On Monday, Merck & Co., Inc. (NYSE:MRK)’s shares declined -2.21% to $50.98.
MSD, known as Merck (MRK) in the United States and Canada, recently declared that omarigliptin, MSD’s investigational once-weekly DPP-4 inhibitor in development for adults with type 2 diabetes, achieved its primary efficacy endpoint in a Phase 3 study. Omarigliptin was found to be non-inferior to MSD’s once-daily DPP-4 inhibitor, JANUVIA® (sitagliptin), at reducing patients’ HbA1c* levels from baseline, with similar HbA1c reductions achieved in both groups. The head-to-head study was designed to evaluate once-weekly treatment with omarigliptin 25 mg contrast to 100 mg of JANUVIA once daily, a widely prescribed DPP-4 inhibitor worldwide. Results were presented during an oral session at the 51st European Association for the Study of Diabetes (EASD) Annual Meeting.
MSD presented a new drug application to the Japanese Pharmaceuticals and Medical Devices Agency in November 2014 and plans to submit for regulatory approval of omarigliptin in the United States by the end of 2015. The clinical development program for omarigliptin, O-QWEST (Omarigliptin Q Weekly Efficacy and Safety in Type 2 Diabetes), comprises 10 Phase 3 clinical trials involving about 8,000 patients with type 2 diabetes.
Merck & Co., Inc. provides health care solutions worldwide. The company offer therapeutic and preventive agents to treat cardiovascular, type 2 diabetes, asthma, nasal allergy symptoms, allergic rhinitis, chronic hepatitis C virus, HIV-1 infection, fungal infections, intra-abdominal infections, hypertension, arthritis and pain, inflammatory, osteoporosis, male pattern hair loss, and fertility diseases.
Southwest Airlines Co (NYSE:LUV)’s shares dropped -0.23% to $39.38.
Southwest Airlines (LUV) declared a new tentative agreement with the Southwest Airlines Pilots’ Association (SWAPA), the Union that represents the Company’s Pilots. SWAPA’s Board of Directors reviewed an Agreement in Principle that negotiators reached earlier this month and decided to conduct a ratification vote that could end more than three years of negotiations.
The Company said the agreement offers wage enhances and work-rule changes that will benefit the pilot group and position southwest to continue its expansion both domestically and internationally
Southwest Airlines Co. operates passenger airlines that provide planned air transportation services in the United States and near-international markets. As of December 31, 2014, it operated 665 Boeing 737 aircraft; and had 12 Boeing 717 aircraft.
At the end of Monday’s trade, Discovery Communications Inc. (NASDAQ:DISCA)‘s shares surged 1.87% to $28.81.
Discovery Communications ( DISCA,) will host its inaugural Investor Day on Tuesday, September 29, 2015, in New York City. David Zaslav, President & CEO and Andrew Warren, Chief Financial Officer will talk about the Company’s strategy and outlook. JB Perrette, President, Discovery Netoperates International; Bruce Campbell, Chief Development & Digital Officer and General Counsel; and Rich Ross, Group President, Discovery Channel, Animal Planet and Science Channel, in addition to additional featured speakers, also will present. The event will start at 8:15 a.m. ET and conclude at 12:15 p.m. ET.
Discovery Communications, Inc. operates as a media company. The company operates through U.S. Netoperates; International Netoperates; and Education and Other segments. The company owns and operates television netoperates under the brands, such as Discovery, TLC, Animal Planet, Investigation Discovery, Science, Velocity, Discovery Family, American Heroes, Destination America, Discovery Life, Oprah Winfrey network, Eurosport, DMAX, and Discovery Kids. Its content spans genres, counting survival, exploration, sports, lifestyle, general entertainment, heroes, adventure, crime and investigation, health, and kids.
MGM Resorts International (NYSE:MGM), ended its Monday’s trading session with -1.16% loss, and closed at $20.42.
MGM Resorts International (MGM) employee volunteers build a house from the ground up, and hand over the keys to an elated single mother and her children. Tens of millions of dollars are spent conducting business with minority- and women-owned enterprises, supporting the company’s planned objectives and commitment to diversity. MGM Resorts and NRG Renew partner to install one of the nation’s largest rooftop solar arrays at Mandalay Bay Resort and Casino, stretching a massive 20 acres.
These are just a few of the powerful displays of corporate citizenship chronicled in MGM Resorts’ 2014 Annual Corporate Social Responsibility Report. Themed “Inspiration Starts With Us!”, the report features the company’s accomplishments in corporate social responsibility (CSR), which comprises Diversity and Inclusion, Philanthropy and Community Engagement, and Environmental Sustainability initiatives. Released recently, the report for 2014 is accessible for download on the company’s CSR website, www.mgmresorts.com/csr.
MGM Resorts International, through its auxiliaries, owns and/or operates casino resorts. It operates through two segments, Wholly Owned Domestic Resorts and MGM China. The company’s casino resorts offer gaming, hotel, convention, dining, entertainment, retail, and other resort amenities.
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