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Calling it Quits: As Tough Times Continue for Small Biotech, Several Ready to Throw in the Towel


5/15/2009 5:07:56 PM

The Burrill Report -- Wall Street took a pause as traders moved money out of stocks at the end of last week, putting a damper on the market's Spring rally. Although the economy continues to shrink, the pace has slowed. A Reuters/University of Michigan consumer sentiment index rose to its highest level in eight months, and while many investors believe the economy is slowly stabilizing, there are no clear signs of a recovery.

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