The two companies were working together on DNA sequencing technology, but the pharmaceutical giant pulled out Tuesday.
Markets are headed for a down open on slower than expected growth in China.
Credit Suisse has identified companies that should benefit from shifts in the foreign exchange markets.
These stock picks are top-ranked according to a quantitative rating system.
Fiserv is downgraded to 'neutral,' and Agilent is initiated with an 'overweight.'
Canadian Pacific is upgraded to 'overweight ,' and Aflac is downgraded to 'sector perform.'
McDonald's is downgraded to 'neutral,' and Akamai is upgraded to 'buy.'
VIDEO ON MSN MONEY
Copyright © 2013 Microsoft. All rights reserved.
Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.
Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.
The Market Dispatches column has been discontinued. Here's where to find the latest stock and business news on MSN Money, and the latest from market writer Charley Blaine.
MONEY & POLITICS
Breaking up big banks is an untested solution to the too big to fail problem that attempts to isolate and dismantle large, troubled institutions while protecting the rest of the economy.
The IRS is struggling to combat identify thieves who file fraudulent tax returns in the names of older residents who don't need to file.