Orlando, FL -- (SBWIRE) -- 09/25/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Sequenom, Inc. (NASDAQ:SQNM), ConocoPhillips (NYSE:COP).
Sequenom, Inc. (NASDAQ:SQNM) shares declined 2.57% to $2.69. The company on Sept. 23 announced that its Board of Directors has authorized a review of potential strategic alternatives for its Genetic Analysis business segment. The review will include evaluation of a full range of potential strategic alternatives for the Genetic Analysis business segment. Sequenom has retained Jefferies LLC as its financial advisor to assist in the evaluation of alternatives.
Additionally, the company on Sept. 18 announced a Certified Service Provider (CSP) program for the technical certification of selected laboratories offering research services using the Sequenom research-use-only MassARRAY® System. Certifications cover the major research applications of the MassARRAY System, including iPLEX® genotyping, OncoCarta™ somatic mutation profiling, ADME PGx, and EpiTyper® DNA methylation analysis.
Are investors worried about the recent updates with SQNM? Find out with a free trend analysis HERE
ConocoPhillips (NYSE:COP) shares dropped 0.26% and closed at $70.40. The company on Sept. 4 said an arbitration panel of the World Bank ruled that Venezuela unlawfully expropriated the firm's oil investments in the South American country in 2007, causing a charge of about $4.5 billion.
The company's Petrozuata and Hamaca heavy crude oil projects and its offshore Corocoro development were taken over during the left-wing administration of deceased former President Hugo Chavez.
The company said the arbitration process of the International Centre for Settlement of Investment Disputes will continue for some time to figure out compensation owed.
Additionaliy, In the latest Gulf of Mexico lease sale, which attracted the second-lowest amount of bids in 30 years, Houston-based ConocoPhillips (NYSE: COP) submitted the highest bid. Reuters on August 29 is reporting the company, which operates just one oil and gas platform in the Gulf, offered $30.58 million for a tract about 200 miles south of Galveston.
Is COP going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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