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Stock Market & Financial Investment News

News Breaks
July 9, 2014
08:35 EDTWATWaters, ChP sign joint open laboratory cooperation agreement
Waters Corporation announced an agreement with the Chinese Pharmacopoeia Commission, or ChP, to establish a Joint Open Laboratory. Scheduled to open before the end of 2014, the new Joint Open Laboratory will focus on in-depth research of pharmacopoeia standards, development of testing methods, methods validations and basic and advanced technical training of pharmacopoeia detection methods. Both the ChP and Waters expect the laboratory to become one of the national technical support centers in the field of Chinese pharmaceutical standards.
News For WAT From The Last 14 Days
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July 22, 2014
13:05 EDTWATWaters shares should be bought, says Maxim
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09:49 EDTWATWaters acquires REIMS technology from MediMass
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08:53 EDTWATWaters narrows FY14 EPS view to $5.25-$5.40 from $5.25-$5.50
Consensus is $5.31. Organic sales growth at or above mid single digit range. Sees mid-to-high single digit top line growth in 2H. Sees government funded instrument sales in the U.S. increasing in 2H. Says governmental spending in China beginning to improve. Sees sales growth in Q3, Q4 that would result in FY14 constant currency mid single digit growth. Says still working to find a successor to CEO Douglas Berthiaume. Sees FY operating tax rate 14%-15%. Sees currency neutral to sales growth in FY. Sees FY gross margins 58.5%-59%.
08:52 EDTWATWaters sees Q3 EPS $1.22-$1.32, consensus $1.32
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07:06 EDTWATWaters reports Q2 adjusted EPS $1.22, consensus $1.21
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July 17, 2014
10:00 EDTWATOn The Fly: Analyst Initiation Summary
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06:21 EDTWATWaters initiated with a Neutral at Citigroup
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