Lilly, BI launch diabetes-education program
INDIANAPOLIS — Drug makers Boehringer Ingelheim and Eli Lilly have created a new online educational program for people with Type 2 diabetes.
The companies, which have had a deal to develop drugs for diabetes since January 2011 and co-market the drugs Tradjenta (linagliptin) and Jentadueto (linagliptin and metformin), announced Thursday the creation of My Well Planner, a lifestyle-improvement program for adults with the disease.
The program is a free resource for adults with Type 2 diabetes modeled on a behavioral-change approach that offers customized educational content and is designed to help patients and their healthcare providers set small lifestyle goals, featuring topics like general information about the disease, better eating habits, physical activity and others, the companies said.
Here comes the sun to Arizona Walmart distribution center
BUCKEYE, Ariz. — Walmart boosted its sustainable reputation Thursday with the announcement of a new solar initiative at its distribution center near Phoenix.
The retailer will outfit the DC with more than 14,000 solar panels — making it Walmart’s largest solar installation to date. The panels will cover the 1,000-sq.-ft. building and parking canopies. The panels will produce up to 30% of the center’s energy needs and generate up to 5.3 million kilowatt hours of renewable energy per year, according to Walmart.
Walmart’s solar project in Buckeye, Ariz., is the company’s second distribution center solar project in Arizona, coming just over a year after 2 MW project in Casa Grande, Ariz., that used a combination of ground mounted and solar shaded parking canopy structures.
"Environmental sustainability is an essential ingredient to us for doing business responsibly and successfully," said David Ozment, senior director of Walmart Energy. "As the world’s largest retailer, our actions have the potential to save our customers money and help substantially reduce our carbon footprint for generations to come."
Since launching its solar pilot program in May 2007, Walmart strengthened its commitment to renewable energy across the country. Currently, Walmart has more than 180 renewable energy projects in operation and development around the world. These renewable energy projects include solar rooftops, micro-wind on parking lots, biodiesel generators and fuel cells. In fact, the company recently unveiled the addition of a 1MW wind turbine at its Red Bluff distribution center in California, as well as the 100th solar installation in the state. The combined focus on renewable energy in Arizona and across the country contributes to the company’s aspirational goal to be supplied 100% by renewable energy.
Kroger boosts quarterly dividend
CINCINNATI — Kroger announced that its board of directors has raised the company’s quarterly dividend by about 30%, to 15 cents per share.
The dividend will be paid on Dec. 1 to shareholders of record as of the close of business on Nov. 15. Since reinstating dividends in 2006, Kroger has increased the dividend each year and expects to continue to do so.
"This substantial dividend increase demonstrates the confidence of our Board of Directors that the Customer 1st strategy will produce strong returns for shareholders," Kroger chairman and CEO David Dillon said. "The 30% increase demonstrates our ability to continue to generate strong free cash flow and operating results."