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Pfizer Inc. (NYSE:PFE) and Cold Spring Harbor Laboratory are partnering in the development of a next generation human shRNA library, which could be used to silence gene expression through the process of RNA interference, and then identify new therapeutic targets in cancer. The CSHL-Pfizer arrangement will combine the Laboratory’s academic researchers with Pfizer’s scientists in both the technology development and the training environments.
Procter & Gamble Co. (NYSE:PG) Chairman of the Board Bob McDonald, speaking at the Deutsche Bank Global Consumer Conference in Paris, presented an overview of his company’s strategic focus areas and preliminary financial guidance for its upcoming fiscal year 2013. McDonald, who is also the president and chief executive officer, commented that, “We are making the necessary adjustments to our growth strategy to increase focus on our core business and to achieve more balanced growth across geographies, product categories and the top and bottom lines. The entire P&G organization and specifically its leadership is committed to winning.”. In order to achieve its goals, the company is prioritizing investments in its largest and most profitable markets, on its largest innovations and in the biggest emerging countries. Further, the company stipulated that it means to keep the strong investment levels made in markets it has recently entered.
Investing Insights: Why Are P&G Earnings Getting SLAPPED?
United Technologies Corp. (NYSE:UTX): Pratt & Whitney is in the market, potentially in Canada, for a site at which it may assemble engines for Airbus SAS (EADSY), which resemble those it will manufacture in Quebec for Bombardier’s new C Series plane, according to The Globe and Mail.
Wal-Mart Stores Inc. (NYSE:WMT) will work jointly with TruConnect Mobile LLC, to provide “Internet on the Go,” which is a new prepaid mobile broadband service that ‘offers a great value for casual users’.
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