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Illumina and Pacific Biosciences Terminate Merger After FTC Challenge

The transaction would have valued PacBio at $1.2 billion.
At www.ValuEngine.com we show that the Medical sector 13.6% overvalued with the medical Instruments industry 2.0% undervalued. All 12 stocks in today’s table have complete ValuEngine data and
Recent economic data points and the Beige Book favored steady economic growth, but this morning’s data counters this positive information. Initial Jobless Claims rose 27,000 last week to 399,000