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Friday 28 August 2015
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Hot Stocks: Micron Technology, Inc. (NASDAQ:MU), The Procter & Gamble Company (NYSE:PG), The Charles Schwab Corporation (NYSE:SCHW)

On Friday, Shares of Micron Technology, Inc. (NASDAQ:MU), lost -1.42% to $14.53, hitting its lowest level.

Robert W. Baird lowered shares of Micron Technology, from an outperform rating to a neutral rating in a research report released on Thursday, TheFlyOnTheWall.com reports. The firm presently has $15.00 price objective on the semiconductor manufacturer’s stock, down from their preceding price objective of $36.00.

Micron Technology, Inc., together with its auxiliaries, provides semiconductor solutions worldwide. The company manufactures and markets dynamic random access memory (DRAM), NAND flash, and NOR flash memory products; and packaging solutions and semiconductor systems.

Shares of The Procter & Gamble Company (NYSE:PG), declined -2.80% to $71.84, during its last trading session, hitting its lowest level.

Cleveland Clinic is collaborating with Cleveland HeartLab and Procter & Gamble (PG) 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.

Finally, The Charles Schwab Corporation (NYSE:SCHW), ended its last trade with -3.91% loss, and closed at $30.93.

Charles Schwab Advisor Services declared the lineup of keynote speakers for IMPACT® 2015, the nation’s largest and longest-running annual gathering of independent registered investment advisors (RIAs). Spanning insights and content from growth strategies and technology, to leadership and talent, the four-day event comprises a robust agenda of sessions that focus on the growth opportunities on the horizon for RIAs, and aims to be a catalyst to assist them identify and shape possibilities into actions.

The event also features a lineup of prominent keynote speakers, counting: former CEO of the Ford Motor Company Alan Mulally; cellist and cultural ambassadors Yo-Yo Ma and Friends; and influential writers and commentators David Brooks and Fareed Zakaria. Advisors will also hear from Schwab’s head of Advisor Services, executive vice president, Bernie Clark, Charles Schwab President and CEO, Walt Bettinger, in addition to chief investment strategist Liz Ann Sonders and global chief investment strategist Jeffrey Kleintop.

IMPACT 2015 takes place Tuesday, November 10 through Friday, November 13 at the Boston Convention & Exhibition Center. Alongside the robust agenda of education sessions, the event will also have a number of ‘spotlight sessions’, covering topics such as attention economics and client behavior, smart beta and the geopolitical landscape. In addition, there will be three focused pre-conference sessions on Tuesday afternoon: Creating a Retirement Playbook, Personal Branding for Women RIAs, and Future Proofing Your RIA Firm.

The Charles Schwab Corporation, through its auxiliaries, provides wealth administration, securities brokerage, banking, money administration, and financial advisory services. The company operates through two segments, Investor Services and Advisor Services.

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