Randomized unit root processes for modelling and forecasting financial time series: Theory and applications

This paper considers the problems of statistically analysing the levels of financial time series rather than their differences, which are often equivalent to returns and which are traditionally analysed in econometric modelling. This focus on differences is a consequence of the inherent nonstationarity of the levels, and hence analysing the latter requires introducing an alternative framework for modelling nonstationary behaviour. We do this by considering randomized unit root processes, arguing that these can have a natural interpretation in the financial context. The paper thus develops methods for testing for randomized unit roots and for modelling such processes. It then applies these techniques to various financial time series, so as to ascertain their potential usefulness, particularly for forecasting.     

Complex reorganization and predominant non-homologous repair following chromosomal breakage in karyotypically balanced germline rearrangements and transgenic integration

We defined the genetic landscape of balanced chromosomal rearrangements at nucleotide resolution by sequencing 141 breakpoints from cytogenetically interpreted translocations and inversions. We confirm that the recently described phenomenon of 'chromothripsis' (massive chromosomal shattering and reorganization) is not unique to cancer cells but also occurs in the germline, where it can resolve to a relatively balanced state with frequent inversions. We detected a high incidence of complex rearrangements (19.2%) and substantially less reliance on microhomology (31%) than previously observed in benign copy-number variants (CNVs). We compared these results to experimentally generated DNA breakage-repair by sequencing seven transgenic animals, revealing extensive rearrangement of the transgene and host genome with similar complexity to human germline alterations. Inversion was the most common rearrangement, suggesting that a combined mechanism involving template switching and non-homologous repair mediates the formation of balanced complex rearrangements that are viable, stably replicated and transmitted unaltered to subsequent generations.     

Genome-wide association study identifies susceptibility loci for open angle glaucoma at TMCO1 and CDKN2B-AS1

We report a genome-wide association study for open-angle glaucoma (OAG) blindness using a discovery cohort of 590 individuals with severe visual field loss (cases) and 3,956 controls. We identified associated loci at TMCO1 (rs4656461[G] odds ratio (OR) = 1.68, P = 6.1 × 10(-10)) and CDKN2B-AS1 (rs4977756[A] OR = 1.50, P = 4.7 × 10(-9)). We replicated these associations in an independent cohort of cases with advanced OAG (rs4656461 P = 0.010; rs4977756 P = 0.042) and two additional cohorts of less severe OAG (rs4656461 combined discovery and replication P = 6.00 × 10(-14), OR = 1.51, 95% CI 1.35-1.68; rs4977756 combined P = 1.35 × 10(-14), OR = 1.39, 95% CI 1.28-1.51). We show retinal expression of genes at both loci in human ocular tissues. We also show that CDKN2A and CDKN2B are upregulated in the retina of a rat model of glaucoma.     

RhoA/Rho激酶在大鼠阴茎勃起机制中的调节作用

一般认为一氧化氮（nitric oxide,NO）释放增加促进小动脉和海绵体平滑肌舒张是导致男性阴茎勃起的主要机制。研究发现内源性血管收缩因子对维持阴茎萎状态有重要作用。应用大鼠模型活体检测使用Y-27632拮抗Rho-激酶活性后对阴茎勃起生理机制的影响;应用免疫转印技术检测 阴茎海绵体内RhoA和Rho激酶蛋白的表达。结果显示在大鼠海绵体组织内有内源性RhoA和Rho激酶蛋白的表达和存在;Y-27632海绵体内注射阻滞RhoA/Rho激酶活性使ICP和CCP/MAP比值明显升高;局部小剂量应用Y-27632对MAP没有明显影响;Y-27632可增强系列电刺激引起的由NO介导的CCP/MAP比值的增加;NO合成酶和鸟苷酸环化酶抑制剂的作用不能阻滞RhoA/Rho激酶抑制剂对大鼠阴茎海绵体平滑肌的松弛作用和CCP/MAP的增加。说明RhoA/Rho激酶信号系统发挥了维持海绵体萎软状态重要作用,这是与NO介导途径不同的阴茎勃起生理调节机制。RhoA/Rho激酶抑制剂可能是ED治疗的新领域新方法。     

Induction of chromosome abnormalities by reversal of colcemid inhibition in leucocyte cultures

Zusammenfassung Menschliche Leukozyten, die vorher 2 resp. 4 h der Wirkung von Colcemid ausgesetzt worden waren, ergaben in Zellkulturen 45 resp. über 50% Zellen mit 45 oder weniger Chromosomen im Vergleich zu 10% in Kontrollkulturen ohne Colcemid.

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This work is supported financially by Schering Chemicals Ltd., Burgess Hill, Sussex. We would like to thank Dr.A. G. Pitchford for advice and MissE. Gristwood for technical assistance.     

Pathology of an unusual lumbar condition in a young black bear ( Ursus americanus ) from the Big Bend region of Trans-Pecos Texas

The skeleton of a young American black bear ( Ursus americanus ) possessing asymmetrical distortions of the 5 caudalmost lumbar neural spines was recovered from west Texas. We attribute this abnormality, presumed to be congenital, to the absence or atrophy of the right multifidus muscle straddling L3 and to the series of compensatory muscle adjustments required to maintain spinal alignment. This finding may have important management implications for black bears in Texas, given the possibility that our specimen originates from a partially isolated population. El esqueleto de un oso negro juvenil ( Ursus americanus ) con distorsiones asimétricas de las cinco espinas neurales lumbares inferiores fue descubierto en el oeste de Texas. Atribuimos esta anormalidad, suponiendo que es de origen congénito, a la ausencia o atrofia del músculo multifidus derecho que se extiende a ambos lados de la vértebra L3 y la serie de ajustes musculares compensatorios necesarios para conservar el alineamiento espinal. Este hallazgo podría tener implicaciones importantes para esta especie en Texas, dada la posibilidad de que nuestro espécimen provenga de una población parcialmente aislada.