PositiveID Shares Drag Lower after Recent Feature on Fox News and Money Illegally Diverted from Petroleo
October 21 2014 - 12:00AM
InvestorsHub NewsWire
Biological detection
system developer PositiveID Corporation (OTC:
PSID) shredded its shares on Monday, dropping 31.47%.
PositiveID
shares collapsed on Monday, dropping more than 30% on over 27
million shares traded.
Company President, Lyle L. Probst, was featured on Hannity on Fox
News on Thursday, October 16, 2014, to discuss the Company's
Firefly Dx, a point-of-need system designed to quickly detect
pathogens such as Ebola in patients and in the environment.
Recently Probst also discussed the Firefly Dx in a SmallCapVoice
interview and how it could be used to prevent the spread of
outbreaks such as Ebola.
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Brazil President Dilma
Rousseff’s comments push Petr (NYSE:
PBR) shares to close down 6.23% on over 45 million
shares traded.
Shares of
Petr saw a decline in price on Monday after Brazilian President
Dilma Rousseff said there was evidence money was illegally diverted
from the state-controlled oil company.
Former head of refining for the company, Paulo Roberto Costa, said
that he collected bribes from suppliers who won contracts with the
company. Costa said some of the bribes were distributes to
political parties, according to Bloomberg.
President Rousseff commented during a televised presidential debate
that state officials don't know how much money was diverted from
Petrobras or who diverted the money.
She announced that she "never impeded the investigation," and that
she "never stopped anyone from speaking, or looking into what
happened."
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