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dementia-062519.jpg A study has suggested that the risk of dementia is stronger in older adults on the use of anticholinergic drugs, highlighting the importance of reducing exposure to anticholinergic drugs in middle-aged and older people. Anticholinergic drugs work by blocking the action of a neurotransmitter called acetylcholine. This inhibits nerve impulses responsible for involuntary muscle movements.

norway-walmart-062519.jpg Norway's $1 trillion sovereign wealth fund, the world's largest, has been given the approval to invest again in retail giant Walmart Inc. and miner Rio Tinto plc, among other companies. This follows the Norway central bank's decision to revoke these companies' exclusions from the fund's investments on ethical grounds. Walmart was excluded in 2006 from the pension fund's investments.

Lockheed Martin (LMT) was Tuesday awarded a $561.8 million production contract for Army Tactical Missile System (ATACMS) missiles for the U.S. Army and Foreign Military Sales (FMS) customers. The two-year contract calls for new ATACMS rounds, as well as upgrading several previous-variant ATACMS as...

Japanese automaker Nissan Motor Co. (NSANF.PK, NSANY.PK) announced Tuesday that its shareholders approved all the resolutions put up at its 120th Ordinary General Meeting of Shareholders at the National Convention Hall of Yokohama. At the meeting, shareholders approved the appropriation of retained...

Mitsubishi Heavy Industries, Ltd. (MHVYF.PK) agreed Tuesday to acquire the Canadair Regional Jet (CRJ) program from Bombardier Inc. (BBD_B.TO, BBD_A.TO) for a cash consideration of $550 million. This is payable to Bombardier upon closing, and the assumption by Mitsubishi of liabilities amounting to about...

Recon Technology, Ltd. (RCON), a non-state-owned oil and gas field service company in China, said Valvitalia has granted the company the exclusive right to sell its products to CPECC under a 24-month sales representation agreement. Recon plans to promote Valvitalia valves and other products to CPECC'...

wealthtax-062519.jpg A group of billionaires have said they are ready to pay more in taxes and urged the 2020 presidential candidates to support a wealth tax on the richest 1 percent of Americans. In an open letter to the 2020 Presidential candidates that was published on Medium, the billionaires said the next dollar of new tax revenue should come from the most financially fortunate.

Conagra Brands, Inc. (CAG) said its iconic brand Birds Eye has launched quick meal solutions which substitute pasta and rice for vegetables, without sacrificing flavor. The new dishes include: Chicken Alfredo Pasta, Three Cheese Ziti, Cheddar Mac & Cheese and Cheesy Chicken & Broccoli. The multi-serve...

Chipotle Mexican Grill (CMG) said Tuesday that it has launched a new crew bonus program that gives hourly employees the opportunity to earn up to an extra month's pay each year. The new quarterly bonus program is in addition to the existing annual crew bonus based on employees's tenure and a minimum...

FactSet (FDS) reported that its third-quarter adjusted EPS rose 20.2% year-on-year driven primarily by stronger operating results. Revenues increased 7.2% primarily due to higher sales of analytics, content and technology solutions (CTS) and wealth management solutions. The company increased fiscal 2019...

BioPharmX Corp. (BPMX), a specialty pharmaceutical company focused on medical dermatology products, announced Tuesday positive results from its Phase 2b clinical trial of BPX-04 for papulopustular rosacea. In pre-market activity, BioPharmX shares were gaining around 62 percent to trade at $1.43. BPX-04...

Aldeyra Therapeutics Inc. (ALDX) said that it will discontinue noninfectious Anterior Uveitis program. The statistical significance was not achieved for the primary or secondary endpoints in the noninfectious anterior uveitis SOLACE Trial, due to high rates of disease resolution in vehicle-treated patients,...

Visa Inc. (V) has agreed to acquire the token services and ticketing businesses from Rambus (RMBS). Visa said the addition of Rambus' token technology will enable Visa with enhanced security benefits of tokenization to all types of transactions beyond Visa cards, including those on domestic card networks,...

AbbVie Inc. (ABBV) Tuesday said it has signed a definitive transaction agreement to acquire Allergan plc (AGN) in a cash and stock transaction with an equity value of approximately $63 billion. Under the deal terms, Allergan Shareholders will receive 0.8660 AbbVie Shares and $120.30 in cash for each...

Integrated pharmaceutical company Dr. Reddy's Laboratories Ltd. (RDY) announced Tuesday the launch of Tobramycin Inhalation Solution, USP a therapeutic equivalent generic version of TOBI (tobramycin) Inhalation Solution, approved by the U.S. Food and Drug Administration (USFDA). The TOBI Inhalation...

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