First-quarter Life Science Index sales grew 3.1%, 2.5% on a currency-neutral basis, to $3,163 million. Revenue growth for several companies was negatively impacted by lower research funding in the US. Operating profit improved 5.2% to $700 million, and operating margin was unchanged at 22.1% of sales. Of the 13 Index companies, Tecan was the only […]
IBO has selected Agilent’s 8800 triple quadrupole inductively coupled plasma–MS (ICP-MS) as the outstanding new product at this year’s ASMS meeting. While the majority of ICP-MS systems are based on single quadrupole mass analyzers, and there are a handful of TOF and magnetic sector systems, the 8800 is the first triple quadrupole ICP-MS. Thus, the […]
This year’s 60th annual conference of the American Society of Mass Spectrometry (ASMS) was held in Vancouver, Canada, from May 20 to 24. Attendance by both exhibitors and end-users was down marginally, from 169 and 6,477 in Denver, Colorado, last year to 165 and 6,283, respectively, this year. There were no fewer than a dozen […]
Greece has set the stage for a modern-era economic tragedy, as the country decides whether to abide by the bailout agreement or exit the Eurozone. An even graver concern is the fate of other European debt-ridden countries. These concerns coupled with softer US manufacturing growth, declining US consumer confidence and continued weakness in the US […]
Sales growth in developing economies, industrial markets and applied applications offset weakness in US and European academic and government markets in the calendar-year first quarter, according to the financial results of major, publicly held laboratory instrument and lab product businesses. For the eight businesses whose quarterly results are detailed on pages 9–11, total revenues for […]
New regulations adopted in January 2011 allowing shareholders an advisory vote to approve executive compensation had little impact on total disbursement last fiscal year for the top executives at the companies in the IBO Stock Indexes (see IBO 4/30/12). In fiscal 2011, total average compensation for the 40 company presidents and CEOs at the 37 […]
First-quarter revenue growth for IBO’s Laboratory Instrument Sales Index slowed to 2.4%, 2.6% excluding currency, to $5,784 million. Operating profit climbed 8.4% to $1,251 million, and operating margin fell 90 basis points to 18.3% of sales. Financial estimates are included for Oxford Instruments, Spectris and Tecan, which have not yet reported first-quarter financial data. QIAGEN […]
Although daily world events and economic indicators can affect macroeconomic growth prospects, future sales growth for instrument and laboratory product sales generally are more determined by longer-term scientific and end-market trends. Nonetheless, macroeconomic conditions can have a delayed effect on instrument and lab product sales, as they ultimately affect investment decisions by end-user industries and […]
US equity prices declined modestly in April despite strong corporate first-quarter earnings. The S&P 500 and NASDAQ slipped 0.7% and 1.5%, respectively. The Dow Jones Industrial Average was unchanged. First-quarter US GDP growth slowed to 2.2% from 3.0% in the fourth quarter of 2011. US durable goods orders for March were weaker than expected. Year […]
Last month, PerkinElmer unveiled its Ensemble for Chemistry, one of four Ensemble suites. Ensemble for Chemistry is an electronic laboratory notebook (ELN)-based suite of applications for planning and logging experiments. End-users can input, store and analyze data. “There’s a real productivity gain because [end-users] can clone previous experiments and repeat them or change them slightly,” […]
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IBO (Instrument Business Outlook) is a twice-monthly newsletter aimed at providing decision-makers with the latest and most complete information available on the life science and analytical instrument industry, and lab product markets. IBO delivers the latest curated industry news, information and trends, as well as SDi data and analysis to deliver the maximum in industry insight with a minimum time investment for executives and investors.
