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TRENDS & INNOVATIONS.(TO THE POINT)
** IPO volume extended its 2-year slump this quarter, totaling $5.4 bil, $4.6 bil of that from CIT Group, which went public in July.
** Some 40% of menopausal women suffer from sleeplessness, according to a poll by the National Sleep Foundation. Much of that is due to hot flashes.
** Idec and Genentech say their drug Rituxan, originally developed for lymphoma, also shows promise in treating rheumatoid arthritis. That could double sales to $2 bil.
** Netflix, the online DVD rental outlet, boosted its subscriber base to 742,000, a 122% increase over last year and 12,000 more than it had forecast earlier.
** AOL will relay ...
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