The Dow Jones Industrial Average traded above 13,000 in February for the first time since April 2008. Market momentum was stimulated by employment growth, manufacturing data, rising consumer sentiment and strong technology earnings. On February 29, fourth-quarter GDP growth was revised up to 3.0% from initial estimates of 2.8%. However, concerns emerged as economic data […]
Advanced Liquid Logic’s (ALL) digital microfluidics technology promises greater scalability and lower costs than traditional, continuous-flow microfluidics. Although the company has commercialized one product itself, it is relying on partnerships to facilitate its technology’s development. ALL was founded in 2004 and today has 65 employees. ALL currently has four partnerships, with one resulting in a […]
Private R&D spending on agricultural inputs grew 4.4% from 2009 to 2010, according to the US Department of Agriculture Economic Research Service’s December 2011 report entitled Research Investments and Market Structure in the Food Processing, Agricultural Input and Biofuel Industries Worldwide. The report analyzes worldwide private R&D spending for seven agricultural-input areas, as well as […]
Twelve of the 19 companies in the IBO Laboratory Sales Index reported fourth-quarter earnings before this issue’s publication. Including estimates for companies yet to report, fourth-quarter revenue for the IBO Laboratory Sales Index grew 7.2%, including a loss of 6.9% excluding currency. Operating profit for the Index climbed 16.7%, and operating margin improved 90 basis […]
The Society for Laboratory Automation and Screening’s (SLAS) first annual conference and exhibit was held February 4 to 8 in San Diego, California. The show unites the previously separate LabAutomation and Society for Biomolecular Sciences (SBS) conferences, following the merger of the host organizations in 2010 (see IBO 2/15/11). The conference’s debut attracted 5,806 participants, […]
Analytical instrument companies are an important component of the food safety–response chain when the presence of a contaminant is detected. How these companies respond to such an event not only helps to ensure food safety but benefits business as well. In January, instrument companies issued or publicized methods to test for the fungicide carbendazim in […]
Below are financial reviews for Oxford Instruments and Analytik Jena, both of which are in IBO’s Lab Instrument Sales Index. Each company experienced strong operating gains. For the fiscal half year ending September 30, 2011, Oxford Instruments’ sales grew 40.5%, 30.0% organically, to £159.1 million ($252.5 million = £0.63 = $1). Acquisitions added 11.8% to […]
Nanoindentation for hardness testing has been touted as a luxury only available for more sophisticated research. This month, Nanovea announced its intent to bring nanoindentation to a wider market. Purchase orders will start in April, and smaller entities could be conducting nanoindentation measurements by June. The N3 line provides fully automated nanoindentation measurement. The M3 […]
US equity markets recorded positive gains in January due to improved consumer sentiment, strong manufacturing data and the Fed’s announcement that it will maintain exceptionally low rates through late 2014. In addition, China reported better-than-expected fourth-quarter growth, which climbed 8.9%. As such, the Dow Jones Industrial Average, S&P 500 and NASDAQ climbed 3.4%, 4.4% and […]
Last month, the EPA finalized mercury and air toxic standards for coal- and oil-fired electric utility steam-generating units (EGUs) larger than 25 MW (see IBO 12/31/11). The so-called Utility MACT (maximum achievable control technology) establishes emissions standards for air pollutants, including mercury, arsenic, chromium, nickel and acid gases. One type of instrument for which demand […]
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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.
