If executive compensation plans are designed to reward financial performance and increase shareholder returns, then fiscal 2010 was an exemplary year. In fiscal 2010, total median compensation for the 55 executives at 40 analytical instrument and laboratory product companies in the four IBO Stock Indexes (see IBO 4/30/11) soared 34.3% to $2,761,689. For those same […]

Instrument and laboratory product company executives’ expectations have improved from last fall but are not where they were a year ago, according to the results of IBO’s Spring 2011 Business Climate Survey. IBO’s biannual business climate surveys gauge executives’ outlook for industry sales and opinions about economic issues and market trends. Twenty-eight executives were surveyed […]

The first of IBO’s biannual new laboratory roundup indicates that companies are trying to strengthen their position in foreign markets by expanding their lab presence in Asia, most notably in India and China, to serve customers both locally and globally. In addition, the table on page 6 highlights plans for new academic, forensics and nonprofit […]

For the third quarter, the IBO Lab Equipment/Consumables Index grew 2.4%, or 3.6% excluding currency. Operating profit improved 3.2%, and operating margins gained 10 basis points to 17.3% of sales. Fourth-quarter Index sales were flat, but grew 1.0% excluding currency to $4,030.02 million. Operating profit increased 3.6% to $691.05 million, and operating margins improved 40 […]

London, UK 4/5/11; London, UK 4/11/11—Microsaic Systems has raised £4.0 million ($6.5 million = £0.62 = $1) through an institutional placing in connection with its public listing on the London Stock Exchange’s AIM Market on April 11. Microsaic is the developer of the Microsaic 3500 MID, a chip-based MS system. The company placed 12.5 million […]

Equities endured bearish sentiment in early March following Japan’s nuclear malfunction, civil unrest in Libya and rising energy costs. For the three days ending March 16, the Dow Jones Industrial Average, S&P 500 and NASDAQ each fell 3.6%. Yet despite global uncertainties, investors refocused on strong US corporate forecasts and positive economic data, including improved […]

Singapore 3/4/11—Analytical instrument distributor and manufacturer Techcomp has announced that it plans to list its ordinary shares on the Main Board of the Hong Kong Stock Exchange (HKEX). The company’s shares are currently listed on the Singapore stock exchange. Techcomp stated that the dual primary listings will provide it with access to different equity markets […]