TeleCommunications Systems Inc. (NASDAQ:TSYS) is down 8.06% this morning at $1.94. TSYS has traded 428 thousand shares so far today, well above its daily average of 377 thousand shares. TSYS shares are continuing lower today and is down 23.49% in the past five days. TeleCommunications Systems reported a $0.01 loss in the first quarter. TSYS was also downgraded today to underperform at RBC Capital. The company has a market cap of 110.79 million.
Hologic Inc. (NASDAQ:HOLX) is down 9.37% today at $19.25. HOLX has traded 12.8 million shares so far today, well above its daily average of 1.9 million shares. Hologic announced today it will buy Gen-Probe for $3.72 billion. Hologic also missed second quarter sales estimates. The company has a market cap of 5.06 billion. [Read more...]