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[Q]: NEW YORK (AP) -- Pfizer Inc. said Friday it is pulling its blood pressure drug Thelin off the market and stopping all clinical trials because the drug can cause fatal liver damage.
 Thelin is sold in the European Union  Canada  and Australia as an oral treatment for severe pulmonary arterial hypertension  or high blood pressure in the pulmonary artery. Pfizer said a review of data from clinical trials and post-marketing reports showed a new link to liver injury. It also consulted with experts about the link between Thelin and the deaths of two patients.
 Liver damage was a known side effect of Thelin and similar drugs  the company said. Pfizer said the withdrawal was voluntary and added that it has withdrawn its filing for marketing approval in the U.S.
 Since there are other treatment options  Pfizer said the benefits of Thelin don't outweigh the risks. It is stopping all studies of the oral drug  which Pfizer acquired in 2008 when it bought Encysive Pharmaceuticals Inc. Encysive had been trying to win marketing approval for Thelin since 2005  but the Food and Drug Administration said it was not effective enough. Other agencies only approved the drug for hypertension that was so debilitating that patients' physical activity was severely limited.
 The chemical name of Thelin is sitaxsentan.
[A]: Citing liver damage Pfizer withdraws Thelin


[Q]: Mario Gabelli says the animal spirits in the markets  awakened by tax reform and strong corporate profits  are creating a new wave of merger activity and opportunities for investors.
 Gabelli  says  he 's a buyer of General Electric shares after  their  recent pullback  based on  its  industrial business. GE shares are up 1.5 percent on Monday.  He  said  his  firm is just starting to buy.
Live entertainment is an opportunity for investors   Gabelli  said  saying  he  likes Liberty Braves (which is Liberty Media Corp. Series C)  and Madison Square Garden.
 He  owns shares of casino operators Wynn and MGM and says  he  would continue to hold Wynn even without  its  CEO  Steve Wynn  at the helm. Wynn shares are plunging  down another 8.7 percent on Monday  after the chief executive was accused of sexual misconduct over a number of years. MGM's stock is up 2.2 percent.
 Gabelli  also said oil services companies are well-positioned  saying  he  is adding to  his  holdings of Halliburton and buying shares of a smaller Minneapolis-area fracking company called Twin Disc  sending  its  shares up 14 percent in midday trading Monday.
 Gabelli  said  "I'm still very optimistic as I generally am over the next six to nine months."  He  says  he  doesn't believe the market is overheated at the moment.
"It's not like 1999 when doctors were looking at the quote machines while they were operating "  Gabelli  said. "You're seeing a flow of funds. Is it too much? Not yet."
[A]: Gabelli : merger activity makes him optimistic about markets


[Q]: Jaspreet Singh  29  of Melbourne  appeared in court Wednesday on charges of making a false police report and criminal damage with a view to gaining a financial advantage. He did not enter a plea and was released on bail.
 Singh told police he was parking his car when four men approached him  pushed him against the car  poured a fluid on him and set him on fire. Singh was burned on his arms  chest and face.
 But Detective Senior Constable Danielle O'Keefe told the court Wednesday that arson chemists and hospital staff had determined Singh's injuries and damage to his clothes and car were not consistent with his story.
 Investigators believe Singh made up the story of the attack after accidentally lighting himself on fire while torching his car in an insurance fraud scheme  O'Keefe said.
[A]:
Australian official urges balance in India reports