PhillyInc: UniTek Global Services Inc. lost half of its market value Monday, making it the worst performer on the Nasdaq. Meanwhile, shares of Discovery Laboratories Inc. slumped 22 percent, or 54 cents, closing at $1.85, after announcing yet another delay in launching its key product.
PhillyInc: What in the name of value creation has Strategic Diagnostics Inc. done? Like many other companies, the Newark, Del. company has decided to sell off a business unit. However, the company, which rebranded itself SDIX in 2010, is apparently selling its last remaining business unit.
Inquirer business columnist Mike Armstrong and other staff writers take you beyond the business headlines in Philadelphia.