Nike reports 7% jump in revenue despite strong dollar that impacted sales

On Thursday, athletic-gear maker Nike reported a 7% jump in revenue and 16% jump in income for the fiscal third quarter that ended on February 28.

The Beaverton Oregon-based company said that sales were up sharply in the North American market and key foreign markets despite stronger dollar, which makes Nike's products more expensive in other currencies.

The company also mentioned that it invested more money in its business and effective tax rates increased. The company’s net income totaled $791 million, or 89 cents per share, from $682 million, or 75 cents per share. Its revenue grew 75 to $7.46 billion from $6.97 billion.

According to Zacks Investment Research, analysts expected income of 84 cents per share and $7.64 billion in revenue.

Good Sleep Important for Healthy Sexual Desire and Arousal in Women

As per researchers from the University of Michigan, women who sleep more generally have more sex. The researchers have spent more than two weeks in tracking sleep and sexual patterns of 171 young women.

The researchers found two things. Firstly, more shut-eye generally leads to more sex among women. Secondly, it also leads to better sex. The researchers said good sleep hygiene refreshes a person’s mood, energy and concentration.

It is linked to increased sexual desire and arousal. The participants reported high physical arousal after having longer period of sleep, with average sleep duration to be seven hours, 22 minutes. The researchers said that what was most impressive, every additional hour of sleep increased the chances of sex on the next day by 14%.

FDA panel says Glaxo Asthma Drug safe for Adults

On Thursday, an advisory panel to the United States Food and Drug Administration stated that British multinational pharmaceutical company GlaxoSmithKline Plc's asthma drug to treat chronic breathing problems is safe for adults. The panel also warned that the drug is not effective for adolescents with asthma.

According to reports, the panel voted 16-4. As per panel, the drug should be approved for once daily treatment of asthma in patients 18 years and older. The panel also voted 19-1 and concluded that drug will not be approved for children aged 12 to 17. Glaxo, which is headquartered in Brentford, licensed the product from Theravance Inc in 2002.

Michigan Couple surprised to Know their Baby Girl is actually a Baby Boy

Kyle and Danielle Williams, of Belleville, Mich. were left surprised after realizing that their baby girl was actually a baby boy. They had to go shopping again. Danielle gave birth to their second baby on March 3.

“My wife has been collecting baby clothes and has been adding to our girls’ clothing collection. But we knew the baby would be staying in our room for the first few months so we didn’t set up the nursery yet, thankfully”, Kyle Williams told the Daily News.

After an October ultrasound, the parents were told that they were going to have a baby girl, but were left in complete surprise after their baby turned out to be a boy, instead of a girl. When they introduced their two-year-old daughter Peyton to her new sibling they told her that his name was Bentley.

Medical researchers support generic Insulin

A new research has examined why people with diabetes, depending on injections of lifesaving insulin, still don’t have any cheaper generic options for the treatment of their disease.

Dr. Kevin Riggs, a research fellow at Johns Hopkins University School of Medicine in Baltimore, a senior study author, said they have asked this question because surprisingly nobody has ever talked about this issue.

The researchers noted that, to a person with no insurance, the cost of insulin runs from $120 to $400 a month. They want that there should be an availability of generic insulin.

Hangover-Free Wine Will Be a Reality Soon

A night of alcoholic over-indulgence generally results in headache and intense nausea, but it could finally become a thing of the past soon.

Yong-Su Jin, a professor of microbial genomics at the University of Illinois, has found a way that could change the way yeast reproduces.

According to him, his team can increase the amount of nutritional components in the yeast, by altering its DNA, and at the same time can reduce the toxic byproducts that result into hangovers.

Jin said that the polyploid strains of yeast are used to made fermented foods such as beer, wine and bread are made, which means that they contain multiple copies of genes in the genome.

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