This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Life Technologies Says Demand Held Up In 3Q

Including acquisition costs and other charges, Life Technologies said it earned 22 cents per share in the most recent quarter. During the period it also agreed to sell its interest in Applied Biosystems/MDS Sciex, a mass spectrometry business, to Danaher Corp.

Life Technologies now forecasts a profit of $2.90 to $2.95 per share, up from between $2.70 and $2.80 per share. That includes a "modest" benefit from stimulus funds. Analysts were expecting $2.80 per share. In morning trading, its stock rose $2.21, or 4.7 percent, to $49.26. They reached a high of $49.94.

Copyright 2009 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
LIFE $76.04 -0.04%
ABI $22.98 1.01%
DHR $82.81 0.15%
AAPL $126.74 -1.50%
FB $77.55 -1.60%


DOW 18,011.12 -59.28 -0.33%
S&P 500 2,102.64 -11.85 -0.56%
NASDAQ 4,964.8260 -52.1030 -1.04%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs