Los Angeles, CA, January 10, 2013 - Sequenom, Inc. (NASDAQ: SQNM) shares fell 2.96% to $4.43. The company, on Jan. 7, announced preliminary highlights of the Company's 2012 performance and accomplishments. The company posted total revenue of approximately $89 million, growth of approximately 59% year-over-year for 2012. Diagnostic services revenues of approximately $46 million, compared to $8.3 million in 2011. Diagnostic services revenues continue to be recorded primarily as cash is received.
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VOXX International Corp (NASDAQ: VOXX) stock surged 18.39% to $9.26 after the company reported third quarter net income of $0.56 per share, up from $0.38 per share a year ago. Revenues came in at $243.0 million, an increase of 17.5% compared to net sales of $206.8 million in the comparable year ago period.
Additionally, VOXX Accessories Corp., a wholly owned subsidiary of VOXX, on Jan. 3, announced it is working with Roku® to begin development of the industry's first integrated digital antenna with streaming. This new Roku Ready® digital antenna will allow consumers to receive over-the-air local HD broadcast and streaming entertainment from the Roku platform which features hundreds of entertainment channels.
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NewLead Holdings Ltd (NASDAQ: NEWL) shares soared 39.04% to $2.57 after the company announced that the Company received a capital contribution of industrial metal valued at $236.4 million for a 36.8% equity interest in NewLead. Upon completion of this transaction, it is expected that NewLead will have a total of 701,904,963 shares of common stock outstanding.
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Hanmi Financial Corp (NASDAQ: HAFC) shares climbed 4.72% to $15.98. HAFC, the parent company of California'sHanmi Bank, is looking for a buyer. The company has hired DelMorgan & Co. to advise it on the sale process, Bloomberg reported. Potential bidders could include Woori Finance Holdings Co. (WF, 053000.SE), the report said. In 2011, a deal for Woori to buy Hanmi for up to $240 million was canceled.
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Halozyme Therapeutics, Inc. (NASDAQ: HALO) shares declined 1.75% to $7.30. The company, on Jan. 7, announced that the Company ended 2012 with a cash balance of approximately $100 million and expects 2013 net cash burn to be between $45 and $50 million. The Company also announced it secured a $30 million term loan from Oxford Finance and Silicon Valley Bank. The $30 million term loan was fully drawn at close on December 28, 2012 and has a maturity date of December 1, 2016.
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