Apple expected to show fresh software


June 11, 2012 at 12:00a.m.

Apple expected to show fresh software

new york

Apple CEO Tim Cook is expected to show off new iPhone software, updated Mac computers and provide more details on future releases of Mac software when he kicks off the company’s annual conference for software developers today.

The announcement of new software for the iPhone, iPad and iPod Touch has been confirmed by banners that at the Moscone conference center in San Francisco on Friday, reading “iOS 6.”

What’s not known is what new features will come with iOS 6, or when it will be released to consumers.

Experimental drugs offer diabetics hope

philadelphia

Drugmakers are presenting results of new studies of experimental diabetes treatments offering patients hope of better controlling blood sugar and weight and preventing dangerously low blood sugar. Those are challenges for millions of diabetics.

Results from key studies of new diabetes drugs and insulin products are being announced at the American Diabetes Association conference in Philadelphia.

They include Novo Nordisk’s degludec, an ultra-long-acting insulin for Type 2 diabetes that doesn’t need to be taken at the same time each day and prevents low blood sugar during the night better than market-leading Lantus.

Johnson & Johnson presented studies on its daily Type 2 diabetes pill, canagliflozin, part of a new drug class.

UK official: Euro crisis kills recovery

london

Britain’s Treasury chief has warned that uncertainty over the future of Europe’s single currency is threatening to keep his country from returning to economic growth.

In an article published in the Sunday Telegraph, George Osborne claimed that Britain’s attempt to pull itself out of recession was “being killed off by the crisis on our doorstep.”

Vindicator wire reports

Selected local stocks

STOCK, DIVIDENDCLOSECHANGE

Aqua America, .66, 24.06 —.10

Avalon Holdings,3.81.01

Clear Channel, .73 65.99 .39

Cortland Bancorp, 9.25.00

Farmers Nat., .126.29 .15

First Energy, 2.20, 47.86.23

FirstMerit Corp., .64,15.47 .33

First Niles Financial, .32,8.74.00

First Place Fin., .361—.02

FNB Corp., .48,10.38.18

General Motors,22.05.20

General Electric, .68,19.20.20

Motors Liquidation, .0422.00

Huntington Bank, .16, 6.23.13

JP Morgan Chase, 1.20,33.68.87

Key Corp, .20,7.28.13

LaFarge, 9.66 —.01

Macy’s, .80, 37.21.72

Parker Hannifin, 1.64, 81.27.48

PNC, 1.60,59.35.72

RTI Intl. Metals,21.92.03

Simon Prop. Grp.,4.00,150.611.82

Stoneridge 7.14 .16

United Community Fin. 2.24.07

Selected prices at 4 p.m. Friday. Provided by Stifel Nicolaus. Not to be construed as an offer or recommendation to buy or sell any security.