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BUSINESS
May 3, 2000 | Bloomberg News
Hearing aid maker Sonic Innovations Inc. (SNCI) helped the new-offerings market come roaring back Tuesday. The Salt Lake City-based company's shares rose 51% in first-day trading as investors showed they will still significantly bid up initial public offerings, or IPOs, even after recent steep declines in many computer and Web stocks. Sonic's shares climbed $7.13 to $21.13, a day after the company sold 3.6 million shares at $14 each, raising $50.4 million. South San Francisco, Calif.
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BUSINESS
May 3, 2000 | Bloomberg News
Hearing aid maker Sonic Innovations Inc. (SNCI) helped the new-offerings market come roaring back Tuesday. The Salt Lake City-based company's shares rose 51% in first-day trading as investors showed they will still significantly bid up initial public offerings, or IPOs, even after recent steep declines in many computer and Web stocks. Sonic's shares climbed $7.13 to $21.13, a day after the company sold 3.6 million shares at $14 each, raising $50.4 million. South San Francisco, Calif.
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BUSINESS
September 23, 1999 | Bloomberg News
Genentech Inc. said Chief Operating Officer William Young resigned to become chief executive of closely held ViroLogic Inc., ending a 19-year career at the biotechnology company. Genentech, which is majority-owned by Swiss drug maker Roche Holding, also named Chief Executive Arthur Levinson to the position of chairman and announced the appointment of two outside directors.
SCIENCE
February 16, 2005 | Thomas H. Maugh II and Sharon Bernstein, Times Staff Writers
As New York City public health officials Tuesday attempted to track down the sexual contacts of a man with what has been termed a "super-strain" of HIV, other AIDS experts questioned why such an uproar has emerged over a single case.
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