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Roswell Daily Record in Roswell, New Mexico

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This newspaper page contains 4 articles. Subscribers can read the full text of each article.

Newspaper

Roswell Daily Record

Location

Roswell, New Mexico, United States of America

Date

Aug 25, 2012

Page

6

Lilly Alzheimer drug falls short yet hints potential

Eli Lilly reported two late stage trials of solanezumab missed primary goals but showed a statistically significant slowing of cognitive decline in combined data and in a mild dementia subgroup. Experts urged caution while noting potential for future research and regulator discussions ahead.

Indianapolis Eli Lilly Lilly Food and Drug Administration William H Thies The Alzheimer's Association

Fire devastates Chios mastic gum groves in six day blaze

A six day wildfire on the Greek island of Chios destroyed at least 15,000 hectares of mastic tree groves, threatening an export industry tied to the island’s heritage. Farmers warn losses could reach 3 million euros yearly until replanting and a decade of regrowth. Giannis Stoupakis notes a new factory and potential mastic flavored drinks.

Chios Greece Giannis Stoupakis Giannis Kapetanos Aegean Sea

Albuquerque voters may decide on $1 minimum wage boost

Albuquerque voters likely will vote in November on increasing the city minimum wage by one dollar to 8.50. City Clerk Amy Bailey expects certification of petition signatures to send the ordinance to the City Council which may approve reject or table it. Supporters say higher wages boost the economy while the Chamber of Commerce warns of job losses and higher prices. If approved the increase would trigger yearly cost of living adjustments.

Albuquerque Amy Baily Albuquerque Journal Greater Albuquerque

US nets 62 million from sale of bank stock

The Treasury reports 62.4 million earned from selling preferred stock in four small banks bailed out in 2008. Total income reaches 74.5 million with 12.1 million dividends, offsetting broader TARP losses. Banks: BNC Bancorp, First Community Corp, First National Corp, Mackinac Financial Corp. Guaranty Federal Bancshares sale not pursued due to low bids.

Washington Treasury Department Treasury BNC Bancorp High Point N.C First Community Corp Lexington S.C First National Corp Strasburg Mackinac Financial Corp Manistique Springfield

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