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Winners & Sinners: Tektronix, Biogen, Medtronic...


A quick look at today's biggest up and down movers.


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Tektronix (TEK) shares are soaring on news that Danaher Corp. (DHR) has agreed to purchase the company for $38 per share. New Oriental Ed & Tech Grp (EDU) is also in the green this morning after the company announced a 55.1% increase in profits for the first quarter.

Medtronic (MDT) shares are to the downside this morning after the announcement that the medical-technology company will stop the distribution of a portion of its defibrillator leads due to a risk of fracturing. Telecom stocks are also trading lower this morning, highlighted by the announcement from Level 3 Communications (LVLT) that it is searching for a new CFO.

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No positions in stocks mentioned.

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