.  A further discussion of the Company's risk factors can be found in Item 1A of Part I of the 10-K.  The Company does not undertake any obligation to update these forward-looking statements.

    About Sigma-Aldrich:  Sigma-Aldrich, headquartered in St. Louis, Missouri, is a leading Life Science and Technology company whose biochemical and organic chemical products, kits and services are used in scientific research, including genomic and proteomic research, biotechnology, pharmaceutical development, the diagnosis of disease and as key components in pharmaceutical, diagnostics and high technology manufacturing.  Sigma-Aldrich customers include more than one million scientists and technologists in life science companies, university and government institutions, hospitals and a wide range of industrial companies.  The Company operates in 37 countries and has more than 9,000 employees whose objective is to provide excellent service worldwide.  Sigma-Aldrich is committed to accelerating customer success through innovation and leadership in Life Science, Technology and Service.  For more information about Sigma-Aldrich, please visit its website at www.sigma-aldrich.com.

    Non-GAAP Financial Measures:  The Company supplements its disclosures made in accordance with accounting principles generally accepted in the United States (U.S. GAAP) with certain non-GAAP financial measures.  The Company does not, and does not suggest investors should, consider such non-GAAP financial measures in isolation from, or as a substitute for, GAAP financial information.  These non-GAAP measures may not be consistent with the presentation by other companies inside or outside of the Company's industry.  Whenever the Company uses such non-GAAP measures, it provides a reconciliation of such measures to the most closely applicable GAAP measure.  See the Supplemental Financial Information on pages 11 and 12 of this release for these reconciliations.

    With approximately 60% of sales denominated in currencies other than the U.S. dollar, management uses currency adjusted sales growth when analyzing Company performance, and believes it is useful as well to investors to judge the Company's performance.  Organic sales growth data presented in this release excludes currency and acquisition/divestiture impacts.  The Company calculates the impact of changes in foreign currency exchange rates by multiplying current period activity by the difference between current period exchange rates and prior period exchange rates.  The result is the defined impact of "changes in foreign currency exchange rates."  While we are able to report past currency impacts, we are unable to estimate changes that may occur later in 2014 to applicable exchange rates.  Any significant changes in currency exchange rates would likely have a significant impact on reported growth rates due to the volume of sales denominated in foreign currencies.

    Management also uses the following non-GAAP measures to judge its performance and ability to pursue opportunities that enhance shareholder value:  adjusted net income, EPS and operating income margin (reconciled on page 12) and free cash flow (defined on page 10).  Free cash flow does not necessarily represent the residual cash flow available for discretionary expenditures.  Management believes this non-GAAP information is useful to investors as well.

     SIGMA-ALDRICH CORPORATIONConsolidated Statements of Income (Unaudited)(in millions except per share amounts)Three Months EndedSix Months EndedJune 30,June 30,2014201320142013Sales

    $

    701$

    681$

    1,390$

    1,356Cost of products and services sold

    343340681671Gross profit

    358341709685Selling, general and administrative expenses

    157147317308Research and development expenses

    16163233Other charges

    112212Operating income

    184166358332Interest, net

    112Income before income taxes

    184165357330Provision for income taxes

    51469889Net income

    $

    133$

    119$

    259$

    241Net income per share - Basic

    $

    1.12$

    0.99$

    2.18$

    2.01Net income per share - Diluted

    $

    1.11$

    0.98$

    2.16$

    1.99Weighted average number of shares outstanding - Basic

    119120119120Weighted average number of shares outstanding - Diluted

    120121120121Income Statement RatiosThree Months EndedSix Months EndedJune 30,June 30,2014201320142013Gross profit

    51.1

    %50.1

    %51.0

    %50.5

    %S,G&A expenses

    22.4

    %21.6

    %22.8

    %22.7

    %Research and development expenses

    2.3

    %2.4

    %2.3

    %2.4

    %Other charges

    0.2

    %1.7

    %0.1

    %0.9

    %Operating income

    26.2

    %24.4

    %25.8

    %24.5

    %Net income

    19.0

    %17.5

    %18.6

    %17.8

    %Effective tax rate

    27.7

    %27.9

    %27.5

    %27.0

    % 

     SIGMA-ALDRICH CORPORATIONConsolidated Balance Sheets (Unaudited)(in millions)(Unaudited)June 30,December 31,20142013ASSETSCurrent assets:Cash and cash equivalents$

    810$

    722Accounts receivable421382Inventories722699Deferred taxes3631Other9587Total current assets2,0841,921Property, plant and equipment:Property, plant and equipment2,1542,098Less - accumulated depreciation(1,339)(1,292)Property, plant and equipment, net815806Goodwill700691Intangibles, net245255Other141132Total assets$

