WASHINGTON— Federal health officials have approved an experimental drug to treat psychotic delusions and behaviors that often afflict patients with Parkinson's disease, the debilitating movement disorder. The drug from Acadia Pharmaceuticals Inc. is the first drug for the condition, which affects approximately half of Parkinson's patients. » Read More
*Reports 10.8 percent passive stake in AOL Inc as of September 30-.
NEW YORK-- Shares of OraSure jumped nearly 5 percent Wednesday after the company launched sales of the first home HIV test of its kind to be approved by federal regulators.
PROVIDENCE, R.I.-- A technology executive for the Boston Globe and New York Times Co. has been named Rhode Island's first chief digital officer. Lincoln Chafee on Wednesday announced that Thom Guertin will start Oct. 22.
Traders also cited some remaining uncertainty following Tuesday's strike in the energy sector in France, which completely halted production at E.ON' s. "All of E.ON' s plants were off yesterday and as far as I know they were all available again today, but the strike notice still hasn't been lifted, and this is creating tensions," a Paris- based trader said.
Oct 10- Pro-Trans Ventures Inc:. *David Criddle, the former chief financial officer of Pro Trans- has agreed to act as interim CFO. Pro-Trans Ventures Inc. announces that A. Scott Hamilton has left his position as Chief Financial Officer of the Corporation effective October 9, 2012.
ISLAND ISOLATION: Jamaica's port authority and Royal Caribbean Cruises Ltd. pitched the port of Falmouth as a place where passengers would dive into the historic city for "a wraparound experience not unlike Colonial Williamsburg." But their dollars have been kept at a distance.
Oct 10- Fitch Ratings has downgraded LCP Proudreed Plc's class A and B commercial mortgage-backed floating rate notes due 2016 and affirmed the two junior tranches as follows:. GBP239.3 class A downgraded to' AAsf' from' AAAsf'; Outlook Negative. GBP32.2m class B downgraded to' Asf' from' AAsf'; Outlook Negative.
October 10- Following are terms and conditions. of a bond priced on Wednesday.
Oct 9- Pacific Coal Resources Ltd:. *Says CEO Luis Carvajales has tendered his resignation, effective immediately. *Says BACF interest was sold for cash consideration of $5,000,000.
NEW YORK-- Robert Caro, Junot Diaz and the late Anthony Shadid were among the finalists announced Wednesday for the National Book Awards. Other nominees included the novelists Dave Eggers and Louise Erdrich and nonfiction writers Anne Applebaum and Katherine Boo.
MELBOURNE Oct. 10, 2012-- Divergent trends have emerged in recent years across Asia-Pacific banking systems on three important inter-related factors: private sector debt, house prices, and funding.
White is the most popular color for the second year in a row after overtaking silver in 2011. The annual rankings are compiled by automotive paint supplier PPG Industries Inc., a Pittsburgh- based company that provides paints to General Motors Co., Ford Motor Co., BMW AG and others. By comparison, 19 percent of midsize cars made in North America are white.
Europe is gripped by a debt crisis and stalled growth. A budget standoff in the United States is set to trigger tax increases and spending cuts and perhaps a recession. And it's warning that even its dimmer outlook might prove too optimistic if Europe and the United States fail to resolve their crises.
There were large blocks of empty seats at some stadiums at the 2010 World Cup in South Africa and this year's European Championship in Poland and Ukraine. At the Leaders in Football conference on Wednesday, FIFA marketing director Thierry Weil said sponsors would have to name the people using tickets two or three days before matches in Brazil.
Pittsburgh- based Legend Financial Advisors has an average of a dozen interns at any given time, and half of its 23- person full-time staff are alums of the internship program. "It takes about four interns to equal the pay of a regular employee," said Stanasolovich, who pays interns between $8.50 and $12.50 an hour, plus performance and other bonuses.
India's benchmark 10- year bond yield. India's benchmark 5- year OIS rate flat at 6.96 percent. India's one-day cash rate at 8.05-8.10 percent versus its previous close of 8.00/ 8.05 as demand was largely stable in the first week of the two-week reporting cycle.
Oct 9- Peter Muller, the founder of Morgan Stanley's proprietary trading unit that is being spun off this year as a stand-alone hedge fund, has raised more than $500 million from Blackstone Group LP, Bloomberg reported.