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Goldman Sachs Maintains Buy Rating On Illumina
Wednesday, July 27, 2011 - 9:27am | 137According to Goldman Sachs, Illumina (NASDAQ: ILMN) reported 2Q results that beat expectations (revs/EPS of $287mn/$0.38 vs. consensus $282mn/$0.36) but the magnitude of the revenue beat declined sequentially (2% vs. 8% in 1Q2011) and management took a cautious tone on the academic funding outlook...
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Earnings Roundup
Wednesday, July 27, 2011 - 8:43am | 1811Boeing Co (NYSE: BA) reported a 20% rise in its second-quarter profit. Boeing's quarterly profit surged to $941 million, or $1.25 per share, from $787 million, or $1.06 per share, in the year-earlier period. Its revenue gained 6% y/y to $16.54 billion from $15.57 billion. However, analysts were...
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J.P. Morgan Maintains Neutral on Waters
Wednesday, July 27, 2011 - 8:36am | 141J.P. Morgan is out with its report today on Waters (NYSE: WAT), maintaining Neutral. In a note to clients, J.P. Morgan writes, "2Q11 results (8% organic) fell short of both high expectations and guidance (10% organic), as softer demand from academic and pharma customers took a toll, while...
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JP Morgan Recaps 2Q for Illumina Inc
Wednesday, July 27, 2011 - 8:28am | 161J.P. Morgan has published a research report on Illumina Inc (NASDAQ: ILMN) recapping 2Q results. In the report, J.P. Morgan wrote, "Expectations were high heading into 2Q results, and while there was a lot to like in the quarter, including 36% revenue growth, healthy sequencing demand (+...
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Piper Jaffray Rates QGEN
Wednesday, July 27, 2011 - 8:28am | 28According to Piper Jaffray, Qiagen (NASDAQ: QGEN), PT is set to $23 and is rated as Overweight. Qiagen closed yesterday at $17.29.
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Goldman Sachs Comments on Waters Corporation
Wednesday, July 27, 2011 - 8:18am | 178Goldman Sachs has published a research report on the Waters Corporation (NYSE: WAT). In the report, Goldman Sachs wrote, "WAT's 2Q miss was driven by a combination of end of quarter slippage among pharma customers, delayed spending decisions ahead of new product launches (Synapt G2S and I- lass...
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A Peek Into The Market Before The Trading Starts
Wednesday, July 27, 2011 - 7:25am | 377Pre-open movers US stock futures are flat this morning. Shares of Amazon.com Inc (NASDAQ: AMZN) surged about 6.4% in pre-market trading after the company reported upbeat quarterly results. Futures for the Dow Jones Industrial Average gained 1 point to 12,433.00 and S&P 500 index futures fell 1....
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Goldman Sachs Lowers PT on Illumina To $76
Wednesday, July 27, 2011 - 7:17am | 26Goldman Sachs has lowered the price target on Illumina (NASDAQ: ILMN) from $83 to $76 and maintains its Buy rating.
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UPDATE: Thermo Fisher Reports Strong Rise In Q2 Profit, Raises 2011 Earnings Forecast
Wednesday, July 27, 2011 - 6:38am | 109Thermo Fisher Scientific Inc (NYSE: TMO) reported a rise in its second-quarter net profit and lifted its earnings forecast for the year. Thermo Fisher reported its quarterly net profit at $523.4 million, or $1.36 per share, up from $237.3 million, or $0.57 per share, in the year-ago period. Its...
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Goldman Sachs Lowers PT On Waters Corporation To $105
Wednesday, July 27, 2011 - 6:33am | 27Goldman Sachs has lowered the price target on Waters Corporation (NYSE: WAT) from $111 to $105 and maintains its Buy rating.
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Stocks to Watch for Wednesday 7/27/2011: Fresh 52 Week Highs and Lows
Wednesday, July 27, 2011 - 4:37am | 2249Stocks trading at or near 52-week highs and lows provide excellent trading opportunities, as volatility tends to increase at such levels and exit/entry points become more clearly defined. The following stocks hit new 52-week highs in Tuesday's trading session (listed from highest total volume to...
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The Next Big Breakout Stock
Tuesday, July 26, 2011 - 11:52am | 202Shares of Arrowhead Research Corp. (NASDAQ: ARWR) are trading higher on the session by 1.92%, at $0.53. The name has been consolidating above $0.50 for the past week following a spike higher, where ARWR touched $0.69. The 20-day moving average has begun to tick higher and higher; a 20/50 upside...
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Pre-Market Winners and Losers
Tuesday, July 26, 2011 - 8:42am | 202Winners: RadioShack (NYSE: RSH) is up almost 19% after the company announced an agreement to provide Verizon Wireless (NYSE: VZ) products in its stores. Broadcom (NASDAQ: BRCM) is up over 8% after reporting earnings. Ceva (NASDAQ: CEVA) is up over 7% after reporting earnings. Hexcel Corp (NYSE...
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Options Brief: BioDelivery Sciences International
Monday, July 25, 2011 - 10:13am | 86Shares of BioDelivery Sciences International (NASDAQ: BDSI) are higher on the session by 1.28%, trading at $3.96. Overall call volume is now running at 7.96x the daily average, with 0% of all calls traded being purchases on the offer. 4,029 contracts have traded on the session so far....
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Waters CE Marks In Vitro Diagnostic MassTrak Immunosuppressants XE Kit
Monday, July 25, 2011 - 9:09am | 70Waters Corporation (NYSE: WAT) today announced that its MassTrak™ Immunosuppressants XE Kit is now CE-marked in accordance with the IVD Directive 98/79/EC, for the quantitative measurement of the immunosuppressive drugs tacrolimus in liver and kidney transplant patients and everolimus (Certican®)...