    3,985$

    3,805LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Notes payable$

    44$

    65Accounts payable176152Payroll5564Income taxes3425Other8377Total current liabilities392383Long-term debt300300Pension and post-retirement benefits5673Deferred taxes6674Other8780Total liabilities901910Stockholders' equity:Common stock202202Capital in excess of par value348322Common stock in treasury(2,491)(2,407)Retained earnings4,8624,658Accumulated other comprehensive income163120Total stockholders' equity3,0842,895Total liabilities and stockholders' equity$

    3,985$

    3,805 

     

    SIGMA-ALDRICH CORPORATIONConsolidated Statements of Cash Flows (Unaudited)(in millions)Six Months EndedJune 30,20142013Cash flows from operating activities:Net income$

    259$

    241Adjustments to reconcile net income to net cash provided by operating activities:Depreciation and amortization6669Deferred income taxes(13)(3)Stock-based compensation expense1213Other(2)(9)Changes in operating assets and liabilities:Accounts receivable(37)(62)Inventories(18)(1)Accounts payable23(5)Income taxes123Other, net(15)23Net cash provided by operating activities287269Cash flows from investing activities:Capital expenditures(55)(49)Purchases of investments(6)(75)Proceeds from sales of investments544Proceeds from sale of net assets9Other, net(2)(1)Net cash (used in) investing activities(58)(72)Cash flows from financing activities:Net issuance/(repayment) of short-term debt(21)(254)Dividends(55)(52)Share repurchases(85)(56)Proceeds from exercise of stock options1419Other, net15Net cash (used in) financing activities(146)(338)Effect of exchange rate changes on cash5(21)Net change in cash and cash equivalents88(162)Cash and cash equivalents at January 1722724Cash and cash equivalents at June 30$

    810$

    562Reconciliation of Free Cash Flow(in millions)Six Months EndedJune 30,20142013Net cash provided by operating activities$

    287$

    269Less: Capital expenditures(55)(49)Free cash flow$

    232$

    220 

     

    SIGMA-ALDRICH CORPORATIONSupplemental Financial Information - (Unaudited)Sales Growth by Business UnitThree Months EndedJune 30, 2014DivestitureAdjustedReportedCurrencyImpact(Organic)Research1%1%—%—%Applied7%1%—%6%SAFC Commercial2%2%(1)%1%Total Customer Sales3%1%—%2%Six Months EndedJune 30, 2014DivestitureAdjustedReportedCurrencyImpact(Organic)Research—%—%—%—%Applied8%1%—%7%SAFC Commercial2%1%(1)%2%Total Customer Sales3%1%—%2%Business Unit Sales(in millions)First
    Quarter 2014Second
    Quarter 2014Third
    Quarter 2014Fourth
    Quarter 2014Total
    2014Research$

    359$

    357$

    $

    $

    716Applied171172343SAFC Commercial159172331Total Customer Sales$

    689$

    701$

    $

    $

    1,390First
    Quarter 2013Second
    Quarter 2013Third
    Quarter 2013Fourth
    Quarter 2013Total
    2013Research$

    361$

    353$

    341$

    347$

    1,402Applied159160154156629SAFC Commercial155168169181673Total Customer Sales$

    675$

    681$

    664$

    684$

    2,704 

     

     

    SIGMA-ALDRICH CORPORATIONSupplemental Financial Information - (Unaudited)Reconciliation of Reported Net Income to Adjusted Net IncomeNet IncomeDiluted Earnings(in millions)Per ShareThree Months EndedThree Months EndedJune 30,June 30,2014201320142013Reported net income$

    133$

    119$

    1.11$

    0.98Other charges80.07Adjusted net income$

    133$

    127$

    1.11$

    1.05Net IncomeDiluted Earnings(in millions)Per ShareSix Months EndedSix Months EndedJune 30,June 30,2014201320142013Reported net income$

    259$

    241$

    2.16$

    1.99Other charges180.010.07Adjusted net income$

    260$

    249$

    2.17$

    2.06Reconciliation of Reported Operating Income to Adjusted Operating Income(in millions)Three Months EndedSix Months EndedJune 30,June 30,2014201320142013Reported operating income$

    184$

    166$

    358$

    332Other charges112212Adjusted operating income$

    185$

    178$

    360$

    344Reconciliation of Reported Operating Income Margin to Adjusted Operating Income MarginThree Months EndedSix Months EndedJune 30,June 30,2014201320142013Reported operating income margin26.2

    %24.4

    %25.8

    %24.5

    %Other charges0.2

    %1.7

    %0.1

    %0.9

    %Adjusted operating income margin26.4

    %26.1

    %25.9

    %25.4

    %Trend of Reported Operating Income Margin to Adjusted Operating Income MarginThree Months EndedJune 30,March 31,December 31,September 30,2014201420132013Reported operating income margin26.2

