In fiscal 2008, average short-term and long-term compensation for 56 executives at 44 analytical instrument and laboratory product companies in IBO’s three Stock Indexes (see IBO 4/30/09) increased, according to the latest results of IBO’s annual Executive Compensation Survey. Average total short-term compensation grew 5.1% to $1,199,310, while average total long-term compensation rose 13.2% to […]

First-quarter revenues for IBO’s Laboratory Instrument Sales Index declined 2.4% to $4,863 million. Operating profit improved 2.0% to $849 million, and operating margin climbed 80 basis points to 17.5% of sales. Revenues were adversely affected by the economic slowdown and, for US firms, by the higher valuation of the US dollar. A majority of companies […]

In April, all major US stock indexes climbed higher despite weak economic data and mixed first-quarter earnings. The Dow Jones Industrial Average, S&P 500 and NASDAQ finished the month up 7.3%, 9.4% and 12.3%, respectively. The markets shrugged off higher than expected unemployment claims, increasing foreclosure rates and the report of a 6.1% annual decline […]

Fourth-quarter sales for the Lab Equipment/Consumables Sales Index declined 1.2% to $866.20 million, while operating profits improved 5.6% to $265.08 million. Operating margins rose 200 basis points to 30.6% of sales due to cost savings initiatives by a majority of companies in the Index. For the year, Index sales improved 7.5% to $3,557.89 million, operating […]