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Beckman Coulter Shares Up 5.8 Percent on Strong Q1 Profit Growth

NEW YORK, May 3 (GenomeWeb News) - Shares in Beckman Coulter were up 5.78 percent, or $3.04, at $55.61 in mid-afrernoon trade after the company reported a 27-percent jump in first-quarter profit.

 

As GenomeWeb News reported this morning, Beckman said revenues for the three months ended March 31 declined 1.2 percent to $560 million from the $576 million year over year.

 

Profits for the period surged to $41.4 million from $32.6 million in the year-ago period.

 

Beckman said it expects second-quarter revenue to be between $620 million and $645 million, which would be improvements of between .3 percent and 4.4 percent above the $618.8 million the company posted for the second quarter last year.

The Scan

Shape of Them All

According to BBC News, researchers have developed a protein structure database that includes much of the human proteome.

For Flu and More

The Wall Street Journal reports that several vaccine developers are working on mRNA-based vaccines for influenza.

To Boost Women

China's Ministry of Science and Technology aims to boost the number of female researchers through a new policy, reports the South China Morning Post.

Science Papers Describe Approach to Predict Chemotherapeutic Response, Role of Transcriptional Noise

In Science this week: neural network to predict chemotherapeutic response in cancer patients, and more.