    %25.3

    %25.0

    %23.8

    %Other charges0.2

    %0.1

    %

    %1.5

    %Adjusted operating income margin26.4

    %25.4

    %25.0

    %25.3

    % 

     


    '/>"/>
    SOURCE Sigma-Aldrich
    Copyright©2014 PR Newswire.
    All rights reserved


    Related medicine technology :

    1. Sigma-Aldrich (NASDAQ: SIAL) Reports Q1 2012 Diluted EPS of $0.96, With Diluted Adjusted EPS of $0.99. Sales Increase 5% for Q1 2012. Full Year 2012 Diluted Adjusted EPS Outlook of $3.90 to $4.05 Reaffirmed.
    2. Sigma-Aldrich Accelerates Analytical Research and Extends Benefits of Fused-Core Particle Technology to All HPLC Users with the Launch of New Ascentis Express 5 Micron Particle by Supelco
    3. Sigma-Aldrich Corporation To Present At Upcoming Investor Conferences
    4. Sigma-Aldrich Enhances Customer Focus in China - Unveils Dynamic New Website and Expands Product Offering Through Vetec Brand
    5. Sigma-Aldrich (NASDAQ: SIAL) Declares $0.20 Quarterly Dividend
    6. Sigma-Aldrich Aligns Into Three New Market-Focused Business Units
    7. Sigma-Aldrich Reports Record Full Year 2012 Results. Reports Q4 2012 Diluted EPS Of $0.96. Q4 2012 Sales Increased 7%. Full Year 2012 Adjusted Diluted EPS Was $3.85. Expects Full Year 2013 Adjusted Diluted EPS To Increase To $4.10 - $4.20.
    8. Sigma-Aldrich Corporations Sigma Life Science Business to Distribute Worldwide Olink Biosciences Protein Interaction Analysis Technology
    9. Sigma-Aldrich Announces Q1 2013 Earnings Conference Call
    10. Sigma-Aldrich (NASDAQ: SIAL) Reports Q1 2013 Sales And EPS Of $675 Million And $1.01, Respectively, Both Record Quarterly Highs. Reaffirms Full Year 2013 Diluted Adjusted EPS Outlook Of $4.10 To $4.20.
    11. Sigma-Aldrich Corporation Declares $0.215 Per Share Quarterly Dividend
    Post Your Comments:
    *Name:
    *Comment:
    *Email:
    (Date:6/23/2016)... a startling report released today, National Safety Council research ... proven plan to eliminate prescription opioid overdoses. Prescription Nation ... tackling the worst drug crisis in recorded U.S. history, assigned a ... , New Mexico , Tennessee ... failing states, three – Michigan , ...
    (Date:6/23/2016)... , June 23, 2016 ... CAPR ), a biotechnology company focused on ... today announced that patient enrollment in its ongoing ... Duchenne) has exceeded 50% of its 24-patient target. ... in the third quarter of 2016, and to ...
    (Date:6/23/2016)... , June 23, 2016 , ... on Thursday, July 7, 2016 , , , , LOCATION: ... , , , , EXPERT PANELISTS:  , , , ... Senior Industry Analyst, Christi Bird; Senior Industry Analyst, Divyaa Ravishankar and ... The global pharmaceutical industry is witnessing an exceptional era. ...
    Breaking Medicine Technology:
    (Date:6/25/2016)... ... June 25, 2016 , ... First Choice Emergency Room ... Dr. Sesan Ogunleye, as the Medical Director of its new Mesquite-Samuell Farm facility. ... of our new Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical Director of ...
    (Date:6/25/2016)... ... ... Conventional wisdom preaches the benefits of moderation, whether it’s a matter of ... too high can result in disappointment, perhaps even self-loathing. However, those who set the ... Research from PsychTests.com reveals that behind the tendency to set low expectations ...
    (Date:6/24/2016)... PASADENA, CA (PRWEB) , ... June 24, 2016 , ... Marcy was in a crisis. ... he would lash out at his family verbally and physically. , “When something upset him, ... table, he would use it. He would throw rocks at my other children and say ...
    (Date:6/24/2016)... ... 24, 2016 , ... Comfort Keepers® of San Diego, CA is excited to ... Recovery® program to drive cancer patients to and from their cancer treatments. Comfort ... quality of life and ongoing independence. Getting to and from medical treatments is ...
    (Date:6/24/2016)... ... June 24, 2016 , ... The Haute Beauty Network, affiliated ... Weintraub as a prominent plastic surgeon and the network’s newest partner. , ... most handsome men, look naturally attractive. Plastic surgery should be invisible.” He stands ...
    Breaking Medicine News(10 mins):