ADVFN - Advanced Financial Network.
HOME» NASDAQ » I » ILMN Stock Price » ILMN Stock News

Illumina Share News

 Illumina (mm) Stock Price
ILMN Stock Price
 Illumina (mm) Stock Chart
ILMN Stock Chart
 Illumina (mm) Stock News
ILMN Stock News
 Illumina (mm) Company Information
ILMN Company Information
 Illumina (mm) Stock Trades
ILMN Stock Trades

Roche Sees No Reason To Raise Illumina Offer

ZURICH -(Dow Jones)- Swiss pharmaceutical giant Roche Holding AG (ROG.VX) Thursday said it sees "no reason whatsoever" to increase its offer for Illumina Inc. (ILMN) without entering talks with management at the U.S. gene-sequencing company. "Our offer of $51 is a full and fair offer and extremely attractive to Illumina shareholders," said Chief Executive Severin Schwan, on a conference call with analysts. Roche's preference remains for a negotiated deal with Illumina, Schwan said, but his company's approach has so far been rebuffed by Illumina's management, he added. "There is no reason whatsoever to increase our offer unless we get into negotiations. So far this is not the case," Schwan said. He was speaking as Roche, the world's biggest maker of cancer drugs, reported first-quarter sales of 11.03 billion Swiss francs ($12.09 billion), down 1% from a year earlier. -By John Revill, Dow Jones Newswires; +41 43 443 8042; john.revill@dowjones.com

Stock News for Illumina (ILMN)
DateTimeHeadline
05/04/201609:37:00U.S. Hot Stocks: Hot Stocks to Watch
05/03/201618:00:00Illumina Profit Drops Amid Climbing Expenses
05/03/201616:09:59Current Report Filing (8-k)
05/03/201616:05:00Illumina Reports Financial Results for First Quarter of Fiscal...
04/28/201618:35:37Statement of Changes in Beneficial Ownership (4)
04/27/201606:30:00Illumina to Webcast Live Presentation at the Bank of America...
04/25/201615:41:01Statement of Changes in Beneficial Ownership (4)
04/21/201616:05:00Illumina Files Patent Infringement Suit in Switzerland against...
04/20/201617:58:05Statement of Changes in Beneficial Ownership (4)
04/20/201617:35:10Statement of Changes in Beneficial Ownership (4)
04/20/201609:39:00Illumina (ILMN) Shareholder Alert: Shareholder Rights Law Firm...
04/19/201615:10:00Illumina Shares Take Hit on Weakness in Europ
04/18/201616:20:24Current Report Filing (8-k)
04/18/201616:05:00Illumina Announces Preliminary Revenue for First Quarter of Fiscal...
04/14/201618:44:57Statement of Changes in Beneficial Ownership (4)
04/14/201618:43:20Statement of Changes in Beneficial Ownership (4)
04/14/201618:39:35Statement of Changes in Beneficial Ownership (4)
04/14/201618:22:13Statement of Changes in Beneficial Ownership (4)
04/14/201616:18:00Illumina Invests In New Venture Fund
04/11/201617:59:55Statement of Changes in Beneficial Ownership (4)

Illumina and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad