On Thursday, Shares of The Procter & Gamble Company (NYSE:PG), lost -0.28% to $73.91, hitting its lowest level.
Cleveland Clinic is collaborating with Cleveland HeartLab and The Procter & Gamble Company to develop and commercialize a diagnostic and administration solution for a heart disease biomarker recently discovered by researchers in Cleveland Clinic’s Lerner Research and Heart & Vascular Institutes.
As part of the collaboration, Cleveland HeartLab will develop a diagnostic test to measure blood levels of TMAO, or Trimethylamine-N-oxide, a substance produced by gut bacteria and that is linked to heart disease. Meanwhile, Cleveland Clinic researchers will work with Cincinnati-based P&G to develop an over-the-counter product that can assist people manage their TMAO levels.
In 2011, a research team led by Dr. Stanley Hazen, vice chair of translational research at the Lerner Research Institute, discovered that elevated blood levels of TMAO are linked to improved risk of heart attack, stroke and death. Their studies also showed that TMAO directly contributes to the narrowing of artery walls through atherosclerotic plaque build-up. TMAO gets formed when a dietary nutrient called lecithin, which is most abundant in animal products rich in fat and cholesterol, gets metabolized by the natural bacterial flora in the gastrointestinal tract.
The initial findings were published in 2011 in Nature. Follow-up clinical studies were published in 2013 in the New England Journal of Medicine and Nature Medicine, leading to new insight into the connection between diet, gut bacteria and health. Findings assist explain why, for some people, diets rich in foods like red meat, egg yolks and high-fat dairy products are more associated with raised cardiovascular risk. Numerous clinical studies now indicate that measuring TMAO levels can reveal heightened cardiovascular risks that standard tests, such as cholesterol and inflammation testing, tend to miss.
The Procter & Gamble Company, together with its auxiliaries, manufactures and sells branded consumer packaged products worldwide. It operates through five segments: Beauty, Hair and Personal Care; Grooming; Health Care; Fabric Care and Home Care; and Baby, Feminine and Family Care.
Shares of Atmel Corporation (NASDAQ:ATML), declined -6.01% to $7.20, during its last trading session.
Atmel Corporation declared the company is collaborating with Intel to bring more secure Internet of Things (IoT) applications to market. In this collaboration, Atmel will support Intel® Improved Privacy ID (Intel® EPID) technology on all Atmel SmartConnect wireless solutions to improve secure cloud provisioning—the mutual authentication of the IoT node with the cloud—in the rapidly growing IoT market where more devices are becoming smartly connected.
With tens of billions of devices anticipated by 2020, security is one of the critical components to enabling a seamless connection between the edge node to the cloud. Atmel also offers a complete portfolio of IoT solutions that combine Atmel | SMART MCUs together with its SmartConnect wireless technologies ranging from Wi-Fi, 802.15.4 and Bluetooth, and Atmel secure products. This effort enables developers using Atmel wireless solutions the option to use the trusted Intel EPID identification standard in their solutions.
Atmel Corporation designs, develops, manufactures, and sells semiconductor integrated circuit products primarily in the United States, Asia, Europe, South Africa, and Central and South America. It operates in four segments: Microcontroller, Nonvolatile Memory, Automotive, and Multi-Market and Other.
Finally, Sprouts Farmers Market, Inc. (NASDAQ:SFM), ended its last trade with 0.38% gain, and closed at $21.03, hitting its lowest level.
Sprouts Farmers Market, declared that, effective August 6, 2015, as part of the company’s established leadership succession plan, Doug Sanders, the company’s current president and chief executive officer and member of the board of directors, has been designated executive chairman of the board. Amin Maredia, chief financial officer, will ascend to the position of chief executive officer, and Jim Nielsen, chief operating officer, will assume the position of president and chief operating officer.
The company also has designated Susannah Livingston, vice president of investor relations and treasury, as its interim chief financial officer, until the company completes its search for a new chief financial officer. Livingston has over 25 years of financial, treasury and investor relations experience, counting the last two years with Sprouts, serving as its vice president of investor relations and treasury since January 2015, and vice president of investor relations and communications from April 2013 to December 2014. Her experience comprises financial roles with increasing responsibility at Solutia Inc., a global manufacturer of performance materials and specialty chemicals.
Sprouts Farmers Market, Inc. operates as a specialty retailer of fresh, natural, and organic food in the United States. The company’s stores offer fresh produce, bulk foods, vitamins and supplements, grocery products, meat and seafood products, deli and bakery products, dairy and dairy alternatives, frozen foods, beer and wine, natural health and body care products, and natural household products.
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