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Illumina is crashing after giving investors terrible news about its revenue (ILMN, PACB)

Business & Finance : Business Insider: Money Game

Shares of Illumina plunged 25% in early trading on Tuesday after the company announced preliminary third-quarter results that missed both its earlier guidance and what analysts were expecting. The biotech company said after the mark...

Thermo Fisher Scientific Inc. (TMO), Life Technologies Corp. (LIFE), Illumina, Inc. (ILMN): This Deal Brings Benefits Along With a Huge Debt

Business & Finance / Investing : Insider Monkey

The rumors have finally been put to rest. After three months of a bidding war, Thermo Fisher Scientific Inc. (NYSE:TMO) ultimately beat other contenders to acquire Life Technologies Corp. (NASDAQ:LIFE) for $76 per share, or approxim...

Illumina’s Pain Infects Biotech ETFs

Business & Finance / Investing : Focus on Funds

Biotech exchange-traded funds are in pain, yet again, with the iShares Nasdaq Biotechnology ETF (IBB) and the VanEck Vectors Biotech ETF (BBH) falling 2.5% and 2.3% respectively. This time, the blame falls on Illumina (ILMN). The ge...

Here is What Hedge Funds Think About Illumina, Inc. (ILMN)

Business & Finance / Investing : Insider Monkey

Illumina, Inc. (NASDAQ:ILMN) was in 28 hedge funds’ portfolio at the end of the first quarter of 2013. ILMN investors should be aware of a decrease in support from the world’s most elite money managers of late. There were 37 hedge f...

Is Illumina, Inc. (NASDAQ:ILMN) Going to Burn These Hedge Funds?

Business & Finance / Investing : Insider Monkey

Illumina, Inc. (NASDAQ:ILMN) was in 35 hedge funds’ portfolio at the end of December. ilmn shareholders have witnessed an increase in enthusiasm from smart money lately. There were 26 hedge funds in our database with ilmn positions ...


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