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Stock Market & Financial Investment News

News Breaks
January 9, 2013
16:25 EDTPKIPerkinElmer rises over 4% after Verinata pact on prenatal test
PerkinElmer (PKI) traded up today after announcing a collaboration this morning with Verinata Health to expand access to the non-invasive prenatal test for Down syndrome and other chromosomal abnormalities. Under the terms of the collaboration agreement, PerkinElmer will serve as an exclusive Verinata Health commercial partner in the joint sales and marketing of the test in the United States. The collaboration consolidates and streamlines delivery of prenatal testing options due to the combination of PerkinElmer’s extensive prenatal testing menu with Verinata’s proprietary technologies for the early, non-invasive identification of specific fetal chromosomal aneuploidies. PerkinElmer shares closed up $1.34, or 4.06%, to $34.36.
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September 8, 2014
06:23 EDTPKIPerkinElmer initiated with an Overweight at Morgan Stanley
Morgan Stanley initiated PerkinElmer with an Overweight and $52 price target. The firm believes PerkinElmer has the best positioning in China and the most organic EBIT margin leverage.

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