Shares of Illumina Inc. (Nasdaq: ILMN) sank Thursday after the genetic analysis instrument maker said revenue in the second quarter fell short of its own forecast and Wall Street estimates.
The U.S. Justice Department joined a whistleblower lawsuit against SAIC Inc. (NYSE: SAI), the San Diego-based defense contractor that specializes in computer services, saying the company conspired with government employees to obtain a $3.2 billion federal contract.
Illumina Inc. said Wednesday its second-quarter revenue will likely fall below prior expectations because of a slowdown in the number of genetic studies and lower foundation funding.
Leap Wireless International Inc. (Nasdaq: LEAP) and MetroPCS Communications Inc. fell in New York trading after Pali Capital recommended selling the shares amid growing competition in the prepaid mobile-phone market.
General Atomics Aeronautical Systems Inc. (GA-ASI), announced that its Lynx Block 30 Synthetic Aperture Radar/Ground Moving Target Indicator (SAR/GMTI) radar has completed two successful test flights on a Sky Warrior Block 1 UAS.
The Navy's Program Executive Office for Command, Control, Communications, Computers and Intelligence (PEO C4I) announced it will begin limited procurement and fielding of unclassified wireless networks onboard Navy surface ships starting this summer.
Helix Wind Corp. (OTC: HLXW) has added smart grid technology to its line of Small Wind Vertical Axis Turbines to manage performance and uptime of Helix Wind systems.
Sheppard, Mullin, Richter & Hampton LLP recently launched a legal blog for the video game industry -- lawofthelevel.com. The online resource will focus on issues important to the gaming sector.
MojoPages, a next generation local search solution, has raised $5 million in a Series A financing led by Austin Ventures.
The University of California, San Diego Health Sciences has appointed Lucila Ohno-Machado, M.D., Ph.D., chief of its new Division of Biomedical Informatics in the Department of Medicine.
This annual publication recognizes some of the local leaders and innovators in these two competitive industries.
