On Monday, Shares of MYOS Corp (NASDAQ:MYOS), gained 60.47% to $2.76.
MYOS Corporation, an emerging biotherapeutics and bionutrition company focused on the discovery, development and commercialization of products that improve human muscle health and performance, highlights new research showing resistance training reduces loss of brain tissue in aging women. Teresa Lui-Ambrose and her team at the Aging, Mobility, and Cognitive Neuroscience Laboratory at the University of British Columbia examined the effects of resistance training on the aging brain. Women ages 65-75 were randomized to resistance training vs. a control group of stretching and balance exercise. After 52 weeks, women who performed resistance training twice per week had less white matter loss, as measured by MRI, contrast to the control group.
Research examining the effects of muscle on age-related degenerative diseases, counting dementia is one of the areas that scientists at MYOS are pursuing. There are many previous studies showing a connection between exercise and cognition. It is surmised that muscle releases molecules that act on the brain tissue. The key will be to examine the molecules that are released into the bloodstream to identify which ones have effects on the brain mass and function.
Loss of muscle mass appears to be a key factor in the aging process. Fortetropin, a proprietary natural myostatin inhibitor clinically shown to build muscle, may influence this process. The team at MYOS continues to pursue both clinical and basic science studies to examine the relationship between muscle and various diseases and the effects of Fortetropin on them.
MYOS Corporation, a bionutrition and biotherapeutics company, engages in the discovery, development, and commercialization of nutritional and therapeutic products for maintaining and improving the health and performance of muscle tissue.
Shares of Tegna Inc (NYSE:TGNA), inclined 2.19% to $26.58, during its last trading session.
TEGNA Inc., declared it has sold PointRoll to Sizmek, an open ad administration company. PointRoll is a multi-screen digital ad tech and services company and was part of TEGNA Digital’s Cofactor brand. Shoplocal will continue to be at the core of Cofactor, enabling brands to deliver content everywhere and drive sales locally.
TEGNA Inc. engages in media and digital businesses in the United States. The company operates 46 television stations that produce local programming, such as news, sports, and entertainment; and associated online sites.
Finally, Shares of Darden Restaurants, Inc (NYSE:DRI), ended its last trade with -0.68% loss, and closed at $53.97.
Darden Restaurants, declared that it successfully accomplished its formerly declared spin-off of select real estate and restaurant assets into Four Corners Property Trust, Inc. (NYSE:FCPT) (“FCPT”). FCPT has become an independent, public company that intends to elect and qualify to be treated as a real estate investment trust (REIT) effective January 1, 2016.
Under the terms of the spin-off, Darden shareholders received one common share of FCPT for every three shares of Darden common stock held as of the record date, which was the close of business on November 2, 2015. Darden shareholders will receive cash in lieu of fractional FCPT shares. The spin-off is predictable to be tax-free to Darden shareholders. Darden has received opinions from Skadden, Arps, Slate, Meagher & Flom LLP and KPMG LLP that the spin-off will qualify as tax-free and has received a private letter ruling from the Internal Revenue Service on certain issues relevant to the qualification of the spin-off as tax-free.
In connection with the spin-off, Darden received cash proceeds from FCPT of $315 million, which it anticipates using, together with cash on hand, to retire about $1 billion in debt in the near future while maintaining its investment grade credit profile.
Darden Restaurants, Inc., through its auxiliaries, owns and operates full-service restaurants in the United States and Canada. As of July 8, 2015, it owned and operated about 1,500 restaurants under the Olive Garden, LongHorn Steakhouse, Bahama Breeze, Seasons 52, The Capital Grille, Eddie V’s, and Yard House brand names.