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downs syndrome posts

Closing Bell: From FOMC to Greece to Rumors (GE, SQNM, BTIM, HOG, NBG, CBS)

Posted Mar 16th 2010 4:20PM by Jon Ogg (RSS feed)
Filed under: General Electric (GE), CBS Corp 'B' (CBS), Harley-Davidson (HOG)

The FOMC not only kept rates at near-zero, the FOMC promised again that an "extended period" was left in the statement with a 9-1 vote to leave rates unchanged. Today was one of those days where overseas markets were up on Greece debt hopes, and the negative DJIA in the morning reversed itself for gains most of the day.

Here were today's unofficial closing bell levels:

Dow 10,685.98 +43.83 (0.41%) S&P 500 1,159.46 +8.95 (0.78%) Nasdaq 2,378.01 +15.80 (0.67%)

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Continue reading Closing Bell: From FOMC to Greece to Rumors (GE, SQNM, BTIM, HOG, NBG, CBS)

Sequenom spirals lower on Down's Syndrome test delay

Posted Apr 30th 2009 10:20AM by Elizabeth Harrow (RSS feed)
Filed under: Major Movement, Earnings Reports, Analyst Upgrades and Downgrades, Bad News, NASDAQ

Look for Sequenom, Inc. (NASDAQ: SQNM) to be smacked hard by selling pressure today. Late Wednesday, the company reported that improper handling of research and development test data and results by its employees has delayed the launch of its Down's Syndrome test. Sequenom said it's forming a special committee to investigate employee activity related to the tainted test data.

The company's SEQureDx tests the DNA of a fetus, via the mother's blood, in order to determine whether their blood groups are compatible. Although Sequenom can no longer rely on previously announced test data and results, Chief Executive Harry Stylli asserted, "We are not back at square one" on a conference call.

Continue reading Sequenom spirals lower on Down's Syndrome test delay