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Investment Bank Upgrades Beckman Coulter Stock on Positive Q3 Results

NEW YORK, Nov. 3 (GenomeWeb News) - Bear Stearns today upgraded Beckman Coulter's stock to "Outperform" from "Peer Perform" on positive Q3 results reported yesterday.


As GenomeWeb News reported, Beckman Coulter had a 2-percent increase in third-quarter revenues of $593.4 million. 


Shares in Beckman Coulter jumped 6.6 percent, or $3.25, to close at $52.75 yesterday after the company announced its results. The stock continues to climb today, going up 4.4 percent, or $2.31, to $55.06 in mid-afternoon trading.

The Scan

LINE-1 Linked to Premature Aging Conditions

Researchers report in Science Translational Medicine that the accumulation of LINE-1 RNA contributes to premature aging conditions and that symptoms can be improved by targeting them.

Team Presents Cattle Genotype-Tissue Expression Atlas

Using RNA sequences representing thousands of cattle samples, researchers looked at relationships between cattle genotype and tissue expression in Nature Genetics.

Researchers Map Recombination in Khoe-San Population

With whole-genome sequences for dozens of individuals from the Nama population, researchers saw in Genome Biology fine-scale recombination patterns that clustered outside of other populations.

Myotonic Dystrophy Repeat Detected in Family Genome Sequencing Analysis

While sequencing individuals from a multi-generation family, researchers identified a myotonic dystrophy type 2-related short tandem repeat in the European Journal of Human Genetics.